Dbx Etf Trust Etf Current Ratio
| SNPD Etf | 27.54 0.08 0.29% |
DBX ETF Trust fundamentals help investors to digest information that contributes to DBX ETF's financial success or failures. It also enables traders to predict the movement of DBX Etf. The fundamental analysis module provides a way to measure DBX ETF'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 DBX ETF etf.
DBX |
DBX ETF Trust ETF Current Ratio Analysis
DBX ETF'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.
Current DBX ETF Current Ratio | 0.01 X |
Most of DBX ETF's fundamental indicators, such as Current Ratio, 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, DBX ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, DBX ETF Trust has a Current Ratio of 0.01 times. This is much higher than that of the family and significantly higher than that of the Mid-Cap Value category. The current ratio for all United States etfs is notably lower than that of the firm.
DBX Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DBX ETF'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 DBX ETF could also be used in its relative valuation, which is a method of valuing DBX ETF by comparing valuation metrics of similar companies.DBX ETF is currently under evaluation in current ratio as compared to similar ETFs.
DBX Fundamentals
| Return On Asset | -113.52 | |||
| Profit Margin | (50.83) % | |||
| Current Valuation | 5.7 M | |||
| Shares Outstanding | 111.11 M | |||
| Price To Sales | 110.89 X | |||
| Revenue | 51.1 K | |||
| Gross Profit | (207.26 K) | |||
| EBITDA | (930.99 K) | |||
| Net Income | (1.68 M) | |||
| Cash And Equivalents | 11.98 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 152.55 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | 315.9 K | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 5.67 M | |||
| Total Asset | 29 K | |||
| Retained Earnings | (4.18 M) | |||
| Working Capital | (3.32 M) | |||
| Current Asset | 28 K | |||
| Current Liabilities | 3.35 M | |||
| One Year Return | 16.80 % |
About DBX ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DBX ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DBX ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DBX ETF Trust 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 DBX ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DBX ETF'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 Dbx Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Dbx Etf Trust Etf:Check out DBX ETF Piotroski F Score and DBX ETF Altman Z Score analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of DBX ETF Trust is measured differently than its book value, which is the value of DBX that is recorded on the company's balance sheet. Investors also form their own opinion of DBX ETF's value that differs from its market value or its book value, called intrinsic value, which is DBX ETF'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 DBX ETF's market value can be influenced by many factors that don't directly affect DBX ETF'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 DBX ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBX ETF'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.