Crescent Total Current Liabilities vs Net Debt 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 Liabilities and its Net Debt 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 Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crescent Point Energy Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Crescent Point's Total Current Liabilities and Net Debt is 0.28. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Liabilities and Net Debt 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 Liabilities of Crescent Point Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Crescent Point's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Crescent Point balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Crescent Point Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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

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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.