General Electric Balance Sheet Health
Financial Health criteria checks 5/6
General Electric has a total shareholder equity of $28.6B and total debt of $21.0B, which brings its debt-to-equity ratio to 73.4%. Its total assets and total liabilities are $163.0B and $134.5B respectively. General Electric's EBIT is $5.8B making its interest coverage ratio 15.3. It has cash and short-term investments of $20.6B.
Key information
73.4%
Debt to equity ratio
US$20.96b
Debt
Interest coverage ratio | 15.3x |
Cash | US$20.57b |
Equity | US$28.58b |
Total liabilities | US$134.47b |
Total assets | US$163.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GE.WI's short term assets ($59.8B) exceed its short term liabilities ($50.9B).
Long Term Liabilities: GE.WI's short term assets ($59.8B) do not cover its long term liabilities ($83.6B).
Debt to Equity History and Analysis
Debt Level: GE.WI's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: GE.WI's debt to equity ratio has reduced from 201.2% to 73.4% over the past 5 years.
Debt Coverage: GE.WI's debt is well covered by operating cash flow (24.7%).
Interest Coverage: GE.WI's interest payments on its debt are well covered by EBIT (15.3x coverage).