Direxion Etf Current Liabilities
Direxion fundamentals help investors to digest information that contributes to Direxion's financial success or failures. It also enables traders to predict the movement of Direxion Etf. The fundamental analysis module provides a way to measure Direxion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Direxion etf.
Direxion |
Direxion ETF Current Liabilities Analysis
Direxion's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Direxion Current Liabilities | 1.43 M |
Most of Direxion's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Direxion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
CompetitionIn accordance with the recently published financial statements, Direxion has a Current Liabilities of 1.43 M. This is much higher than that of the Direxion Funds family and significantly higher than that of the Trading-Leveraged Equity category. The current liabilities for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for Direxion
The fund invests 63.36% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Direxion's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Direxion Fundamentals
Return On Asset | -4.13 | |||
Profit Margin | (17.12) % | |||
Operating Margin | (5.52) % | |||
Current Valuation | 924.74 K | |||
Shares Outstanding | 1.52 M | |||
Revenue | 5.1 M | |||
Gross Profit | 3.45 M | |||
EBITDA | (258.32 K) | |||
Net Income | (872.72 K) | |||
Cash And Equivalents | 1.21 M | |||
Cash Per Share | 0.79 X | |||
Current Ratio | 6.95 X | |||
Cash Flow From Operations | 145.66 K | |||
Earnings Per Share | (0.55) X | |||
Market Capitalization | 2.14 M | |||
Total Asset | 11.67 M | |||
Retained Earnings | (9.37 M) | |||
Working Capital | 6.88 M | |||
Current Asset | 8.31 M | |||
Current Liabilities | 1.43 M | |||
Year To Date Return | (12.00) % | |||
One Year Return | 16.01 % | |||
Net Asset | 1.4 M | |||
Equity Positions Weight | 63.36 % |
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Other Tools for Direxion Etf
When running Direxion's price analysis, check to measure Direxion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion is operating at the current time. Most of Direxion's value examination focuses on studying past and present price action to predict the probability of Direxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direxion's price. Additionally, you may evaluate how the addition of Direxion to your portfolios can decrease your overall portfolio volatility.
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