As of Q4'25, ExxonMobil's cash and short-term investments have declined to USD 10.7B, while total debt has surged to USD 70.3B. This marks a significant shift in the company's balance sheet, with cash reserves reaching their lowest point in the observed period and debt peaking sharply at year-end 2025. From Q1'23 to Q4'25, the chart shows a pronounced downward trend in cash and short-term investments, falling from USD 32.7B to USD 10.7B. In contrast, debt remained relatively stable between USD 41B and USD 43B through most of the period, before spiking dramatically in the final quarter of 2025. This divergence suggests increasing financial leverage and potential liquidity pressure for ExxonMobil over the covered timeframe.