Occidental Long Term Investments vs Net Receivables Analysis

OXY Stock  USD 50.32  0.47  0.94%   
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 Investments and its Net Receivables 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 Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Occidental Petroleum Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Occidental Petroleum's Long Term Investments and Net Receivables is 0.3. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables 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 Investments and Net Receivables 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 Investments of Occidental Petroleum are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Occidental Petroleum's Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Occidental Petroleum balance sheet that represents investments Occidental Petroleum intends to hold for over a year. Occidental Petroleum long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

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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