Select Sector SPDR Trust - The Technology Select Sector SPDR Fund Balance Sheet Health
Financial Health criteria checks 6/6
Select Sector SPDR Trust - The Technology Select Sector SPDR Fund has a total shareholder equity of $47.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $47.6B and $51.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$67.88m |
Equity | US$47.59b |
Total liabilities | US$51.28m |
Total assets | US$47.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XLK's short term assets ($100.1M) exceed its short term liabilities ($51.3M).
Long Term Liabilities: XLK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XLK is debt free.
Reducing Debt: XLK had no debt 5 years ago.
Debt Coverage: XLK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: XLK has no debt, therefore coverage of interest payments is not a concern.