Core Other Current Liab vs Net Invested Capital Analysis

CORZZ Stock   14.10  0.29  2.02%   
Core Scientific, financial indicator trend analysis is way more than just evaluating Core Scientific, Tranche prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Scientific, Tranche is a good investment. Please check the relationship between Core Scientific, Other Current Liab and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Scientific, Tranche. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Net Invested Capital

Other Current Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Scientific, Tranche Other Current Liab account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Core Scientific,'s Other Current Liab and Net Invested Capital is 0.07. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Core Scientific, Tranche, assuming nothing else is changed. The correlation between historical values of Core Scientific,'s Other Current Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Core Scientific, Tranche are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Liab i.e., Core Scientific,'s Other Current Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Core Scientific,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Scientific, Tranche 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 Core Scientific, Tranche. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Core Scientific,'s Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 108.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.18 in 2024.
 2021 2023 2024 (projected)
Interest Expense96.8M99.2M63.8M
Depreciation And Amortization96.4M110.9M116.5M

Core Scientific, fundamental ratios Correlations

0.22-0.230.670.970.670.88-0.290.98-0.20.87-0.870.850.730.820.930.830.750.960.970.78-0.990.240.960.980.26
0.220.760.870.27-0.130.160.860.250.910.240.27-0.210.790.740.390.72-0.150.070.190.61-0.291.00.150.190.97
-0.230.760.45-0.25-0.29-0.270.87-0.260.87-0.090.63-0.480.390.29-0.080.27-0.35-0.42-0.310.210.20.76-0.36-0.310.75
0.670.870.450.690.20.540.510.690.580.59-0.240.250.950.970.740.960.230.530.640.83-0.720.870.590.630.85
0.970.27-0.250.690.580.91-0.240.99-0.150.81-0.840.770.730.810.950.830.660.980.990.79-0.980.280.991.00.29
0.67-0.13-0.290.20.580.8-0.50.55-0.410.91-0.680.920.460.370.710.420.990.630.540.65-0.6-0.080.590.640.07
0.880.16-0.270.540.910.8-0.320.86-0.210.91-0.80.860.70.670.960.70.840.910.860.86-0.870.20.910.930.28
-0.290.860.870.51-0.24-0.5-0.32-0.260.99-0.230.71-0.650.380.31-0.110.28-0.55-0.43-0.310.180.230.85-0.35-0.320.8
0.980.25-0.260.690.990.550.86-0.26-0.170.78-0.850.770.710.820.920.830.640.971.00.75-0.990.260.980.990.25
-0.20.910.870.58-0.15-0.41-0.210.99-0.17-0.120.64-0.560.480.390.00.37-0.46-0.34-0.230.290.140.9-0.26-0.230.87
0.870.24-0.090.590.810.910.91-0.230.78-0.12-0.710.890.780.720.920.760.920.790.760.89-0.840.280.780.830.39
-0.870.270.63-0.24-0.84-0.68-0.80.71-0.850.64-0.71-0.91-0.32-0.43-0.73-0.46-0.77-0.93-0.88-0.460.840.25-0.89-0.880.22
0.85-0.21-0.480.250.770.920.86-0.650.77-0.560.89-0.910.440.450.780.490.970.850.770.61-0.79-0.170.80.83-0.07
0.730.790.390.950.730.460.70.380.710.480.78-0.320.440.960.860.970.470.60.660.95-0.760.810.650.70.84
0.820.740.290.970.810.370.670.310.820.390.72-0.430.450.960.851.00.410.690.780.87-0.850.740.730.770.74
0.930.39-0.080.740.950.710.96-0.110.920.00.92-0.730.780.860.850.870.750.90.90.94-0.930.420.920.940.48
0.830.720.270.960.830.420.70.280.830.370.76-0.460.490.971.00.870.460.70.790.9-0.860.730.750.790.73
0.75-0.15-0.350.230.660.990.84-0.550.64-0.460.92-0.770.970.470.410.750.460.720.630.66-0.68-0.110.680.720.03
0.960.07-0.420.530.980.630.91-0.430.97-0.340.79-0.930.850.60.690.90.70.720.980.7-0.960.081.00.990.1
0.970.19-0.310.640.990.540.86-0.311.0-0.230.76-0.880.770.660.780.90.790.630.980.71-0.980.20.990.990.19
0.780.610.210.830.790.650.860.180.750.290.89-0.460.610.950.870.940.90.660.70.71-0.790.650.730.780.72
-0.99-0.290.2-0.72-0.98-0.6-0.870.23-0.990.14-0.840.84-0.79-0.76-0.85-0.93-0.86-0.68-0.96-0.98-0.79-0.3-0.97-0.98-0.31
0.241.00.760.870.28-0.080.20.850.260.90.280.25-0.170.810.740.420.73-0.110.080.20.65-0.30.160.20.98
0.960.15-0.360.590.990.590.91-0.350.98-0.260.78-0.890.80.650.730.920.750.681.00.990.73-0.970.161.00.17
0.980.19-0.310.631.00.640.93-0.320.99-0.230.83-0.880.830.70.770.940.790.720.990.990.78-0.980.21.00.22
0.260.970.750.850.290.070.280.80.250.870.390.22-0.070.840.740.480.730.030.10.190.72-0.310.980.170.22
Click cells to compare fundamentals

Core Scientific, Account Relationship Matchups

Core Scientific, fundamental ratios Accounts

201920202021202220232024 (projected)
Intangible Assets6.7M8.2M1.7M2.2M2.0M3.6M

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