Select Sector SPDR Trust - The Health Care Select Sector SPDR Fund Balance Sheet Health
Financial Health criteria checks 3/6
Select Sector SPDR Trust - The Health Care Select Sector SPDR Fund has a total shareholder equity of $37.7B and total debt of $24.3M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are $37.7B and $30.0M respectively.
Key information
0.06%
Debt to equity ratio
US$24.30m
Debt
Interest coverage ratio | n/a |
Cash | US$33.59m |
Equity | US$37.71b |
Total liabilities | US$30.00m |
Total assets | US$37.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XLV's short term assets ($87.0M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: XLV's short term assets ($87.0M) exceed its long term liabilities ($29.6K).
Debt to Equity History and Analysis
Debt Level: XLV has more cash than its total debt.
Reducing Debt: XLV's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: Insufficient data to determine if XLV's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XLV's interest payments on its debt are well covered by EBIT.