Chevron financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Chevron financial risk is the risk to Chevron stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Check also analysis of Chevron Fundamentals Over Time.
The company has 36.11B in debt with debt to equity (D/E) ratio of 23.3 . This implies that the company may be unable to create cash to meet all of its financial commitments. Chevron Corporation has Current Ratio of 1.2 demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due.
Chevron Accumulated Other Comprehensive Income Over Time
Correlation analysis and pair trading evaluation for Chevron and Eni S p. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return