As of June 2, 2025, Chevron Corp (CVX) reports a Current Ratio of 1.06.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Chevron Corp's Current Ratio
Over recent years, Chevron Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.06 |
| 2023-12-31 | 1.27 |
| 2022-12-31 | 1.47 |
| 2021-12-31 | 1.26 |
| 2020-12-31 | 1.18 |
This slight upward trend highlights how Chevron Corp manages its short-term assets and liabilities over time.
Comparing Chevron Corp's Current Ratio to Peers
To better understand Chevron Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Chevron Corp (CVX) | 1.06 |
| REX American Resources Corp (REX) | 8.64 |
| Renewable Energy Group Inc (REGI) | 6.07 |
| Alto Ingredients Inc (ALTO) | 2.65 |
| HollyFrontier Corp (HFC) | 1.82 |
| Galp Energia SGPS SA (GALP.LS) | 1.72 |
Compared to its competitors, Chevron Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.