Cresud Accounts Payable vs Total Current Assets Analysis

CRESW Stock  USD 1.00  0.08  8.70%   
Cresud SACIF financial indicator trend analysis is way more than just evaluating Cresud SACIF y prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cresud SACIF y is a good investment. Please check the relationship between Cresud SACIF Accounts Payable and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cresud SACIF y Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cresud SACIF's Accounts Payable and Total Current Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Cresud SACIF y, assuming nothing else is changed. The correlation between historical values of Cresud SACIF's Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cresud SACIF y are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Cresud SACIF's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Cresud SACIF obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cresud SACIF y are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most indicators from Cresud SACIF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cresud SACIF y 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 Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Cresud SACIF's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 14.64 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue206.6B190.4B711.4B746.9B
Depreciation And Amortization1.5B4.3B10.6B11.1B

Cresud SACIF fundamental ratios Correlations

0.040.990.980.990.940.660.850.751.01.00.920.850.140.980.98-0.010.920.990.990.210.950.930.970.860.92
0.040.070.00.040.1-0.22-0.490.150.040.020.11-0.48-0.280.070.031.00.370.070.07-0.220.190.110.05-0.440.12
0.990.070.960.980.940.690.820.790.990.990.930.830.180.970.970.010.910.990.990.240.940.930.950.860.96
0.980.00.960.990.860.720.860.60.980.990.820.860.10.921.0-0.050.930.940.930.170.90.830.940.840.9
0.990.040.980.990.910.690.850.681.00.990.870.860.10.961.0-0.010.930.970.960.180.940.880.950.850.9
0.940.10.940.860.910.490.750.910.930.920.990.770.170.990.870.040.830.980.980.210.971.00.950.80.84
0.66-0.220.690.720.690.490.710.310.680.680.480.70.30.560.7-0.250.580.610.60.210.530.470.590.720.76
0.85-0.490.820.860.850.750.710.540.850.860.721.00.250.810.84-0.540.610.820.810.280.730.730.810.970.73
0.750.150.790.60.680.910.310.540.730.710.930.560.220.850.630.090.610.830.840.260.810.930.750.660.71
1.00.040.990.981.00.930.680.850.731.00.910.860.140.970.99-0.020.920.990.980.210.950.910.970.860.92
1.00.020.990.990.990.920.680.860.711.00.90.860.150.970.99-0.030.920.980.970.220.930.90.960.870.93
0.920.110.930.820.870.990.480.720.930.910.90.740.20.970.840.050.80.960.970.230.941.00.930.790.85
0.85-0.480.830.860.860.770.71.00.560.860.860.740.250.820.85-0.530.620.830.820.280.740.750.820.980.73
0.14-0.280.180.10.10.170.30.250.220.140.150.20.250.150.1-0.28-0.010.160.150.920.060.180.150.310.23
0.980.070.970.920.960.990.560.810.850.970.970.970.820.150.930.020.881.01.00.220.970.980.970.830.88
0.980.030.971.01.00.870.70.840.630.990.990.840.850.10.93-0.010.940.950.940.190.910.840.930.840.91
-0.011.00.01-0.05-0.010.04-0.25-0.540.09-0.02-0.030.05-0.53-0.280.02-0.010.330.020.02-0.220.130.050.0-0.480.09
0.920.370.910.930.930.830.580.610.610.920.920.80.62-0.010.880.940.330.90.890.090.90.80.880.620.89
0.990.070.990.940.970.980.610.820.830.990.980.960.830.161.00.950.020.91.00.230.970.970.970.850.91
0.990.070.990.930.960.980.60.810.840.980.970.970.820.151.00.940.020.891.00.210.970.970.970.850.9
0.21-0.220.240.170.180.210.210.280.260.210.220.230.280.920.220.19-0.220.090.230.210.120.220.170.340.25
0.950.190.940.90.940.970.530.730.810.950.930.940.740.060.970.910.130.90.970.970.120.950.950.740.83
0.930.110.930.830.881.00.470.730.930.910.91.00.750.180.980.840.050.80.970.970.220.950.930.790.83
0.970.050.950.940.950.950.590.810.750.970.960.930.820.150.970.930.00.880.970.970.170.950.930.810.88
0.86-0.440.860.840.850.80.720.970.660.860.870.790.980.310.830.84-0.480.620.850.850.340.740.790.810.8
0.920.120.960.90.90.840.760.730.710.920.930.850.730.230.880.910.090.890.910.90.250.830.830.880.8
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Cresud SACIF Account Relationship Matchups

Cresud SACIF fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0T556.2B1.1T1.1T3.5T3.6T
Other Current Liab37.6B4.5B7.9B(492.0B)36.9B38.8B
Total Current Liabilities259.6B115.5B318.1B195.0B657.6B690.5B
Total Stockholder Equity37.8B53.2B177.4B209.7B696.2B731.1B
Property Plant And Equipment Net123.0B72.8B142.8B164.3B590.5B620.0B
Net Debt508.8B159.6B249.8B246.8B787.7B827.1B
Retained Earnings3.1B(15.8B)45.6B35.2B45.8B48.1B
Accounts Payable53.8B32.1B66.7B282.1B248.5B260.9B
Cash151.6B45.1B75.3B38.9B114.6B120.4B
Non Current Assets Total684.8B441.4B897.3B854.4B2.8T2.9T
Non Currrent Assets Other399.9B339.5B704.7B637.0B1.9T2.0T
Cash And Short Term Investments184.0B47.5B116.4B82.8B260.7B273.8B
Net Receivables66.1B37.5B71.9B293.4B264.0B277.2B
Common Stock Shares Outstanding56.3M54.9M72.4M69.9M59.2M51.4M
Liabilities And Stockholders Equity1.0T556.2B1.1T1.1T3.5T3.6T
Non Current Liabilities Total588.7B267.0B377.0B391.3B1.3T1.3T
Inventory17.8B28.7B48.8B46.9B175.0B183.7B
Other Current Assets2.8B1.0B6.5B(208.1B)6.7B7.1B
Other Stockholder Equity31.0B58.7B127.4B(108.7B)468.2B491.6B
Total Liab848.3B382.5B695.1B586.3B1.9T2.0T
Total Current Assets347.0B114.8B243.6B214.9B706.4B741.7B
Accumulated Other Comprehensive Income3.2B9.8B3.9B50.3B181.7B190.8B
Intangible Assets33.6B4.3B7.9B8.7B67.7B71.1B
Short Long Term Debt Total660.4B204.7B325.0B285.7B902.3B947.4B
Short Term Investments32.4B2.3B41.1B43.8B146.1B153.4B
Short Term Debt156.3B77.1B210.3B403.2B365.5B383.8B
Current Deferred Revenue11.9B4.5B39.0B9.3B45.4B47.7B
Good Will8.7B633M1.3B1.3B4.8B5.1B
Long Term Debt344.9B73.2B46.2B159.4B475.6B252.5B
Net Invested Capital477.9B151.1B223.7B471.7B1.5T1.6T
Long Term Investments84.7B14.3B18.8B41.7B147.9B155.3B
Short Long Term Debt105.9B45.4B95.3B102.7B346.9B364.3B
Capital Stock499M589M590M586M594M613.1M
Net Working Capital62.6B(446M)(34.6B)19.9B48.8B51.2B

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