Glencore Balance Sheet Health

Financial Health criteria checks 3/6

Glencore has a total shareholder equity of $35.8B and total debt of $30.3B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are $120.7B and $84.9B respectively. Glencore's EBIT is $4.9B making its interest coverage ratio 2.3. It has cash and short-term investments of $2.8B.

Key information

84.8%

Debt to equity ratio

US$30.33b

Debt

Interest coverage ratio2.3x
CashUS$2.84b
EquityUS$35.76b
Total liabilitiesUS$84.93b
Total assetsUS$120.69b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0IVW's short term assets ($62.6B) exceed its short term liabilities ($48.1B).

Long Term Liabilities: 0IVW's short term assets ($62.6B) exceed its long term liabilities ($36.8B).


Debt to Equity History and Analysis

Debt Level: 0IVW's net debt to equity ratio (76.9%) is considered high.

Reducing Debt: 0IVW's debt to equity ratio has increased from 82.7% to 84.8% over the past 5 years.

Debt Coverage: 0IVW's debt is well covered by operating cash flow (33.3%).

Interest Coverage: 0IVW's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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