CRA Other Operating Expenses vs Ebit Analysis

CRAI Stock  USD 167.34  2.64  1.60%   
CRA International financial indicator trend analysis is way more than just evaluating CRA International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CRA International is a good investment. Please check the relationship between CRA International Other Operating Expenses and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRA International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CRA International Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CRA International's Other Operating Expenses and Ebit is 0.52. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of CRA International, assuming nothing else is changed. The correlation between historical values of CRA International's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of CRA International are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., CRA International's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CRA International. It is also known as CRA International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebit

Most indicators from CRA International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CRA International 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 CRA International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.The CRA International's current Enterprise Value is estimated to increase to about 186.8 M, while Selling General Administrative is projected to decrease to under 74.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense970K1.8M3.8M4.0M
Depreciation And Amortization12.8M12.0M25.8M27.1M

CRA International fundamental ratios Correlations

0.620.760.830.620.820.660.960.910.360.970.20.320.8-0.140.850.030.470.860.770.930.1-0.53-0.530.64-0.17
0.620.410.580.140.640.480.640.710.050.640.18-0.020.54-0.460.65-0.350.190.620.550.520.55-0.67-0.670.190.14
0.760.410.910.320.830.760.630.660.330.73-0.190.280.89-0.450.76-0.190.780.910.90.73-0.13-0.66-0.660.390.23
0.830.580.910.350.860.760.740.820.30.8-0.140.240.99-0.480.79-0.260.780.970.930.80.15-0.78-0.780.460.3
0.620.140.320.350.16-0.090.730.450.760.50.330.770.380.620.160.550.070.270.150.740.050.260.260.89-0.57
0.820.640.830.860.160.950.660.740.040.890.070.00.79-0.540.97-0.290.540.960.950.63-0.01-0.82-0.820.280.2
0.660.480.760.76-0.090.950.450.62-0.220.76-0.07-0.240.7-0.660.93-0.370.550.880.920.43-0.15-0.85-0.850.070.35
0.960.640.630.740.730.660.450.890.430.90.250.40.73-0.010.70.120.360.720.60.930.22-0.4-0.40.72-0.28
0.910.710.660.820.450.740.620.890.140.880.120.070.81-0.310.77-0.240.510.810.720.840.32-0.63-0.630.460.04
0.360.050.330.30.760.04-0.220.430.140.20.140.980.310.48-0.030.470.230.180.10.580.030.250.250.67-0.42
0.970.640.730.80.50.890.760.90.880.20.280.160.74-0.210.92-0.040.380.860.80.820.07-0.59-0.590.54-0.13
0.20.18-0.19-0.140.330.07-0.070.250.120.140.280.08-0.220.420.12-0.03-0.56-0.06-0.110.040.060.20.20.08-0.55
0.32-0.020.280.240.770.0-0.240.40.070.980.160.080.260.53-0.060.610.190.130.060.540.00.310.310.75-0.43
0.80.540.890.990.380.790.70.730.810.310.74-0.220.26-0.430.71-0.230.80.930.890.80.17-0.73-0.730.490.32
-0.14-0.46-0.45-0.480.62-0.54-0.66-0.01-0.310.48-0.210.420.53-0.43-0.50.72-0.55-0.52-0.59-0.01-0.120.880.880.43-0.71
0.850.650.760.790.160.970.930.70.77-0.030.920.12-0.060.71-0.5-0.230.460.90.890.64-0.01-0.78-0.780.270.1
0.03-0.35-0.19-0.260.55-0.29-0.370.12-0.240.47-0.04-0.030.61-0.230.72-0.23-0.24-0.27-0.320.15-0.230.620.620.65-0.57
0.470.190.780.780.070.540.550.360.510.230.38-0.560.190.8-0.550.46-0.240.70.690.56-0.09-0.62-0.620.210.41
0.860.620.910.970.270.960.880.720.810.180.86-0.060.130.93-0.520.9-0.270.70.970.750.07-0.83-0.830.40.27
0.770.550.90.930.150.950.920.60.720.10.8-0.110.060.89-0.590.89-0.320.690.970.64-0.02-0.84-0.840.290.33
0.930.520.730.80.740.630.430.930.840.580.820.040.540.8-0.010.640.150.560.750.640.14-0.37-0.370.72-0.23
0.10.55-0.130.150.05-0.01-0.150.220.320.030.070.060.00.17-0.12-0.01-0.23-0.090.07-0.020.14-0.21-0.210.140.34
-0.53-0.67-0.66-0.780.26-0.82-0.85-0.4-0.630.25-0.590.20.31-0.730.88-0.780.62-0.62-0.83-0.84-0.37-0.211.00.07-0.58
-0.53-0.67-0.66-0.780.26-0.82-0.85-0.4-0.630.25-0.590.20.31-0.730.88-0.780.62-0.62-0.83-0.84-0.37-0.211.00.07-0.58
0.640.190.390.460.890.280.070.720.460.670.540.080.750.490.430.270.650.210.40.290.720.140.070.07-0.31
-0.170.140.230.3-0.570.20.35-0.280.04-0.42-0.13-0.55-0.430.32-0.710.1-0.570.410.270.33-0.230.34-0.58-0.58-0.31
Click cells to compare fundamentals

CRA International Account Relationship Matchups

CRA International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets533.2M558.5M555.4M550.9M553.2M359.9M
Other Current Liab125.8M157.3M162.4M161.6M184.2M193.4M
Total Current Liabilities171.4M200.1M213.1M217.1M236.1M247.9M
Total Stockholder Equity197.8M209.0M205.8M211.2M212.1M194.7M
Property Plant And Equipment Net191.5M185.0M164.1M142.3M125.1M131.3M
Net Debt133.8M107.3M72.7M90.5M63.2M66.3M
Retained Earnings200.2M217.0M215.8M224.4M224.3M138.6M
Accounts Payable26.1M19.4M23.5M27.6M28.7M14.9M
Cash25.6M45.7M66.1M31.4M45.6M60.8M
Non Current Assets Total349.2M338.5M306.0M302.1M287.7M175.1M
Non Currrent Assets Other62.7M59.2M48.8M2.3M2.4M2.3M
Cash And Short Term Investments25.6M45.7M66.1M31.4M45.6M63.1M
Net Receivables144.4M152.5M162.1M195.0M208.3M218.7M
Common Stock Shares Outstanding8.2M7.9M7.6M7.4M7.1M7.5M
Liabilities And Stockholders Equity533.2M558.5M555.4M550.9M553.2M359.9M
Non Current Liabilities Total164.1M149.4M136.4M122.6M105.0M59.5M
Other Current Assets14.0M21.8M21.2M22.4M11.6M11.0M
Other Stockholder Equity237K(8.5M)205.8M200.7M230.8M242.3M
Total Liab335.5M349.5M349.5M339.8M341.1M358.2M
Property Plant And Equipment Gross191.5M185.0M164.1M142.3M195.9M205.7M
Total Current Assets184.1M220.0M249.3M248.9M265.5M184.8M
Accumulated Other Comprehensive Income(11.8M)(8.5M)(10.0M)(15.0M)(12.2M)(11.6M)
Short Term Debt12.8M13.6M14.3M16.0M16.5M12.6M
Common Stock Total Equity22.8M9.3M503K1.7M1.6M1.5M
Common Stock22.8M9.3M503K1.7M1.6M1.5M
Good Will88.5M89.2M88.9M92.9M94.0M96.3M
Intangible Assets6.5M5.1M4.2M8.6M7.2M13.3M
Other Liab17.5M9.9M12.0M16.6M19.1M13.0M
Other Assets62.7M59.2M48.8M22K25.3K24.0K
Property Plant Equipment61.3M62.9M53.6M45.6M52.4M31.0M
Current Deferred Revenue6.7M9.9M12.8M12.0M6.7M6.3M
Net Tangible Assets102.8M114.7M112.7M109.6M98.7M100.7M
Retained Earnings Total Equity200.2M217.0M215.8M224.4M258.1M166.1M
Deferred Long Term Liab15.6M7.8M12.0M953K1.1M1.0M
Net Invested Capital197.8M209.0M205.8M211.2M212.1M226.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CRA International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CRA International's short interest history, or implied volatility extrapolated from CRA International options trading.

Pair Trading with CRA International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CRA International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CRA International will appreciate offsetting losses from the drop in the long position's value.

Moving together with CRA Stock

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The ability to find closely correlated positions to CRA International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CRA International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CRA International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CRA International to buy it.
The correlation of CRA International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CRA International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CRA International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CRA International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CRA International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CRA International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cra International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cra International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRA International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.
Note that the CRA International information on this page should be used as a complementary analysis to other CRA International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running CRA International's price analysis, check to measure CRA International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CRA International is operating at the current time. Most of CRA International's value examination focuses on studying past and present price action to predict the probability of CRA International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRA International's price. Additionally, you may evaluate how the addition of CRA International to your portfolios can decrease your overall portfolio volatility.
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Is CRA International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CRA International. If investors know CRA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CRA International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.585
Dividend Share
1.56
Earnings Share
6.11
Revenue Per Share
92.377
Quarterly Revenue Growth
0.124
The market value of CRA International is measured differently than its book value, which is the value of CRA that is recorded on the company's balance sheet. Investors also form their own opinion of CRA International's value that differs from its market value or its book value, called intrinsic value, which is CRA International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CRA International's market value can be influenced by many factors that don't directly affect CRA International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CRA International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRA International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRA International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.