Total Debt (Carrying Amount)
Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).
Debt item | Description | The company |
---|---|---|
Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Royal Dutch Shell PLC total debt increased from 2012 to 2013 and from 2013 to 2014. |
Total Debt (Fair Value)
Dec 31, 2014 | |
---|---|
Selected Financial Data (US$ in millions) | |
Debt, excluding finance lease liabilities | 41,120) |
Finance lease liabilities | 6,702) |
Total debt (fair value) | 47,822) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 1.05 |
Based on: 20-F (reporting date: 2014-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 5.38%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
5.38% | 38,838) | 2,089) | |
Total | 38,838) | 2,089) | |
5.38% |
Based on: 20-F (reporting date: 2014-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 2,089 ÷ 38,838 = 5.38%
Interest Costs Incurred
Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).
Debt item | Description | The company |
---|---|---|
Interest expense, excluding accretion expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | Royal Dutch Shell PLC interest expense, excluding accretion expense decreased from 2012 to 2013 but then slightly increased from 2013 to 2014. |
Interest capitalised | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | Royal Dutch Shell PLC interest capitalised increased from 2012 to 2013 but then slightly decreased from 2013 to 2014. |
Interest incurred and similar charges | Total interest costs incurred during the period and either capitalized or charged against earnings. | Royal Dutch Shell PLC interest incurred and similar charges decreased from 2012 to 2013 but then increased from 2013 to 2014 exceeding 2012 level. |
Adjusted Interest Coverage Ratio
Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).
2014 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense, excluding accretion expense
= 29,079 ÷ 765 = 38.01
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest incurred and similar charges
= 29,079 ÷ 1,522 = 19.11
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | Royal Dutch Shell PLC adjusted interest coverage ratio deteriorated from 2012 to 2013 and from 2013 to 2014. |