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Marathon Petroleum Corporation (MPC) |
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Marathon Petroleum's Working Capital Ratio
MPC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 1.59 above company average Working Capital Ratio.
Within Oil & Gas Integrated Operations industry Marathon Petroleum Corporation booked the highest Working Capital Ratio than Marathon Petroleum in the forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 301 to 1198.
Explain Working Capital Ratio
How much in Current Assets MPC´s has?
What is the value of MPC´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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MPC Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities Change |
0.65 % |
1.98 % |
-38.58 % |
-32.1 % |
11.86 % |
Y / Y Current Assets Change |
-8.83 % |
2.81 % |
-24.05 % |
-10.72 % |
15.56 % |
Working Capital Ratio MRQ |
1.59 |
1.67 |
1.84 |
1.9 |
1.76 |
MPC's Total
Ranking |
# 1198 |
# 301 |
# 2264 |
# 2745 |
# 1243 |
Seq. Current Liabilities Change |
-7.29 % |
24.44 % |
2.4 % |
-14.8 % |
-6.07 % |
Seq. Current Assets Change |
-11.42 % |
12.61 % |
-0.84 % |
-7.82 % |
-0.12 % |
Working Capital Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Oil & Gas Integrated Operations Industry |
# 1 |
Energy Sector |
# 33 |
Overall Market |
# 1198 |
Working Capital Ratio Statistics |
High |
Average |
Low |
2.02 |
1.41 |
0.94 |
(Sep 30 2021) |
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(Dec. 31. 2007) |
Cumulative Marathon Petroleum's Working Capital Ratio
MPC's Working Capital Ratio for the trailling 12 Months
MPC Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities TTM Growth |
0.65 % |
1.98 % |
-38.58 % |
-32.1 % |
11.86 % |
Y / Y Current Assets TTM Growth |
-8.83 % |
2.81 % |
-24.05 % |
-10.72 % |
15.56 % |
Working Capital Ratio TTM |
1.74 |
1.79 |
1.78 |
1.67 |
1.57 |
Total
Ranking TTM |
# 974
| # 3898
| # 1981
| # 4702
| # 1103
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Seq. Current Liabilities TTM Growth |
-7.29 % |
24.44 % |
2.4 % |
-14.8 % |
-6.07 % |
Seq. Current Assets TTM Growth |
-11.42 % |
12.61 % |
-0.84 % |
-7.82 % |
-0.12 % |
On the trailing twelve months basis Due to decrease in Current Liabilities in the IV Quarter 2023 to $20,150.00 millions, cumulative Working Capital Ratio decreased to 1.74 above the MPC average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Oil & Gas Integrated Operations industry MPC achieved the highest Working Capital Ratio. While Working Capital Ratio overall ranking has improved so far to 974, from total ranking during the twelve months ending third quarter 2023 at 3898.
Explain Working Capital Ratio
How much in Current Assets MPC´s has?
What is the value of MPC´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Oil & Gas Integrated Operations Industry |
# 1 |
Energy Sector |
# 31 |
Within the Market |
# 974 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.93 |
1.44 |
1.16 |
(Sep 30 2021) |
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(Sep. 30, 2009) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Oil & Gas Integrated Operations Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | Marathon Petroleum Corporation | 1.59 | $ 32,131.000 Millions | $ 20,150.000 Millions | Pbf Energy Inc | 1.56 | $ 6,596.600 Millions | $ 4,217.300 Millions | Valero Energy Corp | 1.56 | $ 26,221.000 Millions | $ 16,802.000 Millions | Exxon Mobil Corporation | 1.48 | $ 96,609.000 Millions | $ 65,316.000 Millions | Conocophillips | 1.43 | $ 14,330.000 Millions | $ 10,005.000 Millions | Sunoco Lp | 1.40 | $ 1,927.000 Millions | $ 1,373.000 Millions | Chevron Corp | 1.30 | $ 41,803.000 Millions | $ 32,258.000 Millions | Cvr Energy inc | 1.30 | $ 2,179.000 Millions | $ 1,682.000 Millions | Phillips 66 | 1.26 | $ 19,941.000 Millions | $ 15,856.000 Millions | Imperial Oil Limited | 1.26 | $ 6,356.268 Millions | $ 5,057.898 Millions | Bp Plc | 1.21 | $ 104,146.000 Millions | $ 86,078.000 Millions | Hess Corporation | 1.18 | $ 3,430.000 Millions | $ 2,900.000 Millions | Vertex Energy Inc | 1.07 | $ 352.031 Millions | $ 328.826 Millions | Delek Us Holdings Inc | 0.99 | $ 2,666.000 Millions | $ 2,685.100 Millions |
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