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Murphy USA MUSA Reportable Legal Entities — Accrued Income Taxes Current

Discontinued — last reported Q4 '17

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MOHReportable Legal Entities — Taxes Payable Current
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TPX
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Other financials

Income statement

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Revenue$4.8B+6.5%
Operating income$205.2M+133%
Net income$136.3M+156%
EPS (diluted)$7.28+177%

Balance sheet

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Cash & equivalents$118.6M+140%
Total debt$2.8B+7.8%
Total equity$658.7M-8.5%
Total assets$4.9B+8.1%

Cash flow

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Operating cash flow$320.0M+149%
CapEx$98.3M+12.0%
Free cash flow$221.7M+445%

Valuation

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Market cap$10.18B-1.7%
Enterprise value$12.9B-0.2%
P/E18.4×-2.8×
P/S0.5×0.0×

Profitability

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Gross margin85.4%
Operating margin4.2%+0.6pp
Net margin2.8%+0.4pp
FCF margin2.8%+1.0pp

Returns & leverage

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Return on equity80.3%+15.1pp
Debt / equity4.3×+0.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Murphy USA in its filing.

Tagged under the XBRL concept us-gaap:AccruedIncomeTaxesCurrent.

The official record: Murphy USA’s 10-K, filed February 20, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — accrued income taxes current mean?
The amount of income tax the company owes but has not yet paid.
How do you interpret reportable legal entities — accrued income taxes current?
A significant increase may indicate a temporary cash flow benefit, but it represents a future cash outflow obligation.
How does reportable legal entities — accrued income taxes current compare across companies?
Accrued taxes are a standard current liability for all profitable corporations and vary based on tax payment schedules.