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Global X Interest Rate Hedge ETF [RATE] Stock Forecast
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Global X Changes Ticker Symbol for Interest Rate Hedge ETF to RATE
Global X has changed the ticker symbol for its Global X Interest Rate Hedge ETF (NYSE Arca: IRHG) from IRHG to RATE. The fund still trades on the New York Stock Exchange.
RATE Financial details
RATE Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2016-12-31
| Metric | History | 2012-12-31 | 2013-12-31 | 2014-12-31 | 2015-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 4.57 | 4.57 | 5.43 | 3.79 | 4.87 | |
| Net income per share | 0.29 | -0.1 | 0.05 | -0.14 | -0.38 | |
| Operating cash flow per share | 0.77 | 1.05 | 0.42 | 0.94 | 0.89 | |
| Free cash flow per share | 0.64 | 0.94 | 0.32 | 0.83 | 0.77 | |
| Cash per share | 0.84 | 2.3 | 1.41 | 2.43 | 1.98 | |
| Book value per share | 8.28 | 8.38 | 8.2 | 7.8 | 7.73 | |
| Tangible book value per share | -1.57 | -1.23 | -1.56 | -0.12 | -1.15 | |
| Share holders equity per share | 8.28 | 8.38 | 8.2 | 7.8 | 7.73 | |
| Interest debt per share | 2.26 | 3.46 | 3.31 | 3.43 | 3.61 | |
| Market cap | 1.24B | 1.8B | 1.25B | 1.3B | 985.45M | |
| Enterprise value | 1.36B | 1.89B | 1.42B | 1.37B | 1.11B | |
| P/E ratio | 42.44 | -179.56 | 241.29 | -97.3 | -28.87 | |
| Price to sales ratio | 2.72 | 3.93 | 2.29 | 3.5 | 2.27 | |
| POCF ratio | 16.11 | 17.06 | 29.36 | 14.15 | 12.36 | |
| PFCF ratio | 19.56 | 19.06 | 39.18 | 16.08 | 14.43 | |
| P/B Ratio | 1.5 | 2.14 | 1.52 | 1.71 | 1.43 | |
| PTB ratio | 1.5 | 2.14 | 1.52 | 1.71 | 1.43 | |
| EV to sales | 2.98 | 4.13 | 2.6 | 3.71 | 2.56 | |
| Enterprise value over EBITDA | 11.54 | 26.14 | 15 | 15.86 | 28.8 | |
| EV to operating cash flow | 17.62 | 17.92 | 33.35 | 14.98 | 13.93 | |
| EV to free cash flow | 21.39 | 20.03 | 44.5 | 17.02 | 16.27 | |
| Earnings yield | 0.02 | -0.01 | 0 | -0.01 | -0.03 | |
| Free cash flow yield | 0.05 | 0.05 | 0.03 | 0.06 | 0.07 | |
| Debt to equity | 0.4 | 0.55 | 0.53 | 0.49 | 0.57 | |
| Debt to assets | 0.29 | 0.35 | 0.35 | 0.33 | 0.36 | |
| Net debt to EBITDA | 0.99 | 1.27 | 1.79 | 0.88 | 3.26 | |
| Current ratio | 3.01 | 3.7 | 3.2 | 5.37 | 5.03 | |
| Interest coverage | 2.33 | 1.07 | 1.66 | 2.25 | -0.31 | |
| Income quality | 2.63 | -10.53 | 8.22 | -6.87 | -2.34 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.08 | 0.12 | 0.08 | 0.12 | 0.14 | |
| Research and developement to revenue | 0 | 0.04 | 0.05 | 0.06 | 0.07 | |
| Intangibles to total assets | 0.85 | 0.74 | 0.78 | 0.68 | 0.73 | |
| Capex to operating cash flow | -0.18 | -0.11 | -0.25 | -0.12 | -0.14 | |
| Capex to revenue | -0.03 | -0.02 | -0.02 | -0.03 | -0.03 | |
| Capex to depreciation | -0.25 | -0.18 | -0.18 | -0.16 | -0.26 | |
| Stock based compensation to revenue | 0.02 | 0.04 | 0.03 | 0.05 | 0.04 | |
| Graham number | 7.39 | 4.34 | 3.08 | 4.9 | 8.16 | |
| ROIC | 0.05 | 0.02 | 0.02 | 0.05 | -0.01 | |
| Return on tangible assets | 0.17 | -0.03 | 0.02 | -0.04 | -0.12 | |
| Graham Net | -2.09 | -1.81 | -2.44 | -0.95 | -2 | |
| Working capital | 102.53M | 225.46M | 176.21M | 261.87M | 217.09M | |
| Tangible asset value | -156.75M | -123.22M | -157.07M | -12.11M | -102.55M | |
| Net current asset value | -178.36M | -148.93M | -183.87M | -49.77M | -123.55M | |
| Invested capital | 0.24 | 0.38 | 0.38 | 0.41 | 0.44 | |
| Average receivables | 56.57M | 57.28M | 66.41M | 63.51M | 54.18M | |
| Average payables | 8.9M | 7.69M | 7.6M | 9.06M | 10.64M | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 41.99 | 49.44 | 47.47 | 55.31 | 43.89 | |
| Days payables outstanding | 20.52 | 17.27 | 9.12 | 21.42 | 17.95 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 8.69 | 7.38 | 7.69 | 6.6 | 8.32 | |
| Payables turnover | 17.79 | 21.13 | 40.02 | 17.04 | 20.33 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0.04 | -0.01 | 0.01 | -0.02 | -0.05 | |
| Capex per share | -0.14 | -0.11 | -0.11 | -0.11 | -0.13 |
Quarterly Fundamentals Overview
Last date of statement is 2017-06-30 for Q2
| Metric | History | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 |
|---|---|---|---|---|---|---|
| Revenue per share | 1.09 | 1.44 | 1.27 | 1.34 | 1.31 | |
| Net income per share | -0.45 | 0.12 | -0.05 | -0.06 | -0.26 | |
| Operating cash flow per share | 0.12 | 0.22 | 0.48 | 0.21 | 0.1 | |
| Free cash flow per share | 0.1 | 0.15 | 0.44 | 0.17 | 0.07 | |
| Cash per share | 1.35 | 1.52 | 1.98 | 2.08 | 2.13 | |
| Book value per share | 7.45 | 7.69 | 7.73 | 7.77 | 7.6 | |
| Tangible book value per share | -1.7 | -1.39 | -1.15 | -1.1 | -1.15 | |
| Share holders equity per share | 7.45 | 7.69 | 7.73 | 7.77 | 7.6 | |
| Interest debt per share | 3.6 | 3.43 | 3.44 | 3.99 | 4.28 | |
| Market cap | 676.71M | 759.78M | 985.45M | 851.72M | 1.14B | |
| Enterprise value | 875.63M | 926.26M | 1.11B | 1.02B | 1.32B | |
| P/E ratio | -4.13 | 17.78 | -59.42 | -40.58 | -12.21 | |
| Price to sales ratio | 6.87 | 5.9 | 8.68 | 7.18 | 9.81 | |
| POCF ratio | 62.68 | 38.88 | 23.17 | 46.62 | 133.25 | |
| PFCF ratio | 71.59 | 55.06 | 25.02 | 57.97 | 175.15 | |
| P/B Ratio | 1 | 1.1 | 1.43 | 1.24 | 1.69 | |
| PTB ratio | 1 | 1.1 | 1.43 | 1.24 | 1.69 | |
| EV to sales | 8.89 | 7.19 | 9.78 | 8.56 | 11.4 | |
| Enterprise value over EBITDA | -27.65 | 26.77 | 67.21 | 123.79 | -92.07 | |
| EV to operating cash flow | 81.11 | 47.39 | 26.12 | 55.57 | 154.94 | |
| EV to free cash flow | 92.63 | 67.12 | 28.2 | 69.11 | 203.65 | |
| Earnings yield | -0.06 | 0.01 | 0 | -0.01 | -0.02 | |
| Free cash flow yield | 0.01 | 0.02 | 0.04 | 0.02 | 0.01 | |
| Debt to equity | 0.61 | 0.59 | 0.57 | 0.58 | 0.64 | |
| Debt to assets | 0.38 | 0.37 | 0.36 | 0.37 | 0.39 | |
| Net debt to EBITDA | -6.28 | 4.81 | 7.59 | 19.95 | -12.89 | |
| Current ratio | 3.02 | 4.29 | 5.03 | 3.15 | 2.39 | |
| Interest coverage | -8.86 | 4.76 | 1.07 | -0.65 | -4.75 | |
| Income quality | -0.26 | 1.83 | -10.26 | -3.48 | -0.37 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.16 | 0.16 | 0.13 | 0.14 | 0.16 | |
| Research and developement to revenue | 0.08 | 0.06 | 0.06 | 0.07 | 0.08 | |
| Intangibles to total assets | 0.76 | 0.74 | 0.73 | 0.72 | 0.7 | |
| Capex to operating cash flow | -0.12 | -0.29 | -0.07 | -0.2 | -0.24 | |
| Capex to revenue | -0.01 | -0.04 | -0.03 | -0.03 | -0.02 | |
| Capex to depreciation | -0.11 | -0.5 | -0.28 | -0.32 | -0.18 | |
| Stock based compensation to revenue | 0.05 | 0.04 | 0.04 | 0.05 | 0.06 | |
| Graham number | 8.71 | 4.54 | 2.84 | 3.22 | 6.71 | |
| ROIC | -0.04 | 0.02 | -0.09 | 0 | -0.03 | |
| Return on tangible assets | -0.16 | 0.04 | -0.01 | -0.02 | -0.07 | |
| Graham Net | -2.73 | -2.41 | -2 | -2.01 | -2.15 | |
| Working capital | 143.61M | 176.59M | 217.09M | 190.56M | 170.61M | |
| Tangible asset value | -153.5M | -124.29M | -102.55M | -97.3M | -101.46M | |
| Net current asset value | -198.94M | -174.44M | -123.55M | -119.81M | -135.29M | |
| Invested capital | 0.48 | 0.44 | 0.44 | 0.51 | 0.56 | |
| Average receivables | 57.03M | 65.04M | 61.62M | 51.44M | 58.69M | |
| Average payables | 3.4M | 8.3M | 11.18M | 12.73M | 11.78M | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 53.96 | 49.63 | 41.37 | 38.44 | 51.79 | |
| Days payables outstanding | 9.29 | 15.46 | 16.09 | 20.33 | 12.98 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 1.67 | 1.81 | 2.18 | 2.34 | 1.74 | |
| Payables turnover | 9.69 | 5.82 | 5.59 | 4.43 | 6.93 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | -0.06 | 0.02 | -0.01 | -0.01 | -0.03 | |
| Capex per share | -0.01 | -0.06 | -0.04 | -0.04 | -0.02 |
RATE Frequently Asked Questions
What is Global X Interest Rate Hedge ETF stock symbol ?
Global X Interest Rate Hedge ETF is a US stock and trading under the symbol RATE
What is Global X Interest Rate Hedge ETF stock quote today ?
Global X Interest Rate Hedge ETF stock price is $24.64 today.
Is Global X Interest Rate Hedge ETF stock public?
Yes, Global X Interest Rate Hedge ETF is a publicly traded company.
Company Profile
- Volume Average 323
- Headquarters US
- IPO Date 2011-06-17
The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options (“swaptions”). The fund is non-diversified.
