Principal Quality Etf Total Debt
| PSET Etf | USD 72.66 0.39 0.54% |
Principal Quality ETF fundamentals help investors to digest information that contributes to Principal Quality's financial success or failures. It also enables traders to predict the movement of Principal Etf. The fundamental analysis module provides a way to measure Principal Quality'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 Principal Quality etf.
Principal |
Principal Quality ETF ETF Total Debt Analysis
Principal Quality's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Principal Quality ETF has a Total Debt of 0.0. This indicator is about the same for the Principal Funds average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Principal Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Principal Quality's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Principal Quality could also be used in its relative valuation, which is a method of valuing Principal Quality by comparing valuation metrics of similar companies.Principal Quality is currently under evaluation in total debt as compared to similar ETFs.
Fund Asset Allocation for Principal Quality
The fund invests 99.76% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Principal Quality'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.
Principal Fundamentals
| Price To Earning | 20.66 X | |||
| Price To Book | 4.38 X | |||
| Price To Sales | 1.98 X | |||
| Number Of Employees | 414 | |||
| Beta | 1.03 | |||
| Total Asset | 31.33 M | |||
| One Year Return | 26.40 % | |||
| Three Year Return | 8.70 % | |||
| Five Year Return | 14.00 % | |||
| Net Asset | 31.33 M | |||
| Last Dividend Paid | 0.11 | |||
| Equity Positions Weight | 99.76 % |
About Principal Quality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Principal Quality ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Principal Quality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Principal Quality ETF 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Principal Quality Piotroski F Score and Principal Quality Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Principal Quality ETF is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Quality's value that differs from its market value or its book value, called intrinsic value, which is Principal Quality'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 Principal Quality's market value can be influenced by many factors that don't directly affect Principal Quality'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 Principal Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Quality'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.