Victoryshares Westend Sector Etf Cash And Equivalents
| MODL Etf | USD 40.73 0.19 0.47% |
VictoryShares WestEnd Sector fundamentals help investors to digest information that contributes to VictoryShares WestEnd's financial success or failures. It also enables traders to predict the movement of VictoryShares Etf. The fundamental analysis module provides a way to measure VictoryShares WestEnd'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 VictoryShares WestEnd etf.
VictoryShares |
VictoryShares WestEnd Sector ETF Cash And Equivalents Analysis
VictoryShares WestEnd's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current VictoryShares WestEnd Cash And Equivalents | 29.56 M |
Most of VictoryShares WestEnd's fundamental indicators, such as Cash And Equivalents, 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, VictoryShares WestEnd Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, VictoryShares WestEnd Sector has 29.56 M in Cash And Equivalents. This is much higher than that of the Victory Capital family and significantly higher than that of the Large Blend category. The cash and equivalents for all United States etfs is notably lower than that of the firm.
VictoryShares Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares WestEnd's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares WestEnd could also be used in its relative valuation, which is a method of valuing VictoryShares WestEnd by comparing valuation metrics of similar companies.VictoryShares WestEnd is currently under evaluation in cash and equivalents as compared to similar ETFs.
VictoryShares Fundamentals
| Return On Asset | 0.14 | |||
| Current Valuation | 799.42 M | |||
| Shares Outstanding | 48.96 M | |||
| Shares Owned By Insiders | 5.79 % | |||
| Shares Owned By Institutions | 63.10 % | |||
| Number Of Shares Shorted | 2.43 M | |||
| Price To Earning | 14.75 X | |||
| Price To Book | 6.14 X | |||
| Price To Sales | 1.73 X | |||
| Revenue | 443.8 M | |||
| Gross Profit | 188.23 M | |||
| EBITDA | 86.53 M | |||
| Net Income | 62.8 M | |||
| Cash And Equivalents | 29.56 M | |||
| Cash Per Share | 0.68 X | |||
| Total Debt | 296.53 M | |||
| Debt To Equity | 2.35 % | |||
| Current Ratio | 1.24 X | |||
| Cash Flow From Operations | 56.27 M | |||
| Short Ratio | 1.60 X | |||
| Earnings Per Share | 0.88 X | |||
| Price To Earnings To Growth | 1.08 X | |||
| Number Of Employees | 12 K | |||
| Market Capitalization | 540.48 M | |||
| Total Asset | 531.79 M | |||
| Retained Earnings | (44.38 M) | |||
| Working Capital | 25.6 M | |||
| Current Asset | 139.58 M | |||
| Current Liabilities | 113.98 M | |||
| One Year Return | 31.00 % |
About VictoryShares WestEnd Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares WestEnd Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares WestEnd using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares WestEnd Sector based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of VictoryShares WestEnd is measured differently than its book value, which is the value of VictoryShares that is recorded on the company's balance sheet. Investors also form their own opinion of VictoryShares WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VictoryShares WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VictoryShares WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.