Crane Short Term Debt vs Net Debt 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 Short Term Debt and its Net Debt 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.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crane NXT Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Crane NXT's Short Term Debt and Net Debt is 0.33. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt 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 Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Crane NXT Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Crane NXT's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.