Ero Copper Corp Etf Total Asset
| ERO Etf | USD 23.13 0.35 1.54% |
Ero Copper Corp fundamentals help investors to digest information that contributes to Ero Copper's financial success or failures. It also enables traders to predict the movement of Ero Etf. The fundamental analysis module provides a way to measure Ero Copper'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 Ero Copper etf.
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Ero Copper Corp ETF Total Asset Analysis
Ero Copper's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Ero Copper Total Asset | 1.51 B |
Most of Ero Copper's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ero Copper Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ero Total Asset Historical Pattern
Today, most investors in Ero Copper Etf are looking for potential investment opportunities by analyzing not only static indicators but also various Ero Copper's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ero Copper total asset as a starting point in their analysis.
Ero Copper Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Ero Copper Corp has a Total Asset of 1.51 B. This is much higher than that of the Metals & Mining family and significantly higher than that of the Materials category. The total asset for all United States etfs is notably lower than that of the firm.
Ero Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ero Copper's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Ero Copper could also be used in its relative valuation, which is a method of valuing Ero Copper by comparing valuation metrics of similar companies.Ero Copper is currently under evaluation in total asset as compared to similar ETFs.
Ero Copper Institutional Holders
Institutional Holdings refers to the ownership stake in Ero Copper that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ero Copper's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ero Copper's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | Amundi | 2023-12-31 | 1.1 M | Montrusco Bolton Investments Inc | 2023-12-31 | 845.6 K | Fiera Capital Corporation | 2023-12-31 | 785.1 K | Bank Of Montreal | 2023-12-31 | 606.8 K | Bmo Capital Markets Corp. | 2023-12-31 | 606.8 K | Td Asset Management Inc | 2023-12-31 | 595.3 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 510 K | 1832 Asset Management L.p | 2023-12-31 | 439.5 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 14.9 M | Fmr Inc | 2023-12-31 | 11.8 M |
Ero Fundamentals
| Return On Equity | 0.0921 | ||||
| Return On Asset | 0.038 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 2.82 B | ||||
| Shares Outstanding | 102.99 M | ||||
| Shares Owned By Insiders | 10.93 % | ||||
| Shares Owned By Institutions | 76.28 % | ||||
| Number Of Shares Shorted | 1.62 M | ||||
| Price To Earning | 5.76 X | ||||
| Price To Book | 2.63 X | ||||
| Price To Sales | 4.99 X | ||||
| Revenue | 427.48 M | ||||
| Gross Profit | 187.18 M | ||||
| EBITDA | 173.54 M | ||||
| Net Income | 94.3 M | ||||
| Cash And Equivalents | 119.05 M | ||||
| Cash Per Share | 1.33 X | ||||
| Total Debt | 445.84 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 7.53 X | ||||
| Cash Flow From Operations | 163.1 M | ||||
| Short Ratio | 3.58 X | ||||
| Earnings Per Share | 0.66 X | ||||
| Number Of Employees | 3.37 K | ||||
| Beta | 2.12 | ||||
| Market Capitalization | 2.39 B | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 549.53 M | ||||
| Working Capital | 25.69 M | ||||
| One Year Return | 9.19 % | ||||
| Three Year Return | 2.40 % | ||||
| Five Year Return | (2.08) % | ||||
| Ten Year Return | (2.85) % | ||||
| Net Asset | 1.51 B |
About Ero Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ero Copper Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ero Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ero Copper Corp 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 Ero Copper Corp is measured differently than its book value, which is the value of Ero that is recorded on the company's balance sheet. Investors also form their own opinion of Ero Copper's value that differs from its market value or its book value, called intrinsic value, which is Ero Copper'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 Ero Copper's market value can be influenced by many factors that don't directly affect Ero Copper'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 Ero Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ero Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ero Copper'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.