Spdr Ssga My2027 Etf Cash And Equivalents

MYCG Etf   24.70  0.01  0.04%   
SPDR SSGA My2027 fundamentals help investors to digest information that contributes to SPDR SSGA's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR SSGA'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 SPDR SSGA etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SPDR SSGA My2027 ETF Cash And Equivalents Analysis

SPDR SSGA's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current SPDR SSGA Cash And Equivalents

    
  5.44 K  
Most of SPDR SSGA's fundamental indicators, such as Cash And Equivalents, 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, SPDR SSGA My2027 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition
In accordance with the recently published financial statements, SPDR SSGA My2027 has 5.44 K in Cash And Equivalents. This is much higher than that of the family and significantly higher than that of the Target Maturity category. The cash and equivalents for all United States etfs is notably lower than that of the firm.

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SPDR Fundamentals

About SPDR SSGA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SPDR SSGA My2027's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SSGA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SSGA My2027 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.

Currently Active Assets on Macroaxis

When determining whether SPDR SSGA My2027 is a strong investment it is important to analyze SPDR SSGA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SSGA's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out SPDR SSGA Piotroski F Score and SPDR SSGA Altman Z Score analysis.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR SSGA My2027 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA'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 SPDR SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA'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 SPDR SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA'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.