A Look Into Imperial Oil's Debt
Portfolio Pulse from Benzinga Insights
Imperial Oil Inc.'s (AMEX:IMO) shares increased by 4.47% in the past three months. The company has a total debt of $4.16 billion, with a net debt of $584 million after adjusting for $3.58 billion in cash-equivalents. Imperial Oil's debt-ratio is 0.1, indicating a low financial leverage.
June 20, 2023 | 3:01 pm
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Imperial Oil's shares increased by 4.47% in the past three months, with a total debt of $4.16 billion and a net debt of $584 million. The company's debt-ratio is 0.1, indicating low financial leverage.
Imperial Oil's debt-ratio of 0.1 indicates that the company has low financial leverage, which is generally a positive sign for investors. However, the article does not provide any specific information on how the company's debt situation will impact its stock price in the short term. Therefore, the score is neutral.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100