General Electric Balance Sheet Health
Financial Health criteria checks 5/6
General Electric has a total shareholder equity of $18.8B and total debt of $19.7B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are $123.2B and $104.3B respectively. General Electric's EBIT is $6.6B making its interest coverage ratio 25.5. It has cash and short-term investments of $15.1B.
Key information
104.4%
Debt to equity ratio
US$19.67b
Debt
| Interest coverage ratio | 25.5x |
| Cash | US$15.15b |
| Equity | US$18.84b |
| Total liabilities | US$104.35b |
| Total assets | US$123.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCP's short term assets ($37.4B) exceed its short term liabilities ($32.8B).
Long Term Liabilities: GCP's short term assets ($37.4B) do not cover its long term liabilities ($71.6B).
Debt to Equity History and Analysis
Debt Level: GCP's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: GCP's debt to equity ratio has reduced from 188.5% to 104.4% over the past 5 years.
Debt Coverage: GCP's debt is well covered by operating cash flow (34.9%).
Interest Coverage: GCP's interest payments on its debt are well covered by EBIT (25.5x coverage).