Cricut Intangible Assets vs Capital Stock Analysis

CRCT Stock  USD 6.57  0.20  3.14%   
Cricut financial indicator trend analysis is way more than just evaluating Cricut Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cricut Inc is a good investment. Please check the relationship between Cricut Intangible Assets and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Intangible Assets vs Capital Stock

Intangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cricut Inc Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Cricut's Intangible Assets and Capital Stock is -0.93. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Cricut Inc, assuming nothing else is changed. The correlation between historical values of Cricut's Intangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Cricut Inc are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., Cricut's Intangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Cricut's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cricut Inc 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 Cricut Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Cricut's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 49.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit457.5M349.9M343.3M318.4M
Total Revenue1.3B886.3M765.1M869.6M

Cricut fundamental ratios Correlations

-0.90.890.820.990.910.950.990.94-0.990.950.420.990.880.70.520.830.980.910.940.090.580.960.910.860.86
-0.9-0.83-0.81-0.87-0.94-0.89-0.86-0.930.94-0.92-0.48-0.91-0.85-0.72-0.39-0.76-0.93-0.87-0.98-0.36-0.4-0.78-0.77-0.62-0.84
0.89-0.830.720.880.830.830.920.87-0.890.880.220.890.880.780.80.750.930.750.860.090.430.790.720.730.75
0.82-0.810.720.720.630.640.730.73-0.870.750.810.840.540.410.330.740.750.960.840.040.060.830.590.551.0
0.99-0.870.880.720.930.970.990.94-0.960.940.290.980.920.730.550.80.980.850.910.10.680.930.940.890.77
0.91-0.940.830.630.930.980.920.97-0.90.930.220.90.960.80.460.790.960.750.940.270.660.760.850.70.68
0.95-0.890.830.640.970.980.960.97-0.910.940.220.920.960.760.470.840.970.780.920.110.750.850.90.790.69
0.99-0.860.920.730.990.920.960.95-0.960.950.270.970.930.760.60.820.990.840.910.050.660.930.90.880.77
0.94-0.930.870.730.940.970.970.95-0.930.970.30.920.960.830.440.90.970.810.970.070.650.820.80.690.77
-0.990.94-0.89-0.87-0.96-0.9-0.91-0.96-0.93-0.94-0.49-0.99-0.84-0.68-0.52-0.8-0.97-0.95-0.96-0.18-0.46-0.94-0.88-0.82-0.9
0.95-0.920.880.750.940.930.940.950.97-0.940.290.930.930.870.430.850.960.830.930.090.630.850.820.760.8
0.42-0.480.220.810.290.220.220.270.3-0.490.290.460.03-0.14-0.10.430.30.740.50.04-0.320.510.240.160.78
0.99-0.910.890.840.980.90.920.970.92-0.990.930.460.850.660.550.790.970.930.940.160.50.960.910.860.87
0.88-0.850.880.540.920.960.960.930.96-0.840.930.030.850.890.570.810.950.640.880.090.740.720.780.70.59
0.7-0.720.780.410.730.80.760.760.83-0.680.87-0.140.660.890.440.650.790.460.710.090.660.530.570.540.46
0.52-0.390.80.330.550.460.470.60.44-0.520.43-0.10.550.570.440.320.580.340.430.080.190.450.440.550.34
0.83-0.760.750.740.80.790.840.820.9-0.80.850.430.790.810.650.320.830.750.87-0.320.560.770.590.520.78
0.98-0.930.930.750.980.960.970.990.97-0.970.960.30.970.950.790.580.830.840.960.150.620.880.880.810.79
0.91-0.870.750.960.850.750.780.840.81-0.950.830.740.930.640.460.340.750.840.90.130.260.930.780.720.97
0.94-0.980.860.840.910.940.920.910.97-0.960.930.50.940.880.710.430.870.960.90.170.460.840.780.650.87
0.09-0.360.090.040.10.270.110.050.07-0.180.090.040.160.090.090.08-0.320.150.130.17-0.18-0.040.260.090.03
0.58-0.40.430.060.680.660.750.660.65-0.460.63-0.320.50.740.660.190.560.620.260.46-0.180.510.680.630.14
0.96-0.780.790.830.930.760.850.930.82-0.940.850.510.960.720.530.450.770.880.930.84-0.040.510.890.90.87
0.91-0.770.720.590.940.850.90.90.8-0.880.820.240.910.780.570.440.590.880.780.780.260.680.890.940.63
0.86-0.620.730.550.890.70.790.880.69-0.820.760.160.860.70.540.550.520.810.720.650.090.630.90.940.6
0.86-0.840.751.00.770.680.690.770.77-0.90.80.780.870.590.460.340.780.790.970.870.030.140.870.630.6
Click cells to compare fundamentals

Cricut Account Relationship Matchups

Cricut fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets317.6M581.4M1.0B949.6M761.6M707.3M
Other Current Liab29.1M71.3M69.4M150.6M74.1M76.2M
Total Current Liabilities175.6M346.5M308.4M254.1M196.5M261.6M
Total Stockholder Equity121.1M228.9M674.0M672.7M534.9M423.8M
Other Liab3.1M6.0M8.1M8.9M10.2M6.6M
Net Tangible Assets118.1M226.6M674.0M672.7M773.6M388.7M
Property Plant And Equipment Net25.3M33.4M70.9M80.5M60.0M52.5M
Current Deferred Revenue13.1M23.5M30.5M34.9M40.3M27.8M
Net Debt48.8M(122.2M)(222.1M)(205.6M)(128.0M)(134.4M)
Retained Earnings(338.6M)(184.0M)(43.6M)17.1M28.5M29.9M
Accounts Payable95.8M251.7M204.7M63.2M76.9M103.3M
Cash6.7M122.2M241.6M224.9M142.2M136.3M
Non Current Assets Total30.5M42.6M78.2M138.4M141.6M83.2M
Non Currrent Assets Other689K3.8M2.5M33.3M35.4M37.1M
Other Assets2.1M6.9M5.7M57.1M1.00.95
Cash And Short Term Investments6.7M122.2M241.6M299.2M245.1M168.8M
Net Receivables65.4M162.9M199.5M136.5M111.2M135.1M
Common Stock Shares Outstanding3.2M223.4M221.9M220.6M219.7M203.5M
Liabilities And Stockholders Equity317.6M581.4M1.0B949.6M761.6M707.3M
Non Current Liabilities Total20.9M6.0M23.9M22.8M30.3M21.9M
Inventory213.2M248.7M454.2M351.7M244.5M303.9M
Other Current Assets1.9M4.9M32.8M23.8M19.1M16.3M
Other Stockholder Equity459.8M412.7M717.4M673.0M505.9M591.5M
Total Liab196.5M352.5M332.3M276.9M226.7M283.6M
Net Invested Capital176.6M228.9M674.0M672.7M534.9M442.1M
Property Plant And Equipment Gross25.3M33.4M53.3M63.4M162.8M170.9M
Total Current Assets287.2M538.8M928.1M811.3M620.0M624.1M
Accumulated Other Comprehensive Income(28K)9K(55K)(475K)277K290.9K
Non Current Liabilities Other863K3.2M15.8M5.1M6.9M6.0M
Net Working Capital111.6M192.3M619.7M557.2M423.5M362.5M
Intangible Assets3.0M2.3M1.5M760K684K649.8K
Property Plant Equipment25.3M33.4M53.3M63.4M72.9M42.1M

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