Marathon Oil Balance Sheet Health
Financial Health criteria checks 2/6
Marathon Oil has a total shareholder equity of $11.1B and total debt of $5.4B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are $19.7B and $8.5B respectively. Marathon Oil's EBIT is $2.0B making its interest coverage ratio 6.1. It has cash and short-term investments of $58.0M.
Key information
48.7%
Debt to equity ratio
US$5.43b
Debt
Interest coverage ratio | 6.1x |
Cash | US$58.00m |
Equity | US$11.14b |
Total liabilities | US$8.52b |
Total assets | US$19.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JY9's short term assets ($1.6B) do not cover its short term liabilities ($2.8B).
Long Term Liabilities: 0JY9's short term assets ($1.6B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: 0JY9's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: 0JY9's debt to equity ratio has increased from 45.1% to 48.7% over the past 5 years.
Debt Coverage: 0JY9's debt is well covered by operating cash flow (73.3%).
Interest Coverage: 0JY9's interest payments on its debt are well covered by EBIT (6.1x coverage).