Crossamerica Good Will vs Accounts Payable Analysis
CAPL Stock | USD 20.22 0.28 1.40% |
Crossamerica Partners financial indicator trend analysis is way more than just evaluating Crossamerica Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crossamerica Partners is a good investment. Please check the relationship between Crossamerica Partners Good Will and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crossamerica Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Good Will vs Accounts Payable
Good Will vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crossamerica Partners Good Will account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Crossamerica Partners' Good Will and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Crossamerica Partners LP, assuming nothing else is changed. The correlation between historical values of Crossamerica Partners' Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Crossamerica Partners LP are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Crossamerica Partners' Good Will and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Accounts Payable
An accounting item on the balance sheet that represents Crossamerica Partners 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 Crossamerica Partners 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.Most indicators from Crossamerica Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crossamerica Partners 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 Crossamerica Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Crossamerica Partners' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 16.41 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 277.0M | 375.8M | 382.3M | 401.4M | Total Revenue | 3.6B | 5.0B | 4.4B | 2.7B |
Crossamerica Partners fundamental ratios Correlations
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Crossamerica Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crossamerica Partners fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 905.3M | 1.0B | 1.3B | 1.3B | 1.2B | 869.3M | |
Short Long Term Debt Total | 660.9M | 703.3M | 996.6M | 943.4M | 910.5M | 599.5M | |
Other Current Liab | 5.0M | (4.9M) | (8.1M) | (5.8M) | 23.7M | 24.9M | |
Total Current Liabilities | 112.6M | 146.9M | 163.9M | 175.3M | 161.1M | 105.9M | |
Total Stockholder Equity | 78.4M | (2.5M) | 3.0M | 16.5M | 3.0M | 2.9M | |
Property Plant And Equipment Net | 686.7M | 738.7M | 924.8M | 893.3M | 853.5M | 631.9M | |
Current Deferred Revenue | 24.3M | 43.0M | 46.5M | 20.4M | 23.4M | 24.1M | |
Net Debt | 659.1M | 702.8M | 988.9M | 927.3M | 905.5M | 594.0M | |
Accounts Payable | 57.4M | 65.6M | 68.8M | 78.4M | 79.2M | 50.2M | |
Cash | 1.8M | 513K | 7.6M | 16.1M | 5.0M | 5.5M | |
Non Current Assets Total | 841.8M | 939.5M | 1.2B | 1.1B | 1.1B | 797.3M | |
Non Currrent Assets Other | 21.3M | 19.1M | (47.7M) | (39.0M) | 23.5M | 24.7M | |
Cash And Short Term Investments | 1.8M | 513K | 7.6M | 16.1M | 5.0M | 5.5M | |
Net Receivables | 36.5M | 29.5M | 34.5M | 31.6M | 31.6M | 31.0M | |
Common Stock Shares Outstanding | 34.5M | 37.4M | 37.9M | 38.1M | 38.1M | 31.2M | |
Liabilities And Stockholders Equity | 905.3M | 904.7M | 1.2B | 1.2B | 1.2B | 852.1M | |
Non Current Liabilities Total | 714.2M | 757.7M | 1.0B | 1.0B | 1.0B | 660.4M | |
Inventory | 6.2M | 23.3M | 46.1M | 47.3M | 52.3M | 55.0M | |
Other Current Assets | 5.8M | 21.6M | 18.1M | 23.5M | 9.8M | 11.5M | |
Other Stockholder Equity | 78.4M | (112.1M) | (53.5M) | (16.5M) | (2.4M) | (2.3M) | |
Total Liab | 826.9M | 904.7M | 1.2B | 1.2B | 1.2B | 766.3M | |
Property Plant And Equipment Gross | 686.7M | 738.7M | 924.8M | 893.3M | 1.2B | 660.5M | |
Total Current Assets | 63.5M | 74.8M | 106.3M | 118.4M | 108.5M | 72.0M | |
Accumulated Other Comprehensive Income | (196.6M) | (2.5M) | 3.0M | 16.5M | 5.4M | 5.7M | |
Short Term Debt | 26.0M | 66.5M | 80.6M | 81.8M | 37.9M | 29.7M | |
Intangible Assets | 45.0M | 92.9M | 114.2M | 113.9M | 95.3M | 73.9M | |
Other Liab | 79.3M | 89.0M | 98.9M | 103.3M | 118.8M | 72.8M | |
Other Assets | 21.3M | 187.0M | 24.4M | 26.1M | 30.1M | 36.0M | |
Long Term Debt | 534.9M | 509.9M | 796.6M | 750.6M | 745.9M | 519.1M | |
Property Plant Equipment | 565.9M | 570.9M | 924.8M | 893.3M | 1.0B | 615.5M | |
Net Tangible Assets | (55.4M) | (72.0M) | (158.1M) | (160.4M) | (144.3M) | (137.1M) | |
Capital Lease Obligations | 123.5M | 193.3M | 191.8M | 184.5M | 164.6M | 134.5M | |
Deferred Long Term Liab | 19.9M | 19.4M | 15.0M | 12.3M | 14.2M | 22.1M | |
Non Current Liabilities Other | 694.9M | 742.7M | 1.0B | 21.3M | 21.1M | 20.0M | |
Common Stock | 78.4M | 112.1M | 53.5M | 36.5M | 32.9M | 31.2M | |
Short Long Term Debt | 2.5M | 2.6M | 10.9M | 11.2M | 10.0M | 6.3M | |
Net Invested Capital | 615.7M | 619.6M | 853.1M | 803.6M | 748.9M | 782.1M |
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Is Oil & Gas Storage & Transportation space 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 Crossamerica Partners. If investors know Crossamerica 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 Crossamerica Partners 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 (0.13) | Dividend Share 2.1 | Earnings Share 0.52 | Revenue Per Share 101.473 | Quarterly Revenue Growth (0.12) |
The market value of Crossamerica Partners is measured differently than its book value, which is the value of Crossamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Crossamerica Partners' value that differs from its market value or its book value, called intrinsic value, which is Crossamerica Partners' 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 Crossamerica Partners' market value can be influenced by many factors that don't directly affect Crossamerica Partners' 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 Crossamerica Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crossamerica Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crossamerica Partners' 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.