Critical Total Assets vs Net Debt Analysis

CRE Stock

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

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Critical Elements Total Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Critical Elements' Total Assets and Net Debt is -0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Critical Elements, assuming nothing else is changed. The correlation between historical values of Critical Elements' Total Assets 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 Total Assets of Critical Elements 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 Total Assets i.e., Critical Elements' Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Critical Elements assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Critical Elements books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Critical Elements' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Critical Elements 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 Critical Elements. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Critical Elements' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 279.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	192.6K	1.2M	1.1M	1.2M
Net Interest Income	192.6K	1.2M	1.1M	1.2M

Interest Income Net Interest Income

Critical Elements fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Current Deferred Revenue	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Short Term Investments	Property Plant Equipment	Other Current Assets
Total Assets		0.77	1.0	0.96	-0.89	-0.94	0.96	0.73	0.96	0.24	0.97	0.92	0.74	0.21	0.14	0.48	0.93	0.96	-0.65	0.99	0.58	0.98	0.65	0.87	0.84	0.76
Total Current Liabilities	0.77		0.77	0.63	-0.79	-0.76	0.8	0.86	0.63	-0.07	0.73	0.69	0.72	0.01	0.24	0.42	0.86	0.75	-0.11	0.72	0.41	0.75	0.55	0.51	0.79	0.71
Total Stockholder Equity	1.0	0.77		0.95	-0.92	-0.92	0.97	0.73	0.95	0.27	0.98	0.93	0.71	0.12	0.13	0.4	0.93	0.97	-0.66	0.99	0.51	0.99	0.59	0.89	0.8	0.76
Property Plant And Equipment Net	0.96	0.63	0.95		-0.74	-0.94	0.9	0.53	1.0	0.24	0.89	0.86	0.74	0.34	0.16	0.54	0.79	0.91	-0.73	0.95	0.64	0.93	0.66	0.9	0.81	0.61
Net Debt	-0.89	-0.79	-0.92	-0.74		0.76	-0.91	-0.86	-0.75	-0.26	-0.96	-0.87	-0.57	0.17	-0.09	-0.15	-0.96	-0.89	0.5	-0.89	-0.27	-0.93	-0.42	-0.74	-0.67	-0.86
Retained Earnings	-0.94	-0.76	-0.92	-0.94	0.76		-0.87	-0.71	-0.92	-0.18	-0.86	-0.83	-0.87	-0.42	-0.1	-0.68	-0.86	-0.85	0.49	-0.91	-0.75	-0.9	-0.82	-0.75	-0.92	-0.74
Accounts Payable	0.96	0.8	0.97	0.9	-0.91	-0.87		0.71	0.9	0.18	0.96	0.92	0.64	0.02	0.1	0.33	0.92	0.98	-0.65	0.97	0.42	0.98	0.53	0.87	0.78	0.75
Cash	0.73	0.86	0.73	0.53	-0.86	-0.71	0.71		0.52	0.05	0.75	0.69	0.66	0.0	0.12	0.36	0.92	0.66	-0.05	0.68	0.39	0.73	0.52	0.37	0.7	0.89
Non Current Assets Total	0.96	0.63	0.95	1.0	-0.75	-0.92	0.9	0.52		0.25	0.9	0.87	0.71	0.31	0.15	0.51	0.79	0.93	-0.75	0.96	0.61	0.93	0.64	0.92	0.8	0.6
Non Currrent Assets Other	0.24	-0.07	0.27	0.24	-0.26	-0.18	0.18	0.05	0.25		0.32	0.23	0.09	-0.12	-0.16	-0.15	0.2	0.24	-0.4	0.28	-0.02	0.28	0.23	0.4	0.03	0.25
Cash And Short Term Investments	0.97	0.73	0.98	0.89	-0.96	-0.86	0.96	0.75	0.9	0.32		0.93	0.62	0.03	0.07	0.31	0.95	0.97	-0.67	0.98	0.44	0.99	0.54	0.88	0.76	0.81
Net Receivables	0.92	0.69	0.93	0.86	-0.87	-0.83	0.92	0.69	0.87	0.23	0.93		0.61	0.13	0.12	0.38	0.88	0.92	-0.64	0.92	0.43	0.93	0.53	0.81	0.72	0.82
Common Stock Shares Outstanding	0.74	0.72	0.71	0.74	-0.57	-0.87	0.64	0.66	0.71	0.09	0.62	0.61		0.41	0.23	0.67	0.69	0.59	-0.14	0.65	0.65	0.65	0.8	0.47	0.82	0.66
Non Current Liabilities Total	0.21	0.01	0.12	0.34	0.17	-0.42	0.02	0.0	0.31	-0.12	0.03	0.13	0.41		0.04	0.91	0.05	0.04	-0.03	0.16	0.84	0.11	0.62	0.04	0.49	0.09
Other Stockholder Equity	0.14	0.24	0.13	0.16	-0.09	-0.1	0.1	0.12	0.15	-0.16	0.07	0.12	0.23	0.04		0.14	0.11	0.06	0.03	0.07	0.1	0.07	-0.02	0.02	0.12	0.05
Total Liab	0.48	0.42	0.4	0.54	-0.15	-0.68	0.33	0.36	0.51	-0.15	0.31	0.38	0.67	0.91	0.14		0.38	0.32	-0.03	0.41	0.93	0.38	0.78	0.21	0.76	0.37
Total Current Assets	0.93	0.86	0.93	0.79	-0.96	-0.86	0.92	0.92	0.79	0.2	0.95	0.88	0.69	0.05	0.11	0.38		0.89	-0.42	0.91	0.46	0.93	0.58	0.69	0.79	0.89
Other Current Liab	0.96	0.75	0.97	0.91	-0.89	-0.85	0.98	0.66	0.93	0.24	0.97	0.92	0.59	0.04	0.06	0.32	0.89		-0.72	0.98	0.43	0.98	0.53	0.93	0.77	0.7
Current Deferred Revenue	-0.65	-0.11	-0.66	-0.73	0.5	0.49	-0.65	-0.05	-0.75	-0.4	-0.67	-0.64	-0.14	-0.03	0.03	-0.03	-0.42	-0.72		-0.72	-0.2	-0.69	-0.18	-0.87	-0.29	-0.25
Common Stock	0.99	0.72	0.99	0.95	-0.89	-0.91	0.97	0.68	0.96	0.28	0.98	0.92	0.65	0.16	0.07	0.41	0.91	0.98	-0.72		0.54	0.99	0.6	0.92	0.81	0.74
Other Liab	0.58	0.41	0.51	0.64	-0.27	-0.75	0.42	0.39	0.61	-0.02	0.44	0.43	0.65	0.84	0.1	0.93	0.46	0.43	-0.2	0.54		0.51	0.8	0.37	0.82	0.41
Net Tangible Assets	0.98	0.75	0.99	0.93	-0.93	-0.9	0.98	0.73	0.93	0.28	0.99	0.93	0.65	0.11	0.07	0.38	0.93	0.98	-0.69	0.99	0.51		0.59	0.89	0.8	0.79
Other Assets	0.65	0.55	0.59	0.66	-0.42	-0.82	0.53	0.52	0.64	0.23	0.54	0.53	0.8	0.62	-0.02	0.78	0.58	0.53	-0.18	0.6	0.8	0.59		0.46	0.82	0.58
Short Term Investments	0.87	0.51	0.89	0.9	-0.74	-0.75	0.87	0.37	0.92	0.4	0.88	0.81	0.47	0.04	0.02	0.21	0.69	0.93	-0.87	0.92	0.37	0.89	0.46		0.62	0.49
Property Plant Equipment	0.84	0.79	0.8	0.81	-0.67	-0.92	0.78	0.7	0.8	0.03	0.76	0.72	0.82	0.49	0.12	0.76	0.79	0.77	-0.29	0.81	0.82	0.8	0.82	0.62		0.72
Other Current Assets	0.76	0.71	0.76	0.61	-0.86	-0.74	0.75	0.89	0.6	0.25	0.81	0.82	0.66	0.09	0.05	0.37	0.89	0.7	-0.25	0.74	0.41	0.79	0.58	0.49	0.72

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Critical Elements Account Relationship Matchups

Critical Elements fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.6M	38.7M	65.8M	79.0M	79.3M	83.3M
Total Current Liabilities	673.2K	2.9M	3.0M	4.1M	2.3M	1.3M
Total Stockholder Equity	21.3M	33.7M	60.2M	72.1M	73.6M	77.2M
Property Plant And Equipment Net	26.1M	27.2M	31.2M	40.1M	50.5M	53.0M
Net Debt	5.0M	(5.5M)	(29.8M)	(25.3M)	(22.8M)	(21.7M)
Retained Earnings	(32.8M)	(36.8M)	(46.1M)	(49.4M)	(49.5M)	(47.0M)
Accounts Payable	419.2K	484.6K	2.2M	3.0M	3.5M	3.6M
Cash	1.8M	6.2M	29.8M	25.6M	10.8M	5.7M
Non Current Assets Total	26.1M	27.2M	31.2M	45.5M	56.3M	59.1M
Cash And Short Term Investments	2.9M	9.3M	31.8M	30.8M	35.5M	37.2M
Net Receivables	144.4K	782.8K	2.3M	2.4M	2.8M	2.9M
Common Stock Shares Outstanding	159.1M	176.8M	200.7M	215.2M	217.8M	136.6M
Liabilities And Stockholders Equity	30.6M	38.7M	65.8M	79.0M	90.8M	95.4M
Non Current Liabilities Total	8.6M	2.1M	2.5M	2.8M	3.4M	3.1M
Other Stockholder Equity	9.0M	9.5M	9.6M	10.4M	9.4M	7.6M
Total Liab	9.3M	5.0M	5.5M	6.9M	5.7M	3.9M
Total Current Assets	4.4M	11.5M	34.6M	33.5M	23.0M	24.1M
Other Current Liab	484.6K	2.2M	3.0M	4.1M	4.7M	4.9M
Common Stock	45.1M	60.9M	96.7M	111.0M	127.7M	134.1M
Other Liab	3.3M	3.9M	2.1M	2.5M	2.9M	2.1M
Net Tangible Assets	19.8M	21.3M	33.7M	60.2M	69.3M	72.7M
Short Term Investments	1.1M	3.1M	2.0M	5.3M	10.1M	10.6M
Property Plant Equipment	24.1M	26.1M	27.2M	31.2M	35.9M	22.8M
Other Current Assets	62.7K	85.9K	397.4K	226.3K	260.3K	157.7K
Short Long Term Debt Total	6.8M	694.3K	41.2K	237.3K	213.5K	202.9K
Net Invested Capital	28.0M	34.4M	60.2M	72.1M	73.6M	47.0M
Net Working Capital	3.8M	8.7M	31.5M	29.4M	20.7M	14.4M
Capital Stock	45.1M	60.9M	96.7M	111.0M	111.1M	80.0M

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