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Occidental Petroleum Cash-to-Debt

: 0.06 (As of Jun. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Occidental Petroleum's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Occidental Petroleum couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

The historical rank and industry rank for Occidental Petroleum's Cash-to-Debt or its related term are showing as below:

OXY.WS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.1   Max: 1.33
Current: 0.06

During the past 13 years, Occidental Petroleum's highest Cash to Debt Ratio was 1.33. The lowest was 0.00. And the median was 0.10.

OXY.WS's Cash-to-Debt is ranked worse than
85.8% of 1056 companies
in the Oil & Gas industry
Industry Median: 0.51 vs OXY.WS: 0.06

Occidental Petroleum Cash-to-Debt Historical Data

The historical data trend for Occidental Petroleum's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Occidental Petroleum Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.29 0.08 0.05 0.09

Occidental Petroleum Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.06 0.09 0.07 0.06

Competitive Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Occidental Petroleum Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Occidental Petroleum's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's Cash-to-Debt falls into.



Occidental Petroleum Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Occidental Petroleum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Occidental Petroleum's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Occidental Petroleum  (NYSE:OXY.WS) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Occidental Petroleum Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Occidental Petroleum's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Occidental Petroleum Business Description

Occidental Petroleum logo
Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
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