Murphy USA Inc (MUSA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,541,600 | 4,340,100 | 4,123,200 | 4,048,200 | 2,685,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,541,600K
= 0.00
The debt-to-assets ratio of Murphy USA Inc has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity rather than debt. This can be seen as a positive indicator, as lower debt levels can lead to lower financial risk and increased financial stability for the company. It suggests that the company may have a strong financial position and may be less vulnerable to financial distress caused by debt-related issues.
Peer comparison
Dec 31, 2024