Invesco Exchange-Traded Fund Trust - Invesco Next Gen Connectivity ETF Balance Sheet Health
Financial Health criteria checks 6/6
Invesco Exchange-Traded Fund Trust - Invesco Next Gen Connectivity ETF has a total shareholder equity of $35.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.1M and $2.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$94.90k |
Equity | US$35.73m |
Total liabilities | US$2.41m |
Total assets | US$38.14m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KNCT's short term assets ($2.4M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: KNCT's short term assets ($2.4M) exceed its long term liabilities ($10.7K).
Debt to Equity History and Analysis
Debt Level: KNCT is debt free.
Reducing Debt: KNCT has not had any debt for past 5 years.
Debt Coverage: KNCT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KNCT has no debt, therefore coverage of interest payments is not a concern.