What is Simplify Managed Futures Strategy ETF's earnings per share (EPS)?

Simplify Managed Futures Strategy ETF (CTA) reported diluted earnings per share of $2.85 for fiscal year 2016. This represents a 36.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Simplify Managed Futures Strategy ETF (CTA) Financials

CTA

FY2016 annual

Revenue $24.6B -2.1% YoY

Net Income $2.5B +28.7% YoY

EPS (Diluted) $2.85 +36.4% YoY

Free Cash Flow $2.3B +232.0% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2019, ended Mar 31, 2019 Reported May 8, 2019 Currency USD FYE December

Simplify Managed Futures Strategy ETF (CTA) reported $24.6B in revenue for fiscal year 2016, down 2.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score not available

Simplify Managed Futures Strategy ETF does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Strong

8/9

Simplify Managed Futures Strategy ETF passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.31x

For every $1 of reported earnings, Simplify Managed Futures Strategy ETF generates $1.31 in operating cash flow ($3.3B OCF vs $2.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$6.3B

YoY-6.1%

Simplify Managed Futures Strategy ETF generated $6.3B in revenue in Q1 2019. This represents a decrease of 6.1% from the same quarter a year earlier.

Net Income

$85.0M

YoY+137.3%

Simplify Managed Futures Strategy ETF reported $85.0M in net income in Q1 2019. This represents an increase of 137.3% from the same quarter a year earlier.

EBITDA

Not reported for Q1 2019.

EPS (Diluted)

Not reported for Q1 2019.

Cash & Balance Sheet

Free Cash Flow

-$2.0B

YoY+12.1%

Simplify Managed Futures Strategy ETF recorded an outflow of $2.0B in free cash flow in Q1 2019, representing a cash shortfall after capex. This represents an increase of 12.1% from the same quarter a year earlier.

Cash & Debt

$3.8B

YoY-25.5%

QoQ-15.0%

5Y CAGR-15.7%

10Y CAGR+0.4%

Simplify Managed Futures Strategy ETF held $3.8B in cash against $6.3B in long-term debt as of Q1 2019.

Shares Outstanding

100

YoY0.0%

QoQ0.0%

5Y CAGR-96.0%

Simplify Managed Futures Strategy ETF had 100 shares outstanding in Q1 2019. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q1 2019.

Margins & Returns

Gross Margin

32.6%

YoY+5.0pp

Simplify Managed Futures Strategy ETF's gross margin was 32.6% in Q1 2019, indicating the percentage of revenue retained after direct costs. This is up 5.0 percentage points from the same quarter a year earlier.

Net Margin

1.4%

YoY+4.8pp

Simplify Managed Futures Strategy ETF's net profit margin was 1.4% in Q1 2019, showing the share of revenue converted to profit. This is up 4.8 percentage points from the same quarter a year earlier.

Return on Equity

0.1%

YoY+0.4pp

Simplify Managed Futures Strategy ETF's ROE was 0.1% in Q1 2019, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier.

Operating Margin

Not reported for Q1 2019.

Capital Allocation

R&D Spending

$355.0M

YoY-7.1%

Simplify Managed Futures Strategy ETF invested $355.0M in research and development in Q1 2019. This represents a decrease of 7.1% from the same quarter a year earlier.

Capital Expenditures

$625.0M

YoY+76.1%

Simplify Managed Futures Strategy ETF invested $625.0M in capex in Q1 2019, funding long-term assets and infrastructure. This represents an increase of 76.1% from the same quarter a year earlier.

Share Buybacks

Not reported for Q1 2019.

CTA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CTA quarterly income statement

Metric	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08
Revenue	$24.6B-2.1%	$25.1B-11.5%	$28.4B-2.0%	$29.0B-16.7%	$34.8B+3.4%	$33.7B+21.6%	$27.7B+6.1%	$26.1B-14.5%	$30.5B
Cost of Revenue	$14.5B-4.3%	$15.1B-11.2%	$17.0B-3.5%	$17.6B-17.6%	$21.4B+0.6%	$21.3B	N/A	N/A	N/A
Gross Profit	$10.1B+1.1%	$10.0B-12.0%	$11.4B+0.2%	$11.4B-15.3%	$13.4B+8.0%	$12.4B	N/A	N/A	N/A
R&D Expenses	$1.6B-13.5%	$1.9B-3.1%	$2.0B-3.9%	$2.0B-4.1%	$2.1B+8.3%	$2.0B+22.3%	$1.6B+16.3%	$1.4B-1.1%	$1.4B
SG&A Expenses	$4.3B-6.4%	$4.6B-5.6%	$4.9B-8.4%	$5.3B-9.2%	$5.9B+77.8%	$3.3B+13.7%	$2.9B-15.3%	$3.4B-4.3%	$3.6B
Operating Income	N/A	N/A	$6.4B+18.4%	$5.4B0.0%	$5.4B-8.7%	$5.9B+27.5%	$4.6B+38.1%	$3.3B	N/A
EBITDA	N/A	N/A	$8.0B+14.4%	$7.0B-1.6%	$7.1B-4.8%	$7.4B+24.2%	$6.0B+23.7%	$4.8B	N/A
Interest Expense	$370.0M+8.2%	$342.0M-9.3%	$377.0M-15.8%	$448.0M-3.4%	$464.0M+3.8%	$447.0M-24.2%	$590.0M+44.6%	$408.0M+8.5%	$376.0M
Income Tax	$744.0M+6.9%	$696.0M-40.4%	$1.2B+224.4%	$360.0M-41.6%	$616.0M-4.8%	$647.0M+25.6%	$515.0M+24.1%	$415.0M+8.9%	$381.0M
Net Income	$2.5B+28.7%	$2.0B-46.1%	$3.6B-25.2%	$4.8B+76.0%	$2.8B-22.6%	$3.6B+17.4%	$3.0B+72.7%	$1.8B-12.6%	$2.0B
EPS (Basic)	$2.86+36.2%	$2.10-38.6%	$3.42+44.9%	$2.36-9.6%	$2.61-23.9%	$3.43+14.7%	$2.99	N/A	N/A
EPS (Diluted)	$2.85+36.4%	$2.09-38.3%	$3.39	$2.34	$2.59-23.4%	$3.38+15.0%	$2.94	N/A	N/A
Diluted Shares (Avg)	877M-2.5%	900M-2.4%	922M	933M	942M+0.1%	941M+2.1%	922M+1.4%	909M+0.1%	907M

Metric	Q1'19	Q4'18	Q3'18	Q2'18	Q1'18	Q4'17	Q2'17	Q1'17
Revenue	$6.3B-6.1%	N/A	N/A	N/A	$6.7B-13.5%	N/A	$7.4B+5.1%	$7.7B+4.6%
Cost of Revenue	$4.2B-12.6%	N/A	N/A	N/A	$4.8B+10.9%	N/A	$4.2B+5.1%	$4.4B+3.0%
Gross Profit	$2.1B+10.9%	N/A	N/A	N/A	$1.9B-45.1%	N/A	$3.2B+5.2%	$3.4B+6.6%
R&D Expenses	$355.0M-7.1%	N/A	N/A	N/A	$382.0M-8.2%	N/A	$441.0M+2.1%	$416.0M-0.5%
SG&A Expenses	$970.0M+1.1%	N/A	N/A	N/A	$959.0M-23.9%	N/A	$1.3B+11.3%	$1.3B+11.7%
Interest Expense	$56.0M-30.0%	N/A	N/A	N/A	$80.0M-4.8%	N/A	$99.0M+6.5%	$84.0M-8.7%
Income Tax	-$40.0M-248.1%	N/A	N/A	N/A	$27.0M-87.9%	N/A	$128.0M-58.2%	$224.0M-44.8%
Net Income	$85.0M+137.3%	N/A	N/A	N/A	-$228.0M-120.5%	N/A	$862.0M-15.5%	$1.1B-9.2%
EPS (Basic)	N/A	N/A	N/A	N/A	N/A	N/A	$0.98-16.2%	$1.53+9.3%
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	$0.97-16.4%	$1.52+9.4%
Diluted Shares (Avg)	N/A	N/A	N/A	N/A	N/A	N/A	873M-0.7%	871M-0.7%

Not reported in any period shown, so not listed: Operating Income, EBITDA.

CTA Balance Sheet

CTA quarterly balance sheet

Metric	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08
Total Assets	$40.0B-2.9%	$41.2B-18.5%	$50.5B-3.2%	$52.1B+4.6%	$49.9B+2.5%	$48.6B+20.4%	$40.4B+5.8%	$38.2B+5.5%	$36.2B
Current Assets	$17.1B-1.6%	$17.4B-33.3%	$26.1B+7.0%	$24.4B+14.4%	$21.3B+18.0%	$18.1B-5.3%	$19.1B+10.2%	$17.3B+12.9%	$15.3B
Cash & Equivalents	$4.6B-13.1%	$5.3B-23.3%	$6.9B-22.7%	$8.9B+108.7%	$4.3B+19.5%	$3.6B-15.9%	$4.3B+6.0%	$4.0B+10.3%	$3.6B
Inventory	$5.7B-7.6%	$6.1B-9.5%	$6.8B-15.6%	$8.0B+6.3%	$7.6B+5.1%	$7.2B+20.6%	$6.0B+10.9%	$5.4B-5.3%	$5.7B
Accounts Receivable	$3.6B+5.1%	$3.4B-6.9%	$3.7B-19.3%	$4.6B+12.4%	$4.1B-11.5%	$4.6B+11.5%	$4.1B+8.7%	$3.8B-26.2%	$5.1B
Goodwill	$4.2B-1.6%	$4.2B-1.9%	$4.3B-4.1%	$4.5B-2.2%	$4.6B-14.7%	$5.4B+106.8%	$2.6B+22.5%	$2.1B+0.1%	$2.1B
Total Liabilities	$29.8B-3.9%	$31.0B-16.6%	$37.1B+5.4%	$35.2B-11.0%	$39.6B+0.3%	$39.4B+28.6%	$30.7B+0.4%	$30.5B+6.5%	$28.7B
Current Liabilities	$8.9B-13.8%	$10.3B-25.3%	$13.8B+3.3%	$13.4B-1.4%	$13.6B+21.2%	$11.2B+19.1%	$9.4B0.0%	$9.4B-3.3%	$9.7B
Non-Current Liabilities	$20.9B+1.1%	$20.6B-11.4%	$23.3B+6.7%	$21.8B-16.0%	$26.0B-7.9%	$28.2B+32.7%	$21.3B+0.6%	$21.1B+11.6%	$18.9B
Long-Term Debt	$8.1B+6.1%	$7.6B-17.3%	$9.2B-14.0%	$10.7B+2.7%	$10.4B-10.9%	$11.7B+15.6%	$10.1B+6.4%	$9.5B+24.7%	$7.6B
Total Equity	$10.0B+0.1%	$10.0B-25.0%	$13.3B-17.9%	$16.2B+59.0%	$10.2B+18.8%	$8.6B-7.4%	$9.3B+28.6%	$7.2B+1.3%	$7.1B
Retained Earnings	$14.9B+2.9%	$14.5B-14.1%	$16.9B+0.7%	$16.8B+16.7%	$14.4B+7.2%	$13.4B+11.6%	$12.0B+12.3%	$10.7B+2.4%	$10.5B

Metric	Q1'19	Q4'18	Q3'18	Q2'18	Q1'18	Q4'17	Q2'17	Q1'17
Total Assets	$101.8B-9.0%	$101.0B-10.6%	$101.7B	$108.0B+150.0%	$111.9B+167.4%	$113.0B+182.7%	$43.2B+2.2%	$41.9B+0.1%
Current Assets	$19.2B-11.2%	$18.6B-19.3%	$18.9B	$20.1B+0.1%	$21.7B+13.8%	$23.1B+34.7%	$20.1B+11.2%	$19.1B+6.6%
Cash & Equivalents	$3.8B-25.5%	$4.5B-38.4%	$3.5B	$4.4B+35.9%	$5.1B+52.2%	$7.3B+57.4%	$3.3B-26.2%	$3.3B-19.7%
Inventory	$7.1B-9.5%	$7.4B-14.2%	$6.9B	$6.3B+29.8%	$7.9B+49.4%	$8.6B+52.2%	$4.9B+2.1%	$5.3B-3.6%
Accounts Receivable	N/A	$3.9B+3.6%	N/A	N/A	N/A	$3.8B+4.6%	N/A	N/A
Goodwill	$40.6B-12.5%	$40.7B-10.8%	$41.0B	$45.5B+975.4%	$46.4B+1013.3%	$45.6B+990.6%	$4.2B-0.3%	$4.2B-2.0%
Total Liabilities	$32.2B-13.2%	$31.2B-18.4%	$35.0B	$35.5B+15.9%	$37.2B+23.0%	$38.2B+28.3%	$30.6B-3.5%	$30.2B-3.2%
Current Liabilities	$11.9B-0.2%	$11.4B-5.8%	$11.3B	$10.9B+4.1%	$12.0B+22.0%	$12.1B+36.5%	$10.4B+24.6%	$9.8B+9.5%
Non-Current Liabilities	$20.1B-19.6%	$19.5B-24.7%	$23.5B	$24.4B+20.9%	$25.0B+22.3%	$25.9B+24.0%	$20.2B-13.6%	$20.4B-8.3%
Long-Term Debt	$6.3B-35.2%	$5.8B-43.5%	$10.2B	$9.7B-3.5%	$9.7B+20.3%	$10.3B+27.1%	$10.1B+24.2%	$8.1B-0.3%
Total Equity	$69.6B-6.9%	$69.9B-6.6%	$66.7B	$72.5B+485.6%	$74.7B+553.8%	$74.8B+647.7%	$12.4B+19.8%	$11.4B+10.1%
Retained Earnings	-$7.9B-797.4%	-$7.7B-4482.3%	-$7.0B	-$1.2B-107.4%	-$881.0M-105.6%	$175.0M-98.8%	$16.2B+0.9%	$15.7B+2.0%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

CTA Cash Flow Statement

CTA quarterly cash flow statement

Metric	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08
Operating Cash Flow	$3.3B+42.5%	$2.3B-37.6%	$3.7B+16.8%	$3.2B-34.4%	$4.8B-5.9%	$5.2B+13.0%	$4.6B-3.8%	$4.7B+51.5%	$3.1B
Depreciation & Amortization	$1.3B-14.2%	$1.5B-9.3%	$1.6B+0.9%	$1.6B-6.4%	$1.7B+9.8%	$1.6B+13.0%	$1.4B-8.2%	$1.5B+4.1%	$1.4B
Stock-Based Compensation	$119.0M-7.0%	$128.0M-5.9%	$136.0M+16.2%	$117.0M+11.4%	$105.0M-7.1%	$113.0M+4.6%	$108.0M-6.1%	$115.0M+2.7%	$112.0M
Capital Expenditures	$1.0B-37.4%	$1.6B-19.4%	$2.0B+7.3%	$1.9B+5.0%	$1.8B-2.7%	$1.8B+22.2%	$1.5B+15.3%	$1.3B-33.9%	$2.0B
Free Cash Flow	$2.3B+232.0%	$687.0M-59.4%	$1.7B+30.5%	$1.3B-57.6%	$3.1B-7.6%	$3.3B+8.5%	$3.1B-11.1%	$3.4B+198.3%	$1.2B
Investing Cash Flow	-$1.5B+17.2%	-$1.8B-442.4%	-$337.0M-111.4%	$2.9B+318.8%	-$1.3B+78.4%	-$6.2B-155.8%	-$2.4B+43.3%	-$4.3B-167.0%	-$1.6B
Financing Cash Flow	-$2.3B-27.7%	-$1.8B+64.1%	-$5.1B-244.2%	-$1.5B+45.3%	-$2.7B-769.2%	$403.0M+122.0%	-$1.8B-1785.6%	-$97.0M-111.0%	$878.0M
Share Buybacks	$916.0M-61.1%	$2.4B+17.6%	$2.0B+100.0%	$1.0B+150.0%	$400.0M-40.5%	$672.0M+168.8%	$250.0M	$0	N/A

Metric	Q1'19	Q4'18	Q3'18	Q2'18	Q1'18	Q4'17	Q2'17	Q1'17
Operating Cash Flow	-$1.4B+28.0%	N/A	N/A	N/A	-$2.0B-21.6%	N/A	-$2.4B-802.6%	-$1.6B+10.1%
Depreciation & Amortization	$678.0M+4.8%	N/A	N/A	N/A	$647.0M+130.2%	N/A	N/A	$281.0M-21.9%
Capital Expenditures	$625.0M+76.1%	N/A	N/A	N/A	$355.0M+7.6%	N/A	$194.0M+29.3%	$330.0M-7.6%
Free Cash Flow	-$2.0B+12.1%	N/A	N/A	N/A	-$2.3B-19.2%	N/A	-$2.6B-1439.3%	-$2.0B+9.7%
Investing Cash Flow	-$514.0M-234.6%	N/A	N/A	N/A	$382.0M+128.6%	N/A	-$597.0M-34.2%	-$1.3B-5044.4%
Financing Cash Flow	$1.2B+276.7%	N/A	N/A	N/A	-$694.0M-142.3%	N/A	$2.9B+683.2%	$1.6B+162.6%
Dividends Paid	$2.0M0.0%	N/A	N/A	N/A	$2.0M	N/A	N/A	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

CTA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CTA quarterly financial ratios

Metric	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08
Gross Margin	41.2%+1.3pp	39.9%-0.2pp	40.1%+0.9pp	39.2%+0.6pp	38.5%+1.7pp	36.9%	N/A	N/A	N/A
Operating Margin	N/A	N/A	22.4%+3.9pp	18.5%+3.1pp	15.4%-2.0pp	17.5%+0.8pp	16.7%+3.9pp	12.8%	N/A
Net Margin	10.2%+2.4pp	7.8%-5.0pp	12.8%-4.0pp	16.7%+8.8pp	7.9%-2.7pp	10.6%-0.4pp	10.9%+4.2pp	6.7%+0.2pp	6.6%
Return on Equity	25.1%+5.6pp	19.5%-7.7pp	27.2%-2.7pp	29.9%+2.9pp	27.0%-14.4pp	41.4%+8.8pp	32.7%+8.3pp	24.3%-3.9pp	28.2%
Return on Assets	6.3%+1.6pp	4.7%-2.4pp	7.2%-2.1pp	9.3%+3.8pp	5.5%-1.8pp	7.3%-0.2pp	7.5%+2.9pp	4.6%-0.9pp	5.5%
Current Ratio	1.92+0.2x	1.69-0.2x	1.89+0.1x	1.82+0.3x	1.570.0x	1.61-0.4x	2.03+0.2x	1.84+0.3x	1.58
Debt-to-Equity	0.810.0x	0.76+0.1x	0.690.0x	0.66-0.4x	1.02-0.3x	1.36+0.3x	1.09-0.2x	1.32+0.2x	1.07
Asset Turnover	0.620.0x	0.610.0x	0.560.0x	0.56-0.1x	0.700.0x	0.690.0x	0.690.0x	0.68-0.2x	0.84
FCF Margin	9.3%+6.5pp	2.7%-3.2pp	6.0%+1.5pp	4.5%-4.3pp	8.8%-1.0pp	9.8%-1.2pp	11.0%-2.1pp	13.2%+9.4pp	3.8%

Metric	Q1'19	Q4'18	Q3'18	Q2'18	Q1'18	Q4'17	Q2'17	Q1'17
Gross Margin	32.6%+5.0pp	N/A	N/A	N/A	27.7%-15.9pp	N/A	43.5%0.0pp	43.5%+0.8pp
Net Margin	1.4%+4.8pp	N/A	N/A	N/A	-3.4%-17.8pp	N/A	11.6%-2.8pp	14.4%-2.2pp
Return on Equity	0.1%+0.4pp	N/A	N/A	N/A	-0.3%-10.1pp	N/A	7.0%-2.9pp	9.7%-2.1pp
Return on Assets	0.1%+0.3pp	N/A	N/A	N/A	-0.2%-2.9pp	N/A	2.0%-0.4pp	2.7%-0.3pp
Current Ratio	1.61-0.2x	1.63-0.3x	1.68	1.85-0.1x	1.81-0.1x	1.900.0x	1.93-0.2x	1.94-0.1x
Debt-to-Equity	0.090.0x	0.08-0.1x	0.15	0.13-0.7x	0.13-0.6x	0.14-0.7x	0.810.0x	0.71-0.1x
Asset Turnover	0.060.0x	N/A	N/A	N/A	0.06-0.1x	N/A	0.170.0x	0.180.0x
FCF Margin	-32.6%+2.2pp	N/A	N/A	N/A	-34.8%-9.5pp	N/A	-35.4%-38.1pp	-25.2%+4.0pp

Not reported in any period shown, so not listed: Operating Margin.

Where Simplify Managed Futures Strategy ETF Ranks

Frequently Asked Questions

What is Simplify Managed Futures Strategy ETF's annual revenue?

Simplify Managed Futures Strategy ETF (CTA) reported $24.6B in total revenue for fiscal year 2016. This represents a -2.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Simplify Managed Futures Strategy ETF's revenue growing?

Simplify Managed Futures Strategy ETF (CTA) revenue declined by 2.1% year-over-year, from $25.1B to $24.6B in fiscal year 2016.

Is Simplify Managed Futures Strategy ETF profitable?

Yes, Simplify Managed Futures Strategy ETF (CTA) reported a net income of $2.5B in fiscal year 2016, with a net profit margin of 10.2%.

How much debt does Simplify Managed Futures Strategy ETF have?

As of fiscal year 2016, Simplify Managed Futures Strategy ETF (CTA) had $4.6B in cash and equivalents against $8.1B in long-term debt.

What is Simplify Managed Futures Strategy ETF's gross margin?

Simplify Managed Futures Strategy ETF (CTA) had a gross margin of 41.2% in fiscal year 2016, indicating the percentage of revenue retained after direct costs of goods sold.

What is Simplify Managed Futures Strategy ETF's net profit margin?

Simplify Managed Futures Strategy ETF (CTA) had a net profit margin of 10.2% in fiscal year 2016, representing the share of revenue converted into profit after all expenses.

Does Simplify Managed Futures Strategy ETF pay dividends?

Yes, Simplify Managed Futures Strategy ETF (CTA) paid $1.52 per share in dividends during fiscal year 2016.

What is Simplify Managed Futures Strategy ETF's return on equity (ROE)?

Simplify Managed Futures Strategy ETF (CTA) has a return on equity of 25.1% for fiscal year 2016, measuring how efficiently the company generates profit from shareholder equity.

What is Simplify Managed Futures Strategy ETF's free cash flow?

Simplify Managed Futures Strategy ETF (CTA) generated $2.3B in free cash flow during fiscal year 2016. This represents a 232.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Simplify Managed Futures Strategy ETF's operating cash flow?

Simplify Managed Futures Strategy ETF (CTA) generated $3.3B in operating cash flow during fiscal year 2016, representing cash generated from core business activities.

What are Simplify Managed Futures Strategy ETF's total assets?

Simplify Managed Futures Strategy ETF (CTA) had $40.0B in total assets as of fiscal year 2016, including both current and long-term assets.

What are Simplify Managed Futures Strategy ETF's capital expenditures?

Simplify Managed Futures Strategy ETF (CTA) invested $1.0B in capital expenditures during fiscal year 2016, funding long-term assets and infrastructure.

How much does Simplify Managed Futures Strategy ETF spend on research and development?

Simplify Managed Futures Strategy ETF (CTA) invested $1.6B in research and development during fiscal year 2016.

Does Simplify Managed Futures Strategy ETF buy back shares?

Yes, Simplify Managed Futures Strategy ETF (CTA) spent $916.0M on share buybacks during fiscal year 2016, returning capital to shareholders by reducing shares outstanding.

How many shares does Simplify Managed Futures Strategy ETF have outstanding?

Simplify Managed Futures Strategy ETF (CTA) had 865M shares outstanding as of fiscal year 2016.

What is Simplify Managed Futures Strategy ETF's current ratio?

Simplify Managed Futures Strategy ETF (CTA) had a current ratio of 1.92 as of fiscal year 2016, which is generally considered healthy.

What is Simplify Managed Futures Strategy ETF's debt-to-equity ratio?

Simplify Managed Futures Strategy ETF (CTA) had a debt-to-equity ratio of 0.81 as of fiscal year 2016, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Simplify Managed Futures Strategy ETF's return on assets (ROA)?

Simplify Managed Futures Strategy ETF (CTA) had a return on assets of 6.3% for fiscal year 2016, measuring how efficiently the company uses its assets to generate profit.

What is Simplify Managed Futures Strategy ETF's Piotroski F-Score?

Simplify Managed Futures Strategy ETF (CTA) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Simplify Managed Futures Strategy ETF's earnings high quality?

Simplify Managed Futures Strategy ETF (CTA) has an earnings quality ratio of 1.31x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.