Proshares Metaverse Etf Total Debt
VERS Etf | USD 46.86 1.27 2.79% |
ProShares Metaverse ETF fundamentals help investors to digest information that contributes to ProShares Metaverse's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares Metaverse'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 ProShares Metaverse etf.
ProShares |
ProShares Metaverse ETF ETF Total Debt Analysis
ProShares Metaverse'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.
Current ProShares Metaverse Total Debt | 27.58 M |
Most of ProShares Metaverse's fundamental indicators, such as Total Debt, 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, ProShares Metaverse ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, ProShares Metaverse ETF has a Total Debt of 27.58 M. This is much higher than that of the ProShares family and significantly higher than that of the Technology category. The total debt for all United States etfs is notably lower than that of the firm.
ProShares Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Metaverse'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 ProShares Metaverse could also be used in its relative valuation, which is a method of valuing ProShares Metaverse by comparing valuation metrics of similar companies.ProShares Metaverse is currently under evaluation in total debt as compared to similar ETFs.
Fund Asset Allocation for ProShares Metaverse
The fund invests 99.92% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides ProShares Metaverse'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.
ProShares Fundamentals
Return On Equity | -80.67 | |||
Return On Asset | -23.93 | |||
Current Valuation | 33.97 M | |||
Shares Outstanding | 151.56 M | |||
Shares Owned By Insiders | 73.78 % | |||
Shares Owned By Institutions | 3.59 % | |||
Price To Book | 0.24 X | |||
EBITDA | (22.36 M) | |||
Net Income | (24 M) | |||
Cash And Equivalents | 2.26 M | |||
Cash Per Share | 0.01 X | |||
Total Debt | 27.58 M | |||
Debt To Equity | 115.00 % | |||
Current Ratio | 0.47 X | |||
Book Value Per Share | 0.13 X | |||
Cash Flow From Operations | (18.49 M) | |||
Earnings Per Share | (0.16) X | |||
Market Capitalization | 4.85 M | |||
Total Asset | 5.66 M | |||
One Year Return | 20.40 % | |||
Net Asset | 5.66 M | |||
Equity Positions Weight | 99.92 % |
About ProShares Metaverse Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Metaverse ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Metaverse using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Metaverse 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.
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Check out ProShares Metaverse Piotroski F Score and ProShares Metaverse Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of ProShares Metaverse ETF is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Metaverse's value that differs from its market value or its book value, called intrinsic value, which is ProShares Metaverse'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 ProShares Metaverse's market value can be influenced by many factors that don't directly affect ProShares Metaverse'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 ProShares Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Metaverse'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.