Chevron Balance Sheet Health
Financial Health criteria checks 5/6
Chevron has a total shareholder equity of $161.9B and total debt of $20.2B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are $261.6B and $99.7B respectively. Chevron's EBIT is $27.0B making its interest coverage ratio 57.5. It has cash and short-term investments of $8.2B.
Key information
12.5%
Debt to equity ratio
US$20.20b
Debt
| Interest coverage ratio | 57.5x |
| Cash | US$8.22b |
| Equity | US$161.93b |
| Total liabilities | US$99.70b |
| Total assets | US$261.63b |
Recent financial health updates
We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt
Jan 26
We Think Chevron (NYSE:CVX) Can Manage Its Debt With Ease
Oct 05Recent updates
Chevron: A Strong Q1 Report Is Ahead
Apr 13Chevron: Solid As A Cap Rock But Fairly Valued For Now
Mar 26Chevron: Exxon Barges In To Scupper The Hess Deal Closure
Mar 12Chevron Is A Solid Company At A Respectable Price
Feb 27Chevron: Is This A Good Dividend Stock To Buy?
Feb 07Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Value Investors Take Note! Why Chevron May Be A Must-Own Stock
Jan 29We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt
Jan 26Chevron And Hess Merger May Be At Risk As Geopolitical Risk Escalates
Jan 08Chevron: Fill Up The Income Tank And Buy This 4%-Yielding Dividend Aristocrat
Dec 22Lacklustre Performance Is Driving Chevron Corporation's (NYSE:CVX) Low P/E
Dec 18Chevron And Hess: Scenario Analysis Relating To Geopolitical Risk
Dec 04Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)
Nov 30Chevron Made New 52-Week Lows, But The Dividend Remains Safe
Nov 27Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 13Buy HES, Sell CVX
Nov 06Chevron Makes Hess Its Largest Acquisition
Oct 30Chevron: Surprising But Delightful Deal For Hess Announcement
Oct 23Chevron Offers Smoother Ride In Any Oil Market
Oct 16We Think Chevron (NYSE:CVX) Can Manage Its Debt With Ease
Oct 05Chevron Stock: Outlook Amid California Lawsuit
Oct 04Chevron: Take Some Profit With Warren Buffett (Rating Downgrade)
Sep 26Oil Could Hit $300 A Barrel
Sep 18There's Been No Shortage Of Growth Recently For Chevron's (NYSE:CVX) Returns On Capital
Sep 02Chevron: Ready To Become The Next Dividend Champion Of This Decade
Aug 25Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)
Aug 15Making My Own Super Major Oil Company - Version 2.0
Aug 07Chevron (NYSE:CVX) Is Paying Out A Larger Dividend Than Last Year
Jul 31Financial Position Analysis
Short Term Liabilities: CVX's short term assets ($41.1B) exceed its short term liabilities ($32.3B).
Long Term Liabilities: CVX's short term assets ($41.1B) do not cover its long term liabilities ($67.4B).
Debt to Equity History and Analysis
Debt Level: CVX's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: CVX's debt to equity ratio has reduced from 22% to 12.5% over the past 5 years.
Debt Coverage: CVX's debt is well covered by operating cash flow (176.3%).
Interest Coverage: CVX's interest payments on its debt are well covered by EBIT (57.5x coverage).