Chevron Deferred Long Term Liab vs Capital Surpluse Analysis

CVX Stock  USD 150.95  1.25  0.84%   
Chevron Corp financial indicator trend analysis is way more than just evaluating Chevron Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron Corp is a good investment. Please check the relationship between Chevron Corp Deferred Long Term Liab and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Deferred Long Term Liab vs Capital Surpluse

Deferred Long Term Liab vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chevron Corp Deferred Long Term Liab account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chevron Corp's Deferred Long Term Liab and Capital Surpluse is -0.58. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Chevron Corp, assuming nothing else is changed. The correlation between historical values of Chevron Corp's Deferred Long Term Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Chevron Corp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Deferred Long Term Liab i.e., Chevron Corp's Deferred Long Term Liab and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Capital Surpluse

Most indicators from Chevron Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chevron Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.Selling General Administrative is likely to rise to about 6.2 B in 2024. Tax Provision is likely to rise to about 8.6 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit48.3B74.0B34.3B48.4B
Total Revenue155.6B246.3B200.9B149.4B

Chevron Corp fundamental ratios Correlations

0.790.240.50.830.740.69-0.010.760.760.550.72-0.260.530.790.85-0.010.380.70.57-0.840.780.710.73-0.180.85
0.790.590.620.780.980.970.330.990.620.380.98-0.310.360.630.92-0.030.130.820.57-0.820.980.970.560.120.92
0.240.590.180.050.60.720.940.54-0.22-0.390.70.25-0.4-0.170.43-0.320.140.25-0.13-0.490.670.73-0.290.60.43
0.50.620.180.530.710.5-0.050.640.50.520.55-0.470.510.530.510.1-0.330.710.55-0.490.560.60.54-0.320.51
0.830.780.050.530.710.65-0.240.770.930.750.67-0.570.740.920.810.10.150.770.72-0.670.720.620.89-0.10.8
0.740.980.60.710.710.950.350.970.550.370.96-0.350.350.560.840.03-0.040.780.54-0.770.940.960.50.140.84
0.690.970.720.50.650.950.490.940.470.240.98-0.260.220.450.84-0.050.080.680.5-0.760.980.950.390.290.84
-0.010.330.94-0.05-0.240.350.490.29-0.47-0.680.480.49-0.69-0.420.21-0.440.170.03-0.4-0.30.420.52-0.570.630.21
0.760.990.540.640.770.970.940.290.630.380.97-0.280.360.640.94-0.020.130.870.54-0.830.940.960.560.090.93
0.760.62-0.220.50.930.550.47-0.470.630.810.5-0.60.80.970.710.170.130.720.8-0.530.560.450.96-0.420.71
0.550.38-0.390.520.750.370.24-0.680.380.810.22-0.81.00.760.370.49-0.170.470.8-0.240.320.170.93-0.40.37
0.720.980.70.550.670.960.980.480.970.50.22-0.180.20.510.91-0.110.170.780.45-0.820.970.990.410.210.9
-0.26-0.310.25-0.47-0.57-0.35-0.260.49-0.28-0.6-0.8-0.18-0.79-0.53-0.13-0.450.51-0.25-0.7-0.01-0.29-0.12-0.690.18-0.13
0.530.36-0.40.510.740.350.22-0.690.360.81.00.2-0.790.750.350.53-0.180.450.8-0.220.30.150.92-0.40.35
0.790.63-0.170.530.920.560.45-0.420.640.970.760.51-0.530.750.730.110.180.760.68-0.560.560.480.94-0.430.73
0.850.920.430.510.810.840.840.210.940.710.370.91-0.130.350.73-0.110.410.880.54-0.890.880.890.61-0.051.0
-0.01-0.03-0.320.10.10.03-0.05-0.44-0.020.170.49-0.11-0.450.530.11-0.11-0.47-0.110.350.24-0.09-0.130.31-0.08-0.11
0.380.130.14-0.330.15-0.040.080.170.130.13-0.170.170.51-0.180.180.41-0.470.25-0.14-0.530.150.150.05-0.030.41
0.70.820.250.710.770.780.680.030.870.720.470.78-0.250.450.760.88-0.110.250.54-0.80.730.780.67-0.220.88
0.570.57-0.130.550.720.540.5-0.40.540.80.80.45-0.70.80.680.540.35-0.140.54-0.40.550.390.8-0.350.54
-0.84-0.82-0.49-0.49-0.67-0.77-0.76-0.3-0.83-0.53-0.24-0.82-0.01-0.22-0.56-0.890.24-0.53-0.8-0.4-0.79-0.81-0.44-0.03-0.89
0.780.980.670.560.720.940.980.420.940.560.320.97-0.290.30.560.88-0.090.150.730.55-0.790.950.490.170.88
0.710.970.730.60.620.960.950.520.960.450.170.99-0.120.150.480.89-0.130.150.780.39-0.810.950.360.170.89
0.730.56-0.290.540.890.50.39-0.570.560.960.930.41-0.690.920.940.610.310.050.670.8-0.440.490.36-0.450.61
-0.180.120.6-0.32-0.10.140.290.630.09-0.42-0.40.210.18-0.4-0.43-0.05-0.08-0.03-0.22-0.35-0.030.170.17-0.45-0.06
0.850.920.430.510.80.840.840.210.930.710.370.9-0.130.350.731.0-0.110.410.880.54-0.890.880.890.61-0.06
Click cells to compare fundamentals

Chevron Corp Account Relationship Matchups

Chevron Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.9B1.9B1.9B1.9B1.9B2.0B
Total Assets237.4B239.8B239.5B257.7B261.6B171.8B
Short Long Term Debt Total27.0B44.3B31.4B23.3B26.1B20.5B
Other Current Liab9.1B9.7B10.1B13.3B7.9B6.3B
Total Current Liabilities26.5B22.2B26.8B34.2B32.3B25.7B
Total Stockholder Equity176.8B162.2B167.4B191.9B161.0B107.1B
Property Plant And Equipment Net154.6B160.6B150.6B147.9B159.0B106.7B
Net Debt21.3B38.7B25.7B5.7B17.6B12.4B
Retained Earnings174.9B160.4B165.5B190.0B200.0B109.6B
Accounts Payable14.1B11.0B16.5B19.0B20.4B14.1B
Cash5.7B5.6B5.6B17.7B8.5B8.1B
Non Current Assets Total197.7B204.0B195.7B197.8B220.5B135.8B
Non Currrent Assets Other3.4B1.1B768M(17.1B)4.0B4.2B
Cash And Short Term Investments5.7B5.6B5.7B17.9B8.5B8.7B
Net Receivables13.3B11.5B18.4B20.5B19.9B14.7B
Short Term Investments63M31M35M223M45M42.8M
Liabilities And Stockholders Equity237.4B239.8B239.5B257.7B261.6B171.8B
Non Current Liabilities Total23.4B42.3B30.7B21.0B67.4B70.8B
Inventory5.8B5.7B6.8B8.2B8.6B5.0B
Other Current Assets3.5B3.3B3.3B3.7B4.1B3.2B
Other Stockholder Equity(27.3B)(24.7B)(24.2B)(29.5B)(37.7B)(35.8B)
Total Liab92.2B107.1B99.6B97.5B99.7B75.5B
Property Plant And Equipment Gross326.7B345.2B336.0B327.8B346.1B203.3B
Total Current Assets28.3B26.1B33.7B50.3B41.1B32.1B
Accumulated Other Comprehensive Income(5.2B)(5.9B)(4.1B)(3.0B)(3.2B)(3.4B)
Short Term Debt3.3B1.5B256M2.0B2.1B2.4B
Property Plant Equipment154.6B160.6B150.6B147.9B170.0B104.0B
Other Liab39.4B39.5B39.2B39.0B44.8B30.0B
Other Assets11.4B9.7B10.1B9.6B261.6B274.7B
Long Term Debt23.7B42.3B30.7B21.0B19.7B19.9B
Treasury Stock(44.6B)(41.5B)(41.5B)(48.2B)(43.4B)(45.5B)
Good Will4.5B4.4B4.4B4.7B4.2B3.7B
Net Tangible Assets139.8B127.3B131.5B154.6B177.7B146.7B
Noncontrolling Interest In Consolidated Entity995M1.0B873M960M1.1B1.1B
Retained Earnings Total Equity174.9B160.4B165.5B190.0B218.5B179.6B

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