Crescent Accounts Payable vs Net Receivables Analysis

CRGY Stock  USD 11.90  0.01  0.08%   
Crescent Energy financial indicator trend analysis is way more than just evaluating Crescent Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Energy is a good investment. Please check the relationship between Crescent Energy Accounts Payable and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Crescent Energy's Accounts Payable and Net Receivables is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Crescent Energy Co, assuming nothing else is changed. The correlation between historical values of Crescent Energy's Accounts Payable 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 Accounts Payable of Crescent Energy Co 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 Accounts Payable i.e., Crescent Energy's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Crescent Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Crescent Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Receivables

Most indicators from Crescent Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent 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 Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Tax Provision is likely to rise to about 24.4 M in 2024. Selling General Administrative is likely to rise to about 203 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense50.7M95.9M145.8M79.3M
Depreciation And Amortization328.5M676.8M675.8M482.6M

Crescent Energy fundamental ratios Correlations

0.930.760.920.97-0.780.990.910.910.870.70.740.20.92-0.2-0.760.760.20.970.90.960.67-0.720.95-0.520.92
0.930.910.830.95-0.630.970.931.00.960.890.75-0.111.00.0-0.630.91-0.110.990.990.980.87-0.670.99-0.310.99
0.760.910.730.79-0.470.830.760.930.870.990.56-0.250.930.35-0.371.0-0.250.850.960.870.86-0.430.92-0.080.89
0.920.830.730.83-0.750.890.80.80.680.640.440.440.81-0.19-0.830.70.440.860.830.840.6-0.720.84-0.510.82
0.970.950.790.83-0.790.970.880.940.950.760.86-0.010.94-0.07-0.630.8-0.010.980.910.990.72-0.60.97-0.520.92
-0.78-0.63-0.47-0.75-0.79-0.69-0.48-0.6-0.61-0.4-0.65-0.29-0.610.010.55-0.47-0.29-0.69-0.59-0.74-0.360.28-0.680.9-0.55
0.990.970.830.890.97-0.690.950.950.920.780.750.080.96-0.14-0.70.830.080.990.940.980.73-0.720.97-0.380.96
0.910.930.760.80.88-0.480.950.920.860.720.680.030.92-0.32-0.760.750.030.950.890.890.78-0.870.9-0.210.96
0.911.00.930.80.94-0.60.950.920.960.910.76-0.171.00.05-0.590.93-0.170.980.990.980.89-0.640.99-0.270.99
0.870.960.870.680.95-0.610.920.860.960.870.89-0.30.960.12-0.430.89-0.30.950.940.970.81-0.50.96-0.290.93
0.70.890.990.640.76-0.40.780.720.910.870.57-0.370.90.42-0.271.0-0.370.820.940.840.85-0.350.89-0.010.87
0.740.750.560.440.86-0.650.750.680.760.890.57-0.330.750.0-0.30.59-0.330.790.690.830.56-0.330.77-0.460.72
0.2-0.11-0.250.44-0.01-0.290.080.03-0.17-0.3-0.37-0.33-0.15-0.58-0.55-0.31.0-0.01-0.13-0.06-0.37-0.35-0.09-0.42-0.1
0.921.00.930.810.94-0.610.960.921.00.960.90.75-0.150.04-0.60.93-0.150.980.990.980.88-0.640.99-0.290.99
-0.20.00.35-0.19-0.070.01-0.14-0.320.050.120.420.0-0.580.040.650.37-0.58-0.10.130.010.110.690.060.2-0.08
-0.76-0.63-0.37-0.83-0.630.55-0.7-0.76-0.59-0.43-0.27-0.3-0.55-0.60.65-0.35-0.55-0.68-0.55-0.6-0.510.91-0.590.52-0.66
0.760.911.00.70.8-0.470.830.750.930.891.00.59-0.30.930.37-0.35-0.30.850.960.870.86-0.410.92-0.080.89
0.2-0.11-0.250.44-0.01-0.290.080.03-0.17-0.3-0.37-0.331.0-0.15-0.58-0.55-0.3-0.01-0.13-0.06-0.37-0.35-0.09-0.42-0.1
0.970.990.850.860.98-0.690.990.950.980.950.820.79-0.010.98-0.1-0.680.85-0.010.960.990.79-0.70.99-0.390.98
0.90.990.960.830.91-0.590.940.890.990.940.940.69-0.130.990.13-0.550.96-0.130.960.960.86-0.590.99-0.230.97
0.960.980.870.840.99-0.740.980.890.980.970.840.83-0.060.980.01-0.60.87-0.060.990.960.78-0.60.99-0.430.96
0.670.870.860.60.72-0.360.730.780.890.810.850.56-0.370.880.11-0.510.86-0.370.790.860.78-0.570.83-0.110.88
-0.72-0.67-0.43-0.72-0.60.28-0.72-0.87-0.64-0.5-0.35-0.33-0.35-0.640.690.91-0.41-0.35-0.7-0.59-0.6-0.57-0.610.17-0.74
0.950.990.920.840.97-0.680.970.90.990.960.890.77-0.090.990.06-0.590.92-0.090.990.990.990.83-0.61-0.350.97
-0.52-0.31-0.08-0.51-0.520.9-0.38-0.21-0.27-0.29-0.01-0.46-0.42-0.290.20.52-0.08-0.42-0.39-0.23-0.43-0.110.17-0.35-0.23
0.920.990.890.820.92-0.550.960.960.990.930.870.72-0.10.99-0.08-0.660.89-0.10.980.970.960.88-0.740.97-0.23
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Crescent Energy Account Relationship Matchups

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