Crane Other Operating Expenses vs Total Revenue 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 Other Operating Expenses and its Total Revenue 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.

Other Operating Expenses vs Total Revenue

Other Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crane NXT Other Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Crane NXT's Other Operating Expenses and Total Revenue is 0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue 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 Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Crane NXT Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Crane NXT's Other Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Revenue

Total revenue comprises all receipts Crane NXT generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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

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