Exxon Mobil Balance Sheet Health
Financial Health criteria checks 5/6
Exxon Mobil has a total shareholder equity of $276.3B and total debt of $41.0B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $460.7B and $184.4B respectively. Exxon Mobil's EBIT is $48.5B making its interest coverage ratio 52. It has cash and short-term investments of $26.5B.
Key information
14.9%
Debt to equity ratio
US$41.03b
Debt
| Interest coverage ratio | 52x |
| Cash | US$26.46b |
| Equity | US$276.27b |
| Total liabilities | US$184.44b |
| Total assets | US$460.71b |
Recent financial health updates
Exxon Mobil (NYSE:XOM) Has A Pretty Healthy Balance Sheet
Jul 12
Exxon Mobil (NYSE:XOM) Seems To Use Debt Quite Sensibly
Feb 25Recent updates
Earnings 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 22Exxon Mobil: A Bargain Buy Before Q1 Earnings
Apr 15Estimating The Fair Value Of Exxon Mobil Corporation (NYSE:XOM)
Apr 11Exxon Mobil: Obsolete Business Model Means Challenges Ahead
Apr 08Exxon Mobil: Opportunity Knocked - Did You Answer? What's Next? (Technical Analysis)
Mar 26Exxon Mobil: The Macro Outlook Is Good, Although The Share Price Already Reflects This
Mar 18Exxon Mobil: Legal Brawl First, Then Beat The Market To A Proper Valuation
Mar 08Exxon Mobil (NYSE:XOM) Seems To Use Debt Quite Sensibly
Feb 25Exxon Mobil: Raising Price Target On Strong 2023 And Pioneer Deal
Feb 15Financial Position Analysis
Short Term Liabilities: XOM's short term assets ($96.2B) exceed its short term liabilities ($70.8B).
Long Term Liabilities: XOM's short term assets ($96.2B) do not cover its long term liabilities ($113.7B).
Debt to Equity History and Analysis
Debt Level: XOM's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: XOM's debt to equity ratio has reduced from 22% to 14.9% over the past 5 years.
Debt Coverage: XOM's debt is well covered by operating cash flow (133.7%).
Interest Coverage: XOM's interest payments on its debt are well covered by EBIT (52x coverage).