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Murphy Oil has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.Murphy Oil's Interest Coverage for the quarter that ended in Mar. 2024 was 9.85. Murphy Oil's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.64. As of today, Murphy Oil's Altman Z-Score is 2.55.
For the Oil & Gas E&P subindustry, Murphy Oil's Financial Strength, along with its competitors' market caps and Financial Strength 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.
For the Oil & Gas industry and Energy sector, Murphy Oil's Financial Strength distribution charts can be found below:
* The bar in red indicates where Murphy Oil's Financial Strength falls into.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Murphy Oil's Interest Expense for the months ended in Mar. 2024 was $-20 Mil. Its Operating Income for the months ended in Mar. 2024 was $197 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,845 Mil.
Murphy Oil's Interest Coverage for the quarter that ended in Mar. 2024 is
Interest Coverage | = | -1 | * | Operating Income (Q: Mar. 2024 ) | / | Interest Expense (Q: Mar. 2024 ) |
= | -1 | * | 197.107 | / | -20.021 | |
= | 9.85 |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Murphy Oil's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
Debt to Revenue Ratio | = | Total Debt (Q: Mar. 2024 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (180.201 | + | 1845.189) | / | 3179.392 | |
= | 0.64 |
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Murphy Oil has a Z-score of 2.55, indicating it is in Grey Zones. This implies that Murphy Oil is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.55 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Murphy Oil (NYSE:MUR) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
Murphy Oil has the Financial Strength Rank of 6.
Thank you for viewing the detailed overview of Murphy Oil's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Elisabeth W Keller | director | 300 PEACH ST., EL DORADO AR 71730 |
Robert Madison Murphy | director | 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730 |
John B Gardner | officer: Treasurer | 200 PEACH ST, EL DORADO AR 71730 |
Thomas J Mireles | officer: Vice President | 200 PEACH STREET, P O BOX 7000, EL DORADO AR 71730 |
Paul D. Vaughan | officer: Vice President & Controller | 9805 KATY FREEWAY G-200, HOUSTON TX 77024 |
Meenambigai Palanivelu | officer: Vice President | 9805 KATY FREEWAY G-200, HOUSTON TX 77024 |
Daniel R Hanchera | officer: Senior Vice President | 9805 KATY FREEWAY G-200, HOUSTON TX 77024 |
Eric M Hambly | officer: Executive Vice President | 300 PEACH STREET, EL DORADO AR 71730 |
Roger W. Jenkins | officer: Executive Vice President | 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730 |
Kelly L Whitley | officer: Vice President | 200 PEACH ST., EL DORADO AR 71730 |
Louis W Utsch | officer: Vice President | 300 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730 |
Maria A Martinez | officer: Vice President | 300 PEACH STREET, EL DORADO AR 71730 |
T Jay Collins | director | C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011 |
Leyster L. Jumawan | officer: Vice President & Treasurer | 9805 KATY FREEWAY G-200, HOUSTON TX 77024 |
E Ted Botner | officer: Secretary | 200 PEACH ST, EL DORADO AR 71730 |
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