Shell (SHEL) Cash-to-Debt : 0.48 (As of Dec. 2023)

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What is Shell Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Shell's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.48.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Shell couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Shell's Cash-to-Debt or its related term are showing as below:

SHEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.38 Max: 0.54
Current: 0.48

During the past 13 years, Shell's highest Cash to Debt Ratio was 0.54. The lowest was 0.18. And the median was 0.38.

SHEL's Cash-to-Debt is ranked worse than
50.78% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.505 vs SHEL: 0.48

Shell Cash-to-Debt Historical Data

The historical data trend for Shell's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Shell Cash-to-Debt Chart

Shell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.18

0.29

0.41

0.48

Shell Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.48	0.49	0.54	0.52	0.48

Competitive Comparison of Shell's Cash-to-Debt

For the Oil & Gas Integrated subindustry, Shell's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shell's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shell's Cash-to-Debt falls into.

Shell Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Shell's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	38774	/	(9931	+	71610)
	=	0.48

Shell's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	38774	/	(9931	+	71610)
	=	0.48

Shell (NYSE:SHEL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Shell Cash-to-Debt Related Terms

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Shell (SHEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell PLC (NYSE:SHEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RYDAF:USA SHELL:Netherlands SHEL:Mexico SHELl:UK SHEL:UK R6C0:Germany R6C0:Germany R6C0:Germany SHEL:Argentina

Address

Shell Centre, London, GBR, SE1 7NA

Website

https://www.shell.com

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 7.9 billion cubic feet of natural gas per day. At year-end 2022, reserves stood at 9.4 billion barrels of oil equivalent, 50% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.7 mmb/d located in the Americas, Asia, Africa, and Europe and sells 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.