Crescent Total Current Assets vs Property Plant And Equipment Net Analysis

CPG Stock  CAD 11.65  0.08  0.69%   
Crescent Point financial indicator trend analysis is way more than just evaluating Crescent Point Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crescent Point Energy is a good investment. Please check the relationship between Crescent Point Total Current Assets and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Point Energy Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Crescent Point's Total Current Assets and Property Plant And Equipment Net is 0.41. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Crescent Point Energy, assuming nothing else is changed. The correlation between historical values of Crescent Point's Total Current Assets and Property Plant And Equipment Net 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 Current Assets of Crescent Point Energy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Crescent Point's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Crescent Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crescent Point Energy 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 Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Crescent Point's Tax Provision is very stable compared to the past year. As of the 31st of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Selling General Administrative is likely to drop about 101.6 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.7B2.0B2.3B2.1B
Total Revenue2.8B4.0B3.6B2.0B

Crescent Point fundamental ratios Correlations

-0.10.450.970.990.79-0.07-0.041.0-0.060.870.570.90.38-0.140.930.330.450.770.450.050.90.70.10.850.3
-0.10.21-0.19-0.180.08-0.660.18-0.110.050.120.50.00.02-0.110.040.00.080.090.4-0.06-0.070.370.080.190.4
0.450.210.460.440.28-0.460.330.430.720.670.60.280.61-0.160.40.90.840.160.020.260.530.55-0.590.620.57
0.97-0.190.460.980.60.10.030.97-0.060.870.440.760.32-0.070.80.340.410.610.270.20.940.680.130.80.11
0.99-0.180.440.980.740.03-0.070.99-0.070.860.490.860.34-0.110.890.330.410.710.360.10.910.660.090.830.23
0.790.080.280.60.74-0.43-0.160.78-0.030.610.70.960.39-0.290.950.210.390.940.76-0.310.510.520.030.710.66
-0.07-0.66-0.460.10.03-0.43-0.27-0.05-0.36-0.22-0.8-0.25-0.280.37-0.3-0.42-0.38-0.39-0.520.190.1-0.440.21-0.35-0.86
-0.040.180.330.03-0.07-0.16-0.27-0.070.490.140.29-0.210.25-0.1-0.130.350.39-0.08-0.110.04-0.090.160.06-0.050.24
1.0-0.110.430.970.990.78-0.05-0.07-0.090.860.540.90.34-0.130.920.310.410.770.450.050.890.70.110.850.28
-0.060.050.72-0.06-0.07-0.03-0.360.49-0.090.110.25-0.130.55-0.18-0.050.740.75-0.2-0.20.17-0.05-0.03-0.790.110.53
0.870.120.670.870.860.61-0.220.140.860.110.710.690.37-0.010.780.510.530.550.230.150.90.840.060.90.36
0.570.50.60.440.490.7-0.80.290.540.250.710.60.33-0.290.680.520.480.620.51-0.070.420.760.030.740.81
0.90.00.280.760.860.96-0.25-0.210.9-0.130.690.60.38-0.220.990.180.370.930.71-0.230.670.580.080.760.49
0.380.020.610.320.340.39-0.280.250.340.550.370.330.38-0.260.430.550.920.310.38-0.180.310.17-0.450.310.51
-0.14-0.11-0.16-0.07-0.11-0.290.37-0.1-0.13-0.18-0.01-0.29-0.22-0.26-0.23-0.22-0.23-0.28-0.31-0.210.030.10.11-0.09-0.44
0.930.040.40.80.890.95-0.3-0.130.92-0.050.780.680.990.43-0.230.280.450.90.67-0.180.730.640.060.820.54
0.330.00.90.340.330.21-0.420.350.310.740.510.520.180.55-0.220.280.760.1-0.10.170.330.34-0.590.410.59
0.450.080.840.410.410.39-0.380.390.410.750.530.480.370.92-0.230.450.760.280.24-0.010.410.34-0.580.470.6
0.770.090.160.610.710.94-0.39-0.080.77-0.20.550.620.930.31-0.280.90.10.280.83-0.350.470.560.170.610.53
0.450.40.020.270.360.76-0.52-0.110.45-0.20.230.510.710.38-0.310.67-0.10.240.83-0.450.170.390.140.390.53
0.05-0.060.260.20.1-0.310.190.040.050.170.15-0.07-0.23-0.18-0.21-0.180.17-0.01-0.35-0.450.330.17-0.150.27-0.33
0.9-0.070.530.940.910.510.1-0.090.89-0.050.90.420.670.310.030.730.330.410.470.170.330.730.050.860.05
0.70.370.550.680.660.52-0.440.160.7-0.030.840.760.580.170.10.640.340.340.560.390.170.730.140.870.33
0.10.08-0.590.130.090.030.210.060.11-0.790.060.030.08-0.450.110.06-0.59-0.580.170.14-0.150.050.14-0.06-0.35
0.850.190.620.80.830.71-0.35-0.050.850.110.90.740.760.31-0.090.820.410.470.610.390.270.860.87-0.060.42
0.30.40.570.110.230.66-0.860.240.280.530.360.810.490.51-0.440.540.590.60.530.53-0.330.050.33-0.350.42
Click cells to compare fundamentals

Crescent Point Account Relationship Matchups

Crescent Point fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B6.6B9.2B9.5B12.8B8.7B
Other Current Liab543M421.2M277.9M227.2M183.8M141.2M
Total Current Liabilities775.3M669.2M1.0B1.2B1.4B1.4B
Total Stockholder Equity5.3B2.8B5.4B6.5B6.9B5.3B
Property Plant And Equipment Net8.2B4.6B7.8B7.9B11.4B7.7B
Net Debt3.0B2.4B2.1B1.3B3.5B1.9B
Retained Earnings(11.6B)(14.2B)(11.8B)(10.6B)(10.2B)(9.7B)
Cash56.9M8.8M13.5M289.9M17.3M33.9M
Non Current Assets Total9.5B6.4B8.8B8.5B11.7B8.3B
Cash And Short Term Investments56.9M8.8M13.5M289.9M333.4M350.1M
Net Receivables295.9M200.5M314.3M327.8M377.9M235.7M
Common Stock Shares Outstanding545.7M529.3M575.1M571.1M619.9M342.1M
Liabilities And Stockholders Equity10.1B6.6B9.2B9.5B10.9B8.5B
Non Current Liabilities Total4.0B3.2B2.7B1.8B4.5B2.8B
Other Current Assets271.8M46.7M83.1M371.5M427.2M448.6M
Other Stockholder Equity35.1M19.7M17.5M17.1M15.4M14.6M
Total Liab4.7B3.8B3.8B3.0B5.9B3.5B
Property Plant And Equipment Gross8.2B4.6B25.3B24.1B26.5B27.8B
Total Current Assets631.5M278.7M410.9M989.2M1.1B1.1B
Short Long Term Debt Total3.1B2.4B2.1B1.6B1.8B1.9B
Non Currrent Assets Other502.2M422.8M151.2M102.8M118.2M187.6M
Short Term Debt232.3M248M303.6M563.6M648.1M680.5M
Accounts Payable479.4M311.6M450.7M448.2M634.9M449.4M
Accumulated Other Comprehensive Income495.5M517.7M529.6M620.3M713.3M749.0M
Good Will230.9M223.3M211.5M203.9M275.9M213.5M
Common Stock Total Equity16.5B16.5B16.4B16.5B18.9B16.6B
Common Stock16.4B16.5B16.7B16.4B18.9B16.9B
Other Liab1.1B985.8M925.7M752M676.8M1.2B
Net Tangible Assets5.1B2.6B5.2B6.3B5.7B5.7B
Other Assets1.0B1.6B721.3M381.6M438.8M810.0M
Long Term Debt2.7B2.0B1.7B902.8M3.2B2.3B
Long Term Investments22.4M2.5M0.0200K180K171K
Short Long Term Debt201M221.6M278.1M538.7M380M274.4M
Property Plant Equipment8.2B4.6B7.8B7.9B7.1B8.9B
Long Term Debt Total2.9B2.2B1.8B1.0B901.8M856.7M
Capital Surpluse35.1M19.7M17.5M17.1M15.4M14.6M
Capital Lease Obligations181.2M156.5M141.4M124.1M144.7M120.3M
Net Invested Capital8.2B5.1B7.4B7.9B10.4B7.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Crescent Stock analysis

When running Crescent Point's price analysis, check to measure Crescent Point'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 Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Commodity Directory
Find actively traded commodities issued by global exchanges
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Please note, there is a significant difference between Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point'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.