California Resources Corp balance sheet

At the end of fiscal 2025, California Resources Corp had total assets of $7.40bn and shareholders' equity of $3.67bn. It held $132m in cash against $1.30bn of debt: net debt of $1.17bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

California Resources Corp: balance sheet, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.3	0.3	0.5	0.4	0.1	0.1
Receivables	—	0.0	0.3	0.2	0.2	0.3	0.3	0.3	0.2	0.3	0.2	0.3	0.3	0.3
Inventory	—	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total current assets	—	0.3	0.7	0.4	0.4	0.5	0.6	0.5	0.8	0.9	0.9	1.0	0.9	0.7
Total assets	—	14.3	12.4	7.1	6.4	6.2	7.2	7.0	3.8	4.0	4.0	7.1	7.4	7.1
Accounts payable	—	0.4	0.6	0.3	0.2	0.3	0.4	0.3	0.3	0.3	0.2	0.4	0.5	0.4
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	—	—	0.0	0.0	0.0
Total current liabilities	—	0.7	0.9	0.6	0.7	0.7	0.6	0.7	0.9	0.9	0.6	1.0	1.1	1.1
Short-term debt	—	—	—	0.1	—	—	—	0.1	—	—	—	0.0	—	—
Long-term debt	—	—	6.4	6.0	5.3	5.3	5.3	4.9	0.6	0.6	0.5	1.1	1.3	1.3
Total debt	—	0.0	6.4	6.1	5.3	5.3	5.3	5.0	0.6	0.6	0.5	1.1	1.3	1.3
Shareholders' equity	9.9	10.0	2.6	−0.9	−0.6	−0.8	−0.4	−0.4	1.7	1.9	2.2	3.5	3.7	3.4
Net debt (negative = net cash)	—	0.0	6.4	6.1	5.3	5.3	5.2	5.0	0.3	0.3	0.0	0.8	1.2	1.2
Shares outstanding	—	—	39m	39m	43m	43m	49m	49m	79m	72m	69m	91m	89m	89m

US$ millions unless shown otherwise. Fiscal quarters.

California Resources Corp: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	313	330	308	297	286	333	454	342
Inventory	75	90	91	93	94	106	107	111
Total current assets	872	1,024	799	728	812	938	788	697
Total assets	7,128	7,135	6,827	6,712	6,751	7,403	7,149	7,103
Accounts payable	351	369	340	329	316	452	472	389
Deferred revenue (current)	—	25	—	17	14	19	11	16
Total current liabilities	897	980	961	928	917	1,050	1,441	1,055
Short-term debt	—	0	122	122	122	—	—	—
Long-term debt	1,131	1,132	888	888	889	1,283	1,310	1,281
Total debt	1,131	1,132	1,010	1,010	1,011	1,283	1,310	1,281
Shareholders' equity	3,501	3,538	3,516	3,407	3,443	3,674	2,918	3,402
Shares outstanding	89m	91m	89m	84m	84m	89m	89m	89m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from California Resources Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to California Resources Corp.