United States Commodity Index Funds Trust (CPER) Financial Analysis and Rating

Comparison Analysis Based on SEC Data

Company Name United States Commodity Index Funds Trust
Industry (SIC) 6221 - Commodity Contracts Brokers and Dealers
Analyzed report 12/31/2016 (filed 3/10/2017)

Year:
20162017

Financial Position and Performance
Annual | Quarterly

Compared with 2016 industry ratios Change during the year

better
improved
Compared with all listed companies

much better

Compare with a competitor

Financial Ratios Benchmarking

Financial Ratio Comparison of company ratios for 2016
with industry ratios
(62 - Security And Commodity Brokers, Dealers, Exchanges, And Services) 		with all listed companies
Solvency Ratios
Debt ratio 
0.01
0.12
0.01
0.65
Debt-to-equity ratio 
0.01
0.13
0.01
0.75
Profitability Ratios
Profit margin 
167.8%
14.5%
167.8%
1.9%
ROE (Return on equity), after tax 
-2.6%
5.1%
-2.6%
-2.5%
ROA (Return on assets) 
-2.6%
0.9%
-2.6%
0.2%
Activity Ratios
Asset turnover (days) 
-23347
1431
-23347
636
Receivables turnover (days) 
-5
30
-5
48
Resulting score +1,0 +1,3

Year:
20162017

Additional Ratios (not used in score calculation)

Financial Ratio Comparison of company ratios for 2016
with industry ratios
(62 - Security And Commodity Brokers, Dealers, Exchanges, And Services) 		with all listed companies
Profitability Ratios
Gross margin 
152.5%
90.4%
152.5%
41%

Auditor's Conclusion

We have performed a comparative analysis of the balance sheet and income statement of United States Commodity Index Funds Trust (hereafter – the "Company") for the year 2016 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Commodity Contracts Brokers and Dealers" (SIC code 6221). In our analysis, we compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the Company's specific industry sector and for all companies. The averages were calculated using data from 2016 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have reached an overall conclusion about the quality of the Company's financial condition. All calculations and conclusions were performed using software and methodologies developed by ReadyRatios.

Based on our analysis of the Company's key financial ratios, we have determined the following. The financial condition of United States Commodity Index Funds Trust in 2016 is better than the typical financial condition of companies in the "Commodity Contracts Brokers and Dealers" industry.

Because the industry average ratios for this type of business are higher than the non-industry-specific ratios, the Company shows a better result when compared to all businesses. The financial position of United States Commodity Index Funds Trust is much better than that of most listed companies that file financial statements with the U.S. Securities and Exchange Commission.

Financial Position and Performance History


More on United States Commodity Index Funds Trust

Closest Competitors

Company USD ($), in Millions
Revenue Assets
MILLBURN MULTI-MARKETS FUND L.P. 103
Teucrium Commodity Trust 205
World Gold Trust 25,290
VanEck Bitcoin ETF 1,389

See all industry leaders

Financial Data Source and Analysis Principles

The above is a comparative analysis of the company's financial position and performance. The comparison is based on official financial statements filed with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) (about 10,000 largest publicly traded companies). The comparison is made using the eleven key financial ratios (see the table above). The company's financial ratios are compared with the median of the ratios for all companies and for companies in the same industry, as well as to the quartiles of these ratios. Each ratio value is assigned a score between -2 and +2 depending on its position relative to the quartiles (-2 – below the first quartile; -1 – between the first and the second quartile; +1 – between the second and the third quartile; +2 – above the third quartile; 0 – the ratio value deviates from the median by no more than 5% of the difference between the median and the quartile closest to the ratio value). To draw a conclusion from the analysis, the individual scores are weighted