MPLX Financial Health
How is MPLX's financial position?
[object Object] Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MPLX's short term assets ($2.0B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: MPLX's short term assets ($2.0B) do not cover its long term liabilities ($19.7B).
Debt to Equity History and Analysis
Debt Level: MPLX's net debt to equity ratio (146.2%) is considered high.
Reducing Debt: MPLX's debt to equity ratio has increased from 63.6% to 147% over the past 5 years.
Debt Coverage: MPLX's debt is well covered by operating cash flow (24.4%).
Interest Coverage: MPLX's interest payments on its debt are well covered by EBIT (5.4x coverage).