California Resources Corporation (CRC) Quick Ratio (Acid-Test): 0.79
Is California Resources Corporation’s quick ratio (acid-test) high or low?
California Resources Corporation's quick ratio (acid-test) of 0.79 is 12% below its 5-year average of 0.90, near the low end of its 5-year range (0.57–1.39).
As of Monday, June 15, 2026. 9.20% below its 12-month average of 0.87.
CRC Quick Ratio (Acid-Test) Chart
CRC Average Quick Ratio (Acid-Test) Chart
CRC Current vs Average Quick Ratio (Acid-Test) Chart
CRC Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.79
QUICK RATIO (ACID-TEST) AVG TTM
0.87
QUICK RATIO (ACID-TEST) AVG 3Y
1.01
QUICK RATIO (ACID-TEST) AVG 5Y
0.90
QUICK RATIO (ACID-TEST) AVG 10Y
0.79
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-9.20%
CURRENT VS 3Y AVG
-21.59%
CURRENT VS 5Y AVG
-12.38%
CURRENT VS 10Y AVG
+0.23%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
CRC Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| California Resources Corporation (CRC) | $5.20B | 0.79 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 1.40 | 1.90 | 2.06 | 2.32 |
| Enphase Energy, Inc. (ENPH)vs › | $7.19B | 1.84 | 2.56 | 3.15 | 2.91 |
| Weatherford International plc (WFRD)vs › | $7.29B | 1.65 | 1.57 | 1.53 | 1.60 |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 3.86 | 3.92 | 5.36 | 3.99 |
| enCore Energy Corp. (EU)vs › | $264.16M | 7.64 | 4.92 | 4.41 | 4.55 |
| Antero Midstream Corporation (AM)vs › | $10.29B | 3.41 | 2.29 | 1.60 | 1.36 |
| Venture Global, Inc. (VG)vs › | $31.94B | 0.87 | 1.05 | 1.36 | 1.36 |
| EQT Corporation (EQT)vs › | $32.49B | 0.76 | 0.73 | 0.88 | 0.78 |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 0.74 | 0.73 | 0.76 | 0.81 |
Liquidity Comparison
Quick Ratio
0.79
Excludes inventory
Current Ratio
0.89
Includes inventory
California Resources Corporation Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
California Resources Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for California Resources Corporation (CRC)?
- The quick ratio (acid-test) for CRC stock is 0.79.
- Is California Resources Corporation's quick ratio (acid-test) high or low?
- California Resources Corporation's quick ratio (acid-test) of 0.79 is 12% below its 5-year average of 0.90, near the low end of its 5-year range (0.57–1.39).
- What is the TTM average quick ratio (acid-test) for California Resources Corporation (CRC)?
- The TTM average quick ratio (acid-test) for CRC stock is 0.87.
- What is the 3Y average quick ratio (acid-test) for California Resources Corporation (CRC)?
- The 3Y average quick ratio (acid-test) for CRC stock is 1.01.
- What is the 5Y average quick ratio (acid-test) for California Resources Corporation (CRC)?
- The 5Y average quick ratio (acid-test) for CRC stock is 0.90.
- What is the 10Y average quick ratio (acid-test) for California Resources Corporation (CRC)?
- The 10Y average quick ratio (acid-test) for CRC stock is 0.79.
California Resources Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.79 |
| 2024-12-31 | 0.95 |
| 2023-12-31 | 1.39 |
| 2022-12-31 | 0.90 |
| 2021-12-31 | 0.81 |
| 2020-12-31 | 0.57 |
| 2019-12-31 | 0.60 |
| 2018-12-31 | 0.94 |
| 2017-12-31 | 0.58 |
| 2016-12-31 | 0.51 |
| 2015-12-31 | 0.63 |
| 2014-12-31 | 0.70 |
| 2013-12-31 | 0.26 |
| 2012-12-31 | 0.30 |
Related Metrics
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Francisco J. Leon