Crane Depreciation And Amortization vs Extraordinary Items Analysis

CXT Stock   60.11  1.87  3.21%   
Crane NXT financial indicator trend analysis is way more than just evaluating Crane NXT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crane NXT is a good investment. Please check the relationship between Crane NXT Depreciation And Amortization and its Extraordinary Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane NXT 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 interest.

Depreciation And Amortization vs Extraordinary Items

Depreciation And Amortization vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crane NXT Depreciation And Amortization account and Extraordinary Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Crane NXT's Depreciation And Amortization and Extraordinary Items is -0.13. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Crane NXT Co, assuming nothing else is changed. The correlation between historical values of Crane NXT's Depreciation And Amortization and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Crane NXT Co are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Depreciation And Amortization i.e., Crane NXT's Depreciation And Amortization and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Extraordinary Items

Most indicators from Crane NXT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crane NXT 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 Crane NXT 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 interest.
Tax Provision is likely to gain to about 78.4 M in 2024. Selling General Administrative is likely to gain to about 517.6 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense46.9M52.2M50.6M50.5M
Depreciation And Amortization121.1M78.7M77.6M105.8M

Crane NXT fundamental ratios Correlations

0.820.420.650.880.840.520.510.590.390.530.970.490.530.50.99-0.340.490.80.14-0.230.850.840.51-0.380.1
0.82-0.050.760.80.80.790.790.43-0.070.440.810.450.440.050.85-0.410.130.560.27-0.050.640.660.71-0.46-0.05
0.42-0.05-0.040.10.33-0.33-0.070.370.920.060.470.120.060.930.370.240.90.550.24-0.370.630.35-0.040.090.4
0.650.76-0.040.710.540.60.420.81-0.010.720.570.380.720.080.650.160.10.68-0.05-0.480.680.860.81-0.340.48
0.880.80.10.710.780.740.470.520.110.560.840.590.560.220.91-0.370.090.59-0.08-0.050.590.750.45-0.58-0.04
0.840.80.330.540.780.680.730.370.390.20.90.680.20.510.85-0.330.390.560.090.070.690.560.39-0.59-0.05
0.520.79-0.330.60.740.680.690.19-0.350.260.550.550.26-0.190.6-0.45-0.250.160.090.280.240.350.5-0.68-0.25
0.510.79-0.070.420.470.730.690.2-0.02-0.180.630.18-0.180.10.58-0.340.170.380.310.020.430.220.33-0.2-0.09
0.590.430.370.810.520.370.190.20.390.570.530.130.570.450.560.480.50.88-0.07-0.840.80.870.480.00.83
0.39-0.070.92-0.010.110.39-0.35-0.020.39-0.040.440.17-0.040.980.320.310.840.56-0.07-0.380.590.34-0.140.090.42
0.530.440.060.720.560.20.26-0.180.57-0.040.350.431.00.00.490.070.040.43-0.02-0.310.490.810.72-0.390.3
0.970.810.470.570.840.90.550.630.530.440.350.480.350.560.98-0.360.550.770.23-0.170.840.730.43-0.380.06
0.490.450.120.380.590.680.550.180.130.170.430.480.430.230.48-0.170.040.08-0.080.380.310.390.32-0.96-0.17
0.530.440.060.720.560.20.26-0.180.57-0.041.00.350.430.00.490.070.040.43-0.02-0.310.490.810.72-0.390.3
0.50.050.930.080.220.51-0.190.10.450.980.00.560.230.00.440.230.870.640.0-0.380.680.41-0.070.010.41
0.990.850.370.650.910.850.60.580.560.320.490.980.480.490.44-0.380.430.760.2-0.180.810.80.51-0.410.05
-0.34-0.410.240.16-0.37-0.33-0.45-0.340.480.310.07-0.36-0.170.070.23-0.380.240.16-0.16-0.640.110.110.020.290.85
0.490.130.90.10.090.39-0.250.170.50.840.040.550.040.040.870.430.240.690.37-0.520.770.430.070.180.52
0.80.560.550.680.590.560.160.380.880.560.430.770.080.430.640.760.160.690.04-0.750.930.860.420.10.62
0.140.270.24-0.05-0.080.090.090.31-0.07-0.07-0.020.23-0.08-0.020.00.2-0.160.370.040.040.25-0.020.330.02-0.04
-0.23-0.05-0.37-0.48-0.050.070.280.02-0.84-0.38-0.31-0.170.38-0.31-0.38-0.18-0.64-0.52-0.750.04-0.59-0.58-0.24-0.53-0.92
0.850.640.630.680.590.690.240.430.80.590.490.840.310.490.680.810.110.770.930.25-0.590.870.56-0.130.54
0.840.660.350.860.750.560.350.220.870.340.810.730.390.810.410.80.110.430.86-0.02-0.580.870.66-0.260.52
0.510.71-0.040.810.450.390.50.330.48-0.140.720.430.320.72-0.070.510.020.070.420.33-0.240.560.66-0.320.27
-0.38-0.460.09-0.34-0.58-0.59-0.68-0.20.00.09-0.39-0.38-0.96-0.390.01-0.410.290.180.10.02-0.53-0.13-0.26-0.320.33
0.1-0.050.40.48-0.04-0.05-0.25-0.090.830.420.30.06-0.170.30.410.050.850.520.62-0.04-0.920.540.520.270.33
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Crane NXT Account Relationship Matchups

Crane NXT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B4.5B4.4B2.1B4.2B
Short Long Term Debt Total1.1B1.3B944.5M1.3B694.7M1.1B
Other Current Liab343.8M336.0M381.2M83M110.8M219.3M
Total Current Liabilities916.7M1.1B789.3M1.5B334.4M317.7M
Total Stockholder Equity1.5B1.5B1.8B1.9B964M1.6B
Property Plant And Equipment Net728.9M600.4M555.6M509.9M261.2M500.2M
Current Deferred Revenue88.4M103M101.1M142.9M92.5M79.9M
Net Debt713M777.5M465.9M683M467.5M539.8M
Retained Earnings2.1B2.2B2.5B2.8B120.9M114.9M
Accounts Payable311.1M218.4M273.7M109.6M106.5M181.5M
Cash393.9M551M478.6M657.6M227.2M376.1M
Non Current Assets Total2.9B3.0B2.9B2.6B1.5B2.7B
Non Currrent Assets Other602.4M198.1M259.3M175.6M71M67.5M
Cash And Short Term Investments393.9M551M478.6M657.6M227.2M376.1M
Net Receivables625M447.1M569.7M236.9M214.9M351.7M
Good Will1.5B1.6B1.6B1.5B841.2M1.5B
Common Stock Shares Outstanding60.4M61M56.7M56.7M57.5M46.6M
Liabilities And Stockholders Equity4.4B4.6B4.5B4.4B2.1B4.2B
Non Current Liabilities Total2.0B2.0B1.9B998M831M1.3B
Inventory457.3M438.2M449.1M439.8M157.1M304.2M
Other Current Assets23.7M137.4M45.7M10.1M45.2M48.5M
Other Stockholder Equity(227.2M)(269.9M)(327.2M)(490.5M)889.3M933.8M
Total Liab2.9B3.1B2.7B2.5B1.2B1.9B
Total Current Assets1.5B1.6B1.5B1.8B644.4M1.1B
Accumulated Other Comprehensive Income(483.7M)(466.4M)(440.2M)(503.3M)(118.6M)(124.5M)
Short Term Debt173.4M399.1M22.7M307.1M11.8M11.2M

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Additional Tools for Crane Stock Analysis

When running Crane NXT's price analysis, check to measure Crane NXT's 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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.