Financial Ratios - Exxon Mobil Corporation

Exxon Mobil Corporation has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $369,820 million
• Total Liabilities: $214,537 million
• Net Income: $20,768 million
• Total Revenue: $281,894 million
• Total Expenses: $261,126 million
• Average Shareholders' Equity: $155,283 million

Calculate the following financial ratios for Exxon Mobil Corporation:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Exxon Mobil Corporation based on these ratios.