ConocoPhillips Balance Sheet Health
Financial Health criteria checks 5/6
ConocoPhillips has a total shareholder equity of $49.7B and total debt of $17.3B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are $96.0B and $46.2B respectively. ConocoPhillips's EBIT is $16.1B making its interest coverage ratio 39.9. It has cash and short-term investments of $6.0B.
Key information
34.8%
Debt to equity ratio
US$17.32b
Debt
| Interest coverage ratio | 39.9x |
| Cash | US$6.02b |
| Equity | US$49.75b |
| Total liabilities | US$46.25b |
| Total assets | US$95.99b |
Recent financial health updates
These 4 Measures Indicate That ConocoPhillips (NYSE:COP) Is Using Debt Reasonably Well
Sep 04
Is ConocoPhillips (NYSE:COP) Using Too Much Debt?
Apr 28We Think ConocoPhillips (NYSE:COP) Can Stay On Top Of Its Debt
Dec 26Is ConocoPhillips (NYSE:COP) Using Too Much Debt?
Sep 25ConocoPhillips (NYSE:COP) Seems To Use Debt Rather Sparingly
May 08Recent updates
These 4 Measures Indicate That ConocoPhillips (NYSE:COP) Is Using Debt Reasonably Well
Sep 04Energy Payday: ConocoPhillips' Blueprint For Dividend Investors
Aug 28ConocoPhillips (NYSE:COP) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Aug 03A Look At The Fair Value Of ConocoPhillips (NYSE:COP)
Jul 26ConocoPhillips: Improving Natural Gas Outlook Should Encourage Investors
Jul 09ConocoPhillips' (NYSE:COP) Prospects Need A Boost To Lift Shares
Jun 10ConocoPhillips' Marathon Oil Purchase Is An Accretive Action
May 29ConocoPhillips: Delaware, Willow And The Decade Of Low-Risk Growth
May 18Shareholders Will Probably Hold Off On Increasing ConocoPhillips' (NYSE:COP) CEO Compensation For The Time Being
May 08Is ConocoPhillips (NYSE:COP) Using Too Much Debt?
Apr 28ConocoPhillips: About That Extra Mile
Apr 24ConocoPhillips: Oil At $85, Buy Or Sell?
Apr 11ConocoPhillips: Accept Lower Returns For Reliability
Mar 06Calculating The Intrinsic Value Of ConocoPhillips (NYSE:COP)
Feb 24Little Excitement Around ConocoPhillips' (NYSE:COP) Earnings
Jan 25ConocoPhillips: Wrapping Up Another Year Of Strong Shareholder Returns
Jan 22ConocoPhillips Deserves Its Higher Share Price
Dec 31We Think ConocoPhillips (NYSE:COP) Can Stay On Top Of Its Debt
Dec 26ConocoPhillips: A Top Dividend Growth Bet For 2024 (Rating Upgrade)
Dec 22ConocoPhillips In 'The Age Of Energy Abundance'
Dec 16ConocoPhillips: Opportunity To Sell At Gain While Price Is Above 200-Day Average
Dec 06Estimating The Intrinsic Value Of ConocoPhillips (NYSE:COP)
Nov 23ConocoPhillips: Beating Big Brothers Exxon And Chevron
Oct 31Is ConocoPhillips (NYSE:COP) Using Too Much Debt?
Sep 25ConocoPhillips: A Solid E&P With A Strong LNG Growth Prospect
Sep 24ConocoPhillips: Steady, Simply Steady
Aug 22ConocoPhillips: A Value-Rich Energy Operator
Aug 15Estimating The Fair Value Of ConocoPhillips (NYSE:COP)
Aug 14ConocoPhillips Is Interesting In An Expensive Market
Jul 18We Ran A Stock Scan For Earnings Growth And ConocoPhillips (NYSE:COP) Passed With Ease
Jul 09ConocoPhillips: A Solid Oil Producer Going Through A Weak Period
Jun 14ConocoPhillips (NYSE:COP) Seems To Use Debt Rather Sparingly
May 08Estimating The Fair Value Of ConocoPhillips (NYSE:COP)
Apr 23Is Now The Time To Put ConocoPhillips (NYSE:COP) On Your Watchlist?
Mar 13ConocoPhillips: Solid Q4 Results, Modest Forward Growth, Attractive Valuation
Feb 07Financial Position Analysis
Short Term Liabilities: COP's short term assets ($13.7B) exceed its short term liabilities ($10.3B).
Long Term Liabilities: COP's short term assets ($13.7B) do not cover its long term liabilities ($35.9B).
Debt to Equity History and Analysis
Debt Level: COP's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: COP's debt to equity ratio has reduced from 42.9% to 34.8% over the past 5 years.
Debt Coverage: COP's debt is well covered by operating cash flow (119%).
Interest Coverage: COP's interest payments on its debt are well covered by EBIT (39.9x coverage).