CRC (California Resources) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is California Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. California Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

California Resources's long-term debt to total assets ratio increased from Dec. 2023 (0.15) to Dec. 2024 (0.17). It may suggest that California Resources is progressively becoming more dependent on debt to grow their business.

California Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for California Resources's LT-Debt-to-Total-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.

* Premium members only.

California Resources LT-Debt-to-Total-Asset Chart

California Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.16

0.15

0.17

California Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.27	0.17	0.17

California Resources LT-Debt-to-Total-Asset Calculation

California Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1208	/	7135
	=	0.17

California Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1208	/	7135
	=	0.17

California Resources (NYSE:CRC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

California Resources LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of California Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

California Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » California Resources Corp (NYSE:CRC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1CLD:Germany

Address

1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831

Website

https://www.crc.com

California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.

Executives

James N Chapman	director	14 ALPINE ROAD, GREENWICH CT 06830
Omar Hayat	officer: EVP - Operations	1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Michael L. Preston	officer: Exec. VP, GC and Secretary	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Noelle M. Repetti	officer: Vice President and Controller	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Francisco Leon	officer: EVP Corp Dev & Strategic Plng	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Mark Allen Mcfarland	director	7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
William B Roby	director	27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Peralta Manuela Molina	officer: EVP and CFO	1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Goldentree Asset Management Lp	10 percent owner	300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Alejandra Veltmann	director	1500 CITYWEST BLVD., SUITE 800, HOUSTON TX 77042
Neeman Brady Nicole Elana	director	113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Christopher D. Gould	officer: EVP & Chief Sustainability Off	27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Assf Operating Manager Iv, L.p.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Af V Energy Iv Aiv 1a, L.p.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067