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 |
| Cash | US$5.43b |
| Equity | US$29.16b |
| Total liabilities | US$16.07b |
| Total assets | US$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.