Woodside Energy Group Ltd

ASX:WDS Stock Report

Market Cap: AU$43.9b

Woodside Energy Group Balance Sheet Health

Financial Health criteria checks 5/6

Woodside Energy Group has a total shareholder equity of $35.8B and total debt of $5.8B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $55.6B and $19.8B respectively. Woodside Energy Group's EBIT is $2.6B making its interest coverage ratio -15.6. It has cash and short-term investments of $2.1B.

Key information

16.2%

Debt to equity ratio

US$5.82b

Debt

Interest coverage ratio-15.6x
CashUS$2.13b
EquityUS$35.83b
Total liabilitiesUS$19.81b
Total assetsUS$55.64b

Recent financial health updates

Woodside Energy Group (ASX:WDS) Takes On Some Risk With Its Use Of Debt

Aug 28
Woodside Energy Group (ASX:WDS) Takes On Some Risk With Its Use Of Debt

These 4 Measures Indicate That Woodside Energy Group (ASX:WDS) Is Using Debt Extensively

Mar 30
These 4 Measures Indicate That Woodside Energy Group (ASX:WDS) Is Using Debt Extensively

Recent updates

Woodside Energy Group Ltd's (ASX:WDS) Earnings Are Not Doing Enough For Some Investors

Nov 21
Woodside Energy Group Ltd's (ASX:WDS) Earnings Are Not Doing Enough For Some Investors

Woodside Energy Group (ASX:WDS) Takes On Some Risk With Its Use Of Debt

Aug 28
Woodside Energy Group (ASX:WDS) Takes On Some Risk With Its Use Of Debt

Revenues Working Against Woodside Energy Group Ltd's (ASX:WDS) Share Price

Jul 26
Revenues Working Against Woodside Energy Group Ltd's (ASX:WDS) Share Price

Improved Revenues Required Before Woodside Energy Group Ltd (ASX:WDS) Shares Find Their Feet

Apr 26
Improved Revenues Required Before Woodside Energy Group Ltd (ASX:WDS) Shares Find Their Feet

These 4 Measures Indicate That Woodside Energy Group (ASX:WDS) Is Using Debt Extensively

Mar 30
These 4 Measures Indicate That Woodside Energy Group (ASX:WDS) Is Using Debt Extensively

Woodside Energy Group Ltd (ASX:WDS) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Feb 28
Woodside Energy Group Ltd (ASX:WDS) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Investors Don't See Light At End Of Woodside Energy Group Ltd's (ASX:WDS) Tunnel

Jan 05
Investors Don't See Light At End Of Woodside Energy Group Ltd's (ASX:WDS) Tunnel

Financial Position Analysis

Short Term Liabilities: WDS's short term assets ($6.1B) exceed its short term liabilities ($4.9B).

Long Term Liabilities: WDS's short term assets ($6.1B) do not cover its long term liabilities ($14.9B).


Debt to Equity History and Analysis

Debt Level: WDS's net debt to equity ratio (10.3%) is considered satisfactory.

Reducing Debt: WDS's debt to equity ratio has reduced from 31.2% to 16.2% over the past 5 years.

Debt Coverage: WDS's debt is well covered by operating cash flow (96%).

Interest Coverage: WDS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 16:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Woodside Energy Group Ltd is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris MearsAPP Securities Pty Ltd.
Ishan MajumdarBaptista Research
Russell WrightBarclay Pearce Capital Pty Limited