Swp Growth Income Etf Debt To Equity
| SWP Etf | USD 26.31 0.10 0.38% |
SWP Growth Income fundamentals help investors to digest information that contributes to SWP Growth's financial success or failures. It also enables traders to predict the movement of SWP Etf. The fundamental analysis module provides a way to measure SWP Growth'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 SWP Growth etf.
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SWP Growth Income ETF Debt To Equity Analysis
SWP Growth's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current SWP Growth Debt To Equity | 50.20 % |
Most of SWP Growth's fundamental indicators, such as Debt To Equity, 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, SWP Growth Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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SWP Growth Debt To Equity Component Assessment
According to the company disclosure, SWP Growth Income has a Debt To Equity of 50%. This is 33.55% lower than that of the Industrials family and 32.73% higher than that of the Tools & Accessories category. The debt to equity for all United States etfs is 3.08% lower than that of the firm.
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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SWP Fundamentals
| Return On Equity | 13.13 | |||
| Return On Asset | 5.3 | |||
| Profit Margin | 7.66 % | |||
| Operating Margin | 12.40 % | |||
| Shares Outstanding | 153.15 M | |||
| Shares Owned By Institutions | 5.73 % | |||
| Price To Earning | 11.75 X | |||
| Price To Book | 2.02 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 13.1 B | |||
| Gross Profit | 4.78 B | |||
| EBITDA | 2.11 B | |||
| Net Income | 1000 M | |||
| Cash And Equivalents | 408 M | |||
| Cash Per Share | 2.64 X | |||
| Total Debt | 4.25 B | |||
| Debt To Equity | 50.20 % | |||
| Current Ratio | 1.06 X | |||
| Book Value Per Share | 49.83 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | 6.55 X | |||
| Number Of Employees | 57.77 K | |||
| Beta | 0.97 | |||
| Market Capitalization | 11.79 B | |||
| Z Score | 1.2 | |||
| Last Dividend Paid | 1.34 |
About SWP Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SWP Growth Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SWP Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SWP Growth Income 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.
Pair Trading with SWP Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SWP Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SWP Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with SWP Etf
| 0.78 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against SWP Etf
| 0.73 | EMC | Global X Funds | PairCorr |
| 0.59 | INTL | Main International ETF | PairCorr |
| 0.56 | VXX | iPath Series B Potential Growth | PairCorr |
| 0.5 | IDGT | iShares Trust Symbol Change | PairCorr |
| 0.47 | IDU | iShares Utilities ETF | PairCorr |
The ability to find closely correlated positions to SWP Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SWP Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SWP Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SWP Growth Income to buy it.
The correlation of SWP Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SWP Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SWP Growth Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SWP Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out SWP Growth Piotroski F Score and SWP Growth Altman Z Score analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SWP Growth Income is measured differently than its book value, which is the value of SWP that is recorded on the company's balance sheet. Investors also form their own opinion of SWP Growth's value that differs from its market value or its book value, called intrinsic value, which is SWP Growth'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 SWP Growth's market value can be influenced by many factors that don't directly affect SWP Growth'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 SWP Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if SWP Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWP Growth'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.