Invesco QQQ Trust Series 1 Balance Sheet Health
Financial Health criteria checks 6/6
Invesco QQQ Trust Series 1 has a total shareholder equity of $196.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $199.4B and $2.9B respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$430.21m |
| Equity | US$196.58b |
| Total liabilities | US$2.87b |
| Total assets | US$199.45b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: QQQ's short term assets ($2.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: QQQ's short term assets ($2.9B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: QQQ is debt free.
Reducing Debt: QQQ has not had any debt for past 5 years.
Debt Coverage: QQQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QQQ has no debt, therefore coverage of interest payments is not a concern.