| CROWN Stock | | | 227.16 4.45 2.00% |
Crown Lifters financial indicator trend analysis is way more than just evaluating Crown Lifters Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Lifters Limited is a good investment. Please check the relationship between Crown Lifters Operating Income and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Lifters Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Operating Income vs Ebitda
Operating Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crown Lifters Limited Operating Income account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Crown Lifters' Operating Income and Ebitda is 0.85. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Crown Lifters Limited, assuming nothing else is changed. The correlation between historical values of Crown Lifters' Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Crown Lifters Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Crown Lifters' Operating Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Crown Lifters Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Crown Lifters Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Ebitda
Most indicators from Crown Lifters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Lifters Limited 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 Crown Lifters Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 30th of November 2024,
Selling General Administrative is likely to grow to about 28.9
M, while
Tax Provision is likely to drop about 9.7
M.
Crown Lifters fundamental ratios Correlations
Click cells to compare fundamentals
Crown Lifters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Lifters fundamental ratios Accounts
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Other Information on Investing in Crown Stock
Balance Sheet is a snapshot of the
financial position of Crown Lifters Limited at a specified time, usually calculated after every quarter, six months, or one year. Crown Lifters Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Crown Lifters and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Crown currently owns. An asset can also be divided into two categories, current and non-current.