CRWS Stock | | | USD 4.57 0.03 0.65% |
Crown Crafts financial indicator trend analysis is way more than just evaluating Crown Crafts prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Crafts is a good investment. Please check the relationship between Crown Crafts Total Liab and its Accumulated Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Crafts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Crown Stock please use our
How to Invest in Crown Crafts guide.
Total Liab vs Accumulated Depreciation
Total Liab vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crown Crafts Total Liab account and
Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Crown Crafts' Total Liab and Accumulated Depreciation is -0.18. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Crown Crafts, assuming nothing else is changed. The correlation between historical values of Crown Crafts' Total Liab and Accumulated Depreciation 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 Liab of Crown Crafts are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Liab i.e., Crown Crafts' Total Liab and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Crown Crafts fixed asset that has been charged to Crown Crafts expense since that asset was acquired and made available for Crown Crafts use. The accumulated depreciation account is Crown Crafts asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Crown Crafts.
Most indicators from Crown Crafts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Crafts 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 Crown Crafts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Crown Stock please use our
How to Invest in Crown Crafts guide.At this time, Crown Crafts'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Crown Crafts fundamental ratios Correlations
Click cells to compare fundamentals
Crown Crafts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Crafts fundamental ratios Accounts
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Additional Tools for Crown Stock Analysis
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measure Crown Crafts' 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 Crown Crafts is operating at the current time. Most of Crown Crafts' value examination focuses on studying past and present price action to
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