California Resources Corp - Asset Resilience Ratio

Latest as of March 2024: 59.90%

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. See California Resources Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$2.34 Billion
Cash + Short-term Investments

Total Assets

$3.91 Billion
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how California Resources Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of California Resources Corp.

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. Explore how much of California Resources Corp's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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
Chord Energy Corp
NASDAQ:CHRD
Oil & Gas E&P -0.04%
Vista Oil Gas ADR
NYSE:VIST
Oil & Gas E&P 5.26%
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
Oil & Gas E&P 0.09%
Peyto Exploration&Development Corp
TO:PEY
Oil & Gas E&P 1.27%
MEG Energy Corp
TO:MEG
Oil & Gas E&P 0.00%
International Petroleum Corp
TO:IPCO
Oil & Gas E&P 1.08%
Etablissements Maurel et Prom SA
PA:MAU
Oil & Gas E&P 2.65%
Sino Geophysical
SHE:300191
Oil & Gas E&P 19.57%

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 --
pp = percentage points

About California Resources Corp

NYSE:CRC USA Oil & Gas E&P
Market Cap
$4.84 Billion
Market Cap Rank
#3645 Global
#1278 in USA
Share Price
$54.47
Change (1 day)
-5.50%
52-Week Range
$43.55 - $70.13
All Time High
$70.13
About

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