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Shell Debt-to-Equity

: 0.44 (As of Jun. 2022)
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Shell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $6,521 Mil. Shell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $77,220 Mil. Shell's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $190,502 Mil. Shell's debt to equity for the quarter that ended in Jun. 2022 was 0.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

SHEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.7
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Shell was 0.70. The lowest was 0.10. And the median was 0.26.

SHEL's Debt-to-Equity is ranked better than
53.63% of 826 companies
in the Oil & Gas industry
Industry Median: 0.48 vs SHEL: 0.44

Shell Debt-to-Equity Historical Data

The historical data trend for Shell's Debt-to-Equity 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.

* Premium members only.

Shell Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.39 0.52 0.70 0.52

Shell Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.58 0.52 0.49 0.44

Competitive Comparison

For the Oil & Gas Integrated subindustry, Shell's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

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

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



Shell Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shell's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Shell's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Shell Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shell's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Shell Business Description

Shell logo
Address
Carel van Bylandtlaan 30, The Hague, NLD, 2596 HR
Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 1.8 million barrels of liquids and 9.2 billion cubic feet of natural gas per day. At year-end 2020, reserves stood at 9.0 billion barrels of oil equivalent, 52% 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 2.8 mmb/d located in the Americas, Asia, Africa, and Europe and sells 15 mtpa of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.

Shell Headlines

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