| CRT Stock | | | USD 10.78 0.18 1.64% |
Cross Timbers financial indicator trend analysis is way more than just evaluating Cross Timbers Royalty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cross Timbers Royalty is a good investment. Please check the relationship between Cross Timbers Accounts Payable and its Cash And Equivalents accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Timbers Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Accounts Payable vs Cash And Equivalents
Accounts Payable vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cross Timbers Royalty Accounts Payable account and
Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cross Timbers' Accounts Payable and Cash And Equivalents is -0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Cross Timbers Royalty, assuming nothing else is changed. The correlation between historical values of Cross Timbers' Accounts Payable and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cross Timbers Royalty are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Accounts Payable i.e., Cross Timbers' Accounts Payable and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Cross Timbers 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 Cross Timbers Royalty 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.
Cash And Equivalents
Most indicators from Cross Timbers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cross Timbers Royalty 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 Cross Timbers Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Cross Timbers'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 92.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 449.5
K in 2024.
Cross Timbers fundamental ratios Correlations
Click cells to compare fundamentals
Cross Timbers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cross Timbers fundamental ratios Accounts
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Additional Tools for Cross Stock Analysis
When running Cross Timbers' price analysis, check to
measure Cross Timbers' 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 Cross Timbers is operating at the current time. Most of Cross Timbers' value examination focuses on studying past and present price action to
predict the probability of Cross Timbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cross Timbers' price. Additionally, you may evaluate how the addition of Cross Timbers to your portfolios can decrease your overall portfolio volatility.