Current Ratio
since 2005
Difficulty: Beginner
Calculation
Occidental Petroleum Corp., current ratio, long-term trends, calculation
| Current Ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2005 | 1.54 | = | 6,574 | ÷ | 4,280 |
| Dec 31, 2006 | 1.27 | = | 6,006 | ÷ | 4,724 |
| Dec 31, 2007 | 1.37 | = | 8,595 | ÷ | 6,266 |
| Dec 31, 2008 | 1.17 | = | 7,172 | ÷ | 6,134 |
| Dec 31, 2009 | 1.33 | = | 8,086 | ÷ | 6,092 |
| Dec 31, 2010 | 1.67 | = | 13,059 | ÷ | 7,825 |
| Dec 31, 2011 | 1.45 | = | 11,542 | ÷ | 7,947 |
| Dec 31, 2012 | 1.30 | = | 9,492 | ÷ | 7,290 |
| Dec 31, 2013 | 1.34 | = | 11,323 | ÷ | 8,434 |
| Dec 31, 2014 | 1.68 | = | 13,873 | ÷ | 8,244 |
| Dec 31, 2015 | 1.37 | = | 9,402 | ÷ | 6,842 |
| Dec 31, 2016 | 1.32 | = | 8,428 | ÷ | 6,362 |
| Dec 31, 2017 | 1.12 | = | 8,270 | ÷ | 7,400 |
Based on: 10-K (filing date: 2006-03-01), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-25), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-03-03), 10-K (filing date: 2015-02-23), 10-K (filing date: 2016-02-26), 10-K (filing date: 2017-02-23), 10-K (filing date: 2018-02-23).
1 USD $ in millions
Comparison to Competitors
Occidental Petroleum Corp., current ratio, long-term trends, comparison to competitors
| Occidental Petroleum Corp. | Chevron Corp. | ConocoPhillips | EOG Resources Inc. | Exxon Mobil Corp. | Phillips 66 | |
|---|---|---|---|---|---|---|
| Dec 31, 2005 | 1.54 | 1.37 | 0.92 | 1.33 | 1.58 | – |
| Dec 31, 2006 | 1.27 | 1.28 | 0.95 | 1.08 | 1.55 | – |
| Dec 31, 2007 | 1.37 | 1.17 | 0.92 | 0.88 | 1.47 | – |
| Dec 31, 2008 | 1.17 | 1.14 | 0.96 | 1.19 | 1.47 | – |
| Dec 31, 2009 | 1.33 | 1.42 | 0.89 | 1.37 | 1.06 | – |
| Dec 31, 2010 | 1.67 | 1.68 | 1.26 | 1.14 | 0.94 | – |
| Dec 31, 2011 | 1.45 | 1.58 | 1.08 | 1.29 | 0.94 | – |
| Dec 31, 2012 | 1.30 | 1.63 | 1.38 | 1.23 | 1.01 | 1.44 |
| Dec 31, 2013 | 1.34 | 1.52 | 1.26 | 1.42 | 0.83 | 1.49 |
| Dec 31, 2014 | 1.68 | 1.32 | 1.31 | 1.60 | 0.82 | 1.50 |
| Dec 31, 2015 | 1.37 | 1.34 | 0.95 | 1.42 | 0.79 | 1.63 |
| Dec 31, 2016 | 1.32 | 0.93 | 1.25 | 1.75 | 0.87 | 1.34 |
| Dec 31, 2017 | 1.12 | 1.03 | 1.76 | 1.20 | 0.82 | 1.42 |
Based on: 10-K (filing date: 2006-03-01), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-25), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-03-03), 10-K (filing date: 2015-02-23), 10-K (filing date: 2016-02-26), 10-K (filing date: 2017-02-23), 10-K (filing date: 2018-02-23).
Comparison to Oil & Gas Producers Sector
Occidental Petroleum Corp., current ratio, long-term trends, comparison to Oil & Gas Producers sector
| Occidental Petroleum Corp. | Oil & Gas Producers | |
|---|---|---|
| Dec 31, 2005 | 1.54 | 1.38 |
| Dec 31, 2006 | 1.27 | 1.32 |
| Dec 31, 2007 | 1.37 | 1.26 |
| Dec 31, 2008 | 1.17 | 1.25 |
| Dec 31, 2009 | 1.33 | 1.13 |
| Dec 31, 2010 | 1.67 | 1.22 |
| Dec 31, 2011 | 1.45 | 1.14 |
| Dec 31, 2012 | 1.30 | 1.27 |
| Dec 31, 2013 | 1.34 | 1.13 |
| Dec 31, 2014 | 1.68 | 1.12 |
| Dec 31, 2015 | 1.37 | 1.05 |
| Dec 31, 2016 | 1.32 | 1.00 |
| Dec 31, 2017 | 1.12 | 1.03 |
Based on: 10-K (filing date: 2006-03-01), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-25), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-03-03), 10-K (filing date: 2015-02-23), 10-K (filing date: 2016-02-26), 10-K (filing date: 2017-02-23), 10-K (filing date: 2018-02-23).
Comparison to Oil & Gas Industry
Occidental Petroleum Corp., current ratio, long-term trends, comparison to Oil & Gas industry
| Occidental Petroleum Corp. | Oil & Gas | |
|---|---|---|
| Dec 31, 2005 | 1.54 | 1.42 |
| Dec 31, 2006 | 1.27 | 1.36 |
| Dec 31, 2007 | 1.37 | 1.31 |
| Dec 31, 2008 | 1.17 | 1.31 |
| Dec 31, 2009 | 1.33 | 1.22 |
| Dec 31, 2010 | 1.67 | 1.28 |
| Dec 31, 2011 | 1.45 | 1.21 |
| Dec 31, 2012 | 1.30 | 1.34 |
| Dec 31, 2013 | 1.34 | 1.23 |
| Dec 31, 2014 | 1.68 | 1.21 |
| Dec 31, 2015 | 1.37 | 1.25 |
| Dec 31, 2016 | 1.32 | 1.11 |
| Dec 31, 2017 | 1.12 | 1.06 |
Based on: 10-K (filing date: 2006-03-01), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-25), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-03-03), 10-K (filing date: 2015-02-23), 10-K (filing date: 2016-02-26), 10-K (filing date: 2017-02-23), 10-K (filing date: 2018-02-23).