Crane Total Current Assets vs Cash Analysis
CR Stock | | | USD 178.40 0.55 0.31% |
Crane financial indicator trend analysis is way more than just evaluating Crane Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crane Company is a good investment. Please check the relationship between Crane Total Current Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crane Company Total Current Assets account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Crane's Total Current Assets and Cash is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Crane Company, assuming nothing else is changed. The correlation between historical values of Crane's Total Current Assets and Cash 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 Current Assets of Crane Company are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Crane's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Cash
Cash refers to the most liquid asset of Crane Company, which is listed under current asset account on Crane Company balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Crane customers. The amounts must be unrestricted with restricted cash listed in a different Crane account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Crane's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crane Company 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 Crane Company. 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.
At this time, Crane's
Selling General Administrative is relatively stable compared to the past year. As of 06/21/2025,
Tax Provision is likely to grow to about 91.7
M, while
Sales General And Administrative To Revenue is likely to drop 0.26.
Crane fundamental ratios Correlations
Click cells to compare fundamentals
Crane Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crane fundamental ratios Accounts
Additional Tools for Crane Stock Analysis
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