Exxon Mobil Balance Sheet Health
Financial Health criteria checks 5/6
Exxon Mobil has a total shareholder equity of $276.4B and total debt of $40.4B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are $461.9B and $185.5B respectively. Exxon Mobil's EBIT is $47.3B making its interest coverage ratio 48.7. It has cash and short-term investments of $26.9B.
Key information
14.6%
Debt to equity ratio
US$40.40b
Debt
| Interest coverage ratio | 48.7x |
| Cash | US$26.93b |
| Equity | US$276.40b |
| Total liabilities | US$185.52b |
| Total assets | US$461.92b |
Recent financial health updates
Recent updates
Exxon Mobil Is A Bargain
Nov 19Exxon Mobil Corporation (NYSE:XOM) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 08
Exxon Mobil: Don't Get Your Hopes Up (For Now)
Nov 06Exxon Mobil's (NYSE:XOM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 04Exxon Mobil: What Can We Expect From Q3 Earnings?
Oct 30Exxon Mobil: Buy Before Earnings (Rating Upgrade)
Oct 21Benign Growth For Exxon Mobil Corporation (NYSE:XOM) Underpins Its Share Price
Oct 18Exxon Mobil: Iran's Attack On Israel Creates Short-Term Tailwinds
Oct 09Exxon Mobil: Cut To Sell On Stretched Valuation
Oct 01Exxon Mobil: Greater Synergies From Merger With Pioneer, But Lower Oil Prices (Hold Confirmed)
Sep 18Exxon Mobil's Expansion Plans You Can't Ignore (Rating Upgrade)
Sep 10Exxon Mobil's Global Outlook To 2050 Insists On Fossil Fuel Opportunities
Aug 30Exxon Mobil Stock Should Go Higher
Aug 23We Think That There Are More Issues For Exxon Mobil (NYSE:XOM) Than Just Sluggish Earnings
Aug 17Exxon Mobil Is A Giant With More Room To Grow
Aug 15Earnings Beat: Exxon Mobil Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 06Exxon Mobil Q2: Pioneer Assets Create More Upside Potential
Aug 02Exxon Mobil: Buy The Dip
Jul 17Exxon Mobil (NYSE:XOM) Has A Pretty Healthy Balance Sheet
Jul 12Exxon Mobil: The Permian Printing Press
Jun 25Exxon Mobil Corporation's (NYSE:XOM) Low P/E No Reason For Excitement
Jun 19Exxon Mobil: Buy Weakness, Wait Patiently, And Don't Hurry (Rating Upgrade)
Jun 17Exxon Mobil Set For A Breakout (Rating Upgrade)
Jun 11Shareholders May Be More Conservative With Exxon Mobil Corporation's (NYSE:XOM) CEO Compensation For Now
May 23Exxon Mobil Stock Is Not As Overvalued As You May Think
May 12Exxon Mobil Plays It Safe With Hydrocarbons, Sidelines Direct Air Capture
May 06Exxon Mobil Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 30Exxon Mobil: Positioned For Strong Growth And Current Buying Opportunity
Apr 28Exxon Mobil: What To Expect From Q1 Earnings Results
Apr 22Financial Position Analysis
Short Term Liabilities: XOM's short term assets ($94.3B) exceed its short term liabilities ($70.0B).
Long Term Liabilities: XOM's short term assets ($94.3B) do not cover its long term liabilities ($115.5B).
Debt to Equity History and Analysis
Debt Level: XOM's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: XOM's debt to equity ratio has reduced from 23.2% to 14.6% over the past 5 years.
Debt Coverage: XOM's debt is well covered by operating cash flow (139.8%).
Interest Coverage: XOM's interest payments on its debt are well covered by EBIT (48.7x coverage).