General Electric Balance Sheet Health
Financial Health criteria checks 5/6
General Electric has a total shareholder equity of $31.1B and total debt of $20.5B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are $163.9B and $132.8B respectively. General Electric's EBIT is $6.4B making its interest coverage ratio 19.8. It has cash and short-term investments of $20.3B.
Key information
66.0%
Debt to equity ratio
US$20.53b
Debt
Interest coverage ratio | 19.8x |
Cash | US$20.28b |
Equity | US$31.10b |
Total liabilities | US$132.84b |
Total assets | US$163.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GED's short term assets ($59.6B) exceed its short term liabilities ($51.1B).
Long Term Liabilities: GED's short term assets ($59.6B) do not cover its long term liabilities ($81.8B).
Debt to Equity History and Analysis
Debt Level: GED's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: GED's debt to equity ratio has reduced from 191.8% to 66% over the past 5 years.
Debt Coverage: GED's debt is well covered by operating cash flow (31.3%).
Interest Coverage: GED's interest payments on its debt are well covered by EBIT (19.8x coverage).