iShares Trust - iShares iBoxx $ Investment Grade Bond ETF Balance Sheet Health
Financial Health criteria checks 5/6
iShares Trust - iShares iBoxx $ Investment Grade Bond ETF has a total shareholder equity of $32.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $36.0B and $3.1B respectively. iShares Trust - iShares iBoxx $ Investment Grade Bond ETF's EBIT is $1.4B making its interest coverage ratio 1155357.4. It has cash and short-term investments of $3.1B.
Key information
8.8%
Debt to equity ratio
US$2.91b
Debt
Interest coverage ratio | 1155357.4x |
Cash | US$3.06b |
Equity | US$32.92b |
Total liabilities | US$3.09b |
Total assets | US$36.01b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0JFI's short term assets ($3.8B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: 0JFI's short term assets ($3.8B) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: 0JFI has more cash than its total debt.
Reducing Debt: 0JFI's debt to equity ratio has reduced from 9.4% to 8.8% over the past 5 years.
Debt Coverage: Insufficient data to determine if 0JFI's debt is well covered by operating cash flow.
Interest Coverage: 0JFI's interest payments on its debt are well covered by EBIT (1155357.4x coverage).