CRESW Stock | | | USD 1.00 0.15 17.65% |
Cresud SACIF financial indicator trend analysis is way more than just evaluating Cresud SACIF y prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cresud SACIF y is a good investment. Please check the relationship between Cresud SACIF Total Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cresud SACIF y. 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cresud SACIF y Total Assets account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cresud SACIF's Total Assets and Cash is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Cresud SACIF y, assuming nothing else is changed. The correlation between historical values of Cresud SACIF's Total Assets and Cash 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 Cresud SACIF y are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Cresud SACIF's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Cresud SACIF 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 Cresud SACIF y 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.
Cash
Cash refers to the most liquid asset of Cresud SACIF y, which is listed under current asset account on Cresud SACIF y balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cresud SACIF customers. The amounts must be unrestricted with restricted cash listed in a different Cresud SACIF account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Cresud SACIF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cresud SACIF y 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 Cresud SACIF y. 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.
At this time, Cresud SACIF's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 14.64 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Cresud SACIF fundamental ratios Correlations
Click cells to compare fundamentals
Cresud SACIF Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cresud SACIF fundamental ratios Accounts
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Additional Tools for Cresud Stock Analysis
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measure Cresud SACIF'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 Cresud SACIF is operating at the current time. Most of Cresud SACIF's value examination focuses on studying past and present price action to
predict the probability of Cresud SACIF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cresud SACIF's price. Additionally, you may evaluate how the addition of Cresud SACIF to your portfolios can decrease your overall portfolio volatility.