Marathon Oil Balance Sheet Health
Financial Health criteria checks 2/6
Marathon Oil has a total shareholder equity of $11.2B and total debt of $5.9B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are $19.9B and $8.7B respectively. Marathon Oil's EBIT is $2.5B making its interest coverage ratio 8.7. It has cash and short-term investments of $225.0M.
Key information
52.1%
Debt to equity ratio
US$5.86b
Debt
Interest coverage ratio | 8.7x |
Cash | US$225.00m |
Equity | US$11.24b |
Total liabilities | US$8.68b |
Total assets | US$19.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MROIL's short term assets ($1.7B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: MROIL's short term assets ($1.7B) do not cover its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: MROIL's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: MROIL's debt to equity ratio has increased from 45.3% to 52.1% over the past 5 years.
Debt Coverage: MROIL's debt is well covered by operating cash flow (79%).
Interest Coverage: MROIL's interest payments on its debt are well covered by EBIT (8.7x coverage).