Murphy USA Inc (MUSA)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 4,541,600 | 4,402,400 | 4,429,900 | 4,307,000 | 4,472,100 | 4,305,300 | 4,204,800 | 4,119,200 | 4,123,200 | 4,135,100 | 4,217,800 | 4,206,200 | 4,048,200 | 4,094,300 | 3,986,100 | 3,980,600 | 2,685,700 | 2,788,200 | 2,860,700 | 2,583,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Murphy USA Inc's debt-to-assets ratio has consistently remained at 0.00 over the past several quarters, indicating that the company has no debt in relation to its total assets during the period from March 31, 2020, to December 31, 2024. A 0.00 debt-to-assets ratio implies that the company's assets are primarily financed by equity rather than debt. This may suggest a strong financial position, as lower debt levels can lead to reduced financial risk and greater financial flexibility for the company. However, it is important to note that a debt-to-assets ratio of 0.00 may also indicate that the company is not taking advantage of debt financing opportunities that could potentially enhance growth or profitability. Overall, Murphy USA Inc's consistent 0.00 debt-to-assets ratio provides insight into the company's capital structure and financial strategy over the analyzed period.
Peer comparison
Dec 31, 2024