Invesco Exchange-Traded Fund Trust - Invesco Dividend Achievers ETF Balance Sheet Health
Financial Health criteria checks 3/6
Invesco Exchange-Traded Fund Trust - Invesco Dividend Achievers ETF has a total shareholder equity of $578.8M and total debt of $35.3M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are $617.5M and $38.7M respectively.
Key information
6.1%
Debt to equity ratio
US$35.35m
Debt
Interest coverage ratio | n/a |
Cash | US$361.42k |
Equity | US$578.81m |
Total liabilities | US$38.66m |
Total assets | US$617.47m |
Recent financial health updates
No updates
Recent updates
PFM: Good For Dividend Exposure Overall
Apr 01PFM: A Decent Addition To Income Portfolios
Jan 11PFM: Fundamentals Looking Strong
Sep 26PFM: Reassessing Valuation, Quality, And Dividend Credentials
Jul 10Invesco Dividend Achievers ETF: A Bloated Low-Yielding Fund Not Worth Paying For
Apr 22PFM: Dividend Growth Is Not Enough
Feb 08PFM: High-Quality Mix, But Beware Of Downsides
Nov 27PFM: Why The U.S. Dividend Achievers Are Underachieving
Aug 28PFM: Exposure To Defensive Names Bodes Well For Dividend Growth
Dec 29Financial Position Analysis
Short Term Liabilities: PFM's short term assets ($38.8M) exceed its short term liabilities ($36.1M).
Long Term Liabilities: PFM's short term assets ($38.8M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: PFM's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: PFM's debt to equity ratio has increased from 0% to 6.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if PFM's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if PFM's interest payments on its debt are well covered by EBIT.