Cato Payout Ratio vs Total Assets Analysis

CATO Stock  USD 5.89  0.52  9.68%   
Cato financial indicator trend analysis is way more than just evaluating Cato prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cato is a good investment. Please check the relationship between Cato Payout Ratio and its Total Assets accounts. 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.

Payout Ratio vs Total Assets

Payout Ratio vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cato Payout Ratio account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cato's Payout Ratio and Total Assets is 0.18. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cato Corporation, assuming nothing else is changed. The correlation between historical values of Cato's Payout Ratio and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Cato Corporation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Payout Ratio i.e., Cato's Payout Ratio and Total Assets go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Cato Corporation earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Cato dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Cato is paying out more in dividends than it makes in net income.

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.
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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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Cato's price analysis, check to measure Cato'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 Cato is operating at the current time. Most of Cato's value examination focuses on studying past and present price action to predict the probability of Cato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cato's price. Additionally, you may evaluate how the addition of Cato to your portfolios can decrease your overall portfolio volatility.
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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.