Shell Balance Sheet Health
Financial Health criteria checks 6/6
Shell has a total shareholder equity of $189.5B and total debt of $51.0B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $394.9B and $205.4B respectively. Shell's EBIT is $30.7B making its interest coverage ratio 13.6. It has cash and short-term investments of $42.3B.
Key information
26.9%
Debt to equity ratio
US$51.02b
Debt
| Interest coverage ratio | 13.6x |
| Cash | US$42.25b |
| Equity | US$189.54b |
| Total liabilities | US$205.41b |
| Total assets | US$394.95b |
Recent financial health updates
No updates
Recent updates
Shell: Take The Time To Consider This Given The Strong Earnings Report
Nov 01Shell's Upcoming Earnings: A Beat Seems Likely, Don't Expect A Surging Share Price
Oct 25Shell: The Outlook Underwhelms (Rating Downgrade)
Sep 12Shell Is Transitioning Back To Being An Oil And Gas Producer
Aug 21Shell: Well On Track To Deliver On CMD Sprint
Aug 10Shell Stock Has A Nice European Discount
Jul 19Shell: Single-Digit P/E With Share-Price Momentum, A FCF Stalwart
Jul 10Shell Is On The Right Track
Jun 18Shell: Strong Q1 Blows Estimates Out Of The Water
May 273 Reasons Shell Remains A Buy
May 12Shell: LNG Leadership Makes For An Attractive Risk/Reward
Mar 28Shell: Higher Reserve And An Attractive Valuation
Mar 22Shell: Earnings Report Is More Positive Than Not
Feb 03Shell Is Refocusing The Future Of The Firm
Jan 18Shell: Lower Oil Prices Hurt, But Shares Still A Bargain With A High Yield
Jan 11OPEC+ Decision Will Likely Support Shell Earnings
Dec 06Shell: A Buy Near Its All-Time High
Nov 05Shell: Out Of The Doghouse
Oct 17Financial Position Analysis
Short Term Liabilities: SHEL's short term assets ($125.6B) exceed its short term liabilities ($89.6B).
Long Term Liabilities: SHEL's short term assets ($125.6B) exceed its long term liabilities ($115.8B).
Debt to Equity History and Analysis
Debt Level: SHEL's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: SHEL's debt to equity ratio has reduced from 30% to 26.9% over the past 5 years.
Debt Coverage: SHEL's debt is well covered by operating cash flow (106%).
Interest Coverage: SHEL's interest payments on its debt are well covered by EBIT (13.6x coverage).