Crescent Intangible Assets vs Total Assets 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 Intangible Assets and its Total Assets 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.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Crescent Energy's Intangible Assets and Total Assets is -0.64. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets 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 Intangible Assets and Total 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 Intangible Assets of Crescent Energy Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Crescent Energy's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Crescent Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Crescent Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
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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
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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
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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
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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
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-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
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Crescent Energy Account Relationship Matchups

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When running Crescent Energy's price analysis, check to measure Crescent Energy'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 Energy is operating at the current time. Most of Crescent Energy's value examination focuses on studying past and present price action to predict the probability of Crescent Energy'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 Energy's price. Additionally, you may evaluate how the addition of Crescent Energy to your portfolios can decrease your overall portfolio volatility.