Economic Investment Trust Stock Today

EVT Stock  CAD 146.00  1.50  1.04%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Economic Investment is selling at 146.00 as of the 17th of July 2024; that is 1.04 percent increase since the beginning of the trading day. The stock's open price was 144.5. Economic Investment has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Economic Investment Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of May 2024 and ending today, the 17th of July 2024. Click here to learn more.
Business Domain
Energy
Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. Economic Investment Trust Limited was formed in January 28, 1927 and is domiciled in Canada. ECONOMIC INVESTMENT is traded on Toronto Stock Exchange in Canada.. The company has 5.62 M outstanding shares. More on Economic Investment Trust

Moving together with Economic Stock

  0.67ENB-PFV Enbridge Pref 5PairCorr
  0.76ENB-PFU Enbridge Pref LPairCorr
  0.72ENS-PA E Split CorpPairCorr

Economic Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Economic Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Economic Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, CEO and PresDuncan Jackman
Thematic Ideas
(View all Themes)
Business ConcentrationOil, Gas & Consumable Fuels, Energy, Diversified Assets, Investing, Energy, Oil, Gas & Consumable Fuels, Capital Markets, Financial (View all Sectors)
Economic Investment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Economic Investment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Economic Investment can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Economic Investment's financial leverage. It provides some insight into what part of Economic Investment's total assets is financed by creditors.
Liquidity
Economic Investment cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Economic Investment Trust has accumulated 90.38 M in total debt. Economic Investment Trust has a current ratio of 25.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Economic Investment until it has trouble settling it off, either with new capital or with free cash flow. So, Economic Investment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Economic Investment Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Economic to invest in growth at high rates of return. When we think about Economic Investment's use of debt, we should always consider it together with cash and equity.

Change To Netincome

90.52 Million
Economic Investment Trust (EVT) is traded on Toronto Exchange in Canada and employs 2 people. Economic Investment is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 791.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Economic Investment's market, we take the total number of its shares issued and multiply it by Economic Investment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Economic Investment Trust operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 5.62 M outstanding shares. Economic Investment Trust has accumulated about 12.83 M in cash with 23.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.61.
Check Economic Investment Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Economic Investment Trust is C$791.85 Million. Economic Investment Trust shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 79.68 percent of Economic Investment Trust outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Economic Ownership Details

Economic Investment Trust Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Economic Investment market risk premium is the additional return an investor will receive from holding Economic Investment long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Economic Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Economic Investment's alpha and beta are two of the key measurements used to evaluate Economic Investment's performance over the market, the standard measures of volatility play an important role as well.

Economic Stock Against Markets

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Other Information on Investing in Economic Stock

Economic Investment financial ratios help investors to determine whether Economic Stock 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 Economic with respect to the benefits of owning Economic Investment security.