Occidental Long Term Debt vs Property Plant Equipment Analysis

OXY Stock  USD 50.58  0.26  0.52%   
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 Long Term Debt and its Property Plant Equipment 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.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Occidental Petroleum Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Occidental Petroleum's Long Term Debt and Property Plant Equipment is 0.77. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment 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 Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Occidental Petroleum are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Occidental Petroleum's Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Occidental Petroleum has held for over one year. Long-term debt appears on Occidental Petroleum balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Occidental Petroleum balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

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

0.720.380.910.60.990.690.110.30.990.020.270.550.710.780.710.50.550.890.75-0.08-0.270.640.50.770.8
0.720.370.61-0.090.731.0-0.56-0.090.750.09-0.130.020.480.990.670.690.720.940.36-0.27-0.230.120.630.590.62
0.380.370.160.060.430.37-0.23-0.040.42-0.11-0.040.030.380.390.580.280.460.430.030.110.190.090.350.40.38
0.910.610.160.590.850.570.230.450.870.210.410.680.570.650.480.240.270.790.9-0.05-0.530.810.30.670.69
0.6-0.090.060.590.57-0.130.840.540.56-0.070.540.770.530.030.220.020.00.170.670.23-0.080.780.110.450.47
0.990.730.430.850.570.70.070.231.0-0.040.20.490.730.80.770.560.610.890.67-0.09-0.190.570.540.790.81
0.691.00.370.57-0.130.7-0.6-0.180.720.06-0.21-0.030.460.980.680.70.730.920.29-0.29-0.20.070.650.570.6
0.11-0.56-0.230.230.840.07-0.60.580.050.040.580.660.17-0.47-0.25-0.32-0.48-0.340.460.38-0.090.65-0.320.060.07
0.3-0.09-0.040.450.540.23-0.180.580.220.370.980.580.25-0.07-0.18-0.27-0.220.070.720.28-0.320.65-0.270.180.24
0.990.750.420.870.561.00.720.050.22-0.020.190.480.720.810.770.550.610.910.68-0.11-0.220.570.550.790.81
0.020.09-0.110.21-0.07-0.040.060.040.37-0.020.340.05-0.260.06-0.37-0.08-0.070.060.250.09-0.290.16-0.27-0.15-0.18
0.27-0.13-0.040.410.540.2-0.210.580.980.190.340.580.23-0.09-0.2-0.31-0.170.030.670.22-0.270.63-0.260.140.2
0.550.020.030.680.770.49-0.030.660.580.480.050.580.370.10.07-0.25-0.050.240.770.09-0.520.950.020.30.36
0.710.480.380.570.530.730.460.170.250.72-0.260.230.370.550.780.590.290.570.430.040.060.40.630.950.97
0.780.990.390.650.030.80.98-0.47-0.070.810.06-0.090.10.550.710.70.770.940.4-0.25-0.20.190.70.640.67
0.710.670.580.480.220.770.68-0.25-0.180.77-0.37-0.20.070.780.710.650.560.750.18-0.290.080.110.720.850.83
0.50.690.280.240.020.560.7-0.32-0.270.55-0.08-0.31-0.250.590.70.650.530.60.00.020.21-0.160.570.610.62
0.550.720.460.270.00.610.73-0.48-0.220.61-0.07-0.17-0.050.290.770.560.530.680.09-0.360.19-0.060.640.290.32
0.890.940.430.790.170.890.92-0.340.070.910.060.030.240.570.940.750.60.680.55-0.23-0.290.350.550.70.72
0.750.360.030.90.670.670.290.460.720.680.250.670.770.430.40.180.00.090.550.11-0.550.90.060.450.51
-0.08-0.270.11-0.050.23-0.09-0.290.380.28-0.110.090.220.090.04-0.25-0.290.02-0.36-0.230.110.230.13-0.17-0.01-0.01
-0.27-0.230.19-0.53-0.08-0.19-0.2-0.09-0.32-0.22-0.29-0.27-0.520.06-0.20.080.210.19-0.29-0.550.23-0.560.18-0.04-0.07
0.640.120.090.810.780.570.070.650.650.570.160.630.950.40.190.11-0.16-0.060.350.90.13-0.56-0.010.380.43
0.50.630.350.30.110.540.65-0.32-0.270.55-0.27-0.260.020.630.70.720.570.640.550.06-0.170.18-0.010.640.62
0.770.590.40.670.450.790.570.060.180.79-0.150.140.30.950.640.850.610.290.70.45-0.01-0.040.380.640.98
0.80.620.380.690.470.810.60.070.240.81-0.180.20.360.970.670.830.620.320.720.51-0.01-0.070.430.620.98
Click cells to compare fundamentals

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 Liab2.0B3.8B3.8B2.9B3.3B1.9B
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)1.1B1.1B
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 Assets1.3B2.8B1.4B1.6B1.7B1.8B
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 Debt620M1.4B643M854M2.2B2.4B
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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