California Resources Corp financial data

Symbol
CRC on NYSE, CRCQW on OTC
Industry
Crude Petroleum & Natural Gas
Location
1 World Trade Center, Suite 1500, Long Beach, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 166 % +44.3%
Quick Ratio 10.8 % +33.6%
Return On Equity 7.8 % -83%
Return On Assets 4.01 % -82.5%
Operating Margin 14 % -62%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 67.9M shares -1.57%
Common Stock, Shares, Outstanding 67.9M shares -1.57%
Entity Public Float 3.12B USD +7.59%
Common Stock, Value, Issued 1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 68.1M shares -2.3%
Weighted Average Number of Shares Outstanding, Diluted 70M shares -2.64%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.15B USD -37.1%
Revenue from Contract with Customer, Excluding Assessed Tax 1.83B USD -25.4%
Costs and Expenses 1.88B USD +7.43%
Operating Income (Loss) 302M USD -76.1%
Nonoperating Income (Expense) -73M USD -125%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 229M USD -81%
Income Tax Expense (Benefit) 65M USD -78.3%
Net Income (Loss) Attributable to Parent 164M USD -81.9%
Earnings Per Share, Basic 2.47 USD/shares -79.9%
Earnings Per Share, Diluted 2.31 USD/shares -80.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.03B USD +130%
Accounts Receivable, after Allowance for Credit Loss, Current 175M USD -4.37%
Inventory, Net 56M USD -18.8%
Other Assets, Current 103M USD -17.6%
Assets, Current 1.44B USD +66%
Deferred Income Tax Assets, Net 139M USD +28.7%
Operating Lease, Right-of-Use Asset 83M USD 0%
Other Assets, Noncurrent 122M USD -26.5%
Assets 4.49B USD +15.1%
Accounts Payable, Current 248M USD +20.4%
Employee-related Liabilities, Current 69M USD +6.15%
Accrued Liabilities, Current 340M USD +13.7%
Liabilities, Current 593M USD +1.89%
Operating Lease, Liability, Noncurrent 55M USD -14.1%
Other Liabilities, Noncurrent 248M USD +21.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 72M USD -11.1%
Retained Earnings (Accumulated Deficit) 1.37B USD +6.1%
Stockholders' Equity Attributable to Parent 1.86B USD +10.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.05B USD -2.75%
Liabilities and Equity 4.49B USD +15.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 419M USD -45.4%
Net Cash Provided by (Used in) Financing Activities 316M USD
Net Cash Provided by (Used in) Investing Activities -152M USD +48.1%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 84.5M shares +1.26%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 583M USD +370%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.03B USD +130%
Interest Paid, Excluding Capitalized Interest, Operating Activities 20M USD -4.76%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 473M USD -11.4%
Operating Lease, Liability 70M USD 0%
Payments to Acquire Property, Plant, and Equipment 187M USD -30.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 155M USD -83.1%
Operating Lease, Liability, Current 19M USD +18.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14M USD -6.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 18M USD -14.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.4%
Deferred Income Tax Expense (Benefit) -27M USD -111%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20M USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 15M USD -82.4%
Current Income Tax Expense (Benefit) 92M USD +95.7%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10M USD -16.7%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 217M USD +1.88%
Deferred Tax Assets, Net of Valuation Allowance 473M USD -5.21%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%