Crane Nxt Co Stock Current Ratio

CXT Stock   58.24  1.38  2.43%   
Crane NXT Co fundamentals help investors to digest information that contributes to Crane NXT's financial success or failures. It also enables traders to predict the movement of Crane Stock. The fundamental analysis module provides a way to measure Crane NXT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Crane NXT stock.
Last ReportedProjected for Next Year
Current Ratio 1.93  2.01 
Current Ratio is likely to gain to 2.01 in 2024.
  
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Crane NXT Co Company Current Ratio Analysis

Crane NXT's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Crane NXT Current Ratio

    
  2.01  
Most of Crane NXT's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Crane NXT Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Crane Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Crane NXT is extremely important. It helps to project a fair market value of Crane Stock properly, considering its historical fundamentals such as Current Ratio. Since Crane NXT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Crane NXT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Crane NXT's interrelated accounts and indicators.
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Crane Current Ratio Historical Pattern

Today, most investors in Crane NXT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Crane NXT's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Crane NXT current ratio as a starting point in their analysis.
   Crane NXT Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Crane Price To Sales Ratio

Price To Sales Ratio

2.44

At this time, Crane NXT's Price To Sales Ratio is comparatively stable compared to the past year.

Crane Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Crane NXT's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Crane NXT could also be used in its relative valuation, which is a method of valuing Crane NXT by comparing valuation metrics of similar companies.
Crane NXT is currently under evaluation in current ratio category among its peers.

Crane NXT ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Crane NXT's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Crane NXT's managers, analysts, and investors.
Environmental
Governance
Social

Crane Fundamentals

About Crane NXT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Crane NXT Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crane NXT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crane NXT Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Crane Stock Analysis

When running Crane NXT's price analysis, check to measure Crane NXT'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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.