Cryptocurrency Q&A
How much debt does MPLX have?
How much debt does MPLX have?
Bianca
Fri Aug 02 2024
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6 answers
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Can you provide me with a detailed breakdown of MPLX's current debt situation? I'm particularly interested in knowing their total debt amount, the composition of their debt portfolio in terms of short-term versus long-term debt, and any significant changes in their debt levels over the past few years. Additionally, I'd like to understand if MPLX has any plans to address their debt burden in the NEAR future, such as through debt refinancing or other debt reduction strategies.
6 answers
CryptoBaron
Sat Aug 03 2024
It is important for investors and stakeholders to monitor the trend of long-term debt as it can provide valuable insights into a company's financial health and its ability to meet its obligations over the long term.
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CryptoWanderer
Sat Aug 03 2024
MPLX LP's long-term debt situation for the quarter ending March 31, 2024, has shown a notable decline of 7.79% compared to the previous year. This figure highlights a significant reduction in the company's long-term liabilities.
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HanjiArtistry
Sat Aug 03 2024
Specifically, the long-term debt for the said quarter stood at $18.805 billion, indicating a healthy reduction from the previous year's position. This trend suggests that MPLX LP is taking steps to manage its financial obligations more efficiently.
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EthereumElite
Sat Aug 03 2024
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Ilaria
Sat Aug 03 2024
Looking back at the year 2023, MPLX LP's long-term debt amounted to $19.296 billion, which was a 2.59% increase over the figure recorded in 2022. This slight increase in long-term debt could be attributed to various business expansion plans or investments undertaken by the company during that period.
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