EOG Resources Balance Sheet Health

Financial Health criteria checks 5/6

EOG Resources has a total shareholder equity of $29.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are $45.2B and $16.1B respectively. EOG Resources's EBIT is $9.4B making its interest coverage ratio -94.4. It has cash and short-term investments of $5.4B.

Key information

13.0%

Debt to equity ratio

US$3.78b

Debt

Interest coverage ratio-94.4x
CashUS$5.43b
EquityUS$29.16b
Total liabilitiesUS$16.07b
Total assetsUS$45.22b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0IDR's short term assets ($9.8B) exceed its short term liabilities ($4.6B).

Long Term Liabilities: 0IDR's short term assets ($9.8B) do not cover its long term liabilities ($11.4B).


Debt to Equity History and Analysis

Debt Level: 0IDR has more cash than its total debt.

Reducing Debt: 0IDR's debt to equity ratio has reduced from 24.8% to 13% over the past 5 years.

Debt Coverage: 0IDR's debt is well covered by operating cash flow (306.6%).

Interest Coverage: 0IDR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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