EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $29.6B and total debt of $3.7B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $46.2B and $16.6B respectively. EOG Resources's EBIT is $9.0B making its interest coverage ratio -85.9. It has cash and short-term investments of $6.1B.
Key information
12.7%
Debt to equity ratio
US$3.74b
Debt
| Interest coverage ratio | -85.9x |
| Cash | US$6.12b |
| Equity | US$29.57b |
| Total liabilities | US$16.58b |
| Total assets | US$46.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EO5's short term assets ($10.2B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: EO5's short term assets ($10.2B) do not cover its long term liabilities ($12.2B).
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 24.2% to 12.7% over the past 5 years.
Debt Coverage: EO5's debt is well covered by operating cash flow (333.6%).
Interest Coverage: EO5 earns more interest than it pays, so coverage of interest payments is not a concern.