Elkhorn Etf Current Asset
| XM Etf | USD 18.14 0.00 0.00% |
Elkhorn fundamentals help investors to digest information that contributes to Elkhorn's financial success or failures. It also enables traders to predict the movement of Elkhorn Etf. The fundamental analysis module provides a way to measure Elkhorn'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 Elkhorn etf.
Elkhorn |
Elkhorn ETF Current Asset Analysis
Elkhorn's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionIn accordance with the recently published financial statements, Elkhorn has a Current Asset of 0.0. This indicator is about the same for the Software average (which is currently at 0.0) family and about the same as Information Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Elkhorn Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elkhorn's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Elkhorn could also be used in its relative valuation, which is a method of valuing Elkhorn by comparing valuation metrics of similar companies.Elkhorn is currently under evaluation in current asset as compared to similar ETFs.
Fund Asset Allocation for Elkhorn
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Elkhorn's 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.
Elkhorn Fundamentals
| Return On Equity | -0.53 | |||
| Return On Asset | -0.19 | |||
| Profit Margin | (0.67) % | |||
| Operating Margin | (0.66) % | |||
| Current Valuation | 10.47 B | |||
| Shares Outstanding | 183.16 M | |||
| Shares Owned By Insiders | 11.30 % | |||
| Shares Owned By Institutions | 69.85 % | |||
| Number Of Shares Shorted | 3.38 M | |||
| Price To Book | 3.22 X | |||
| Price To Sales | 4.38 X | |||
| Revenue | 1.46 B | |||
| Gross Profit | 1.03 B | |||
| EBITDA | (951.43 M) | |||
| Net Income | (1.06 B) | |||
| Cash And Equivalents | 731.72 M | |||
| Cash Per Share | 1.24 X | |||
| Total Debt | 278.18 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 1.35 X | |||
| Book Value Per Share | 3.13 X | |||
| Cash Flow From Operations | 17.9 M | |||
| Short Ratio | 1.00 X | |||
| Earnings Per Share | (1.74) X | |||
| Price To Earnings To Growth | 3.88 X | |||
| Target Price | 18.05 | |||
| Number Of Employees | 5.3 K | |||
| Beta | 1.73 | |||
| Market Capitalization | 11 B | |||
| Total Asset | 3.4 B | |||
| Retained Earnings | (3.52 B) | |||
| Working Capital | 232.38 M | |||
| Z Score | 21.86 | |||
| Net Asset | 3.4 B | |||
| Equity Positions Weight | 100.00 % |
About Elkhorn Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elkhorn's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elkhorn using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elkhorn 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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The market value of Elkhorn is measured differently than its book value, which is the value of Elkhorn that is recorded on the company's balance sheet. Investors also form their own opinion of Elkhorn's value that differs from its market value or its book value, called intrinsic value, which is Elkhorn'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 Elkhorn's market value can be influenced by many factors that don't directly affect Elkhorn'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 Elkhorn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elkhorn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elkhorn'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.