EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $28.6B and total debt of $3.8B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $44.8B and $16.2B respectively. EOG Resources's EBIT is $9.3B making its interest coverage ratio -91.9. It has cash and short-term investments of $5.3B.
Key information
13.2%
Debt to equity ratio
US$3.79b
Debt
Interest coverage ratio | -91.9x |
Cash | US$5.29b |
Equity | US$28.64b |
Total liabilities | US$16.16b |
Total assets | US$44.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E1OG34's short term assets ($9.9B) exceed its short term liabilities ($4.3B).
Long Term Liabilities: E1OG34's short term assets ($9.9B) do not cover its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: E1OG34 has more cash than its total debt.
Reducing Debt: E1OG34's debt to equity ratio has reduced from 30.2% to 13.2% over the past 5 years.
Debt Coverage: E1OG34's debt is well covered by operating cash flow (289.8%).
Interest Coverage: E1OG34 earns more interest than it pays, so coverage of interest payments is not a concern.