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EOG Resources Cash-to-Debt

: 0.58 (As of Jun. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. EOG Resources's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.58.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, EOG Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

The historical rank and industry rank for EOG Resources's Cash-to-Debt or its related term are showing as below:

EOG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.13   Max: 1.14
Current: 0.75

During the past 13 years, EOG Resources's highest Cash to Debt Ratio was 1.14. The lowest was 0.00. And the median was 0.13.

EOG's Cash-to-Debt is ranked better than
56.79% of 1039 companies
in the Oil & Gas industry
Industry Median: 0.51 vs EOG: 0.75

EOG Resources Cash-to-Debt Historical Data

The historical data trend for EOG Resources's Cash-to-Debt 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.

EOG Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.26 0.37 0.49 0.88

EOG Resources Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.72 0.80 0.88 0.75 0.58

Competitive Comparison

For the Oil & Gas E&P subindustry, EOG Resources's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

   

EOG Resources Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, EOG Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EOG Resources's Cash-to-Debt falls into.



EOG Resources Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

EOG Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

EOG Resources's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


EOG Resources  (NYSE:EOG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


EOG Resources Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of EOG Resources's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


EOG Resources Business Description

EOG Resources logo
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2021, it reported net proved reserves of 3.7 billion barrels of oil equivalent. Net production averaged 829 thousand barrels of oil equivalent per day in 2021 at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Leitzell Jeffrey R. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Kerr Michael T. director 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Robertson Julie J director 13135 S DAIRY ASHFORD STE 800 SUGAR LAND TX 77478
Boedeker Kenneth W. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Yacob Ezra Y officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Gaut C Christopher director 1401 MCKINNEY STREET SUITE 2400 HOUSTON TX 77010
Daniels Robert P director EOG RESOURCES, INC 1111 BAGBY STREET, SKY LOBBY 2 HOUSTON TX 77002
Clark Janet F director
Trice David W officer: EVP, Exploration & Production 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Donaldson Michael P officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET SKY LOBBY 2 HOUSTON TX 77002
Thomas William R. officer: Sr. Executive VP, Exploitation 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Janssen Ann D. officer: VP, Accounting 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Day James C director CIRCLE ?D? 2277 PLAZA DRIVE, SUITE 630 SUGAR LAND TX 77479
Plaeger Frederick J. Ii officer: Senior VP & General Counsel P.O. BOX 4362 HOUSTON TX 77210-4362

EOG Resources Headlines

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