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 24.2%. Its total assets and total liabilities are $9.7B and $4.2B respectively. Murphy Oil's EBIT is $925.8M making its interest coverage ratio 9.1. It has cash and short-term investments of $323.4M.
Key information
24.2%
Debt to equity ratio
US$1.33b
Debt
Interest coverage ratio | 9.1x |
Cash | US$323.43m |
Equity | US$5.49b |
Total liabilities | US$4.18b |
Total assets | US$9.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K3S's short term assets ($760.9M) do not cover its short term liabilities ($818.2M).
Long Term Liabilities: 0K3S's short term assets ($760.9M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: 0K3S's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 0K3S's debt to equity ratio has reduced from 58.2% to 24.2% over the past 5 years.
Debt Coverage: 0K3S's debt is well covered by operating cash flow (140.5%).
Interest Coverage: 0K3S's interest payments on its debt are well covered by EBIT (9.1x coverage).