Crescent Net Tangible Assets vs Capital Lease Obligations 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 Net Tangible Assets and its Capital Lease Obligations 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 Tangible Assets vs Capital Lease Obligations

Net Tangible Assets vs Capital Lease Obligations Correlation Analysis

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

The correlation between Crescent Energy's Net Tangible Assets and Capital Lease Obligations is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Lease Obligations 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 Tangible Assets and Capital Lease Obligations 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 Tangible Assets of Crescent Energy Co are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Tangible Assets i.e., Crescent Energy's Net Tangible Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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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.

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.

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 Energy Account Relationship Matchups

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ESRT	Empire State Realty
C	Citigroup
C	Citigroup

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Crescent Net Tangible Assets vs Capital Lease Obligations Analysis

Net Tangible Assets vs Capital Lease Obligations

Net Tangible Assets vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Capital Lease Obligations

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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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