iShares Trust - iShares iBoxx $ Investment Grade Bond ETF Balance Sheet Health
Financial Health criteria checks 4/6
iShares Trust - iShares iBoxx $ Investment Grade Bond ETF has a total shareholder equity of $33.2B and total debt of $2.2B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are $35.7B and $2.4B respectively.
Key information
6.7%
Debt to equity ratio
US$2.21b
Debt
Interest coverage ratio | n/a |
Cash | US$2.38b |
Equity | US$33.24b |
Total liabilities | US$2.44b |
Total assets | US$35.68b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LQD's short term assets ($3.0B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: LQD's short term assets ($3.0B) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: LQD has more cash than its total debt.
Reducing Debt: LQD's debt to equity ratio has reduced from 8.6% to 6.7% over the past 5 years.
Debt Coverage: Insufficient data to determine if LQD's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if LQD's interest payments on its debt are well covered by EBIT.