Sunday, November 7, 2010

Who is E Trade Financial Corporation? ETFC?


Company: E Trade Financial Corporation

Stock Symbol: ETFC

Exchange: NASDAQ

Trend: Short Term Up

Grade: 75%

Sentiment: 90% Bullish
E-Trade Financial Corporation is a financial services company based in New York City
, United States. It is a holding company, the major business of which is an online
discount stock brokerage service for self-directed investors. Investors can buy and
sell securities such as stocks, bonds, options, mutual funds, and exchange-traded
funds via electronic trading platforms or by phone via E-Trade Mobile Pro. The
company also offers banking and lending products such as checking and savings
accounts, money market accounts, certificates of deposit, and credit cards.
E-Trade's brokerage business is regulated and licensed by FINRA. E-Trade also has
a wholly-owned subsidiary E-Trade Bank.

The debt-to-equity ratio (D/E) is a financial ratio indicating the relative
proportion of shareholders' equity and debt used to finance a company's assets.
The ratio is also known as Risk. The two components are taken from the firm's
balance sheet.

D/E = Debt(liabilities)/equity
D/E for E trade Finacial Corp : 43,616.93/47,366.48 =  .92 : $1
(i.e for every .92 cent of debt the company has $1 of equity. ).

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