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CPER Stock Analysis - United States Commodity Index Funds Trust AI Rating

CPER NYSE Commodity Contracts Brokers & Dealers CIK: 0001479247
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2022-03-31
AI Rating
SELL
75% Confidence

📊 CPER Key Takeaways

Revenue: $-16.6M
Net Margin: -475.5%
Free Cash Flow: $65.6M
Current Ratio: N/A
Debt/Equity: N/A
EPS: $0.00
AI Rating: SELL with 75% confidence

Investment Thesis

CPER exhibits fundamental deterioration with severely negative operating margins (-77.2%), collapsing revenues (-290.4% YoY), and inverted profitability metrics despite positive net income driven by non-operational gains. The entity's structure as a commodity index fund trust with minimal liabilities and massive cash reserves relative to assets suggests atypical financial characteristics that obscure operational viability.

CPER Strengths

  • + Extremely strong liquidity position with $574.6M cash against only $129M total assets
  • + Minimal debt burden with only $436.4K liabilities, providing financial flexibility
  • + Positive operating cash flow of $65.6M demonstrates some underlying cash generation capability

CPER Risks

  • ! Revenue collapse of 290.4% YoY indicates severe business contraction or restructuring
  • ! Negative operating margin of -77.2% and negative net margin of -475.5% show fundamental unprofitability
  • ! Net income of $78.7M appears driven by non-operational factors, not core business performance, masking operational distress
  • ! No insider buying activity in last 90 days despite alleged profitability suggests lack of management confidence
  • ! Data freshness of March 2022 is significantly outdated, limiting relevance for current assessment

Key Metrics to Watch

CPER Financial Metrics

Revenue
$-16.6M
Net Income
$78.7M
EPS (Diluted)
$0.00
Free Cash Flow
$65.6M
Total Assets
$129.0M
Cash Position
$574.6M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CPER Profitability Ratios

Gross Margin N/A
Operating Margin -77.2%
Net Margin -475.5%
ROE N/A
ROA 61.0%
FCF Margin -396.2%

CPER vs Default Sector

How United States Commodity Index Funds Trust compares to Default sector averages

Net Margin
CPER -475.5%
vs
Sector Avg 12.0%
CPER Sector
ROE
CPER 0.0%
vs
Sector Avg 15.0%
CPER Sector
Current Ratio
CPER 0.0x
vs
Sector Avg 1.8x
CPER Sector
Debt/Equity
CPER 0.0x
vs
Sector Avg 0.7x
CPER Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CPER Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
N/A
Debt/Assets
0.3%
Interest Coverage
N/A
Long-term Debt
N/A

CPER 5-Year Financial Trend

CPER 5-year financial data: Year 2015: Revenue -$17.4M, Net Income N/A, EPS N/A. Year 2016: Revenue -$9.2M, Net Income -$142.4M, EPS N/A. Year 2017: Revenue $34.1M, Net Income -$104.7M, EPS N/A. Year 2019: Revenue $34.1M, Net Income $28.6M, EPS N/A. Year 2020: Revenue -$4.2M, Net Income -$74.9M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: United States Commodity Index Funds Trust's revenue has remained relatively flat over the 5-year period, with a 0% decline.

CPER Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-396.2%
Free cash flow / Revenue

CPER Quarterly Performance

Quarterly financial performance data for United States Commodity Index Funds Trust including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2020 -$54.7M $17.5M N/A
Q3 2019 -$19.8M -$7.0M N/A
Q2 2019 -$19.2M -$2.9M N/A
Q3 2017 -$23.7M -$663.8K N/A
Q2 2017 -$18.6M -$11.1M N/A
Q1 2017 -$9.0M -$2.1M N/A
Q1 2016 -$46.3M -$2.1M N/A
Q3 2015 -$81.8M -$35.9M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CPER Capital Allocation

Operating Cash Flow
$65.6M
Cash generated from operations
Dividends
None
No dividend program

CPER SEC Filings

Access official SEC EDGAR filings for United States Commodity Index Funds Trust (CIK: 0001479247)

📋 Recent SEC Filings

Date Form Document Action
Mar 20, 2026 8-K tm268488d7_8k.htm View →
Feb 27, 2026 10-K usci-20251231x10k.htm View →
Feb 27, 2026 8-K tm266376d7_8k.htm View →
Jan 29, 2026 8-K tm262824d7_8k.htm View →
Dec 29, 2025 8-K tm2533092d7_8k.htm View →

Frequently Asked Questions about CPER

What is the AI rating for CPER?

United States Commodity Index Funds Trust (CPER) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CPER's key strengths?

Extremely strong liquidity position with $574.6M cash against only $129M total assets. Minimal debt burden with only $436.4K liabilities, providing financial flexibility.

What are the risks of investing in CPER?

Revenue collapse of 290.4% YoY indicates severe business contraction or restructuring. Negative operating margin of -77.2% and negative net margin of -475.5% show fundamental unprofitability.

What is CPER's revenue and growth?

United States Commodity Index Funds Trust reported revenue of $-16.6M.

Does CPER pay dividends?

United States Commodity Index Funds Trust does not currently pay dividends.

Where can I find CPER SEC filings?

Official SEC filings for United States Commodity Index Funds Trust (CIK: 0001479247) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CPER's EPS?

United States Commodity Index Funds Trust has a diluted EPS of $0.00.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2022-03-31 | Powered by Claude AI