Crescent Short Term Debt vs Net Debt Analysis

CPG Stock

USD 8.71 0.21 2.47%

Crescent Point financial indicator trend analysis is way more than just evaluating Crescent Point Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Point Energy is a good investment. Please check the relationship between Crescent Point Short Term Debt and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Point Energy Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Crescent Point's Short Term Debt and Net Debt is -0.16. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Crescent Point Energy, assuming nothing else is changed. The correlation between historical values of Crescent Point's Short Term Debt and Net Debt 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 Term Debt of Crescent Point Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Crescent Point's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Crescent Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent Point Energy 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 Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

At this time, Crescent Point's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Crescent Point's current Enterprise Value Multiple is estimated to increase to 4.21, while Issuance Of Capital Stock is projected to decrease to roughly 263.8 M.

Crescent Point fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross
Total Assets		-0.25	0.45	0.97	0.47	0.48	0.99	0.79	-0.07	0.9	-0.03	1.0	0.13	0.77	-0.03	0.84	0.83	0.51	0.57	0.9	0.11	0.28	-0.14	0.93	0.53	0.33
Other Current Liab	-0.25		0.12	-0.33	0.19	0.09	-0.32	-0.04	-0.62	-0.18	0.24	-0.26	0.49	-0.07	0.23	-0.01	0.16	0.27	0.41	-0.15	-0.09	-0.06	-0.05	-0.11	-0.06	-0.1
Total Current Liabilities	0.45	0.12		0.46	0.19	0.63	0.44	0.29	-0.46	0.51	0.33	0.43	0.0	0.2	0.32	0.71	0.59	0.71	0.57	0.28	-0.68	0.69	-0.16	0.4	0.03	0.9
Total Stockholder Equity	0.97	-0.33	0.46		0.36	0.41	0.98	0.6	0.1	0.94	0.03	0.97	-0.08	0.59	0.04	0.82	0.79	0.39	0.45	0.76	0.1	0.21	-0.07	0.8	0.51	0.34
Other Liab	0.47	0.19	0.19	0.36		0.7	0.44	0.61	-0.47	0.27	0.08	0.48	0.41	0.61	0.07	0.43	0.49	0.52	0.64	0.57	0.11	-0.15	-0.21	0.57	0.67	0.14
Net Tangible Assets	0.48	0.09	0.63	0.41	0.7		0.47	0.47	-0.41	0.4	0.22	0.47	0.1	0.41	0.2	0.57	0.43	0.67	0.55	0.46	-0.3	0.3	-0.41	0.51	0.64	0.53
Property Plant And Equipment Net	0.99	-0.32	0.44	0.98	0.44	0.47		0.74	0.03	0.91	-0.06	0.99	0.03	0.72	-0.06	0.83	0.8	0.44	0.5	0.86	0.12	0.25	-0.11	0.89	0.56	0.33
Net Debt	0.79	-0.04	0.29	0.6	0.61	0.47	0.74		-0.43	0.52	-0.13	0.78	0.58	0.98	-0.15	0.62	0.68	0.65	0.69	0.96	0.1	0.34	-0.29	0.95	0.41	0.22
Retained Earnings	-0.07	-0.62	-0.46	0.1	-0.47	-0.41	0.03	-0.43		0.09	-0.3	-0.05	-0.79	-0.37	-0.28	-0.25	-0.37	-0.79	-0.8	-0.25	0.34	-0.31	0.37	-0.3	0.1	-0.42
Accounts Payable	0.9	-0.18	0.51	0.94	0.27	0.4	0.91	0.52	0.09		-0.09	0.9	-0.12	0.48	-0.09	0.88	0.85	0.34	0.43	0.68	0.11	0.21	0.04	0.73	0.47	0.31
Cash	-0.03	0.24	0.33	0.03	0.08	0.22	-0.06	-0.13	-0.3	-0.09		-0.06	-0.01	-0.16	1.0	0.12	0.0	0.24	0.34	-0.18	-0.58	0.18	-0.15	-0.11	-0.06	0.35
Non Current Assets Total	1.0	-0.26	0.43	0.97	0.48	0.47	0.99	0.78	-0.05	0.9	-0.06		0.13	0.77	-0.06	0.82	0.83	0.49	0.55	0.9	0.15	0.24	-0.13	0.92	0.55	0.31
Other Assets	0.13	0.49	0.0	-0.08	0.41	0.1	0.03	0.58	-0.79	-0.12	-0.01	0.13		0.55	-0.03	0.03	0.3	0.56	0.63	0.44	0.15	0.08	-0.32	0.42	-0.04	-0.07
Long Term Debt	0.77	-0.07	0.2	0.59	0.61	0.41	0.72	0.98	-0.37	0.48	-0.16	0.77	0.55		-0.17	0.55	0.64	0.58	0.63	0.95	0.16	0.25	-0.25	0.93	0.44	0.16
Cash And Short Term Investments	-0.03	0.23	0.32	0.04	0.07	0.2	-0.06	-0.15	-0.28	-0.09	1.0	-0.06	-0.03	-0.17		0.12	0.01	0.24	0.33	-0.19	-0.59	0.17	-0.15	-0.12	-0.07	0.35
Net Receivables	0.84	-0.01	0.71	0.82	0.43	0.57	0.83	0.62	-0.25	0.88	0.12	0.82	0.03	0.55	0.12		0.9	0.55	0.7	0.67	-0.18	0.38	-0.02	0.77	0.37	0.56
Good Will	0.83	0.16	0.59	0.79	0.49	0.43	0.8	0.68	-0.37	0.85	0.0	0.83	0.3	0.64	0.01	0.9		0.61	0.77	0.73	0.0	0.22	-0.04	0.8	0.34	0.37
Common Stock Total Equity	0.51	0.27	0.71	0.39	0.52	0.67	0.44	0.65	-0.79	0.34	0.24	0.49	0.56	0.58	0.24	0.55	0.61		0.81	0.57	-0.39	0.55	-0.64	0.62	0.17	0.65
Common Stock Shares Outstanding	0.57	0.41	0.57	0.45	0.64	0.55	0.5	0.69	-0.8	0.43	0.34	0.55	0.63	0.63	0.33	0.7	0.77	0.81		0.61	-0.17	0.25	-0.29	0.68	0.23	0.48
Non Current Liabilities Total	0.9	-0.15	0.28	0.76	0.57	0.46	0.86	0.96	-0.25	0.68	-0.18	0.9	0.44	0.95	-0.19	0.67	0.73	0.57	0.61		0.21	0.3	-0.22	0.99	0.51	0.18
Inventory	0.11	-0.09	-0.68	0.1	0.11	-0.3	0.12	0.1	0.34	0.11	-0.58	0.15	0.15	0.16	-0.59	-0.18	0.0	-0.39	-0.17	0.21		-0.68	0.14	0.12	0.37	-0.72
Other Current Assets	0.28	-0.06	0.69	0.21	-0.15	0.3	0.25	0.34	-0.31	0.21	0.18	0.24	0.08	0.25	0.17	0.38	0.22	0.55	0.25	0.3	-0.68		-0.25	0.35	-0.29	0.64
Other Stockholder Equity	-0.14	-0.05	-0.16	-0.07	-0.21	-0.41	-0.11	-0.29	0.37	0.04	-0.15	-0.13	-0.32	-0.25	-0.15	-0.02	-0.04	-0.64	-0.29	-0.22	0.14	-0.25		-0.23	-0.18	-0.22
Total Liab	0.93	-0.11	0.4	0.8	0.57	0.51	0.89	0.95	-0.3	0.73	-0.11	0.92	0.42	0.93	-0.12	0.77	0.8	0.62	0.68	0.99	0.12	0.35	-0.23		0.5	0.28
Long Term Investments	0.53	-0.06	0.03	0.51	0.67	0.64	0.56	0.41	0.1	0.47	-0.06	0.55	-0.04	0.44	-0.07	0.37	0.34	0.17	0.23	0.51	0.37	-0.29	-0.18	0.5		-0.12
Property Plant And Equipment Gross	0.33	-0.1	0.9	0.34	0.14	0.53	0.33	0.22	-0.42	0.31	0.35	0.31	-0.07	0.16	0.35	0.56	0.37	0.65	0.48	0.18	-0.72	0.64	-0.22	0.28	-0.12

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Crescent Point Account Relationship Matchups

Crescent Point fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.1B	6.6B	9.2B	9.5B	12.8B	8.7B
Other Current Liab	543M	421.2M	159.6M	227.2M	183.8M	118.9M
Total Current Liabilities	775.3M	669.2M	1.0B	1.2B	1.4B	1.4B
Total Stockholder Equity	5.3B	2.8B	5.4B	6.5B	6.9B	5.3B
Other Liab	1.1B	985.8M	925.7M	752M	864.8M	612.1M
Net Tangible Assets	5.1B	2.6B	5.2B	6.3B	7.2B	7.6B
Property Plant And Equipment Net	8.2B	4.6B	7.8B	7.9B	11.4B	7.7B
Net Debt	3.0B	2.4B	2.1B	1.3B	3.7B	1.9B
Retained Earnings	(11.6B)	(14.2B)	(11.8B)	(10.6B)	(10.2B)	(9.7B)
Accounts Payable	479.4M	311.6M	450.7M	448.2M	634.9M	410.9M
Cash	56.9M	8.8M	13.5M	289.9M	17.3M	25.1M
Non Current Assets Total	9.5B	6.4B	8.8B	8.5B	11.7B	8.3B
Other Assets	1.0B	1.6B	721.3M	381.6M	438.8M	373.3M
Long Term Debt	2.7B	2.0B	1.7B	902.8M	3.2B	1.7B
Cash And Short Term Investments	56.9M	8.8M	13.5M	289.9M	17.3M	28.0M
Net Receivables	295.9M	200.5M	314.3M	327.8M	457.1M	239.5M
Good Will	230.9M	223.3M	211.5M	203.9M	275.9M	179.4M
Common Stock Total Equity	16.5B	16.5B	16.4B	16.5B	18.9B	19.9B
Common Stock Shares Outstanding	545.7M	529.3M	575.1M	571.1M	548.3M	338.7M
Liabilities And Stockholders Equity	10.1B	6.6B	9.2B	9.5B	12.8B	8.7B
Non Current Liabilities Total	4.0B	3.2B	2.7B	1.8B	4.5B	2.8B
Other Current Assets	278.7M	69.4M	83.1M	371.5M	654.8M	687.5M
Other Stockholder Equity	35.1M	19.7M	17.5M	17.1M	17.4M	16.5M
Total Liab	4.7B	3.8B	3.8B	3.0B	5.9B	3.5B
Long Term Investments	27.4M	22.4M	2.5M	200K	230K	218.5K
Property Plant And Equipment Gross	8.2B	4.6B	25.3B	24.1B	26.5B	27.8B
Short Long Term Debt	201M	221.6M	278.1M	538.7M	380M	399M
Total Current Assets	631.5M	278.7M	410.9M	989.2M	1.1B	1.1B
Accumulated Other Comprehensive Income	495.5M	517.7M	529.6M	620.3M	(100K)	(95K)
Short Term Debt	232.3M	248M	303.6M	563.6M	420.5M	241.5M
Common Stock	16.4B	16.5B	16.7B	16.4B	17.1B	10.0B
Property Plant Equipment	8.2B	4.6B	7.8B	7.9B	9.1B	7.2B
Short Long Term Debt Total	3.1B	2.4B	2.1B	1.6B	3.7B	2.0B
Non Currrent Assets Other	251.1M	211.4M	151.2M	6.4M	21.5M	20.4M
Long Term Debt Total	4.2B	2.9B	2.2B	1.8B	1.6B	2.6B
Capital Surpluse	41.4M	35.1M	19.7M	17.5M	15.8M	15.0M

Pair Trading with Crescent Point

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

Moving together with Crescent Stock

0.95	AR	Antero Resources Corp Sell-off Trend	Pair Corr
0.95	PR	Permian Resources Earnings Call This Week	Pair Corr
0.92	SD	SandRidge Energy Earnings Call Today	Pair Corr
0.96	SM	SM Energy	Pair Corr

Moving against Crescent Stock

0.73

Empire Petroleum Corp

Pair Corr

The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point 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 Crescent Point - 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 Crescent Point Energy to buy it.

The correlation of Crescent Point 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 Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy 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 Crescent Point 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 Correlation Correlation Matching

When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:

How To Invest In Crescent

Details

Is Crescent Stock a good investment?

Details

What is Crescent Point's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Crescent Stock analysis

When running Crescent Point's price analysis, check to measure Crescent Point'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 Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.

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Is Crescent Point'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 Crescent Point. If investors know Crescent 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 Crescent Point 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

(0.33)

Dividend Share

0.4

Earnings Share

1.07

Revenue Per Share

5.846

Quarterly Revenue Growth

0.078

The market value of Crescent Point Energy is measured differently than its book value, which is the value of Crescent that is recorded on the company's balance sheet. Investors also form their own opinion of Crescent Point's value that differs from its market value or its book value, called intrinsic value, which is Crescent Point'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 Crescent Point's market value can be influenced by many factors that don't directly affect Crescent Point'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 Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point'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.

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Crescent Short Term Debt vs Net Debt Analysis

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Debt

Crescent Point fundamental ratios Correlations

Crescent Point Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Crescent Point fundamental ratios Accounts

Pair Trading with Crescent Point

Moving together with Crescent Stock

Moving against Crescent Stock

Complementary Tools for Crescent Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.8	Retained Earnings
Common Stock Total Equity	- 0.79	Retained Earnings
Other Assets	- 0.79	Retained Earnings
Property Plant And Equipment Gross	- 0.72	Inventory
Other Current Assets	- 0.68	Inventory
Inventory	- 0.68	Total Current Liabilities