Crown Accounts Payable vs Long Term Debt Analysis
CRWS Stock | USD 5.09 0.01 0.20% |
Crown Crafts financial indicator trend analysis is way more than just evaluating Crown Crafts prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Crafts is a good investment. Please check the relationship between Crown Crafts Accounts Payable and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Crafts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Crown Stock please use our How to Invest in Crown Crafts guide.
Accounts Payable vs Long Term Debt
Accounts Payable vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Crafts Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Crown Crafts' Accounts Payable and Long Term Debt is 0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Crown Crafts, assuming nothing else is changed. The correlation between historical values of Crown Crafts' Accounts Payable and Long Term 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 Accounts Payable of Crown Crafts are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Crown Crafts' Accounts Payable and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Crown Crafts 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 Crown Crafts 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.Long Term Debt
Long-term debt is a debt that Crown Crafts has held for over one year. Long-term debt appears on Crown Crafts balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Crown Crafts balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Crown Crafts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Crafts 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 Crown Crafts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Crown Stock please use our How to Invest in Crown Crafts guide.At this time, Crown Crafts' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 83.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.3M | 19.8M | 17.8M | 21.0M | Total Revenue | 87.4M | 75.1M | 67.5M | 98.7M |
Crown Crafts fundamental ratios Correlations
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Crown Crafts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Crafts fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 57.2M | 58.1M | 60.2M | 91.0M | 81.9M | 65.4M | |
Short Long Term Debt Total | 4.5M | 5.0M | 2.6M | 12.7M | 11.4M | 10.8M | |
Other Current Liab | 3.2M | 3.6M | 3.5M | 2.4M | 2.2M | 2.1M | |
Total Current Liabilities | 6.5M | 12.9M | 11.8M | 13.1M | 11.8M | 15.3M | |
Total Stockholder Equity | 42.4M | 41.9M | 45.8M | 49.2M | 44.3M | 32.4M | |
Property Plant And Equipment Net | 6.9M | 5.5M | 3.8M | 19.0M | 17.1M | 14.2M | |
Net Debt | 4.7M | 2.0M | 1.0M | 10.9M | 9.8M | 19.3M | |
Retained Earnings | 1.1M | 2.2M | 5.4M | 7.8M | 7.0M | 6.4M | |
Cash | 282K | 613K | 1.6M | 1.7M | 2.0M | 2.3M | |
Non Current Assets Total | 20.1M | 16.6M | 13.6M | 30.6M | 27.5M | 24.1M | |
Non Currrent Assets Other | 95K | 92K | 88K | 188K | 169.2K | 160.7K | |
Cash And Short Term Investments | 282K | 613K | 1.6M | 1.7M | 2.0M | 2.3M | |
Net Receivables | 17.8M | 19.3M | 23.2M | 22.8M | 26.2M | 22.5M | |
Liabilities And Stockholders Equity | 57.2M | 58.1M | 60.2M | 91.0M | 81.9M | 65.4M | |
Non Current Liabilities Total | 8.3M | 3.3M | 2.6M | 28.7M | 25.8M | 19.7M | |
Inventory | 17.7M | 20.3M | 20.7M | 34.2M | 30.8M | 20.8M | |
Other Current Assets | 19.3M | 21.1M | 25.9M | 1.6M | 1.9M | 1.8M | |
Other Stockholder Equity | 41.2M | 39.5M | 40.3M | 41.3M | 47.5M | 33.2M | |
Total Liab | 14.7M | 16.2M | 14.4M | 41.8M | 37.6M | 33.0M | |
Property Plant And Equipment Gross | 6.9M | 5.5M | 7.0M | 5.4M | 4.9M | 4.6M | |
Total Current Assets | 37.0M | 41.5M | 46.5M | 60.4M | 54.3M | 41.3M | |
Short Term Debt | 191K | 3.8M | 1.8M | 2.4M | 2.2M | 2.1M | |
Accounts Payable | 3.0M | 5.5M | 6.4M | 10.6M | 9.6M | 6.1M | |
Current Deferred Revenue | 155K | 85K | 35K | (2.4M) | (2.8M) | (2.9M) | |
Other Assets | 534K | 798K | 88K | 188K | 216.2K | 205.4K | |
Common Stock | 126K | 128K | 129K | 131K | 117.9K | 112.0K | |
Other Liab | 1.2M | 721K | 630K | 1.8M | 2.0M | 2.1M | |
Long Term Debt | 9.5M | 4.5M | 2.6M | 12.7M | 11.4M | 14.1M | |
Treasury Stock | (12.2M) | (12.3M) | (12.4M) | (15.2M) | (13.7M) | (14.4M) | |
Intangible Assets | 5.6M | 3.2M | 2.7M | 3.5M | 3.1M | 3.0M | |
Property Plant Equipment | 2M | 1.5M | 3.8M | 1.7M | 1.5M | 1.5M | |
Net Tangible Assets | 29.7M | 41.9M | 36.0M | 49.2M | 56.6M | 36.9M | |
Retained Earnings Total Equity | 338K | 1.1M | 2.2M | 7.8M | 8.9M | 9.4M | |
Capital Surpluse | 53.3M | 53.6M | 54.7M | 57.1M | 65.7M | 56.0M |
Pair Trading with Crown Crafts
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 Crown Crafts 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 Crown Crafts will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Crown Crafts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Crafts 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 Crown Crafts - 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 Crown Crafts to buy it.
The correlation of Crown Crafts 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 Crown Crafts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Crafts 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 Crown Crafts 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Crafts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Crown Stock please use our How to Invest in Crown Crafts guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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When running Crown Crafts' price analysis, check to measure Crown Crafts' 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 Crown Crafts is operating at the current time. Most of Crown Crafts' value examination focuses on studying past and present price action to predict the probability of Crown Crafts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Crafts' price. Additionally, you may evaluate how the addition of Crown Crafts to your portfolios can decrease your overall portfolio volatility.
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Is Crown Crafts' 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 Crown Crafts. If investors know Crown 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 Crown Crafts 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 0.278 | Dividend Share 0.32 | Earnings Share 0.46 | Revenue Per Share 8.515 | Quarterly Revenue Growth 0.252 |
The market value of Crown Crafts is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Crafts' value that differs from its market value or its book value, called intrinsic value, which is Crown Crafts' 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 Crown Crafts' market value can be influenced by many factors that don't directly affect Crown Crafts' 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 Crown Crafts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Crafts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Crafts' 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.