Characteristics explored in the analysis include the log of the fund's average total
net asset ratio, the fund's average expense ratio, and a dummy variable for a front - end load.
A company with a high return on
net assets ratio, profit margin, or asset turnover relative to its industry median tends to have greater mean reversion in these measures.
Not exact matches
Finally, the
ratio of
net income to total
assets is a strong indicator of whether the company is getting a favorable rate of return on
assets.
At Fiji, Robbins offered some insight into what Jones» daily email updates look like, saying, «he sends me a checklist of what we measure, everything from his NAV [
net asset value] to his [portfolio] weights, what's happening in his body, to his focus, to
ratios of risk - reward that we're measuring, and then he does a narrative for me.»
Expense
ratio A mutual fund's annual operating expenses, expressed as a percentage of the fund's average
net assets.
Operating Earnings Yield (ttm): 7.2 (11/15 points)
Net Income (ttm): $ 293 M Gross Profit (ttm): $ 868 M Total
Assets: $ 3518 M Gross Profitability
Ratio = Gross Profit / Total
Assets: 25 % (8/18 points) Cash Return On Invested Capital (CROIC)(ttm): 12 % Return on Invested Capital (ROIC): 13 %
After accounting for the use of hedging derivatives, the FCE survey indicates that the overall
net foreign currency
asset position of other financial corporations was equivalent to 16 per cent of GDP, with a hedging
ratio of around 35 per cent for foreign currency
assets and 60 per cent for foreign currency liabilities (Table 1).
They also examine how AHFSR interacts with ten widely used stock return predictors: book - to - market
ratio; gross profitability; operating profit; momentum; market capitalization;
asset growth; investment growth;
net stock issuance; accruals; and,
net operating
assets.
The Calvert fund has roughly $ 44 million in
assets; the fund has a
net expense
ratio of 1.76 percent.
There are two simple
ratios using accruals not often reported or put on financial websites but they do explain the state of quality of earnings, they are calculated by using two different approaches Balance sheet approach Calculate Accruals which is difference between beginning and ending NOA (
Net operating
assets) Here, NOA =
Net operating
assets = -LCB-(Total
assets — cash and equivalents and investments)--(Total...
Fixed
Asset Turnover = Sales /
Net Fixed
Assets (Fixed Assets — Accumulated Depreciation) this ratio provides an idea of how effectively your Fixed assets are contributing to opera
Assets (Fixed
Assets — Accumulated Depreciation) this ratio provides an idea of how effectively your Fixed assets are contributing to opera
Assets — Accumulated Depreciation) this
ratio provides an idea of how effectively your Fixed
assets are contributing to opera
assets are contributing to operations.
Price to
Net Asset Value per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per sha
Net Asset Value per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per s
Asset Value per share
ratio is calculated as the previous day's closing share price divided by
net tangible asset value (NTAV) per sha
net tangible
asset value (NTAV) per s
asset value (NTAV) per share.
Most value stocks have low price - to - earnings (P / E)
ratios, high dividend yields, low price - to - cash - flow
ratios, and stocks with a market value (generally, the stock price) that is lower than the book value (how much the company's
net assets are worth).
The more that a company can get out of its
net assets, the higher its price to book
ratio should be.
However, in the November 2014 report, the debt - to - GDP
ratio was forecast to fall from 21.5 % in 2021 - 22 to a
net asset position of 22.4 % of GDP in 2050 - 51.
The gearing
ratio, or
net debt as a proportion of
net debt plus
net assets, stood at 19.9 percent.
His TD: INT
ratio was over 3:1 his first season and 2:1 this past season, so he's a
net asset despite the ball security issue.
However, in addition to reported expense
ratios, investors should also take into account trading costs, including bid / ask spreads and premium / discount to the
net asset value (NAV) of each ETFs.
As each fund passes its fiscal year - end, the annual expense
ratio is calculated by dividing the fund's operational expenses by its average
net assets.
Low - cost: Mutual fund expenses are expressed as an expense
ratio, which represents the fund's annual operating expenses expressed as a percentage of average
net assets.
Trading costs are not paid out of the management expense
ratio of the mutual fund, but instead securities trading costs directly reduce the reported investment fund performance and
net asset value of the fund's securities portfolio.
Expense
ratio: In a mutual fund, the
ratio between the operating expenses for the year and the total average
net asset value.
Naked option NASD NASDAQ National Association of Securities Dealers National exchanges National Market System National Medallion Signature Guarantee National Securities Clearing Cooperation (NSCC) National securities exchange NAV Negotiable Negotiated market Negotiated underwriting
Net Asset Value
Net capital
Net capital
ratio Net interest cost
Net investment income
Net revenue pledge
Net proceeds
Net worth New issue Nine - bond rule NMS No - load fund Nominal quote Nominal yield Non-cumulative Nonparticipating preferred stock Nonrecourse loan Non-systematic risk Non-tax-qualified annuity Notice of public offering Notice of sale NYSE NYSE Composite Index
Consider especially slide 32, where the weak dollar combined with strong overseas equity markets flattens out the
net foreign
assets to GDP
ratio at near -20 %.
Expense
ratio represents the annual fund operating expenses of a scheme, expressed as apercentage of the fund's daily
net assets.
P / B
ratio is an indication of how much shareholders are paying for the
net assets of a company.
CapEx / Sales
Ratio Formula: -LCB-
Net property, plant and equipment (Ending)--
Net property, plant and equipment (Beginning) +
Net intangible
assets (Ending)--
Net intangible
assets (Beginning) + Depreciation and amortization for the Year -RCB- ÷ Total sales revenue for the year.
A good Score (i.e., value of 1) is assigned if the current
ratio exceeds two, or
net current
assets exceed long - term debt, or 10 - year history of positive earnings, or 10 - year history of returning cash to shareholders or EPS are at least a third higher than they were 10 years ago.
Dividend Payout
Ratio (ttm): 50 % Cash Dividend Payout
Ratio: 45 % (8/12 points)
Net Financial Debt: $ -1265 M Total
Assets: $ 22552 M
Net Financial Debt / Total
Assets: -6 % (11/12 points)
Net Financial Debt to EBITDA (ttm): 81 % Piotroski Score (1 - 9)(TTM): (2/9 points)
Dividend Payout
Ratio (ttm): -79 % Cash Dividend Payout
Ratio (ttm): 81 % (4/12 points)
Net Financial Debt: $ -12557 M Total
Assets: $ 64351 M
Net Financial Debt / Total
Assets: -20 % (12/12 points)
Net Financial Debt to EBITDA (ttm): 431 % Piotroski Score (1 - 9)(TTM): (3/9 points)
Operating Earnings Yield (ttm): 5.2 % (5/15 points)
Net Income (ttm): $ -4169 M Gross Profit (ttm): $ 12348 M Total
Assets: $ 64351 M Gross Profitability
Ratio = GP / Total
Assets: 19 % (6/18 points) Cash Return On Invested Capital (CROIC)(tttm): 9 % Return on Invested Capital (ROIC): -9 %
Metrics considered in evaluating the strength of a mutual fund's price momentum include the weighted average price - earnings to growth (PEG)
ratio of the fund's portfolio holdings, or the percentage year over year increase in the fund's
net asset value (NAV).
Operating Earnings Yield (ttm): 5.0 % (5/15 points)
Net Income (ttm): $ 5309 M Gross Profit (ttm): $ 21176 M Total
Assets: $ 70786 M Gross Profitability
Ratio = Gross Profit / Total
Assets: 30 % (8/18 points) Cash Return On Invested Capital (CROIC)(tttm): 22 % Return on Invested Capital (ROIC): 12 %
The Fund buys at the time the near - term outlook is poor provided the company is well capitalized, if our analysis indicates that the common shares are available at a low price earnings
ratio relative to long - term future earning power and / or are selling at a substantial discount from an adjusted, and measurable,
net asset value.
¹ The before reimbursement expense
ratio (which includes acquired fund fees and expenses (AFFE), if any) represents the total annual operating expenses, before reductions of any expenses paid indirectly as reported in the Fund's most current prospectus and is calculated as a percentage of average
net assets (ANA).
It is the
ratio of total annual expenses to the fund's average
net assets.
RIT publishes a monthly factsheet, highlighting the company's
net asset value, information on the portfolio, expenses
ratio (ongoing charges) and performance.
Net Financial Debt / Total
Assets Piotroski F - Score CFO Dividend Coverage
Ratio FCF Dividend Coverage
Ratio
The
ratio he used to identify these companies was
Net Current
Asset Value or NCAV.
The other important safety factor is the company's fortress - like balance sheet, courtesy of its strong current
ratio (short - term
assets / short - term liabilities), modest
net debt position, and free cash flow that comfortably covers the dividend nearly twice over.
The Partners and Small - Cap Funds» expense
ratios are subject to a fee waiver to the extent a Fund's normal annual operating expenses exceed 1.5 % of average annual
net assets.
«the
ratio between the
net operating income produced by an
asset and its capital cost (the original price paid to buy the
asset) or alternatively its current market value.»
These anomalies are: financial distress; O - score (probability of bankruptcy);
net stock issuance; composite stock issuance; total accruals;
net operating
assets; momentum; gross profitability;
asset growth; return on
assets; and, investment - to -
assets ratio.
The Longleaf International Fund's expense
ratio is subject to a fee waiver to the extent the Fund's normal annual operating expenses exceed 1.75 % of average annual
net assets.
The second major protective factor is the company's fortress - like balance, specifically one marked by an enormous
net cash position (enough to fund the dividend for 18 years), and one of the highest current
ratios (short - term
assets / short - term liabilities) in the industry, indicating the company has no problems servicing its debt or liabilities.
A
Net Financial Debt to Total
Assets Ratio in excess of 50 % would be a warning sign of too much leverage.
The Arbor Investment Planner's Dividend Analyzer awards
Net Financial Debt / Total
Assets Ratio 12 points (out of 100) to our scoring formula.
Dreyfus Municipal Income, Inc. (DMF) From Forbes / Lehmann Income Securities Investor Dreyfus Municipal Income, Inc., Current Indicated Yield 5.57 %; Exchange NYSE; Discount from
Net Asset Value -0.62 %; Pay Cycle Monthly; Expense
Ratio 1.23 %; Leverage CUSIP... Read More
Putnam Managed Municipal Income Trust (PMM) From Forbes / Lehmann Income Securities Investor Putnam Managed Municipal Income Trust, Current Indicated Yield 5.89 %; Exchange NYSE; Discount from
Net Asset Value -8.54 %; Pay Cycle Monthly; Expense
Ratio 0.85 %; 24.17 %;... Read More
BlackRock Science and Technology Trust (BST) From Forbes / Lehmann Income Securities Investor BlackRock Science and Technology Trust; Discount from
Net Asset Value -13.44 %; Pay Cycle Monthly; Total Expense
Ratio 0.97; Leverage 0.17 %; Family Closed - End CUSIP... Read More