Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $188.3B and total debt of $53.0B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are $402.0B and $213.7B respectively. Shell's EBIT is $31.6B making its interest coverage ratio 14.4. It has cash and short-term investments of $39.9B.
Key information
28.2%
Debt to equity ratio
US$53.05b
Debt
Interest coverage ratio | 14.4x |
Cash | US$39.95b |
Equity | US$188.30b |
Total liabilities | US$213.74b |
Total assets | US$402.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R6C0's short term assets ($133.1B) exceed its short term liabilities ($93.9B).
Long Term Liabilities: R6C0's short term assets ($133.1B) exceed its long term liabilities ($119.8B).
Debt to Equity History and Analysis
Debt Level: R6C0's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: R6C0's debt to equity ratio has reduced from 31.4% to 28.2% over the past 5 years.
Debt Coverage: R6C0's debt is well covered by operating cash flow (100.6%).
Interest Coverage: R6C0's interest payments on its debt are well covered by EBIT (14.4x coverage).