First Trust Exchange Traded Etf Return On Equity
| XIDE Etf | 30.19 0.01 0.03% |
First Trust Exchange Traded fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Etf. The fundamental analysis module provides a way to measure First Trust'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 First Trust etf.
First |
First Trust Exchange Traded ETF Return On Equity Analysis
First Trust's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, First Trust Exchange Traded has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Return On Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Fundamentals Comparison Now
Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities |
| All Next | Launch Module |
First Fundamentals
| Return On Asset | 0.54 | |||
| Profit Margin | (7.52) % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 690.74 M | |||
| Shares Outstanding | 79.25 M | |||
| Shares Owned By Insiders | 2.67 % | |||
| Shares Owned By Institutions | 73.80 % | |||
| Number Of Shares Shorted | 13.77 M | |||
| Price To Earning | 6.97 X | |||
| Price To Book | 0.11 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 2.97 B | |||
| Gross Profit | 484.83 M | |||
| EBITDA | 98.32 M | |||
| Net Income | (223.4 M) | |||
| Cash And Equivalents | 104.29 M | |||
| Cash Per Share | 1.32 X | |||
| Total Debt | 776.01 M | |||
| Debt To Equity | 5.04 % | |||
| Current Ratio | 1.41 X | |||
| Cash Flow From Operations | 28.02 M | |||
| Short Ratio | 4.90 X | |||
| Earnings Per Share | (2.89) X | |||
| Price To Earnings To Growth | (0.10) X | |||
| Number Of Employees | 9.99 K | |||
| Beta | 2.26 | |||
| Market Capitalization | 13.48 M | |||
| Total Asset | 2.15 B | |||
| Retained Earnings | (851.73 M) | |||
| Working Capital | 363.7 M | |||
| Current Asset | 1.22 B | |||
| Current Liabilities | 854.92 M |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Exchange Traded's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust Exchange Traded 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Trust's short interest history, or implied volatility extrapolated from First Trust options trading.
Also Currently Popular
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 First Trust Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:Check out First Trust Piotroski F Score and First Trust Altman Z Score analysis. Note that the First Trust Exchange information on this page should be used as a complementary analysis to other First Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of First Trust Exchange is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust'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 First Trust's market value can be influenced by many factors that don't directly affect First Trust'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 First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.