Cross Other Assets vs Net Debt 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 Other Assets and its Net Debt 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.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cross Timbers Royalty Other Assets account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cross Timbers' Other Assets and Net Debt is 0.12. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt 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' Other 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 Other Assets of Cross Timbers Royalty 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 Other Assets i.e., Cross Timbers' Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other 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 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

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Additional Tools for Cross Stock Analysis

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