Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Devon Energy Corp. current ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Devon Energy Corp. quick ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Devon Energy Corp. cash ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |
Current Ratio
Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | |||||||
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Selected Financial Data (US$ in millions) | |||||||||||||||||||||||
Current assets | 4,973 | 4,249 | 4,227 | 3,076 | 3,467 | 3,260 | 3,477 | 3,378 | 4,055 | 3,851 | 2,846 | 5,167 | 2,703 | 4,437 | 4,757 | 13,820 | 3,635 | ||||||
Current liabilities | 3,754 | 3,087 | 3,505 | 3,072 | 2,945 | 1,440 | 1,709 | 1,452 | 1,554 | 1,927 | 1,658 | 3,467 | 1,968 | 2,226 | 3,224 | 8,377 | 3,482 | ||||||
Liquidity Ratio | |||||||||||||||||||||||
Current ratio1 | 1.32 | 1.38 | 1.21 | 1.00 | 1.18 | 2.26 | 2.03 | 2.33 | 2.61 | 2.00 | 1.72 | 1.49 | 1.37 | 1.99 | 1.48 | 1.65 | 1.04 | ||||||
Benchmarks | |||||||||||||||||||||||
Current Ratio, Competitors2 | |||||||||||||||||||||||
Chevron Corp. | 1.43 | 1.26 | 1.28 | 1.17 | 1.11 | 1.18 | 1.26 | 1.14 | 1.01 | 1.07 | 1.12 | 1.15 | 1.12 | 1.25 | 1.22 | 1.08 | 1.04 | ||||||
ConocoPhillips | 1.51 | 1.34 | 1.93 | 2.11 | 2.03 | 2.25 | 2.38 | 2.69 | 2.16 | 2.40 | 2.56 | 1.76 | 1.86 | 1.79 | 1.99 | 1.75 | 1.85 | ||||||
Exxon Mobil Corp. | 1.07 | 1.04 | 0.90 | 0.85 | 0.80 | 0.80 | 0.86 | 0.93 | 0.78 | 0.78 | 0.78 | 0.74 | 0.77 | 0.84 | 0.83 | 0.81 | 0.80 | ||||||
Marathon Oil Corp. | 1.10 | 1.11 | 0.99 | 1.32 | 1.13 | 1.33 | 1.23 | 1.32 | 1.32 | 1.22 | 1.06 | 1.09 | 1.49 | 1.59 | 1.43 | 1.51 | 1.52 | ||||||
Occidental Petroleum Corp. | 1.16 | 1.23 | 1.08 | 1.34 | 1.17 | 1.07 | 1.02 | 0.85 | 1.18 | 1.25 | 1.33 | 1.20 | 1.23 | 1.34 | 1.33 | 1.36 | 1.26 | ||||||
Pioneer Natural Resources Co. | 1.54 | 1.52 | 0.63 | 0.55 | 0.79 | 1.36 | 1.43 | 0.75 | 0.99 | 0.88 | 0.78 | 0.86 | 0.99 | 1.42 | 1.20 | 1.09 | 1.26 | ||||||
Valero Energy Corp. | 1.18 | 1.26 | 1.31 | 1.36 | 1.43 | 1.71 | 1.90 | 1.75 | 1.31 | 1.44 | 1.40 | 1.42 | 1.43 | 1.65 | 1.59 | 1.67 | 1.70 |
Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,973 ÷ 3,754 = 1.32
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. | Devon Energy Corp. current ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |
Quick Ratio
Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||
Cash, cash equivalents and restricted cash | 2,625 | 2,271 | 2,321 | 1,539 | 1,878 | 2,237 | 1,897 | 1,669 | 1,727 | 1,844 | 1,655 | 3,840 | 1,327 | 2,414 | 3,102 | 1,460 | 1,424 | ||||||
Accounts receivable | 2,002 | 1,543 | 1,517 | 1,185 | 1,089 | 601 | 493 | 515 | 594 | 832 | 787 | 842 | 1,038 | 885 | 1,226 | 1,141 | 1,695 | ||||||
Total quick assets | 4,627 | 3,814 | 3,838 | 2,724 | 2,967 | 2,838 | 2,390 | 2,184 | 2,321 | 2,676 | 2,442 | 4,682 | 2,365 | 3,299 | 4,328 | 2,601 | 3,119 | ||||||
Current liabilities | 3,754 | 3,087 | 3,505 | 3,072 | 2,945 | 1,440 | 1,709 | 1,452 | 1,554 | 1,927 | 1,658 | 3,467 | 1,968 | 2,226 | 3,224 | 8,377 | 3,482 | ||||||
Liquidity Ratio | |||||||||||||||||||||||
Quick ratio1 | 1.23 | 1.24 | 1.10 | 0.89 | 1.01 | 1.97 | 1.40 | 1.50 | 1.49 | 1.39 | 1.47 | 1.35 | 1.20 | 1.48 | 1.34 | 0.31 | 0.90 | ||||||
Benchmarks | |||||||||||||||||||||||
Quick Ratio, Competitors2 | |||||||||||||||||||||||
Chevron Corp. | 1.12 | 0.90 | 0.90 | 0.83 | 0.77 | 0.77 | 0.84 | 0.74 | 0.66 | 0.72 | 0.82 | 0.80 | 0.79 | 0.93 | 0.91 | 0.76 | 0.73 | ||||||
ConocoPhillips | 1.29 | 1.10 | 1.66 | 1.86 | 1.81 | 1.98 | 2.04 | 2.29 | 1.72 | 1.93 | 2.30 | 1.35 | 1.65 | 1.58 | 1.51 | 1.50 | 1.58 | ||||||
Exxon Mobil Corp. | 0.74 | 0.69 | 0.55 | 0.51 | 0.47 | 0.44 | 0.51 | 0.55 | 0.50 | 0.47 | 0.48 | 0.45 | 0.48 | 0.49 | 0.51 | 0.49 | 0.48 | ||||||
Marathon Oil Corp. | 1.05 | 1.05 | 0.93 | 1.26 | 1.08 | 1.23 | 1.13 | 1.07 | 1.05 | 1.13 | 0.97 | 0.85 | 1.13 | 1.39 | 1.35 | 1.39 | 1.42 | ||||||
Occidental Petroleum Corp. | 0.84 | 0.84 | 0.61 | 0.82 | 0.62 | 0.50 | 0.38 | 0.34 | 0.37 | 0.63 | 0.68 | 0.89 | 0.94 | 1.07 | 1.07 | 0.85 | 0.96 | ||||||
Pioneer Natural Resources Co. | 1.40 | 1.41 | 0.54 | 0.46 | 0.67 | 1.22 | 1.26 | 0.57 | 0.70 | 0.77 | 0.62 | 0.73 | 0.86 | 1.24 | 1.06 | 0.90 | 1.13 | ||||||
Valero Energy Corp. | 0.79 | 0.86 | 0.85 | 0.89 | 0.92 | 1.01 | 1.19 | 0.89 | 0.79 | 0.87 | 0.84 | 0.88 | 0.86 | 0.96 | 0.95 | 1.06 | 1.07 |
Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,627 ÷ 3,754 = 1.23
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. | Devon Energy Corp. quick ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |
Cash Ratio
Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||
Cash, cash equivalents and restricted cash | 2,625 | 2,271 | 2,321 | 1,539 | 1,878 | 2,237 | 1,897 | 1,669 | 1,727 | 1,844 | 1,655 | 3,840 | 1,327 | 2,414 | 3,102 | 1,460 | 1,424 | ||||||
Total cash assets | 2,625 | 2,271 | 2,321 | 1,539 | 1,878 | 2,237 | 1,897 | 1,669 | 1,727 | 1,844 | 1,655 | 3,840 | 1,327 | 2,414 | 3,102 | 1,460 | 1,424 | ||||||
Current liabilities | 3,754 | 3,087 | 3,505 | 3,072 | 2,945 | 1,440 | 1,709 | 1,452 | 1,554 | 1,927 | 1,658 | 3,467 | 1,968 | 2,226 | 3,224 | 8,377 | 3,482 | ||||||
Liquidity Ratio | |||||||||||||||||||||||
Cash ratio1 | 0.70 | 0.74 | 0.66 | 0.50 | 0.64 | 1.55 | 1.11 | 1.15 | 1.11 | 0.96 | 1.00 | 1.11 | 0.67 | 1.08 | 0.96 | 0.17 | 0.41 | ||||||
Benchmarks | |||||||||||||||||||||||
Cash Ratio, Competitors2 | |||||||||||||||||||||||
Chevron Corp. | 0.38 | 0.21 | 0.24 | 0.27 | 0.26 | 0.25 | 0.35 | 0.33 | 0.30 | 0.22 | 0.39 | 0.30 | 0.29 | 0.38 | 0.33 | 0.24 | 0.21 | ||||||
ConocoPhillips | 0.61 | 0.55 | 1.14 | 1.31 | 1.18 | 1.46 | 1.58 | 1.92 | 1.35 | 1.45 | 1.69 | 0.95 | 1.12 | 1.03 | 0.90 | 0.90 | 0.99 | ||||||
Exxon Mobil Corp. | 0.15 | 0.12 | 0.08 | 0.06 | 0.06 | 0.08 | 0.16 | 0.22 | 0.18 | 0.05 | 0.08 | 0.06 | 0.07 | 0.05 | 0.09 | 0.05 | 0.07 | ||||||
Marathon Oil Corp. | 0.34 | 0.35 | 0.29 | 0.62 | 0.59 | 0.61 | 0.71 | 0.49 | 0.57 | 0.49 | 0.49 | 0.39 | 0.55 | 0.80 | 0.73 | 0.82 | 0.84 | ||||||
Occidental Petroleum Corp. | 0.22 | 0.33 | 0.23 | 0.48 | 0.26 | 0.24 | 0.18 | 0.10 | 0.17 | 0.20 | 0.31 | 0.22 | 0.23 | 0.41 | 0.35 | 0.17 | 0.23 | ||||||
Pioneer Natural Resources Co. | 0.80 | 1.00 | 0.17 | 0.07 | 0.28 | 0.85 | 0.86 | 0.21 | 0.43 | 0.36 | 0.27 | 0.42 | 0.51 | 0.79 | 0.66 | 0.52 | 0.77 | ||||||
Valero Energy Corp. | 0.13 | 0.24 | 0.24 | 0.25 | 0.18 | 0.36 | 0.50 | 0.32 | 0.17 | 0.20 | 0.18 | 0.16 | 0.22 | 0.28 | 0.28 | 0.39 | 0.43 |
Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,625 ÷ 3,754 = 0.70
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. | Devon Energy Corp. cash ratio improved from Q3 2021 to Q4 2021 but then slightly deteriorated from Q4 2021 to Q1 2022. |