Marathon Debt Equity Ratio from 2010 to 2024
| MRO Stock | USD 28.55 0.37 1.28% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.4844266 | Current Value 0.69 | Quarterly Volatility 0.21030219 |
Check Marathon Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marathon Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 360.1 M or Total Revenue of 6.1 B, as well as many indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.0163 or PTB Ratio of 1.26. Marathon financial statements analysis is a perfect complement when working with Marathon Oil Valuation or Volatility modules.
Marathon | Debt Equity Ratio |
Latest Marathon Oil's Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Marathon Oil over the last few years. It is Marathon Oil's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marathon Oil's overall financial position and show how it may be relating to other accounts over time.
| Debt Equity Ratio | 10 Years Trend |
|
Debt Equity Ratio |
| Timeline |
Marathon Debt Equity Ratio Regression Statistics
| Arithmetic Mean | 0.48 | |
| Geometric Mean | 0.45 | |
| Coefficient Of Variation | 43.72 | |
| Mean Deviation | 0.13 | |
| Median | 0.45 | |
| Standard Deviation | 0.21 | |
| Sample Variance | 0.04 | |
| Range | 0.8682 | |
| R-Value | (0.03) | |
| Mean Square Error | 0.05 | |
| R-Squared | 0.0007 | |
| Significance | 0.92 | |
| Slope | (0) | |
| Total Sum of Squares | 0.62 |
Marathon Debt Equity Ratio History
About Marathon Oil Financial Statements
Marathon Oil investors utilize fundamental indicators, such as Debt Equity Ratio, to predict how Marathon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Equity Ratio | 0.48 | 0.69 |
Pair Trading with Marathon Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marathon Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marathon Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Marathon Stock
| 0.83 | PR | Permian Resources Aggressive Push | PairCorr |
The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marathon Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marathon Oil to buy it.
The correlation of Marathon Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marathon Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Marathon Oil Correlation against competitors. To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Oil. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 0.44 | Earnings Share 2.32 | Revenue Per Share 11.445 | Quarterly Revenue Growth (0.02) |
The market value of Marathon Oil is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Oil's market value can be influenced by many factors that don't directly affect Marathon Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.