Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Marathon Oil Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Accounts payable 6.53 4.66 6.46 6.19 6.34
Payroll and benefits payable 0.44 0.32 0.55 0.72 0.49
Accrued taxes 0.92 0.40 0.58 0.85 0.80
Current portion of long-term finance lease liability 0.04 0.00 0.00 0.00 0.00
Other current liabilities 1.49 1.38 1.03 0.80 1.31
Long-term debt due within one year 0.21 0.00 0.00 0.00 0.00
Current liabilities held for sale 0.00 0.00 0.00 0.03 0.00
Current liabilities 9.63% 6.76% 8.62% 8.59% 8.94%
Long-term debt, excluding due within one year 23.41 30.10 27.17 25.79 24.96
Deferred tax liabilities 0.80 0.91 0.92 0.93 3.78
Defined benefit postretirement plan obligations 0.81 1.00 0.90 0.91 1.64
Asset retirement obligations 1.69 1.34 1.20 5.07 6.49
Long-term finance lease liability, excluding current portion 0.14 0.00 0.00 0.00 0.00
Deferred credits and other liabilities 0.64 1.08 1.16 1.31 0.99
Noncurrent liabilities held for sale 0.00 0.00 0.00 0.51 0.01
Noncurrent liabilities 27.49% 34.43% 31.35% 34.52% 37.87%
Total liabilities 37.12% 41.18% 39.97% 43.12% 46.81%
Preferred stock, no par value; no shares issued or outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, par value $1 per share 5.51 5.22 4.63 4.39 4.26
Common stock, held in treasury, at cost -28.39 -22.77 -20.20 -17.90 -15.11
Additional paid-in capital 42.49 39.95 35.60 33.95 33.52
Retained earnings 42.79 36.01 39.48 36.14 30.80
Accumulated other comprehensive income (loss) 0.48 0.41 0.52 0.30 -0.28
Stockholders’ equity 62.88% 58.82% 60.03% 56.88% 53.19%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Marathon Oil Corp. current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Marathon Oil Corp. noncurrent liabilities as a percentage of total liabilities and stockholders’ equity increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Marathon Oil Corp. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Marathon Oil Corp. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.