Crown Return On Assets vs Total Assets Analysis
CCI Stock | USD 100.62 2.27 2.21% |
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 Return On Assets and its Total Assets 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 tightly coupled 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.
Return On Assets vs Total Assets
Return On Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Castle Return On Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Crown Castle's Return On Assets and Total Assets is 0.61. Overlapping area represents the amount of variation of Return On Assets that can explain the historical movement of Total Assets 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 Return On Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Return On Assets of Crown Castle are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Return On Assets i.e., Crown Castle's Return On Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Total Assets
Total assets refers to the total amount of Crown Castle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Crown Castle books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 tightly coupled 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 Profit | 4.3B | 4.9B | 3.3B | 1.9B | Total Revenue | 6.3B | 7.0B | 7.0B | 7.3B |
Crown Castle fundamental ratios Correlations
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Crown Castle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Castle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.5B | 38.8B | 39.0B | 38.9B | 38.5B | 40.5B | |
Short Long Term Debt Total | 23.9B | 25.4B | 27.0B | 28.0B | 28.8B | 30.3B | |
Other Current Liab | 530M | 577M | 583M | 590M | 561M | 285.3M | |
Total Current Liabilities | 1.9B | 2.0B | 2.0B | 2.7B | 2.6B | 2.7B | |
Total Stockholder Equity | 10.5B | 9.5B | 8.3B | 7.4B | 6.4B | 5.2B | |
Property Plant And Equipment Net | 20.8B | 21.6B | 22.0B | 21.9B | 21.9B | 22.9B | |
Net Debt | 23.7B | 25.2B | 26.7B | 27.8B | 28.5B | 30.0B | |
Retained Earnings | (7.4B) | (8.5B) | (9.8B) | (10.7B) | (11.9B) | (11.3B) | |
Accounts Payable | 334M | 230M | 246M | 236M | 252M | 150.2M | |
Cash | 196M | 232M | 292M | 156M | 276M | 263.2M | |
Non Current Assets Total | 37.3B | 37.7B | 37.8B | 37.7B | 37.5B | 39.4B | |
Non Currrent Assets Other | 1.5B | 1.5B | 1.7B | 2.1B | 2.3B | 1.3B | |
Cash And Short Term Investments | 196M | 232M | 292M | 156M | 276M | 269.9M | |
Net Receivables | 596M | 431M | 543M | 720M | 2.8B | 3.0B | |
Common Stock Shares Outstanding | 415M | 418M | 425M | 434M | 499.1M | 310.4M | |
Liabilities And Stockholders Equity | 38.5B | 38.8B | 39.0B | 38.9B | 38.5B | 40.5B | |
Non Current Liabilities Total | 26.1B | 27.3B | 28.8B | 28.7B | 29.6B | 31.0B | |
Inventory | 244M | 239M | 274M | 268M | 308.2M | 200.3M | |
Other Current Assets | 168M | 202M | 145M | 73M | (3.1B) | (3.0B) | |
Other Stockholder Equity | 17.9B | 17.9B | 18.0B | 18.1B | 18.3B | 19.2B | |
Total Liab | 28.0B | 29.3B | 30.8B | 31.5B | 32.1B | 33.8B | |
Property Plant And Equipment Gross | 13.4B | 21.6B | 22.0B | 15.4B | 36.1B | 37.9B | |
Total Current Assets | 1.2B | 1.1B | 1.3B | 1.2B | 1.0B | 955.6M | |
Intangible Assets | 4.8B | 4.4B | 4.0B | 3.6B | 3.2B | 2.8B | |
Other Liab | 2.5B | 2.4B | 2.2B | 2.0B | 2.2B | 1.3B | |
Other Assets | 1.5B | 12.4B | 1.7B | 136M | 156.4M | 148.6M | |
Long Term Debt | 18.0B | 19.2B | 20.6B | 20.9B | 22.1B | 11.1B | |
Property Plant Equipment | 14.7B | 15.2B | 22.0B | 21.9B | 25.2B | 26.5B | |
Short Term Debt | 399M | 458M | 421M | 1.2B | 1.2B | 1.2B | |
Current Deferred Revenue | 661M | 704M | 776M | 736M | 605M | 382.9M | |
Retained Earnings Total Equity | (7.4B) | (8.5B) | (9.8B) | (10.7B) | (9.6B) | (9.1B) | |
Net Tangible Assets | 339M | (685M) | (5.9B) | (2.7B) | (2.4B) | (2.5B) |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total 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 tightly coupled 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.Note that the Crown Castle information on this page should be used as a complementary analysis to other Crown Castle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Crown Castle's price analysis, check to measure Crown Castle'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 Crown Castle is operating at the current time. Most of Crown Castle's value examination focuses on studying past and present price action to predict the probability of Crown Castle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Castle's price. Additionally, you may evaluate how the addition of Crown Castle to your portfolios can decrease your overall portfolio volatility.
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Is Crown Castle'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 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.