CRT Stock | | | USD 10.15 0.07 0.69% |
Cross Timbers financial indicator trend analysis is way more than just evaluating Cross Timbers Royalty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cross Timbers Royalty is a good investment. Please check the relationship between Cross Timbers Retained Earnings and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Timbers Royalty. 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.
Retained Earnings vs Long Term Investments
Retained Earnings vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cross Timbers Royalty Retained Earnings account and
Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cross Timbers' Retained Earnings and Long Term Investments is 0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Cross Timbers Royalty, assuming nothing else is changed. The correlation between historical values of Cross Timbers' Retained Earnings and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Cross Timbers Royalty are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., Cross Timbers' Retained Earnings and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Long Term Investments
Long Term Investments is an item on the asset side of Cross Timbers balance sheet that represents investments Cross Timbers Royalty intends to hold for over a year. Cross Timbers Royalty long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Cross Timbers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cross Timbers Royalty 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 Cross Timbers Royalty. 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.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 449.5
K in 2024.
Cross Timbers fundamental ratios Correlations
Click cells to compare fundamentals
Cross Timbers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cross Timbers fundamental ratios Accounts
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Additional Tools for Cross Stock Analysis
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measure Cross Timbers' 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 Cross Timbers is operating at the current time. Most of Cross Timbers' value examination focuses on studying past and present price action to
predict the probability of Cross Timbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cross Timbers' price. Additionally, you may evaluate how the addition of Cross Timbers to your portfolios can decrease your overall portfolio volatility.