Cato Consolidated Income vs Direct Expenses Analysis

CATO Stock  USD 5.89  0.52  9.68%   
Trend analysis of Cato Corporation balance sheet accounts such as Short Long Term Debt Total of 211 M, Other Current Liabilities of 46 M or Total Current Liabilities of 125.3 M provides information on Cato's total assets, liabilities, and equity, which is the actual value of Cato to its prevalent stockholders. By breaking down trends over time using Cato 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. 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.

About Cato Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cato at a specified time, usually calculated after every quarter, six months, or one year. Cato Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cato 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 Cato currently owns. An asset can also be divided into two categories, current and non-current.

Cato Balance Sheet Chart

Cato Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Cato uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Cato's Non Currrent Assets Other are very stable compared to the past year. As of the 28th of March 2024, Net Receivables is likely to grow to about 42.7 M, while Total Assets are likely to drop about 409.5 M.

Total Assets

Total assets refers to the total amount of Cato 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 Cato 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 Cato balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cato Corporation 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 indicators from Cato's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cato 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 Cato Corporation. 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, Cato's Tax Provision is very stable compared to the past year. As of the 28th of March 2024, Enterprise Value Multiple is likely to grow to 10.27, while Selling General Administrative is likely to drop about 196.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit316.2M249.6M287.0M250.8M
Total Revenue769.3M759.3M873.1M723.2M

Cato fundamental ratios Correlations

0.640.650.920.750.490.110.490.20.510.340.740.39-0.470.270.810.160.60.560.230.790.760.81-0.110.75-0.14
0.640.370.560.510.450.10.320.280.50.540.430.19-0.40.290.560.380.670.50.270.50.680.56-0.270.37-0.23
0.650.370.470.570.250.010.480.140.260.350.630.01-0.040.150.480.050.180.28-0.090.570.30.30.150.70.19
0.920.560.470.510.620.310.210.040.630.40.50.44-0.670.430.69-0.050.670.70.490.590.740.79-0.330.52-0.39
0.750.510.570.51-0.05-0.490.930.6-0.030.140.980.260.13-0.330.920.570.220.02-0.260.990.590.810.450.890.44
0.490.450.250.62-0.050.87-0.27-0.40.990.41-0.110.36-0.750.930.09-0.360.840.980.86-0.020.650.21-0.680.07-0.71
0.110.10.010.31-0.490.87-0.67-0.740.860.28-0.520.18-0.720.96-0.34-0.630.60.820.82-0.460.27-0.22-0.79-0.26-0.81
0.490.320.480.210.93-0.27-0.670.69-0.27-0.030.910.20.47-0.540.780.6-0.03-0.21-0.440.90.380.640.70.80.7
0.20.280.140.040.6-0.4-0.740.69-0.380.020.60.060.42-0.580.490.67-0.16-0.33-0.410.590.120.470.510.250.52
0.510.50.260.63-0.030.990.86-0.27-0.380.48-0.090.33-0.780.930.11-0.320.870.990.860.00.680.22-0.720.09-0.74
0.340.540.350.40.140.410.28-0.030.020.480.16-0.23-0.550.390.280.120.650.520.50.170.490.27-0.560.2-0.53
0.740.430.630.50.98-0.11-0.520.910.6-0.090.160.220.16-0.350.870.490.14-0.02-0.330.980.490.760.460.910.47
0.390.190.010.440.260.360.180.20.060.33-0.230.22-0.10.220.27-0.040.320.410.260.330.430.460.020.250.01
-0.47-0.4-0.04-0.670.13-0.75-0.720.470.42-0.78-0.550.16-0.1-0.77-0.10.26-0.79-0.78-0.760.08-0.54-0.230.890.060.93
0.270.290.150.43-0.330.930.96-0.54-0.580.930.39-0.350.22-0.77-0.21-0.480.710.90.81-0.30.4-0.1-0.82-0.14-0.81
0.810.560.480.690.920.09-0.340.780.490.110.280.870.27-0.1-0.210.510.380.180.00.940.710.930.280.790.22
0.160.380.05-0.050.57-0.36-0.630.60.67-0.320.120.49-0.040.26-0.480.510.03-0.3-0.370.530.290.360.350.260.37
0.60.670.180.670.220.840.6-0.03-0.160.870.650.140.32-0.790.710.380.030.890.790.250.890.47-0.680.26-0.7
0.560.50.280.70.020.980.82-0.21-0.330.990.52-0.020.41-0.780.90.18-0.30.890.880.070.720.32-0.70.15-0.72
0.230.27-0.090.49-0.260.860.82-0.44-0.410.860.5-0.330.26-0.760.810.0-0.370.790.88-0.210.570.19-0.74-0.18-0.81
0.790.50.570.590.99-0.02-0.460.90.590.00.170.980.330.08-0.30.940.530.250.07-0.210.610.860.410.890.39
0.760.680.30.740.590.650.270.380.120.680.490.490.43-0.540.40.710.290.890.720.570.610.75-0.290.55-0.34
0.810.560.30.790.810.21-0.220.640.470.220.270.760.46-0.23-0.10.930.360.470.320.190.860.750.130.660.05
-0.11-0.270.15-0.330.45-0.68-0.790.70.51-0.72-0.560.460.020.89-0.820.280.35-0.68-0.7-0.740.41-0.290.130.340.98
0.750.370.70.520.890.07-0.260.80.250.090.20.910.250.06-0.140.790.260.260.15-0.180.890.550.660.340.34
-0.14-0.230.19-0.390.44-0.71-0.810.70.52-0.74-0.530.470.010.93-0.810.220.37-0.7-0.72-0.810.39-0.340.050.980.34
Click cells to compare fundamentals

Cato Account Relationship Matchups

Cato fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.0M591.5M633.8M553.1M636.1M409.5M
Other Current Liab136.2M44.7M67.8M43.6M50.2M46.0M
Total Current Liabilities199.3M181.9M244.1M203.0M233.4M125.3M
Total Stockholder Equity316.5M246.5M254.2M226.6M260.6M240.5M
Property Plant And Equipment Net289.5M272.4M244.3M244.7M281.4M295.4M
Net Debt198.5M189.2M164.6M154.8M178.0M186.9M
Retained Earnings203.5M129.3M134.2M104.7M120.4M196.6M
Cash11.8M17.5M19.8M20.0M23.0M34.4M
Non Current Assets Total322.2M300.9M278.1M275.5M316.8M332.6M
Non Currrent Assets Other24.1M988K22.6M19.7M22.6M23.8M
Cash And Short Term Investments212.2M143.9M165.8M128.7M148.0M125.6M
Net Receivables26.1M52.7M55.8M26.5M30.5M42.7M
Common Stock Shares Outstanding23.7M22.5M21.1M19.9M17.9M26.2M
Liabilities And Stockholders Equity685.0M591.5M633.8M553.1M636.1M409.5M
Non Current Liabilities Total169.2M163.0M135.4M123.6M142.1M149.2M
Inventory115.4M84.1M124.9M112.1M128.9M98.0M
Other Current Assets5.2M5.8M5.3M6.7M6.0M10.3M
Other Stockholder Equity110.8M115.3M119.5M122.4M140.8M147.8M
Total Liab368.5M345.0M379.6M326.5M375.5M394.3M
Property Plant And Equipment Gross289.5M272.4M523.9M526.8M605.9M636.2M
Total Current Assets362.8M290.6M355.7M277.7M319.3M282.0M
Accumulated Other Comprehensive Income1.4M1.2M(280K)(1.2M)(1.4M)(1.5M)
Accounts Payable68.4M73.8M109.5M92.0M105.7M79.4M
Common Stock Total Equity832K826K820K762K685.8K797.6K
Short Term Investments200.4M126.4M146.0M108.7M124.9M125.1M
Common Stock820K762K728K691K621.9K778.4K
Other Liab40.0M22.0M19.7M17.9M20.6M26.3M
Other Assets31.2M31.4M27.3M31.9M36.7M38.6M
Property Plant Equipment94.3M88.7M272.4M244.3M281.0M295.1M
Net Tangible Assets356.8M485.7M246.5M254.2M228.8M305.0M
Long Term Investments1.3M1.3M1.8M1.9M1.7M1.4M
Non Current Liabilities Other22.0M19.7M17.9M16.2M14.6M24.8M
Net Invested Capital316.5M246.5M254.2M226.6M203.9M224.9M

Pair Trading with Cato

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 Cato 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 Cato will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cato Stock

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Moving against Cato Stock

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The ability to find closely correlated positions to Cato could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cato 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 Cato - 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 Cato Corporation to buy it.
The correlation of Cato 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 Cato moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cato 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 Cato 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.
Pair CorrelationCorrelation Matching
When determining whether Cato offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cato'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 Cato Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cato Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Cato'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 Cato. If investors know Cato 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 Cato 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
(0.52)
Dividend Share
0.68
Earnings Share
(0.16)
Revenue Per Share
34.603
Quarterly Revenue Growth
(0.02)
The market value of Cato is measured differently than its book value, which is the value of Cato that is recorded on the company's balance sheet. Investors also form their own opinion of Cato's value that differs from its market value or its book value, called intrinsic value, which is Cato'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 Cato's market value can be influenced by many factors that don't directly affect Cato'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 Cato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cato'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.