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California ResourcesCRC +1.06%65 Equity-to-Asset is 0.48 as of Jun. 2026, which is 41% above its 10-year median of 0.34. 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 1,035 Oil & Gas companies, California Resources ranks worse than 51.4% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. California Resources's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3,402 Mil. California Resources's Total Assets for the quarter that ended in Jun. 2026 was $7,103 Mil.
Therefore, California Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.48.
The historical rank and industry rank for California Resources's Equity-to-Asset or its related term are showing as below:
CRC'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.5 Med: 0.34 Max: 0.56
Current: 0.48
During the past 13 years, the highest Equity to Asset Ratio of California Resources was 0.56. The lowest was -0.50. And the median was 0.34.
CRC's Equity-to-Asset is ranked worse than 51.4% of 1035
companies
in the Oil & Gas industry
Industry Median: 0.49
vs CRC: 0.48
California Resources (NYSE:CRC) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
California Resources Equity-to-Asset Related Terms
California Resources Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for California Resources's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, California Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where California Resources's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
California Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
California Resources (CRC) has a Equity-to-Asset of 0.48 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on California Resources and its competitors. This is 41% above median its historical median of 0.34. According to the industry distribution chart, California Resources ranks #532 out of 1035 companies in the Oil & Gas industry, placing it in the top 51.4%.
Is California Resources' Equity-to-Asset too high?
California Resources' current Equity-to-Asset of 0.48 is 41% above median its 10-year median of 0.34. The Oil & Gas industry median Equity-to-Asset is 0.49. California Resources' value of 0.48 is 2% below this industry median. Based on the distribution chart, California Resources ranks #532 out of 1035 companies in the Oil & Gas industry, which is below the industry midpoint. 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' Equity-to-Asset compare to CNX and CRK?
According to the Oil & Gas industry distribution chart, California Resources ranks #532 out of 1035 companies for Equity-to-Asset. This places California Resources in the lower half of its industry. The industry median Equity-to-Asset is 0.49. California Resources' value of 0.48 is 2% below this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.49, 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Resources's current Equity-to-Asset of 0.48 is 2% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on California Resources and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Resources's current Equity-to-Asset is 0.48, which is 41% above median its own 10-year median of 0.34. 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 Equity-to-Asset is 0.48, which is 41% above median its 10-year median of 0.34 and 2% below the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For California Resources (CRC), the current Equity-to-Asset is 0.48 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:
Equity-to-Asset: 0.48 (41% above median its 10-year median of 0.34)
GF Value™: $57.51 vs. price of $53.31 (7.3% below fair value)
Industry Position: 2% below the Oil & Gas median (#532 of 1035)
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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