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 DirectionPositive 
Relationship StrengthSignificant

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 Profit652.4M790.5M1.3B1.4B
Total Revenue652.4M790.5M1.3B1.4B

Cathay General fundamental ratios Correlations

0.430.540.860.370.250.42-0.15-0.220.350.590.120.860.210.190.550.550.130.440.920.960.130.270.110.880.57
0.430.990.670.440.980.080.610.480.120.140.930.060.540.83-0.230.490.24-0.30.680.660.90.980.130.770.64
0.540.990.730.460.940.120.590.460.140.160.880.20.530.83-0.150.530.19-0.230.760.750.850.950.140.840.64
0.860.670.730.460.530.210.02-0.070.480.550.410.560.210.390.090.530.14-0.020.920.930.370.540.150.90.71
0.370.440.460.460.44-0.180.230.13-0.130.090.390.190.640.4-0.020.860.14-0.10.480.450.470.4-0.150.480.36
0.250.980.940.530.44-0.040.70.570.020.020.97-0.130.540.86-0.370.430.24-0.420.540.510.941.00.090.640.59
0.420.080.120.21-0.18-0.04-0.1-0.01-0.04-0.030.010.460.26-0.010.530.340.390.560.350.370.080.00.460.35-0.25
-0.150.610.590.020.230.7-0.10.97-0.36-0.610.79-0.340.550.92-0.460.21-0.1-0.430.160.080.720.690.250.250.09
-0.220.480.46-0.070.130.57-0.010.97-0.38-0.740.71-0.360.530.85-0.450.17-0.14-0.40.07-0.010.620.570.410.15-0.1
0.350.120.140.48-0.130.02-0.04-0.36-0.380.52-0.050.23-0.17-0.14-0.04-0.17-0.04-0.120.280.33-0.10.030.170.280.34
0.590.140.160.550.090.02-0.03-0.61-0.740.52-0.20.49-0.32-0.330.360.040.180.240.430.51-0.140.03-0.420.40.71
0.120.930.880.410.390.970.010.790.71-0.05-0.2-0.240.630.89-0.430.420.24-0.460.440.40.960.960.250.550.39
0.860.060.20.560.19-0.130.46-0.34-0.360.230.49-0.240.04-0.060.740.4-0.070.660.640.71-0.19-0.1-0.040.590.24
0.210.540.530.210.640.540.260.550.53-0.17-0.320.630.040.630.050.780.380.030.390.360.710.520.260.470.04
0.190.830.830.390.40.86-0.010.920.85-0.14-0.330.89-0.060.63-0.370.42-0.02-0.390.480.430.830.850.260.570.34
0.55-0.23-0.150.09-0.02-0.370.53-0.46-0.45-0.040.36-0.430.740.05-0.370.240.080.990.310.37-0.3-0.34-0.120.280.0
0.550.490.530.530.860.430.340.210.17-0.170.040.420.40.780.420.240.330.170.630.610.520.410.10.640.2
0.130.240.190.140.140.240.39-0.1-0.14-0.040.180.24-0.070.38-0.020.080.330.050.180.20.330.210.10.180.09
0.44-0.3-0.23-0.02-0.1-0.420.56-0.43-0.4-0.120.24-0.460.660.03-0.390.990.170.050.210.26-0.33-0.39-0.070.18-0.13
0.920.680.760.920.480.540.350.160.070.280.430.440.640.390.480.310.630.180.210.990.440.560.20.980.67
0.960.660.750.930.450.510.370.08-0.010.330.510.40.710.360.430.370.610.20.260.990.40.530.170.970.67
0.130.90.850.370.470.940.080.720.62-0.1-0.140.96-0.190.710.83-0.30.520.33-0.330.440.40.940.080.560.41
0.270.980.950.540.41.00.00.690.570.030.030.96-0.10.520.85-0.340.410.21-0.390.560.530.940.10.660.59
0.110.130.140.15-0.150.090.460.250.410.17-0.420.25-0.040.260.26-0.120.10.1-0.070.20.170.080.10.16-0.33
0.880.770.840.90.480.640.350.250.150.280.40.550.590.470.570.280.640.180.180.980.970.560.660.160.68
0.570.640.640.710.360.59-0.250.09-0.10.340.710.390.240.040.340.00.20.09-0.130.670.670.410.59-0.330.68
Click cells to compare fundamentals

Cathay General Account Relationship Matchups

Cathay General fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding80.2M79.8M78.6M74.7M72.9M59.9M
Total Assets18.1B19.0B20.9B22.0B23.1B24.3B
Total Stockholder Equity2.3B2.4B2.4B2.5B2.7B2.9B
Property Plant And Equipment Net138.2M133.9M127.2M124.4M123.2M77.4M
Net Debt700.0M187.7M58.8M463.8M535.7M302.4M
Retained Earnings1.7B1.8B2.0B2.2B2.5B2.6B
Cash179.7M138.6M134.1M195.4M174.0M164.1M
Non Current Assets Total2.7B3.2B4.3B2.3B22.1B23.2B
Non Currrent Assets Other(79.8M)(91.6M)(79.7M)(1.1B)20.5B21.6B
Other Assets13.3B13.4B13.0B16.9B1.00.95
Cash And Short Term Investments2.0B2.5B3.6B2.6B(174.0M)(165.3M)
Net Receivables53.5M59.0M57.0M82.4M97.7M102.6M
Liabilities And Stockholders Equity18.1B19.0B20.9B22.0B23.1B24.3B
Other Stockholder Equity631.9M622.6M463.2M330.6M320.7M389.3M
Total Liab15.8B326.3M193.0M19.5B20.4B21.4B
Property Plant And Equipment Gross138.2M133.9M127.2M124.4M243.8M256.0M
Total Current Assets2.1B2.5B3.6B2.7B965.9M917.6M
Accumulated Other Comprehensive Income2.3M5.3M(3.1M)(102.3M)(85.4M)(81.1M)
Short Long Term Debt Total879.7M326.3M193.0M659.3M709.7M528.6M
Non Current Liabilities Total854.0M326.3M193.0M19.5B2.1B2.1B
Other Current Assets677.9M1.5B2.6B1.3B965.9M917.6M
Common Stock Total Equity898K900K906K909K1.0M690.7K
Common Stock900K906K909K911K914K715.7K
Other Liab215.7M175.5M180.5M306.1M352.0M369.6M
Accounts Payable14.7B16.1B18.1B18.5B21.3B22.3B
Short Term Investments1.9B2.3B3.4B2.4B2.3B1.4B
Inventory(677.9M)(1.5B)(2.6B)(1.3B)76.3M80.1M
Intangible Assets6.3M5.4M4.6M5.8M4.5M4.2M
Property Plant Equipment104.2M103.0M127.2M124.4M143.1M93.3M
Treasury Stock(282.2M)(318.5M)(342.1M)(509.2M)(458.3M)(435.4M)
Total Current Liabilities25.7M8.8B11.6B17.4B18.3B19.2B
Short Term Debt25.7M139.4M9.4M10.8M10.8M10.3M
Retained Earnings Total Equity1.5B1.7B1.8B2.0B2.3B1.3B
Other Current Liab(25.7M)8.7B11.6B17.4B18.3B10.8B
Net Tangible Assets1.9B2.0B2.1B2.1B2.4B1.8B
Capital Surpluse942.1M950.5M964.7M972.5M1.1B977.0M

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When determining whether Cathay General Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cathay General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cathay General Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cathay General Bancorp Stock:
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.

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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.