Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $189.5B and total debt of $51.0B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $394.9B and $205.4B respectively. Shell's EBIT is $30.7B making its interest coverage ratio 13.6. It has cash and short-term investments of $42.3B.
Key information
26.9%
Debt to equity ratio
US$51.02b
Debt
| Interest coverage ratio | 13.6x |
| Cash | US$42.25b |
| Equity | US$189.54b |
| Total liabilities | US$205.41b |
| Total assets | US$394.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHELD's short term assets ($125.6B) exceed its short term liabilities ($89.6B).
Long Term Liabilities: SHELD's short term assets ($125.6B) exceed its long term liabilities ($115.8B).
Debt to Equity History and Analysis
Debt Level: SHELD's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: SHELD's debt to equity ratio has reduced from 30% to 26.9% over the past 5 years.
Debt Coverage: SHELD's debt is well covered by operating cash flow (106%).
Interest Coverage: SHELD's interest payments on its debt are well covered by EBIT (13.6x coverage).