Chevron Long Term Debt vs Property Plant Equipment Analysis

CVX Stock  USD 162.11  0.42  0.26%   
Chevron Corp financial indicator trend analysis is way more than just evaluating Chevron Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron Corp is a good investment. Please check the relationship between Chevron Corp Long Term Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chevron Corp Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chevron Corp's Long Term Debt and Property Plant Equipment is 0.7. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Chevron Corp, assuming nothing else is changed. The correlation between historical values of Chevron Corp's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Chevron Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Chevron Corp's Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Chevron Corp has held for over one year. Long-term debt appears on Chevron Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Chevron Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

Most indicators from Chevron Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chevron Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.At this time, Chevron Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 8.6 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.13 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit45.4B74.0B60.4B49.1B
Total Revenue155.6B246.3B196.9B149.3B

Chevron Corp fundamental ratios Correlations

0.790.240.520.830.740.69-0.010.760.760.540.72-0.210.530.790.85-0.010.380.70.57-0.840.780.710.73-0.20.85
0.790.590.670.780.980.970.330.990.620.380.98-0.30.360.630.92-0.030.130.820.57-0.820.980.970.560.140.92
0.240.590.190.050.60.720.940.54-0.22-0.390.70.19-0.4-0.170.43-0.320.140.25-0.13-0.490.670.73-0.290.610.43
0.520.670.190.550.70.620.010.690.610.380.63-0.290.370.560.650.17-0.20.660.73-0.530.630.640.5-0.260.65
0.830.780.050.550.710.65-0.240.770.930.750.67-0.50.730.920.810.10.150.770.72-0.670.720.620.89-0.10.8
0.740.980.60.70.710.950.350.970.550.360.96-0.350.350.560.840.03-0.040.780.54-0.770.940.960.50.180.84
0.690.970.720.620.650.950.490.940.470.240.98-0.270.220.450.84-0.050.080.680.5-0.760.980.950.390.310.84
-0.010.330.940.01-0.240.350.490.29-0.47-0.680.480.43-0.69-0.420.21-0.440.170.03-0.39-0.30.420.52-0.570.610.21
0.760.990.540.690.770.970.940.290.630.370.97-0.260.350.640.94-0.020.130.870.55-0.830.940.960.560.10.93
0.760.62-0.220.610.930.550.47-0.470.630.810.5-0.520.790.970.710.170.130.720.81-0.530.560.450.96-0.420.71
0.540.38-0.390.380.750.360.24-0.680.370.810.22-0.741.00.760.370.49-0.170.470.79-0.230.320.160.93-0.350.37
0.720.980.70.630.670.960.980.480.970.50.22-0.170.20.510.91-0.110.170.780.46-0.820.970.990.410.220.9
-0.21-0.30.19-0.29-0.5-0.35-0.270.43-0.26-0.52-0.74-0.17-0.74-0.45-0.08-0.460.61-0.18-0.61-0.09-0.28-0.12-0.610.0-0.07
0.530.36-0.40.370.730.350.22-0.690.350.791.00.2-0.740.740.350.53-0.180.440.79-0.220.30.140.92-0.350.35
0.790.63-0.170.560.920.560.45-0.420.640.970.760.51-0.450.740.730.110.180.760.69-0.560.560.480.94-0.430.73
0.850.920.430.650.810.840.840.210.940.710.370.91-0.080.350.73-0.110.410.880.56-0.890.880.890.61-0.091.0
-0.01-0.03-0.320.170.10.03-0.05-0.44-0.020.170.49-0.11-0.460.530.11-0.11-0.47-0.110.340.24-0.09-0.130.31-0.01-0.11
0.380.130.14-0.20.15-0.040.080.170.130.13-0.170.170.61-0.180.180.41-0.470.25-0.11-0.530.150.150.05-0.190.41
0.70.820.250.660.770.780.680.030.870.720.470.78-0.180.440.760.88-0.110.250.56-0.80.730.780.67-0.240.88
0.570.57-0.130.730.720.540.5-0.390.550.810.790.46-0.610.790.690.560.34-0.110.56-0.420.560.390.8-0.330.56
-0.84-0.82-0.49-0.53-0.67-0.77-0.76-0.3-0.83-0.53-0.23-0.82-0.09-0.22-0.56-0.890.24-0.53-0.8-0.42-0.79-0.81-0.440.06-0.89
0.780.980.670.630.720.940.980.420.940.560.320.97-0.280.30.560.88-0.090.150.730.56-0.790.950.490.190.88
0.710.970.730.640.620.960.950.520.960.450.160.99-0.120.140.480.89-0.130.150.780.39-0.810.950.360.190.89
0.730.56-0.290.50.890.50.39-0.570.560.960.930.41-0.610.920.940.610.310.050.670.8-0.440.490.36-0.420.61
-0.20.140.61-0.26-0.10.180.310.610.1-0.42-0.350.220.0-0.35-0.43-0.09-0.01-0.19-0.24-0.330.060.190.19-0.42-0.09
0.850.920.430.650.80.840.840.210.930.710.370.9-0.070.350.731.0-0.110.410.880.56-0.890.880.890.61-0.09
Click cells to compare fundamentals

Chevron Corp Account Relationship Matchups

Chevron Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.9B1.9B1.9B1.9B1.9B2.0B
Total Assets237.4B239.8B239.5B257.7B261.6B171.8B
Short Long Term Debt Total27.0B44.3B31.4B23.3B26.1B20.5B
Other Current Liab9.1B7.8B10.1B7.5B9.4B6.1B
Total Current Liabilities26.5B22.2B26.8B34.2B32.3B25.7B
Total Stockholder Equity176.8B162.2B167.4B191.9B161.0B107.1B
Property Plant And Equipment Net154.6B160.6B150.6B147.9B159.0B106.7B
Net Debt21.3B38.7B25.7B5.7B17.6B12.4B
Retained Earnings174.9B160.4B165.5B190.0B200.0B109.6B
Accounts Payable14.1B11.0B16.5B19.0B20.4B14.1B
Cash5.7B5.6B5.6B17.7B8.2B8.1B
Non Current Assets Total197.7B204.0B195.7B197.8B220.5B135.8B
Non Currrent Assets Other3.4B1.1B768M(17.1B)9.9B10.4B
Cash And Short Term Investments5.7B5.6B5.7B17.9B8.2B8.7B
Net Receivables13.3B11.5B18.4B20.5B19.9B14.7B
Short Term Investments63M31M35M223M45M42.8M
Liabilities And Stockholders Equity237.4B239.8B239.5B257.7B261.6B171.8B
Non Current Liabilities Total23.4B42.3B30.7B21.0B67.4B70.8B
Inventory5.8B5.7B6.8B8.2B8.6B5.0B
Other Current Assets3.5B3.3B3.3B3.7B4.4B3.2B
Other Stockholder Equity(27.3B)(24.7B)(24.2B)(29.5B)(37.7B)(35.8B)
Total Liab92.2B107.1B99.6B97.5B99.7B75.5B
Property Plant And Equipment Gross326.7B345.2B336.0B327.8B346.1B203.3B
Total Current Assets28.3B26.1B33.7B50.3B41.1B32.1B
Accumulated Other Comprehensive Income(5.2B)(5.9B)(4.1B)(3.0B)(3.2B)(3.4B)
Short Term Debt3.3B1.5B256M2.0B529M502.6M
Property Plant Equipment154.6B160.6B150.6B147.9B170.0B104.0B
Other Liab39.4B39.5B39.2B39.0B44.8B30.0B
Other Assets11.4B9.7B10.1B9.6B261.6B274.7B
Long Term Debt23.7B42.3B30.7B21.0B19.7B19.9B
Treasury Stock(44.6B)(41.5B)(41.5B)(48.2B)(43.4B)(45.5B)
Good Will4.5B4.4B4.4B4.7B4.2B3.7B
Net Tangible Assets139.8B127.3B131.5B154.6B177.7B146.7B
Noncontrolling Interest In Consolidated Entity995M1.0B873M960M1.1B1.1B
Retained Earnings Total Equity174.9B160.4B165.5B190.0B218.5B179.6B

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.