Valero Energy Balance Sheet Health
Financial Health criteria checks 6/6
Valero Energy has a total shareholder equity of $28.8B and total debt of $10.9B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are $62.6B and $33.8B respectively. Valero Energy's EBIT is $9.6B making its interest coverage ratio 32.7. It has cash and short-term investments of $4.9B.
Key information
37.8%
Debt to equity ratio
US$10.90b
Debt
Interest coverage ratio | 32.7x |
Cash | US$4.92b |
Equity | US$28.82b |
Total liabilities | US$33.75b |
Total assets | US$62.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V1L's short term assets ($25.7B) exceed its short term liabilities ($16.1B).
Long Term Liabilities: V1L's short term assets ($25.7B) exceed its long term liabilities ($17.6B).
Debt to Equity History and Analysis
Debt Level: V1L's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: V1L's debt to equity ratio has reduced from 43.7% to 37.8% over the past 5 years.
Debt Coverage: V1L's debt is well covered by operating cash flow (72.5%).
Interest Coverage: V1L's interest payments on its debt are well covered by EBIT (32.7x coverage).