Cricut Total Assets vs Other Stockholder Equity Analysis

CRCT Stock  USD 5.24  0.14  2.75%   
Cricut financial indicator trend analysis is way more than just evaluating Cricut Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cricut Inc is a good investment. Please check the relationship between Cricut Total Assets and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cricut Inc Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cricut's Total Assets and Other Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Cricut Inc, assuming nothing else is changed. The correlation between historical values of Cricut's Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Cricut Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Cricut's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Cricut assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cricut Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Cricut's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cricut Inc 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 Cricut Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Cricut's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 49.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit457.5M349.9M343.3M318.4M
Total Revenue1.3B886.3M765.1M869.6M

Cricut fundamental ratios Correlations

-0.90.960.820.990.910.950.990.94-0.990.950.420.990.890.60.530.830.980.920.940.090.50.960.810.860.85
-0.9-0.91-0.81-0.87-0.94-0.89-0.86-0.930.94-0.92-0.48-0.91-0.85-0.67-0.39-0.76-0.93-0.87-0.98-0.36-0.16-0.78-0.63-0.62-0.82
0.96-0.910.740.960.940.940.970.96-0.950.960.260.950.960.690.660.830.990.810.940.110.440.850.630.770.77
0.82-0.810.740.720.630.640.730.73-0.870.750.810.840.560.350.330.740.750.960.840.040.030.830.60.551.0
0.99-0.870.960.720.930.970.990.94-0.960.940.290.980.930.630.550.80.980.850.910.10.60.930.810.890.75
0.91-0.940.940.630.930.980.920.97-0.90.930.220.90.950.730.460.790.960.750.940.270.40.760.660.70.65
0.95-0.890.940.640.970.980.960.97-0.910.940.220.920.960.690.470.840.970.780.920.110.550.850.750.790.67
0.99-0.860.970.730.990.920.960.95-0.960.950.270.970.940.640.60.820.990.840.910.050.590.930.760.880.76
0.94-0.930.960.730.940.970.970.95-0.930.970.30.920.960.770.440.90.970.810.970.070.410.820.640.690.75
-0.990.94-0.95-0.87-0.96-0.9-0.91-0.96-0.93-0.94-0.49-0.99-0.86-0.59-0.52-0.8-0.97-0.95-0.96-0.18-0.38-0.94-0.78-0.82-0.89
0.95-0.920.960.750.940.930.940.950.97-0.940.290.930.930.820.430.850.960.830.930.090.450.850.670.760.78
0.42-0.480.260.810.290.220.220.270.3-0.490.290.460.05-0.12-0.10.430.30.740.50.04-0.330.510.410.160.79
0.99-0.910.950.840.980.90.920.970.92-0.990.930.460.860.550.550.790.970.930.940.160.450.960.810.860.87
0.89-0.850.960.560.930.950.960.940.96-0.860.930.050.860.780.60.80.960.660.880.090.530.740.560.720.59
0.6-0.670.690.350.630.730.690.640.77-0.590.82-0.120.550.780.160.610.680.40.640.070.340.430.270.410.37
0.53-0.390.660.330.550.460.470.60.44-0.520.43-0.10.550.60.160.320.580.340.430.080.340.450.220.550.35
0.83-0.760.830.740.80.790.840.820.9-0.80.850.430.790.80.610.320.830.750.87-0.320.340.770.490.520.76
0.98-0.930.990.750.980.960.970.990.97-0.970.960.30.970.960.680.580.830.840.960.150.470.880.720.810.77
0.92-0.870.810.960.850.750.780.840.81-0.950.830.740.930.660.40.340.750.840.90.130.230.930.790.720.97
0.94-0.980.940.840.910.940.920.910.97-0.960.930.50.940.880.640.430.870.960.90.170.240.840.650.650.86
0.09-0.360.110.040.10.270.110.050.07-0.180.090.040.160.090.070.08-0.320.150.130.17-0.29-0.040.180.090.03
0.5-0.160.440.030.60.40.550.590.41-0.380.45-0.330.450.530.340.340.340.470.230.24-0.290.560.620.780.09
0.96-0.780.850.830.930.760.850.930.82-0.940.850.510.960.740.430.450.770.880.930.84-0.040.560.880.90.87
0.81-0.630.630.60.810.660.750.760.64-0.780.670.410.810.560.270.220.490.720.790.650.180.620.880.90.63
0.86-0.620.770.550.890.70.790.880.69-0.820.760.160.860.720.410.550.520.810.720.650.090.780.90.90.6
0.85-0.820.771.00.750.650.670.760.75-0.890.780.790.870.590.370.350.760.770.970.860.030.090.870.630.6
Click cells to compare fundamentals

Cricut Account Relationship Matchups

Cricut fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets317.6M581.4M1.0B949.6M750.1M705.2M
Other Current Liab29.1M71.3M94.2M145.1M107.2M85.8M
Total Current Liabilities175.6M346.5M308.4M254.1M196.5M261.6M
Total Stockholder Equity121.1M228.9M674.0M672.7M534.9M423.8M
Other Liab3.1M6.0M8.1M8.9M10.2M6.6M
Net Tangible Assets118.1M226.6M674.0M672.7M773.6M388.7M
Property Plant And Equipment Net25.3M33.4M70.9M80.5M60.0M52.5M
Current Deferred Revenue13.1M23.5M30.5M34.9M40.3M27.8M
Net Debt48.8M(122.2M)(222.1M)(205.6M)(128.0M)(134.4M)
Retained Earnings(338.6M)(184.0M)(43.6M)17.1M28.5M29.9M
Accounts Payable95.8M251.7M204.7M63.2M76.9M103.3M
Cash6.7M122.2M241.6M224.9M142.2M136.3M
Non Current Assets Total30.5M42.6M78.2M138.4M130.2M81.1M
Non Currrent Assets Other689K3.8M2.5M33.3M70.2M73.7M
Other Assets2.1M6.9M5.7M57.1M1.00.95
Cash And Short Term Investments6.7M122.2M241.6M299.2M245.1M168.8M
Net Receivables65.4M162.9M199.5M136.5M111.2M135.1M
Common Stock Shares Outstanding3.2M223.4M221.9M220.6M219.7M203.5M
Liabilities And Stockholders Equity317.6M581.4M1.0B949.6M750.1M705.2M
Non Current Liabilities Total20.9M6.0M23.9M22.8M18.8M19.8M
Inventory213.2M248.7M454.2M351.7M244.5M303.9M
Other Current Assets1.9M4.9M65.6M23.8M19.1M22.3M
Other Stockholder Equity459.8M412.7M717.4M673.0M505.9M591.5M
Total Liab196.5M352.5M332.3M276.9M215.2M281.5M
Net Invested Capital176.6M228.9M674.0M672.7M534.9M442.1M
Property Plant And Equipment Gross25.3M33.4M53.3M63.4M162.8M170.9M
Total Current Assets287.2M538.8M928.1M811.3M620.0M624.1M
Accumulated Other Comprehensive Income(28K)9K(55K)(475K)277K290.9K
Non Current Liabilities Other863K3.2M15.8M5.1M6.9M6.0M
Net Working Capital111.6M192.3M619.7M557.2M423.5M362.5M
Intangible Assets3.0M2.3M1.5M760K684K649.8K
Property Plant Equipment25.3M33.4M53.3M63.4M72.9M42.1M

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