Halliburton Balance Sheet Health
Financial Health criteria checks 5/6
Halliburton has a total shareholder equity of $9.7B and total debt of $7.6B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are $24.7B and $15.0B respectively. Halliburton's EBIT is $4.1B making its interest coverage ratio 10.6. It has cash and short-term investments of $1.9B.
Key information
78.9%
Debt to equity ratio
US$7.64b
Debt
Interest coverage ratio | 10.6x |
Cash | US$1.89b |
Equity | US$9.68b |
Total liabilities | US$14.97b |
Total assets | US$24.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAL's short term assets ($11.4B) exceed its short term liabilities ($5.4B).
Long Term Liabilities: HAL's short term assets ($11.4B) exceed its long term liabilities ($9.6B).
Debt to Equity History and Analysis
Debt Level: HAL's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: HAL's debt to equity ratio has reduced from 107.1% to 78.9% over the past 5 years.
Debt Coverage: HAL's debt is well covered by operating cash flow (50.1%).
Interest Coverage: HAL's interest payments on its debt are well covered by EBIT (10.6x coverage).