California Resources Corp - Asset Resilience Ratio
California Resources Corp (CRC) has an Asset Resilience Ratio of 59.90% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check California Resources Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how California Resources Corp's Asset Resilience Ratio has changed over time. See how leveraged is California Resources Corp's balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down California Resources Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see how much is California Resources Corp worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.34 Billion | 59.9% |
| Total Liquid Assets | $2.34 Billion | 59.90% |
Asset Resilience Insights
- Very High Liquidity: California Resources Corp maintains exceptional liquid asset reserves at 59.90% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
California Resources Corp Industry Peers by Asset Resilience Ratio
Compare California Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS |
Oil & Gas E&P | 8.93% |
|
Aker BP ASA
OL:AKRBP |
Oil & Gas E&P | 7.04% |
|
Santos Ltd
AU:STO |
Oil & Gas E&P | 0.04% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Vista Energy S.A.B. de C.V.
BA:VIST |
Oil & Gas E&P | 4.90% |
|
Spartan Delta Corp
TO:SDE |
Oil & Gas E&P | 0.03% |
|
Beach Energy Ltd
AU:BPT |
Oil & Gas E&P | 0.03% |
Annual Asset Resilience Ratio for California Resources Corp (2016–2024)
The table below shows the annual Asset Resilience Ratio data for California Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 67.04% | $4.78 Billion | $7.13 Billion | +66.80pp |
| 2018-12-31 | 0.24% | $17.00 Million | $7.16 Billion | -0.08pp |
| 2017-12-31 | 0.32% | $20.00 Million | $6.21 Billion | +0.13pp |
| 2016-12-31 | 0.19% | $12.00 Million | $6.35 Billion | -- |
About California Resources Corp
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVa… Read more