Exxon Mobil Balance Sheet Health
Financial Health criteria checks 6/6
Exxon Mobil has a total shareholder equity of $213.1B and total debt of $38.7B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $377.9B and $164.9B respectively. Exxon Mobil's EBIT is $46.8B making its interest coverage ratio 51.4. It has cash and short-term investments of $33.3B.
Key information
18.1%
Debt to equity ratio
US$38.66b
Debt
Interest coverage ratio | 51.4x |
Cash | US$33.32b |
Equity | US$213.05b |
Total liabilities | US$164.87b |
Total assets | US$377.92b |
Recent financial health updates
Recent updates
Exxon 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 15Exxon Mobil: Steady Execution Is An Opportunity
Feb 05There Is A Reason Exxon Mobil Corporation's (NYSE:XOM) Price Is Undemanding
Jan 20Exxon Vs. Saudi Aramco: Buy American For Energy's Future
Jan 19Exxon Mobil: $100 Oil Could Be A 2024 Black Swan (Rating Upgrade)
Jan 02Exxon Mobil: Oil Bulls Have A Problem
Dec 27Exxon Mobil: Merger With Pioneer And Expected Rising Oil Prices (Rating Upgrade)
Dec 21Exxon Mobil Is Approaching A 4% Yield And Looks Undervalued
Dec 13Are Investors Undervaluing Exxon Mobil Corporation (NYSE:XOM) By 34%?
Dec 13Exxon Mobil: Higher-For-Longer Oil Prices Are A Game Changer (Rating Upgrade)
Dec 07Exxon Mobil: What To Expect From Future Growth Prospects
Nov 30Exxon Mobil: Don't Mind The Extreme Opinions On The Stock
Nov 21Exxon Mobil (NYSE:XOM) Is Paying Out A Larger Dividend Than Last Year
Nov 13Implications Of Robert Friedland's Lithium Rant - Buy Exxon
Nov 13Financial Position Analysis
Short Term Liabilities: XOM's short term assets ($99.4B) exceed its short term liabilities ($71.9B).
Long Term Liabilities: XOM's short term assets ($99.4B) exceed its long term liabilities ($92.9B).
Debt to Equity History and Analysis
Debt Level: XOM's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: XOM's debt to equity ratio has reduced from 19.9% to 18.1% over the past 5 years.
Debt Coverage: XOM's debt is well covered by operating cash flow (138.9%).
Interest Coverage: XOM's interest payments on its debt are well covered by EBIT (51.4x coverage).