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 Total Stockholder Equity and its Net Tangible Assets 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 Stockholder Equity vs Net Tangible Assets
Total Stockholder Equity vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cresud SACIF y Total Stockholder Equity account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cresud SACIF's Total Stockholder Equity and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets 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 Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Cresud SACIF y are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Cresud SACIF's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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).
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.