Crescent Long Term Debt vs Non Currrent Assets Other Analysis

CRGY Stock  USD 13.68  0.55  4.19%   
Crescent Energy financial indicator trend analysis is way more than just evaluating Crescent Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Energy is a good investment. Please check the relationship between Crescent Energy Long Term Debt and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Long Term Debt vs Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Energy Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Crescent Energy's Long Term Debt and Non Currrent Assets Other is 0.37. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Crescent Energy Co, assuming nothing else is changed. The correlation between historical values of Crescent Energy's Long Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Crescent Energy Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., Crescent Energy's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Crescent Energy has held for over one year. Long-term debt appears on Crescent Energy Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Crescent Energy Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Crescent Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent Energy 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 Crescent Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Tax Provision is likely to rise to about 24.4 M in 2024. Selling General Administrative is likely to rise to about 203 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense50.7M95.9M145.8M79.3M
Depreciation And Amortization312.8M532.9M675.8M453.4M

Crescent Energy fundamental ratios Correlations

0.670.370.860.85-0.890.780.680.630.650.30.770.370.65-0.4-0.730.370.370.770.580.770.35-0.140.7-0.820.64
0.670.910.930.95-0.630.970.931.00.960.890.96-0.111.00.0-0.630.91-0.110.990.990.980.870.560.99-0.310.99
0.370.910.750.79-0.470.830.760.930.870.990.86-0.250.930.35-0.371.0-0.250.850.960.870.860.630.92-0.080.89
0.860.930.750.96-0.790.980.910.910.850.690.920.230.91-0.23-0.80.750.230.970.890.950.690.270.94-0.540.92
0.850.950.790.96-0.790.970.880.940.950.760.99-0.010.94-0.07-0.630.8-0.010.980.910.990.720.330.97-0.520.92
-0.89-0.63-0.47-0.79-0.79-0.69-0.48-0.6-0.61-0.4-0.77-0.29-0.610.010.55-0.47-0.29-0.69-0.59-0.74-0.360.28-0.680.9-0.55
0.780.970.830.980.97-0.690.950.950.920.780.950.080.96-0.14-0.70.830.080.990.940.980.730.430.97-0.380.96
0.680.930.760.910.88-0.480.950.920.860.720.840.030.92-0.32-0.760.750.030.950.890.890.780.590.9-0.210.96
0.631.00.930.910.94-0.60.950.920.960.910.96-0.171.00.05-0.590.93-0.170.980.990.980.890.590.99-0.270.99
0.650.960.870.850.95-0.610.920.860.960.870.97-0.30.960.12-0.430.89-0.30.950.940.970.810.560.96-0.290.93
0.30.890.990.690.76-0.40.780.720.910.870.84-0.370.90.42-0.271.0-0.370.820.940.840.850.680.89-0.010.87
0.770.960.860.920.99-0.770.950.840.960.970.84-0.110.960.09-0.530.87-0.110.970.940.990.750.380.98-0.460.92
0.37-0.11-0.250.23-0.01-0.290.080.03-0.17-0.3-0.37-0.11-0.15-0.58-0.55-0.31.0-0.01-0.13-0.06-0.37-0.6-0.09-0.42-0.1
0.651.00.930.910.94-0.610.960.921.00.960.90.96-0.150.04-0.60.93-0.150.980.990.980.880.580.99-0.290.99
-0.40.00.35-0.23-0.070.01-0.14-0.320.050.120.420.09-0.580.040.650.37-0.58-0.10.130.010.110.120.060.2-0.08
-0.73-0.63-0.37-0.8-0.630.55-0.7-0.76-0.59-0.43-0.27-0.53-0.55-0.60.65-0.35-0.55-0.68-0.55-0.6-0.51-0.08-0.590.52-0.66
0.370.911.00.750.8-0.470.830.750.930.891.00.87-0.30.930.37-0.35-0.30.850.960.870.860.640.92-0.080.89
0.37-0.11-0.250.23-0.01-0.290.080.03-0.17-0.3-0.37-0.111.0-0.15-0.58-0.55-0.3-0.01-0.13-0.06-0.37-0.6-0.09-0.42-0.1
0.770.990.850.970.98-0.690.990.950.980.950.820.97-0.010.98-0.1-0.680.85-0.010.960.990.790.470.99-0.390.98
0.580.990.960.890.91-0.590.940.890.990.940.940.94-0.130.990.13-0.550.96-0.130.960.960.860.580.99-0.230.97
0.770.980.870.950.99-0.740.980.890.980.970.840.99-0.060.980.01-0.60.87-0.060.990.960.780.420.99-0.430.96
0.350.870.860.690.72-0.360.730.780.890.810.850.75-0.370.880.11-0.510.86-0.370.790.860.780.710.83-0.110.88
-0.140.560.630.270.330.280.430.590.590.560.680.38-0.60.580.12-0.080.64-0.60.470.580.420.710.50.570.62
0.70.990.920.940.97-0.680.970.90.990.960.890.98-0.090.990.06-0.590.92-0.090.990.990.990.830.5-0.350.97
-0.82-0.31-0.08-0.54-0.520.9-0.38-0.21-0.27-0.29-0.01-0.46-0.42-0.290.20.52-0.08-0.42-0.39-0.23-0.43-0.110.57-0.35-0.23
0.640.990.890.920.92-0.550.960.960.990.930.870.92-0.10.99-0.08-0.660.89-0.10.980.970.960.880.620.97-0.23
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Crescent Energy Account Relationship Matchups

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