Chevron Balance Sheet Health
Financial Health criteria checks 5/6
Chevron has a total shareholder equity of $160.3B and total debt of $23.2B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are $260.6B and $100.4B respectively. Chevron's EBIT is $24.7B making its interest coverage ratio 53.2. It has cash and short-term investments of $4.0B.
Key information
14.5%
Debt to equity ratio
US$23.18b
Debt
| Interest coverage ratio | 53.2x |
| Cash | US$4.01b |
| Equity | US$160.26b |
| Total liabilities | US$100.38b |
| Total assets | US$260.64b |
Recent financial health updates
Is Chevron (NYSE:CVX) Using Too Much Debt?
Jun 07
We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt
Jan 26Recent updates
Striking Oil: Why Chevron Remains A Strong Buy
Sep 20Chevron: Don't Miss This Buying Opportunity
Aug 20Buy Chevron Stock For The Overhangs
Aug 14Chevron Options Still Offer Better Prospects Than Hess
Aug 07Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 05Chevron Has A Strong Growth Trajectory Into 2025
Jul 31Sentiment Still Eluding Chevron Corporation (NYSE:CVX)
Jul 26Chevron: I Don't Own It But I Should As It Yields Over 4%
Jul 08Chevron's 4.2% Yield Is A Steal (Upgrade)
Jul 01Is Chevron (NYSE:CVX) Using Too Much Debt?
Jun 07Chevron: Never Bet Against A Leading Oil Major
Jun 04It's Unlikely That Chevron Corporation's (NYSE:CVX) CEO Will See A Huge Pay Rise This Year
May 23Chevron Stock's EPS Growth Potential Can Surprise Market
May 08Chevron: The Fast Way To Hot Spots
May 01Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report
Apr 30Chevron: Resilient To Oil Price Volatility But Wait For A Pullback
Apr 19Chevron: A Strong Q1 Report Is Ahead
Apr 13Chevron: Solid As A Cap Rock But Fairly Valued For Now
Mar 26Chevron: Exxon Barges In To Scupper The Hess Deal Closure
Mar 12Chevron Is A Solid Company At A Respectable Price
Feb 27Chevron: Is This A Good Dividend Stock To Buy?
Feb 07Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Value Investors Take Note! Why Chevron May Be A Must-Own Stock
Jan 29We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt
Jan 26Chevron And Hess Merger May Be At Risk As Geopolitical Risk Escalates
Jan 08Chevron: Fill Up The Income Tank And Buy This 4%-Yielding Dividend Aristocrat
Dec 22Lacklustre Performance Is Driving Chevron Corporation's (NYSE:CVX) Low P/E
Dec 18Chevron And Hess: Scenario Analysis Relating To Geopolitical Risk
Dec 04Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)
Nov 30Chevron Made New 52-Week Lows, But The Dividend Remains Safe
Nov 27Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 13Buy HES, Sell CVX
Nov 06Chevron Makes Hess Its Largest Acquisition
Oct 30Financial Position Analysis
Short Term Liabilities: CVX's short term assets ($39.4B) exceed its short term liabilities ($34.0B).
Long Term Liabilities: CVX's short term assets ($39.4B) do not cover its long term liabilities ($66.4B).
Debt to Equity History and Analysis
Debt Level: CVX's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: CVX's debt to equity ratio has reduced from 19.3% to 14.5% over the past 5 years.
Debt Coverage: CVX's debt is well covered by operating cash flow (152%).
Interest Coverage: CVX's interest payments on its debt are well covered by EBIT (53.2x coverage).