Current Ratio
since 2005
Calculation
Valero Energy Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.56 | = | 26,221) | ÷ | 16,802) |
| Dec 31, 2022 | 1.38 | = | 24,133) | ÷ | 17,461) |
| Dec 31, 2021 | 1.26 | = | 21,165) | ÷ | 16,851) |
| Dec 31, 2020 | 1.71 | = | 15,844) | ÷ | 9,283) |
| Dec 31, 2019 | 1.44 | = | 18,969) | ÷ | 13,160) |
| Dec 31, 2018 | 1.65 | = | 17,675) | ÷ | 10,724) |
| Dec 31, 2017 | 1.74 | = | 19,312) | ÷ | 11,071) |
| Dec 31, 2016 | 2.02 | = | 16,800) | ÷ | 8,328) |
| Dec 31, 2015 | 2.03 | = | 14,972) | ÷ | 7,360) |
| Dec 31, 2014 | 1.66 | = | 16,614) | ÷ | 9,980) |
| Dec 31, 2013 | 1.47 | = | 19,277) | ÷ | 13,123) |
| Dec 31, 2012 | 1.38 | = | 16,460) | ÷ | 11,929) |
| Dec 31, 2011 | 1.26 | = | 15,972) | ÷ | 12,708) |
| Dec 31, 2010 | 1.54 | = | 13,518) | ÷ | 8,784) |
| Dec 31, 2009 | 1.40 | = | 10,923) | ÷ | 7,798) |
| Dec 31, 2008 | 1.52 | = | 9,450) | ÷ | 6,209) |
| Dec 31, 2007 | 1.24 | = | 14,792) | ÷ | 11,914) |
| Dec 31, 2006 | 1.22 | = | 10,760) | ÷ | 8,822) |
| Dec 31, 2005 | 1.13 | = | 8,276) | ÷ | 7,305) |
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
Valero Energy Corp., current ratio, long-term trends, comparison to competitors
| Valero Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Texas Pacific Land Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.56 | 1.27 | 1.43 | 1.48 | 0.92 | 19.43 |
| Dec 31, 2022 | 1.38 | 1.47 | 1.46 | 1.41 | 1.15 | 16.00 |
| Dec 31, 2021 | 1.26 | 1.26 | 1.34 | 1.04 | 1.23 | 10.34 |
| Dec 31, 2020 | 1.71 | 1.18 | 2.25 | 0.80 | 1.07 | 15.56 |
| Dec 31, 2019 | 1.44 | 1.07 | 2.40 | 0.78 | 1.25 | — |
| Dec 31, 2018 | 1.65 | 1.25 | 1.79 | 0.84 | 1.34 | — |
| Dec 31, 2017 | 1.74 | 1.03 | 1.76 | 0.82 | 1.12 | — |
| Dec 31, 2016 | 2.02 | 0.93 | 1.25 | 0.87 | 1.32 | — |
| Dec 31, 2015 | 2.03 | 1.34 | 0.95 | 0.79 | 1.37 | — |
| Dec 31, 2014 | 1.66 | 1.32 | 1.31 | 0.82 | 1.68 | — |
| Dec 31, 2013 | 1.47 | 1.52 | 1.26 | 0.83 | 1.34 | — |
| Dec 31, 2012 | 1.38 | 1.63 | 1.38 | 1.01 | 1.30 | — |
| Dec 31, 2011 | 1.26 | 1.58 | 1.08 | 0.94 | 1.45 | — |
| Dec 31, 2010 | 1.54 | 1.68 | 1.26 | 0.94 | 1.67 | — |
| Dec 31, 2009 | 1.40 | 1.42 | 0.89 | 1.06 | 1.33 | — |
| Dec 31, 2008 | 1.52 | 1.14 | 0.96 | 1.47 | 1.17 | — |
| Dec 31, 2007 | 1.24 | 1.17 | 0.92 | 1.47 | 1.37 | — |
| Dec 31, 2006 | 1.22 | 1.28 | 0.95 | 1.55 | 1.27 | — |
| Dec 31, 2005 | 1.13 | 1.37 | 0.92 | 1.58 | 1.54 | — |
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)
Valero Energy Corp., current ratio, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Valero Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 1.56 | 1.38 |
| Dec 31, 2022 | 1.38 | 1.42 |
| Dec 31, 2021 | 1.26 | 1.15 |
| Dec 31, 2020 | 1.71 | 1.00 |
| Dec 31, 2019 | 1.44 | 1.01 |
| Dec 31, 2018 | 1.65 | 1.06 |
| Dec 31, 2017 | 1.74 | 0.98 |
| Dec 31, 2016 | 2.02 | 0.95 |
| Dec 31, 2015 | 2.03 | 1.00 |
| Dec 31, 2014 | 1.66 | 1.07 |
| Dec 31, 2013 | 1.47 | 1.09 |
| Dec 31, 2012 | 1.38 | 1.25 |
| Dec 31, 2011 | 1.26 | 1.14 |
| Dec 31, 2010 | 1.54 | 1.23 |
| Dec 31, 2009 | 1.40 | 1.13 |
| Dec 31, 2008 | 1.52 | 1.25 |
| Dec 31, 2007 | 1.24 | 1.27 |
| Dec 31, 2006 | 1.22 | 1.32 |
| Dec 31, 2005 | 1.13 | 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)
Valero Energy Corp., current ratio, long-term trends, comparison to industry (energy)
| Valero Energy Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 1.56 | 1.38 |
| Dec 31, 2022 | 1.38 | 1.41 |
| Dec 31, 2021 | 1.26 | 1.16 |
| Dec 31, 2020 | 1.71 | 1.02 |
| Dec 31, 2019 | 1.44 | 1.03 |
| Dec 31, 2018 | 1.65 | 1.07 |
| Dec 31, 2017 | 1.74 | 1.01 |
| Dec 31, 2016 | 2.02 | 1.04 |
| Dec 31, 2015 | 2.03 | 1.11 |
| Dec 31, 2014 | 1.66 | 1.14 |
| Dec 31, 2013 | 1.47 | 1.17 |
| Dec 31, 2012 | 1.38 | 1.31 |
| Dec 31, 2011 | 1.26 | 1.20 |
| Dec 31, 2010 | 1.54 | 1.26 |
| Dec 31, 2009 | 1.40 | 1.17 |
| Dec 31, 2008 | 1.52 | 1.28 |
| Dec 31, 2007 | 1.24 | 1.28 |
| Dec 31, 2006 | 1.22 | 1.33 |
| Dec 31, 2005 | 1.13 | 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).