General Electric Balance Sheet Health
Financial Health criteria checks 5/6
General Electric has a total shareholder equity of $19.1B and total debt of $19.9B, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are $126.7B and $107.6B respectively. General Electric's EBIT is $6.8B making its interest coverage ratio 31.7. It has cash and short-term investments of $15.6B.
Key information
104.3%
Debt to equity ratio
US$19.92b
Debt
| Interest coverage ratio | 31.7x |
| Cash | US$15.56b |
| Equity | US$19.10b |
| Total liabilities | US$107.60b |
| Total assets | US$126.70b |
Recent financial health updates
Recent updates
General Electric, Spin-Offs, And Dividends
Dec 12GE Aerospace: Firing On Most Cylinders, Still Battling The October Earnings-Day Dip
Nov 24GE Aerospace Q3: Strength In Order Book Continues
Oct 22General Electric: The Razor Blade Business Model
Oct 16GE Aerospace Stock Is Super Expensive, But Still A Buy
Sep 24GE Aerospace: Investing $1 Billion In MRO Facilities
Aug 27This Is Not Your Father's GE: GE Aerospace Keeps Hitting Home Runs
Jul 23Moat Monster: GE Aerospace's Rally Is Just The Beginning
Jun 06GE Aerospace: First Standalone Results Back Up Premium Valuation
May 06GE Aerospace Q1: A Standalone Company With Strong Order Growth
Apr 25GE Aerospace: GE Is Dead, Long Live GE
Apr 03Should You Investigate General Electric Company (NYSE:GE) At US$175?
Mar 23
We Think General Electric (NYSE:GE) Can Manage Its Debt With Ease
Mar 08Up 45% Since October: Is General Electric's Rise Sustainable?
Mar 01Financial Position Analysis
Short Term Liabilities: GE's short term assets ($38.6B) exceed its short term liabilities ($34.1B).
Long Term Liabilities: GE's short term assets ($38.6B) do not cover its long term liabilities ($73.5B).
Debt to Equity History and Analysis
Debt Level: GE's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: GE's debt to equity ratio has reduced from 319.8% to 104.3% over the past 5 years.
Debt Coverage: GE's debt is well covered by operating cash flow (32.8%).
Interest Coverage: GE's interest payments on its debt are well covered by EBIT (31.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:54 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
General Electric Company is covered by 45 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| David Strauss | Barclays |