Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $188.4B and total debt of $53.9B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $406.3B and $217.9B respectively. Shell's EBIT is $35.4B making its interest coverage ratio 15.3. It has cash and short-term investments of $38.8B.
Key information
28.6%
Debt to equity ratio
US$53.93b
Debt
Interest coverage ratio | 15.3x |
Cash | US$38.77b |
Equity | US$188.36b |
Total liabilities | US$217.91b |
Total assets | US$406.27b |
Recent financial health updates
Recent updates
These 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 26The Return Trends At Shell (LON:SHEL) Look Promising
Oct 02Calculating The Fair Value Of Shell plc (LON:SHEL)
Aug 20Returns on Capital Paint A Bright Future For Shell (LON:SHEL)
Jul 04With EPS Growth And More, Shell (LON:SHEL) Makes An Interesting Case
Jun 20Financial Position Analysis
Short Term Liabilities: SHEL's short term assets ($134.1B) exceed its short term liabilities ($95.5B).
Long Term Liabilities: SHEL's short term assets ($134.1B) exceed its long term liabilities ($122.4B).
Debt to Equity History and Analysis
Debt Level: SHEL's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: SHEL's debt to equity ratio has reduced from 31% to 28.6% over the past 5 years.
Debt Coverage: SHEL's debt is well covered by operating cash flow (100.5%).
Interest Coverage: SHEL's interest payments on its debt are well covered by EBIT (15.3x coverage).