California Net Debt vs Net Receivables Analysis

CRC Stock

USD 58.56 0.51 0.88%

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

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

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

The correlation between California Resources' Net Debt and Net Receivables is -0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of California Resources Corp, assuming nothing else is changed. The correlation between historical values of California Resources' Net Debt and Net Receivables 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 Debt of California Resources Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., California Resources' Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from California Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into California Resources 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 California Resources 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 metropolitan statistical area.

The current year's Tax Provision is expected to grow to about 145.9 M, whereas Selling General Administrative is forecasted to decline to about 222.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.8B	1.3B	1.1B
Total Revenue	2.6B	3.3B	2.8B	2.4B

Gross Profit Total Revenue

California Resources fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Current Deferred Revenue	Short Term Debt
Common Stock Shares Outstanding		0.47	-0.27	-0.39	0.62	0.47	0.13	0.47	-0.41	-0.59	-0.23	0.57	0.2	0.23	-0.24	0.48	-0.42	0.62	0.22	0.22	0.13	-0.14	-0.14	0.41	-0.29	0.25
Total Assets	0.47		-0.5	-0.22	0.82	1.0	0.72	1.0	-0.47	-0.6	0.31	0.79	0.25	0.79	0.3	1.0	-0.64	0.85	0.79	0.79	-0.21	-0.52	-0.52	0.88	-0.37	0.7
Other Current Liab	-0.27	-0.5		0.68	-0.34	-0.53	-0.09	-0.52	0.44	0.57	-0.29	-0.45	0.39	-0.53	-0.26	-0.52	0.67	-0.46	-0.56	-0.57	0.39	0.54	0.54	-0.44	-0.24	-0.59
Total Current Liabilities	-0.39	-0.22	0.68		-0.34	-0.25	0.27	-0.24	0.45	0.71	0.13	-0.44	0.47	-0.27	0.18	-0.25	0.62	-0.45	-0.23	-0.24	0.17	0.35	0.35	-0.23	-0.1	-0.13
Total Stockholder Equity	0.62	0.82	-0.34	-0.34		0.82	0.47	0.82	-0.5	-0.81	-0.27	0.83	0.37	0.43	-0.29	0.83	-0.58	0.97	0.36	0.37	0.26	-0.18	-0.18	0.72	-0.55	0.43
Property Plant And Equipment Net	0.47	1.0	-0.53	-0.25	0.82		0.69	1.0	-0.49	-0.62	0.31	0.78	0.21	0.8	0.29	1.0	-0.68	0.85	0.79	0.8	-0.22	-0.54	-0.54	0.87	-0.33	0.7
Accounts Payable	0.13	0.72	-0.09	0.27	0.47	0.69		0.7	0.07	0.02	0.4	0.57	0.47	0.46	0.41	0.7	-0.07	0.4	0.52	0.51	-0.03	-0.33	-0.33	0.61	-0.41	0.38
Non Current Assets Total	0.47	1.0	-0.52	-0.24	0.82	1.0	0.7		-0.49	-0.62	0.31	0.78	0.22	0.8	0.29	1.0	-0.67	0.86	0.79	0.79	-0.22	-0.53	-0.53	0.88	-0.35	0.7
Non Currrent Assets Other	-0.41	-0.47	0.44	0.45	-0.5	-0.49	0.07	-0.49		0.65	-0.01	-0.32	0.11	-0.55	0.01	-0.49	0.57	-0.63	-0.49	-0.48	0.27	0.29	0.29	-0.41	0.03	-0.21
Net Receivables	-0.59	-0.6	0.57	0.71	-0.81	-0.62	0.02	-0.62	0.65		0.28	-0.63	0.01	-0.43	0.31	-0.62	0.78	-0.87	-0.34	-0.35	-0.05	0.29	0.29	-0.6	0.27	-0.42
Non Current Liabilities Total	-0.23	0.31	-0.29	0.13	-0.27	0.31	0.4	0.31	-0.01	0.28		0.0	-0.18	0.65	1.0	0.29	-0.14	-0.16	0.75	0.75	-0.83	-0.67	-0.67	0.29	0.33	0.47
Inventory	0.57	0.79	-0.45	-0.44	0.83	0.78	0.57	0.78	-0.32	-0.63	0.0		0.25	0.52	-0.01	0.79	-0.43	0.81	0.51	0.51	0.02	-0.35	-0.35	0.62	-0.37	0.5
Other Current Assets	0.2	0.25	0.39	0.47	0.37	0.21	0.47	0.22	0.11	0.01	-0.18	0.25		-0.22	-0.16	0.23	0.34	0.19	-0.16	-0.16	0.61	0.37	0.37	0.38	-0.73	0.02
Other Stockholder Equity	0.23	0.79	-0.53	-0.27	0.43	0.8	0.46	0.8	-0.55	-0.43	0.65	0.52	-0.22		0.63	0.79	-0.7	0.58	0.97	0.97	-0.73	-0.83	-0.83	0.62	0.13	0.68
Total Liab	-0.24	0.3	-0.26	0.18	-0.29	0.29	0.41	0.29	0.01	0.31	1.0	-0.01	-0.16	0.63		0.28	-0.11	-0.18	0.74	0.73	-0.81	-0.65	-0.65	0.28	0.33	0.46
Property Plant And Equipment Gross	0.48	1.0	-0.52	-0.25	0.83	1.0	0.7	1.0	-0.49	-0.62	0.29	0.79	0.23	0.79	0.28		-0.66	0.86	0.78	0.78	-0.2	-0.52	-0.52	0.87	-0.36	0.69
Total Current Assets	-0.42	-0.64	0.67	0.62	-0.58	-0.68	-0.07	-0.67	0.57	0.78	-0.14	-0.43	0.34	-0.7	-0.11	-0.66		-0.71	-0.61	-0.63	0.37	0.69	0.69	-0.55	-0.14	-0.54
Common Stock	0.62	0.85	-0.46	-0.45	0.97	0.85	0.4	0.86	-0.63	-0.87	-0.16	0.81	0.19	0.58	-0.18	0.86	-0.71		0.5	0.51	0.06	-0.34	-0.34	0.74	-0.42	0.52
Short Long Term Debt Total	0.22	0.79	-0.56	-0.23	0.36	0.79	0.52	0.79	-0.49	-0.34	0.75	0.51	-0.16	0.97	0.74	0.78	-0.61	0.5		1.0	-0.76	-0.82	-0.82	0.66	0.09	0.71
Net Debt	0.22	0.79	-0.57	-0.24	0.37	0.8	0.51	0.79	-0.48	-0.35	0.75	0.51	-0.16	0.97	0.73	0.78	-0.63	0.51	1.0		-0.75	-0.84	-0.84	0.67	0.1	0.73
Retained Earnings	0.13	-0.21	0.39	0.17	0.26	-0.22	-0.03	-0.22	0.27	-0.05	-0.83	0.02	0.61	-0.73	-0.81	-0.2	0.37	0.06	-0.76	-0.75		0.76	0.76	-0.1	-0.58	-0.41
Cash	-0.14	-0.52	0.54	0.35	-0.18	-0.54	-0.33	-0.53	0.29	0.29	-0.67	-0.35	0.37	-0.83	-0.65	-0.52	0.69	-0.34	-0.82	-0.84	0.76		1.0	-0.42	-0.39	-0.56
Cash And Short Term Investments	-0.14	-0.52	0.54	0.35	-0.18	-0.54	-0.33	-0.53	0.29	0.29	-0.67	-0.35	0.37	-0.83	-0.65	-0.52	0.69	-0.34	-0.82	-0.84	0.76	1.0		-0.42	-0.39	-0.56
Common Stock Total Equity	0.41	0.88	-0.44	-0.23	0.72	0.87	0.61	0.88	-0.41	-0.6	0.29	0.62	0.38	0.62	0.28	0.87	-0.55	0.74	0.66	0.67	-0.1	-0.42	-0.42		-0.58	0.67
Current Deferred Revenue	-0.29	-0.37	-0.24	-0.1	-0.55	-0.33	-0.41	-0.35	0.03	0.27	0.33	-0.37	-0.73	0.13	0.33	-0.36	-0.14	-0.42	0.09	0.1	-0.58	-0.39	-0.39	-0.58		-0.08
Short Term Debt	0.25	0.7	-0.59	-0.13	0.43	0.7	0.38	0.7	-0.21	-0.42	0.47	0.5	0.02	0.68	0.46	0.69	-0.54	0.52	0.71	0.73	-0.41	-0.56	-0.56	0.67	-0.08

Click cells to compare fundamentals

California Resources Account Relationship Matchups

California Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	49M	83.3M	83M	77.6M	72.5M	65.1M
Total Assets	7.0B	3.1B	3.8B	4.0B	4.0B	5.9B
Other Current Liab	285M	218M	547M	499M	338M	333.9M
Total Current Liabilities	709M	473M	854M	894M	616M	766.5M
Total Stockholder Equity	(296M)	1.2B	1.7B	1.9B	2.2B	1.8B
Property Plant And Equipment Net	6.4B	2.7B	2.6B	2.9B	2.8B	5.4B
Accounts Payable	296M	212M	266M	345M	245M	259.6M
Non Current Assets Total	6.5B	2.7B	3.1B	3.1B	3.1B	5.5B
Non Currrent Assets Other	114M	90M	98M	67M	69M	70.1M
Net Receivables	347M	219M	292M	408M	278M	314.2M
Liabilities And Stockholders Equity	7.0B	3.1B	3.8B	4.0B	4.0B	5.9B
Non Current Liabilities Total	5.7B	1.4B	1.3B	1.2B	1.2B	1.1B
Inventory	69M	67M	61M	60M	72M	52.5M
Other Current Assets	2M	21M	96M	89M	83M	59.2M
Other Stockholder Equity	4.7B	1.3B	1.1B	844M	725M	688.8M
Total Liab	6.5B	1.9B	2.2B	2.1B	1.8B	1.7B
Property Plant And Equipment Gross	6.4B	2.7B	2.8B	3.3B	3.5B	5.5B
Total Current Assets	491M	329M	753M	864M	929M	606.0M
Common Stock	(814M)	(361M)	(389M)	1M	900K	855K
Short Long Term Debt Total	5.0B	639M	637M	662M	610M	579.5M
Net Debt	5.0B	611M	332M	355M	114M	108.3M
Retained Earnings	(5.4B)	(123M)	475M	938M	1.4B	1.5B
Short Term Debt	128M	7M	11M	18M	15M	14.3M
Other Liab	682M	787M	678M	565M	508.5M	618.2M
Net Tangible Assets	(389M)	1.1B	1.7B	1.9B	2.1B	2.3B
Long Term Debt	4.9B	597M	589M	592M	540M	513M
Long Term Debt Total	4.9B	597M	589M	592M	532.8M	506.2M
Capital Surpluse	5.0B	1.3B	1.3B	1.3B	1.2B	1.1B
Non Current Liabilities Other	682M	19M	583M	617M	62M	58.9M
Property Plant Equipment	6.4B	2.7B	2.6B	2.9B	2.6B	3.7B
Net Invested Capital	4.6B	1.7B	2.3B	2.5B	2.8B	2.7B
Net Working Capital	(218M)	(144M)	(101M)	(30M)	313M	328.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

When determining whether California Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of California Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of California Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on California Resources Corp Stock:

How To Invest In California

Details

Is California Stock a good investment?

Details

What is California Resources' Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

View

Largest Oil & Gas E&P Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Resources 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 metropolitan statistical area.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Oil & Gas Exploration & Production space 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 California Resources. If investors know California 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 California Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.92)

Dividend Share

1.318

Earnings Share

7.02

Revenue Per Share

35.122

Quarterly Revenue Growth

0.502

The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California Resources' 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 California Resources' market value can be influenced by many factors that don't directly affect California Resources' 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 California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

California Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

California Resources fundamental ratios Correlations

California Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

California Resources fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Common Stock	- 0.87	Net Receivables
Cash And Short Term Investments	- 0.84	Net Debt
Cash	- 0.84	Net Debt
Cash And Short Term Investments	- 0.83	Other Stockholder Equity
Cash	- 0.83	Other Stockholder Equity
Retained Earnings	- 0.83	Non Current Liabilities Total