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
GE 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 01General Electric Stock: A Hold After Hitting 6-Year High
Feb 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).