Crescent Gross Profit vs Non Recurring Analysis

CRGY Stock

USD 14.87 0.06 0.41%

Crescent Energy financial indicator trend analysis is way more than just evaluating Crescent Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Energy is a good investment. Please check the relationship between Crescent Energy Gross Profit and its Non Recurring accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Energy 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 price.

Gross Profit vs Non Recurring

Gross Profit vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Gross Profit account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.

The correlation between Crescent Energy's Gross Profit and Non Recurring is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Crescent Energy Co, assuming nothing else is changed. The correlation between historical values of Crescent Energy's Gross Profit and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Crescent Energy Co are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Gross Profit i.e., Crescent Energy's Gross Profit and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Crescent Energy Co minus its cost of goods sold. It is profit before Crescent Energy 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.

Non Recurring

Most indicators from Crescent Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent Energy 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 Crescent Energy 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 price.

Tax Provision is likely to rise to about 24.4 M in 2024. Selling General Administrative is likely to rise to about 203 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	50.7M	95.9M	145.8M	79.3M
Depreciation And Amortization	312.8M	532.9M	675.8M	453.4M

Interest Expense Depreciation And Amortization

Crescent Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.67	0.37	0.86	0.85	-0.89	0.78	0.68	0.63	0.65	0.3	0.77	0.37	0.65	-0.4	-0.73	0.37	0.37	0.77	0.58	0.77	0.35	-0.14	0.7	-0.82	0.64
Total Assets	0.67		0.91	0.93	0.95	-0.63	0.97	0.93	1.0	0.96	0.89	0.96	-0.11	1.0	0.0	-0.63	0.91	-0.11	0.99	0.99	0.98	0.87	0.56	0.99	-0.31	0.99
Short Long Term Debt Total	0.37	0.91		0.75	0.79	-0.47	0.83	0.76	0.93	0.87	0.99	0.86	-0.25	0.93	0.35	-0.37	1.0	-0.25	0.85	0.96	0.87	0.86	0.63	0.92	-0.08	0.89
Other Current Liab	0.86	0.93	0.75		0.96	-0.79	0.98	0.91	0.91	0.85	0.69	0.92	0.23	0.91	-0.23	-0.8	0.75	0.23	0.97	0.89	0.95	0.69	0.27	0.94	-0.54	0.92
Total Current Liabilities	0.85	0.95	0.79	0.96		-0.79	0.97	0.88	0.94	0.95	0.76	0.99	-0.01	0.94	-0.07	-0.63	0.8	-0.01	0.98	0.91	0.99	0.72	0.33	0.97	-0.52	0.92
Total Stockholder Equity	-0.89	-0.63	-0.47	-0.79	-0.79		-0.69	-0.48	-0.6	-0.61	-0.4	-0.77	-0.29	-0.61	0.01	0.55	-0.47	-0.29	-0.69	-0.59	-0.74	-0.36	0.28	-0.68	0.9	-0.55
Other Liab	0.78	0.97	0.83	0.98	0.97	-0.69		0.95	0.95	0.92	0.78	0.95	0.08	0.96	-0.14	-0.7	0.83	0.08	0.99	0.94	0.98	0.73	0.43	0.97	-0.38	0.96
Net Tangible Assets	0.68	0.93	0.76	0.91	0.88	-0.48	0.95		0.92	0.86	0.72	0.84	0.03	0.92	-0.32	-0.76	0.75	0.03	0.95	0.89	0.89	0.78	0.59	0.9	-0.21	0.96
Property Plant And Equipment Net	0.63	1.0	0.93	0.91	0.94	-0.6	0.95	0.92		0.96	0.91	0.96	-0.17	1.0	0.05	-0.59	0.93	-0.17	0.98	0.99	0.98	0.89	0.59	0.99	-0.27	0.99
Current Deferred Revenue	0.65	0.96	0.87	0.85	0.95	-0.61	0.92	0.86	0.96		0.87	0.97	-0.3	0.96	0.12	-0.43	0.89	-0.3	0.95	0.94	0.97	0.81	0.56	0.96	-0.29	0.93
Net Debt	0.3	0.89	0.99	0.69	0.76	-0.4	0.78	0.72	0.91	0.87		0.84	-0.37	0.9	0.42	-0.27	1.0	-0.37	0.82	0.94	0.84	0.85	0.68	0.89	-0.01	0.87
Accounts Payable	0.77	0.96	0.86	0.92	0.99	-0.77	0.95	0.84	0.96	0.97	0.84		-0.11	0.96	0.09	-0.53	0.87	-0.11	0.97	0.94	0.99	0.75	0.38	0.98	-0.46	0.92
Cash	0.37	-0.11	-0.25	0.23	-0.01	-0.29	0.08	0.03	-0.17	-0.3	-0.37	-0.11		-0.15	-0.58	-0.55	-0.3	1.0	-0.01	-0.13	-0.06	-0.37	-0.6	-0.09	-0.42	-0.1
Non Current Assets Total	0.65	1.0	0.93	0.91	0.94	-0.61	0.96	0.92	1.0	0.96	0.9	0.96	-0.15		0.04	-0.6	0.93	-0.15	0.98	0.99	0.98	0.88	0.58	0.99	-0.29	0.99
Non Currrent Assets Other	-0.4	0.0	0.35	-0.23	-0.07	0.01	-0.14	-0.32	0.05	0.12	0.42	0.09	-0.58	0.04		0.65	0.37	-0.58	-0.1	0.13	0.01	0.11	0.12	0.06	0.2	-0.08
Other Assets	-0.73	-0.63	-0.37	-0.8	-0.63	0.55	-0.7	-0.76	-0.59	-0.43	-0.27	-0.53	-0.55	-0.6	0.65		-0.35	-0.55	-0.68	-0.55	-0.6	-0.51	-0.08	-0.59	0.52	-0.66
Long Term Debt	0.37	0.91	1.0	0.75	0.8	-0.47	0.83	0.75	0.93	0.89	1.0	0.87	-0.3	0.93	0.37	-0.35		-0.3	0.85	0.96	0.87	0.86	0.64	0.92	-0.08	0.89
Cash And Short Term Investments	0.37	-0.11	-0.25	0.23	-0.01	-0.29	0.08	0.03	-0.17	-0.3	-0.37	-0.11	1.0	-0.15	-0.58	-0.55	-0.3		-0.01	-0.13	-0.06	-0.37	-0.6	-0.09	-0.42	-0.1
Net Receivables	0.77	0.99	0.85	0.97	0.98	-0.69	0.99	0.95	0.98	0.95	0.82	0.97	-0.01	0.98	-0.1	-0.68	0.85	-0.01		0.96	0.99	0.79	0.47	0.99	-0.39	0.98
Non Current Liabilities Total	0.58	0.99	0.96	0.89	0.91	-0.59	0.94	0.89	0.99	0.94	0.94	0.94	-0.13	0.99	0.13	-0.55	0.96	-0.13	0.96		0.96	0.86	0.58	0.99	-0.23	0.97
Capital Lease Obligations	0.77	0.98	0.87	0.95	0.99	-0.74	0.98	0.89	0.98	0.97	0.84	0.99	-0.06	0.98	0.01	-0.6	0.87	-0.06	0.99	0.96		0.78	0.42	0.99	-0.43	0.96
Inventory	0.35	0.87	0.86	0.69	0.72	-0.36	0.73	0.78	0.89	0.81	0.85	0.75	-0.37	0.88	0.11	-0.51	0.86	-0.37	0.79	0.86	0.78		0.71	0.83	-0.11	0.88
Other Current Assets	-0.14	0.56	0.63	0.27	0.33	0.28	0.43	0.59	0.59	0.56	0.68	0.38	-0.6	0.58	0.12	-0.08	0.64	-0.6	0.47	0.58	0.42	0.71		0.5	0.57	0.62
Total Liab	0.7	0.99	0.92	0.94	0.97	-0.68	0.97	0.9	0.99	0.96	0.89	0.98	-0.09	0.99	0.06	-0.59	0.92	-0.09	0.99	0.99	0.99	0.83	0.5		-0.35	0.97
Net Invested Capital	-0.82	-0.31	-0.08	-0.54	-0.52	0.9	-0.38	-0.21	-0.27	-0.29	-0.01	-0.46	-0.42	-0.29	0.2	0.52	-0.08	-0.42	-0.39	-0.23	-0.43	-0.11	0.57	-0.35		-0.23
Property Plant And Equipment Gross	0.64	0.99	0.89	0.92	0.92	-0.55	0.96	0.96	0.99	0.93	0.87	0.92	-0.1	0.99	-0.08	-0.66	0.89	-0.1	0.98	0.97	0.96	0.88	0.62	0.97	-0.23

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Crescent Energy Account Relationship Matchups

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When running Crescent Energy's price analysis, check to measure Crescent Energy'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 Crescent Energy is operating at the current time. Most of Crescent Energy's value examination focuses on studying past and present price action to predict the probability of Crescent Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Energy's price. Additionally, you may evaluate how the addition of Crescent Energy to your portfolios can decrease your overall portfolio volatility.

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Crescent Gross Profit vs Non Recurring Analysis

Gross Profit vs Non Recurring

Gross Profit vs Non Recurring Correlation Analysis

Correlation Coefficient

Gross Profit

Non Recurring

Crescent Energy fundamental ratios Correlations

Crescent Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Crescent Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Total Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Net Invested Capital	- 0.82	Common Stock Shares Outstanding
Other Assets	- 0.8	Other Current Liab
Total Stockholder Equity	- 0.79	Total Current Liabilities
Total Stockholder Equity	- 0.79	Other Current Liab
Accounts Payable	- 0.77	Total Stockholder Equity