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California ResourcesFRA:1CLD +1.27%68 Debt-to-EBITDA is 0.03 as of Jun. 2026, which is 98% below its 10-year median of 1.28. GuruFocus rates FRA:1CLD with a GF Score™ of 68/100 and a GF Value™ of €49.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 718 Oil & Gas companies, California Resources ranks better than 91.36% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for California Resources's Debt-to-EBITDA or its related term are showing as below:
FRA:1CLD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.16 Med: 1.28 Max: 8.49
Current: 0.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of California Resources was 8.49. The lowest was 0.16. And the median was 1.28.
FRA:1CLD's Debt-to-EBITDA is ranked better than 91.36% of 718
companies
in the Oil & Gas industry
Industry Median: 1.93
vs FRA:1CLD: 0.16
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
California Resources Debt-to-EBITDA Related Terms
California Resources Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for California Resources's Debt-to-EBITDA 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.
FRA:1CLD vs CNX, CRK, MUR: Debt-to-EBITDA Comparison
For the Oil & Gas E&P subindustry, California Resources's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, California Resources's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where California Resources's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
California Resources (FRA:1CLD) has a Debt-to-EBITDA of 0.03 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on California Resources. This is 98% below median its historical median of 1.28. Over the past decade, California Resources' Debt-to-EBITDA has ranged from 0.16 to 8.49. According to the industry distribution chart, California Resources ranks #62 out of 718 companies in the Oil & Gas industry, placing it in the top 8.6%.
Is California Resources' Debt-to-EBITDA too high?
California Resources' current Debt-to-EBITDA of 0.03 is 98% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 8.49. The Oil & Gas industry median Debt-to-EBITDA is 1.93. California Resources' value of 0.03 is 98.4% below this industry median. Based on the distribution chart, California Resources ranks #62 out of 718 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 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Resources' Debt-to-EBITDA compare to CNX and CRK?
According to the Oil & Gas industry distribution chart, California Resources ranks #62 out of 718 companies for Debt-to-EBITDA. This places California Resources in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.93. California Resources' value of 0.03 is 98.4% below this benchmark. Historically, California Resources' own Debt-to-EBITDA has ranged from 0.16 to 8.49 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.93, California Resources has consistently been below 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 Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.93, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Resources's current Debt-to-EBITDA of 0.03 is 98.4% below 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on California Resources. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Resources's current Debt-to-EBITDA is 0.03, which is 98% below median its own 10-year median of 1.28. 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 (FRA:1CLD) is currently considered Fairly Valued. The stock's GF Value™ is €49.71, compared to a current price of €46.08 — trading 7.3% below its estimated fair value. The current Debt-to-EBITDA is 0.03, which is 98% below median its 10-year median of 1.28 and 98.4% below the Oil & Gas industry median of 1.93. California Resources' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For California Resources (FRA:1CLD), the current Debt-to-EBITDA is 0.03 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 (FRA:1CLD) Overvalued in 2026?
Based on GuruFocus' analysis, California Resources stock appears to be undervalued.
The current stock price of €46.08 is trading 7.3% below its estimated GF Value™ of €49.71.
GuruFocus considers California Resources to be Fairly Valued.
Key valuation signals for FRA:1CLD:
Debt-to-EBITDA: 0.03 (98% below median its 10-year median of 1.28)
GF Value™: €49.71 vs. price of €46.08 (7.3% below fair value)
Industry Position: 98.4% below the Oil & Gas median (#62 of 718)
No single metric tells the full story. See the FRA:1CLD 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.
68GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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