Current Ratio
since 2005
Calculation
Chevron Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.27 | = | 41,128) | ÷ | 32,258) |
| Dec 31, 2022 | 1.47 | = | 50,343) | ÷ | 34,208) |
| Dec 31, 2021 | 1.26 | = | 33,738) | ÷ | 26,791) |
| Dec 31, 2020 | 1.18 | = | 26,078) | ÷ | 22,183) |
| Dec 31, 2019 | 1.07 | = | 28,329) | ÷ | 26,530) |
| Dec 31, 2018 | 1.25 | = | 34,021) | ÷ | 27,171) |
| Dec 31, 2017 | 1.03 | = | 28,560) | ÷ | 27,737) |
| Dec 31, 2016 | 0.93 | = | 29,619) | ÷ | 31,785) |
| Dec 31, 2015 | 1.34 | = | 35,347) | ÷ | 26,464) |
| Dec 31, 2014 | 1.32 | = | 42,232) | ÷ | 31,926) |
| Dec 31, 2013 | 1.52 | = | 50,250) | ÷ | 33,018) |
| Dec 31, 2012 | 1.63 | = | 55,720) | ÷ | 34,212) |
| Dec 31, 2011 | 1.58 | = | 53,234) | ÷ | 33,600) |
| Dec 31, 2010 | 1.68 | = | 48,841) | ÷ | 29,012) |
| Dec 31, 2009 | 1.42 | = | 37,216) | ÷ | 26,211) |
| Dec 31, 2008 | 1.14 | = | 36,470) | ÷ | 32,023) |
| Dec 31, 2007 | 1.17 | = | 39,377) | ÷ | 33,798) |
| Dec 31, 2006 | 1.28 | = | 36,304) | ÷ | 28,409) |
| Dec 31, 2005 | 1.37 | = | 34,336) | ÷ | 25,011) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Chevron Corp., current ratio, long-term trends, comparison to competitors
| Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.27 | 1.43 | 1.48 | 1.59 | 0.92 | 1.56 |
| Dec 31, 2022 | 1.47 | 1.46 | 1.41 | 1.76 | 1.15 | 1.38 |
| Dec 31, 2021 | 1.26 | 1.34 | 1.04 | 1.70 | 1.23 | 1.26 |
| Dec 31, 2020 | 1.18 | 2.25 | 0.80 | 1.81 | 1.07 | 1.71 |
| Dec 31, 2019 | 1.07 | 2.40 | 0.78 | 1.25 | 1.25 | 1.44 |
| Dec 31, 2018 | 1.25 | 1.79 | 0.84 | 1.36 | 1.34 | 1.65 |
| Dec 31, 2017 | 1.03 | 1.76 | 0.82 | 1.28 | 1.12 | 1.74 |
| Dec 31, 2016 | 0.93 | 1.25 | 0.87 | 1.46 | 1.32 | 2.02 |
| Dec 31, 2015 | 1.34 | 0.95 | 0.79 | 1.49 | 1.37 | 2.03 |
| Dec 31, 2014 | 1.32 | 1.31 | 0.82 | 1.32 | 1.68 | 1.66 |
| Dec 31, 2013 | 1.52 | 1.26 | 0.83 | 1.30 | 1.34 | 1.47 |
| Dec 31, 2012 | 1.63 | 1.38 | 1.01 | 1.59 | 1.30 | 1.38 |
| Dec 31, 2011 | 1.58 | 1.08 | 0.94 | 1.25 | 1.45 | 1.26 |
| Dec 31, 2010 | 1.68 | 1.26 | 0.94 | — | 1.67 | 1.54 |
| Dec 31, 2009 | 1.42 | 0.89 | 1.06 | — | 1.33 | 1.40 |
| Dec 31, 2008 | 1.14 | 0.96 | 1.47 | — | 1.17 | 1.52 |
| Dec 31, 2007 | 1.17 | 0.92 | 1.47 | — | 1.37 | 1.24 |
| Dec 31, 2006 | 1.28 | 0.95 | 1.55 | — | 1.27 | 1.22 |
| Dec 31, 2005 | 1.37 | 0.92 | 1.58 | — | 1.54 | 1.13 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Chevron Corp., current ratio, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Chevron Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 1.27 | 1.42 |
| Dec 31, 2022 | 1.47 | 1.46 |
| Dec 31, 2021 | 1.26 | 1.23 |
| Dec 31, 2020 | 1.18 | 1.16 |
| Dec 31, 2019 | 1.07 | 1.08 |
| Dec 31, 2018 | 1.25 | 1.14 |
| Dec 31, 2017 | 1.03 | 1.08 |
| Dec 31, 2016 | 0.93 | 1.07 |
| Dec 31, 2015 | 1.34 | 1.09 |
| Dec 31, 2014 | 1.32 | 1.13 |
| Dec 31, 2013 | 1.52 | 1.14 |
| Dec 31, 2012 | 1.63 | 1.28 |
| Dec 31, 2011 | 1.58 | 1.16 |
| Dec 31, 2010 | 1.68 | 1.25 |
| Dec 31, 2009 | 1.42 | 1.14 |
| Dec 31, 2008 | 1.14 | 1.27 |
| Dec 31, 2007 | 1.17 | 1.26 |
| Dec 31, 2006 | 1.28 | 1.31 |
| Dec 31, 2005 | 1.37 | 1.36 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Chevron Corp., current ratio, long-term trends, comparison to industry (energy)
| Chevron Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 1.27 | 1.42 |
| Dec 31, 2022 | 1.47 | 1.44 |
| Dec 31, 2021 | 1.26 | 1.23 |
| Dec 31, 2020 | 1.18 | 1.17 |
| Dec 31, 2019 | 1.07 | 1.09 |
| Dec 31, 2018 | 1.25 | 1.15 |
| Dec 31, 2017 | 1.03 | 1.09 |
| Dec 31, 2016 | 0.93 | 1.13 |
| Dec 31, 2015 | 1.34 | 1.19 |
| Dec 31, 2014 | 1.32 | 1.19 |
| Dec 31, 2013 | 1.52 | 1.20 |
| Dec 31, 2012 | 1.63 | 1.33 |
| Dec 31, 2011 | 1.58 | 1.20 |
| Dec 31, 2010 | 1.68 | 1.28 |
| Dec 31, 2009 | 1.42 | 1.19 |
| Dec 31, 2008 | 1.14 | 1.29 |
| Dec 31, 2007 | 1.17 | 1.28 |
| Dec 31, 2006 | 1.28 | 1.32 |
| Dec 31, 2005 | 1.37 | 1.37 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).