Crown Other Current Liab vs Retained Earnings Analysis
CCK Stock | USD 84.69 0.58 0.69% |
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 Other Current Liab and its Retained Earnings 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.
Other Current Liab vs Retained Earnings
Other Current Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Holdings Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Crown Holdings' Other Current Liab and Retained Earnings is 0.29. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings 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' Other Current Liab and Retained Earnings 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 Current Liab of Crown Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Crown Holdings' Other Current Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 Expense | 284M | 436M | 388.1M | Depreciation And Amortization | 439M | 499M | 308.3M |
Crown Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Crown Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.5B | 16.7B | 13.9B | 14.3B | 15.0B | 8.9B | |
Short Long Term Debt Total | 8.0B | 8.2B | 6.3B | 7.0B | 7.7B | 4.2B | |
Other Current Liab | 44M | 29M | 14M | 974M | 969M | 1.0B | |
Total Current Liabilities | 3.9B | 4.3B | 4.2B | 3.9B | 4.2B | 2.6B | |
Total Stockholder Equity | 1.7B | 2.2B | 1.9B | 1.8B | 2.4B | 2.5B | |
Property Plant And Equipment Net | 3.9B | 4.2B | 4.0B | 4.5B | 5.3B | 5.5B | |
Net Debt | 7.3B | 7.0B | 5.7B | 6.4B | 6.3B | 3.8B | |
Retained Earnings | 4.0B | 4.5B | 3.2B | 3.1B | 3.5B | 3.6B | |
Non Current Assets Total | 11.5B | 11.8B | 9.4B | 9.6B | 10.2B | 6.3B | |
Non Currrent Assets Other | 850M | 849M | 484M | 522M | 287M | 551.2M | |
Net Receivables | 1.5B | 1.8B | 1.9B | 1.8B | 1.7B | 1.0B | |
Common Stock Shares Outstanding | 134.9M | 134.6M | 130.4M | 121.4M | 119.7M | 140.1M | |
Liabilities And Stockholders Equity | 15.5B | 16.7B | 13.9B | 14.3B | 15.0B | 8.9B | |
Non Current Liabilities Total | 9.5B | 9.8B | 7.4B | 8.1B | 8.0B | 5.0B | |
Inventory | 1.6B | 1.7B | 1.7B | 2.0B | 1.6B | 1.1B | |
Other Current Assets | 241M | 254M | 362M | 252M | 93M | 142.8M | |
Other Stockholder Equity | (44M) | (76M) | (299M) | 1.0B | 17M | 16.2M | |
Total Liab | 13.4B | 14.1B | 11.6B | 12.0B | 12.2B | 7.6B | |
Property Plant And Equipment Gross | 4.1B | 4.4B | 7.6B | 8.3B | 9.1B | 9.6B | |
Total Current Assets | 4.0B | 4.9B | 4.5B | 4.7B | 4.8B | 2.7B | |
Accumulated Other Comprehensive Income | (3.1B) | (3.2B) | (1.9B) | (1.9B) | (1.7B) | (1.8B) | |
Short Term Debt | 137M | 188M | 210M | 185M | 821M | 862.1M | |
Intangible Assets | 2.0B | 1.9B | 1.5B | 1.4B | 1.3B | 1.9B | |
Accounts Payable | 3.8B | 2.8B | 2.9B | 2.8B | 2.5B | 1.9B | |
Other Liab | 1.5B | 1.8B | 1.3B | 1.1B | 1.3B | 1.5B | |
Other Assets | 947M | 1.1B | 795M | 793M | 713.7M | 362.6M | |
Long Term Debt | 7.8B | 8.0B | 6.1B | 6.8B | 6.7B | 5.2B | |
Good Will | 6.4B | 6.5B | 3.0B | 3.0B | 3.1B | 3.6B | |
Treasury Stock | (253M) | (251M) | (255M) | (299M) | (269.1M) | (282.6M) | |
Property Plant Equipment | 3.9B | 4.2B | 4.0B | 4.5B | 5.2B | 2.8B | |
Current Deferred Revenue | (44M) | 1.2B | 1.0B | (48M) | (55.2M) | (52.4M) | |
Net Tangible Assets | (4.6B) | 482M | (2.6B) | (2.5B) | (2.2B) | (2.3B) | |
Noncontrolling Interest In Consolidated Entity | 349M | 379M | 406M | 418M | 480.7M | 354.2M | |
Retained Earnings Total Equity | 3.4B | 4.0B | 4.5B | 3.2B | 3.7B | 2.6B | |
Long Term Debt Total | 7.8B | 8.0B | 6.1B | 6.8B | 7.8B | 5.9B |
Crown Holdings Investors Sentiment
The influence of Crown Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crown Holdings' public news can be used to forecast risks associated with an investment in Crown. The trend in average sentiment can be used to explain how an investor holding Crown can time the market purely based on public headlines and social activities around Crown Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crown Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crown Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crown Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crown Holdings.
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 Crown Holdings 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, Crown Holdings' short interest history, or implied volatility extrapolated from Crown Holdings options trading.
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 together with Crown Stock
0.79 | AVY | Avery Dennison Corp | PairCorr |
Moving against Crown Stock
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0.45 | MI | Marshall Ilsley Corp Downward Rally | PairCorr |
0.42 | DRVN | Driven Brands Holdings | PairCorr |
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.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 CEOs Directory module to screen CEOs from public companies around the world.
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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 (0.34) | Dividend Share 0.97 | Earnings Share 3.47 | Revenue Per Share 98.904 | Quarterly Revenue Growth (0.06) |
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.