Woodside Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
Woodside Energy Group has a total shareholder equity of $35.8B and total debt of $5.8B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $55.6B and $19.8B respectively. Woodside Energy Group's EBIT is $2.6B making its interest coverage ratio -15.6. It has cash and short-term investments of $2.1B.
Key information
16.2%
Debt to equity ratio
US$5.82b
Debt
| Interest coverage ratio | -15.6x |
| Cash | US$2.13b |
| Equity | US$35.83b |
| Total liabilities | US$19.81b |
| Total assets | US$55.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WDSL's short term assets ($6.1B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: WDSL's short term assets ($6.1B) do not cover its long term liabilities ($14.9B).
Debt to Equity History and Analysis
Debt Level: WDSL's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: WDSL's debt to equity ratio has reduced from 31.2% to 16.2% over the past 5 years.
Debt Coverage: WDSL's debt is well covered by operating cash flow (96%).
Interest Coverage: WDSL earns more interest than it pays, so coverage of interest payments is not a concern.