Caterpillar Historical Balance Sheet
CAT Stock | USD 325.14 2.74 0.85% |
Trend analysis of Caterpillar balance sheet accounts such as Short Long Term Debt Total of 23.8 B, Other Current Liabilities of 11.9 B or Total Current Liabilities of 17.8 B provides information on Caterpillar's total assets, liabilities, and equity, which is the actual value of Caterpillar to its prevalent stockholders. By breaking down trends over time using Caterpillar balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Caterpillar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Caterpillar is a good buy for the upcoming year.
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About Caterpillar Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Caterpillar at a specified time, usually calculated after every quarter, six months, or one year. Caterpillar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Caterpillar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Caterpillar currently owns. An asset can also be divided into two categories, current and non-current.
Caterpillar Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Caterpillar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Caterpillar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Caterpillar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Caterpillar are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Caterpillar's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Caterpillar current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Caterpillar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For more information on how to buy Caterpillar Stock please use our How to Invest in Caterpillar guide.At this time, Caterpillar's Property Plant And Equipment Gross is comparatively stable compared to the past year. Other Liabilities is likely to gain to about 9.8 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 17.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 37.8B | 37.0B | 38.5B | 23.8B | Total Assets | 82.8B | 81.9B | 87.5B | 50.5B |
Caterpillar balance sheet Correlations
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Caterpillar Account Relationship Matchups
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High Negative Relationship
Caterpillar balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.5B | 78.3B | 82.8B | 81.9B | 87.5B | 50.5B | |
Short Long Term Debt Total | 37.7B | 37.2B | 37.8B | 37.0B | 38.5B | 23.8B | |
Other Current Liab | 8.1B | 7.3B | 8.9B | 9.7B | 11.3B | 11.9B | |
Total Current Liabilities | 26.6B | 25.7B | 29.8B | 31.5B | 34.7B | 17.8B | |
Total Stockholder Equity | 14.6B | 15.3B | 16.5B | 15.9B | 19.5B | 20.5B | |
Property Plant And Equipment Net | 12.9B | 12.4B | 8.2B | 12.0B | 13.2B | 9.1B | |
Net Debt | 29.4B | 27.8B | 28.5B | 30.0B | 31.5B | 20.6B | |
Retained Earnings | 34.4B | 35.2B | 39.3B | 43.5B | 51.3B | 53.8B | |
Cash | 8.3B | 9.4B | 9.3B | 7.0B | 7.0B | 7.3B | |
Non Current Assets Total | 39.3B | 38.9B | 39.3B | 38.2B | 40.5B | 26.5B | |
Non Currrent Assets Other | 3.3B | 3.8B | 4.1B | 1.3B | 830M | 788.5M | |
Cash And Short Term Investments | 8.3B | 9.4B | 9.3B | 7.0B | 7.0B | 7.3B | |
Net Receivables | 17.9B | 16.8B | 17.4B | 17.9B | 19.1B | 12.0B | |
Common Stock Shares Outstanding | 567.5M | 548.6M | 548.5M | 530.4M | 513.6M | 568.7M | |
Liabilities And Stockholders Equity | 78.5B | 78.3B | 82.8B | 81.9B | 87.5B | 50.5B | |
Non Current Liabilities Total | 37.2B | 37.2B | 36.4B | 34.5B | 33.2B | 23.1B | |
Inventory | 11.3B | 11.4B | 14.0B | 16.3B | 16.6B | 17.4B | |
Other Current Assets | 1.7B | 1.9B | 2.8B | 11.7B | 4.3B | 4.6B | |
Other Stockholder Equity | (24.2B) | (25.2B) | (27.6B) | (31.7B) | (36.3B) | (34.5B) | |
Total Liab | 63.8B | 62.9B | 66.3B | 66.1B | 68.0B | 40.8B | |
Property Plant And Equipment Gross | 12.9B | 12.4B | 12.1B | 12.0B | 28.6B | 30.1B | |
Total Current Assets | 39.2B | 39.5B | 43.5B | 43.8B | 46.9B | 24.0B | |
Accumulated Other Comprehensive Income | (1.6B) | (888M) | (1.6B) | (2.5B) | (1.8B) | (1.9B) | |
Short Term Debt | 11.4B | 11.2B | 11.8B | 11.3B | 13.6B | 7.6B | |
Intangible Assets | 1.6B | 1.3B | 1.0B | 758M | 564M | 535.8M | |
Property Plant Equipment | 12.9B | 12.4B | 8.2B | 12.0B | 13.8B | 9.0B | |
Accounts Payable | 6.0B | 6.1B | 8.2B | 8.7B | 7.9B | 4.8B | |
Common Stock Total Equity | 5.9B | 6.2B | 6.4B | 6.6B | 7.5B | 4.1B | |
Common Stock | 5.9B | 6.2B | 6.4B | 6.6B | 6.4B | 4.2B | |
Other Liab | 10.5B | 11.2B | 10.4B | 8.4B | 9.6B | 9.8B | |
Other Assets | 3.9B | 18.8B | 7.2B | 6.8B | 7.8B | 4.4B | |
Long Term Debt | 26.3B | 26.0B | 26.0B | 25.7B | 24.5B | 21.9B | |
Treasury Stock | (24.2B) | (25.2B) | (27.6B) | (31.7B) | (28.6B) | (27.1B) | |
Current Deferred Revenue | 1.2B | 1.1B | 1.1B | 1.9B | 1.9B | 1.3B | |
Good Will | 6.2B | 6.4B | 6.3B | 5.3B | 5.3B | 4.9B | |
Short Term Investments | 0.0 | 9.4B | 964M | 1.9B | 2.2B | 2.3B | |
Net Tangible Assets | 6.8B | 7.6B | 9.1B | 9.8B | 11.3B | 7.5B |
Pair Trading with Caterpillar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caterpillar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caterpillar will appreciate offsetting losses from the drop in the long position's value.Moving together with Caterpillar Stock
0.75 | DE | Deere Company Fiscal Year End 27th of November 2024 | PairCorr |
Moving against Caterpillar Stock
0.5 | REVG | Rev Group Fiscal Year End 11th of December 2024 | PairCorr |
0.43 | GENC | Gencor Industries | PairCorr |
0.41 | CEADW | CEA Industries Warrant | PairCorr |
0.36 | SHYF | Shyft Group | PairCorr |
0.35 | HY | Hyster Yale Materials | PairCorr |
The ability to find closely correlated positions to Caterpillar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caterpillar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caterpillar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caterpillar to buy it.
The correlation of Caterpillar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caterpillar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caterpillar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caterpillar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Caterpillar Stock Analysis
When running Caterpillar's price analysis, check to measure Caterpillar'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 Caterpillar is operating at the current time. Most of Caterpillar's value examination focuses on studying past and present price action to predict the probability of Caterpillar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caterpillar's price. Additionally, you may evaluate how the addition of Caterpillar to your portfolios can decrease your overall portfolio volatility.