Murphy USA Inc (MUSA)
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 | 840,100 | 828,900 | 640,700 | 807,200 | 784,100 |
| 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 ÷ $840,100K
= 0.00
Murphy USA Inc 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 relied on debt to finance its operations and investments during this period. A debt-to-equity ratio of 0.00 signifies that the company's equity base is entirely funding its operations, which can be seen as a positive sign of financial stability and strength. It suggests that Murphy USA Inc may have a solid financial position with low financial risk as it is not burdened by significant debt obligations. This conservative approach to capital structure management may provide the company with greater flexibility and resilience in navigating economic challenges and pursuing growth opportunities.
Peer comparison
Dec 31, 2024