Anz Sp 500 Etf Current Ratio
ZYUS Etf | 16.20 0.08 0.49% |
ANZ SP 500 fundamentals help investors to digest information that contributes to ANZ SP's financial success or failures. It also enables traders to predict the movement of ANZ Etf. The fundamental analysis module provides a way to measure ANZ SP'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 ANZ SP etf.
ANZ |
ANZ SP 500 ETF Current Ratio Analysis
ANZ SP'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, ANZ SP 500 has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity North America (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
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ANZ Fundamentals
Beta | 0.54 | |||
One Year Return | 29.20 % | |||
Three Year Return | 9.70 % | |||
Five Year Return | 6.90 % |
About ANZ SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ANZ SP 500's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ANZ SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ANZ SP 500 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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Other Information on Investing in ANZ Etf
ANZ SP financial ratios help investors to determine whether ANZ Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ANZ with respect to the benefits of owning ANZ SP security.