Current Ratio
since 2005
Calculation
Occidental Petroleum Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.92 | = | 8,375) | ÷ | 9,148) |
| Dec 31, 2022 | 1.15 | = | 8,886) | ÷ | 7,757) |
| Dec 31, 2021 | 1.23 | = | 10,211) | ÷ | 8,324) |
| Dec 31, 2020 | 1.07 | = | 8,819) | ÷ | 8,223) |
| Dec 31, 2019 | 1.25 | = | 18,681) | ÷ | 14,949) |
| Dec 31, 2018 | 1.34 | = | 9,932) | ÷ | 7,412) |
| Dec 31, 2017 | 1.12 | = | 8,270) | ÷ | 7,400) |
| Dec 31, 2016 | 1.32 | = | 8,428) | ÷ | 6,362) |
| Dec 31, 2015 | 1.37 | = | 9,402) | ÷ | 6,842) |
| Dec 31, 2014 | 1.68 | = | 13,873) | ÷ | 8,244) |
| Dec 31, 2013 | 1.34 | = | 11,323) | ÷ | 8,434) |
| Dec 31, 2012 | 1.30 | = | 9,492) | ÷ | 7,290) |
| Dec 31, 2011 | 1.45 | = | 11,542) | ÷ | 7,947) |
| Dec 31, 2010 | 1.67 | = | 13,059) | ÷ | 7,825) |
| Dec 31, 2009 | 1.33 | = | 8,086) | ÷ | 6,092) |
| Dec 31, 2008 | 1.17 | = | 7,172) | ÷ | 6,134) |
| Dec 31, 2007 | 1.37 | = | 8,595) | ÷ | 6,266) |
| Dec 31, 2006 | 1.27 | = | 6,006) | ÷ | 4,724) |
| Dec 31, 2005 | 1.54 | = | 6,574) | ÷ | 4,280) |
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
Occidental Petroleum Corp., current ratio, long-term trends, comparison to competitors
| Occidental Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | |
|---|---|---|---|---|
| Dec 31, 2023 | 0.92 | 1.27 | 1.43 | 1.48 |
| Dec 31, 2022 | 1.15 | 1.47 | 1.46 | 1.41 |
| Dec 31, 2021 | 1.23 | 1.26 | 1.34 | 1.04 |
| Dec 31, 2020 | 1.07 | 1.18 | 2.25 | 0.80 |
| Dec 31, 2019 | 1.25 | 1.07 | 2.40 | 0.78 |
| Dec 31, 2018 | 1.34 | 1.25 | 1.79 | 0.84 |
| Dec 31, 2017 | 1.12 | 1.03 | 1.76 | 0.82 |
| Dec 31, 2016 | 1.32 | 0.93 | 1.25 | 0.87 |
| Dec 31, 2015 | 1.37 | 1.34 | 0.95 | 0.79 |
| Dec 31, 2014 | 1.68 | 1.32 | 1.31 | 0.82 |
| Dec 31, 2013 | 1.34 | 1.52 | 1.26 | 0.83 |
| Dec 31, 2012 | 1.30 | 1.63 | 1.38 | 1.01 |
| Dec 31, 2011 | 1.45 | 1.58 | 1.08 | 0.94 |
| Dec 31, 2010 | 1.67 | 1.68 | 1.26 | 0.94 |
| Dec 31, 2009 | 1.33 | 1.42 | 0.89 | 1.06 |
| Dec 31, 2008 | 1.17 | 1.14 | 0.96 | 1.47 |
| Dec 31, 2007 | 1.37 | 1.17 | 0.92 | 1.47 |
| Dec 31, 2006 | 1.27 | 1.28 | 0.95 | 1.55 |
| Dec 31, 2005 | 1.54 | 1.37 | 0.92 | 1.58 |
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)
Occidental Petroleum Corp., current ratio, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Occidental Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 0.92 | 1.37 |
| Dec 31, 2022 | 1.15 | 1.42 |
| Dec 31, 2021 | 1.23 | 1.15 |
| Dec 31, 2020 | 1.07 | 1.00 |
| Dec 31, 2019 | 1.25 | 1.01 |
| Dec 31, 2018 | 1.34 | 1.06 |
| Dec 31, 2017 | 1.12 | 0.98 |
| Dec 31, 2016 | 1.32 | 0.95 |
| Dec 31, 2015 | 1.37 | 1.00 |
| Dec 31, 2014 | 1.68 | 1.07 |
| Dec 31, 2013 | 1.34 | 1.09 |
| Dec 31, 2012 | 1.30 | 1.25 |
| Dec 31, 2011 | 1.45 | 1.14 |
| Dec 31, 2010 | 1.67 | 1.23 |
| Dec 31, 2009 | 1.33 | 1.13 |
| Dec 31, 2008 | 1.17 | 1.25 |
| Dec 31, 2007 | 1.37 | 1.27 |
| Dec 31, 2006 | 1.27 | 1.32 |
| Dec 31, 2005 | 1.54 | 1.38 |
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)
Occidental Petroleum Corp., current ratio, long-term trends, comparison to industry (energy)
| Occidental Petroleum Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 0.92 | 1.37 |
| Dec 31, 2022 | 1.15 | 1.40 |
| Dec 31, 2021 | 1.23 | 1.15 |
| Dec 31, 2020 | 1.07 | 1.02 |
| Dec 31, 2019 | 1.25 | 1.03 |
| Dec 31, 2018 | 1.34 | 1.07 |
| Dec 31, 2017 | 1.12 | 1.01 |
| Dec 31, 2016 | 1.32 | 1.04 |
| Dec 31, 2015 | 1.37 | 1.11 |
| Dec 31, 2014 | 1.68 | 1.14 |
| Dec 31, 2013 | 1.34 | 1.17 |
| Dec 31, 2012 | 1.30 | 1.31 |
| Dec 31, 2011 | 1.45 | 1.20 |
| Dec 31, 2010 | 1.67 | 1.26 |
| Dec 31, 2009 | 1.33 | 1.17 |
| Dec 31, 2008 | 1.17 | 1.28 |
| Dec 31, 2007 | 1.37 | 1.28 |
| Dec 31, 2006 | 1.27 | 1.33 |
| Dec 31, 2005 | 1.54 | 1.39 |
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).