ConocoPhillips Balance Sheet Health
Financial Health criteria checks 5/6
ConocoPhillips has a total shareholder equity of $49.3B and total debt of $17.3B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $95.3B and $46.0B respectively. ConocoPhillips's EBIT is $15.7B making its interest coverage ratio 40.8. It has cash and short-term investments of $6.1B.
Key information
35.2%
Debt to equity ratio
US$17.34b
Debt
Interest coverage ratio | 40.8x |
Cash | US$6.06b |
Equity | US$49.33b |
Total liabilities | US$46.02b |
Total assets | US$95.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YCPD's short term assets ($13.7B) exceed its short term liabilities ($10.2B).
Long Term Liabilities: YCPD's short term assets ($13.7B) do not cover its long term liabilities ($35.9B).
Debt to Equity History and Analysis
Debt Level: YCPD's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: YCPD's debt to equity ratio has reduced from 43% to 35.2% over the past 5 years.
Debt Coverage: YCPD's debt is well covered by operating cash flow (112.7%).
Interest Coverage: YCPD's interest payments on its debt are well covered by EBIT (40.8x coverage).