Occidental Petroleum (XKAZ:OXY_KZ) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Occidental Petroleum 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. Occidental Petroleum's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Occidental Petroleum's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.30). It may suggest that Occidental Petroleum is progressively becoming more dependent on debt to grow their business.

Occidental Petroleum LT-Debt-to-Total-Asset Historical Data

The historical data trend for Occidental Petroleum'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.

Occidental Petroleum LT-Debt-to-Total-Asset Chart

Occidental Petroleum Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.45

0.40

0.28

0.26

0.30

Occidental Petroleum 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															0.26	0.26	0.25	0.30	0.30

Occidental Petroleum LT-Debt-to-Total-Asset Calculation

Occidental Petroleum'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 )
	=	25592	/	85445
	=	0.30

Occidental Petroleum'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 )
	=	25592	/	85445
	=	0.30

Occidental Petroleum (XKAZ:OXY_KZ) 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.

Occidental Petroleum LT-Debt-to-Total-Asset Related Terms

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

Occidental Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Occidental Petroleum Corp (XKAZ:OXY_KZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OXY.WS:USA OXY:USA OXY:Peru OXY1:Mexico 1OXY:Italy 0KAK:UK OPC:Germany OPC:Germany OPC:Germany OPC:Germany OXY:Canada OXYP34:Brazil OPC:Bulgaria OXYP:Austria

Address

5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046

Website

https://www.oxy.com

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

Occidental Petroleum Headlines

No Headlines