SPDR Series Trust - SPDR S&P Retail ETF Balance Sheet Health
Financial Health criteria checks 4/6
SPDR Series Trust - SPDR S&P Retail ETF has a total shareholder equity of $478.2M and total debt of $26.8M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are $505.1M and $26.9M respectively.
Key information
5.6%
Debt to equity ratio
US$26.80m
Debt
Interest coverage ratio | n/a |
Cash | US$30.09k |
Equity | US$478.17m |
Total liabilities | US$26.93m |
Total assets | US$505.10m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: XRT's short term assets ($27.6M) exceed its short term liabilities ($26.9M).
Long Term Liabilities: XRT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XRT's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: XRT's debt to equity ratio has reduced from 7.2% to 5.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if XRT's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if XRT's interest payments on its debt are well covered by EBIT.