Exxon Mobil Balance Sheet Health
Financial Health criteria checks 6/6
Exxon Mobil has a total shareholder equity of $213.1B and total debt of $40.4B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are $377.9B and $164.9B respectively. Exxon Mobil's EBIT is $46.8B making its interest coverage ratio 51.4. It has cash and short-term investments of $33.3B.
Key information
19.0%
Debt to equity ratio
US$40.44b
Debt
Interest coverage ratio | 51.4x |
Cash | US$33.32b |
Equity | US$213.05b |
Total liabilities | US$164.87b |
Total assets | US$377.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R1M's short term assets ($99.4B) exceed its short term liabilities ($71.9B).
Long Term Liabilities: 0R1M's short term assets ($99.4B) exceed its long term liabilities ($92.9B).
Debt to Equity History and Analysis
Debt Level: 0R1M's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 0R1M's debt to equity ratio has reduced from 19.9% to 19% over the past 5 years.
Debt Coverage: 0R1M's debt is well covered by operating cash flow (132.8%).
Interest Coverage: 0R1M's interest payments on its debt are well covered by EBIT (51.4x coverage).