Stock Analysis on Net
Stock Analysis on Net

ConocoPhillips (NYSE:COP)

This company was transferred to the archive: financial data is no longer updated!

Analysis of Solvency Ratios
Quarterly Data

Beginner level

Solvency Ratios (Summary)

ConocoPhillips, solvency ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Debt Ratios
Debt to equity 0.48 0.48 0.43 0.42 0.45 0.45 0.47 0.47 0.48 0.56 0.64 0.69 0.77 0.75 0.78 0.79 0.76 0.75 0.63 0.56 0.51 0.46
Debt to capital 0.32 0.32 0.30 0.30 0.31 0.31 0.32 0.32 0.33 0.36 0.39 0.41 0.44 0.43 0.44 0.44 0.43 0.43 0.38 0.36 0.34 0.32
Debt to assets 0.24 0.23 0.21 0.21 0.21 0.21 0.21 0.21 0.22 0.24 0.27 0.28 0.30 0.30 0.30 0.30 0.30 0.30 0.26 0.23 0.22 0.20
Financial leverage 2.00 2.08 2.02 2.00 2.16 2.18 2.19 2.21 2.22 2.32 2.40 2.45 2.58 2.49 2.57 2.61 2.56 2.55 2.45 2.40 2.30 2.26
Coverage Ratios
Interest coverage 5.13 8.06 13.24 15.17 14.37 14.88 14.57 12.16 8.61 0.37 -1.38 -2.32 -3.91 -1.77 -3.44 -7.84 -8.68 -8.12 -6.87

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. ConocoPhillips’s debt to equity ratio deteriorated from Q4 2019 to Q1 2020 but then slightly improved from Q1 2020 to Q2 2020.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. ConocoPhillips’s debt to capital ratio deteriorated from Q4 2019 to Q1 2020 but then slightly improved from Q1 2020 to Q2 2020.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. ConocoPhillips’s debt to assets ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. ConocoPhillips’s financial leverage ratio increased from Q4 2019 to Q1 2020 but then decreased significantly from Q1 2020 to Q2 2020.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. ConocoPhillips’s interest coverage ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Debt to Equity

ConocoPhillips, debt to equity calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Short-term debt 146  126  105  121  114  113  112  95  89  337  2,575  1,331  3,798  1,095  1,089  1,336  1,331  2,079  1,427  175  138  193 
Long-term debt 14,852  14,847  14,790  14,799  14,809  14,832  14,856  14,902  14,885  16,709  17,128  19,673  19,670  25,340  26,186  27,353  27,346  27,376  23,453  24,716  24,787  22,318 
Total debt 14,998  14,973  14,895  14,920  14,923  14,945  14,968  14,997  14,974  17,046  19,703  21,004  23,468  26,435  27,275  28,689  28,677  29,455  24,880  24,891  24,925  22,511 
 
Common stockholders’ equity 31,493  31,315  34,981  35,146  32,976  32,859  31,939  31,950  31,042  30,546  30,607  30,500  30,286  35,353  34,974  36,170  37,544  39,089  39,762  44,210  48,620  48,652 
Solvency Ratio
Debt to equity1 0.48 0.48 0.43 0.42 0.45 0.45 0.47 0.47 0.48 0.56 0.64 0.69 0.77 0.75 0.78 0.79 0.76 0.75 0.63 0.56 0.51 0.46
Benchmarks
Debt to Equity, Competitors2
Chevron Corp. 0.25 0.22 0.19 0.21 0.20 0.21 0.22 0.24 0.25 0.26 0.26 0.29 0.29 0.31 0.32 0.31 0.31 0.28
Exxon Mobil Corp. 0.39 0.33 0.24 0.25 0.24 0.21 0.20 0.21 0.22 0.22 0.23 0.22 0.23 0.25 0.26 0.27 0.26 0.25

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

1 Q2 2020 Calculation
Debt to equity = Total debt ÷ Common stockholders’ equity
= 14,998 ÷ 31,493 = 0.48

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. ConocoPhillips’s debt to equity ratio deteriorated from Q4 2019 to Q1 2020 but then slightly improved from Q1 2020 to Q2 2020.

Debt to Capital

ConocoPhillips, debt to capital calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Short-term debt 146  126  105  121  114  113  112  95  89  337  2,575  1,331  3,798  1,095  1,089  1,336  1,331  2,079  1,427  175  138  193 
Long-term debt 14,852  14,847  14,790  14,799  14,809  14,832  14,856  14,902  14,885  16,709  17,128  19,673  19,670  25,340  26,186  27,353  27,346  27,376  23,453  24,716  24,787  22,318 
Total debt 14,998  14,973  14,895  14,920  14,923  14,945  14,968  14,997  14,974  17,046  19,703  21,004  23,468  26,435  27,275  28,689  28,677  29,455  24,880  24,891  24,925  22,511 
Common stockholders’ equity 31,493  31,315  34,981  35,146  32,976  32,859  31,939  31,950  31,042  30,546  30,607  30,500  30,286  35,353  34,974  36,170  37,544  39,089  39,762  44,210  48,620  48,652 
Total capital 46,491  46,288  49,876  50,066  47,899  47,804  46,907  46,947  46,016  47,592  50,310  51,504  53,754  61,788  62,249  64,859  66,221  68,544  64,642  69,101  73,545  71,163 
Solvency Ratio
Debt to capital1 0.32 0.32 0.30 0.30 0.31 0.31 0.32 0.32 0.33 0.36 0.39 0.41 0.44 0.43 0.44 0.44 0.43 0.43 0.38 0.36 0.34 0.32
Benchmarks
Debt to Capital, Competitors2
Chevron Corp. 0.20 0.18 0.16 0.17 0.16 0.18 0.18 0.19 0.20 0.21 0.21 0.22 0.23 0.24 0.24 0.24 0.23 0.22
Exxon Mobil Corp. 0.28 0.25 0.20 0.20 0.19 0.18 0.16 0.17 0.18 0.18 0.18 0.18 0.19 0.20 0.20 0.21 0.21 0.20

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

1 Q2 2020 Calculation
Debt to capital = Total debt ÷ Total capital
= 14,998 ÷ 46,491 = 0.32

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. ConocoPhillips’s debt to capital ratio deteriorated from Q4 2019 to Q1 2020 but then slightly improved from Q1 2020 to Q2 2020.

Debt to Assets

ConocoPhillips, debt to assets calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Short-term debt 146  126  105  121  114  113  112  95  89  337  2,575  1,331  3,798  1,095  1,089  1,336  1,331  2,079  1,427  175  138  193 
Long-term debt 14,852  14,847  14,790  14,799  14,809  14,832  14,856  14,902  14,885  16,709  17,128  19,673  19,670  25,340  26,186  27,353  27,346  27,376  23,453  24,716  24,787  22,318 
Total debt 14,998  14,973  14,895  14,920  14,923  14,945  14,968  14,997  14,974  17,046  19,703  21,004  23,468  26,435  27,275  28,689  28,677  29,455  24,880  24,891  24,925  22,511 
 
Total assets 63,046  65,033  70,514  70,340  71,261  71,498  69,980  70,556  68,936  70,727  73,362  74,861  78,004  87,973  89,772  94,284  96,054  99,834  97,484  105,949  112,003  110,042 
Solvency Ratio
Debt to assets1 0.24 0.23 0.21 0.21 0.21 0.21 0.21 0.21 0.22 0.24 0.27 0.28 0.30 0.30 0.30 0.30 0.30 0.30 0.26 0.23 0.22 0.20
Benchmarks
Debt to Assets, Competitors2
Chevron Corp. 0.15 0.14 0.11 0.13 0.12 0.13 0.14 0.14 0.15 0.15 0.15 0.16 0.17 0.17 0.18 0.18 0.17 0.16
Exxon Mobil Corp. 0.19 0.17 0.13 0.13 0.13 0.11 0.11 0.11 0.12 0.12 0.12 0.12 0.12 0.13 0.13 0.14 0.13 0.13

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

1 Q2 2020 Calculation
Debt to assets = Total debt ÷ Total assets
= 14,998 ÷ 63,046 = 0.24

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. ConocoPhillips’s debt to assets ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Financial Leverage

ConocoPhillips, financial leverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Total assets 63,046  65,033  70,514  70,340  71,261  71,498  69,980  70,556  68,936  70,727  73,362  74,861  78,004  87,973  89,772  94,284  96,054  99,834  97,484  105,949  112,003  110,042 
Common stockholders’ equity 31,493  31,315  34,981  35,146  32,976  32,859  31,939  31,950  31,042  30,546  30,607  30,500  30,286  35,353  34,974  36,170  37,544  39,089  39,762  44,210  48,620  48,652 
Solvency Ratio
Financial leverage1 2.00 2.08 2.02 2.00 2.16 2.18 2.19 2.21 2.22 2.32 2.40 2.45 2.58 2.49 2.57 2.61 2.56 2.55 2.45 2.40 2.30 2.26
Benchmarks
Financial Leverage, Competitors2
Chevron Corp. 1.67 1.64 1.65 1.65 1.64 1.66 1.64 1.67 1.69 1.71 1.71 1.74 1.74 1.77 1.79 1.77 1.78 1.76
Exxon Mobil Corp. 2.01 1.95 1.89 1.89 1.88 1.86 1.81 1.86 1.86 1.85 1.86 1.92 1.91 1.94 1.97 1.99 2.01 1.99

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

1 Q2 2020 Calculation
Financial leverage = Total assets ÷ Common stockholders’ equity
= 63,046 ÷ 31,493 = 2.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. ConocoPhillips’s financial leverage ratio increased from Q4 2019 to Q1 2020 but then decreased significantly from Q1 2020 to Q2 2020.

Interest Coverage

ConocoPhillips, interest coverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips 260  (1,739) 720  3,056  1,580  1,833  1,868  1,861  1,640  888  1,579  420  (3,440) 586  (35) (1,040) (1,071) (1,469) (3,450) (1,071) (179) 272 
Add: Net income attributable to noncontrolling interest 18  28  23  15  17  13  10  12  14  12  19  16  14  13  16  14  13  13  13  15  15  14 
Add: Income tax expense (257) 148  543  422  461  841  794  1,033  965  876  (273) 217  (935) (831) 11  (628) (586) (768) (1,614) (685) 73  (642)
Add: Interest and debt expense 202  202  196  184  165  233  188  186  177  184  226  251  306  315  317  335  312  281  268  240  210  202 
Earnings before interest and tax (EBIT) 223  (1,361) 1,482  3,677  2,223  2,920  2,860  3,092  2,796  1,960  1,551  904  (4,055) 83  309  (1,319) (1,332) (1,943) (4,783) (1,501) 119  (154)
Solvency Ratio
Interest coverage1 5.13 8.06 13.24 15.17 14.37 14.88 14.57 12.16 8.61 0.37 -1.38 -2.32 -3.91 -1.77 -3.44 -7.84 -8.68 -8.12 -6.87
Benchmarks
Interest Coverage, Competitors2
Chevron Corp. -14.24 8.79 7.94 24.26 26.77 24.91 28.51 24.47 25.17 27.90 31.04 43.98 31.33 11.63 -9.75
Exxon Mobil Corp. 10.25 18.27 25.16 26.79 33.17 38.69 41.41 36.07 35.49 31.34 32.07 27.68 24.00 24.29 18.59

Based on: 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-18), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-19), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-20), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-23), 10-Q (filing date: 2015-11-03), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-05).

1 Q2 2020 Calculation
Interest coverage = (EBITQ2 2020 + EBITQ1 2020 + EBITQ4 2019 + EBITQ3 2019) ÷ (Interest expenseQ2 2020 + Interest expenseQ1 2020 + Interest expenseQ4 2019 + Interest expenseQ3 2019)
= (223 + -1,361 + 1,482 + 3,677) ÷ (202 + 202 + 196 + 184) = 5.13

2 Click competitor name to see calculations.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. ConocoPhillips’s interest coverage ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.