EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $28.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $43.9B and $15.8B respectively. EOG Resources's EBIT is $9.5B making its interest coverage ratio -103.7. It has cash and short-term investments of $5.3B.
Key information
12.9%
Debt to equity ratio
US$3.62b
Debt
Interest coverage ratio | -103.7x |
Cash | US$5.28b |
Equity | US$28.09b |
Total liabilities | US$15.77b |
Total assets | US$43.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EO5's short term assets ($9.9B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: EO5's short term assets ($9.9B) 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 31% to 12.9% over the past 5 years.
Debt Coverage: EO5's debt is well covered by operating cash flow (313.6%).
Interest Coverage: EO5 earns more interest than it pays, so coverage of interest payments is not a concern.