OXY Quick Ratio Analysis

The quick ratio measures whether a company can cover its immediate liabilities—those due within a year—using only its most liquid assets, like cash, excluding inventory.

At 0.92x, OXY holds $0.92 of liquid assets for every $1 of short-term debt, a level above the sector median of 0.72x and placing it in the 64th percentile of peers. The ratio increased from 0.82x to 0.92x over the last quarter, a +12.2% quarter-over-quarter improvement, though the year-over-year comparison is unavailable. This upward trend, combined with a level above the sector midpoint, signals an improving ability to meet near-term obligations, reducing immediate liquidity risk. The data supports the NEUTRAL verdict, as liquidity is sound but not exceptional enough to suggest other concerns are outweighed.

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