Crane Income Before Tax vs Other Operating Expenses Analysis
CR Stock | USD 145.58 4.04 2.70% |
Crane financial indicator trend analysis is way more than just evaluating Crane Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crane Company is a good investment. Please check the relationship between Crane Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Income Before Tax vs Other Operating Expenses
Income Before Tax vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crane Company Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Crane's Income Before Tax and Other Operating Expenses is 0.46. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Crane Company, assuming nothing else is changed. The correlation between historical values of Crane's Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Crane Company are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Crane's Income Before Tax and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Crane income statement and is an important metric when analyzing Crane Company profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Crane Company. It is also known as Crane overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Crane's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crane Company 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 Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Crane's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value Multiple is likely to grow to 21.72, while Selling General Administrative is likely to drop slightly above 764.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.2B | 3.4B | 2.1B | 2.3B | Depreciation And Amortization | 141.3M | 118.9M | 39.3M | 66.1M |
Crane fundamental ratios Correlations
Click cells to compare fundamentals
Crane Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crane fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.6B | 4.5B | 4.4B | 2.3B | 2.4B | |
Short Long Term Debt Total | 991.4M | 1.2B | 842.4M | 1.2B | 315.6M | 541.2M | |
Other Current Liab | 361.3M | 359.5M | 424.9M | 349.1M | 221M | 161.6M | |
Total Current Liabilities | 913.6M | 1.1B | 795.2M | 1.5B | 467.1M | 493.7M | |
Total Stockholder Equity | 1.5B | 1.5B | 1.8B | 1.9B | 1.4B | 876.9M | |
Property Plant And Equipment Net | 615.8M | 600.4M | 527.3M | 509.9M | 270.5M | 325.9M | |
Net Debt | 597.5M | 667.6M | 363.8M | 585.4M | (14M) | (13.3M) | |
Retained Earnings | 2.1B | 2.2B | 2.5B | 2.8B | 960.7M | 1.0B | |
Cash | 393.9M | 551M | 478.6M | 657.6M | 329.6M | 215.1M | |
Non Current Assets Total | 2.9B | 3.0B | 2.7B | 2.7B | 1.2B | 1.4B | |
Non Currrent Assets Other | 766.1M | 733.3M | 742.6M | 654.3M | 539.1M | 334.1M | |
Cash And Short Term Investments | 393.9M | 551M | 478.6M | 657.6M | 329.6M | 215.1M | |
Net Receivables | 574.7M | 447.1M | 486.1M | 474.7M | 370M | 339.9M | |
Liabilities And Stockholders Equity | 4.4B | 4.6B | 4.5B | 4.4B | 2.3B | 2.4B | |
Non Current Liabilities Total | 2.0B | 2.0B | 1.9B | 1.0B | 506.2M | 990.0M | |
Inventory | 456.7M | 438.7M | 440.9M | 439.8M | 353.1M | 323.6M | |
Other Current Assets | 75.2M | 137.4M | 118.1M | 126.5M | 38.1M | 40.6M | |
Other Stockholder Equity | (224.6M) | (267.7M) | (324.4M) | (1.7B) | 1.9M | 2.0M | |
Total Liab | 3.0B | 3.1B | 2.7B | 2.5B | 973.3M | 1.5B | |
Total Current Assets | 1.5B | 1.6B | 1.7B | 1.7B | 1.1B | 931.5M | |
Accumulated Other Comprehensive Income | (483.7M) | (466.4M) | (440.2M) | (131.5M) | (58M) | (60.9M) | |
Short Term Debt | 149.4M | 375.7M | 22.5M | 699.3M | 10.8M | 10.3M | |
Intangible Assets | 505.1M | 520.3M | 465.9M | 344.9M | 87.9M | 83.5M | |
Accounts Payable | 314.5M | 218.4M | 246.7M | 286.6M | 179.1M | 175.8M | |
Current Deferred Revenue | 88.4M | 103M | 101.1M | 142.9M | 56.2M | 53.4M | |
Good Will | 1.5B | 1.6B | 1.4B | 1.5B | 747.7M | 1.2B |
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 ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Crane Stock analysis
When running Crane's price analysis, check to measure Crane'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 Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is Crane'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 Crane. If investors know Crane 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 Crane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.3 | Earnings Share 7.4 | Revenue Per Share 59.758 | Quarterly Revenue Growth 0.104 | Return On Assets 0.1138 |
The market value of Crane Company is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane's value that differs from its market value or its book value, called intrinsic value, which is Crane'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 Crane's market value can be influenced by many factors that don't directly affect Crane'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 Crane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane'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.