Halliburton Balance Sheet Health
Financial Health criteria checks 5/6
Halliburton has a total shareholder equity of $10.0B and total debt of $7.6B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are $25.2B and $15.1B respectively. Halliburton's EBIT is $4.1B making its interest coverage ratio 10.9. It has cash and short-term investments of $2.1B.
Key information
76.0%
Debt to equity ratio
US$7.64b
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$2.14b |
| Equity | US$10.05b |
| Total liabilities | US$15.11b |
| Total assets | US$25.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAL's short term assets ($11.9B) exceed its short term liabilities ($5.6B).
Long Term Liabilities: HAL's short term assets ($11.9B) exceed its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: HAL's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: HAL's debt to equity ratio has reduced from 108.2% to 76% over the past 5 years.
Debt Coverage: HAL's debt is well covered by operating cash flow (50.4%).
Interest Coverage: HAL's interest payments on its debt are well covered by EBIT (10.9x coverage).