Exxon Mobil Balance Sheet Health
Financial Health criteria checks 5/6
Exxon Mobil has a total shareholder equity of $276.4B and total debt of $40.4B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are $461.9B and $185.5B respectively. Exxon Mobil's EBIT is $47.3B making its interest coverage ratio 48.7. It has cash and short-term investments of $26.9B.
Key information
14.6%
Debt to equity ratio
US$40.40b
Debt
| Interest coverage ratio | 48.7x |
| Cash | US$26.93b |
| Equity | US$276.40b |
| Total liabilities | US$185.52b |
| Total assets | US$461.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XOM's short term assets ($94.3B) exceed its short term liabilities ($70.0B).
Long Term Liabilities: XOM's short term assets ($94.3B) do not cover its long term liabilities ($115.5B).
Debt to Equity History and Analysis
Debt Level: XOM's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: XOM's debt to equity ratio has reduced from 23.2% to 14.6% over the past 5 years.
Debt Coverage: XOM's debt is well covered by operating cash flow (139.8%).
Interest Coverage: XOM's interest payments on its debt are well covered by EBIT (48.7x coverage).