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California ResourcesCRC +1.06%65 Current Ratio is 3.87 as of Jun. 2026, which is 409% above its 10-year median of 0.76. GuruFocus rates CRC with a GF Score™ of 65/100 and a GF Value™ of $57.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,025 Oil & Gas companies, California Resources ranks better than 84% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. California Resources's current ratio for the quarter that ended in Jun. 2026 was 3.87.
California Resources has a current ratio of 3.87. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for California Resources's Current Ratio or its related term are showing as below:
CRC'
s Current Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.76 Max: 3.87
Current: 3.87
During the past 13 years, California Resources's highest Current Ratio was 3.87. The lowest was 0.07. And the median was 0.76.
CRC's Current Ratio is ranked better than 84% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.36
vs CRC: 3.87
California Resources (NYSE:CRC) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
California Resources Current Ratio Related Terms
California Resources Current Ratio Historical Data
* Premium members only.
The historical data trend for California Resources's Current Ratio 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.
For the Oil & Gas E&P subindustry, California Resources's Current Ratio, along with its competitors' market caps and Current Ratio 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.
California Resources Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, California Resources's Current Ratio distribution charts can be found below:
* The bar in red indicates where California Resources's Current Ratio falls into.
* 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.
California Resources (CRC) has a Current Ratio of 3.87 as of Jun. 2026. This is 409% above median its historical median of 0.76. Over the past decade, California Resources' Current Ratio has ranged from 0.07 to 3.87. According to the industry distribution chart, California Resources ranks #164 out of 1025 companies in the Oil & Gas industry, placing it in the top 16%.
Is California Resources' Current Ratio too high?
California Resources' current Current Ratio of 3.87 is 409% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 3.87. The Oil & Gas industry median Current Ratio is 1.36. California Resources' value of 3.87 is 184.6% above this industry median. Based on the distribution chart, California Resources ranks #164 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, California Resources has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Resources' Current Ratio compare to CNX and CRK?
According to the Oil & Gas industry distribution chart, California Resources ranks #164 out of 1025 companies for Current Ratio. This places California Resources in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. California Resources' value of 3.87 is 184.6% above this benchmark. Historically, California Resources' own Current Ratio has ranged from 0.07 to 3.87 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.36, California Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.36, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Resources's current Current Ratio of 3.87 is 184.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Resources's current Current Ratio is 3.87, which is 409% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Resources stock overvalued right now?
Based on GuruFocus' analysis, California Resources (CRC) is currently considered Fairly Valued. The stock's GF Value™ is $57.51, compared to a current price of $53.31 — trading 7.3% below its estimated fair value. The current Current Ratio is 3.87, which is 409% above median its 10-year median of 0.76 and 184.6% above the Oil & Gas industry median of 1.36. California Resources' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For California Resources (CRC), the current Current Ratio is 3.87 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is California Resources (CRC) Overvalued in 2026?
Based on GuruFocus' analysis, California Resources stock appears to be undervalued.
The current stock price of $53.31 is trading 7.3% below its estimated GF Value™ of $57.51.
GuruFocus considers California Resources to be Fairly Valued.
Key valuation signals for CRC:
Current Ratio: 3.87 (409% above median its 10-year median of 0.76)
GF Value™: $57.51 vs. price of $53.31 (7.3% below fair value)
Industry Position: 184.6% above the Oil & Gas median (#164 of 1025)
No single metric tells the full story. See the CRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
65GF Score
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