Murphy Oil Corporation (MUR)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,194,250 | 5,362,790 | 4,994,800 | 4,320,800 | 4,394,100 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,194,250K
= 0.00
Based on the data provided, Murphy Oil Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are either extremely low or non-existent compared to its shareholders' equity, suggesting a low financial risk and a conservative approach to financing its operations. Murphy Oil Corporation's ability to operate without relying on debt financing may reflect a strong financial position and effective management of its capital structure.
Peer comparison
Dec 31, 2024