EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $27.8B and total debt of $3.8B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $43.6B and $15.9B respectively. EOG Resources's EBIT is $9.9B making its interest coverage ratio 141.3. It has cash and short-term investments of $5.3B.
Key information
13.7%
Debt to equity ratio
US$3.81b
Debt
Interest coverage ratio | 141.3x |
Cash | US$5.33b |
Equity | US$27.76b |
Total liabilities | US$15.89b |
Total assets | US$43.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EO5's short term assets ($10.3B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: EO5's short term assets ($10.3B) do not cover its long term liabilities ($11.7B).
Debt to Equity History and Analysis
Debt Level: EO5 has more cash than its total debt.
Reducing Debt: EO5's debt to equity ratio has reduced from 34.7% to 13.7% over the past 5 years.
Debt Coverage: EO5's debt is well covered by operating cash flow (306.9%).
Interest Coverage: EO5's interest payments on its debt are well covered by EBIT (141.3x coverage).