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
These 4 Measures Indicate That Murphy Oil (NYSE:MUR) Is Using Debt Reasonably Well
Mar 13
We Think Murphy Oil (NYSE:MUR) Can Stay On Top Of Its Debt
Nov 09Is Murphy Oil (NYSE:MUR) Using Too Much Debt?
Aug 04Here's Why Murphy Oil (NYSE:MUR) Can Manage Its Debt Responsibly
May 05We Think Murphy Oil (NYSE:MUR) Can Stay On Top Of Its Debt
Dec 20Does Murphy Oil (NYSE:MUR) Have A Healthy Balance Sheet?
Sep 19Recent updates
Is There An Opportunity With Murphy Oil Corporation's (NYSE:MUR) 32% Undervaluation?
May 22Murphy Oil: Lining Up Growth Projects
May 03We Think Some Shareholders May Hesitate To Increase Murphy Oil Corporation's (NYSE:MUR) CEO Compensation
May 02A Piece Of The Puzzle Missing From Murphy Oil Corporation's (NYSE:MUR) Share Price
Apr 13We Like These Underlying Return On Capital Trends At Murphy Oil (NYSE:MUR)
Mar 29These 4 Measures Indicate That Murphy Oil (NYSE:MUR) Is Using Debt Reasonably Well
Mar 13Murphy Oil: Strategic Benefits Of Portfolio Shuffling
Feb 28Murphy Oil's (NYSE:MUR) Upcoming Dividend Will Be Larger Than Last Year's
Feb 08Murphy Oil Corporation's (NYSE:MUR) Low P/E No Reason For Excitement
Jan 05Returns At Murphy Oil (NYSE:MUR) Are On The Way Up
Dec 21Murphy Oil: An Offshore Discovery Heads Towards Production
Nov 27We Think Murphy Oil (NYSE:MUR) Can Stay On Top Of Its Debt
Nov 09Murphy Oil Corporation's (NYSE:MUR) Intrinsic Value Is Potentially 37% Above Its Share Price
Oct 27Murphy Oil (NYSE:MUR) Might Have The Makings Of A Multi-Bagger
Sep 19Murphy Oil: Adding Risk By Expanding In West Africa
Sep 10With EPS Growth And More, Murphy Oil (NYSE:MUR) Makes An Interesting Case
Sep 05Murphy Oil: Small Fish In A Big Pond
Aug 15Murphy Oil (NYSE:MUR) Is Paying Out A Larger Dividend Than Last Year
Aug 09Is Murphy Oil (NYSE:MUR) Using Too Much Debt?
Aug 04Calculating The Fair Value Of Murphy Oil Corporation (NYSE:MUR)
Jul 23Murphy Oil: A Small But Solid Domestic E&P Company
Jun 26Shareholders Would Enjoy A Repeat Of Murphy Oil's (NYSE:MUR) Recent Growth In Returns
Jun 07Here's Why Murphy Oil (NYSE:MUR) Can Manage Its Debt Responsibly
May 05Is Murphy Oil Corporation (NYSE:MUR) Trading At A 27% Discount?
Apr 17Revenue Downgrade: Here's What Analysts Forecast For Murphy Oil Corporation (NYSE:MUR)
Jan 28Murphy Oil Q4 2022 Earnings Preview
Jan 25The Return Trends At Murphy Oil (NYSE:MUR) Look Promising
Jan 10We Think Murphy Oil (NYSE:MUR) Can Stay On Top Of Its Debt
Dec 20Murphy Oil: Strong Oil Equivalent Production In Q3
Nov 07Murphy Oil to redeem $200M of senior notes due 2025
Oct 31Murphy Oil (NYSE:MUR) Is Doing The Right Things To Multiply Its Share Price
Oct 10Murphy Oil: Raising Production Guidance Is A Plus
Oct 04Does Murphy Oil (NYSE:MUR) Have A Healthy Balance Sheet?
Sep 19Financial Position Analysis
Short Term Liabilities: MUR's short term assets ($760.9M) do not cover its short term liabilities ($818.2M).
Long Term Liabilities: MUR's short term assets ($760.9M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: MUR's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: MUR's debt to equity ratio has reduced from 58.2% to 24.2% over the past 5 years.
Debt Coverage: MUR's debt is well covered by operating cash flow (140.5%).
Interest Coverage: MUR's interest payments on its debt are well covered by EBIT (9.1x coverage).