Crown Long Term Debt vs Net Receivables Analysis

CCK Stock  USD 83.06  0.99  1.21%   
Crown Holdings financial indicator trend analysis is way more than just evaluating Crown Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Holdings is a good investment. Please check the relationship between Crown Holdings Long Term Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Holdings. 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 information on how to buy Crown Stock please use our How to buy in Crown Stock guide.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Holdings Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Crown Holdings' Long Term Debt and Net Receivables is 0.68. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Crown Holdings, assuming nothing else is changed. The correlation between historical values of Crown Holdings' Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Crown Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Crown Holdings' Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Crown Holdings has held for over one year. Long-term debt appears on Crown Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Crown Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Crown Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Holdings 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 Holdings. 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 information on how to buy Crown Stock please use our How to buy in Crown Stock guide.Enterprise Value is expected to rise to about 16.1 B this year, although the value of Selling General Administrative will most likely fall to about 328.7 M.
 2022 2023 2024 (projected)
Interest Expense284M436M388.1M
Depreciation And Amortization439M499M308.3M

Crown Holdings fundamental ratios Correlations

0.980.140.970.630.780.980.860.490.950.650.490.920.080.970.930.54-0.30.980.570.950.10.510.860.56-0.08
0.980.10.940.540.730.990.820.480.950.610.480.870.120.990.90.49-0.290.990.490.920.090.50.890.56-0.03
0.140.10.120.630.620.080.290.540.080.10.540.25-0.340.010.18-0.310.30.040.790.20.690.15-0.120.51-0.96
0.970.940.120.540.770.930.780.490.910.570.490.930.20.940.960.63-0.280.970.580.970.170.450.850.65-0.03
0.630.540.630.540.860.530.840.630.580.580.630.66-0.40.470.480.09-0.340.50.860.570.440.410.330.46-0.58
0.780.730.620.770.860.720.870.760.740.570.760.750.010.690.730.27-0.270.720.920.750.580.490.550.77-0.47
0.980.990.080.930.530.720.820.40.950.640.40.860.120.990.90.5-0.280.980.480.890.030.550.90.51-0.01
0.860.820.290.780.840.870.820.610.880.670.610.73-0.10.80.690.34-0.480.80.670.730.220.430.670.49-0.2
0.490.480.540.490.630.760.40.610.430.271.00.410.120.430.370.09-0.330.450.660.530.780.210.30.78-0.36
0.950.950.080.910.580.740.950.880.430.580.430.810.090.940.860.46-0.330.940.50.850.040.460.80.51-0.01
0.650.610.10.570.580.570.640.670.270.580.270.640.150.640.570.35-0.180.630.40.55-0.040.720.50.23-0.01
0.490.480.540.490.630.760.40.611.00.430.270.410.120.430.370.09-0.330.450.660.530.780.210.30.78-0.36
0.920.870.250.930.660.750.860.730.410.810.640.410.010.850.920.56-0.170.880.670.950.150.570.750.53-0.21
0.080.12-0.340.2-0.40.010.12-0.10.120.090.150.120.010.220.230.390.050.22-0.170.130.130.330.240.340.56
0.970.990.010.940.470.690.990.80.430.940.640.430.850.220.910.56-0.270.990.420.90.020.530.910.520.07
0.930.90.180.960.480.730.90.690.370.860.570.370.920.230.910.67-0.050.940.580.950.090.480.830.58-0.09
0.540.49-0.310.630.090.270.50.340.090.460.350.090.560.390.560.67-0.180.590.170.62-0.250.130.640.130.4
-0.3-0.290.3-0.28-0.34-0.27-0.28-0.48-0.33-0.33-0.18-0.33-0.170.05-0.27-0.05-0.18-0.28-0.12-0.18-0.13-0.02-0.33-0.17-0.35
0.980.990.040.970.50.720.980.80.450.940.630.450.880.220.990.940.59-0.280.480.940.060.510.90.560.04
0.570.490.790.580.860.920.480.670.660.50.40.660.67-0.170.420.580.17-0.120.480.610.650.40.30.69-0.68
0.950.920.20.970.570.750.890.730.530.850.550.530.950.130.90.950.62-0.180.940.610.190.430.80.63-0.13
0.10.090.690.170.440.580.030.220.780.04-0.040.780.150.130.020.09-0.25-0.130.060.650.190.2-0.030.8-0.53
0.510.50.150.450.410.490.550.430.210.460.720.210.570.330.530.480.13-0.020.510.40.430.20.40.36-0.04
0.860.89-0.120.850.330.550.90.670.30.80.50.30.750.240.910.830.64-0.330.90.30.8-0.030.40.40.21
0.560.560.510.650.460.770.510.490.780.510.230.780.530.340.520.580.13-0.170.560.690.630.80.360.4-0.34
-0.08-0.03-0.96-0.03-0.58-0.47-0.01-0.2-0.36-0.01-0.01-0.36-0.210.560.07-0.090.4-0.350.04-0.68-0.13-0.53-0.040.21-0.34
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Crown Holdings Account Relationship Matchups

Crown Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.5B16.7B13.9B14.3B15.0B8.9B
Short Long Term Debt Total8.0B8.2B6.3B7.0B7.7B4.2B
Other Current Liab44M29M14M974M969M1.0B
Total Current Liabilities3.9B4.3B4.2B3.9B4.2B2.6B
Total Stockholder Equity1.7B2.2B1.9B1.8B2.4B2.5B
Property Plant And Equipment Net3.9B4.2B4.0B4.5B5.3B5.5B
Net Debt7.3B7.0B5.7B6.4B6.3B3.8B
Retained Earnings4.0B4.5B3.2B3.1B3.5B3.6B
Non Current Assets Total11.5B11.8B9.4B9.6B10.2B6.3B
Non Currrent Assets Other850M849M484M522M287M551.2M
Net Receivables1.5B1.8B1.9B1.8B1.7B1.0B
Common Stock Shares Outstanding134.9M134.6M130.4M121.4M119.7M140.1M
Liabilities And Stockholders Equity15.5B16.7B13.9B14.3B15.0B8.9B
Non Current Liabilities Total9.5B9.8B7.4B8.1B8.0B5.0B
Inventory1.6B1.7B1.7B2.0B1.6B1.1B
Other Current Assets241M254M362M252M93M142.8M
Other Stockholder Equity(44M)(76M)(299M)1.0B17M16.2M
Total Liab13.4B14.1B11.6B12.0B12.2B7.6B
Property Plant And Equipment Gross4.1B4.4B7.6B8.3B9.1B9.6B
Total Current Assets4.0B4.9B4.5B4.7B4.8B2.7B
Accumulated Other Comprehensive Income(3.1B)(3.2B)(1.9B)(1.9B)(1.7B)(1.8B)
Short Term Debt137M188M210M185M821M862.1M
Intangible Assets2.0B1.9B1.5B1.4B1.3B1.9B
Accounts Payable3.8B2.8B2.9B2.8B2.5B1.9B
Other Liab1.5B1.8B1.3B1.1B1.3B1.5B
Other Assets947M1.1B795M793M713.7M362.6M
Long Term Debt7.8B8.0B6.1B6.8B6.7B5.2B
Good Will6.4B6.5B3.0B3.0B3.1B3.6B
Treasury Stock(253M)(251M)(255M)(299M)(269.1M)(282.6M)
Property Plant Equipment3.9B4.2B4.0B4.5B5.2B2.8B
Current Deferred Revenue(44M)1.2B1.0B(48M)(55.2M)(52.4M)
Net Tangible Assets(4.6B)482M(2.6B)(2.5B)(2.2B)(2.3B)
Noncontrolling Interest In Consolidated Entity349M379M406M418M480.7M354.2M
Retained Earnings Total Equity3.4B4.0B4.5B3.2B3.7B2.6B
Long Term Debt Total7.8B8.0B6.1B6.8B7.8B5.9B

Pair Trading with Crown Holdings

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

Moving against Crown Stock

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The ability to find closely correlated positions to Crown Holdings 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 Holdings 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 Holdings - 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 Holdings to buy it.
The correlation of Crown Holdings 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 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Holdings 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 Holdings 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 Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Crown Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Crown Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Crown Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Holdings. 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 information on how to buy Crown Stock please use our How to buy in Crown Stock guide.
Note that the Crown Holdings information on this page should be used as a complementary analysis to other Crown Holdings' 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Crown Holdings' price analysis, check to measure Crown Holdings' 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 Holdings is operating at the current time. Most of Crown Holdings' value examination focuses on studying past and present price action to predict the probability of Crown Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Holdings' price. Additionally, you may evaluate how the addition of Crown Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Crown Holdings' 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 Holdings. 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 Holdings 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
(0.64)
Dividend Share
0.96
Earnings Share
3.76
Revenue Per Share
100.578
Quarterly Revenue Growth
(0.05)
The market value of Crown Holdings 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 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Crown Holdings' 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 Holdings' market value can be influenced by many factors that don't directly affect Crown Holdings' 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 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Holdings' 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.