SPDR Series Trust - SPDR S&P Metals & Mining ETF Balance Sheet Health
Financial Health criteria checks 3/6
SPDR Series Trust - SPDR S&P Metals & Mining ETF has a total shareholder equity of $2.0B and total debt of $104.9M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $2.1B and $105.4M respectively.
Key information
5.2%
Debt to equity ratio
US$104.86m
Debt
Interest coverage ratio | n/a |
Cash | US$1.87m |
Equity | US$2.00b |
Total liabilities | US$105.44m |
Total assets | US$2.11b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: XME's short term assets ($107.3M) exceed its short term liabilities ($105.4M).
Long Term Liabilities: XME's short term assets ($107.3M) exceed its long term liabilities ($1.9K).
Debt to Equity History and Analysis
Debt Level: XME's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: XME's debt to equity ratio has increased from 2.2% to 5.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if XME's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XME's interest payments on its debt are well covered by EBIT.