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 Extraordinary Items and its Other Operating Expenses 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.
Extraordinary Items vs Other Operating Expenses
Extraordinary Items vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crane NXT Extraordinary Items account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Crane NXT's Extraordinary Items and Other Operating Expenses is 0.59. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Other Operating Expenses 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 Extraordinary Items and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Crane NXT Co are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Extraordinary Items i.e., Crane NXT's Extraordinary Items and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Extraordinary Items
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Crane NXT. It is also known as Crane NXT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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
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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