Occidental Total Liab vs Total Current Liabilities Analysis

OXY Stock  USD 59.48  0.60  1.00%   
Occidental Petroleum financial indicator trend analysis is much more than just breaking down Occidental Petroleum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Occidental Petroleum is a good investment. Please check the relationship between Occidental Petroleum Total Liab and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Total Liab vs Total Current Liabilities

Total Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Occidental Petroleum Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Occidental Petroleum's Total Liab and Total Current Liabilities is 0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Occidental Petroleum, assuming nothing else is changed. The correlation between historical values of Occidental Petroleum's Total Liab and Total Current Liabilities 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 Liab of Occidental Petroleum are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Liab i.e., Occidental Petroleum's Total Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Occidental Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Occidental Petroleum are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Occidental Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Occidental Petroleum 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.At this time, Occidental Petroleum's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 1.8 B in 2024, despite the fact that Discontinued Operations is likely to grow to (400.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit7.9B17.6B10.1B6.9B
Total Revenue26.0B36.6B28.3B17.8B

Occidental Petroleum fundamental ratios Correlations

0.72-0.220.910.60.990.690.110.30.990.00.270.550.710.780.710.440.550.890.75-0.08-0.270.640.50.770.8
0.72-0.270.61-0.090.731.0-0.56-0.090.750.15-0.130.020.480.990.670.480.720.940.36-0.32-0.230.120.630.590.62
-0.22-0.27-0.040.08-0.26-0.280.30.13-0.250.770.160.07-0.27-0.25-0.43-0.1-0.28-0.320.00.28-0.110.14-0.13-0.2-0.29
0.910.61-0.040.590.850.570.230.450.870.160.410.680.570.650.480.280.270.790.9-0.04-0.530.810.30.670.69
0.6-0.090.080.590.57-0.130.840.540.56-0.10.540.770.530.030.220.220.00.170.670.26-0.080.780.110.450.47
0.990.73-0.260.850.570.70.070.231.0-0.040.20.490.730.80.770.470.610.890.67-0.1-0.190.570.540.790.81
0.691.0-0.280.57-0.130.7-0.6-0.180.720.13-0.21-0.030.460.980.680.50.730.920.29-0.35-0.20.070.650.570.6
0.11-0.560.30.230.840.07-0.60.580.05-0.030.580.660.17-0.47-0.25-0.06-0.48-0.340.460.43-0.090.65-0.320.060.07
0.3-0.090.130.450.540.23-0.180.580.220.20.980.580.25-0.07-0.18-0.29-0.220.070.720.33-0.320.65-0.270.180.24
0.990.75-0.250.870.561.00.720.050.22-0.030.190.480.720.810.770.480.610.910.68-0.11-0.220.570.550.790.81
0.00.150.770.16-0.1-0.040.13-0.030.2-0.030.18-0.06-0.170.13-0.260.050.00.050.130.05-0.180.040.0-0.04-0.1
0.27-0.130.160.410.540.2-0.210.580.980.190.180.580.23-0.09-0.2-0.35-0.170.030.670.27-0.270.63-0.260.140.2
0.550.020.070.680.770.49-0.030.660.580.48-0.060.580.370.10.070.02-0.050.240.770.14-0.520.950.020.30.36
0.710.48-0.270.570.530.730.460.170.250.72-0.170.230.370.550.780.620.290.570.430.00.060.40.630.950.97
0.780.99-0.250.650.030.80.98-0.47-0.070.810.13-0.090.10.550.710.540.770.940.4-0.3-0.20.190.70.640.67
0.710.67-0.430.480.220.770.68-0.25-0.180.77-0.26-0.20.070.780.710.550.560.750.18-0.330.080.110.720.850.83
0.440.48-0.10.280.220.470.5-0.06-0.290.480.05-0.350.020.620.540.550.320.410.070.030.140.00.740.620.61
0.550.72-0.280.270.00.610.73-0.48-0.220.610.0-0.17-0.050.290.770.560.320.680.09-0.410.19-0.060.640.290.32
0.890.94-0.320.790.170.890.92-0.340.070.910.050.030.240.570.940.750.410.680.55-0.25-0.290.350.550.70.72
0.750.360.00.90.670.670.290.460.720.680.130.670.770.430.40.180.070.090.550.14-0.550.90.060.450.51
-0.08-0.320.28-0.040.26-0.1-0.350.430.33-0.110.050.270.140.0-0.3-0.330.03-0.41-0.250.140.190.18-0.26-0.04-0.04
-0.27-0.23-0.11-0.53-0.08-0.19-0.2-0.09-0.32-0.22-0.18-0.27-0.520.06-0.20.080.140.19-0.29-0.550.19-0.560.18-0.04-0.07
0.640.120.140.810.780.570.070.650.650.570.040.630.950.40.190.110.0-0.060.350.90.18-0.56-0.010.380.43
0.50.63-0.130.30.110.540.65-0.32-0.270.550.0-0.260.020.630.70.720.740.640.550.06-0.260.18-0.010.640.62
0.770.59-0.20.670.450.790.570.060.180.79-0.040.140.30.950.640.850.620.290.70.45-0.04-0.040.380.640.98
0.80.62-0.290.690.470.810.60.070.240.81-0.10.20.360.970.670.830.610.320.720.51-0.04-0.070.430.620.98
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Occidental Petroleum Account Relationship Matchups

Occidental Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.3B80.1B75.0B72.6B74.0B40.0B
Short Long Term Debt Total40.0B37.3B30.4B20.8B20.9B22.0B
Other Current Liab2.0B753M7M(2.2B)3.9B4.0B
Total Current Liabilities14.9B8.2B8.3B7.8B9.1B5.6B
Total Stockholder Equity34.2B18.6B20.3B30.1B30.3B17.6B
Property Plant And Equipment Net81.9B67.0B60.7B59.3B59.7B30.3B
Net Debt37.0B35.3B27.6B19.8B19.5B20.5B
Retained Earnings20.2B3.0B4.5B16.5B19.6B12.1B
Cash3.0B2.0B2.8B984M1.4B1.4B
Non Current Assets Total90.6B71.2B64.8B63.7B65.6B33.1B
Non Currrent Assets Other2.4B1.0B1.2B(4.3B)2.8B2.9B
Cash And Short Term Investments3.0B2.0B2.8B984M1.4B1.6B
Net Receivables6.4B2.1B4.2B4.3B3.2B3.1B
Common Stock Shares Outstanding809.5M918.7M958.8M1.0B960.9M792.9M
Liabilities And Stockholders Equity109.3B80.1B75.0B72.6B74.0B40.0B
Non Current Liabilities Total60.1B53.3B46.4B34.8B34.5B36.2B
Inventory1.4B1.9B1.8B2.1B2.0B1.1B
Other Current Assets1.3B1.2B1.3B1.6B1.7B1.8B
Other Stockholder Equity4.3B5.9B6.1B3.4B1.8B3.6B
Total Liab75.1B61.5B54.7B42.5B43.7B22.1B
Total Current Assets18.7B8.8B10.2B8.9B8.4B6.8B
Short Term Debt620M913M372M438M1.6B921.2M
Accounts Payable7.0B3.0B3.9B4.0B3.6B3.0B
Property Plant And Equipment Gross81.9B67.0B118.9B121.6B127.9B134.3B
Accumulated Other Comprehensive Income(221M)(288M)(208M)195M275M288.8M
Common Stock Total Equity209M216M217M220M253M169.5M
Common Stock209M216M217M220M222M172.5M
Other Liab20.0B16.9B16.4B14.4B16.6B17.4B
Other Assets2.4B1.0B1.2B16M18.4M17.5M
Long Term Debt38.5B35.7B28.9B19.1B17.9B11.1B
Property Plant Equipment80.5B67.0B60.7B59.3B68.2B39.5B
Treasury Stock(10.7B)(10.7B)(10.7B)(13.8B)(12.4B)(11.8B)
Retained Earnings Total Equity20.2B3.0B4.5B16.5B14.8B16.3B
Deferred Long Term Liab21.6B17.5B17.0B15.1B17.4B9.9B
Net Tangible Assets24.5B8.8B10.6B20.3B18.3B20.2B

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