IMOImperial Oil Limited
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -77% · now 11% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can IMO take a bad year?
Imperial Oil Limited carries $627M of net debt at 0.08× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.08×
Net debt / EBITDA · 0.13× a year ago · the load is coming down
- Interest cover
- 147×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 30%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $3.47B
- Cash and short-term investments
- $2.84B
- Net debt
- $627M
- EBITDA, trailing twelve months
- $8.02B
- Operating profit, trailing twelve months
- $5.42B
- Debt / equity
- 0.14×
- Total debt / EBITDA
- 0.43×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −77%
- Below its 52-week high
- 11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Integrated
Ranks #7 of 12 by RyuScore