Zkb Gold Etf Working Capital
ZGLDEU Etf | EUR 2,352 10.00 0.42% |
ZKB Gold ETF fundamentals help investors to digest information that contributes to ZKB Gold's financial success or failures. It also enables traders to predict the movement of ZKB Etf. The fundamental analysis module provides a way to measure ZKB Gold'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 ZKB Gold etf.
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ZKB Gold ETF ETF Working Capital Analysis
ZKB Gold'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 |
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, ZKB Gold ETF has a Working Capital of 0.0. This indicator is about the same for the Swisscanto Fondsleitung AG average (which is currently at 0.0) family and about the same as Working Capital (which currently averages 0.0) category. This indicator is about the same for all Switzerland etfs average (which is currently at 0.0).
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ZKB Fundamentals
One Year Return | 3.96 % | |||
Three Year Return | 1.83 % | |||
Five Year Return | 3.90 % | |||
Ten Year Return | 4.93 % | |||
Net Asset | 4.54 B |
About ZKB Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZKB Gold ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZKB Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZKB Gold ETF 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.Other Information on Investing in ZKB Etf
ZKB Gold financial ratios help investors to determine whether ZKB Etf 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 ZKB with respect to the benefits of owning ZKB Gold security.