Asset Breakdown
2.9 B
Assets Non Current
2.8 B
Goodwill
Current Assets
| Total Assets | 3.18 Billion | |
| Current Assets | 319.18 Million | |
| Assets Non Current | 2.86 Billion | |
| Goodwill | 2.79 Billion | |
| Tax Assets | 9.13 Million |
Should I exit my IHS Markit (NYSE:INFO) holdings?
 | By Vlad Skutelnik | Macroaxis Story |
IHS Markit is scheduled to announce its earnings today. The next earnings report is expected on the 12th of January 2021. IHS Markit Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 16.69. Debt to Equity Ratio is expected to rise to 0.52 this year, although the value of Average Assets will most likely fall to about 17.8 B. While many traders are getting carried away by overanalyzing industrials space, it is reasonable to outline IHS Markit as an investment alternative.
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Reviewed by Raphi Shpitalnik
The company currently holds 5.78 B in liabilities with Debt to Equity (D/E) ratio of 0.71, which is about average as compared to similar companies. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. IHS Markit has an asset utilization ratio of 31.14 percent. This suggests that the company is making $0.31 for each dollar of assets. An increasing asset utilization means that IHS Markit is more efficient with each dollar of assets it utilizes for everyday operations. Harbor ETF financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Harbor ETF, including all of Harbor ETF's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Harbor ETF assets, the company is considered highly leveraged. Understanding the composition and structure of overall Harbor ETF debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
How important is Harbor ETF's Liquidity
Harbor ETF financial leverage refers to using borrowed capital as a funding source to finance Harbor ETF Trust ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Harbor ETF financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Harbor ETF's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Harbor ETF's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Harbor ETF's total debt and its cash.
What is driving Harbor ETF Investor Appetite?
IHS Markit reported the previous year's revenue of 4.34 B. Net Income was 799.9 M with profit before overhead, payroll, taxes, and interest of 2.76 B.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Harbor ETF Trust. Please refer to our Terms of Use for any information regarding our disclosure principles.