OXYNEUTRAL

OXY Current Ratio Analysis

1.21x

Updated 624h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.21x means OXY has $1.21 in current assets for every $1.00 in current liabilities, indicating it can cover short-term obligations without strain.

Sector Performance

51th percentile

OXY

1.21x

Sector Median

1.20x

Sector Avg

2.57x

Prior Period

0.94x(Apr 2026)

↑ Improving

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Deep Analysis

The current ratio of 1.21x means OXY has $1.21 in current assets for every $1.00 in current liabilities, indicating it can cover short-term obligations without strain.

This matches the sector median of 1.21x exactly, placing OXY at the 50th percentile among peers—essentially average liquidity for its industry. The year-over-year change is not available, but the quarter-over-quarter increase of +28.7% shows liquidity improved sharply from the prior quarter’s 0.94x. A ratio at the sector median combined with a large QoQ rise suggests reduced short-term risk, as the company recently strengthened its ability to pay near-term debts. This positive shift supports the overall NEUTRAL verdict by confirming the stock has no glaring liquidity weakness, yet the ratio remains unremarkable relative to peers.

Frequently Asked Questions

What does the Current Ratio tell investors about OXY?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

Who are OXY's closest peers by Current Ratio?

The closest peers by Current Ratio include: GEN (0.40x), USB (0.40x), CHTR (0.40x), DRI (0.39x), WFC (0.34x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.