Cross Net Receivables vs Long Term Investments Analysis

CRT Stock

USD 11.10 0.72 6.94%

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 Net Receivables and its Long Term Investments 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.

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cross Timbers Royalty Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cross Timbers' Net Receivables and Long Term Investments is -0.56. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments 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' Net Receivables and Long Term Investments 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 Receivables of Cross Timbers Royalty are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., Cross Timbers' Net Receivables and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Receivables

Long Term Investments

Long Term Investments is an item on the asset side of Cross Timbers balance sheet that represents investments Cross Timbers Royalty intends to hold for over a year. Cross Timbers Royalty long term investments may include different instruments such as stocks, bonds, real estate and cash.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	7.4M	12.5M	25.4B	26.7B
Total Revenue	7.4M	12.5M	12.4M	13.4M

Gross Profit Total Revenue

Cross Timbers fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Receivables	Other Current Assets	Net Tangible Assets	Accounts Payable	Long Term Investments	Intangible Assets	Other Liab	Non Current Liabilities Total
Total Assets		1.0	0.97	-0.9	0.96	-0.28	0.86	-0.73	0.9	0.95	1.0	0.27	-0.27	0.99	-0.29	-0.29	-0.04	-0.04	0.24	0.43	0.5	0.54	0.5	0.54	-0.5	-0.51
Total Stockholder Equity	1.0		0.97	-0.89	0.96	-0.29	0.85	-0.74	0.9	0.94	1.0	0.28	-0.28	0.99	-0.31	-0.31	-0.04	-0.04	0.23	0.44	0.51	0.55	0.51	0.55	-0.51	-0.52
Property Plant And Equipment Net	0.97	0.97		-0.96	1.0	-0.16	0.83	-0.61	0.96	0.98	0.96	0.14	-0.14	0.93	-0.1	-0.1	0.01	0.01	0.41	0.22	0.28	0.39	0.28	0.35	-0.34	-0.35
Non Currrent Assets Other	-0.9	-0.89	-0.96		-0.96	0.06	-0.67	0.54	-0.94	-0.95	-0.89	-0.04	0.04	-0.84	0.03	0.03	-0.04	-0.04	-0.46	-0.09	-0.13	-0.29	-0.13	-0.22	0.24	0.24
Other Assets	0.96	0.96	1.0	-0.96		-0.13	0.82	-0.59	0.96	0.98	0.96	0.12	-0.12	0.92	-0.08	-0.08	0.03	0.03	0.44	0.2	0.25	0.38	0.25	0.33	-0.33	-0.33
Common Stock Shares Outstanding	-0.28	-0.29	-0.16	0.06	-0.13		-0.15	0.33	-0.03	-0.15	-0.3	-0.98	0.97	-0.34	0.38	0.38	0.75	0.75	0.67	-0.45	-0.62	-0.29	-0.63	-0.63	0.34	0.4
Other Stockholder Equity	0.86	0.85	0.83	-0.67	0.82	-0.15		-0.61	0.78	0.81	0.85	0.14	-0.14	0.85	-0.23	-0.23	0.21	0.21	0.26	0.51	0.42	0.6	0.41	0.55	-0.57	-0.57
Total Liab	-0.73	-0.74	-0.61	0.54	-0.59	0.33	-0.61		-0.6	-0.63	-0.75	-0.28	0.26	-0.79	0.85	0.85	0.0	0.0	0.11	-0.68	-0.74	-0.7	-0.74	-0.7	0.81	0.79
Property Plant And Equipment Gross	0.9	0.9	0.96	-0.94	0.96	-0.03	0.78	-0.6		0.99	0.89	-0.03	0.04	0.85	-0.09	-0.09	0.15	0.15	0.54	0.13	0.15	0.35	0.14	0.21	-0.31	-0.28
Common Stock Total Equity	0.95	0.94	0.98	-0.95	0.98	-0.15	0.81	-0.63	0.99		0.94	0.11	-0.1	0.9	-0.12	-0.12	0.05	0.05	0.44	0.19	0.24	0.38	0.24	0.31	-0.35	-0.33
Common Stock	1.0	1.0	0.96	-0.89	0.96	-0.3	0.85	-0.75	0.89	0.94		0.29	-0.29	0.99	-0.32	-0.32	-0.07	-0.07	0.22	0.44	0.52	0.54	0.52	0.54	-0.5	-0.52
Net Debt	0.27	0.28	0.14	-0.04	0.12	-0.98	0.14	-0.28	-0.03	0.11	0.29		-1.0	0.34	-0.34	-0.34	-0.77	-0.77	-0.7	0.45	0.64	0.27	0.64	0.65	-0.31	-0.39
Cash	-0.27	-0.28	-0.14	0.04	-0.12	0.97	-0.14	0.26	0.04	-0.1	-0.29	-1.0		-0.34	0.32	0.32	0.77	0.77	0.7	-0.45	-0.64	-0.27	-0.64	-0.65	0.31	0.38
Non Current Assets Total	0.99	0.99	0.93	-0.84	0.92	-0.34	0.85	-0.79	0.85	0.9	0.99	0.34	-0.34		-0.39	-0.39	-0.07	-0.07	0.14	0.53	0.6	0.61	0.6	0.62	-0.57	-0.59
Cash And Short Term Investments	-0.29	-0.31	-0.1	0.03	-0.08	0.38	-0.23	0.85	-0.09	-0.12	-0.32	-0.34	0.32	-0.39		1.0	0.08	0.08	0.48	-0.75	-0.8	-0.63	-0.79	-0.7	0.8	0.79
Total Current Assets	-0.29	-0.31	-0.1	0.03	-0.08	0.38	-0.23	0.85	-0.09	-0.12	-0.32	-0.34	0.32	-0.39	1.0		0.08	0.08	0.48	-0.75	-0.8	-0.63	-0.8	-0.7	0.8	0.79
Other Current Liab	-0.04	-0.04	0.01	-0.04	0.03	0.75	0.21	0.0	0.15	0.05	-0.07	-0.77	0.77	-0.07	0.08	0.08		1.0	0.53	-0.07	-0.32	0.33	-0.34	-0.11	-0.24	-0.17
Total Current Liabilities	-0.04	-0.04	0.01	-0.04	0.03	0.75	0.21	0.0	0.15	0.05	-0.07	-0.77	0.77	-0.07	0.08	0.08	1.0		0.53	-0.07	-0.32	0.33	-0.34	-0.11	-0.24	-0.17
Net Receivables	0.24	0.23	0.41	-0.46	0.44	0.67	0.26	0.11	0.54	0.44	0.22	-0.7	0.7	0.14	0.48	0.48	0.53	0.53		-0.49	-0.55	-0.23	-0.56	-0.53	0.29	0.35
Other Current Assets	0.43	0.44	0.22	-0.09	0.2	-0.45	0.51	-0.68	0.13	0.19	0.44	0.45	-0.45	0.53	-0.75	-0.75	-0.07	-0.07	-0.49		0.87	0.74	0.86	0.83	-0.75	-0.78
Net Tangible Assets	0.5	0.51	0.28	-0.13	0.25	-0.62	0.42	-0.74	0.15	0.24	0.52	0.64	-0.64	0.6	-0.8	-0.8	-0.32	-0.32	-0.55	0.87		0.68	1.0	0.86	-0.71	-0.75
Accounts Payable	0.54	0.55	0.39	-0.29	0.38	-0.29	0.6	-0.7	0.35	0.38	0.54	0.27	-0.27	0.61	-0.63	-0.63	0.33	0.33	-0.23	0.74	0.68		0.67	0.87	-0.92	-0.92
Long Term Investments	0.5	0.51	0.28	-0.13	0.25	-0.63	0.41	-0.74	0.14	0.24	0.52	0.64	-0.64	0.6	-0.79	-0.8	-0.34	-0.34	-0.56	0.86	1.0	0.67		0.85	-0.7	-0.74
Intangible Assets	0.54	0.55	0.35	-0.22	0.33	-0.63	0.55	-0.7	0.21	0.31	0.54	0.65	-0.65	0.62	-0.7	-0.7	-0.11	-0.11	-0.53	0.83	0.86	0.87	0.85		-0.88	-0.93
Other Liab	-0.5	-0.51	-0.34	0.24	-0.33	0.34	-0.57	0.81	-0.31	-0.35	-0.5	-0.31	0.31	-0.57	0.8	0.8	-0.24	-0.24	0.29	-0.75	-0.71	-0.92	-0.7	-0.88		0.99
Non Current Liabilities Total	-0.51	-0.52	-0.35	0.24	-0.33	0.4	-0.57	0.79	-0.28	-0.33	-0.52	-0.39	0.38	-0.59	0.79	0.79	-0.17	-0.17	0.35	-0.78	-0.75	-0.92	-0.74	-0.93	0.99

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Cross Timbers Account Relationship Matchups

Cross Timbers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.7M	8.9M	5.1M	4.9M	4.5M	4.3M
Total Stockholder Equity	8.2M	7.5M	3.3M	3.0M	2.7M	2.5M
Non Currrent Assets Other	(8.2M)	(7.5M)	(3.3M)	(3.0M)	(3.4M)	(3.6M)
Liabilities And Stockholders Equity	9.7M	8.9M	5.1M	4.9M	4.5M	4.3M
Other Stockholder Equity	8.5M	(16.3M)	(15.0M)	3.3M	2.9M	2.8M
Total Liab	1.5M	1.4M	1.8M	1.9M	1.9M	1.4M
Common Stock	8.2M	7.5M	3.3M	3.0M	2.7M	2.5M
Net Debt	(1.5M)	(1.4M)	(1.8M)	(1.9M)	(1.9B)	(1.8B)
Cash	1.5M	1.4M	1.8M	1.9M	1.9B	1.9B
Non Current Assets Total	8.2M	7.5M	3.3M	3.0M	2.7M	2.5M
Cash And Short Term Investments	1.5M	1.4M	1.8M	1.9M	1.9M	1.5M
Total Current Assets	1.5M	1.4M	1.8M	1.9M	1.9M	1.5M
Other Current Liab	503.0K	372.8K	822.8K	902.0K	1.9M	2.0M
Total Current Liabilities	503.0K	372.8K	822.8K	902.0K	1.9M	2.0M
Net Tangible Assets	8.5M	8.2M	7.5M	3.3M	2.9M	2.8M
Long Term Investments	8.2M	7.5M	3.3M	3.0M	2.7M	2.5M
Cash And Equivalents	1.5M	1.4M	1.8M	1.9M	2.2M	1.8M

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