Encore Energy Corp Etf Current Ratio
| EU Etf | USD 3.27 0.11 3.25% |
enCore Energy Corp fundamentals help investors to digest information that contributes to EnCore Energy's financial success or failures. It also enables traders to predict the movement of EnCore Etf. The fundamental analysis module provides a way to measure EnCore Energy'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 EnCore Energy etf.
EnCore |
enCore Energy Corp ETF Current Ratio Analysis
EnCore Energy'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).
| Competition |
In accordance with the recently published financial statements, enCore Energy Corp has a Current Ratio of 0.0 times. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) family and about the same as Energy (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
EnCore Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EnCore Energy's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of EnCore Energy could also be used in its relative valuation, which is a method of valuing EnCore Energy by comparing valuation metrics of similar companies.EnCore Energy is currently under evaluation in current ratio as compared to similar ETFs.
Fund Asset Allocation for EnCore Energy
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides EnCore Energy'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.
EnCore Fundamentals
| Return On Equity | -0.0692 | ||||
| Return On Asset | -0.0648 | ||||
| Profit Margin | (0.58) % | ||||
| Operating Margin | (1.68) % | ||||
| Current Valuation | 564.67 M | ||||
| Shares Outstanding | 185.35 M | ||||
| Shares Owned By Insiders | 2.12 % | ||||
| Shares Owned By Institutions | 44.62 % | ||||
| Number Of Shares Shorted | 4.7 M | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 16.97 X | ||||
| EBITDA | (33.03 M) | ||||
| Net Income | (22.39 M) | ||||
| Total Debt | 19.71 M | ||||
| Book Value Per Share | 1.74 X | ||||
| Cash Flow From Operations | 22.32 M | ||||
| Short Ratio | 6.71 X | ||||
| Earnings Per Share | (0.28) X | ||||
| Target Price | 6.6 | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 606.08 M | ||||
| Total Asset | 324.57 M | ||||
| Retained Earnings | (71.25 M) | ||||
| Working Capital | 19.05 M | ||||
| Year To Date Return | (5.08) % | ||||
| One Year Return | (5.65) % | ||||
| Three Year Return | 0.29 % | ||||
| Net Asset | 324.57 M | ||||
| Bond Positions Weight | 100.00 % |
About EnCore Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze enCore Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnCore Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of enCore Energy Corp 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
Other Information on Investing in EnCore Etf
EnCore Energy financial ratios help investors to determine whether EnCore 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 EnCore with respect to the benefits of owning EnCore Energy security.