iShares Trust - iShares Global Financials ETF Balance Sheet Health
Financial Health criteria checks 2/6
iShares Trust - iShares Global Financials ETF has a total shareholder equity of $402.0M and total debt of $2.3M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $404.7M and $2.7M respectively.
Key information
0.6%
Debt to equity ratio
US$2.30m
Debt
Interest coverage ratio | n/a |
Cash | US$589.85k |
Equity | US$402.01m |
Total liabilities | US$2.68m |
Total assets | US$404.69m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: IXG's short term assets ($2.4M) do not cover its short term liabilities ($2.7M).
Long Term Liabilities: IXG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IXG's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: IXG's debt to equity ratio has increased from 0.02% to 0.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if IXG's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if IXG's interest payments on its debt are well covered by EBIT.