California Historical Balance Sheet

CRC Stock  USD 58.47  0.09  0.15%   
Trend analysis of California Resources Corp balance sheet accounts such as Total Assets of 5.9 B, Other Current Liabilities of 333.9 M or Total Current Liabilities of 766.5 M provides information on California Resources' total assets, liabilities, and equity, which is the actual value of California Resources Corp to its prevalent stockholders. By breaking down trends over time using California Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining California Resources Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether California Resources Corp is a good buy for the upcoming year.

California Resources Inventory

52.53 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Resources 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 metropolitan statistical area.

About California Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of California Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. California Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of California Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which California currently owns. An asset can also be divided into two categories, current and non-current.

California Resources Balance Sheet Chart

At present, California Resources' Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 5.4 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 65.1 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of California Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in California Resources Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on California Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of California Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from California Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into California Resources Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 California Resources 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 metropolitan statistical area.
At present, California Resources' Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 5.4 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 65.1 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities547M499M338M333.9M
Total Assets3.8B4.0B4.0B5.9B

California Resources balance sheet Correlations

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-0.41-0.470.440.45-0.5-0.490.07-0.490.65-0.01-0.320.11-0.550.01-0.490.57-0.63-0.49-0.480.270.290.29-0.410.03-0.21
-0.59-0.60.570.71-0.81-0.620.02-0.620.650.28-0.630.01-0.430.31-0.620.78-0.87-0.34-0.35-0.050.290.29-0.60.27-0.42
-0.230.31-0.290.13-0.270.310.40.31-0.010.280.0-0.180.651.00.29-0.14-0.160.750.75-0.83-0.67-0.670.290.330.47
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0.20.250.390.470.370.210.470.220.110.01-0.180.25-0.22-0.160.230.340.19-0.16-0.160.610.370.370.38-0.730.02
0.230.79-0.53-0.270.430.80.460.8-0.55-0.430.650.52-0.220.630.79-0.70.580.970.97-0.73-0.83-0.830.620.130.68
-0.240.3-0.260.18-0.290.290.410.290.010.311.0-0.01-0.160.630.28-0.11-0.180.740.73-0.81-0.65-0.650.280.330.46
0.481.0-0.52-0.250.831.00.71.0-0.49-0.620.290.790.230.790.28-0.660.860.780.78-0.2-0.52-0.520.87-0.360.69
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0.620.85-0.46-0.450.970.850.40.86-0.63-0.87-0.160.810.190.58-0.180.86-0.710.50.510.06-0.34-0.340.74-0.420.52
0.220.79-0.56-0.230.360.790.520.79-0.49-0.340.750.51-0.160.970.740.78-0.610.51.0-0.76-0.82-0.820.660.090.71
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-0.14-0.520.540.35-0.18-0.54-0.33-0.530.290.29-0.67-0.350.37-0.83-0.65-0.520.69-0.34-0.82-0.840.761.0-0.42-0.39-0.56
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-0.29-0.37-0.24-0.1-0.55-0.33-0.41-0.350.030.270.33-0.37-0.730.130.33-0.36-0.14-0.420.090.1-0.58-0.39-0.39-0.58-0.08
0.250.7-0.59-0.130.430.70.380.7-0.21-0.420.470.50.020.680.460.69-0.540.520.710.73-0.41-0.56-0.560.67-0.08
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California Resources Account Relationship Matchups

California Resources balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding49M83.3M83M77.6M72.5M65.1M
Total Assets7.0B3.1B3.8B4.0B4.0B5.9B
Other Current Liab285M218M547M499M338M333.9M
Total Current Liabilities709M473M854M894M616M766.5M
Total Stockholder Equity(296M)1.2B1.7B1.9B2.2B1.8B
Property Plant And Equipment Net6.4B2.7B2.6B2.9B2.8B5.4B
Accounts Payable296M212M266M345M245M259.6M
Non Current Assets Total6.5B2.7B3.1B3.1B3.1B5.5B
Non Currrent Assets Other114M90M98M67M69M70.1M
Net Receivables347M219M292M408M278M314.2M
Liabilities And Stockholders Equity7.0B3.1B3.8B4.0B4.0B5.9B
Non Current Liabilities Total5.7B1.4B1.3B1.2B1.2B1.1B
Inventory69M67M61M60M72M52.5M
Other Current Assets2M21M96M89M83M59.2M
Other Stockholder Equity4.7B1.3B1.1B844M725M688.8M
Total Liab6.5B1.9B2.2B2.1B1.8B1.7B
Property Plant And Equipment Gross6.4B2.7B2.8B3.3B3.5B5.5B
Total Current Assets491M329M753M864M929M606.0M
Common Stock(814M)(361M)(389M)1M900K855K
Short Long Term Debt Total5.0B639M637M662M610M579.5M
Net Debt5.0B611M332M355M114M108.3M
Retained Earnings(5.4B)(123M)475M938M1.4B1.5B
Short Term Debt128M7M11M18M15M14.3M
Other Liab682M787M678M565M508.5M618.2M
Net Tangible Assets(389M)1.1B1.7B1.9B2.1B2.3B
Long Term Debt4.9B597M589M592M540M513M
Long Term Debt Total4.9B597M589M592M532.8M506.2M
Capital Surpluse5.0B1.3B1.3B1.3B1.2B1.1B
Non Current Liabilities Other682M19M583M617M62M58.9M
Property Plant Equipment6.4B2.7B2.6B2.9B2.6B3.7B
Net Invested Capital4.6B1.7B2.3B2.5B2.8B2.7B
Net Working Capital(218M)(144M)(101M)(30M)313M328.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether California Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of California Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of California Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on California Resources Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Resources 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 metropolitan statistical area.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Resources. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Dividend Share
1.318
Earnings Share
7.02
Revenue Per Share
35.122
Quarterly Revenue Growth
0.502
The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Resources' market value can be influenced by many factors that don't directly affect California Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.