Creo Cash And Short Term Investments vs Total Current Liabilities Analysis

CREO Stock

16.00 0.13 0.81%

Creo Medical financial indicator trend analysis is way more than just evaluating Creo Medical Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creo Medical Group is a good investment. Please check the relationship between Creo Medical Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creo Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creo Medical Group Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.

The correlation between Creo Medical's Cash And Short Term Investments and Total Current Liabilities is 0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Creo Medical Group, assuming nothing else is changed. The correlation between historical values of Creo Medical's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Creo Medical Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Creo Medical's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Creo Medical Group balance sheet. This account contains Creo Medical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Creo Medical Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on Creo Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Creo Medical Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Creo Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creo Medical Group 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 Creo Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 42.5 M in 2024, whereas Tax Provision is likely to drop (2.9 M) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	237K	248K	400K	420K
Depreciation And Amortization	2.6M	3.1M	3.4M	3.6M

Interest Expense Depreciation And Amortization

Creo Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Investments	Total Liab	Property Plant Equipment	Other Liab	Cash	Net Receivables	Total Stockholder Equity	Retained Earnings	Inventory	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.85	0.83	0.8	0.38	0.86	0.77	0.95	0.66	0.88	0.95	-0.77	0.84	0.77	-0.41	0.81	-0.64	0.69	0.87	0.7	0.78	0.86	0.91	0.71	0.91	0.76
Other Current Liab	0.85		0.99	0.85	0.06	0.95	0.67	0.71	0.5	0.62	0.78	-0.61	0.83	0.7	-0.26	0.82	-0.93	0.46	0.65	0.47	0.92	0.74	0.68	0.61	0.7	0.47
Total Current Liabilities	0.83	0.99		0.89	0.11	0.97	0.72	0.72	0.42	0.66	0.76	-0.67	0.87	0.76	-0.18	0.86	-0.92	0.39	0.66	0.52	0.95	0.78	0.72	0.67	0.65	0.51
Accounts Payable	0.8	0.85	0.89		0.34	0.91	0.87	0.75	0.23	0.81	0.67	-0.84	0.94	0.91	-0.09	0.92	-0.77	0.37	0.81	0.69	0.85	0.89	0.83	0.86	0.54	0.69
Short Term Investments	0.38	0.06	0.11	0.34		0.3	0.71	0.52	-0.24	0.69	0.21	-0.78	0.55	0.63	0.36	0.57	0.23	0.0	0.49	0.89	0.27	0.3	0.68	0.71	0.13	0.88
Total Liab	0.86	0.95	0.97	0.91	0.3		0.81	0.78	0.33	0.76	0.73	-0.78	0.94	0.84	-0.07	0.94	-0.85	0.36	0.72	0.68	0.97	0.76	0.81	0.77	0.62	0.65
Property Plant Equipment	0.77	0.67	0.72	0.87	0.71	0.81		0.8	0.06	0.88	0.6	-0.97	0.96	0.99	0.17	0.96	-0.47	0.2	0.74	0.92	0.74	0.76	0.93	0.99	0.46	0.89
Other Liab	0.95	0.71	0.72	0.75	0.52	0.78	0.8		0.56	0.93	0.89	-0.82	0.83	0.79	-0.3	0.8	-0.5	0.61	0.88	0.79	0.71	0.84	0.95	0.76	0.84	0.84
Cash	0.66	0.5	0.42	0.23	-0.24	0.33	0.06	0.56		0.36	0.81	-0.08	0.18	0.07	-0.89	0.12	-0.4	0.89	0.51	0.01	0.27	0.51	0.34	-0.02	0.91	0.15
Net Receivables	0.88	0.62	0.66	0.81	0.69	0.76	0.88	0.93	0.36		0.78	-0.94	0.87	0.86	-0.18	0.84	-0.39	0.54	0.93	0.89	0.69	0.85	0.97	0.85	0.7	0.95
Total Stockholder Equity	0.95	0.78	0.76	0.67	0.21	0.73	0.6	0.89	0.81	0.78		-0.62	0.68	0.6	-0.58	0.64	-0.59	0.79	0.81	0.53	0.67	0.84	0.79	0.54	0.97	0.62
Retained Earnings	-0.77	-0.61	-0.67	-0.84	-0.78	-0.78	-0.97	-0.82	-0.08	-0.94	-0.62		-0.93	-0.96	-0.12	-0.92	0.39	-0.26	-0.8	-0.96	-0.72	-0.78	-0.95	-0.97	-0.48	-0.95
Inventory	0.84	0.83	0.87	0.94	0.55	0.94	0.96	0.83	0.18	0.87	0.68	-0.93		0.96	0.08	1.0	-0.68	0.27	0.77	0.85	0.89	0.79	0.92	0.93	0.55	0.82
Property Plant And Equipment Net	0.77	0.7	0.76	0.91	0.63	0.84	0.99	0.79	0.07	0.86	0.6	-0.96	0.96		0.16	0.96	-0.55	0.19	0.73	0.88	0.76	0.79	0.92	0.99	0.45	0.85
Net Debt	-0.41	-0.26	-0.18	-0.09	0.36	-0.07	0.17	-0.3	-0.89	-0.18	-0.58	-0.12	0.08	0.16		0.14	0.2	-0.92	-0.43	0.21	-0.01	-0.41	-0.09	0.23	-0.71	0.03
Non Current Assets Total	0.81	0.82	0.86	0.92	0.57	0.94	0.96	0.8	0.12	0.84	0.64	-0.92	1.0	0.96	0.14		-0.66	0.21	0.73	0.86	0.9	0.75	0.9	0.93	0.5	0.81
Non Currrent Assets Other	-0.64	-0.93	-0.92	-0.77	0.23	-0.85	-0.47	-0.5	-0.4	-0.39	-0.59	0.39	-0.68	-0.55	0.2	-0.66		-0.3	-0.45	-0.21	-0.83	-0.62	-0.46	-0.44	-0.51	-0.18
Cash And Short Term Investments	0.69	0.46	0.39	0.37	0.0	0.36	0.2	0.61	0.89	0.54	0.79	-0.26	0.27	0.19	-0.92	0.21	-0.3		0.73	0.19	0.27	0.64	0.45	0.13	0.88	0.36
Common Stock Total Equity	0.87	0.65	0.66	0.81	0.49	0.72	0.74	0.88	0.51	0.93	0.81	-0.8	0.77	0.73	-0.43	0.73	-0.45	0.73		0.71	0.64	0.91	0.86	0.7	0.77	0.82
Common Stock Shares Outstanding	0.7	0.47	0.52	0.69	0.89	0.68	0.92	0.79	0.01	0.89	0.53	-0.96	0.85	0.88	0.21	0.86	-0.21	0.19	0.71		0.63	0.61	0.91	0.91	0.42	0.97
Non Current Liabilities Total	0.78	0.92	0.95	0.85	0.27	0.97	0.74	0.71	0.27	0.69	0.67	-0.72	0.89	0.76	-0.01	0.9	-0.83	0.27	0.64	0.63		0.68	0.73	0.69	0.55	0.58
Other Current Assets	0.86	0.74	0.78	0.89	0.3	0.76	0.76	0.84	0.51	0.85	0.84	-0.78	0.79	0.79	-0.41	0.75	-0.62	0.64	0.91	0.61	0.68		0.84	0.75	0.75	0.7
Other Stockholder Equity	0.91	0.68	0.72	0.83	0.68	0.81	0.93	0.95	0.34	0.97	0.79	-0.95	0.92	0.92	-0.09	0.9	-0.46	0.45	0.86	0.91	0.73	0.84		0.91	0.7	0.94
Property Plant And Equipment Gross	0.71	0.61	0.67	0.86	0.71	0.77	0.99	0.76	-0.02	0.85	0.54	-0.97	0.93	0.99	0.23	0.93	-0.44	0.13	0.7	0.91	0.69	0.75	0.91		0.39	0.87
Total Current Assets	0.91	0.7	0.65	0.54	0.13	0.62	0.46	0.84	0.91	0.7	0.97	-0.48	0.55	0.45	-0.71	0.5	-0.51	0.88	0.77	0.42	0.55	0.75	0.7	0.39		0.53
Common Stock	0.76	0.47	0.51	0.69	0.88	0.65	0.89	0.84	0.15	0.95	0.62	-0.95	0.82	0.85	0.03	0.81	-0.18	0.36	0.82	0.97	0.58	0.7	0.94	0.87	0.53

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Creo Medical Account Relationship Matchups

Creo Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	88.3M	92.5M	100.6M	75.3M	76.6M	80.4M
Other Current Liab	3.2M	9.4M	10.3M	7.5M	3.8M	2.7M
Total Current Liabilities	5.1M	18.0M	19.7M	17.5M	9.9M	5.3M
Accounts Payable	923.3K	2.5M	3.5M	4.3M	2.5M	2.6M
Total Liab	5.6M	29.7M	27.3M	25.9M	16.8M	17.6M
Property Plant Equipment	906.3K	1.3M	3.4M	8.6M	9.9M	10.4M
Cash	81.0M	45.1M	43.5M	13.1M	3M	2.9M
Net Receivables	4.1M	4.2M	3.9M	5M	6.4M	6.7M
Total Stockholder Equity	82.7M	62.8M	73.3M	49.4M	59.8M	31.8M
Retained Earnings	(37.2M)	(57.6M)	(82.2M)	(109.1M)	(144.4M)	(137.2M)
Inventory	727.2K	6.8M	8.5M	9.3M	8.1M	8.5M
Property Plant And Equipment Net	1.3M	3.4M	8.6M	10.2M	9.1M	9.6M
Net Debt	(80.3M)	(32.7M)	(33.0M)	(3.0M)	5.3M	5.6M
Non Current Assets Total	2.2M	33.0M	39.4M	41.7M	38.7M	40.6M
Non Currrent Assets Other	(2.0M)	(18.3M)	(18.6M)	(19.6M)	200K	210K
Cash And Short Term Investments	81.0M	45.1M	43.5M	13.1M	18.5M	26.4M
Common Stock Shares Outstanding	125.8M	161.6M	170.4M	187.9M	313.0M	328.7M
Liabilities And Stockholders Equity	88.3M	92.5M	100.6M	75.3M	76.6M	55.6M
Non Current Liabilities Total	543.9K	11.6M	7.6M	8.5M	6.9M	3.9M
Other Current Assets	4.3M	3.3M	5.3M	6.3M	4.9M	3.5M
Other Stockholder Equity	101.5M	101.7M	135.8M	149.5M	180.9M	189.9M
Total Current Assets	86.1M	59.5M	61.2M	33.7M	37.9M	32.9M
Accumulated Other Comprehensive Income	4.6M	4.9M	5.8M	8.8M	22.9M	24.0M
Common Stock	150.4K	158K	181K	182K	400K	420K
Net Tangible Assets	47.4M	81.9M	34.8M	46.4M	53.4M	29.1M
Other Assets	19.3K	128.4K	1.1M	1.0	1.15	1.09
Short Long Term Debt Total	717.1K	12.4M	10.6M	10.1M	8.3M	5.2M
Long Term Debt	357.3K	5.2M	3.8M	4.9M	4.4M	2.4M
Short Long Term Debt	173.2K	5.2M	4.7M	1.6M	2.5M	1.6M
Short Term Debt	173.2K	5.8M	5.4M	4.6M	3.1M	2.2M
Intangible Assets	865.2K	28.5M	27.3M	27.6M	7.1M	10.1M
Current Deferred Revenue	(4.0M)	161K	214K	(200K)	(230K)	(241.5K)

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

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Creo Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

Creo Medical fundamental ratios Correlations

Creo Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Creo Medical fundamental ratios Accounts

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Additional Tools for Creo Stock Analysis

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COMPANY

Non Current Assets Total	+ 1.0	Inventory
Total Current Liabilities	+ 0.99	Other Current Liab
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Property Plant And Equipment Gross	+ 0.99	Property Plant Equipment
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.97	Total Current Liabilities

Property Plant And Equipment Gross	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Property Plant Equipment
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Property Plant And Equipment Net	- 0.96	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings