Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Exxon Mobil Corp., liquidity ratios (quarterly data)
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)
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 | |||||||
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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)
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)
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. |