SPDR Series Trust - SPDR S&P Oil & Gas Exploration & Production ETF Balance Sheet Health
Financial Health criteria checks 2/6
SPDR Series Trust - SPDR S&P Oil & Gas Exploration & Production ETF has a total shareholder equity of $3.6B and total debt of $180.1M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $3.8B and $181.2M respectively.
Key information
5.0%
Debt to equity ratio
US$180.12m
Debt
Interest coverage ratio | n/a |
Cash | US$2.06m |
Equity | US$3.59b |
Total liabilities | US$181.16m |
Total assets | US$3.77b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: XOP's short term assets ($3.8M) do not cover its short term liabilities ($181.2M).
Long Term Liabilities: XOP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XOP's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: XOP's debt to equity ratio has increased from 2.3% to 5% over the past 5 years.
Debt Coverage: Insufficient data to determine if XOP's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XOP's interest payments on its debt are well covered by EBIT.