Halliburton Balance Sheet Health
Financial Health criteria checks 5/6
Halliburton has a total shareholder equity of $10.4B and total debt of $7.6B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are $25.3B and $15.0B respectively. Halliburton's EBIT is $4.1B making its interest coverage ratio 11. It has cash and short-term investments of $2.2B.
Key information
73.8%
Debt to equity ratio
US$7.64b
Debt
| Interest coverage ratio | 11x |
| Cash | US$2.18b |
| Equity | US$10.35b |
| Total liabilities | US$14.98b |
| Total assets | US$25.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAL's short term assets ($12.0B) exceed its short term liabilities ($5.5B).
Long Term Liabilities: HAL's short term assets ($12.0B) exceed its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: HAL's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: HAL's debt to equity ratio has reduced from 105.8% to 73.8% over the past 5 years.
Debt Coverage: HAL's debt is well covered by operating cash flow (50%).
Interest Coverage: HAL's interest payments on its debt are well covered by EBIT (11x coverage).