iShares - iShares MSCI Emerging Markets ETF Balance Sheet Health
Financial Health criteria checks 4/6
iShares - iShares MSCI Emerging Markets ETF has a total shareholder equity of $17.7B and total debt of $567.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are $18.8B and $1.1B respectively. iShares - iShares MSCI Emerging Markets ETF's EBIT is $374.8M making its interest coverage ratio 1711.8. It has cash and short-term investments of $618.0M.
Key information
3.2%
Debt to equity ratio
US$567.17m
Debt
| Interest coverage ratio | 1711.8x |
| Cash | US$617.99m |
| Equity | US$17.68b |
| Total liabilities | US$1.12b |
| Total assets | US$18.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEM's short term assets ($1.1B) exceed its short term liabilities ($810.0M).
Long Term Liabilities: EEM's short term assets ($1.1B) exceed its long term liabilities ($308.3M).
Debt to Equity History and Analysis
Debt Level: EEM has more cash than its total debt.
Reducing Debt: EEM's debt to equity ratio has increased from 2.6% to 3.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if EEM's debt is well covered by operating cash flow.
Interest Coverage: EEM's interest payments on its debt are well covered by EBIT (1711.8x coverage).