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Marathon Oil (Marathon Oil) Liabilities-to-Assets : 0.43 (As of Dec. 2023)


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What is Marathon Oil Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Marathon Oil's Total Liabilities for the quarter that ended in Dec. 2023 was $8,370 Mil. Marathon Oil's Total Assets for the quarter that ended in Dec. 2023 was $19,575 Mil. Therefore, Marathon Oil's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.43.


Marathon Oil Liabilities-to-Assets Historical Data

The historical data trend for Marathon Oil's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marathon Oil Liabilities-to-Assets Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.41 0.37 0.43 0.43

Marathon Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.43 0.44 0.44 0.43

Competitive Comparison of Marathon Oil's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Marathon Oil's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Oil's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Oil's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Marathon Oil's Liabilities-to-Assets falls into.



Marathon Oil Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Marathon Oil's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=8370/19575
=0.43

Marathon Oil's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=8370/19575
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marathon Oil  (NYSE:MRO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Marathon Oil Liabilities-to-Assets Related Terms

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Marathon Oil (Marathon Oil) Business Description

Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
Executives
Dane E Whitehead officer: Executive VP and CFO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Michael A Henderson officer: Senior VP, Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Patrick Wagner officer: See Remarks 1401 MC KINNEY ST., SUITE 2400, HOUSTON TX 77010
Lee M Tillman director, officer: President and CEO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Rob L. White officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 990 TOWN & COUNTRY BOULEVARD, HOUSTON TX 77024
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mark A Mccollum director 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77002
Kimberly O. Warnica officer: Senior VP & General Counsel 505 TRAILS END, HOUSTON TX 77024
Gary Eugene Wilson officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Brent J Smolik director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
James Kent Wells director 1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Jason Few director 2201 COLQUITT STREET, HOUSTON TX 77098
Thomas Mitchell Little officer: Executive VP - Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
M Elise Hyland director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222

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