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In the News

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JBBB offers a strong and growing 7.1% yield, making it an attractive income investment option. JBBB has low interest rate risk and below-average credit risk, providing a good risk-return profile for investors. The fund compares favorably to its peers in terms of yield, credit risk, and interest rate risk, making it a solid buy.

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This ETF Eliminates the Guessing Game With Fed Rate Increases
Bets on whether the U.S. Federal Reserve will continue to raise interest rates or not in 2023 are coming in as a challenging 2022 comes to a close. Investors don't have to play the guessing game with rate hikes by padding their portfolios with exchange traded funds (ETFs) that can address potential increases.

Interest rate ETF ‘behaves like you're shorting treasury' markets: Expert
ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss ETF performance in 2022 and why there's strong demand for small-cap ETFs.

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.