MPLX's Debt Overview
Portfolio Pulse from Benzinga Insights
MPLX Inc. (NYSE:MPLX) has a total debt of $20.59 billion, with $20.39 billion in long-term debt and $193.00 million in current debt. After adjusting for $393.00 million in cash-equivalents, the company's net debt stands at $20.19 billion. The company's debt ratio is 0.58, considering its total assets of $35.67 billion. Debt is an important factor in a company's capital structure and contributes to its growth, but it can also put the company at risk for default if interest rates increase.
July 11, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MPLX Inc. has a significant amount of debt, which could put the company at risk if interest rates increase. However, the debt also contributes to the company's growth.
MPLX Inc. has a high level of debt, which can be a risk factor if interest rates increase. However, the debt also contributes to the company's growth, which can be a positive factor. The company's debt ratio of 0.58 indicates that a significant portion of its assets are funded by debt.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100