Credo Net Receivables vs Total Liab Analysis

MUFTI Stock

179.78 0.23 0.13%

Credo Brands financial indicator trend analysis is way more than just evaluating Credo Brands Marketing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credo Brands Marketing is a good investment. Please check the relationship between Credo Brands Net Receivables and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Credo Brands Marketing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credo Brands Marketing Net Receivables account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Credo Brands' Net Receivables and Total Liab is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Credo Brands Marketing, assuming nothing else is changed. The correlation between historical values of Credo Brands' Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Credo Brands Marketing are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Credo Brands' Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Credo Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credo Brands Marketing 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Credo Brands Marketing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

As of the 29th of November 2024, Selling General Administrative is likely to grow to about 403.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	137.3M	156.2M	216.9M	183.5M
Depreciation And Amortization	458.9M	534.3M	622.6M	565.6M

Interest Expense Depreciation And Amortization

Credo Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments
Total Assets		0.99	0.97	0.99	1.0	1.0	-0.42	0.96	0.96	-0.25	-0.71	1.0	0.93	-0.71	0.94	0.42	0.99	0.97	0.95	-0.81	1.0	1.0	0.95	0.54	0.85	-0.73
Short Long Term Debt Total	0.99		0.98	0.99	0.98	0.99	-0.49	0.98	0.95	-0.3	-0.75	0.99	0.96	-0.75	0.97	0.4	0.99	0.96	0.92	-0.86	1.0	0.99	0.97	0.52	0.87	-0.73
Other Current Liab	0.97	0.98		1.0	0.95	0.95	-0.57	0.94	0.89	-0.41	-0.64	0.96	0.99	-0.64	0.99	0.33	0.95	0.9	0.85	-0.9	0.97	0.97	1.0	0.35	0.87	-0.7
Total Current Liabilities	0.99	0.99	1.0		0.97	0.97	-0.54	0.96	0.92	-0.37	-0.69	0.98	0.98	-0.69	0.98	0.39	0.98	0.93	0.89	-0.89	0.99	0.99	0.99	0.42	0.88	-0.74
Total Stockholder Equity	1.0	0.98	0.95	0.97		0.99	-0.37	0.94	0.95	-0.21	-0.66	0.99	0.91	-0.66	0.91	0.42	0.98	0.97	0.96	-0.78	0.99	1.0	0.94	0.55	0.82	-0.71
Property Plant And Equipment Net	1.0	0.99	0.95	0.97	0.99		-0.39	0.97	0.98	-0.2	-0.76	1.0	0.91	-0.76	0.93	0.41	1.0	0.99	0.96	-0.79	1.0	0.99	0.93	0.61	0.83	-0.71
Current Deferred Revenue	-0.42	-0.49	-0.57	-0.54	-0.37	-0.39		-0.46	-0.24	0.95	0.43	-0.39	-0.67	0.43	-0.67	-0.45	-0.41	-0.25	-0.12	0.87	-0.47	-0.44	-0.62	0.3	-0.78	0.69
Net Debt	0.96	0.98	0.94	0.96	0.94	0.97	-0.46		0.97	-0.24	-0.83	0.97	0.93	-0.83	0.95	0.33	0.98	0.96	0.9	-0.82	0.98	0.95	0.93	0.6	0.82	-0.67
Retained Earnings	0.96	0.95	0.89	0.92	0.95	0.98	-0.24	0.97		-0.02	-0.78	0.97	0.85	-0.78	0.87	0.3	0.97	0.99	0.98	-0.67	0.96	0.94	0.86	0.73	0.72	-0.59
Accounts Payable	-0.25	-0.3	-0.41	-0.37	-0.21	-0.2	0.95	-0.24	-0.02		0.19	-0.21	-0.5	0.19	-0.49	-0.48	-0.22	-0.05	0.06	0.75	-0.29	-0.28	-0.46	0.5	-0.67	0.64
Cash	-0.71	-0.75	-0.64	-0.69	-0.66	-0.76	0.43	-0.83	-0.78	0.19		-0.74	-0.65	1.0	-0.72	-0.5	-0.78	-0.76	-0.69	0.63	-0.75	-0.67	-0.63	-0.72	-0.72	0.68
Non Current Assets Total	1.0	0.99	0.96	0.98	0.99	1.0	-0.39	0.97	0.97	-0.21	-0.74		0.92	-0.74	0.93	0.42	1.0	0.99	0.96	-0.79	1.0	0.99	0.94	0.59	0.84	-0.72
Non Currrent Assets Other	0.93	0.96	0.99	0.98	0.91	0.91	-0.67	0.93	0.85	-0.5	-0.65	0.92		-0.65	1.0	0.32	0.92	0.85	0.78	-0.94	0.95	0.94	1.0	0.27	0.88	-0.7
Cash And Short Term Investments	-0.71	-0.75	-0.64	-0.69	-0.66	-0.76	0.43	-0.83	-0.78	0.19	1.0	-0.74	-0.65		-0.72	-0.5	-0.78	-0.76	-0.69	0.63	-0.75	-0.67	-0.63	-0.72	-0.72	0.68
Net Receivables	0.94	0.97	0.99	0.98	0.91	0.93	-0.67	0.95	0.87	-0.49	-0.72	0.93	1.0	-0.72		0.36	0.93	0.87	0.79	-0.94	0.96	0.94	0.99	0.33	0.9	-0.74
Common Stock Shares Outstanding	0.42	0.4	0.33	0.39	0.42	0.41	-0.45	0.33	0.3	-0.48	-0.5	0.42	0.32	-0.5	0.36		0.44	0.37	0.35	-0.49	0.42	0.42	0.33	0.26	0.71	-0.89
Non Current Liabilities Total	0.99	0.99	0.95	0.98	0.98	1.0	-0.41	0.98	0.97	-0.22	-0.78	1.0	0.92	-0.78	0.93	0.44		0.99	0.95	-0.8	1.0	0.98	0.93	0.61	0.85	-0.73
Inventory	0.97	0.96	0.9	0.93	0.97	0.99	-0.25	0.96	0.99	-0.05	-0.76	0.99	0.85	-0.76	0.87	0.37	0.99		0.99	-0.69	0.97	0.96	0.87	0.71	0.75	-0.64
Other Current Assets	0.95	0.92	0.85	0.89	0.96	0.96	-0.12	0.9	0.98	0.06	-0.69	0.96	0.78	-0.69	0.79	0.35	0.95	0.99		-0.59	0.93	0.93	0.81	0.75	0.67	-0.58
Other Stockholder Equity	-0.81	-0.86	-0.9	-0.89	-0.78	-0.79	0.87	-0.82	-0.67	0.75	0.63	-0.79	-0.94	0.63	-0.94	-0.49	-0.8	-0.69	-0.59		-0.84	-0.83	-0.92	-0.08	-0.95	0.82
Total Liab	1.0	1.0	0.97	0.99	0.99	1.0	-0.47	0.98	0.96	-0.29	-0.75	1.0	0.95	-0.75	0.96	0.42	1.0	0.97	0.93	-0.84		0.99	0.96	0.54	0.87	-0.74
Total Current Assets	1.0	0.99	0.97	0.99	1.0	0.99	-0.44	0.95	0.94	-0.28	-0.67	0.99	0.94	-0.67	0.94	0.42	0.98	0.96	0.93	-0.83	0.99		0.96	0.5	0.86	-0.73
Short Term Debt	0.95	0.97	1.0	0.99	0.94	0.93	-0.62	0.93	0.86	-0.46	-0.63	0.94	1.0	-0.63	0.99	0.33	0.93	0.87	0.81	-0.92	0.96	0.96		0.29	0.88	-0.71
Intangible Assets	0.54	0.52	0.35	0.42	0.55	0.61	0.3	0.6	0.73	0.5	-0.72	0.59	0.27	-0.72	0.33	0.26	0.61	0.71	0.75	-0.08	0.54	0.5	0.29		0.26	-0.28
Common Stock	0.85	0.87	0.87	0.88	0.82	0.83	-0.78	0.82	0.72	-0.67	-0.72	0.84	0.88	-0.72	0.9	0.71	0.85	0.75	0.67	-0.95	0.87	0.86	0.88	0.26		-0.95
Short Term Investments	-0.73	-0.73	-0.7	-0.74	-0.71	-0.71	0.69	-0.67	-0.59	0.64	0.68	-0.72	-0.7	0.68	-0.74	-0.89	-0.73	-0.64	-0.58	0.82	-0.74	-0.73	-0.71	-0.28	-0.95

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Balance Sheet is a snapshot of the financial position of Credo Brands Marketing at a specified time, usually calculated after every quarter, six months, or one year. Credo Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Credo Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Credo currently owns. An asset can also be divided into two categories, current and non-current.

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Credo Net Receivables vs Total Liab Analysis

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

Correlation Coefficient

Net Receivables

Total Liab

Credo Brands fundamental ratios Correlations

Credo Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Credo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total

Short Term Investments	- 0.95	Common Stock
Common Stock	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Net Receivables
Other Stockholder Equity	- 0.94	Non Currrent Assets Other
Short Term Debt	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.9	Other Current Liab