Marathon Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Marathon Petroleum has a total shareholder equity of $29.8B and total debt of $26.8B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are $85.5B and $55.8B respectively. Marathon Petroleum's EBIT is $11.3B making its interest coverage ratio 14.6. It has cash and short-term investments of $7.6B.
Key information
90.1%
Debt to equity ratio
US$26.83b
Debt
Interest coverage ratio | 14.6x |
Cash | US$7.57b |
Equity | US$29.77b |
Total liabilities | US$55.76b |
Total assets | US$85.53b |
Recent financial health updates
These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
May 22Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?
Feb 19Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly
Sep 30Is Marathon Petroleum (NYSE:MPC) A Risky Investment?
Jun 16Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly
Mar 06These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
Nov 18Recent updates
These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
May 22Marathon Petroleum: The Buyback King Of The Energy Sector Continues To Shine
May 02Analysts Are Updating Their Marathon Petroleum Corporation (NYSE:MPC) Estimates After Its First-Quarter Results
May 02Marathon Petroleum: Still Has Gas In The Tank After 100% Returns
Apr 08Marathon: Share Repurchases Continue To Generate Value (Downgrade)
Mar 1522% Return Per Year Since 2012 - How Unstoppable Is Marathon Petroleum?
Feb 20Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?
Feb 19Calculating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)
Jan 21Marathon Petroleum's Comfortable Market Position Suggests A Buy On Weakness
Jan 19Earnings Working Against Marathon Petroleum Corporation's (NYSE:MPC) Share Price
Jan 03Marathon Petroleum Still A Buy For The Long Haul
Jan 02Marathon Petroleum: In It For The Long Run
Dec 19Marathon Petroleum: Sum Of The Parts Upside Remains
Nov 25Marathon Petroleum Is A Buyback Monster
Nov 09Marathon Petroleum (NYSE:MPC) Has Announced That It Will Be Increasing Its Dividend To $0.825
Nov 01Here's Why We Think Marathon Petroleum (NYSE:MPC) Might Deserve Your Attention Today
Oct 31Marathon Petroleum: Gasoline Crack Spread Plunges, 2024 Earnings Outlook In Question
Oct 19Marathon Petroleum: Oil Price Shock Spells Trouble For Refining Margins (Rating Downgrade)
Oct 10Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly
Sep 30Marathon Petroleum: An Impressive Ascension, But It May Not Last Forever
Sep 19Marathon Petroleum: Elevated Crack Spreads And Share Repurchases Make This Attractive
Sep 06Estimating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)
Aug 25Marathon Petroleum: Investing In The Fossil Fuel 'Supernova'
Aug 09Marathon Petroleum Q2 Earnings: Why This Stock Is An Attractive Investment
Aug 01Do Marathon Petroleum's (NYSE:MPC) Earnings Warrant Your Attention?
Jul 19Marathon Petroleum: Potential Positive Returns With Tight Markets
Jul 06What To Make Of Marathon Petroleum's Dividend
Jun 21Is Marathon Petroleum (NYSE:MPC) A Risky Investment?
Jun 16The Dividend Investor's Oil Playbook - Part 2
Jun 01Estimating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)
Apr 11Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly
Mar 06My Top 5 Stocks To Own In The S&P 500
Feb 22Here's Why We Think Marathon Petroleum (NYSE:MPC) Is Well Worth Watching
Feb 16Marathon Petroleum: Great Performance, But Will It Last?
Feb 14Marathon Petroleum declares $0.75 dividend
Jan 27Marathon Petroleum: Low Natural Gas Provides Support
Jan 11A Look At The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)
Dec 24These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
Nov 18Here's Why We Think Marathon Petroleum (NYSE:MPC) Might Deserve Your Attention Today
Nov 03Financial Position Analysis
Short Term Liabilities: MPC's short term assets ($31.3B) exceed its short term liabilities ($21.8B).
Long Term Liabilities: MPC's short term assets ($31.3B) do not cover its long term liabilities ($34.0B).
Debt to Equity History and Analysis
Debt Level: MPC's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: MPC's debt to equity ratio has increased from 62.6% to 90.1% over the past 5 years.
Debt Coverage: MPC's debt is well covered by operating cash flow (43.2%).
Interest Coverage: MPC's interest payments on its debt are well covered by EBIT (14.6x coverage).