Cross Selling And Marketing Expenses vs Interest Income Analysis

CCRN Stock  USD 10.80  0.14  1.31%   
Cross Country financial indicator trend analysis is way more than just evaluating Cross Country Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cross Country Healthcare is a good investment. Please check the relationship between Cross Country Selling And Marketing Expenses and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling And Marketing Expenses vs Interest Income

Selling And Marketing Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cross Country Healthcare Selling And Marketing Expenses account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cross Country's Selling And Marketing Expenses and Interest Income is 0.2. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of Cross Country Healthcare, assuming nothing else is changed. The correlation between historical values of Cross Country's Selling And Marketing Expenses and Interest 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 Cross Country Healthcare are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling And Marketing Expenses i.e., Cross Country's Selling And Marketing Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Cross Country's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cross Country Healthcare 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 Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Cross Country's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 35.6 M, while Sales General And Administrative To Revenue is likely to drop 0.14.
 2021 2022 2023 2024 (projected)
Gross Profit375.0M627.7M450.4M472.9M
Total Revenue1.7B2.8B2.0B2.1B

Cross Country fundamental ratios Correlations

0.860.56-0.05-0.08-0.040.480.370.870.950.430.880.970.640.770.590.160.670.30.70.960.340.630.610.820.51
0.860.140.17-0.180.20.440.240.490.83-0.030.850.760.590.810.81-0.180.650.480.540.80.290.670.130.750.61
0.560.14-0.35-0.24-0.430.490.610.810.50.770.270.680.370.06-0.280.760.2-0.330.210.51-0.090.320.790.22-0.08
-0.050.17-0.35-0.10.970.180.01-0.25-0.07-0.34-0.14-0.15-0.160.020.15-0.090.240.1-0.03-0.14-0.120.15-0.29-0.20.02
-0.08-0.18-0.24-0.1-0.13-0.81-0.710.04-0.250.43-0.08-0.15-0.25-0.130.09-0.20.3-0.020.33-0.140.77-0.390.230.03-0.2
-0.040.2-0.430.97-0.130.20.03-0.26-0.01-0.43-0.07-0.18-0.150.150.29-0.170.210.230.06-0.08-0.080.15-0.31-0.110.16
0.480.440.490.18-0.810.20.920.40.61-0.10.350.530.610.410.060.430.030.030.090.52-0.540.760.180.350.46
0.370.240.610.01-0.710.030.920.40.490.060.210.440.540.23-0.140.56-0.04-0.140.010.42-0.520.720.280.240.32
0.870.490.81-0.250.04-0.260.40.40.810.750.660.910.520.520.230.450.520.040.670.850.30.430.910.660.27
0.950.830.5-0.07-0.25-0.010.610.490.810.260.90.930.650.860.650.140.470.390.680.990.170.650.530.880.64
0.43-0.030.77-0.340.43-0.43-0.10.060.750.260.150.490.11-0.08-0.220.580.39-0.330.390.340.43-0.030.880.16-0.26
0.880.850.27-0.14-0.08-0.070.350.210.660.90.150.830.510.830.78-0.240.530.410.60.90.390.460.370.880.56
0.970.760.68-0.15-0.15-0.180.530.440.910.930.490.830.610.660.430.260.520.150.590.930.190.590.650.770.39
0.640.590.37-0.16-0.25-0.150.610.540.520.650.110.510.610.630.320.240.340.350.510.650.060.850.320.650.79
0.770.810.060.02-0.130.150.410.230.520.86-0.080.830.660.630.86-0.170.450.70.790.860.270.590.270.910.87
0.590.81-0.280.150.090.290.06-0.140.230.65-0.220.780.430.320.86-0.510.510.740.640.640.490.31-0.010.740.68
0.16-0.180.76-0.09-0.2-0.170.430.560.450.140.58-0.240.260.24-0.17-0.51-0.04-0.440.10.14-0.270.230.56-0.06-0.12
0.670.650.20.240.30.210.03-0.040.520.470.390.530.520.340.450.51-0.040.260.630.520.710.40.430.420.27
0.30.48-0.330.1-0.020.230.03-0.140.040.39-0.330.410.150.350.70.74-0.440.260.550.390.220.24-0.070.420.71
0.70.540.21-0.030.330.060.090.010.670.680.390.60.590.510.790.640.10.630.550.750.590.370.640.770.65
0.960.80.51-0.14-0.14-0.080.520.420.850.990.340.90.930.650.860.640.140.520.390.750.280.610.610.90.63
0.340.29-0.09-0.120.77-0.08-0.54-0.520.30.170.430.390.190.060.270.49-0.270.710.220.590.28-0.120.350.370.13
0.630.670.320.15-0.390.150.760.720.430.65-0.030.460.590.850.590.310.230.40.240.370.61-0.120.180.560.68
0.610.130.79-0.290.23-0.310.180.280.910.530.880.370.650.320.27-0.010.560.43-0.070.640.610.350.180.430.09
0.820.750.22-0.20.03-0.110.350.240.660.880.160.880.770.650.910.74-0.060.420.420.770.90.370.560.430.75
0.510.61-0.080.02-0.20.160.460.320.270.64-0.260.560.390.790.870.68-0.120.270.710.650.630.130.680.090.75
Click cells to compare fundamentals

Cross Country Account Relationship Matchups

Cross Country fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets382.4M357.0M732.8M947.8M679.3M480.8M
Total Stockholder Equity162.6M154.4M297.5M457.2M473.4M281.1M
Net Debt93.9M71.6M194.4M154.1M(11.8M)(11.2M)
Cash1.0M1.6M1.0M3.6M17.1M10.3M
Other Assets18.3M35.8M33.5M36.8M33.1M20.3M
Cash And Short Term Investments1.0M1.6M1.0M3.6M17.1M17.9M
Common Stock Shares Outstanding35.8M36.1M37.4M37.5M35.5M35.2M
Liabilities And Stockholders Equity382.4M357.0M732.8M947.8M679.3M480.8M
Other Stockholder Equity305.6M310.4M321.6M292.9M236.4M280.6M
Total Liab218.9M202.1M435.3M490.6M205.9M199.5M
Total Current Assets183.4M183.1M508.3M675.7M415.2M435.9M
Short Long Term Debt Total94.9M73.2M195.5M157.7M5.3M5.0M
Other Current Liab3.6M23.5M70.4M254.6M113.3M119.0M
Total Current Liabilities85.5M93.4M199.8M271.6M148.6M88.3M
Property Plant And Equipment Net28.8M22.8M23.3M22.9M29.9M18.0M
Current Deferred Revenue31.3M35.5M72.9M100.1M115.1M120.9M
Retained Earnings(141.8M)(154.7M)(22.7M)165.7M238.4M250.3M
Accounts Payable45.7M49.9M109.8M12.9M3.0M2.9M
Non Current Assets Total199.0M173.9M224.5M272.2M264.2M201.9M
Non Currrent Assets Other18.3M(17.4M)7.3M10.4M38.4M40.3M
Long Term Debt71.0M53.4M176.4M148.7M171.0M179.6M
Net Receivables174.5M174.7M499.0M660.0M388.3M407.8M
Good Will101.1M90.9M119.5M163.3M135.4M128.7M
Non Current Liabilities Total133.4M108.6M235.5M219.0M57.3M110.7M
Other Current Assets1.7M6.8M8.3M12.1M9.7M10.2M
Property Plant And Equipment Gross28.8M22.9M23.3M22.9M45.7M48.0M
Accumulated Other Comprehensive Income(1.2M)(1.3M)(1.3M)(1.4M)(1.4M)(1.5M)
Short Term Debt4.9M6.9M12.4M4.1M5.2M6.6M
Intangible Assets50.9M40.7M48.2M44.7M54.5M95.4M
Property Plant Equipment11.8M12.4M23.3M19.7M22.6M15.9M
Other Liab43.4M40.0M48.3M65.4M75.2M78.9M
Inventory6.1M5.5M7.6M11.1M10.0M10.1M
Net Tangible Assets10.7M22.7M129.8M412.5M474.4M498.1M
Noncontrolling Interest In Consolidated Entity630K670K868K534K614.1K463.2K
Retained Earnings Total Equity(141.8M)(154.7M)(22.7M)165.7M190.6M200.1M
Long Term Debt Total71.0M53.4M176.4M148.7M171.0M179.6M

Pair Trading with Cross Country

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cross Country position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cross Country will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cross Stock

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Moving against Cross Stock

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The ability to find closely correlated positions to Cross Country could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cross Country when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cross Country - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cross Country Healthcare to buy it.
The correlation of Cross Country is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cross Country moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cross Country Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cross Country can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cross Country Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cross Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cross Country Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cross Country Healthcare Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cross Country. If investors know Cross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cross Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Earnings Share
(0.05)
Revenue Per Share
42.699
Quarterly Revenue Growth
(0.29)
Return On Assets
0.0127
The market value of Cross Country Healthcare is measured differently than its book value, which is the value of Cross that is recorded on the company's balance sheet. Investors also form their own opinion of Cross Country's value that differs from its market value or its book value, called intrinsic value, which is Cross Country's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cross Country's market value can be influenced by many factors that don't directly affect Cross Country's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cross Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cross Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cross Country's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.