Cross Total Assets vs Net Receivables Analysis

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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cross Timbers Royalty Total Assets account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cross Timbers' Total Assets and Net Receivables is 0.24. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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' Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Cross Timbers Royalty are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Cross Timbers' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Cross Timbers assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cross Timbers Royalty books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

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.
 2021 2022 2023 2024 (projected)
Gross Profit7.4M12.5M12.4M13.4M
Total Revenue7.4M12.5M12.4M13.4M

Cross Timbers fundamental ratios Correlations

1.00.97-0.90.96-0.280.86-0.730.90.951.00.27-0.290.99-0.29-0.29-0.04-0.040.240.430.50.540.50.54-0.5-0.51
1.00.97-0.890.96-0.290.85-0.740.90.941.00.28-0.310.99-0.31-0.31-0.04-0.040.230.440.510.550.510.55-0.51-0.52
0.970.97-0.961.0-0.160.83-0.610.960.980.960.14-0.10.93-0.1-0.10.010.010.410.220.280.390.280.35-0.34-0.35
-0.9-0.89-0.96-0.960.06-0.670.54-0.94-0.95-0.89-0.040.03-0.840.030.03-0.04-0.04-0.46-0.09-0.13-0.29-0.13-0.220.240.24
0.960.961.0-0.96-0.130.82-0.590.960.980.960.12-0.080.92-0.08-0.080.030.030.440.20.250.380.250.33-0.33-0.33
-0.28-0.29-0.160.06-0.13-0.150.33-0.03-0.15-0.3-0.980.38-0.340.380.380.750.750.67-0.45-0.62-0.29-0.63-0.630.340.4
0.860.850.83-0.670.82-0.15-0.610.780.810.850.14-0.230.85-0.23-0.230.210.210.260.510.420.60.410.55-0.57-0.57
-0.73-0.74-0.610.54-0.590.33-0.61-0.6-0.63-0.75-0.280.85-0.790.850.850.00.00.11-0.68-0.74-0.7-0.74-0.70.810.79
0.90.90.96-0.940.96-0.030.78-0.60.990.89-0.03-0.090.85-0.09-0.090.150.150.540.130.150.350.140.21-0.31-0.28
0.950.940.98-0.950.98-0.150.81-0.630.990.940.11-0.120.9-0.12-0.120.050.050.440.190.240.380.240.31-0.35-0.33
1.01.00.96-0.890.96-0.30.85-0.750.890.940.29-0.320.99-0.32-0.32-0.07-0.070.220.440.520.540.520.54-0.5-0.52
0.270.280.14-0.040.12-0.980.14-0.28-0.030.110.29-0.340.34-0.34-0.34-0.77-0.77-0.70.450.640.270.640.65-0.31-0.39
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.34-0.391.01.00.080.080.48-0.75-0.8-0.63-0.79-0.70.80.79
0.990.990.93-0.840.92-0.340.85-0.790.850.90.990.34-0.39-0.39-0.39-0.07-0.070.140.530.60.610.60.62-0.57-0.59
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.341.0-0.391.00.080.080.48-0.75-0.8-0.63-0.79-0.70.80.79
-0.29-0.31-0.10.03-0.080.38-0.230.85-0.09-0.12-0.32-0.341.0-0.391.00.080.080.48-0.75-0.8-0.63-0.8-0.70.80.79
-0.04-0.040.01-0.040.030.750.210.00.150.05-0.07-0.770.08-0.070.080.081.00.53-0.07-0.320.33-0.34-0.11-0.24-0.17
-0.04-0.040.01-0.040.030.750.210.00.150.05-0.07-0.770.08-0.070.080.081.00.53-0.07-0.320.33-0.34-0.11-0.24-0.17
0.240.230.41-0.460.440.670.260.110.540.440.22-0.70.480.140.480.480.530.53-0.49-0.55-0.23-0.56-0.530.290.35
0.430.440.22-0.090.2-0.450.51-0.680.130.190.440.45-0.750.53-0.75-0.75-0.07-0.07-0.490.870.740.860.83-0.75-0.78
0.50.510.28-0.130.25-0.620.42-0.740.150.240.520.64-0.80.6-0.8-0.8-0.32-0.32-0.550.870.681.00.86-0.71-0.75
0.540.550.39-0.290.38-0.290.6-0.70.350.380.540.27-0.630.61-0.63-0.630.330.33-0.230.740.680.670.87-0.92-0.92
0.50.510.28-0.130.25-0.630.41-0.740.140.240.520.64-0.790.6-0.79-0.8-0.34-0.34-0.560.861.00.670.85-0.7-0.74
0.540.550.35-0.220.33-0.630.55-0.70.210.310.540.65-0.70.62-0.7-0.7-0.11-0.11-0.530.830.860.870.85-0.88-0.93
-0.5-0.51-0.340.24-0.330.34-0.570.81-0.31-0.35-0.5-0.310.8-0.570.80.8-0.24-0.240.29-0.75-0.71-0.92-0.7-0.880.99
-0.51-0.52-0.350.24-0.330.4-0.570.79-0.28-0.33-0.52-0.390.79-0.590.790.79-0.17-0.170.35-0.78-0.75-0.92-0.74-0.930.99
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Cross Timbers Account Relationship Matchups

Cross Timbers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7M8.9M5.1M4.9M4.5M4.3M
Total Stockholder Equity8.2M7.5M3.3M3.0M2.7M2.5M
Non Currrent Assets Other(8.2M)(7.5M)(3.3M)(3.0M)(3.4M)(3.6M)
Liabilities And Stockholders Equity9.7M8.9M5.1M4.9M4.5M4.3M
Other Stockholder Equity8.5M(16.3M)(15.0M)3.3M2.9M2.8M
Total Liab1.5M1.4M1.8M1.9M1.9M1.4M
Common Stock8.2M7.5M3.3M3.0M2.7M2.5M
Net Debt(1.5M)(1.4M)(1.8M)(1.9M)(1.9B)(1.8B)
Cash1.5M1.4M1.8M1.9M1.9M1.5M
Non Current Assets Total8.2M7.5M3.3M3.0M2.7M2.5M
Cash And Short Term Investments1.5M1.4M1.8M1.9M1.9M1.5M
Total Current Assets1.5M1.4M1.8M1.9M1.9M1.5M
Other Current Liab503.0K372.8K822.8K902.0K1.9M2.0M
Total Current Liabilities503.0K372.8K822.8K902.0K1.9M2.0M
Net Tangible Assets8.5M8.2M7.5M3.3M2.9M2.8M
Long Term Investments8.2M7.5M3.3M3.0M2.7M2.5M
Cash And Equivalents1.5M1.4M1.8M1.9M2.2M1.8M

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Additional Tools for Cross Stock Analysis

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