Quick Ratio Analysis of Marathon Oil Corporation - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.353


Poor Quick Ratio
Period Ending - Dec-22
0.670

Not Good Quick Ratio
Growth
-47.40 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.484


Poor Quick Ratio
Quick Ratio Analysis of Marathon Oil Corporation
Quick Ratio of Marathon Oil Corporation with value of 0.353 indicates company has highly illiquid balance sheet ro pay its obligations.
Quick Ratio of Marathon Oil Corporation with value of 0.484 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of MRO drastically fell by -47.40 % this year.
Quick Ratio with value of 1.27 was highest in Year Dec-20 in last Five Years.
Quick Ratio of MRO trending down for at least three Years.
Latest Quick Ratio with value of 0.353 is lower than Average Quick Ratio of 0.907 in last five years.
Other Quick Ratio Related Info of MRO that may interest you.
Marathon Oil Corporation Overview
CodePricePrevious PricePrice ChangeSector
MRO27.3227.3 0.073 % Oil & Gas E&P
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
Good Stability
FY - Historical Quick Ratio of Marathon Oil Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.3530.6701.071.271.181.541.24
Change-47.40 %-37.07 %-15.87 %7.11 %-23.33 %24.37 %-19.22 %
You are view first 7 Records. Log in to view all 34 in Premium view
FY Chart of Quick Ratio of Marathon Oil Corporation


Note : All Data Generated at the End of Trading Hours (EOD Data)