Cannae Accounts Payable vs Good Will Analysis

CNNE Stock  USD 21.05  0.34  1.64%   
Cannae Holdings financial indicator trend analysis is way more than just evaluating Cannae Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cannae Holdings is a good investment. Please check the relationship between Cannae Holdings Accounts Payable and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. 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.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cannae Holdings Accounts Payable account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cannae Holdings' Accounts Payable and Good Will is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Cannae Holdings, assuming nothing else is changed. The correlation between historical values of Cannae Holdings' Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cannae Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Cannae Holdings' Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Cannae Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cannae Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Cannae Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cannae Holdings 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 Cannae Holdings. 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.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.The current year's Discontinued Operations is expected to grow to about (44.3 M). In addition to that, Selling General Administrative is expected to decline to about 152.1 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses178.2M175.8M195M139.6M
Cost Of Revenue697.5M630.9M493.9M785.9M

Cannae Holdings fundamental ratios Correlations

-0.36-0.220.3-0.39-0.23-0.43-0.180.11-0.360.55-0.45-0.38-0.560.020.28-0.040.470.540.750.03-0.250.390.04-0.49-0.1
-0.360.73-0.290.990.610.960.59-0.050.99-0.720.540.990.84-0.54-0.320.3-0.72-0.81-0.560.540.84-0.93-0.280.960.73
-0.220.73-0.310.710.770.680.360.220.75-0.810.180.760.69-0.05-0.20.02-0.57-0.64-0.320.530.76-0.67-0.560.580.65
0.3-0.29-0.31-0.350.17-0.470.19-0.45-0.360.530.1-0.36-0.23-0.05-0.310.380.360.620.37-0.48-0.160.580.57-0.330.13
-0.390.990.71-0.350.560.980.520.01.0-0.740.510.990.85-0.55-0.340.24-0.73-0.82-0.590.520.79-0.95-0.290.970.65
-0.230.610.770.170.560.490.45-0.350.58-0.570.560.570.650.09-0.450.48-0.33-0.37-0.310.160.72-0.380.060.490.72
-0.430.960.68-0.470.980.490.440.050.97-0.770.480.970.83-0.53-0.260.17-0.69-0.87-0.640.580.75-0.96-0.340.950.57
-0.180.590.360.190.520.450.44-0.470.48-0.210.660.490.43-0.370.090.63-0.63-0.53-0.30.450.82-0.440.020.60.88
0.11-0.050.22-0.450.0-0.350.05-0.470.05-0.28-0.810.09-0.06-0.160.02-0.910.02-0.030.130.13-0.27-0.17-0.82-0.11-0.35
-0.360.990.75-0.361.00.580.970.480.05-0.760.460.990.84-0.53-0.350.2-0.71-0.8-0.560.520.78-0.95-0.340.940.64
0.55-0.72-0.810.53-0.74-0.57-0.77-0.21-0.28-0.76-0.28-0.78-0.810.140.360.150.640.780.73-0.28-0.590.770.54-0.72-0.39
-0.450.540.180.10.510.560.480.66-0.810.46-0.280.430.53-0.11-0.180.83-0.49-0.5-0.60.10.63-0.380.460.630.58
-0.380.990.76-0.360.990.570.970.490.090.99-0.780.430.87-0.53-0.350.14-0.73-0.83-0.590.540.78-0.95-0.380.950.64
-0.560.840.69-0.230.850.650.830.43-0.060.84-0.810.530.87-0.24-0.590.11-0.71-0.78-0.80.260.64-0.74-0.150.870.49
0.02-0.54-0.05-0.05-0.550.09-0.53-0.37-0.16-0.530.14-0.11-0.53-0.240.16-0.070.320.280.14-0.26-0.290.550.24-0.56-0.34
0.28-0.32-0.2-0.31-0.34-0.45-0.260.090.02-0.350.36-0.18-0.35-0.590.160.070.02-0.010.40.510.020.15-0.24-0.34-0.02
-0.040.30.020.380.240.480.170.63-0.910.20.150.830.140.11-0.070.07-0.17-0.11-0.060.120.53-0.080.590.280.61
0.47-0.72-0.570.36-0.73-0.33-0.69-0.630.02-0.710.64-0.49-0.73-0.710.320.02-0.170.850.67-0.48-0.680.720.43-0.76-0.53
0.54-0.81-0.640.62-0.82-0.37-0.87-0.53-0.03-0.80.78-0.5-0.83-0.780.28-0.01-0.110.850.76-0.65-0.750.870.42-0.86-0.52
0.75-0.56-0.320.37-0.59-0.31-0.64-0.30.13-0.560.73-0.6-0.59-0.80.140.4-0.060.670.76-0.03-0.390.580.06-0.73-0.19
0.030.540.53-0.480.520.160.580.450.130.52-0.280.10.540.26-0.260.510.12-0.48-0.65-0.030.66-0.59-0.50.440.52
-0.250.840.76-0.160.790.720.750.82-0.270.78-0.590.630.780.64-0.290.020.53-0.68-0.75-0.390.66-0.74-0.220.770.94
0.39-0.93-0.670.58-0.95-0.38-0.96-0.44-0.17-0.950.77-0.38-0.95-0.740.550.15-0.080.720.870.58-0.59-0.740.47-0.92-0.56
0.04-0.28-0.560.57-0.290.06-0.340.02-0.82-0.340.540.46-0.38-0.150.24-0.240.590.430.420.06-0.5-0.220.47-0.19-0.1
-0.490.960.58-0.330.970.490.950.6-0.110.94-0.720.630.950.87-0.56-0.340.28-0.76-0.86-0.730.440.77-0.92-0.190.63
-0.10.730.650.130.650.720.570.88-0.350.64-0.390.580.640.49-0.34-0.020.61-0.53-0.52-0.190.520.94-0.56-0.10.63
Click cells to compare fundamentals

Cannae Holdings Account Relationship Matchups

Cannae Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding72.4M85.9M90.1M81.6M73.4M73.9M
Total Assets2.1B4.6B3.9B3.1B2.7B2.7B
Other Current Liab(26.4M)114.9M107.6M43.4M38.2M39.7M
Total Current Liabilities198.7M202M179.5M122.7M107.5M140.2M
Total Stockholder Equity1.5B3.8B3.3B2.7B2.3B2.2B
Other Liab16.4M378.4M188.8M13M15.0M14.2M
Net Tangible Assets1.4B3.7B3.3B2.6B3.0B1.9B
Property Plant And Equipment Net355.5M348.1M272.6M243.5M202.2M279.3M
Net Debt(406.6M)(410M)150M23.5M154.9M162.6M
Retained Earnings143.6M1.9B1.6B1.2B901.3M807.9M
Accounts Payable191.7M25.7M22.7M79M36M34.2M
Cash533.7M724.7M85.8M247.7M106.2M100.9M
Non Current Assets Total1.5B3.8B3.8B2.8B2.5B2.3B
Non Currrent Assets Other85.6M1.5B2.4B521.1M145.3M138.0M
Other Assets54.5M3.8M9.1M28.3M1.00.95
Long Term Debt120.1M52.2M14.1M95.1M102.5M76.4M
Cash And Short Term Investments533.7M759.9M85.8M282.6M121.8M115.7M
Net Receivables16M17.6M17.7M1.9M33.6M21.3M
Good Will202.7M164.9M66.1M53.4M48.1M83.4M
Short Term Investments500K35.2M10.1M34.9M15.6M14.8M
Non Current Liabilities Total363.7M626.2M369M287.9M270M318.4M
Inventory22.3M16.3M(17.6M)(10.1M)(9.1M)(8.6M)
Other Current Assets97.2M84.3M35.8M26.1M21.9M20.8M
Other Stockholder Equity1.4B1.9B1.7B1.5B1.4B1.5B
Total Liab562.4M828.2M548.5M410.6M377.5M515.3M
Long Term Investments922.1M1.5B2.4B2.1B2.0B1.3B
Short Long Term Debt5.9M7M11.3M2.3M2.5M2.4M
Total Current Assets630.9M844.2M121.6M310.6M177.3M315.1M
Treasury Stock(5.9M)(21.1M)(188.6M)(414M)(372.6M)(354.0M)
Short Term Debt7M37.5M26.1M25.1M16.4M15.6M
Intangible Assets63.1M51.8M26.9M23.5M16.8M16.0M
Property Plant Equipment355.5M145.8M100.6M87.5M78.8M154.4M
Short Long Term Debt Total127.1M314.7M235.8M271.2M261.1M210.0M
Current Deferred Revenue26.4M23.9M23.1M18.6M16.9M19.1M
Liabilities And Stockholders Equity2.1B4.6B3.9B3.1B2.7B2.9B
Capital Lease Obligations268.7M251.2M219.4M173.8M169.2M159.3M
Property Plant And Equipment Gross355.5M348.1M455.1M243.5M343.8M326.7M
Accumulated Other Comprehensive Income(45.9M)(4.9M)(7.2M)(18.1M)(19.9M)(20.9M)
Non Current Liabilities Other62.5M20.9M243.6M41.8M48.1M94.5M

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When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. 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.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Cannae Holdings' price analysis, check to measure Cannae Holdings' 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 Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cannae Holdings' 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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
(0.67)
Earnings Share
(5.49)
Revenue Per Share
7.304
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.03)
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.