Core Common Stock Shares Outstanding vs Capital Lease Obligations Analysis

CORZ Stock  USD 17.71  0.59  3.45%   
Core Scientific, financial indicator trend analysis is way more than just evaluating Core Scientific, Common prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Scientific, Common is a good investment. Please check the relationship between Core Scientific, Common Stock Shares Outstanding and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Scientific, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Shares Outstanding vs Capital Lease Obligations

Common Stock Shares Outstanding vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Scientific, Common Common Stock Shares Outstanding account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Core Scientific,'s Common Stock Shares Outstanding and Capital Lease Obligations is 0.7. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Core Scientific, Common, assuming nothing else is changed. The correlation between historical values of Core Scientific,'s Common Stock Shares Outstanding and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Core Scientific, Common are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock Shares Outstanding i.e., Core Scientific,'s Common Stock Shares Outstanding and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Capital Lease Obligations

Core Scientific, Common capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Core Scientific, asset purchases. For example, Core Scientific, can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Core Scientific, control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Core Scientific,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Scientific, Common 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 Core Scientific, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Core Scientific,'s Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 108.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.18 in 2024.
 2021 2023 2024 (projected)
Interest Expense96.8M99.2M63.8M
Depreciation And Amortization96.4M110.9M116.5M

Core Scientific, fundamental ratios Correlations

0.22-0.230.670.970.670.88-0.290.98-0.20.87-0.870.850.730.820.930.83-0.330.960.970.78-0.990.240.960.980.26
0.220.760.870.27-0.130.160.860.250.910.240.27-0.210.790.740.390.720.670.070.190.61-0.291.00.150.190.97
-0.230.760.45-0.25-0.29-0.270.87-0.260.87-0.090.63-0.480.390.29-0.080.270.78-0.42-0.310.210.20.76-0.36-0.310.75
0.670.870.450.690.20.540.510.690.580.59-0.240.250.950.970.740.960.30.530.640.83-0.720.870.590.630.85
0.970.27-0.250.690.580.91-0.240.99-0.150.81-0.840.770.730.810.950.83-0.30.980.990.79-0.980.280.991.00.29
0.67-0.13-0.290.20.580.8-0.50.55-0.410.91-0.680.920.460.370.710.42-0.070.630.540.65-0.6-0.080.590.640.07
0.880.16-0.270.540.910.8-0.320.86-0.210.91-0.80.860.70.670.960.7-0.120.910.860.86-0.870.20.910.930.28
-0.290.860.870.51-0.24-0.5-0.32-0.260.99-0.230.71-0.650.380.31-0.110.280.79-0.43-0.310.180.230.85-0.35-0.320.8
0.980.25-0.260.690.990.550.86-0.26-0.170.78-0.850.770.710.820.920.83-0.370.971.00.75-0.990.260.980.990.25
-0.20.910.870.58-0.15-0.41-0.210.99-0.17-0.120.64-0.560.480.390.00.370.82-0.34-0.230.290.140.9-0.26-0.230.87
0.870.24-0.090.590.810.910.91-0.230.78-0.12-0.710.890.780.720.920.760.020.790.760.89-0.840.280.780.830.39
-0.870.270.63-0.24-0.84-0.68-0.80.71-0.850.64-0.71-0.91-0.32-0.43-0.73-0.460.66-0.93-0.88-0.460.840.25-0.89-0.880.22
0.85-0.21-0.480.250.770.920.86-0.650.77-0.560.89-0.910.440.450.780.49-0.40.850.770.61-0.79-0.170.80.83-0.07
0.730.790.390.950.730.460.70.380.710.480.78-0.320.440.960.860.970.370.60.660.95-0.760.810.650.70.84
0.820.740.290.970.810.370.670.310.820.390.72-0.430.450.960.851.00.140.690.780.87-0.850.740.730.770.74
0.930.39-0.080.740.950.710.96-0.110.920.00.92-0.730.780.860.850.87-0.020.90.90.94-0.930.420.920.940.48
0.830.720.270.960.830.420.70.280.830.370.76-0.460.490.971.00.870.150.70.790.9-0.860.730.750.790.73
-0.330.670.780.3-0.3-0.07-0.120.79-0.370.820.020.66-0.40.370.14-0.020.15-0.45-0.430.310.30.69-0.39-0.340.76
0.960.07-0.420.530.980.630.91-0.430.97-0.340.79-0.930.850.60.690.90.7-0.450.980.7-0.960.081.00.990.1
0.970.19-0.310.640.990.540.86-0.311.0-0.230.76-0.880.770.660.780.90.79-0.430.980.71-0.980.20.990.990.19
0.780.610.210.830.790.650.860.180.750.290.89-0.460.610.950.870.940.90.310.70.71-0.790.650.730.780.72
-0.99-0.290.2-0.72-0.98-0.6-0.870.23-0.990.14-0.840.84-0.79-0.76-0.85-0.93-0.860.3-0.96-0.98-0.79-0.3-0.97-0.98-0.31
0.241.00.760.870.28-0.080.20.850.260.90.280.25-0.170.810.740.420.730.690.080.20.65-0.30.160.20.98
0.960.15-0.360.590.990.590.91-0.350.98-0.260.78-0.890.80.650.730.920.75-0.391.00.990.73-0.970.161.00.17
0.980.19-0.310.631.00.640.93-0.320.99-0.230.83-0.880.830.70.770.940.79-0.340.990.990.78-0.980.21.00.22
0.260.970.750.850.290.070.280.80.250.870.390.22-0.070.840.740.480.730.760.10.190.72-0.310.980.170.22
Click cells to compare fundamentals

Core Scientific, Account Relationship Matchups

Core Scientific, fundamental ratios Accounts

201920202021202220232024 (projected)
Intangible Assets6.7M8.2M1.7M2.2M2.0M3.6M

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