Crescent Property Plant Equipment vs Deferred Long Term Liab 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 Property Plant Equipment and its Deferred Long Term Liab 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.

Property Plant Equipment vs Deferred Long Term Liab

Property Plant Equipment vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Property Plant Equipment account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Crescent Energy's Property Plant Equipment and Deferred Long Term Liab is -0.58. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Deferred Long Term Liab 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 Property Plant Equipment and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Crescent Energy Co are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Property Plant Equipment i.e., Crescent Energy's Property Plant Equipment and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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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0.920.830.730.83-0.750.890.80.80.680.640.440.440.81-0.19-0.830.70.440.860.830.840.6-0.720.84-0.510.82
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
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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
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
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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
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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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