Crane Total Liab vs Other Stockholder Equity Analysis

CR Stock  USD 156.41  0.49  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 Liab and its Other Stockholder Equity 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 Liab vs Other Stockholder Equity

Total Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crane Company Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Crane's Total Liab and Other Stockholder Equity is -0.47. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity 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 Liab and Other Stockholder Equity 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 Liab of Crane Company are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Crane's Total Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Stockholder Equity

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 Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 10/09/2024, Enterprise Value Multiple is likely to grow to 21.72, while Selling General Administrative is likely to drop slightly above 764.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.2B3.4B2.1B2.3B
Depreciation And Amortization119.5M39.6M39.3M62.7M

Crane fundamental ratios Correlations

0.870.610.820.890.760.610.950.720.990.920.720.930.790.80.940.68-0.580.960.950.480.890.870.28-0.070.87
0.870.580.870.740.760.820.870.60.890.740.60.740.50.630.750.72-0.630.860.760.690.880.750.47-0.030.95
0.610.580.640.730.780.380.70.490.560.450.490.540.280.250.60.67-0.330.470.670.310.60.570.27-0.440.66
0.820.870.640.830.70.560.890.760.790.670.760.690.470.380.780.74-0.850.720.830.840.650.710.720.00.81
0.890.740.730.830.720.430.930.740.830.840.740.850.670.470.90.68-0.650.720.940.50.720.810.44-0.20.76
0.760.760.780.70.720.660.760.370.780.620.370.710.380.530.760.81-0.390.710.680.350.790.720.26-0.150.82
0.610.820.380.560.430.660.550.120.70.590.120.540.350.550.520.6-0.370.660.390.410.830.560.280.190.71
0.950.870.70.890.930.760.550.790.910.820.790.850.660.630.890.75-0.720.860.960.590.80.850.49-0.150.86
0.720.60.490.760.740.370.120.790.630.561.00.590.610.390.620.44-0.620.630.860.670.460.570.43-0.220.56
0.990.890.560.790.830.780.70.910.630.920.630.930.770.840.930.67-0.540.970.890.450.920.870.24-0.020.88
0.920.740.450.670.840.620.590.820.560.920.560.910.840.770.940.56-0.480.870.840.330.830.790.150.030.72
0.720.60.490.760.740.370.120.791.00.630.560.590.610.390.620.44-0.620.630.860.670.460.570.43-0.220.56
0.930.740.540.690.850.710.540.850.590.930.910.590.840.760.930.46-0.460.870.850.290.830.960.16-0.120.77
0.790.50.280.470.670.380.350.660.610.770.840.610.840.750.780.25-0.330.770.750.170.650.77-0.02-0.030.43
0.80.630.250.380.470.530.550.630.390.840.770.390.760.750.70.38-0.130.910.640.070.810.67-0.220.030.64
0.940.750.60.780.90.760.520.890.620.930.940.620.930.780.70.68-0.590.870.90.390.770.850.28-0.050.76
0.680.720.670.740.680.810.60.750.440.670.560.440.460.250.380.68-0.590.610.660.560.620.440.48-0.040.7
-0.58-0.63-0.33-0.85-0.65-0.39-0.37-0.72-0.62-0.54-0.48-0.62-0.46-0.33-0.13-0.59-0.59-0.47-0.63-0.82-0.32-0.52-0.92-0.17-0.5
0.960.860.470.720.720.710.660.860.630.970.870.630.870.770.910.870.61-0.470.840.420.890.810.150.020.84
0.950.760.670.830.940.680.390.960.860.890.840.860.850.750.640.90.66-0.630.840.530.750.80.36-0.170.77
0.480.690.310.840.50.350.410.590.670.450.330.670.290.170.070.390.56-0.820.420.530.330.350.830.020.54
0.890.880.60.650.720.790.830.80.460.920.830.460.830.650.810.770.62-0.320.890.750.330.790.1-0.030.88
0.870.750.570.710.810.720.560.850.570.870.790.570.960.770.670.850.44-0.520.810.80.350.790.29-0.180.76
0.280.470.270.720.440.260.280.490.430.240.150.430.16-0.02-0.220.280.48-0.920.150.360.830.10.290.130.34
-0.07-0.03-0.440.0-0.2-0.150.19-0.15-0.22-0.020.03-0.22-0.12-0.030.03-0.05-0.04-0.170.02-0.170.02-0.03-0.180.13-0.15
0.870.950.660.810.760.820.710.860.560.880.720.560.770.430.640.760.7-0.50.840.770.540.880.760.34-0.15
Click cells to compare fundamentals

Crane Account Relationship Matchups

Crane fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B4.5B4.4B2.3B2.4B
Short Long Term Debt Total991.4M1.2B842.4M1.2B315.6M541.2M
Other Current Liab361.3M359.5M424.9M349.1M221M161.6M
Total Current Liabilities913.6M1.1B795.2M1.5B467.1M493.7M
Total Stockholder Equity1.5B1.5B1.8B1.9B1.4B876.9M
Property Plant And Equipment Net615.8M600.4M527.3M509.9M270.5M325.9M
Net Debt597.5M667.6M363.8M585.4M(14M)(13.3M)
Retained Earnings2.1B2.2B2.5B2.8B960.7M1.0B
Cash393.9M551M478.6M657.6M329.6M215.1M
Non Current Assets Total2.9B3.0B2.7B2.7B1.2B1.4B
Non Currrent Assets Other766.1M733.3M742.6M654.3M539.1M334.1M
Cash And Short Term Investments393.9M551M478.6M657.6M329.6M215.1M
Net Receivables574.7M447.1M486.1M474.7M370M339.9M
Liabilities And Stockholders Equity4.4B4.6B4.5B4.4B2.3B2.4B
Non Current Liabilities Total2.0B2.0B1.9B1.0B506.2M990.0M
Inventory456.7M438.7M440.9M439.8M353.1M323.6M
Other Current Assets75.2M137.4M118.1M126.5M38.1M40.6M
Other Stockholder Equity(224.6M)(267.7M)(324.4M)(1.7B)1.9M2.0M
Total Liab3.0B3.1B2.7B2.5B973.3M1.5B
Total Current Assets1.5B1.6B1.7B1.7B1.1B931.5M
Accumulated Other Comprehensive Income(483.7M)(466.4M)(440.2M)(131.5M)(58M)(60.9M)
Short Term Debt149.4M375.7M22.5M699.3M10.8M10.3M
Intangible Assets505.1M520.3M465.9M344.9M87.9M83.5M
Accounts Payable314.5M218.4M246.7M286.6M179.1M175.8M
Current Deferred Revenue88.4M103M101.1M142.9M56.2M53.4M
Good Will1.5B1.6B1.4B1.5B747.7M1.2B

Pair Trading with Crane

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crane position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crane will appreciate offsetting losses from the drop in the long position's value.

Moving together with Crane Stock

  0.66IR Ingersoll RandPairCorr
The ability to find closely correlated positions to Crane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crane - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crane Company to buy it.
The correlation of Crane is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crane can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Crane Stock Analysis

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