Cathay Other Liab vs Non Current Assets Total Analysis
CATY Stock | USD 37.91 0.18 0.47% |
Cathay General financial indicator trend analysis is way more than just evaluating Cathay General Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathay General Bancorp is a good investment. Please check the relationship between Cathay General Other Liab and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Other Liab vs Non Current Assets Total
Other Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathay General Bancorp Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cathay General's Other Liab and Non Current Assets Total is 0.72. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Cathay General Bancorp, assuming nothing else is changed. The correlation between historical values of Cathay General's Other Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Cathay General Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., Cathay General's Other Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Cathay General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathay General Bancorp 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 Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Cathay General's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 82.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 652.4M | 790.5M | 1.3B | 1.4B | Total Revenue | 652.4M | 790.5M | 1.3B | 1.4B |
Cathay General fundamental ratios Correlations
Click cells to compare fundamentals
Cathay General Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cathay General fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.2M | 79.8M | 78.6M | 74.7M | 72.9M | 59.9M | |
Total Assets | 18.1B | 19.0B | 20.9B | 22.0B | 23.1B | 24.3B | |
Total Stockholder Equity | 2.3B | 2.4B | 2.4B | 2.5B | 2.7B | 2.9B | |
Property Plant And Equipment Net | 138.2M | 133.9M | 127.2M | 124.4M | 123.2M | 77.4M | |
Net Debt | 700.0M | 187.7M | 58.8M | 463.8M | 535.7M | 302.4M | |
Retained Earnings | 1.7B | 1.8B | 2.0B | 2.2B | 2.5B | 2.6B | |
Cash | 179.7M | 138.6M | 134.1M | 195.4M | 174.0M | 164.1M | |
Non Current Assets Total | 2.7B | 3.2B | 4.3B | 2.3B | 22.1B | 23.2B | |
Non Currrent Assets Other | (79.8M) | (91.6M) | (79.7M) | (1.1B) | 20.5B | 21.6B | |
Other Assets | 13.3B | 13.4B | 13.0B | 16.9B | 1.0 | 0.95 | |
Cash And Short Term Investments | 2.0B | 2.5B | 3.6B | 2.6B | (174.0M) | (165.3M) | |
Net Receivables | 53.5M | 59.0M | 57.0M | 82.4M | 97.7M | 102.6M | |
Liabilities And Stockholders Equity | 18.1B | 19.0B | 20.9B | 22.0B | 23.1B | 24.3B | |
Other Stockholder Equity | 631.9M | 622.6M | 463.2M | 330.6M | 320.7M | 389.3M | |
Total Liab | 15.8B | 326.3M | 193.0M | 19.5B | 20.4B | 21.4B | |
Property Plant And Equipment Gross | 138.2M | 133.9M | 127.2M | 124.4M | 243.8M | 256.0M | |
Total Current Assets | 2.1B | 2.5B | 3.6B | 2.7B | 965.9M | 917.6M | |
Accumulated Other Comprehensive Income | 2.3M | 5.3M | (3.1M) | (102.3M) | (85.4M) | (81.1M) | |
Short Long Term Debt Total | 879.7M | 326.3M | 193.0M | 659.3M | 709.7M | 528.6M | |
Non Current Liabilities Total | 854.0M | 326.3M | 193.0M | 19.5B | 2.1B | 2.1B | |
Other Current Assets | 677.9M | 1.5B | 2.6B | 1.3B | 965.9M | 917.6M | |
Common Stock Total Equity | 898K | 900K | 906K | 909K | 1.0M | 690.7K | |
Common Stock | 900K | 906K | 909K | 911K | 914K | 715.7K | |
Other Liab | 215.7M | 175.5M | 180.5M | 306.1M | 352.0M | 369.6M | |
Accounts Payable | 14.7B | 16.1B | 18.1B | 18.5B | 21.3B | 22.3B | |
Short Term Investments | 1.9B | 2.3B | 3.4B | 2.4B | 2.3B | 1.4B | |
Inventory | (677.9M) | (1.5B) | (2.6B) | (1.3B) | 76.3M | 80.1M | |
Intangible Assets | 6.3M | 5.4M | 4.6M | 5.8M | 4.5M | 4.2M | |
Property Plant Equipment | 104.2M | 103.0M | 127.2M | 124.4M | 143.1M | 93.3M | |
Treasury Stock | (282.2M) | (318.5M) | (342.1M) | (509.2M) | (458.3M) | (435.4M) | |
Total Current Liabilities | 25.7M | 8.8B | 11.6B | 17.4B | 18.3B | 19.2B | |
Short Term Debt | 25.7M | 139.4M | 9.4M | 10.8M | 10.8M | 10.3M | |
Retained Earnings Total Equity | 1.5B | 1.7B | 1.8B | 2.0B | 2.3B | 1.3B | |
Other Current Liab | (25.7M) | 8.7B | 11.6B | 17.4B | 18.3B | 10.8B | |
Net Tangible Assets | 1.9B | 2.0B | 2.1B | 2.1B | 2.4B | 1.8B | |
Capital Surpluse | 942.1M | 950.5M | 964.7M | 972.5M | 1.1B | 977.0M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Cathay Stock analysis
When running Cathay General's price analysis, check to measure Cathay General'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 Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Stocks Directory Find actively traded stocks across global markets | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Cathay General'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 Cathay General. If investors know Cathay 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 Cathay General 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 (0.26) | Dividend Share 1.02 | Earnings Share 4.52 | Revenue Per Share 10.45 | Quarterly Revenue Growth (0.13) |
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General'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 Cathay General's market value can be influenced by many factors that don't directly affect Cathay General'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 Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General'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.