SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF Balance Sheet Health
Financial Health criteria checks 3/6
SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF has a total shareholder equity of $2.2B and total debt of $89.5M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are $2.3B and $93.4M respectively.
Key information
4.1%
Debt to equity ratio
US$89.54m
Debt
Interest coverage ratio | n/a |
Cash | US$93.27m |
Equity | US$2.21b |
Total liabilities | US$93.45m |
Total assets | US$2.30b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SLYG's short term assets ($99.2M) exceed its short term liabilities ($89.8M).
Long Term Liabilities: SLYG's short term assets ($99.2M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: SLYG has more cash than its total debt.
Reducing Debt: SLYG's debt to equity ratio has increased from 3.2% to 4.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if SLYG's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if SLYG's interest payments on its debt are well covered by EBIT.