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Exxon Mobil Debt-to-Equity

: 0.38 (As of Jun. 2021)
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Exxon Mobil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $15,293 Mil. Exxon Mobil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $45,319 Mil. Exxon Mobil's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $158,571 Mil. Exxon Mobil's debt to equity for the quarter that ended in Jun. 2021 was 0.38.

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 Exxon Mobil's Debt-to-Equity or its related term are showing as below:

NYSE:XOM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.22   Max: 0.55
Current: 0.38

0.07
0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Exxon Mobil was 0.55. The lowest was 0.07. And the median was 0.22.

NYSE:XOM's Debt-to-Equity is ranked higher than
76% of the 377 Companies
in the Oil & Gas industry.

( Industry Median: 0.37 vs. NYSE:XOM: 0.38 )

Exxon Mobil Debt-to-Equity Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.23 0.20 0.25 0.43

Exxon Mobil Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.39 0.39 0.43 0.40 0.38

Competitive Comparison

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.

   

Exxon Mobil Debt-to-Equity Distribution

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

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



Exxon Mobil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Exxon Mobil's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Exxon Mobil's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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.


Exxon Mobil  (NYSE:XOM) 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.


Exxon Mobil Debt-to-Equity Related Terms

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


Exxon Mobil Business Description

Exxon Mobil logo
Industry
Energy » Oil & Gas NAICS : 211120 SIC : 1311
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2019, reserves were 15.2 billion barrels of oil equivalent, 58% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.8 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Milton Bryan W officer: Vice President 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Carr Ian S officer: Vice President 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Greenlee Stephen M officer: Vice President C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Reinemund Steven director 700 ANDERSON HILL RD PURCHASE NY 10577
Schleckser Robert N officer: Vice President and Treasurer 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Swiger Andrew P officer: Senior Vice President C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BLVD. IRVING TX 75039-2298
Duffin Neil W officer: Vice President C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BLVD. IRVING TX 75039-2298
Ebner Randall M officer: Vice President & Gen. Counsel 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Littleton Stephen A officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Hansen Neil A officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Weldon William C director 100 ALBANY STREET SUITE #200 NEW BRUNSWICK NJ 08901
Woods Darren W director, officer: Chairman and CEO C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Oberhelman Douglas R director 100 NE ADAMS STREET PEORIA IL 61629
Avery Susan K director 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Kandarian Steven A director METLIFE 200 PARK AVENUE NEW YORK NY 10166

Exxon Mobil Headlines

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