Occidental Other Current Assets vs Other Stockholder Equity 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 Other Current Assets and its Other Stockholder Equity 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.

Other Current Assets vs Other Stockholder Equity

Other Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Occidental Petroleum Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Occidental Petroleum's Other Current Assets and Other Stockholder Equity is 0.53. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity 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 Other Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Occidental Petroleum are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Occidental Petroleum's Other Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Stockholder Equity

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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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.