Cross Common Stock vs Short Term Investments Analysis

CRT Stock  USD 11.06  0.21  1.94%   
Cross Timbers financial indicator trend analysis is way more than just evaluating Cross Timbers Royalty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cross Timbers Royalty is a good investment. Please check the relationship between Cross Timbers Common Stock and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Timbers Royalty. 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.

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cross Timbers Royalty Common Stock account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cross Timbers' Common Stock and Short Term Investments is -0.28. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Cross Timbers Royalty, assuming nothing else is changed. The correlation between historical values of Cross Timbers' Common Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Cross Timbers Royalty are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock i.e., Cross Timbers' Common Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Short Term Investments

Short Term Investments is an item under the current assets section of Cross Timbers balance sheet. It contains any investments Cross Timbers Royalty undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cross Timbers Royalty can easily liquidate in the marketplace.
Most indicators from Cross Timbers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cross Timbers Royalty 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 Timbers Royalty. 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.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 449.5 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.4M12.5M12.4M13.4M
Total Revenue7.4M12.5M12.4M13.4M

Cross Timbers fundamental ratios Correlations

1.00.97-0.90.96-0.280.86-0.730.90.951.00.27-0.290.99-0.29-0.29-0.04-0.040.240.430.50.540.50.54-0.5-0.51
1.00.97-0.890.96-0.290.85-0.740.90.941.00.28-0.310.99-0.31-0.31-0.04-0.040.230.440.510.550.510.55-0.51-0.52
0.970.97-0.961.0-0.160.83-0.610.960.980.960.14-0.10.93-0.1-0.10.010.010.410.220.280.390.280.35-0.34-0.35
-0.9-0.89-0.96-0.960.06-0.670.54-0.94-0.95-0.89-0.040.03-0.840.030.03-0.04-0.04-0.46-0.09-0.13-0.29-0.13-0.220.240.24
0.960.961.0-0.96-0.130.82-0.590.960.980.960.12-0.080.92-0.08-0.080.030.030.440.20.250.380.250.33-0.33-0.33
-0.28-0.29-0.160.06-0.13-0.150.33-0.03-0.15-0.3-0.980.38-0.340.380.380.750.750.67-0.45-0.62-0.29-0.63-0.630.340.4
0.860.850.83-0.670.82-0.15-0.610.780.810.850.14-0.230.85-0.23-0.230.210.210.260.510.420.60.410.55-0.57-0.57
-0.73-0.74-0.610.54-0.590.33-0.61-0.6-0.63-0.75-0.280.85-0.790.850.850.00.00.11-0.68-0.74-0.7-0.74-0.70.810.79
0.90.90.96-0.940.96-0.030.78-0.60.990.89-0.03-0.090.85-0.09-0.090.150.150.540.130.150.350.140.21-0.31-0.28
0.950.940.98-0.950.98-0.150.81-0.630.990.940.11-0.120.9-0.12-0.120.050.050.440.190.240.380.240.31-0.35-0.33
1.01.00.96-0.890.96-0.30.85-0.750.890.940.29-0.320.99-0.32-0.32-0.07-0.070.220.440.520.540.520.54-0.5-0.52
0.270.280.14-0.040.12-0.980.14-0.28-0.030.110.29-0.340.34-0.34-0.34-0.77-0.77-0.70.450.640.270.640.65-0.31-0.39
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.34-0.391.01.00.080.080.48-0.75-0.8-0.63-0.79-0.70.80.79
0.990.990.93-0.840.92-0.340.85-0.790.850.90.990.34-0.39-0.39-0.39-0.07-0.070.140.530.60.610.60.62-0.57-0.59
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.341.0-0.391.00.080.080.48-0.75-0.8-0.63-0.79-0.70.80.79
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.341.0-0.391.00.080.080.48-0.75-0.8-0.63-0.8-0.70.80.79
-0.04-0.040.01-0.040.030.750.210.00.150.05-0.07-0.770.08-0.070.080.081.00.53-0.07-0.320.33-0.34-0.11-0.24-0.17
-0.04-0.040.01-0.040.030.750.210.00.150.05-0.07-0.770.08-0.070.080.081.00.53-0.07-0.320.33-0.34-0.11-0.24-0.17
0.240.230.41-0.460.440.670.260.110.540.440.22-0.70.480.140.480.480.530.53-0.49-0.55-0.23-0.56-0.530.290.35
0.430.440.22-0.090.2-0.450.51-0.680.130.190.440.45-0.750.53-0.75-0.75-0.07-0.07-0.490.870.740.860.83-0.75-0.78
0.50.510.28-0.130.25-0.620.42-0.740.150.240.520.64-0.80.6-0.8-0.8-0.32-0.32-0.550.870.681.00.86-0.71-0.75
0.540.550.39-0.290.38-0.290.6-0.70.350.380.540.27-0.630.61-0.63-0.630.330.33-0.230.740.680.670.87-0.92-0.92
0.50.510.28-0.130.25-0.630.41-0.740.140.240.520.64-0.790.6-0.79-0.8-0.34-0.34-0.560.861.00.670.85-0.7-0.74
0.540.550.35-0.220.33-0.630.55-0.70.210.310.540.65-0.70.62-0.7-0.7-0.11-0.11-0.530.830.860.870.85-0.88-0.93
-0.5-0.51-0.340.24-0.330.34-0.570.81-0.31-0.35-0.5-0.310.8-0.570.80.8-0.24-0.240.29-0.75-0.71-0.92-0.7-0.880.99
-0.51-0.52-0.350.24-0.330.4-0.570.79-0.28-0.33-0.52-0.390.79-0.590.790.79-0.17-0.170.35-0.78-0.75-0.92-0.74-0.930.99
Click cells to compare fundamentals

Cross Timbers Account Relationship Matchups

Cross Timbers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7M8.9M5.1M4.9M4.5M4.3M
Total Stockholder Equity8.2M7.5M3.3M3.0M2.7M2.5M
Non Currrent Assets Other(8.2M)(7.5M)(3.3M)(3.0M)(3.4M)(3.6M)
Liabilities And Stockholders Equity9.7M8.9M5.1M4.9M4.5M4.3M
Other Stockholder Equity8.5M(16.3M)(15.0M)3.3M2.9M2.8M
Total Liab1.5M1.4M1.8M1.9M1.9M1.4M
Common Stock8.2M7.5M3.3M3.0M2.7M2.5M
Net Debt(1.5M)(1.4M)(1.8M)(1.9M)(1.9B)(1.8B)
Cash1.5M1.4M1.8M1.9M1.9M1.5M
Non Current Assets Total8.2M7.5M3.3M3.0M2.7M2.5M
Cash And Short Term Investments1.5M1.4M1.8M1.9M1.9M1.5M
Total Current Assets1.5M1.4M1.8M1.9M1.9M1.5M
Other Current Liab503.0K372.8K822.8K902.0K1.9M2.0M
Total Current Liabilities503.0K372.8K822.8K902.0K1.9M2.0M
Net Tangible Assets8.5M8.2M7.5M3.3M2.9M2.8M
Long Term Investments8.2M7.5M3.3M3.0M2.7M2.5M
Cash And Equivalents1.5M1.4M1.8M1.9M2.2M1.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cross Stock Analysis

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