Graniteshares 15x Long Etf Net Income
| NVDL Etf | USD 76.09 5.33 6.55% |
GraniteShares 15x Long fundamentals help investors to digest information that contributes to GraniteShares 15x's financial success or failures. It also enables traders to predict the movement of GraniteShares Etf. The fundamental analysis module provides a way to measure GraniteShares 15x'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 GraniteShares 15x etf.
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GraniteShares 15x Long ETF Net Income Analysis
GraniteShares 15x's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current GraniteShares 15x Net Income | (1.2 M) |
Most of GraniteShares 15x's fundamental indicators, such as Net Income, 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, GraniteShares 15x Long is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, GraniteShares 15x Long reported net income of (1.2 Million). This is much lower than that of the family and significantly lower than that of the Trading--Leveraged Equity category. The net income for all United States etfs is notably higher than that of the company.
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GraniteShares Fundamentals
| Return On Asset | -0.0142 | |||
| Profit Margin | (143.37) % | |||
| Operating Margin | (207.29) % | |||
| Current Valuation | 16.79 M | |||
| Shares Outstanding | 134.42 M | |||
| Shares Owned By Insiders | 27.10 % | |||
| Shares Owned By Institutions | 0.20 % | |||
| Number Of Shares Shorted | 11.3 K | |||
| Price To Earning | (0.91) X | |||
| Price To Book | (3.12) X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 837 K | |||
| Gross Profit | 2.83 M | |||
| Net Income | (1.2 M) | |||
| Cash And Equivalents | 61 K | |||
| Debt To Equity | (1.38) % | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (0.06) X | |||
| Cash Flow From Operations | (3.28 M) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 1.1 M | |||
| Total Asset | 2.22 M | |||
| Retained Earnings | (85.43 M) | |||
| Working Capital | (2.38 M) | |||
| Current Asset | 1.99 M | |||
| Current Liabilities | 4.37 M | |||
| One Year Return | 416.40 % |
About GraniteShares 15x Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GraniteShares 15x Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GraniteShares 15x using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GraniteShares 15x Long 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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Try AI Portfolio ArchitectCheck out GraniteShares 15x Piotroski F Score and GraniteShares 15x Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of GraniteShares 15x Long is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares 15x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 15x'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 GraniteShares 15x's market value can be influenced by many factors that don't directly affect GraniteShares 15x'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 GraniteShares 15x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 15x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 15x'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.