USCF ETF Trust - USCF Energy Commodity Strategy Absolute Return Fund's net income is $200M, above the sector sector average of $97M.
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+ FollowAs of Dec 2018
Trailing 12 months ending Dec 2018
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USCF ETF Trust - USCF Energy Commodity Strategy Absolute Return Fund posts a net income of $200M as of December 2018. That compares with $88M in the prior-year period — up 122.7% year over year. That is above the sector sector average of $97M. 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 Energy Commodity Strategy Absolute Return Fund's net income was $88M. The latest reading is $200M — a 122.7% year-over-year increase (period ending December 2018). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a net income near $97M is typical. USCF ETF Trust - USCF Energy Commodity Strategy Absolute Return Fund's $200M is higher that level. That is roughly 102.0% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Net Income is one piece of USCF ETF Trust - USCF Energy Commodity Strategy Absolute Return Fund's financial statement story. At $200M, 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 USE's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $97M), and (3) consistency with growth and profitability. This page covers the first two; USCF ETF Trust - USCF Energy Commodity Strategy Absolute Return Fund's other metric pages and overview cover the third.