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 Ebit and its Depreciation And Amortization 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.
Ebit vs Depreciation And Amortization
Ebit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crane NXT Ebit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Crane NXT's Ebit and Depreciation And Amortization is -0.16. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization 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 Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Crane NXT Co are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., Crane NXT's Ebit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
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.
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 Expense | 46.9M | 52.2M | 50.6M | 50.5M | Depreciation And Amortization | 121.1M | 78.7M | 77.6M | 105.8M |
Crane NXT fundamental ratios Correlations
Click cells to compare fundamentals
Crane NXT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crane NXT fundamental ratios Accounts
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Additional Tools for Crane Stock Analysis
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