Crane Company Financials

CRDelisted Stock  USD 135.13  0.24  0.18%   
Based on the measurements of operating efficiency obtained from Crane's historical financial statements, Crane Company may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Crane's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/28/2024, Other Current Assets is likely to grow to about 40.6 M, while Total Stockholder Equity is likely to drop slightly above 876.9 M. Key indicators impacting Crane's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.130.1227
Notably Up
Slightly volatile
Return On Assets0.06660.1097
Way Down
Slightly volatile
Return On Equity0.170.1885
Moderately Down
Slightly volatile
Debt Equity Ratio0.180.191
Notably Down
Slightly volatile
Current Ratio2.192.3353
Notably Down
Pretty Stable
The financial analysis of Crane is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Crane includes many different criteria found on its balance sheet. For example, investors should never minimize Crane's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Crane's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Crane.

Cash And Equivalents

443.74 Million

With this module, you can analyze Crane financials for your investing period. You should be able to track the changes in Crane individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Crane Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Crane's financial statements are interrelated, with each one affecting the others. For example, an increase in Crane's assets may result in an increase in income on the income statement.
Evaluating Crane's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Crane's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Crane's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Crane Company has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Crane stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Crane's odds of distress score SHOULD NOT be confused with the real chance of Crane Company filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Crane is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Crane's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Crane's official financial statements usually reflect Crane's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Crane Company. For example, before you start analyzing numbers published by Crane accountants, it's critical to develop an understanding of what Crane's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Crane's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Crane's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Crane's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Crane Company. Please utilize our Beneish M Score to check the likelihood of Crane's management manipulating its earnings.

Crane Company Summary

Crane competes with General Electric, Parker Hannifin, Paul Mueller, and Omega Flex. Crane Holdings Co., together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. Crane Holdings Co. was founded in 1855 and is based in Stamford, Connecticut. Crane Holdings operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 11000 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001944013
CUSIP224408104
RegionNorth America
LocationConnecticut; U.S.A
Business Address100 First Stamford
New SymbolCXT
SectorMachinery
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.craneco.com
Phone203 363 7300
CurrencyUSD - US Dollar
You should never invest in Crane without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Crane Stock, because this is throwing your money away. Analyzing the key information contained in Crane's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Crane Key Financial Ratios

Generally speaking, Crane's financial ratios allow both analysts and investors to convert raw data from Crane's financial statements into concise, actionable information that can be used to evaluate the performance of Crane over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Crane Company reports annually and quarterly.

Crane Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B4.5B4.4B2.3B2.4B
Other Current Liab361.3M359.5M424.9M349.1M221M161.6M
Net Debt597.5M667.6M363.8M585.4M(14M)(13.3M)
Retained Earnings2.1B2.2B2.5B2.8B960.7M1.0B
Cash393.9M551M478.6M657.6M329.6M215.1M
Net Receivables574.7M447.1M486.1M474.7M370M339.9M
Inventory456.7M438.7M440.9M439.8M353.1M323.6M
Other Current Assets75.2M137.4M118.1M126.5M38.1M40.6M
Total Liab3.0B3.1B2.7B2.5B973.3M1.5B
Total Current Assets1.5B1.6B1.7B1.7B1.1B931.5M
Short Term Debt149.4M375.7M22.5M699.3M10.8M10.3M
Intangible Assets505.1M520.3M465.9M344.9M87.9M83.5M
Accounts Payable314.5M218.4M246.7M286.6M179.1M175.8M
Good Will1.5B1.6B1.4B1.5B747.7M1.2B

Crane Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Crane's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue3.3B2.9B3.2B3.4B2.1B2.3B
Gross Profit931.1M1.0B1.2B1.3B805M729.3M
Operating Income210.4M262.9M502.3M557.3M283.8M219.0M
Ebit210.4M262.9M502.3M557.3M283.8M305.7M
Ebitda331M407.3M643.6M676.2M323.1M371.8M
Cost Of Revenue2.4B1.9B1.9B2.0B1.3B1.6B
Income Before Tax170.7M224.5M477.2M575.2M267M188.8M
Net Income133.3M181M435.4M401.1M255.9M134.8M
Income Tax Expense37.1M43.4M82.9M164.6M63.2M56.7M
Interest Expense46.8M55.3M46.9M52.2M22.7M38.7M

Crane Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Crane Company. It measures of how well Crane is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Crane brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Crane had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Crane has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(8.3M)35.4M(18.5M)(12.7M)(42M)(39.9M)
Change In Cash50.5M157.1M(72.4M)179M(97.4M)(92.5M)
Free Cash Flow325.1M275.4M446.8M(210M)150.9M168.7M
Depreciation113.5M127.5M119.5M118.9M39.3M68.9M
Other Non Cash Items195.8M(77.5M)(80.3M)(688.9M)(4.6M)(4.8M)
Dividends Paid93.2M100.4M100.6M105.9M(57.3M)(54.4M)
Capital Expenditures68.8M34.1M51.7M58.4M42.7M42.4M
Net Income133.3M181M394.3M410.6M203.8M142.3M
End Period Cash Flow393.9M551M478.6M657.6M329.6M235.9M

Crane Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Crane's current stock value. Our valuation model uses many indicators to compare Crane value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Crane competition to find correlations between indicators driving Crane's intrinsic value. More Info.
Crane Company is rated below average in return on equity category among related companies. It is rated below average in current liabilities category among related companies creating about  2,026,176,158  of Current Liabilities per Return On Equity. At this time, Crane's Return On Equity is relatively stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Crane by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Crane's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Crane's earnings, one of the primary drivers of an investment's value.

Crane Company Systematic Risk

Crane's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Crane volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Crane Company correlated with the market. If Beta is less than 0 Crane generally moves in the opposite direction as compared to the market. If Crane Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Crane Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Crane is generally in the same direction as the market. If Beta > 1 Crane moves generally in the same direction as, but more than the movement of the benchmark.

About Crane Financials

What exactly are Crane Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Crane's income statement, its balance sheet, and the statement of cash flows. Potential Crane investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Crane investors may use each financial statement separately, they are all related. The changes in Crane's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crane's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Crane Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Crane is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Crane has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Crane's financials are consistent with your investment objective using the following steps:
  • Review Crane's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Crane's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Crane's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Crane's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Crane Thematic Clasifications

Crane Company is part of several thematic ideas from Construction Materials to SRI Sustainable Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Crane Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Crane's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Crane growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.65)

At this time, Crane's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Crane March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Crane help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Crane Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of Crane Company based on widely used predictive technical indicators. In general, we focus on analyzing Crane Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Crane's daily price indicators and compare them against related drivers.
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.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Consideration for investing in Crane Stock

If you are still planning to invest in Crane Company check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crane's history and understand the potential risks before investing.
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