California Resources Corp (CRC) Long-Term Debt to Equity

California Resources (CRC) generates revenue from the extraction of crude oil and condensate in California for local refineries. This chart tracks the asset value, which currently stands at 0.36, helping to assess the impact of market volatility on a business shielded from military conflicts by the location of its assets. To comply with strict state environmental standards, the company is implementing advanced carbon capture and sequestration technologies.
Comprehensive metric breakdowns and analytics for California Resources Corp (CRC)

Reducing the debt load is critical for minimizing financial risks, which is particularly relevant for California Resources (CRC), as its localization in California eliminates geopolitical shocks but requires a stable balance sheet. The ratio of loans with maturities exceeding one year to equity, reflected in the long-term debt-to-equity structure, determines the company's degree of autonomy and the efficiency of utilizing borrowed funds to scale the business.