Chevron Non Current Liabilities Total vs Non Current Assets Total Analysis

0R2Q Stock   149.71  7.21  4.59%   
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 Non Current Liabilities Total and its Non Current Assets Total 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.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chevron Corp Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chevron Corp's Non Current Liabilities Total and Non Current Assets Total is -0.59. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total 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 Non Current Liabilities Total and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Chevron Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., Chevron Corp's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 drop to about 5.8 B in 2025. Selling General Administrative is likely to drop to about 3.5 B in 2025
 2022 2023 2024 2025 (projected)
Gross Profit74.0B60.4B69.4B67.2B
Total Revenue235.7B196.9B226.4B175.4B

Chevron Corp fundamental ratios Correlations

-0.090.17-0.29-0.310.020.550.360.41-0.25-0.410.05-0.75-0.32-0.62-0.030.8-0.19-0.43-0.020.860.74-0.50.88-0.02-0.25
-0.090.360.410.480.32-0.45-0.23-0.490.660.51-0.30.330.70.480.35-0.170.60.68-0.7-0.22-0.470.47-0.420.310.62
0.170.360.710.670.5-0.06-0.46-0.080.590.72-0.20.320.490.390.82-0.030.60.47-0.22-0.29-0.10.58-0.180.880.66
-0.290.410.710.990.51-0.51-0.82-0.190.830.930.150.80.830.80.78-0.620.820.74-0.25-0.6-0.620.86-0.610.910.89
-0.310.480.670.990.46-0.51-0.83-0.280.840.940.070.810.880.840.71-0.630.810.72-0.22-0.58-0.670.87-0.650.870.92
0.020.320.50.510.46-0.17-0.550.020.570.390.330.190.550.250.52-0.340.820.23-0.28-0.15-0.390.6-0.290.430.52
0.55-0.45-0.06-0.51-0.51-0.170.410.6-0.56-0.520.07-0.6-0.55-0.63-0.440.62-0.46-0.720.50.60.61-0.60.64-0.33-0.48
0.36-0.23-0.46-0.82-0.83-0.550.410.3-0.84-0.65-0.18-0.65-0.85-0.75-0.590.81-0.83-0.35-0.060.450.79-0.870.66-0.59-0.88
0.41-0.49-0.08-0.19-0.280.020.60.3-0.42-0.320.73-0.35-0.48-0.4-0.080.38-0.28-0.30.020.320.52-0.440.54-0.06-0.41
-0.250.660.590.830.840.57-0.56-0.84-0.420.730.020.610.940.720.74-0.630.930.65-0.4-0.42-0.730.84-0.620.660.97
-0.410.510.720.930.940.39-0.52-0.65-0.320.73-0.090.860.760.810.69-0.540.70.83-0.27-0.72-0.590.82-0.680.880.81
0.05-0.3-0.20.150.070.330.07-0.180.730.02-0.090.04-0.01-0.040.06-0.220.17-0.04-0.10.09-0.05-0.040.120.03-0.04
-0.750.330.320.80.810.19-0.6-0.65-0.350.610.860.040.680.820.41-0.80.550.76-0.09-0.84-0.770.74-0.850.60.67
-0.320.70.490.830.880.55-0.55-0.85-0.480.940.76-0.010.680.810.57-0.690.910.63-0.31-0.45-0.830.88-0.710.60.96
-0.620.480.390.80.840.25-0.63-0.75-0.40.720.81-0.040.820.810.56-0.770.650.7-0.28-0.79-0.830.9-0.870.580.8
-0.030.350.820.780.710.52-0.44-0.59-0.080.740.690.060.410.570.56-0.30.70.63-0.48-0.46-0.290.71-0.330.850.74
0.8-0.17-0.03-0.62-0.63-0.340.620.810.38-0.63-0.54-0.22-0.8-0.69-0.77-0.3-0.61-0.42-0.020.70.93-0.770.88-0.28-0.63
-0.190.60.60.820.810.82-0.46-0.83-0.280.930.70.170.550.910.650.7-0.610.56-0.37-0.38-0.710.86-0.580.650.9
-0.430.680.470.740.720.23-0.72-0.35-0.30.650.83-0.040.760.630.70.63-0.420.56-0.67-0.69-0.50.62-0.610.670.64
-0.02-0.7-0.22-0.25-0.22-0.280.5-0.060.02-0.4-0.27-0.1-0.09-0.31-0.28-0.48-0.02-0.37-0.670.210.13-0.250.15-0.24-0.28
0.86-0.22-0.29-0.6-0.58-0.150.60.450.32-0.42-0.720.09-0.84-0.45-0.79-0.460.7-0.38-0.690.210.66-0.710.87-0.46-0.46
0.74-0.47-0.1-0.62-0.67-0.390.610.790.52-0.73-0.59-0.05-0.77-0.83-0.83-0.290.93-0.71-0.50.130.66-0.820.93-0.26-0.73
-0.50.470.580.860.870.6-0.6-0.87-0.440.840.82-0.040.740.880.90.71-0.770.860.62-0.25-0.71-0.82-0.830.670.89
0.88-0.42-0.18-0.61-0.65-0.290.640.660.54-0.62-0.680.12-0.85-0.71-0.87-0.330.88-0.58-0.610.150.870.93-0.83-0.32-0.64
-0.020.310.880.910.870.43-0.33-0.59-0.060.660.880.030.60.60.580.85-0.280.650.67-0.24-0.46-0.260.67-0.320.74
-0.250.620.660.890.920.52-0.48-0.88-0.410.970.81-0.040.670.960.80.74-0.630.90.64-0.28-0.46-0.730.89-0.640.74
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Chevron Corp Account Relationship Matchups

Chevron Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets239.8B239.5B257.7B261.6B235.5B200.4B
Total Current Liabilities22.2B26.8B34.2B32.3B37.1B31.4B
Total Stockholder Equity131.7B139.1B159.3B161.0B185.1B162.7B
Retained Earnings160.4B165.5B190.0B200.0B230.0B195.1B
Cash5.6B5.6B17.7B8.2B9.4B8.8B
Other Assets11.4B9.7B10.1B9.6B8.6B8.0B
Long Term Debt42.3B30.7B21.0B19.7B17.8B23.5B
Net Receivables11.5B18.4B20.5B19.9B22.9B17.6B
Good Will4.5B4.4B4.4B4.7B5.4B5.0B
Short Term Investments31M35M223M45M40.5M38.5M
Inventory5.7B6.8B8.2B8.6B9.9B7.1B
Other Current Assets438M584M805M4.4B5.0B5.3B
Other Stockholder Equity(5.2B)(5.9B)(4.1B)(3.0B)(2.7B)(2.9B)
Total Liab108.1B99.6B97.5B99.7B89.7B81.8B
Total Current Assets26.1B33.7B50.3B41.1B47.3B37.4B
Property Plant Equipment154.6B160.6B150.6B147.9B133.1B130.6B
Other Current Liab2.0B921M1.7B4.4B5.0B5.3B
Other Liab39.4B39.5B39.2B39.0B35.1B31.9B
Net Tangible Assets139.8B127.3B134.7B154.6B177.7B155.4B
Accounts Payable11.0B16.5B19.0B20.4B23.5B17.4B

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When running Chevron Corp's price analysis, check to measure Chevron Corp'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 Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.