Stock Analysis on Net
Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity ratios measure the company’s ability to meet its short-term obligations.


Liquidity Ratios (Summary)

Exxon Mobil Corp., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Current ratio 0.80 0.86 0.93 0.78 0.78 0.78 0.74 0.77 0.84 0.83 0.81 0.80 0.82 0.85 0.83 0.81 0.87 0.86 0.89 0.91
Quick ratio 0.44 0.51 0.55 0.50 0.47 0.48 0.45 0.48 0.49 0.51 0.49 0.48 0.50 0.51 0.50 0.50 0.53 0.51 0.51 0.51
Cash ratio 0.08 0.16 0.22 0.18 0.05 0.08 0.06 0.07 0.05 0.09 0.05 0.07 0.05 0.08 0.08 0.09 0.08 0.10 0.08 0.10

Based on: 10-K (filing date: 2021-02-24), 10-Q (filing date: 2020-11-04), 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Exxon Mobil Corp.’s current ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Exxon Mobil Corp.’s quick ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Exxon Mobil Corp.’s cash ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.

Current Ratio

Exxon Mobil Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Current assets 44,893  48,693  53,016  50,249  50,052  50,008  51,743  51,576  47,973  53,975  50,555  48,315  47,134  45,752  42,180  43,131  41,416  42,945  45,828  44,251 
Current liabilities 56,363  56,468  57,270  64,773  63,989  64,195  70,287  66,632  57,138  65,288  62,447  60,306  57,771  53,777  50,949  53,374  47,638  50,021  51,504  48,726 
Liquidity Ratio
Current ratio1 0.80 0.86 0.93 0.78 0.78 0.78 0.74 0.77 0.84 0.83 0.81 0.80 0.82 0.85 0.83 0.81 0.87 0.86 0.89 0.91
Benchmarks
Current Ratio, Competitors2
Chevron Corp. 1.18 1.26 1.14 1.01 1.07 1.12 1.15 1.12 1.25 1.22 1.08 1.04 1.03 1.04 0.95 1.04 0.93 1.17 1.30 1.09

Based on: 10-K (filing date: 2021-02-24), 10-Q (filing date: 2020-11-04), 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04).

1 Q4 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 44,893 ÷ 56,363 = 0.80

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. Exxon Mobil Corp.’s current ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.

Quick Ratio

Exxon Mobil Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,364  8,832  12,576  11,412  3,089  5,351  4,213  4,586  3,042  5,669  3,430  4,125  3,177  4,266  4,042  4,897  3,657  5,093  4,358  4,846 
Notes and accounts receivable, net 20,581  19,974  19,036  20,871  26,966  25,308  27,132  27,105  24,701  27,880  26,993  24,686  25,597  23,263  21,289  21,842  21,394  20,388  21,827  19,814 
Total quick assets 24,945  28,806  31,612  32,283  30,055  30,659  31,345  31,691  27,743  33,549  30,423  28,811  28,774  27,529  25,331  26,739  25,051  25,481  26,185  24,660 
 
Current liabilities 56,363  56,468  57,270  64,773  63,989  64,195  70,287  66,632  57,138  65,288  62,447  60,306  57,771  53,777  50,949  53,374  47,638  50,021  51,504  48,726 
Liquidity Ratio
Quick ratio1 0.44 0.51 0.55 0.50 0.47 0.48 0.45 0.48 0.49 0.51 0.49 0.48 0.50 0.51 0.50 0.50 0.53 0.51 0.51 0.51
Benchmarks
Quick Ratio, Competitors2
Chevron Corp. 0.77 0.84 0.74 0.66 0.72 0.82 0.80 0.79 0.93 0.91 0.76 0.73 0.73 0.74 0.64 0.73 0.66 0.82 0.91 0.73

Based on: 10-K (filing date: 2021-02-24), 10-Q (filing date: 2020-11-04), 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04).

1 Q4 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 24,945 ÷ 56,363 = 0.44

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. Exxon Mobil Corp.’s quick ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.

Cash Ratio

Exxon Mobil Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,364  8,832  12,576  11,412  3,089  5,351  4,213  4,586  3,042  5,669  3,430  4,125  3,177  4,266  4,042  4,897  3,657  5,093  4,358  4,846 
Total cash assets 4,364  8,832  12,576  11,412  3,089  5,351  4,213  4,586  3,042  5,669  3,430  4,125  3,177  4,266  4,042  4,897  3,657  5,093  4,358  4,846 
 
Current liabilities 56,363  56,468  57,270  64,773  63,989  64,195  70,287  66,632  57,138  65,288  62,447  60,306  57,771  53,777  50,949  53,374  47,638  50,021  51,504  48,726 
Liquidity Ratio
Cash ratio1 0.08 0.16 0.22 0.18 0.05 0.08 0.06 0.07 0.05 0.09 0.05 0.07 0.05 0.08 0.08 0.09 0.08 0.10 0.08 0.10
Benchmarks
Cash Ratio, Competitors2
Chevron Corp. 0.25 0.35 0.33 0.30 0.22 0.39 0.30 0.29 0.38 0.33 0.24 0.21 0.17 0.24 0.17 0.25 0.22 0.31 0.36 0.30

Based on: 10-K (filing date: 2021-02-24), 10-Q (filing date: 2020-11-04), 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04).

1 Q4 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 4,364 ÷ 56,363 = 0.08

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. Exxon Mobil Corp.’s cash ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.