Crescent Net Debt vs Net Tangible Assets Analysis

CRGY Stock

USD 15.28 0.10 0.66%

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 Net Debt and its Net Tangible Assets 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.

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Crescent Energy's Net Debt and Net Tangible Assets is 0.72. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets 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 Net Debt 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 Net Debt of Crescent Energy Co 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 Net Debt i.e., Crescent Energy's Net Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 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

Interest Expense Depreciation And Amortization

Crescent Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.67	0.37	0.83	0.85	-0.89	0.78	0.68	0.63	0.65	0.3	0.77	0.37	0.65	-0.4	-0.73	0.37	0.37	0.77	0.58	0.77	0.35	-0.14	0.7	-0.82	0.64
Total Assets	0.67		0.91	0.95	0.95	-0.63	0.97	0.93	1.0	0.96	0.89	0.96	-0.11	1.0	0.0	-0.63	0.91	-0.11	0.99	0.99	0.98	0.87	0.56	0.99	-0.31	0.99
Short Long Term Debt Total	0.37	0.91		0.79	0.79	-0.47	0.83	0.76	0.93	0.87	0.99	0.86	-0.25	0.93	0.35	-0.37	1.0	-0.25	0.85	0.96	0.87	0.86	0.63	0.92	-0.08	0.89
Other Current Liab	0.83	0.95	0.79		0.96	-0.76	0.99	0.92	0.93	0.86	0.73	0.93	0.2	0.93	-0.19	-0.79	0.78	0.2	0.98	0.92	0.96	0.72	0.32	0.95	-0.49	0.94
Total Current Liabilities	0.85	0.95	0.79	0.96		-0.79	0.97	0.88	0.94	0.95	0.76	0.99	-0.01	0.94	-0.07	-0.63	0.8	-0.01	0.98	0.91	0.99	0.72	0.33	0.97	-0.52	0.92
Total Stockholder Equity	-0.89	-0.63	-0.47	-0.76	-0.79		-0.69	-0.48	-0.6	-0.61	-0.4	-0.77	-0.29	-0.61	0.01	0.55	-0.47	-0.29	-0.69	-0.59	-0.74	-0.36	0.28	-0.68	0.9	-0.55
Other Liab	0.78	0.97	0.83	0.99	0.97	-0.69		0.95	0.95	0.92	0.78	0.95	0.08	0.96	-0.14	-0.7	0.83	0.08	0.99	0.94	0.98	0.73	0.43	0.97	-0.38	0.96
Net Tangible Assets	0.68	0.93	0.76	0.92	0.88	-0.48	0.95		0.92	0.86	0.72	0.84	0.03	0.92	-0.32	-0.76	0.75	0.03	0.95	0.89	0.89	0.78	0.59	0.9	-0.21	0.96
Property Plant And Equipment Net	0.63	1.0	0.93	0.93	0.94	-0.6	0.95	0.92		0.96	0.91	0.96	-0.17	1.0	0.05	-0.59	0.93	-0.17	0.98	0.99	0.98	0.89	0.59	0.99	-0.27	0.99
Current Deferred Revenue	0.65	0.96	0.87	0.86	0.95	-0.61	0.92	0.86	0.96		0.87	0.97	-0.3	0.96	0.12	-0.43	0.89	-0.3	0.95	0.94	0.97	0.81	0.56	0.96	-0.29	0.93
Net Debt	0.3	0.89	0.99	0.73	0.76	-0.4	0.78	0.72	0.91	0.87		0.84	-0.37	0.9	0.42	-0.27	1.0	-0.37	0.82	0.94	0.84	0.85	0.68	0.89	-0.01	0.87
Accounts Payable	0.77	0.96	0.86	0.93	0.99	-0.77	0.95	0.84	0.96	0.97	0.84		-0.11	0.96	0.09	-0.53	0.87	-0.11	0.97	0.94	0.99	0.75	0.38	0.98	-0.46	0.92
Cash	0.37	-0.11	-0.25	0.2	-0.01	-0.29	0.08	0.03	-0.17	-0.3	-0.37	-0.11		-0.15	-0.58	-0.55	-0.3	1.0	-0.01	-0.13	-0.06	-0.37	-0.6	-0.09	-0.42	-0.1
Non Current Assets Total	0.65	1.0	0.93	0.93	0.94	-0.61	0.96	0.92	1.0	0.96	0.9	0.96	-0.15		0.04	-0.6	0.93	-0.15	0.98	0.99	0.98	0.88	0.58	0.99	-0.29	0.99
Non Currrent Assets Other	-0.4	0.0	0.35	-0.19	-0.07	0.01	-0.14	-0.32	0.05	0.12	0.42	0.09	-0.58	0.04		0.65	0.37	-0.58	-0.1	0.13	0.01	0.11	0.12	0.06	0.2	-0.08
Other Assets	-0.73	-0.63	-0.37	-0.79	-0.63	0.55	-0.7	-0.76	-0.59	-0.43	-0.27	-0.53	-0.55	-0.6	0.65		-0.35	-0.55	-0.68	-0.55	-0.6	-0.51	-0.08	-0.59	0.52	-0.66
Long Term Debt	0.37	0.91	1.0	0.78	0.8	-0.47	0.83	0.75	0.93	0.89	1.0	0.87	-0.3	0.93	0.37	-0.35		-0.3	0.85	0.96	0.87	0.86	0.64	0.92	-0.08	0.89
Cash And Short Term Investments	0.37	-0.11	-0.25	0.2	-0.01	-0.29	0.08	0.03	-0.17	-0.3	-0.37	-0.11	1.0	-0.15	-0.58	-0.55	-0.3		-0.01	-0.13	-0.06	-0.37	-0.6	-0.09	-0.42	-0.1
Net Receivables	0.77	0.99	0.85	0.98	0.98	-0.69	0.99	0.95	0.98	0.95	0.82	0.97	-0.01	0.98	-0.1	-0.68	0.85	-0.01		0.96	0.99	0.79	0.47	0.99	-0.39	0.98
Non Current Liabilities Total	0.58	0.99	0.96	0.92	0.91	-0.59	0.94	0.89	0.99	0.94	0.94	0.94	-0.13	0.99	0.13	-0.55	0.96	-0.13	0.96		0.96	0.86	0.58	0.99	-0.23	0.97
Capital Lease Obligations	0.77	0.98	0.87	0.96	0.99	-0.74	0.98	0.89	0.98	0.97	0.84	0.99	-0.06	0.98	0.01	-0.6	0.87	-0.06	0.99	0.96		0.78	0.42	0.99	-0.43	0.96
Inventory	0.35	0.87	0.86	0.72	0.72	-0.36	0.73	0.78	0.89	0.81	0.85	0.75	-0.37	0.88	0.11	-0.51	0.86	-0.37	0.79	0.86	0.78		0.71	0.83	-0.11	0.88
Other Current Assets	-0.14	0.56	0.63	0.32	0.33	0.28	0.43	0.59	0.59	0.56	0.68	0.38	-0.6	0.58	0.12	-0.08	0.64	-0.6	0.47	0.58	0.42	0.71		0.5	0.57	0.62
Total Liab	0.7	0.99	0.92	0.95	0.97	-0.68	0.97	0.9	0.99	0.96	0.89	0.98	-0.09	0.99	0.06	-0.59	0.92	-0.09	0.99	0.99	0.99	0.83	0.5		-0.35	0.97
Net Invested Capital	-0.82	-0.31	-0.08	-0.49	-0.52	0.9	-0.38	-0.21	-0.27	-0.29	-0.01	-0.46	-0.42	-0.29	0.2	0.52	-0.08	-0.42	-0.39	-0.23	-0.43	-0.11	0.57	-0.35		-0.23
Property Plant And Equipment Gross	0.64	0.99	0.89	0.94	0.92	-0.55	0.96	0.96	0.99	0.93	0.87	0.92	-0.1	0.99	-0.08	-0.66	0.89	-0.1	0.98	0.97	0.96	0.88	0.62	0.97	-0.23

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Crescent Net Debt vs Net Tangible Assets Analysis

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Debt

Net Tangible Assets

Crescent Energy fundamental ratios Correlations

Crescent Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Total Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Net Invested Capital	- 0.82	Common Stock Shares Outstanding
Total Stockholder Equity	- 0.79	Total Current Liabilities
Other Assets	- 0.79	Other Current Liab
Accounts Payable	- 0.77	Total Stockholder Equity
Other Assets	- 0.76	Net Tangible Assets