General Electric Balance Sheet Health
Financial Health criteria checks 5/6
General Electric has a total shareholder equity of $31.1B and total debt of $20.5B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are $163.9B and $132.8B respectively. General Electric's EBIT is $6.4B making its interest coverage ratio 19.8. It has cash and short-term investments of $21.7B.
Key information
66.0%
Debt to equity ratio
US$20.53b
Debt
| Interest coverage ratio | 19.8x |
| Cash | US$21.68b |
| Equity | US$31.10b |
| Total liabilities | US$132.84b |
| Total assets | US$163.94b |
Recent financial health updates
We Think General Electric (NYSE:GE) Can Manage Its Debt With Ease
Mar 08
General Electric (NYSE:GE) Seems To Use Debt Quite Sensibly
Nov 01Is General Electric (NYSE:GE) A Risky Investment?
Jul 27Recent updates
GE 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 23We 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 01Earnings Beat: General Electric Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jan 25General Electric's Ascent Hasn't Stopped Just Yet
Jan 24General Electric: 2024 Sets Up For Further Upside, Spinoff On Tap
Jan 16General Electric Company (NYSE:GE) Investors Are Less Pessimistic Than Expected
Jan 01General Electric: LEAP Engine Fuels Aerospace Growth; Buy The Stock Before The Spin-Off
Dec 29Is General Electric Company (NYSE:GE) Potentially Undervalued?
Dec 17An Intrinsic Calculation For General Electric Company (NYSE:GE) Suggests It's 25% Undervalued
Nov 16General Electric Stock: Outlook After Q3 Beat
Nov 09General Electric (NYSE:GE) Seems To Use Debt Quite Sensibly
Nov 01The Management Team At General Electric Proves To The Market Why The Stock Is A 'Buy'
Oct 26General Electric: Still Overburdened With Liabilities
Sep 27At US$114, Is General Electric Company (NYSE:GE) Worth Looking At Closely?
Sep 14Why General Electric Is One Of The Best Aerospace Plays On The Market
Aug 27Is General Electric Company (NYSE:GE) Trading At A 26% Discount?
Aug 12Is General Electric Stock A Wise Choice Amid Air Traffic Recovery?
Aug 09Is General Electric (NYSE:GE) A Risky Investment?
Jul 27General Electric Flies High On Stellar Results
Jul 27Financial Position Analysis
Short Term Liabilities: GE's short term assets ($59.6B) exceed its short term liabilities ($51.1B).
Long Term Liabilities: GE's short term assets ($59.6B) do not cover its long term liabilities ($81.8B).
Debt to Equity History and Analysis
Debt Level: GE has more cash than its total debt.
Reducing Debt: GE's debt to equity ratio has reduced from 191.8% to 66% over the past 5 years.
Debt Coverage: GE's debt is well covered by operating cash flow (31.3%).
Interest Coverage: GE's interest payments on its debt are well covered by EBIT (19.8x coverage).