Cresud Retained Earnings vs Accounts Payable Analysis

CRESY Stock  USD 11.37  0.13  1.16%   
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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cresud SACIF y Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cresud SACIF's Retained Earnings and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings 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 Retained Earnings of Cresud SACIF y 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 Retained Earnings i.e., Cresud SACIF's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Cresud SACIF 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 Cresud SACIF y 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 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 rise to 14.64 in 2024, despite the fact that Discontinued Operations is likely to grow to (9 B).
 2021 2022 2023 2024 (projected)
Gross Profit91.5B71.3B291.6B306.1B
Total Revenue206.6B190.4B711.4B746.9B

Cresud SACIF fundamental ratios Correlations

0.030.990.991.00.970.750.850.841.01.00.960.860.110.380.990.99-0.020.931.00.920.990.140.890.920.98
0.030.050.00.030.07-0.23-0.50.120.020.010.08-0.49-0.07-0.340.050.031.00.370.05-0.340.05-0.18-0.31-0.330.03
0.990.050.970.980.970.780.830.870.990.990.960.840.130.410.980.980.00.920.990.910.990.160.880.910.96
0.990.00.971.00.930.770.860.750.990.990.910.870.080.360.961.0-0.050.930.970.910.970.120.860.90.97
1.00.030.981.00.950.740.850.791.00.990.930.860.090.350.981.0-0.020.930.980.910.980.120.860.90.97
0.970.070.970.930.950.650.80.920.960.960.990.810.150.350.990.940.020.880.990.90.990.140.910.890.97
0.75-0.230.780.770.740.650.770.540.750.760.670.770.080.460.690.75-0.260.620.720.770.720.170.690.760.72
0.85-0.50.830.860.850.80.770.640.860.860.781.00.120.490.830.85-0.540.610.830.980.830.20.920.960.83
0.840.120.870.750.790.920.540.640.820.820.950.660.210.360.890.770.070.730.880.780.890.190.830.790.82
1.00.020.990.991.00.960.750.860.821.00.950.860.110.380.990.99-0.030.930.990.920.990.140.890.920.98
1.00.010.990.990.990.960.760.860.821.00.950.870.110.390.980.99-0.040.920.990.920.990.150.890.930.98
0.960.080.960.910.930.990.670.780.950.950.950.790.160.370.980.910.030.870.980.880.980.150.910.890.96
0.86-0.490.840.870.860.810.771.00.660.860.870.790.130.490.840.85-0.530.620.840.980.840.210.930.960.84
0.11-0.070.130.080.090.150.080.120.210.110.110.160.130.850.140.09-0.080.040.130.160.130.910.190.170.11
0.38-0.340.410.360.350.350.460.490.360.380.390.370.490.850.360.36-0.350.220.380.490.370.870.480.520.34
0.990.050.980.960.980.990.690.830.890.990.980.980.840.140.360.970.00.911.00.921.00.140.910.910.98
0.990.030.981.01.00.940.750.850.770.990.990.910.850.090.360.97-0.020.940.980.910.970.130.850.90.96
-0.021.00.0-0.05-0.020.02-0.26-0.540.07-0.03-0.040.03-0.53-0.08-0.350.0-0.020.330.0-0.390.0-0.18-0.35-0.37-0.01
0.930.370.920.930.930.880.620.610.730.930.920.870.620.040.220.910.940.330.920.720.910.050.680.720.91
1.00.050.990.970.980.990.720.830.880.990.990.980.840.130.381.00.980.00.920.921.00.150.90.910.98
0.92-0.340.910.910.910.90.770.980.780.920.920.880.980.160.490.920.91-0.390.720.920.920.220.950.980.89
0.990.050.990.970.980.990.720.830.890.990.990.980.840.130.371.00.970.00.911.00.920.140.90.910.98
0.14-0.180.160.120.120.140.170.20.190.140.150.150.210.910.870.140.13-0.180.050.150.220.140.220.250.1
0.89-0.310.880.860.860.910.690.920.830.890.890.910.930.190.480.910.85-0.350.680.90.950.90.220.980.9
0.92-0.330.910.90.90.890.760.960.790.920.930.890.960.170.520.910.9-0.370.720.910.980.910.250.980.9
0.980.030.960.970.970.970.720.830.820.980.980.960.840.110.340.980.96-0.010.910.980.890.980.10.90.9
Click cells to compare fundamentals

Cresud SACIF Account Relationship Matchups

Cresud SACIF fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets739.5B556.2B1.1T1.1T3.5T3.6T
Other Current Liab27.0B4.5B7.9B(492.0B)36.9B38.8B
Total Current Liabilities186.1B115.5B318.1B195.0B657.6B690.5B
Total Stockholder Equity27.1B53.2B177.4B209.7B696.2B731.1B
Property Plant And Equipment Net88.2B72.8B142.8B164.3B590.5B620.0B
Net Debt364.7B159.6B249.8B246.8B787.7B827.1B
Retained Earnings2.0B(15.8B)45.6B35.2B45.8B48.1B
Accounts Payable38.6B32.1B66.7B282.1B248.5B260.9B
Cash108.7B45.1B75.3B38.9B114.6B120.4B
Non Current Assets Total490.8B441.4B897.3B854.4B2.8T2.9T
Non Currrent Assets Other286.7B339.5B704.7B637.0B1.9T2.0T
Cash And Short Term Investments131.9B47.5B116.4B82.8B260.7B273.8B
Net Receivables47.4B37.5B71.9B293.4B264.0B277.2B
Common Stock Shares Outstanding53.2M60.4M75.4M76.1M77.2M51.5M
Liabilities And Stockholders Equity739.5B556.2B1.1T1.1T3.5T3.6T
Non Current Liabilities Total421.9B267.0B377.0B391.3B1.3T1.3T
Inventory12.7B28.7B48.8B46.9B175.0B183.7B
Other Current Assets3.0B1.0B6.5B(208.1B)6.7B7.1B
Other Stockholder Equity22.4B58.7B127.4B(108.7B)468.2B491.6B
Total Liab608.0B382.5B695.1B586.3B1.9T2.0T
Property Plant And Equipment Gross81.9B55.2B83.1B205.5B236.3B248.1B
Total Current Assets248.7B114.8B243.6B214.9B706.4B741.7B
Accumulated Other Comprehensive Income2.2B9.8B3.9B50.3B181.7B190.8B
Other Assets265.4B204.3B320.9B629.1B723.5B759.6B
Other Liab56.3B85.1B121.6B212.6B244.5B256.7B
Short Term Investments23.2B2.3B41.1B43.8B146.1B153.4B
Intangible Assets22.4B4.3B7.9B8.7B67.7B71.1B
Property Plant Equipment83.6B47.6B72.3B173.6B199.6B209.6B
Short Long Term Debt Total473.3B204.7B325.0B285.7B902.3B947.4B
Short Term Debt112.0B77.1B210.3B403.2B365.5B383.8B
Current Deferred Revenue8.6B4.5B39.0B9.3B45.4B47.7B
Long Term Debt320.4B73.2B46.2B159.4B183.3B192.4B
Good Will5.8B633M1.3B1.3B4.8B5.1B
Long Term Investments78.6B14.3B21.8B41.7B48.0B25.5B
Short Long Term Debt98.4B45.4B95.3B102.7B118.1B124.0B
Net Tangible Assets(3.0B)29.5B78.0B198.1B227.8B239.2B

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 Cresud Stock Analysis

When running Cresud SACIF's price analysis, check to 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.