CXT Stock | | | 62.77 0.47 0.74% |
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 Selling And Marketing Expenses and its Net Income 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.
Selling And Marketing Expenses vs Net Income
Selling And Marketing Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crane NXT Selling And Marketing Expenses account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Crane NXT's Selling And Marketing Expenses and Net Income is 0.28. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Income 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 Selling And Marketing Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Crane NXT Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling And Marketing Expenses i.e., Crane NXT's Selling And Marketing Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Crane NXT financial statement analysis. It represents the amount of money remaining after all of Crane NXT Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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