Invesco Dividend Achievers Etf Current Ratio
PFM Etf | USD 47.29 0.46 0.98% |
Invesco Dividend Achievers fundamentals help investors to digest information that contributes to Invesco Dividend's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco Dividend'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 Invesco Dividend etf.
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Invesco Dividend Achievers ETF Current Ratio Analysis
Invesco Dividend's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Invesco Dividend Achievers has a Current Ratio of 0.0 times. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Large Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Invesco Dividend
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Invesco Dividend'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.
Invesco Fundamentals
Return On Equity | 2.0 | |||
Return On Asset | 0.0236 | |||
Profit Margin | 0.0001 % | |||
Shares Outstanding | 12.95 M | |||
Price To Earning | 4.98 X | |||
Price To Book | 1.08 X | |||
Price To Sales | 1.60 X | |||
Revenue | 7.65 M | |||
Net Income | 6.09 M | |||
Short Ratio | 0.03 X | |||
Earnings Per Share | 1.79 X | |||
Beta | 0.81 | |||
Market Capitalization | 394.78 M | |||
Total Asset | 628.11 M | |||
One Year Return | 25.00 % | |||
Three Year Return | 8.60 % | |||
Five Year Return | 11.50 % | |||
Ten Year Return | 10.20 % | |||
Net Asset | 628.11 M | |||
Last Dividend Paid | 0.17 | |||
Equity Positions Weight | 99.94 % |
About Invesco Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Dividend Achievers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Dividend Achievers 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 Invesco Dividend Ach is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Dividend's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dividend'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 Invesco Dividend's market value can be influenced by many factors that don't directly affect Invesco Dividend'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 Invesco Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dividend'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.