Crown Depreciation And Amortization vs Gross Profit Analysis
| CGBSW Stock | 0.04 0 14.75% |
Crown LNG financial indicator trend analysis is way more than just evaluating Crown LNG Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown LNG Holdings is a good investment. Please check the relationship between Crown LNG Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown LNG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown LNG Holdings Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Crown LNG's Depreciation And Amortization and Gross Profit is -0.17. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Crown LNG Holdings, assuming nothing else is changed. The correlation between historical values of Crown LNG's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Crown LNG Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Crown LNG's Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.17 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Crown LNG Holdings minus its cost of goods sold. It is profit before Crown LNG operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Crown LNG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown LNG Holdings 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 LNG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Crown LNG reported Tax Provision of (2.97 Million) in 2023. Issuance Of Capital Stock is likely to climb to about 1.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 664K | 1.7M | 458K | 758.1K | Depreciation And Amortization | 39K | 144K | 165.6K | 100.7K |
Crown LNG fundamental ratios Correlations
Click cells to compare fundamentals
Crown LNG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Crown Stock Analysis
When running Crown LNG's price analysis, check to measure Crown LNG'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 Crown LNG is operating at the current time. Most of Crown LNG's value examination focuses on studying past and present price action to predict the probability of Crown LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown LNG's price. Additionally, you may evaluate how the addition of Crown LNG to your portfolios can decrease your overall portfolio volatility.