Putnam Premier Income Etf Cash And Equivalents
| PPT Etf | USD 3.68 0.01 0.27% |
Putnam Premier Income fundamentals help investors to digest information that contributes to Putnam Premier's financial success or failures. It also enables traders to predict the movement of Putnam Etf. The fundamental analysis module provides a way to measure Putnam Premier'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 Putnam Premier etf.
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Putnam Premier Income ETF Cash And Equivalents Analysis
Putnam Premier's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Putnam Premier Cash And Equivalents | 304.97 K |
Most of Putnam Premier's fundamental indicators, such as Cash And Equivalents, 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, Putnam Premier Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Putnam Premier Income has 304.97 K in Cash And Equivalents. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The cash and equivalents for all United States etfs is notably lower than that of the firm.
Putnam Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam Premier's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Putnam Premier could also be used in its relative valuation, which is a method of valuing Putnam Premier by comparing valuation metrics of similar companies.Putnam Premier is currently under evaluation in cash and equivalents as compared to similar ETFs.
Putnam Fundamentals
| Return On Equity | 0.0868 | ||||
| Return On Asset | 0.0237 | ||||
| Profit Margin | 1.20 % | ||||
| Operating Margin | 0.88 % | ||||
| Current Valuation | 353.99 M | ||||
| Shares Outstanding | 96.27 M | ||||
| Shares Owned By Institutions | 45.10 % | ||||
| Number Of Shares Shorted | 29.48 K | ||||
| Price To Earning | 23.53 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 13.24 X | ||||
| Revenue | 1.86 M | ||||
| Gross Profit | 26.08 M | ||||
| EBITDA | 955.71 K | ||||
| Net Income | 955.71 K | ||||
| Cash And Equivalents | 304.97 K | ||||
| Total Debt | 264.46 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 0.44 X | ||||
| Book Value Per Share | 3.85 X | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | 0.20 X | ||||
| Beta | 0.37 | ||||
| Market Capitalization | 354.27 M | ||||
| Total Asset | 696.45 M | ||||
| Retained Earnings | (255.3 M) | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 7.50 % | ||||
| Net Asset | 696.45 M |
About Putnam Premier Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Putnam Premier Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Premier using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Premier Income 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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Other Information on Investing in Putnam Etf
Putnam Premier financial ratios help investors to determine whether Putnam Etf 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 Putnam with respect to the benefits of owning Putnam Premier security.