Crown Short Long Term Debt vs Other Assets Analysis

CCI Stock  USD 93.58  0.63  0.67%   
Crown Castle financial indicator trend analysis is way more than just evaluating Crown Castle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Castle is a good investment. Please check the relationship between Crown Castle Short Long Term Debt and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.

Short Long Term Debt vs Other Assets

Short Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Castle Short Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Crown Castle's Short Long Term Debt and Other Assets is -0.26. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Crown Castle, assuming nothing else is changed. The correlation between historical values of Crown Castle's Short Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Crown Castle are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt i.e., Crown Castle's Short Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Other Assets

Most indicators from Crown Castle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Castle 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 Crown Castle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.As of now, Crown Castle's Selling General Administrative is increasing as compared to previous years. The Crown Castle's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Discontinued Operations is forecasted to increase to (53 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.3B4.9B3.3B1.9B
Total Revenue6.3B7.0B7.0B7.3B

Crown Castle fundamental ratios Correlations

0.960.90.910.710.970.96-0.890.520.221.0-0.030.230.560.980.850.980.54-0.410.990.970.790.590.640.620.87
0.960.820.980.480.991.0-0.970.410.160.96-0.010.160.680.930.781.00.43-0.540.921.00.870.50.410.540.77
0.90.820.770.780.860.82-0.770.540.190.9-0.030.190.280.870.90.850.52-0.150.910.840.560.590.710.560.93
0.910.980.770.390.950.98-0.970.390.180.910.080.180.720.890.720.960.41-0.580.870.980.850.510.330.480.71
0.710.480.780.390.540.47-0.350.610.280.7-0.060.280.010.710.720.540.610.10.760.510.250.560.960.560.8
0.970.990.860.950.540.99-0.960.420.130.97-0.090.130.620.940.781.00.41-0.480.940.990.830.480.460.520.79
0.961.00.820.980.470.99-0.970.410.140.96-0.020.150.680.930.771.00.42-0.540.921.00.870.50.410.530.77
-0.89-0.97-0.77-0.97-0.35-0.96-0.97-0.28-0.08-0.90.1-0.08-0.74-0.88-0.71-0.96-0.280.63-0.87-0.96-0.89-0.37-0.26-0.42-0.7
0.520.410.540.390.610.420.41-0.280.420.510.450.420.050.460.590.440.820.060.490.460.20.710.690.550.62
0.220.160.190.180.280.130.14-0.080.420.210.571.00.10.210.320.180.52-0.030.210.210.170.730.350.410.34
1.00.960.90.910.70.970.96-0.90.510.21-0.050.210.570.980.840.980.52-0.420.990.970.790.570.630.60.87
-0.03-0.01-0.030.08-0.06-0.09-0.020.10.450.57-0.050.57-0.07-0.090.16-0.030.50.16-0.10.05-0.080.680.140.340.08
0.230.160.190.180.280.130.15-0.080.421.00.210.570.110.210.310.180.52-0.040.220.210.180.730.350.410.34
0.560.680.280.720.010.620.68-0.740.050.10.57-0.070.110.640.350.650.16-0.980.550.650.920.08-0.060.220.38
0.980.930.870.890.710.940.93-0.880.460.210.98-0.090.210.640.80.950.49-0.510.990.930.830.50.630.540.85
0.850.780.90.720.720.780.77-0.710.590.320.840.160.310.350.80.810.65-0.20.840.80.580.720.740.830.97
0.981.00.850.960.541.01.0-0.960.440.180.98-0.030.180.650.950.810.46-0.510.951.00.860.530.480.570.81
0.540.430.520.410.610.410.42-0.280.820.520.520.50.520.160.490.650.46-0.060.510.470.30.760.70.640.67
-0.41-0.54-0.15-0.580.1-0.48-0.540.630.06-0.03-0.420.16-0.04-0.98-0.51-0.2-0.51-0.06-0.41-0.51-0.850.10.18-0.07-0.25
0.990.920.910.870.760.940.92-0.870.490.210.99-0.10.220.550.990.840.950.51-0.410.930.770.540.680.590.88
0.971.00.840.980.510.991.0-0.960.460.210.970.050.210.650.930.81.00.47-0.510.930.850.570.460.570.79
0.790.870.560.850.250.830.87-0.890.20.170.79-0.080.180.920.830.580.860.3-0.850.770.850.270.190.390.6
0.590.50.590.510.560.480.5-0.370.710.730.570.680.730.080.50.720.530.760.10.540.570.270.670.770.67
0.640.410.710.330.960.460.41-0.260.690.350.630.140.35-0.060.630.740.480.70.180.680.460.190.670.70.78
0.620.540.560.480.560.520.53-0.420.550.410.60.340.410.220.540.830.570.64-0.070.590.570.390.770.70.75
0.870.770.930.710.80.790.77-0.70.620.340.870.080.340.380.850.970.810.67-0.250.880.790.60.670.780.75
Click cells to compare fundamentals

Crown Castle Account Relationship Matchups

Crown Castle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.5B38.8B39.0B38.9B38.5B40.5B
Short Long Term Debt Total23.9B25.4B27.0B28.0B28.8B30.3B
Other Current Liab530M577M583M590M561M285.3M
Total Current Liabilities1.9B2.0B2.0B2.7B2.6B2.7B
Total Stockholder Equity10.5B9.5B8.3B7.4B6.4B5.2B
Property Plant And Equipment Net20.8B21.6B22.0B21.9B21.9B22.9B
Net Debt23.7B25.2B26.7B27.8B28.5B30.0B
Retained Earnings(7.4B)(8.5B)(9.8B)(10.7B)(11.9B)(11.3B)
Accounts Payable334M230M246M236M252M150.2M
Cash196M232M292M156M276M263.2M
Non Current Assets Total37.3B37.7B37.8B37.7B37.5B39.4B
Non Currrent Assets Other1.5B1.5B1.7B2.1B2.3B1.3B
Cash And Short Term Investments196M232M292M156M276M269.9M
Net Receivables596M431M543M720M2.8B3.0B
Common Stock Shares Outstanding415M418M425M434M499.1M310.4M
Liabilities And Stockholders Equity38.5B38.8B39.0B38.9B38.5B40.5B
Non Current Liabilities Total26.1B27.3B28.8B28.7B29.6B31.0B
Inventory244M239M274M268M308.2M200.3M
Other Current Assets168M202M145M73M(3.1B)(3.0B)
Other Stockholder Equity17.9B17.9B18.0B18.1B18.3B19.2B
Total Liab28.0B29.3B30.8B31.5B32.1B33.8B
Property Plant And Equipment Gross13.4B21.6B22.0B15.4B36.1B37.9B
Total Current Assets1.2B1.1B1.3B1.2B1.0B955.6M
Intangible Assets4.8B4.4B4.0B3.6B3.2B2.8B
Other Liab2.5B2.4B2.2B2.0B2.2B1.3B
Other Assets1.5B12.4B1.7B136M156.4M148.6M
Long Term Debt18.0B19.2B20.6B20.9B22.1B11.1B
Property Plant Equipment14.7B15.2B22.0B21.9B25.2B26.5B
Short Term Debt399M458M421M1.2B1.2B1.2B
Current Deferred Revenue661M704M776M736M605M382.9M
Retained Earnings Total Equity(7.4B)(8.5B)(9.8B)(10.7B)(9.6B)(9.1B)
Net Tangible Assets339M(685M)(5.9B)(2.7B)(2.4B)(2.5B)

Pair Trading with Crown Castle

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 Crown Castle 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 Crown Castle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Crown Stock

  0.73FR First Industrial Realty Earnings Call This WeekPairCorr
  0.8EGP EastGroup PropertiesPairCorr

Moving against Crown Stock

  0.52JOE St Joe CompanyPairCorr
  0.5AHT-PD Ashford Hospitality TrustPairCorr
The ability to find closely correlated positions to Crown Castle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Castle 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 Crown Castle - 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 Crown Castle to buy it.
The correlation of Crown Castle 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 Crown Castle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Castle 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 Crown Castle 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 Crown Castle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crown Castle'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 Crown Castle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crown Castle Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.
Note that the Crown Castle information on this page should be used as a complementary analysis to other Crown Castle'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Crown Stock analysis

When running Crown Castle's price analysis, check to measure Crown Castle'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 Crown Castle is operating at the current time. Most of Crown Castle's value examination focuses on studying past and present price action to predict the probability of Crown Castle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Castle's price. Additionally, you may evaluate how the addition of Crown Castle to your portfolios can decrease your overall portfolio volatility.
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Is Crown Castle'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 Crown Castle. If investors know Crown 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 Crown Castle 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
(0.27)
Dividend Share
6.26
Earnings Share
3.2
Revenue Per Share
15.772
Quarterly Revenue Growth
(0.07)
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle'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 Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle'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 Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Castle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle'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.