Today's special offer: Access for Free!!!

Chevron Corp. (CVX) | Analysis of Debt

Total Debt Disclosure

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Chevron Corp., Statement of Financial Position, Debt

USD $ in millions

Export to Excel Export to OpenOffice.org
    Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Short-term debt
chart Long-term debt
chart Capital lease obligations
chart Total debt

Source: Based on data from Chevron Corp., Annual Reports

Item Description The company
Total debt Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Chevron Corp.'s total debt increased from 2009 to 2010 but then declined significantly from 2010 to 2011.

Top

Interest Costs Incurred

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Chevron Corp.

USD $ in millions

Export to Excel Export to OpenOffice.org
  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Interest and debt expense
chart Capitalized interest
chart Financing interest and debt costs

Source: Based on data from Chevron Corp., Annual Reports

Item Description The company
Interest and debt expense Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings. Chevron Corp.'s interest and debt expense increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Capitalized interest The amount of interest that was capitalized during the period. Chevron Corp.'s capitalized interest declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Financing interest and debt costs Total interest costs incurred during the period and either capitalized or charged against earnings. Chevron Corp.'s financing interest and debt costs increased from 2009 to 2010 but then declined significantly from 2010 to 2011.

Top

Adjusted Interest Coverage Ratio

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Export to Excel Export to OpenOffice.org
    Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
  Selected Financial Data (USD $ in millions)
chart Net income attributable to Chevron Corporation
chart Add: Net income attributable to noncontrolling interests
chart Add: Interest and debt expense
chart Add: Income tax expense (benefit)
chart Earnings before interest and tax (EBIT)
   
chart Financing interest and debt costs
  Ratio With and Without Capitalized Interest
chart Interest coverage ratio (excluding capitalized interest)1
chart Adjusted interest coverage ratio (including capitalized interest)2

2011 Calculations

1 Interest coverage ratio (excluding capitalized interest) = EBIT ÷ Interest and debt expense
= ÷ =

2 Adjusted interest coverage ratio (including capitalized interest) = EBIT ÷ Financing interest and debt costs
= ÷ =

Ratio Description The company
Adjusted interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). Chevron Corp.'s adjusted interest coverage ratio improved from 2009 to 2010 and from 2010 to 2011.

Top

Stock Analysis on Net (www.stock-analysis-on.net)
Copyright © 2012 EBIT Financial Analyses Center