California Resources Financials
| CRC Stock | USD 59.16 0.69 1.18% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.58 | 1.5081 |
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Investors should never underestimate California Resources' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor California Resources' cash flow, debt, and profitability to make informed and accurate decisions about investing in California Resources Corp.
Cash And Equivalents |
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California | Select Account or Indicator |
Understanding current and past California Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of California Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in California Resources' assets may result in an increase in income on the income statement.
Please note, the presentation of California Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, California Resources' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of California Resources' management manipulating its earnings.
California Resources Stock Summary
California Resources competes with Berry Petroleum, Magnolia Oil, Comstock Resources, Gulfport Energy, and Evolution Petroleum. California Resources Corporation operates as an independent oil and natural gas company. The company was incorporated in 2014 and is based in Santa Clarita, California. California Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 970 people.Specialization | Energy, Oil & Gas E&P |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US13057Q3056 |
| CUSIP | 13057Q305 |
| Location | California; U.S.A |
| Business Address | 1 World Trade |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.crc.com |
| Phone | 888 848 4754 |
| Currency | USD - US Dollar |
California Resources Key Financial Ratios
| Return On Equity | 0.19 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.20 % | ||||
| Price To Sales | 2.07 X | ||||
| Revenue | 2.81 B |
California Resources Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.0B | 3.1B | 3.8B | 4.0B | 4.0B | 5.9B | |
| Other Current Liab | 285M | 218M | 547M | 499M | 338M | 333.9M | |
| Accounts Payable | 296M | 212M | 266M | 345M | 245M | 259.6M | |
| Net Receivables | 347M | 219M | 292M | 408M | 278M | 314.2M | |
| Inventory | 69M | 67M | 61M | 60M | 72M | 52.5M | |
| Other Current Assets | 2M | 21M | 96M | 89M | 83M | 59.2M | |
| Total Liab | 6.5B | 1.9B | 2.2B | 2.1B | 1.8B | 1.7B | |
| Total Current Assets | 491M | 329M | 753M | 864M | 929M | 606.0M | |
| Common Stock | (814M) | (361M) | (389M) | 1M | 900K | 855K | |
| 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 | |
| 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 |
California Resources Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 383M | 217M | 54M | 53M | 56M | 53.2M | |
| Total Revenue | 2.7B | 1.6B | 2.6B | 3.3B | 2.8B | 2.4B | |
| Gross Profit | 1.2B | 308M | 1.3B | 1.8B | 1.4B | 1.1B | |
| Operating Income | (55M) | (1.9B) | 658M | 1.1B | 808M | 848.4M | |
| Ebit | (98M) | 2.1B | 608M | 1.1B | 850M | 1.1B | |
| Ebitda | 416M | 2.5B | 871M | 1.3B | 1.1B | 1.6B | |
| Cost Of Revenue | 1.5B | 1.3B | 1.3B | 1.5B | 1.4B | 1.3B | |
| Income Before Tax | 100M | 1.9B | 229M | 761M | 748M | 785.4M | |
| Net Income | 99M | 3.3B | 612M | 524M | 564M | 592.2M | |
| Income Tax Expense | 1M | (1.5B) | (396M) | 237M | 184M | 193.2M | |
| Interest Income | 379M | 383M | 217M | 54M | 48.6M | 46.2M | |
| Net Interest Income | (383M) | (217M) | (54M) | (53M) | (57M) | (59.9M) |
California Resources Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (6M) | 27M | 1M | (8M) | (12M) | (11.4M) | |
| Change In Cash | 11M | (6M) | 277M | 2M | 189M | 198.5M | |
| Free Cash Flow | 676M | 59M | 660M | 678M | 468M | 293.9M | |
| Other Non Cash Items | 583M | (459M) | 538M | (201M) | (223M) | (211.9M) | |
| Capital Expenditures | 455M | 47M | 194M | 12M | 185M | 175.8M | |
| Dividends Paid | 2.3B | 445M | 14M | 59M | 81M | 77.0M | |
| Investments | (394M) | (37M) | (32M) | (4M) | (212M) | (222.6M) | |
| Change To Netincome | 239M | (2.2B) | 248M | 763M | 877.5M | 921.3M |
California Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining California Resources's current stock value. Our valuation model uses many indicators to compare California Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across California Resources competition to find correlations between indicators driving California Resources's intrinsic value. More Info.California Resources Corp is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for California Resources Corp is roughly 4.62 . At present, California Resources' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the California Resources' earnings, one of the primary drivers of an investment's value.California Resources Corp Systematic Risk
California Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. California Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on California Resources Corp correlated with the market. If Beta is less than 0 California Resources generally moves in the opposite direction as compared to the market. If California Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one California Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of California Resources is generally in the same direction as the market. If Beta > 1 California Resources moves generally in the same direction as, but more than the movement of the benchmark.
California Resources Thematic Clasifications
California Resources Corp is part of Petroleum and Natural Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Petroleum and Natural Gas | View |
Today, most investors in California Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various California Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of California Resources growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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California Resources November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of California Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of California Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of California Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing California Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build California Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.23 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.57 |
Complementary Tools for California Stock analysis
When running California Resources' price analysis, check to measure California Resources' 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 California Resources is operating at the current time. Most of California Resources' value examination focuses on studying past and present price action to predict the probability of California Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Resources' price. Additionally, you may evaluate how the addition of California Resources to your portfolios can decrease your overall portfolio volatility.
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