Crown Good Will vs Cash And Short Term Investments Analysis

CCI Stock  USD 101.60  0.78  0.76%   
Crown Castle financial indicator trend analysis is way more than just evaluating Crown Castle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Castle is a good investment. Please check the relationship between Crown Castle Good Will and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Castle Good Will account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Crown Castle's Good Will and Cash And Short Term Investments is 0.21. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Crown Castle, assuming nothing else is changed. The correlation between historical values of Crown Castle's Good Will and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Crown Castle are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., Crown Castle's Good Will and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Crown Castle balance sheet. This account contains Crown Castle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Crown Castle 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.
Most indicators from Crown Castle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Castle 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 Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.As of now, Crown Castle's Selling General Administrative is increasing as compared to previous years. The Crown Castle's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Discontinued Operations is forecasted to increase to (53 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.3B4.9B3.3B1.9B
Total Revenue6.3B7.0B7.0B7.3B

Crown Castle fundamental ratios Correlations

0.960.90.910.710.970.96-0.890.520.221.0-0.030.230.560.980.850.980.54-0.410.990.970.790.590.640.620.87
0.960.820.980.480.991.0-0.970.410.160.96-0.010.160.680.930.781.00.43-0.540.921.00.870.50.410.540.77
0.90.820.770.780.860.82-0.770.540.190.9-0.030.190.280.870.90.850.52-0.150.910.840.560.590.710.560.93
0.910.980.770.390.950.98-0.970.390.180.910.080.180.720.890.720.960.41-0.580.870.980.850.510.330.480.71
0.710.480.780.390.540.47-0.350.610.280.7-0.060.280.010.710.720.540.610.10.760.510.250.560.960.560.8
0.970.990.860.950.540.99-0.960.420.130.97-0.090.130.620.940.781.00.41-0.480.940.990.830.480.460.520.79
0.961.00.820.980.470.99-0.970.410.140.96-0.020.150.680.930.771.00.42-0.540.921.00.870.50.410.530.77
-0.89-0.97-0.77-0.97-0.35-0.96-0.97-0.28-0.08-0.90.1-0.08-0.74-0.88-0.71-0.96-0.280.63-0.87-0.96-0.89-0.37-0.26-0.42-0.7
0.520.410.540.390.610.420.41-0.280.420.510.450.420.050.460.590.440.820.060.490.460.20.710.690.550.62
0.220.160.190.180.280.130.14-0.080.420.210.571.00.10.210.320.180.52-0.030.210.210.170.730.350.410.34
1.00.960.90.910.70.970.96-0.90.510.21-0.050.210.570.980.840.980.52-0.420.990.970.790.570.630.60.87
-0.03-0.01-0.030.08-0.06-0.09-0.020.10.450.57-0.050.57-0.07-0.090.16-0.030.50.16-0.10.05-0.080.680.140.340.08
0.230.160.190.180.280.130.15-0.080.421.00.210.570.110.210.310.180.52-0.040.220.210.180.730.350.410.34
0.560.680.280.720.010.620.68-0.740.050.10.57-0.070.110.640.350.650.16-0.980.550.650.920.08-0.060.220.38
0.980.930.870.890.710.940.93-0.880.460.210.98-0.090.210.640.80.950.49-0.510.990.930.830.50.630.540.85
0.850.780.90.720.720.780.77-0.710.590.320.840.160.310.350.80.810.65-0.20.840.80.580.720.740.830.97
0.981.00.850.960.541.01.0-0.960.440.180.98-0.030.180.650.950.810.46-0.510.951.00.860.530.480.570.81
0.540.430.520.410.610.410.42-0.280.820.520.520.50.520.160.490.650.46-0.060.510.470.30.760.70.640.67
-0.41-0.54-0.15-0.580.1-0.48-0.540.630.06-0.03-0.420.16-0.04-0.98-0.51-0.2-0.51-0.06-0.41-0.51-0.850.10.18-0.07-0.25
0.990.920.910.870.760.940.92-0.870.490.210.99-0.10.220.550.990.840.950.51-0.410.930.770.540.680.590.88
0.971.00.840.980.510.991.0-0.960.460.210.970.050.210.650.930.81.00.47-0.510.930.850.570.460.570.79
0.790.870.560.850.250.830.87-0.890.20.170.79-0.080.180.920.830.580.860.3-0.850.770.850.270.190.390.6
0.590.50.590.510.560.480.5-0.370.710.730.570.680.730.080.50.720.530.760.10.540.570.270.670.770.67
0.640.410.710.330.960.460.41-0.260.690.350.630.140.35-0.060.630.740.480.70.180.680.460.190.670.70.78
0.620.540.560.480.560.520.53-0.420.550.410.60.340.410.220.540.830.570.64-0.070.590.570.390.770.70.75
0.870.770.930.710.80.790.77-0.70.620.340.870.080.340.380.850.970.810.67-0.250.880.790.60.670.780.75
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Crown Castle Account Relationship Matchups

Crown Castle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.5B38.8B39.0B38.9B38.5B40.5B
Short Long Term Debt Total23.9B25.4B27.0B28.0B28.8B30.3B
Other Current Liab530M577M583M590M561M285.3M
Total Current Liabilities1.9B2.0B2.0B2.7B2.6B2.7B
Total Stockholder Equity10.5B9.5B8.3B7.4B6.4B5.2B
Property Plant And Equipment Net20.8B21.6B22.0B21.9B21.9B22.9B
Net Debt23.7B25.2B26.7B27.8B28.5B30.0B
Retained Earnings(7.4B)(8.5B)(9.8B)(10.7B)(11.9B)(11.3B)
Accounts Payable334M230M246M236M252M150.2M
Cash196M232M292M156M276M263.2M
Non Current Assets Total37.3B37.7B37.8B37.7B37.5B39.4B
Non Currrent Assets Other1.5B1.5B1.7B2.1B2.3B1.3B
Cash And Short Term Investments196M232M292M156M276M269.9M
Net Receivables596M431M543M720M2.8B3.0B
Common Stock Shares Outstanding415M418M425M434M499.1M310.4M
Liabilities And Stockholders Equity38.5B38.8B39.0B38.9B38.5B40.5B
Non Current Liabilities Total26.1B27.3B28.8B28.7B29.6B31.0B
Inventory244M239M274M268M308.2M200.3M
Other Current Assets168M202M145M73M(3.1B)(3.0B)
Other Stockholder Equity17.9B17.9B18.0B18.1B18.3B19.2B
Total Liab28.0B29.3B30.8B31.5B32.1B33.8B
Property Plant And Equipment Gross13.4B21.6B22.0B15.4B36.1B37.9B
Total Current Assets1.2B1.1B1.3B1.2B1.0B955.6M
Intangible Assets4.8B4.4B4.0B3.6B3.2B2.8B
Other Liab2.5B2.4B2.2B2.0B2.2B1.3B
Other Assets1.5B12.4B1.7B136M156.4M148.6M
Long Term Debt18.0B19.2B20.6B20.9B22.1B11.1B
Property Plant Equipment14.7B15.2B22.0B21.9B25.2B26.5B
Short Term Debt399M458M421M1.2B1.2B1.2B
Current Deferred Revenue661M704M776M736M605M382.9M
Retained Earnings Total Equity(7.4B)(8.5B)(9.8B)(10.7B)(9.6B)(9.1B)
Net Tangible Assets339M(685M)(5.9B)(2.7B)(2.4B)(2.5B)

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Additional Information and Resources on Investing in Crown Stock

When determining whether Crown Castle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crown Castle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crown Castle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crown Castle Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Telecom Tower REITs space 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 Crown Castle. If investors know Crown 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 Crown Castle 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
(0.27)
Dividend Share
6.26
Earnings Share
3.2
Revenue Per Share
15.772
Quarterly Revenue Growth
(0.07)
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle'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 Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle'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 Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Castle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle'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.