iShares Trust - iShares Preferred and Income Securities ETF Balance Sheet Health
Financial Health criteria checks 3/6
iShares Trust - iShares Preferred and Income Securities ETF has a total shareholder equity of $12.7B and total debt of $42.6M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $13.1B and $416.5M respectively. iShares Trust - iShares Preferred and Income Securities ETF's EBIT is $830.5M making its interest coverage ratio 10147.5. It has cash and short-term investments of $406.7K.
Key information
0.3%
Debt to equity ratio
US$42.65m
Debt
Interest coverage ratio | 10147.5x |
Cash | US$406.68k |
Equity | US$12.72b |
Total liabilities | US$416.49m |
Total assets | US$13.14b |
Recent financial health updates
No updates
Recent updates
PFF: Attractive 6.5% Yield To Diversify, While Introducing Price Appreciation Potential
Apr 09PFF: 4 Reasons To Exit Preferred Share Fund
Jan 22PFF: Preferred Shares Investing Attractiveness
Aug 08PFF: Reasonable Preferred Shares ETF, But Better Choices Out There
May 29PFF: Preferred Equities' Downside Potential Grows With Commodity-Shock
Mar 25PFF: A Deep Dive Into This Preferred Stock ETF
Feb 24PFF: Preferred Equities Are Riskier Than Common Stocks Today
Dec 15PFF: Yield Spread And Leveraged Model Portfolio
Jul 26iShares Preferred And Income Securities ETF: Consistency Is Key
Jun 13iShares Preferred And Income Securities ETF: Reasonably Bullish
Dec 28Financial Position Analysis
Short Term Liabilities: PFF's short term assets ($89.9M) do not cover its short term liabilities ($415.2M).
Long Term Liabilities: PFF's short term assets ($89.9M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: PFF's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: PFF's debt to equity ratio has increased from 0.3% to 0.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if PFF's debt is well covered by operating cash flow.
Interest Coverage: PFF's interest payments on its debt are well covered by EBIT (10147.5x coverage).