Chevron Net Receivables vs Cash Analysis

0R2Q Stock

158.30 0.32 0.20%

Chevron Corp financial indicator trend analysis is way more than just evaluating Chevron Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron Corp is a good investment. Please check the relationship between Chevron Corp Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron 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 board of governors.

For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chevron Corp Net Receivables account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chevron Corp's Net Receivables and Cash is -0.42. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Chevron Corp, assuming nothing else is changed. The correlation between historical values of Chevron Corp's Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Chevron Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Chevron Corp's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Cash

Cash refers to the most liquid asset of Chevron Corp, which is listed under current asset account on Chevron Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chevron Corp customers. The amounts must be unrestricted with restricted cash listed in a different Chevron Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Chevron Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chevron Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Chevron 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 board of governors.

For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.Tax Provision is likely to gain to about 7.2 B in 2024. Selling General Administrative is likely to gain to about 39 B in 2024

	2020	2021	2023	2024 (projected)
Gross Profit	44.0B	66.2B	59.6B	47.0B
Total Revenue	94.5B	155.6B	140.0B	109.4B

Gross Profit Total Revenue

Chevron Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		-0.36	-0.12	0.9	-0.62	0.62	0.67	-0.35	0.53	-0.57	0.96	0.07	-0.88	-0.7	-0.71	-0.27	0.87	-0.57	-0.59	0.1	0.87	0.96	-0.82	0.99	-0.28	-0.58
Short Long Term Debt Total	-0.36		0.39	-0.69	0.4	-0.46	-0.43	1.0	-0.47	0.64	-0.37	-0.35	0.36	0.68	0.44	0.31	0.1	0.63	0.71	-0.69	-0.25	-0.43	0.42	-0.41	0.29	0.57
Total Current Liabilities	-0.12	0.39		-0.27	0.74	-0.05	-0.07	0.4	-0.09	0.65	-0.23	-0.24	0.4	0.54	0.1	0.8	0.09	0.68	0.53	-0.2	-0.31	-0.11	0.59	-0.19	0.91	0.73
Total Stockholder Equity	0.9	-0.69	-0.27		-0.58	0.69	0.62	-0.68	0.65	-0.64	0.89	0.34	-0.77	-0.77	-0.64	-0.3	0.57	-0.63	-0.69	0.32	0.78	0.88	-0.8	0.93	-0.29	-0.64
Retained Earnings	-0.62	0.4	0.74	-0.58		-0.27	-0.48	0.39	-0.21	0.83	-0.66	0.08	0.85	0.84	0.62	0.72	-0.52	0.9	0.74	-0.17	-0.63	-0.63	0.87	-0.63	0.89	0.88
Cash	0.62	-0.46	-0.05	0.69	-0.27		0.67	-0.45	0.99	-0.42	0.52	0.67	-0.45	-0.52	-0.31	-0.06	0.37	-0.32	-0.35	0.01	0.41	0.59	-0.48	0.61	-0.06	-0.4
Other Assets	0.67	-0.43	-0.07	0.62	-0.48	0.67		-0.43	0.59	-0.53	0.69	0.09	-0.62	-0.53	-0.4	-0.42	0.56	-0.45	-0.73	0.49	0.62	0.6	-0.6	0.64	-0.32	-0.44
Long Term Debt	-0.35	1.0	0.4	-0.68	0.39	-0.45	-0.43		-0.46	0.63	-0.36	-0.35	0.36	0.67	0.42	0.31	0.11	0.63	0.71	-0.7	-0.25	-0.42	0.42	-0.4	0.3	0.57
Cash And Short Term Investments	0.53	-0.47	-0.09	0.65	-0.21	0.99	0.59	-0.46		-0.38	0.45	0.77	-0.37	-0.46	-0.21	-0.04	0.26	-0.27	-0.3	-0.01	0.34	0.5	-0.42	0.54	-0.04	-0.37
Net Receivables	-0.57	0.64	0.65	-0.64	0.83	-0.42	-0.53	0.63	-0.38		-0.55	-0.05	0.67	0.94	0.71	0.71	-0.35	0.95	0.7	-0.35	-0.45	-0.68	0.8	-0.59	0.69	0.98
Good Will	0.96	-0.37	-0.23	0.89	-0.66	0.52	0.69	-0.36	0.45	-0.55		0.07	-0.89	-0.64	-0.58	-0.42	0.82	-0.54	-0.7	0.23	0.96	0.87	-0.85	0.98	-0.4	-0.57
Short Term Investments	0.07	-0.35	-0.24	0.34	0.08	0.67	0.09	-0.35	0.77	-0.05	0.07		0.05	-0.07	0.31	0.01	-0.26	0.03	-0.04	-0.07	0.08	-0.01	-0.1	0.14	0.01	-0.09
Capital Surpluse	-0.88	0.36	0.4	-0.77	0.85	-0.45	-0.62	0.36	-0.37	0.67	-0.89	0.05		0.75	0.66	0.44	-0.79	0.69	0.76	-0.11	-0.84	-0.82	0.82	-0.87	0.62	0.7
Inventory	-0.7	0.68	0.54	-0.77	0.84	-0.52	-0.53	0.67	-0.46	0.94	-0.64	-0.07	0.75		0.84	0.51	-0.46	0.96	0.67	-0.27	-0.49	-0.82	0.83	-0.71	0.58	0.94
Other Current Assets	-0.71	0.44	0.1	-0.64	0.62	-0.31	-0.4	0.42	-0.21	0.71	-0.58	0.31	0.66	0.84		0.17	-0.62	0.77	0.41	-0.13	-0.37	-0.87	0.64	-0.67	0.23	0.69
Other Stockholder Equity	-0.27	0.31	0.8	-0.3	0.72	-0.06	-0.42	0.31	-0.04	0.71	-0.42	0.01	0.44	0.51	0.17		-0.16	0.65	0.66	-0.46	-0.5	-0.24	0.69	-0.32	0.85	0.72
Total Liab	0.87	0.1	0.09	0.57	-0.52	0.37	0.56	0.11	0.26	-0.35	0.82	-0.26	-0.79	-0.46	-0.62	-0.16		-0.35	-0.33	-0.18	0.75	0.81	-0.65	0.81	-0.2	-0.37
Total Current Assets	-0.57	0.63	0.68	-0.63	0.9	-0.32	-0.45	0.63	-0.27	0.95	-0.54	0.03	0.69	0.96	0.77	0.65	-0.35		0.68	-0.32	-0.43	-0.68	0.83	-0.58	0.73	0.95
Treasury Stock	-0.59	0.71	0.53	-0.69	0.74	-0.35	-0.73	0.71	-0.3	0.7	-0.7	-0.04	0.76	0.67	0.41	0.66	-0.33	0.68		-0.69	-0.7	-0.52	0.67	-0.61	0.68	0.65
Short Term Debt	0.1	-0.69	-0.2	0.32	-0.17	0.01	0.49	-0.7	-0.01	-0.35	0.23	-0.07	-0.11	-0.27	-0.13	-0.46	-0.18	-0.32	-0.69		0.22	0.09	-0.21	0.14	-0.22	-0.23
Common Stock	0.87	-0.25	-0.31	0.78	-0.63	0.41	0.62	-0.25	0.34	-0.45	0.96	0.08	-0.84	-0.49	-0.37	-0.5	0.75	-0.43	-0.7	0.22		0.71	-0.81	0.89	-0.47	-0.48
Property Plant Equipment	0.96	-0.43	-0.11	0.88	-0.63	0.59	0.6	-0.42	0.5	-0.68	0.87	-0.01	-0.82	-0.82	-0.87	-0.24	0.81	-0.68	-0.52	0.09	0.71		-0.81	0.94	-0.24	-0.68
Other Current Liab	-0.82	0.42	0.59	-0.8	0.87	-0.48	-0.6	0.42	-0.42	0.8	-0.85	-0.1	0.82	0.83	0.64	0.69	-0.65	0.83	0.67	-0.21	-0.81	-0.81		-0.85	0.68	0.84
Other Liab	0.99	-0.41	-0.19	0.93	-0.63	0.61	0.64	-0.4	0.54	-0.59	0.98	0.14	-0.87	-0.71	-0.67	-0.32	0.81	-0.58	-0.61	0.14	0.89	0.94	-0.85		-0.31	-0.61
Net Tangible Assets	-0.28	0.29	0.91	-0.29	0.89	-0.06	-0.32	0.3	-0.04	0.69	-0.4	0.01	0.62	0.58	0.23	0.85	-0.2	0.73	0.68	-0.22	-0.47	-0.24	0.68	-0.31		0.74
Accounts Payable	-0.58	0.57	0.73	-0.64	0.88	-0.4	-0.44	0.57	-0.37	0.98	-0.57	-0.09	0.7	0.94	0.69	0.72	-0.37	0.95	0.65	-0.23	-0.48	-0.68	0.84	-0.61	0.74

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Chevron Corp Account Relationship Matchups

Chevron Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	253.8B	253.9B	237.4B	239.8B	215.8B	199.2B
Short Long Term Debt Total	33.6B	28.7B	23.7B	42.8B	49.2B	36.1B
Total Current Liabilities	26.5B	22.2B	26.8B	34.2B	39.3B	30.9B
Total Stockholder Equity	148.1B	154.6B	144.2B	131.7B	118.5B	115.9B
Retained Earnings	174.9B	160.4B	165.5B	190.0B	218.5B	191.6B
Cash	4.8B	9.3B	5.7B	5.6B	5.0B	5.2B
Other Assets	11.4B	9.7B	10.1B	9.6B	8.6B	8.0B
Long Term Debt	33.5B	28.7B	23.4B	42.3B	48.7B	35.9B
Cash And Short Term Investments	4.8B	10.3B	5.7B	5.6B	5.1B	5.4B
Net Receivables	13.3B	11.4B	18.2B	20.3B	23.3B	16.9B
Good Will	4.5B	4.5B	4.5B	4.4B	4.0B	3.6B
Short Term Investments	9M	1.0B	63M	31M	35.7M	33.9M
Capital Surpluse	16.8B	17.1B	17.3B	16.8B	19.4B	18.6B
Inventory	5.8B	5.7B	6.8B	8.2B	9.5B	6.8B
Other Current Assets	463M	438M	584M	805M	925.8M	465.5M
Other Stockholder Equity	(5.2B)	(5.9B)	(4.1B)	(3.0B)	(2.7B)	(2.9B)
Total Liab	105.7B	99.3B	93.2B	108.1B	97.3B	83.3B
Total Current Assets	28.3B	26.1B	33.7B	50.3B	57.9B	36.3B
Treasury Stock	(40.8B)	(41.6B)	(44.6B)	(41.5B)	(37.3B)	(39.2B)
Property Plant Equipment	154.6B	160.6B	150.6B	147.9B	133.1B	130.6B
Other Current Liab	2.0B	921M	1.7B	4.4B	5.0B	5.3B
Other Liab	39.4B	39.5B	39.2B	39.0B	35.1B	31.9B
Net Tangible Assets	139.8B	127.3B	134.7B	154.6B	177.7B	155.4B
Accounts Payable	14.1B	11.0B	16.5B	19.0B	21.8B	16.4B

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Chevron Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Chevron Corp fundamental ratios Correlations

Chevron Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chevron Corp fundamental ratios Accounts

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Additional Tools for Chevron Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Other Liab	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Accounts Payable	+ 0.98	Net Receivables
Other Liab	+ 0.98	Good Will
Good Will	+ 0.96	Total Assets

Capital Surpluse	- 0.89	Good Will
Capital Surpluse	- 0.88	Total Assets
Property Plant Equipment	- 0.87	Other Current Assets
Other Liab	- 0.87	Capital Surpluse
Other Liab	- 0.85	Other Current Liab
Other Current Liab	- 0.85	Good Will