Exxon Mobil Balance Sheet Health
Financial Health criteria checks 5/6
Exxon Mobil has a total shareholder equity of $276.3B and total debt of $41.0B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $460.7B and $184.4B respectively. Exxon Mobil's EBIT is $48.5B making its interest coverage ratio 52. It has cash and short-term investments of $26.5B.
Key information
14.9%
Debt to equity ratio
US$41.03b
Debt
| Interest coverage ratio | 52x |
| Cash | US$26.46b |
| Equity | US$276.27b |
| Total liabilities | US$184.44b |
| Total assets | US$460.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XONA's short term assets ($96.2B) exceed its short term liabilities ($70.8B).
Long Term Liabilities: XONA's short term assets ($96.2B) do not cover its long term liabilities ($113.7B).
Debt to Equity History and Analysis
Debt Level: XONA's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: XONA's debt to equity ratio has reduced from 22% to 14.9% over the past 5 years.
Debt Coverage: XONA's debt is well covered by operating cash flow (133.7%).
Interest Coverage: XONA's interest payments on its debt are well covered by EBIT (52x coverage).