California Total Revenue vs Interest Expense Analysis

CRC Stock

USD 51.21 0.21 0.41%

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 Total Revenue and its Interest Expense 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.

Total Revenue vs Interest Expense

Total Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of California Resources Corp Total Revenue account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between California Resources' Total Revenue and Interest Expense is -0.62. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense 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' Total Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of California Resources Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., California Resources' Total Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts California Resources Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 167.8 M, whereas Selling General Administrative is forecasted to decline to about 222.3 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.8B	1.4B	1.3B	1.1B
Total Revenue	3.3B	2.8B	2.5B	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	-0.28	-0.4	0.62	0.47	0.14	0.47	-0.42	-0.59	-0.19	0.57	0.17	0.24	-0.21	0.48	-0.4	0.63	0.23	0.24	0.09	-0.16	-0.16	0.42	-0.27	0.26
Total Assets	0.47		-0.52	-0.23	0.8	0.99	0.74	1.0	-0.49	-0.61	0.37	0.77	0.15	0.81	0.36	1.0	-0.67	0.85	0.8	0.81	-0.28	-0.56	-0.56	0.88	-0.29	0.71
Other Current Liab	-0.28	-0.52		0.67	-0.35	-0.55	-0.13	-0.54	0.45	0.58	-0.33	-0.45	0.42	-0.55	-0.3	-0.54	0.66	-0.47	-0.58	-0.59	0.43	0.53	0.53	-0.47	-0.26	-0.61
Total Current Liabilities	-0.4	-0.23	0.67		-0.35	-0.28	0.25	-0.25	0.45	0.71	0.11	-0.44	0.46	-0.27	0.15	-0.25	0.55	-0.45	-0.24	-0.25	0.18	0.32	0.32	-0.24	-0.11	-0.14
Total Stockholder Equity	0.62	0.8	-0.35	-0.35		0.79	0.47	0.81	-0.51	-0.81	-0.24	0.83	0.34	0.43	-0.25	0.82	-0.53	0.97	0.36	0.37	0.22	-0.19	-0.19	0.72	-0.52	0.43
Property Plant And Equipment Net	0.47	0.99	-0.55	-0.28	0.79		0.72	0.99	-0.51	-0.62	0.4	0.8	0.11	0.85	0.39	0.99	-0.69	0.85	0.84	0.84	-0.35	-0.64	-0.64	0.86	-0.22	0.73
Accounts Payable	0.14	0.74	-0.13	0.25	0.47	0.72		0.72	0.03	-0.01	0.45	0.57	0.37	0.5	0.46	0.72	-0.2	0.42	0.56	0.56	-0.12	-0.4	-0.4	0.63	-0.34	0.42
Non Current Assets Total	0.47	1.0	-0.54	-0.25	0.81	0.99	0.72		-0.51	-0.62	0.36	0.76	0.13	0.81	0.35	1.0	-0.7	0.85	0.81	0.81	-0.29	-0.57	-0.57	0.88	-0.28	0.72
Non Currrent Assets Other	-0.42	-0.49	0.45	0.45	-0.51	-0.51	0.03	-0.51		0.66	-0.05	-0.32	0.14	-0.56	-0.04	-0.51	0.57	-0.64	-0.5	-0.5	0.3	0.32	0.32	-0.43	0.0	-0.24
Net Receivables	-0.59	-0.61	0.58	0.71	-0.81	-0.62	-0.01	-0.62	0.66		0.22	-0.63	0.05	-0.44	0.25	-0.63	0.72	-0.88	-0.36	-0.37	0.0	0.31	0.31	-0.61	0.24	-0.44
Non Current Liabilities Total	-0.19	0.37	-0.33	0.11	-0.24	0.4	0.45	0.36	-0.05	0.22		0.02	-0.25	0.68	1.0	0.34	-0.26	-0.11	0.78	0.77	-0.84	-0.69	-0.69	0.33	0.37	0.51
Inventory	0.57	0.77	-0.45	-0.44	0.83	0.8	0.57	0.76	-0.32	-0.63	0.02		0.22	0.51	0.01	0.78	-0.39	0.81	0.5	0.5	-0.01	-0.34	-0.34	0.62	-0.36	0.5
Other Current Assets	0.17	0.15	0.42	0.46	0.34	0.11	0.37	0.13	0.14	0.05	-0.25	0.22		-0.29	-0.22	0.14	0.43	0.15	-0.23	-0.24	0.64	0.43	0.43	0.3	-0.74	-0.04
Other Stockholder Equity	0.24	0.81	-0.55	-0.27	0.43	0.85	0.5	0.81	-0.56	-0.44	0.68	0.51	-0.29		0.67	0.8	-0.74	0.59	0.98	0.98	-0.77	-0.84	-0.84	0.64	0.19	0.7
Total Liab	-0.21	0.36	-0.3	0.15	-0.25	0.39	0.46	0.35	-0.04	0.25	1.0	0.01	-0.22	0.67		0.33	-0.24	-0.13	0.76	0.76	-0.83	-0.68	-0.68	0.32	0.36	0.5
Property Plant And Equipment Gross	0.48	1.0	-0.54	-0.25	0.82	0.99	0.72	1.0	-0.51	-0.63	0.34	0.78	0.14	0.8	0.33		-0.68	0.86	0.8	0.8	-0.27	-0.55	-0.55	0.88	-0.29	0.71
Total Current Assets	-0.4	-0.67	0.66	0.55	-0.53	-0.69	-0.2	-0.7	0.57	0.72	-0.26	-0.39	0.43	-0.74	-0.24	-0.68		-0.67	-0.67	-0.69	0.48	0.75	0.75	-0.57	-0.22	-0.57
Common Stock	0.63	0.85	-0.47	-0.45	0.97	0.85	0.42	0.85	-0.64	-0.88	-0.11	0.81	0.15	0.59	-0.13	0.86	-0.67		0.52	0.52	0.0	-0.35	-0.35	0.75	-0.39	0.53
Short Long Term Debt Total	0.23	0.8	-0.58	-0.24	0.36	0.84	0.56	0.81	-0.5	-0.36	0.78	0.5	-0.23	0.98	0.76	0.8	-0.67	0.52		1.0	-0.79	-0.83	-0.83	0.68	0.15	0.73
Net Debt	0.24	0.81	-0.59	-0.25	0.37	0.84	0.56	0.81	-0.5	-0.37	0.77	0.5	-0.24	0.98	0.76	0.8	-0.69	0.52	1.0		-0.79	-0.84	-0.84	0.69	0.16	0.75
Retained Earnings	0.09	-0.28	0.43	0.18	0.22	-0.35	-0.12	-0.29	0.3	0.0	-0.84	-0.01	0.64	-0.77	-0.83	-0.27	0.48	0.0	-0.79	-0.79		0.79	0.79	-0.17	-0.6	-0.46
Cash	-0.16	-0.56	0.53	0.32	-0.19	-0.64	-0.4	-0.57	0.32	0.31	-0.69	-0.34	0.43	-0.84	-0.68	-0.55	0.75	-0.35	-0.83	-0.84	0.79		1.0	-0.45	-0.43	-0.58
Cash And Short Term Investments	-0.16	-0.56	0.53	0.32	-0.19	-0.64	-0.4	-0.57	0.32	0.31	-0.69	-0.34	0.43	-0.84	-0.68	-0.55	0.75	-0.35	-0.83	-0.84	0.79	1.0		-0.45	-0.43	-0.58
Common Stock Total Equity	0.42	0.88	-0.47	-0.24	0.72	0.86	0.63	0.88	-0.43	-0.61	0.33	0.62	0.3	0.64	0.32	0.88	-0.57	0.75	0.68	0.69	-0.17	-0.45	-0.45		-0.52	0.69
Current Deferred Revenue	-0.27	-0.29	-0.26	-0.11	-0.52	-0.22	-0.34	-0.28	0.0	0.24	0.37	-0.36	-0.74	0.19	0.36	-0.29	-0.22	-0.39	0.15	0.16	-0.6	-0.43	-0.43	-0.52		-0.03
Short Term Debt	0.26	0.71	-0.61	-0.14	0.43	0.73	0.42	0.72	-0.24	-0.44	0.51	0.5	-0.04	0.7	0.5	0.71	-0.57	0.53	0.73	0.75	-0.46	-0.58	-0.58	0.69	-0.03

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California Resources Account Relationship Matchups

California Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	83.3M	83M	77.6M	72.5M	65.3M	65.1M
Total Assets	3.1B	3.8B	4.0B	4.0B	3.6B	5.9B
Other Current Liab	218M	547M	499M	338M	388.7M	333.9M
Total Current Liabilities	473M	854M	894M	616M	708.4M	766.5M
Total Stockholder Equity	1.2B	1.7B	1.9B	2.2B	2.0B	1.8B
Property Plant And Equipment Net	2.7B	2.6B	2.9B	2.8B	2.6B	2.4B
Accounts Payable	212M	266M	345M	245M	220.5M	259.6M
Non Current Assets Total	2.7B	3.1B	3.1B	3.1B	2.8B	5.5B
Non Currrent Assets Other	90M	98M	67M	69M	79.4M	70.1M
Net Receivables	219M	292M	408M	278M	319.7M	314.2M
Liabilities And Stockholders Equity	3.1B	3.8B	4.0B	4.0B	3.6B	5.9B
Non Current Liabilities Total	1.4B	1.3B	1.2B	1.2B	1.0B	994.4M
Inventory	67M	61M	60M	72M	64.8M	52.5M
Other Current Assets	21M	96M	89M	83M	95.5M	59.2M
Other Stockholder Equity	1.3B	1.1B	844M	725M	652.5M	619.9M
Total Liab	1.9B	2.2B	2.1B	1.8B	1.6B	1.5B
Property Plant And Equipment Gross	2.7B	2.8B	3.3B	3.5B	3.2B	5.5B
Total Current Assets	329M	753M	864M	929M	1.1B	606.0M
Accumulated Other Comprehensive Income	(8M)	72M	81M	74M	85.1M	89.4M
Short Long Term Debt Total	639M	637M	662M	610M	549M	521.6M
Net Debt	611M	332M	355M	114M	102.6M	97.5M
Retained Earnings	(123M)	475M	938M	1.4B	1.6B	1.7B
Cash	28M	305M	307M	496M	570.4M	598.9M
Cash And Short Term Investments	28M	305M	307M	496M	570.4M	598.9M
Short Term Debt	7M	11M	18M	15M	13.5M	12.8M
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	597M	589M	592M	540M	486M	461.7M
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	19M	583M	617M	62M	71.3M	67.7M
Property Plant Equipment	6.4B	2.7B	2.6B	2.9B	2.6B	3.7B
Net Invested Capital	1.7B	2.3B	2.5B	2.8B	2.5B	2.7B
Net Working Capital	(144M)	(101M)	(30M)	313M	360.0M	377.9M

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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:

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Is California Stock a good investment?

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What is California Resources' Net Worth?

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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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.

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California Total Revenue vs Interest Expense Analysis

Total Revenue vs Interest Expense

Total Revenue vs Interest Expense Correlation Analysis

Correlation Coefficient

Total Revenue

Interest Expense

California Resources fundamental ratios Correlations

California Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

California Resources fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash

Common Stock	- 0.88	Net Receivables
Cash And Short Term Investments	- 0.84	Net Debt
Cash	- 0.84	Net Debt
Cash And Short Term Investments	- 0.84	Other Stockholder Equity
Cash	- 0.84	Other Stockholder Equity
Retained Earnings	- 0.84	Non Current Liabilities Total