CRH Net Working Capital from 2010 to 2024
| CRH Stock | USD 79.12 0.57 0.73% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 6.9 B | Current Value 6.2 B | Quarterly Volatility 1.1 B |
Check CRH PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CRH main balance sheet or income statement drivers, such as Depreciation And Amortization of 870 M, Interest Expense of 312 M or Selling General Administrative of 7.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0185 or PTB Ratio of 1.63. CRH financial statements analysis is a perfect complement when working with CRH PLC Valuation or Volatility modules.
CRH | Net Working Capital |
Latest CRH PLC's Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of CRH PLC ADR over the last few years. It is CRH PLC's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CRH PLC's overall financial position and show how it may be relating to other accounts over time.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
CRH Net Working Capital Regression Statistics
| Arithmetic Mean | 5,145,006,853 | |
| Geometric Mean | 5,042,296,442 | |
| Coefficient Of Variation | 21.79 | |
| Mean Deviation | 966,563,024 | |
| Median | 4,486,887,252 | |
| Standard Deviation | 1,120,990,165 | |
| Sample Variance | 1256619T | |
| Range | 3.6B | |
| R-Value | 0.71 | |
| Mean Square Error | 673604.6T | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 177,641,343 | |
| Total Sum of Squares | 17592665.3T |
CRH Net Working Capital History
About CRH PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CRH PLC income statement, its balance sheet, and the statement of cash flows. CRH PLC investors use historical funamental indicators, such as CRH PLC's Net Working Capital, to determine how well the company is positioned to perform in the future. Although CRH PLC investors may use each financial statement separately, they are all related. The changes in CRH PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CRH PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CRH PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CRH PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 6.9 B | 6.2 B |
Pair Trading with CRH PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CRH PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CRH PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with CRH Stock
| 0.9 | EXP | Eagle Materials Financial Report 16th of May 2024 | PairCorr |
Moving against CRH Stock
| 0.7 | RETO | ReTo Eco Solutions Report 6th of May 2024 | PairCorr |
| 0.49 | X | United States Steel Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to CRH PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CRH PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CRH PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CRH PLC ADR to buy it.
The correlation of CRH PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CRH PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CRH PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CRH PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CRH PLC Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for CRH Stock analysis
When running CRH PLC's price analysis, check to measure CRH PLC'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 CRH PLC is operating at the current time. Most of CRH PLC's value examination focuses on studying past and present price action to predict the probability of CRH PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRH PLC's price. Additionally, you may evaluate how the addition of CRH PLC to your portfolios can decrease your overall portfolio volatility.
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Is CRH PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CRH PLC. If investors know CRH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CRH PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 1.33 | Earnings Share 4.33 | Revenue Per Share 48.279 | Quarterly Revenue Growth 0.076 |
The market value of CRH PLC ADR is measured differently than its book value, which is the value of CRH that is recorded on the company's balance sheet. Investors also form their own opinion of CRH PLC's value that differs from its market value or its book value, called intrinsic value, which is CRH PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CRH PLC's market value can be influenced by many factors that don't directly affect CRH PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CRH PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRH PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRH PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.