Murphy Oil Balance Sheet Health
Financial Health criteria checks 4/6
Murphy Oil has a total shareholder equity of $5.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are $9.8B and $4.2B respectively. Murphy Oil's EBIT is $1.0B making its interest coverage ratio 9.4. It has cash and short-term investments of $317.1M.
Key information
23.9%
Debt to equity ratio
US$1.32b
Debt
Interest coverage ratio | 9.4x |
Cash | US$317.07m |
Equity | US$5.55b |
Total liabilities | US$4.22b |
Total assets | US$9.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUQ's short term assets ($752.2M) do not cover its short term liabilities ($846.5M).
Long Term Liabilities: MUQ's short term assets ($752.2M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: MUQ's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: MUQ's debt to equity ratio has reduced from 59.7% to 23.9% over the past 5 years.
Debt Coverage: MUQ's debt is well covered by operating cash flow (132%).
Interest Coverage: MUQ's interest payments on its debt are well covered by EBIT (9.4x coverage).