Marathon Oil Balance Sheet Health
Financial Health criteria checks 2/6
Marathon Oil has a total shareholder equity of $11.2B and total debt of $5.4B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are $19.6B and $8.4B respectively. Marathon Oil's EBIT is $2.1B making its interest coverage ratio 6.2. It has cash and short-term investments of $164.0M.
Key information
48.4%
Debt to equity ratio
US$5.43b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$164.00m |
| Equity | US$11.21b |
| Total liabilities | US$8.37b |
| Total assets | US$19.58b |
Recent financial health updates
Is Marathon Oil (NYSE:MRO) A Risky Investment?
Apr 05
Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden
Jan 01Marathon Oil (NYSE:MRO) Seems To Use Debt Quite Sensibly
Sep 27Does Marathon Oil (NYSE:MRO) Have A Healthy Balance Sheet?
Jun 19Here's Why Marathon Oil (NYSE:MRO) Can Manage Its Debt Responsibly
Mar 14Marathon Oil (NYSE:MRO) Could Easily Take On More Debt
Dec 02Recent updates
Is There An Opportunity With Marathon Oil Corporation's (NYSE:MRO) 22% Undervaluation?
Apr 19Is Marathon Oil (NYSE:MRO) A Risky Investment?
Apr 05Marathon Oil: Strong Setup For 2024
Mar 24Marathon Oil (NYSE:MRO) Is Looking To Continue Growing Its Returns On Capital
Mar 07Marathon Oil: The Price Is Right
Mar 04Marathon Oil Corporation's (NYSE:MRO) Share Price Is Matching Sentiment Around Its Earnings
Feb 12Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden
Jan 01Marathon Oil: Opportunity To Buy An Energy Stock While Price Is Low And Demand Stabilizes
Dec 18There's Been No Shortage Of Growth Recently For Marathon Oil's (NYSE:MRO) Returns On Capital
Nov 22Marathon Oil: Free Cash Flow Machine And Portfolio Hedge
Nov 05Marathon Oil's (NYSE:MRO) Upcoming Dividend Will Be Larger Than Last Year's
Oct 31Marathon Oil Corporation (NYSE:MRO) Shares Could Be 35% Below Their Intrinsic Value Estimate
Oct 24Marathon Oil: A Top-Tier Oil Play And Potential M&A Target
Oct 24Marathon Oil (NYSE:MRO) Seems To Use Debt Quite Sensibly
Sep 27Accelerating Cash Flow Makes Marathon A Buy
Sep 22Marathon Oil: Low Dividend Payout Is Not Helping The Long Narrative
Sep 03Returns On Capital Are Showing Encouraging Signs At Marathon Oil (NYSE:MRO)
Aug 23Marathon Oil: Risk Factors In Gas Valuation And Limited Returns (Rating Downgrade)
Aug 19An Intrinsic Calculation For Marathon Oil Corporation (NYSE:MRO) Suggests It's 28% Undervalued
Jul 25With EPS Growth And More, Marathon Oil (NYSE:MRO) Makes An Interesting Case
Jul 01Marathon Oil: A Potential Dividend Powerhouse
Jun 21Does Marathon Oil (NYSE:MRO) Have A Healthy Balance Sheet?
Jun 19Marathon Oil: More Downside Risk
Jun 12Marathon Oil: Strong Headwinds Ahead
Jun 06Marathon Oil's (NYSE:MRO) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Marathon Oil (NYSE:MRO) Might Have The Makings Of A Multi-Bagger
May 09An Intrinsic Calculation For Marathon Oil Corporation (NYSE:MRO) Suggests It's 25% Undervalued
Apr 13We Ran A Stock Scan For Earnings Growth And Marathon Oil (NYSE:MRO) Passed With Ease
Mar 26Here's Why Marathon Oil (NYSE:MRO) Can Manage Its Debt Responsibly
Mar 14Marathon Oil: Shares Looking For Direction Post Q4 Earnings
Feb 17Returns On Capital Are A Standout For Marathon Oil (NYSE:MRO)
Jan 31Marathon Oil raises dividend by 11% to $0.10
Jan 25Marathon Oil: What To Expect From 2023
Jan 17Marathon Oil: Buying On A Fresh Swing Low (Technical Analysis)
Jan 04Is Marathon Oil Corporation (NYSE:MRO) Trading At A 42% Discount?
Dec 23Strong Fundamentals Support Marathon Oil Profitability In 2023
Dec 16Marathon Oil (NYSE:MRO) Could Easily Take On More Debt
Dec 02Financial Position Analysis
Short Term Liabilities: MRO's short term assets ($1.6B) do not cover its short term liabilities ($3.9B).
Long Term Liabilities: MRO's short term assets ($1.6B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: MRO's net debt to equity ratio (47%) is considered high.
Reducing Debt: MRO's debt to equity ratio has increased from 45.3% to 48.4% over the past 5 years.
Debt Coverage: MRO's debt is well covered by operating cash flow (75.3%).
Interest Coverage: MRO's interest payments on its debt are well covered by EBIT (6.2x coverage).