Occidental Debt Equity Ratio from 2010 to 2024

OXY Stock  USD 50.58  0.26  0.52%   
Occidental Petroleum Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Occidental Petroleum Debt Equity Ratio regression line of annual values had r-squared of  0.21 and arithmetic mean of  0.71. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.69127273
Current Value
0.96
Quarterly Volatility
0.54081015
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Occidental Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Occidental Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 B, Interest Expense of 992.2 M or Total Revenue of 17.8 B, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0505 or PTB Ratio of 1.35. Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
  
Check out the analysis of Occidental Petroleum Correlation against competitors.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Latest Occidental Petroleum's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Occidental Petroleum over the last few years. It is Occidental Petroleum's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Occidental Petroleum's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Occidental Debt Equity Ratio Regression Statistics

Arithmetic Mean0.71
Geometric Mean0.52
Coefficient Of Variation76.49
Mean Deviation0.43
Median0.48
Standard Deviation0.54
Sample Variance0.29
Range1.8007
R-Value0.46
Mean Square Error0.25
R-Squared0.21
Significance0.09
Slope0.06
Total Sum of Squares4.09

Occidental Debt Equity Ratio History

2024 0.96
2022 0.69
2021 1.44
2020 1.96
2019 1.13
2017 0.48
2016 0.46

About Occidental Petroleum Financial Statements

Occidental Petroleum investors use historical fundamental indicators, such as Occidental Petroleum's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Occidental Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.69  0.96 

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Additional Tools for Occidental Stock Analysis

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