USCF ETF Trust - USCF Gold Strategy Plus Income Fund's EBIT is $290M, above the sector sector average of $-63M.
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+ FollowAs of Dec 31, 2018
Trailing 12 months ending Dec 31, 2018
USCF ETF Trust - USCF Gold Strategy Plus Income Fund posts a EBIT of $290M as of December 2018. That compares with $400M in the prior-year period — down 25.8% year over year. That is above the sector sector average of $-63M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, USCF ETF Trust - USCF Gold Strategy Plus Income Fund's EBIT was $400M. The latest reading is $290M — a 25.8% year-over-year decrease (period ending December 2018). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a EBIT near $-63M is typical. USCF ETF Trust - USCF Gold Strategy Plus Income Fund's $290M is higher that level. That is roughly 568.2% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
EBIT is one piece of USCF ETF Trust - USCF Gold Strategy Plus Income Fund's financial statement story. At $290M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.
Context for GLDX's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-63M), and (3) consistency with growth and profitability. This page covers the first two; USCF ETF Trust - USCF Gold Strategy Plus Income Fund's other metric pages and overview cover the third.