Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $187.2B and total debt of $49.9B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $394.8B and $207.6B respectively. Shell's EBIT is $34.2B making its interest coverage ratio 15.5. It has cash and short-term investments of $38.1B.
Key information
26.6%
Debt to equity ratio
US$49.87b
Debt
| Interest coverage ratio | 15.5x |
| Cash | US$38.15b |
| Equity | US$187.19b |
| Total liabilities | US$207.59b |
| Total assets | US$394.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHELLA's short term assets ($128.6B) exceed its short term liabilities ($91.5B).
Long Term Liabilities: SHELLA's short term assets ($128.6B) exceed its long term liabilities ($116.1B).
Debt to Equity History and Analysis
Debt Level: SHELLA's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: SHELLA's debt to equity ratio has reduced from 31.5% to 26.6% over the past 5 years.
Debt Coverage: SHELLA's debt is well covered by operating cash flow (103.8%).
Interest Coverage: SHELLA's interest payments on its debt are well covered by EBIT (15.5x coverage).