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GuruFocus has detected 2 Warning Signs with Occidental Petroleum Corp \$OXY.
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Occidental Petroleum Corp (NYSE:OXY)
Total Equity
\$21,497 Mil (As of Dec. 2016)

Occidental Petroleum Corp's total equity for the quarter that ended in Dec. 2016 was \$21,497 Mil.

Total equity is used to calculate book value per share. Occidental Petroleum Corp's book value per share for the quarter that ended in Dec. 2016 was \$28.13. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Occidental Petroleum Corp's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.46.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Occidental Petroleum Corp's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 43109 - 21612 = 21,497

Occidental Petroleum Corp's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 43109 - 21612 = 21,497

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Occidental Petroleum Corp's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (21497 - 0) / 764.19 = 28.13

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Occidental Petroleum Corp's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 9819) / 21497 = 0.46

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Occidental Petroleum Corp Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 22,823 27,300 29,081 32,484 37,620 40,016 43,126 34,959 24,350 21,497

Occidental Petroleum Corp Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 43,479 34,959 34,164 33,302 29,882 24,350 23,789 23,101 22,296 21,497
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