TotalEnergies Balance Sheet Health
Financial Health criteria checks 6/6
TotalEnergies has a total shareholder equity of $118.6B and total debt of $51.8B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are $284.0B and $165.4B respectively. TotalEnergies's EBIT is $24.4B making its interest coverage ratio 35.6. It has cash and short-term investments of $31.8B.
Key information
43.6%
Debt to equity ratio
US$51.75b
Debt
| Interest coverage ratio | 35.6x |
| Cash | US$31.82b |
| Equity | US$118.62b |
| Total liabilities | US$165.39b |
| Total assets | US$284.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTA's short term assets ($93.9B) exceed its short term liabilities ($85.7B).
Long Term Liabilities: TOTA's short term assets ($93.9B) exceed its long term liabilities ($79.7B).
Debt to Equity History and Analysis
Debt Level: TOTA's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: TOTA's debt to equity ratio has reduced from 53.7% to 43.6% over the past 5 years.
Debt Coverage: TOTA's debt is well covered by operating cash flow (66.7%).
Interest Coverage: TOTA's interest payments on its debt are well covered by EBIT (35.6x coverage).