Global X Proptech Etf Working Capital
| PTEC Etf | 36.25 0.04 0.11% |
Global X PropTech fundamentals help investors to digest information that contributes to Global X's financial success or failures. It also enables traders to predict the movement of Global Etf. The fundamental analysis module provides a way to measure Global X'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 Global X etf.
Global |
Global X PropTech ETF Working Capital Analysis
Global X'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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Global X Working Capital | 10.85 M |
Most of Global X's fundamental indicators, such as Working Capital, 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, Global X PropTech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the company's disclosures, Global X PropTech has a Working Capital of 10.85 M. This is much higher than that of the family and significantly higher than that of the Miscellaneous Sector category. The working capital for all United States etfs is notably lower than that of the firm.
Global Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global X's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics of similar companies.Global X is currently under evaluation in working capital as compared to similar ETFs.
Global Fundamentals
| Return On Equity | -2.02 | |||
| Return On Asset | -0.01 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 108.87 M | |||
| Shares Outstanding | 30.08 M | |||
| Price To Earning | (1.46) X | |||
| Price To Book | 4.47 X | |||
| Price To Sales | 1.62 X | |||
| Revenue | 67.7 M | |||
| Gross Profit | 43.24 M | |||
| EBITDA | (66.08 M) | |||
| Net Income | (75.27 M) | |||
| Cash And Equivalents | 35.06 M | |||
| Cash Per Share | (0.50) X | |||
| Total Debt | 638 K | |||
| Debt To Equity | 1.86 % | |||
| Current Ratio | 1.33 X | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | (12.88 M) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 127.78 M | |||
| Total Asset | 81.54 M | |||
| Retained Earnings | (137.06 M) | |||
| Working Capital | 10.85 M | |||
| Current Asset | 43.76 M | |||
| Current Liabilities | 32.91 M | |||
| One Year Return | 36.50 % |
About Global X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global X PropTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X PropTech 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Global X PropTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Proptech Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Proptech Etf:Check out Global X Piotroski F Score and Global X Altman Z Score analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Global X PropTech is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.