First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund Balance Sheet Health
Financial Health criteria checks 6/6
First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund has a total shareholder equity of $10.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.6B and $777.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$8.37m |
Equity | US$10.79b |
Total liabilities | US$777.33m |
Total assets | US$11.57b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FVD's short term assets ($799.8M) exceed its short term liabilities ($775.9M).
Long Term Liabilities: FVD's short term assets ($799.8M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: FVD is debt free.
Reducing Debt: FVD has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: FVD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FVD has no debt, therefore coverage of interest payments is not a concern.