How much debt does Wells Fargo & have?

According to Wells Fargo &'s latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Wells Fargo &'s total debt stands at $219.47B. This is broken down into:

• Long-term debt: $207.59B
• Short-term debt: $11.88B

The company's net debt, which accounts for cash and cash equivalents, is $-17.75B. In terms of overall financial obligations, Wells Fargo &'s total liabilities amount to $1.75T.

Debt Ratios and Metrics

To better understand Wells Fargo &'s debt position, we can look at several key ratios:

• Debt to Equity Ratio: 1.18 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 11.36% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 0.66 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 52.78% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 54.16% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Wells Fargo &'s financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.