Simplify Volt Tsla Etf Current Ratio
| TESL Etf | 21.80 1.01 4.43% |
Fundamental analysis of Simplify Volt allows traders to better anticipate movements in Simplify Volt's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Simplify Volt TSLA ETF Current Ratio Analysis
Simplify Volt's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
In accordance with the recently published financial statements, Simplify Volt TSLA has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Current Ratio (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Simplify Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simplify Volt's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Simplify Volt could also be used in its relative valuation, which is a method of valuing Simplify Volt by comparing valuation metrics of similar companies.Simplify Volt is currently under evaluation in current ratio as compared to similar ETFs.
About Simplify Volt Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Simplify Volt TSLA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simplify Volt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simplify Volt TSLA 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 Simplify Volt TSLA is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Volt's value that differs from its market value or its book value, called intrinsic value, which is Simplify Volt'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 Simplify Volt's market value can be influenced by many factors that don't directly affect Simplify Volt'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 Simplify Volt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Volt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Volt'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.