Creo Property Plant And Equipment Gross vs Property Plant Equipment 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 Property Plant And Equipment Gross and its Property Plant Equipment 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.

Property Plant And Equipment Gross vs Property Plant Equipment

Property Plant And Equipment Gross vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creo Medical Group Property Plant And Equipment Gross account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Creo Medical's Property Plant And Equipment Gross and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Property Plant Equipment 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 Property Plant And Equipment Gross and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Creo Medical Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Gross i.e., Creo Medical's Property Plant And Equipment Gross and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Property Plant Equipment

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 Expense237K248K400K420K
Depreciation And Amortization2.6M3.1M3.4M3.6M

Creo Medical fundamental ratios Correlations

0.850.830.80.380.860.770.950.660.880.95-0.770.840.77-0.410.81-0.640.690.870.70.780.860.910.710.910.76
0.850.990.850.060.950.670.710.50.620.78-0.610.830.7-0.260.82-0.930.460.650.470.920.740.680.610.70.47
0.830.990.890.110.970.720.720.420.660.76-0.670.870.76-0.180.86-0.920.390.660.520.950.780.720.670.650.51
0.80.850.890.340.910.870.750.230.810.67-0.840.940.91-0.090.92-0.770.370.810.690.850.890.830.860.540.69
0.380.060.110.340.30.710.52-0.240.690.21-0.780.550.630.360.570.230.00.490.890.270.30.680.710.130.88
0.860.950.970.910.30.810.780.330.760.73-0.780.940.84-0.070.94-0.850.360.720.680.970.760.810.770.620.65
0.770.670.720.870.710.810.80.060.880.6-0.970.960.990.170.96-0.470.20.740.920.740.760.930.990.460.89
0.950.710.720.750.520.780.80.560.930.89-0.820.830.79-0.30.8-0.50.610.880.790.710.840.950.760.840.84
0.660.50.420.23-0.240.330.060.560.360.81-0.080.180.07-0.890.12-0.40.890.510.010.270.510.34-0.020.910.15
0.880.620.660.810.690.760.880.930.360.78-0.940.870.86-0.180.84-0.390.540.930.890.690.850.970.850.70.95
0.950.780.760.670.210.730.60.890.810.78-0.620.680.6-0.580.64-0.590.790.810.530.670.840.790.540.970.62
-0.77-0.61-0.67-0.84-0.78-0.78-0.97-0.82-0.08-0.94-0.62-0.93-0.96-0.12-0.920.39-0.26-0.8-0.96-0.72-0.78-0.95-0.97-0.48-0.95
0.840.830.870.940.550.940.960.830.180.870.68-0.930.960.081.0-0.680.270.770.850.890.790.920.930.550.82
0.770.70.760.910.630.840.990.790.070.860.6-0.960.960.160.96-0.550.190.730.880.760.790.920.990.450.85
-0.41-0.26-0.18-0.090.36-0.070.17-0.3-0.89-0.18-0.58-0.120.080.160.140.2-0.92-0.430.21-0.01-0.41-0.090.23-0.710.03
0.810.820.860.920.570.940.960.80.120.840.64-0.921.00.960.14-0.660.210.730.860.90.750.90.930.50.81
-0.64-0.93-0.92-0.770.23-0.85-0.47-0.5-0.4-0.39-0.590.39-0.68-0.550.2-0.66-0.3-0.45-0.21-0.83-0.62-0.46-0.44-0.51-0.18
0.690.460.390.370.00.360.20.610.890.540.79-0.260.270.19-0.920.21-0.30.730.190.270.640.450.130.880.36
0.870.650.660.810.490.720.740.880.510.930.81-0.80.770.73-0.430.73-0.450.730.710.640.910.860.70.770.82
0.70.470.520.690.890.680.920.790.010.890.53-0.960.850.880.210.86-0.210.190.710.630.610.910.910.420.97
0.780.920.950.850.270.970.740.710.270.690.67-0.720.890.76-0.010.9-0.830.270.640.630.680.730.690.550.58
0.860.740.780.890.30.760.760.840.510.850.84-0.780.790.79-0.410.75-0.620.640.910.610.680.840.750.750.7
0.910.680.720.830.680.810.930.950.340.970.79-0.950.920.92-0.090.9-0.460.450.860.910.730.840.910.70.94
0.710.610.670.860.710.770.990.76-0.020.850.54-0.970.930.990.230.93-0.440.130.70.910.690.750.910.390.87
0.910.70.650.540.130.620.460.840.910.70.97-0.480.550.45-0.710.5-0.510.880.770.420.550.750.70.390.53
0.760.470.510.690.880.650.890.840.150.950.62-0.950.820.850.030.81-0.180.360.820.970.580.70.940.870.53
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Creo Medical Account Relationship Matchups

Creo Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets88.3M92.5M100.6M75.3M76.6M80.4M
Other Current Liab3.2M9.4M10.3M7.5M3.8M2.7M
Total Current Liabilities5.1M18.0M19.7M17.5M9.9M5.3M
Accounts Payable923.3K2.5M3.5M4.3M2.5M2.6M
Total Liab5.6M29.7M27.3M25.9M16.8M17.6M
Property Plant Equipment906.3K1.3M3.4M8.6M9.9M10.4M
Cash81.0M45.1M43.5M13.1M3M2.9M
Net Receivables4.1M4.2M3.9M5M6.4M6.7M
Total Stockholder Equity82.7M62.8M73.3M49.4M59.8M31.8M
Retained Earnings(37.2M)(57.6M)(82.2M)(109.1M)(144.4M)(137.2M)
Inventory727.2K6.8M8.5M9.3M8.1M8.5M
Property Plant And Equipment Net1.3M3.4M8.6M10.2M9.1M9.6M
Net Debt(80.3M)(32.7M)(33.0M)(3.0M)5.3M5.6M
Non Current Assets Total2.2M33.0M39.4M41.7M38.7M40.6M
Non Currrent Assets Other(2.0M)(18.3M)(18.6M)(19.6M)200K210K
Cash And Short Term Investments81.0M45.1M43.5M13.1M18.5M26.4M
Common Stock Shares Outstanding125.8M161.6M170.4M187.9M313.0M328.7M
Liabilities And Stockholders Equity88.3M92.5M100.6M75.3M76.6M55.6M
Non Current Liabilities Total543.9K11.6M7.6M8.5M6.9M3.9M
Other Current Assets4.3M3.3M5.3M6.3M4.9M3.5M
Other Stockholder Equity101.5M101.7M135.8M149.5M180.9M189.9M
Total Current Assets86.1M59.5M61.2M33.7M37.9M32.9M
Accumulated Other Comprehensive Income4.6M4.9M5.8M8.8M22.9M24.0M
Common Stock150.4K158K181K182K400K420K
Net Tangible Assets47.4M81.9M34.8M46.4M53.4M29.1M
Other Assets19.3K128.4K1.1M1.01.151.09
Short Long Term Debt Total717.1K12.4M10.6M10.1M8.3M5.2M
Long Term Debt357.3K5.2M3.8M4.9M4.4M2.4M
Short Long Term Debt173.2K5.2M4.7M1.6M2.5M1.6M
Short Term Debt173.2K5.8M5.4M4.6M3.1M2.2M
Intangible Assets865.2K28.5M27.3M27.6M7.1M10.1M
Current Deferred Revenue(4.0M)161K214K(200K)(230K)(241.5K)

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