First Trust High Stock Working Capital
FTHY Stock | USD 14.84 0.11 0.75% |
First Trust High fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Trust'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 First Trust stock.
Last Reported | Projected for Next Year | ||
Change In Working Capital | 649.7 K | 682.2 K |
First | Working Capital |
First Trust High Company Working Capital Analysis
First Trust's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
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Working Capital | = | Current Assets | - | Current Liabilities |
First Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for First Trust is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Working Capital. Since First Trust's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Trust's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Trust's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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First Net Invested Capital
Net Invested Capital |
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According to the company's disclosures, First Trust High has a Working Capital of 0.0. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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First Fundamentals
Shares Outstanding | 36.77 M | |||
Shares Owned By Insiders | 5.70 % | |||
Shares Owned By Institutions | 48.76 % | |||
Number Of Shares Shorted | 10.27 K | |||
Price To Earning | 27.08 X | |||
Price To Book | 0.97 X | |||
Price To Sales | 9.92 X | |||
Total Debt | 131 M | |||
Short Ratio | 0.12 X | |||
Earnings Per Share | 1.47 X | |||
Market Capitalization | 545.71 M | |||
Total Asset | 703.21 M | |||
Retained Earnings | (127.42 M) | |||
Annual Yield | 0.12 % | |||
Net Asset | 703.21 M |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust High based on its fundamental data. In general, a quantitative approach, as applied to this company, 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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When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.