Cresud Gross Profit vs Other Operating Expenses Analysis

CRESY Stock  USD 10.26  0.31  3.12%   
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 Gross Profit and its Other Operating Expenses 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.

Gross Profit vs Other Operating Expenses

Gross Profit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cresud SACIF y Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Cresud SACIF's Gross Profit and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses 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 Gross Profit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Cresud SACIF y are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Cresud SACIF's Gross Profit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cresud SACIF y minus its cost of goods sold. It is profit before Cresud SACIF operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cresud SACIF y. It is also known as Cresud SACIF overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 is likely to rise to about 1.3 T in 2024, despite the fact that Discontinued Operations is likely to grow to (9 B).
 2021 2022 2023 2024 (projected)
Gross Profit42.5B71.3B291.6B306.1B
Total Revenue95.9B190.4B711.4B746.9B

Cresud SACIF fundamental ratios Correlations

0.541.00.991.00.960.791.00.841.01.00.961.00.10.140.990.990.890.971.00.920.990.10.880.90.99
0.540.60.450.510.660.440.510.80.530.510.680.520.210.20.590.470.530.450.60.50.610.130.520.470.52
1.00.60.980.990.960.790.990.861.00.990.961.00.110.150.990.990.890.971.00.920.990.110.880.90.98
0.990.450.981.00.910.831.00.760.990.990.910.990.070.130.961.00.860.980.970.910.970.090.850.880.97
1.00.510.991.00.940.81.00.811.01.00.931.00.080.120.981.00.870.970.990.910.980.090.850.880.98
0.960.660.960.910.940.690.950.950.950.951.00.950.150.140.990.920.890.890.980.880.980.10.90.860.96
0.790.440.790.830.80.690.810.540.80.80.680.80.080.250.740.810.780.850.760.840.760.140.740.810.75
1.00.510.991.01.00.950.810.811.01.00.941.00.090.130.981.00.880.970.990.920.990.10.870.890.98
0.840.80.860.760.810.950.540.810.830.820.950.820.180.150.90.770.820.760.890.790.90.120.830.770.84
1.00.531.00.991.00.950.81.00.831.00.951.00.090.140.990.990.890.970.990.920.990.10.880.90.99
1.00.510.990.991.00.950.81.00.821.00.951.00.090.150.981.00.890.980.990.920.990.110.890.910.98
0.960.680.960.910.931.00.680.940.950.950.950.950.140.140.990.920.890.890.980.880.980.10.90.860.97
1.00.521.00.991.00.950.81.00.821.01.00.950.090.130.991.00.880.970.990.910.990.10.870.890.98
0.10.210.110.070.080.150.080.090.180.090.090.140.090.890.120.070.160.10.120.160.110.910.190.170.1
0.140.20.150.130.120.140.250.130.150.140.150.140.130.890.130.120.320.220.140.310.130.890.320.340.12
0.990.590.990.960.980.990.740.980.90.990.980.990.990.120.130.970.890.941.00.911.00.10.90.890.99
0.990.470.991.01.00.920.811.00.770.991.00.921.00.070.120.970.860.970.980.90.970.10.850.880.97
0.890.530.890.860.870.890.780.880.820.890.890.890.880.160.320.890.860.930.890.980.90.210.970.970.88
0.970.450.970.980.970.890.850.970.760.970.980.890.970.10.220.940.970.930.950.970.950.160.910.950.94
1.00.61.00.970.990.980.760.990.890.990.990.980.990.120.141.00.980.890.950.911.00.110.890.890.99
0.920.50.920.910.910.880.840.920.790.920.920.880.910.160.310.910.90.980.970.910.910.220.950.980.89
0.990.610.990.970.980.980.760.990.90.990.990.980.990.110.131.00.970.90.951.00.910.10.890.890.98
0.10.130.110.090.090.10.140.10.120.10.110.10.10.910.890.10.10.210.160.110.220.10.220.250.08
0.880.520.880.850.850.90.740.870.830.880.890.90.870.190.320.90.850.970.910.890.950.890.220.980.89
0.90.470.90.880.880.860.810.890.770.90.910.860.890.170.340.890.880.970.950.890.980.890.250.980.88
0.990.520.980.970.980.960.750.980.840.990.980.970.980.10.120.990.970.880.940.990.890.980.080.890.88
Click cells to compare fundamentals

Cresud SACIF Account Relationship Matchups

Cresud SACIF fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets739.5B339.2B529.2B1.1T3.5T3.6T
Other Current Liab27.0B1.1B19.1B1.2B16.7B17.6B
Total Current Liabilities186.1B70.4B147.6B195.0B657.6B690.5B
Total Stockholder Equity27.1B32.4B82.3B209.7B696.2B731.1B
Property Plant And Equipment Net88.2B44.4B66.2B164.3B590.5B620.0B
Net Debt364.7B97.3B115.9B246.8B707.9B743.3B
Retained Earnings2.0B(9.7B)21.2B35.2B45.8B48.1B
Accounts Payable38.6B19.6B30.9B75.9B248.5B260.9B
Cash108.7B27.5B34.9B38.9B114.6B120.4B
Non Current Assets Total490.8B269.2B416.2B854.4B2.8T2.9T
Non Currrent Assets Other286.7B207.0B326.9B637.0B1.9T2.0T
Cash And Short Term Investments131.9B28.9B54.0B82.8B260.7B273.8B
Net Receivables47.4B22.9B33.4B79.0B264.0B277.2B
Common Stock Shares Outstanding53.2M54.9M68.6M69.2M59.2M50.0M
Liabilities And Stockholders Equity739.5B339.2B529.2B1.1T3.5T3.6T
Non Current Liabilities Total421.9B162.9B174.9B391.3B1.3T1.3T
Inventory12.7B17.4B22.8B46.9B175.0B183.7B
Other Current Assets3.0B747M2.8B6.3B6.7B7.1B
Other Stockholder Equity22.4B35.5B58.8B123.5B222.2B233.3B
Total Liab608.0B233.3B322.4B586.3B1.9T2.0T
Property Plant And Equipment Gross81.9B55.2B83.1B205.5B236.3B248.1B
Total Current Assets248.7B70.0B113.0B214.9B706.4B741.7B
Accumulated Other Comprehensive Income2.2B6.0B1.8B50.3B181.7B190.8B
Other Assets265.4B204.3B320.9B629.1B723.5B759.6B
Other Liab56.3B85.1B121.6B212.6B244.5B256.7B
Short Term Investments23.2B1.4B19.1B43.8B146.1B153.4B
Intangible Assets22.4B2.6B3.7B8.7B67.7B71.1B
Property Plant Equipment83.6B47.6B72.3B173.6B199.6B209.6B
Short Long Term Debt Total473.3B124.8B150.8B285.7B822.5B863.7B
Short Term Debt112.0B47.0B97.6B108.5B346.9B364.3B
Long Term Debt320.4B73.2B46.2B159.4B183.3B192.4B
Good Will5.8B386M605M1.3B4.8B5.1B
Long Term Investments78.6B14.3B21.8B41.7B48.0B25.5B
Short Long Term Debt98.4B45.4B95.3B102.7B118.1B124.0B
Net Tangible Assets(3.0B)29.5B78.0B198.1B227.8B239.2B

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Additional Tools for Cresud Stock Analysis

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.