Shell (SHEL) Equity-to-Asset

: 0.46 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shell's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $186,607 Mil. Shell's Total Assets for the quarter that ended in Dec. 2023 was $406,270 Mil. Therefore, Shell's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

SHEL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.46 Max: 0.5
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Shell was 0.50. The lowest was 0.41. And the median was 0.46.

SHEL's Equity-to-Asset is ranked worse than
56.43% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs SHEL: 0.46

Shell Equity-to-Asset Historical Data

The historical data trend for Shell'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.

Shell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.46

0.41

0.43

0.46

Shell Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.43	0.45	0.46	0.46	0.46

Competitive Comparison

For the Oil & Gas Integrated subindustry, Shell'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.

Shell Equity-to-Asset Distribution

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

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

Shell 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.

Shell'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
	=	186607	/	406270
	=	0.46

Shell's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	186607	/	406270
	=	0.46

Shell (NYSE:SHEL) 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%.

Shell Equity-to-Asset Related Terms

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

Shell (SHEL) Business Description

Industry

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

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.