Crescent Capital Lease Obligations vs Accounts Payable Analysis
CRGY Stock | USD 14.55 0.30 2.02% |
Crescent Energy financial indicator trend analysis is way more than just evaluating Crescent Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Energy is a good investment. Please check the relationship between Crescent Energy Capital Lease Obligations and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Capital Lease Obligations vs Accounts Payable
Capital Lease Obligations vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Capital Lease Obligations account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Crescent Energy's Capital Lease Obligations and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Crescent Energy Co, assuming nothing else is changed. The correlation between historical values of Crescent Energy's Capital Lease Obligations 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 Capital Lease Obligations of Crescent Energy Co 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 Capital Lease Obligations i.e., Crescent Energy's Capital Lease Obligations and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Lease Obligations
Crescent Energy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Crescent Energy asset purchases. For example, Crescent Energy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Crescent Energy 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.Accounts Payable
An accounting item on the balance sheet that represents Crescent Energy 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 Crescent Energy 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 Crescent Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent Energy 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 Crescent Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Tax Provision is likely to rise to about 24.4 M in 2024. Selling General Administrative is likely to rise to about 203 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50.7M | 95.9M | 145.8M | 79.3M | Depreciation And Amortization | 312.8M | 532.9M | 675.8M | 453.4M |
Crescent Energy fundamental ratios Correlations
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Crescent Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Crescent Energy's price analysis, check to measure Crescent Energy'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 Crescent Energy is operating at the current time. Most of Crescent Energy's value examination focuses on studying past and present price action to predict the probability of Crescent Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Energy's price. Additionally, you may evaluate how the addition of Crescent Energy to your portfolios can decrease your overall portfolio volatility.