Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Anadarko Petroleum Corp., liquidity ratios
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | ||
|---|---|---|---|---|---|---|
| Current ratio | 1.58 | 0.95 | 1.10 | 1.25 | 1.70 | |
| Quick ratio | 1.48 | 0.82 | 0.97 | 1.13 | 1.31 | |
| Cash ratio | 0.96 | 0.22 | 0.72 | 0.65 | 0.62 |
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Anadarko Petroleum Corp. current ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Anadarko Petroleum Corp. quick ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Anadarko Petroleum Corp. cash ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |
Current Ratio
Anadarko Petroleum Corp., current ratio calculation, comparison to benchmarks
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 5,266) | 3,982) | 11,221) | 7,108) | 6,795) | |
| Current liabilities | 3,328) | 4,181) | 10,234) | 5,703) | 3,994) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 1.58 | 0.95 | 1.10 | 1.25 | 1.70 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Chevron Corp. | — | — | — | — | — | |
| ConocoPhillips | — | — | — | — | — | |
| Exxon Mobil Corp. | — | — | — | — | — | |
| Marathon Petroleum Corp. | — | — | — | — | — | |
| Occidental Petroleum Corp. | — | — | — | — | — | |
| Valero Energy Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 2016 Calculation
Current ratio = Current assets ÷ Current liabilities
= 5,266 ÷ 3,328 = 1.58
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Anadarko Petroleum Corp. current ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |
Quick Ratio
Anadarko Petroleum Corp., quick ratio calculation, comparison to benchmarks
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 3,184) | 939) | 7,369) | 3,698) | 2,471) | |
| Accounts receivable, net of allowance, customers | 1,007) | 652) | 1,118) | 1,481) | 1,473) | |
| Accounts receivable, net of allowance, others | 721) | 1,817) | 1,409) | 1,241) | 1,274) | |
| Total quick assets | 4,912) | 3,408) | 9,896) | 6,420) | 5,218) | |
| Current liabilities | 3,328) | 4,181) | 10,234) | 5,703) | 3,994) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 1.48 | 0.82 | 0.97 | 1.13 | 1.31 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Chevron Corp. | — | — | — | — | — | |
| ConocoPhillips | — | — | — | — | — | |
| Exxon Mobil Corp. | — | — | — | — | — | |
| Marathon Petroleum Corp. | — | — | — | — | — | |
| Occidental Petroleum Corp. | — | — | — | — | — | |
| Valero Energy Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 2016 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,912 ÷ 3,328 = 1.48
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Anadarko Petroleum Corp. quick ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |
Cash Ratio
Anadarko Petroleum Corp., cash ratio calculation, comparison to benchmarks
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 3,184) | 939) | 7,369) | 3,698) | 2,471) | |
| Total cash assets | 3,184) | 939) | 7,369) | 3,698) | 2,471) | |
| Current liabilities | 3,328) | 4,181) | 10,234) | 5,703) | 3,994) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.96 | 0.22 | 0.72 | 0.65 | 0.62 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Chevron Corp. | — | — | — | — | — | |
| ConocoPhillips | — | — | — | — | — | |
| Exxon Mobil Corp. | — | — | — | — | — | |
| Marathon Petroleum Corp. | — | — | — | — | — | |
| Occidental Petroleum Corp. | — | — | — | — | — | |
| Valero Energy Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 2016 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,184 ÷ 3,328 = 0.96
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Anadarko Petroleum Corp. cash ratio deteriorated from 2014 to 2015 but then improved from 2015 to 2016 exceeding 2014 level. |