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California Resources Corporation (CRC)
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California Resources Corporation (CRC) Interest Coverage Ratio: 8.04x

The interest coverage ratio for California Resources Corporation (CRC) is 8.04x as of Monday, June 15, 2026.

CRC Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

8.04x

CRC Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
California Resources Corporation (CRC)$5.20B8.04xN/AN/AN/A
Helmerich & Payne, Inc. (HP)vs ›$3.92B2.15x8.84x13.14x13.14x
Enphase Energy, Inc. (ENPH)vs ›$7.19B36.42x22.55x35.76x26.11x
Weatherford International plc (WFRD)vs ›$7.29B5.52x5.73x4.48x3.68x
Emeren Group, Ltd. (SOL)vs ›$995.64M-0.25x1.77x1.77x1.65x
enCore Energy Corp. (EU)vs ›$264.16M-26.60xN/AN/AN/A
Antero Midstream Corporation (AM)vs ›$10.29B3.39x3.29x3.06x3.08x
Venture Global, Inc. (VG)vs ›$31.94B3.46x3.24x5.02x5.02x
EQT Corporation (EQT)vs ›$32.49B7.18x4.34x7.53x7.53x
Occidental Petroleum Corporation (OXY)vs ›$56.24B4.14x4.61x7.25x6.38x

Financial Health Indicators

Interest Coverage

8.0x

Debt/Equity

0.37

Current Ratio

0.89

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

California Resources Corporation Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

California Resources Corporation Interest Coverage Ratio FAQ

What is the interest coverage ratio for California Resources Corporation (CRC)?
The interest coverage ratio for CRC stock is 8.04x.

About California Resources Corporation

California Resources Corporation functions as an independent enterprise primarily engaged in oil and natural gas ventures. Its operations encompass the full spectrum from exploration and extraction of crude oil, natural gas, and natural gas liquids, through their collection and processing, to their ultimate marketing. These energy products are supplied to various clients, including energy marketers, refineries located in California, and other purchasers who possess the necessary transport and storage infrastructure. As of December 31, 2021, the company held rights to approximately 1.9 million net mineral acres, with its proven reserves estimated at 480 million barrels of oil equivalent (BOE). Additionally, the firm also produces and supplies electricity to both the local utility and the broader power grid. Established in 2014, the corporation is headquartered in Santa Clarita, California.

Long Beach, CA
1,550 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Francisco J. Leon