Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $189.5B and total debt of $51.0B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $394.9B and $205.4B respectively. Shell's EBIT is $30.7B making its interest coverage ratio 13.6. It has cash and short-term investments of $42.3B.
Key information
26.9%
Debt to equity ratio
US$51.02b
Debt
| Interest coverage ratio | 13.6x |
| Cash | US$42.25b |
| Equity | US$189.54b |
| Total liabilities | US$205.41b |
| Total assets | US$394.95b |
Recent financial health updates
Is Shell (LON:SHEL) Using Too Much Debt?
Oct 04
These 4 Measures Indicate That Shell (LON:SHEL) Is Using Debt Reasonably Well
Apr 01Recent updates
Shell's (LON:SHEL) Soft Earnings Don't Show The Whole Picture
Nov 07Is Shell (LON:SHEL) Using Too Much Debt?
Oct 04Shell (LSE:SHEL) Announces New Chairman in Kazakhstan and $3.5 Billion Share Buyback Program
Sep 18Shell (LON:SHEL) Is Looking To Continue Growing Its Returns On Capital
Aug 21Investors Continue Waiting On Sidelines For Shell plc (LON:SHEL)
Jul 11A Look At The Fair Value Of Shell plc (LON:SHEL)
Jun 21Shell plc Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
May 04Shell (LON:SHEL) Has More To Do To Multiply In Value Going Forward
May 02These 4 Measures Indicate That Shell (LON:SHEL) Is Using Debt Reasonably Well
Apr 01An Intrinsic Calculation For Shell plc (LON:SHEL) Suggests It's 30% Undervalued
Mar 09Shell's (LON:SHEL) Soft Earnings Don't Show The Whole Picture
Feb 08Shell (LON:SHEL) Is Doing The Right Things To Multiply Its Share Price
Jan 26Are Investors Undervaluing Shell plc (LON:SHEL) By 22%?
Nov 26Financial Position Analysis
Short Term Liabilities: SHEL's short term assets ($125.6B) exceed its short term liabilities ($89.6B).
Long Term Liabilities: SHEL's short term assets ($125.6B) exceed its long term liabilities ($115.8B).
Debt to Equity History and Analysis
Debt Level: SHEL's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: SHEL's debt to equity ratio has reduced from 30% to 26.9% over the past 5 years.
Debt Coverage: SHEL's debt is well covered by operating cash flow (106%).
Interest Coverage: SHEL's interest payments on its debt are well covered by EBIT (13.6x coverage).