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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 Dec. 2023 was $2,219 Mil. California Resources's Total Assets for the quarter that ended in Dec. 2023 was $3,998 Mil. Therefore, California Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.
The historical rank and industry rank for California Resources's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of California Resources was 0.56. The lowest was -0.13. And the median was 0.08.
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.
California Resources Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | -0.06 | 0.37 | 0.44 | 0.47 | 0.56 |
California Resources Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.47 | 0.52 | 0.54 | 0.52 | 0.56 |
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.
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. 2023 is calculated as
Equity to Asset (A: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 2219 | / | 3998 | |
= | 0.56 |
California Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
Equity to Asset (Q: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 2219 | / | 3998 | |
= | 0.56 |
* 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 (OTCPK:CRCQQ) 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%.
Thank you for viewing the detailed overview of California Resources's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Roy Pineci | officer: SVP - Finance | 10889 WILSHIRE BOULEVARD, LOS ANGELES CA 90024 |
William E Albrecht | director | 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311 |
Marshall D Smith | officer: Senior EVP & CFO | 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311 |
Avedick Baruyr Poladian | director | 701 WESTERN AVENUE, GLENDALE CA 91201 |
Harry T. Mcmahon | director | 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311 |
Laurie Siegel | director | C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036 |
Harold M Korell | director | 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311 |
Justin A. Gannon | director | 3 CHESTER DOWNS, SAN ANTONIO TX 78257 |
Anita M. Powers | director | 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311 |
Robert V Sinnott | director | 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067 |
Michael S. Helm | officer: Vice President and Controller | 5201 TRUXTUN AVE, BAKERSFIELD CA 93309 |
Havner Ronald L Jr | director | 701 WESTERN AVENUE, GLENDALE CA 91201 |
Timothy J Sloan | director | 333 S GRAND AVENUE, LOS ANGELES CA 90071 |
Catherine A Kehr | director | 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391 |
Occidental Petroleum Corp /de/ | 10 percent owner | 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046 |
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