Pace Mortgage Backed Securities Fund Current Ratio

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).

In accordance with the recently published financial statements, Pace Mortgage Backed Securities has a Current Ratio of 0.0 times. This indicator is about the same for the UBS Asset Management average (which is currently at 0.0) family and about the same as Intermediate Core Bond (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

The Macroaxis Fundamental Analysis modules help investors analyze Pace Mortgage Backed Securities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pace Mortgage-backed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pace Mortgage Backed Securities based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.

Pace Mortgage-backed financial ratios help investors to determine whether Pace Mutual Fund 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 Pace with respect to the benefits of owning Pace Mortgage-backed security.