Occidental Petroleum Stock Current Ratio
| OXY Stock | USD 65.98 0.84 1.26% |
Occidental Petroleum fundamentals help investors to digest information that contributes to Occidental Petroleum's financial success or failures. It also enables traders to predict the movement of Occidental Stock. The fundamental analysis module provides a way to measure Occidental Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Occidental Petroleum stock.
Occidental |
Occidental Petroleum Company Current Ratio Analysis
Occidental Petroleum's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Occidental Petroleum Current Ratio | 1.10 X |
Most of Occidental Petroleum's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Occidental Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Occidental Petroleum has a Current Ratio of 1.1 times. This is 21.43% lower than that of the Oil, Gas & Consumable Fuels sector and 61.67% lower than that of the Energy industry. The current ratio for all United States stocks is 49.07% higher than that of the company.
Occidental Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Occidental Petroleum's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics of similar companies.Occidental Petroleum is currently under evaluation in current ratio category among related companies.
Occidental Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0509 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 87.98 B | ||||
| Shares Outstanding | 886.47 M | ||||
| Shares Owned By Insiders | 28.26 % | ||||
| Shares Owned By Institutions | 52.03 % | ||||
| Number Of Shares Shorted | 49.33 M | ||||
| Price To Earning | 5.77 X | ||||
| Price To Book | 2.79 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 28.26 B | ||||
| Gross Profit | 24.57 B | ||||
| EBITDA | 13.95 B | ||||
| Net Income | 4.7 B | ||||
| Cash And Equivalents | 984 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 20.91 B | ||||
| Debt To Equity | 0.75 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 24.97 X | ||||
| Cash Flow From Operations | 12.31 B | ||||
| Short Ratio | 7.11 X | ||||
| Earnings Per Share | 3.90 X | ||||
| Price To Earnings To Growth | 2.63 X | ||||
| Target Price | 70.71 | ||||
| Number Of Employees | 12.57 K | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 60.58 B | ||||
| Total Asset | 74.01 B | ||||
| Retained Earnings | 19.63 B | ||||
| Working Capital | (773 M) | ||||
| Current Asset | 9.4 B | ||||
| Current Liabilities | 6.84 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 5.49 % | ||||
| Net Asset | 74.01 B | ||||
| Last Dividend Paid | 0.72 |
About Occidental Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Occidental Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Occidental Petroleum's short interest history, or implied volatility extrapolated from Occidental Petroleum options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Occidental Petroleum Piotroski F Score and Occidental Petroleum Altman Z Score analysis. For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Occidental Stock analysis
When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum'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 Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Occidental Petroleum's industry 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 Occidental Petroleum. If investors know Occidental 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 Occidental Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Occidental Petroleum is measured differently than its book value, which is the value of Occidental that is recorded on the company's balance sheet. Investors also form their own opinion of Occidental Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Occidental Petroleum's 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 Occidental Petroleum's market value can be influenced by many factors that don't directly affect Occidental Petroleum's 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 Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Occidental Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's 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.