Crescent Total Current Assets vs Net Invested Capital 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 Total Current Assets and its Net Invested Capital 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.

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Crescent Energy's Total Current Assets and Net Invested Capital is -0.39. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital 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 Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Crescent Energy Co are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Crescent Energy's Total Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
Click cells to compare fundamentals

Crescent Energy Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Crescent Stock Analysis

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.