CRESW Stock | | | USD 1.18 0.01 0.85% |
Cresud SACIF financial indicator trend analysis is way more than just evaluating Cresud SACIF y prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cresud SACIF y is a good investment. Please check the relationship between Cresud SACIF Total Operating Expenses and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Total Operating Expenses vs Gross Profit
Total Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cresud SACIF y Total Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cresud SACIF's Total Operating Expenses and Gross Profit is 0.98. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Cresud SACIF y, assuming nothing else is changed. The correlation between historical values of Cresud SACIF's Total Operating Expenses and Gross Profit 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 Operating Expenses of Cresud SACIF y are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Operating Expenses i.e., Cresud SACIF's Total Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cresud SACIF y minus its cost of goods sold. It is profit before Cresud SACIF operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Cresud SACIF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cresud SACIF y 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 Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Cresud SACIF's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 14.64 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Cresud SACIF fundamental ratios Correlations
Click cells to compare fundamentals
Cresud SACIF Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cresud SACIF fundamental ratios Accounts
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Additional Tools for Cresud Stock Analysis
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measure Cresud SACIF'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 Cresud SACIF is operating at the current time. Most of Cresud SACIF's value examination focuses on studying past and present price action to
predict the probability of Cresud SACIF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cresud SACIF's price. Additionally, you may evaluate how the addition of Cresud SACIF to your portfolios can decrease your overall portfolio volatility.