Chevron Average Equity vs Invested Capital Analysis

CVX -- USA Stock  

USD 122.27  0.60  0.49%

Chevron financial indicator trend analysis is way more than just evaluating Chevron prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron is a good investment. Please check the relationship between Chevron Average Equity and its Invested Capital accounts. Check also Trending Equities.

Average Equity vs Invested Capital

Accounts Relationship

Average Equity vs Invested Capital

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Chevron Average Equity account and Invested Capital

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Equity

Average equity value for the period used in calculation of Return on Average Equity

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Chevron Corporation. There are two different methods for calculating Chevron invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of Return on Invested Capital

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Fundamentals Matrix

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