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. Exxon Mobil's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.76.
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, Exxon Mobil 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 Exxon Mobil's Cash-to-Debt or its related term are showing as below:
XOM'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.76
Current: 0.76
During the past 13 years, Exxon Mobil's highest Cash to Debt Ratio was 0.76. The lowest was 0.07. And the median was 0.09.
Exxon Mobil Cash-to-Debt Historical Data
The historical data trend for Exxon Mobil'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.
|
Exxon Mobil Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.07 |
0.07 |
0.14 |
0.72 |
0.76 |
|
Exxon Mobil 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.72 |
0.79 |
0.71 |
0.80 |
0.76 |
Competitive Comparison
For the Oil & Gas Integrated subindustry, Exxon Mobil'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.
Exxon Mobil Cash-to-Debt Distribution
For the Oil & Gas industry and Energy sector, Exxon Mobil's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Exxon Mobil's Cash-to-Debt falls into.
Exxon Mobil 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.
Exxon Mobil's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Exxon Mobil's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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 (Exxon Mobil) Business Description
Traded in Other Exchanges
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 |
Exxon Mobil (Exxon Mobil) Headlines
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