Chevron Invested Capital vs Average Assets Analysis

CVX -- USA Stock  

USD 114.26  8.34  6.80%

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 Invested Capital and its Average Assets accounts. Check also Trending Equities.

Invested Capital vs Average Assets

Accounts Relationship

Invested Capital vs Average Assets

Significance: Almost Identical Trend

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

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Did you try this?

Run Bollinger Bands Now

   

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
All  Next Launch Bollinger Bands

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
Search macroaxis.com