Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund Balance Sheet Health
Financial Health criteria checks 4/6
Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund has a total shareholder equity of $17.4B and total debt of $32.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $17.5B and $34.9M respectively.
Key information
0.2%
Debt to equity ratio
US$32.39m
Debt
Interest coverage ratio | n/a |
Cash | US$4.54m |
Equity | US$17.43b |
Total liabilities | US$34.87m |
Total assets | US$17.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XLY's short term assets ($41.6M) exceed its short term liabilities ($34.9M).
Long Term Liabilities: XLY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XLY's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: XLY's debt to equity ratio has reduced from 0.3% to 0.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if XLY's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XLY's interest payments on its debt are well covered by EBIT.