Woodside Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
Woodside Energy Group has a total shareholder equity of $36.7B and total debt of $5.1B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are $56.7B and $20.1B respectively. Woodside Energy Group's EBIT is $8.4B making its interest coverage ratio -24.7. It has cash and short-term investments of $3.8B.
Key information
13.9%
Debt to equity ratio
US$5.11b
Debt
Interest coverage ratio | -24.7x |
Cash | US$3.84b |
Equity | US$36.68b |
Total liabilities | US$20.05b |
Total assets | US$56.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WDS1 N's short term assets ($6.0B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: WDS1 N's short term assets ($6.0B) do not cover its long term liabilities ($15.1B).
Debt to Equity History and Analysis
Debt Level: WDS1 N's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: WDS1 N's debt to equity ratio has reduced from 22.8% to 13.9% over the past 5 years.
Debt Coverage: WDS1 N's debt is well covered by operating cash flow (180.8%).
Interest Coverage: WDS1 N earns more interest than it pays, so coverage of interest payments is not a concern.