Chevron Balance Sheet Health
Financial Health criteria checks 5/6
Chevron has a total shareholder equity of $161.9B and total debt of $26.1B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $261.6B and $99.7B respectively. Chevron's EBIT is $25.5B making its interest coverage ratio 54.1. It has cash and short-term investments of $8.2B.
Key information
16.1%
Debt to equity ratio
US$26.07b
Debt
Interest coverage ratio | 54.1x |
Cash | US$8.22b |
Equity | US$161.93b |
Total liabilities | US$99.70b |
Total assets | US$261.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHV's short term assets ($41.1B) exceed its short term liabilities ($32.3B).
Long Term Liabilities: CHV's short term assets ($41.1B) do not cover its long term liabilities ($67.4B).
Debt to Equity History and Analysis
Debt Level: CHV's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: CHV's debt to equity ratio has reduced from 21% to 16.1% over the past 5 years.
Debt Coverage: CHV's debt is well covered by operating cash flow (135.1%).
Interest Coverage: CHV's interest payments on its debt are well covered by EBIT (54.1x coverage).