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Exxon Mobil (Exxon Mobil) Equity-to-Asset : 0.54 (As of Mar. 2024)


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What is Exxon Mobil Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Exxon Mobil's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $205,250 Mil. Exxon Mobil's Total Assets for the quarter that ended in Mar. 2024 was $377,918 Mil. Therefore, Exxon Mobil's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.54.

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

XOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.51   Max: 0.55
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Exxon Mobil was 0.55. The lowest was 0.47. And the median was 0.51.

XOM's Equity-to-Asset is ranked better than
57.69% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs XOM: 0.54

Exxon Mobil Equity-to-Asset Historical Data

The historical data trend for Exxon Mobil's Equity-to-Asset 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 Equity-to-Asset Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.47 0.50 0.53 0.54

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 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 0.54 0.55 0.54 0.54 0.54

Competitive Comparison of Exxon Mobil's Equity-to-Asset

For the Oil & Gas Integrated subindustry, Exxon Mobil's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Exxon Mobil Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Exxon Mobil's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=204802/376317
=0.54

Exxon Mobil's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=205250/377918
=0.54

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Exxon Mobil Equity-to-Asset Related Terms

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


Exxon Mobil (Exxon Mobil) Business Description

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 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

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