Select Sector SPDR Trust - The Financial Select Sector SPDR Fund Balance Sheet Health
Financial Health criteria checks 3/6
Select Sector SPDR Trust - The Financial Select Sector SPDR Fund has a total shareholder equity of $30.6B and total debt of $483.3M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $31.1B and $488.4M respectively.
Key information
1.6%
Debt to equity ratio
US$483.31m
Debt
Interest coverage ratio | n/a |
Cash | US$44.32m |
Equity | US$30.60b |
Total liabilities | US$488.39m |
Total assets | US$31.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XLF's short term assets ($549.2M) exceed its short term liabilities ($488.2M).
Long Term Liabilities: XLF's short term assets ($549.2M) exceed its long term liabilities ($205.5K).
Debt to Equity History and Analysis
Debt Level: XLF's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: XLF's debt to equity ratio has increased from 0% to 1.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if XLF's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XLF's interest payments on its debt are well covered by EBIT.