Virtus Reaves Utilities Etf Working Capital
| UTES Etf | USD 65.70 0.04 0.06% |
Virtus Reaves Utilities fundamentals help investors to digest information that contributes to Virtus Reaves' financial success or failures. It also enables traders to predict the movement of Virtus Etf. The fundamental analysis module provides a way to measure Virtus Reaves' 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 Virtus Reaves etf.
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Virtus Reaves Utilities ETF Working Capital Analysis
Virtus Reaves' 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 |
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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As per the company's disclosures, Virtus Reaves Utilities has a Working Capital of 0.0. This indicator is about the same for the Virtus average (which is currently at 0.0) family and about the same as Utilities (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Virtus Reaves
The fund invests 99.3% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Virtus Reaves' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Virtus Fundamentals
| Price To Earning | 19.36 X | |||
| Price To Book | 1.84 X | |||
| Price To Sales | 1.55 X | |||
| Number Of Employees | 391 | |||
| Beta | 0.82 | |||
| Total Asset | 43.18 M | |||
| One Year Return | 45.00 % | |||
| Three Year Return | 14.60 % | |||
| Five Year Return | 12.60 % | |||
| Net Asset | 43.18 M | |||
| Last Dividend Paid | 0.21 | |||
| Equity Positions Weight | 99.30 % |
About Virtus Reaves Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtus Reaves Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus Reaves using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus Reaves Utilities 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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Check out Virtus Reaves Piotroski F Score and Virtus Reaves Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Virtus Reaves Utilities is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Reaves' value that differs from its market value or its book value, called intrinsic value, which is Virtus Reaves' 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 Virtus Reaves' market value can be influenced by many factors that don't directly affect Virtus Reaves' 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 Virtus Reaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Reaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Reaves' 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.