CNO Other Current Assets vs Accounts Payable Analysis

CNO Stock

USD 26.40 0.05 0.19%

CNO Financial financial indicator trend analysis is way more than just evaluating CNO Financial Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNO Financial Group is a good investment. Please check the relationship between CNO Financial Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial Group. 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.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNO Financial Group Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between CNO Financial's Other Current Assets and Accounts Payable is -0.08. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CNO Financial Group, assuming nothing else is changed. The correlation between historical values of CNO Financial's Other Current Assets and Accounts Payable 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 Current Assets of CNO Financial Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., CNO Financial's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents CNO Financial 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 CNO Financial Group 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.

Most indicators from CNO Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNO Financial Group 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 CNO Financial Group. 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.

At this time, CNO Financial's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 28th of April 2024, Enterprise Value Multiple is likely to grow to 19.17, while Selling General Administrative is likely to drop about 219 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.1B	3.6B	3.1B	3.4B
Total Revenue	4.1B	3.6B	4.1B	3.5B

Gross Profit Total Revenue

CNO Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Non Currrent Assets Other	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Total Current Assets	Other Current Liab	Total Current Liabilities
Total Assets		0.13	-0.45	0.23	0.02	0.72	0.17	0.45	0.95	-0.18	-0.36	-0.27	0.39	0.5	0.73	0.96	-0.86	-0.85	0.11	-0.52	-0.63	0.96	-0.34	0.04	0.23	0.23
Total Stockholder Equity	0.13		-0.33	-0.49	0.42	-0.37	0.0	0.18	-0.05	-0.42	0.46	0.28	0.51	-0.34	-0.44	0.02	-0.15	0.03	-0.29	-0.03	-0.36	0.02	-0.34	-0.01	0.34	0.34
Other Liab	-0.45	-0.33		0.49	-0.25	-0.06	0.4	-0.64	-0.35	0.65	-0.34	-0.21	-0.76	-0.46	0.08	-0.41	0.45	0.33	0.52	0.06	0.41	-0.41	0.47	0.36	-0.66	-0.66
Retained Earnings	0.23	-0.49	0.49		-0.51	0.62	0.66	-0.3	0.43	0.6	-0.74	-0.57	-0.59	0.12	0.65	0.33	-0.23	-0.38	0.81	-0.17	-0.1	0.33	0.66	0.21	-0.68	-0.68
Accounts Payable	0.02	0.42	-0.25	-0.51		-0.09	-0.31	0.28	-0.09	-0.39	0.8	-0.13	0.62	0.1	-0.41	-0.04	-0.25	-0.17	-0.35	-0.39	-0.17	-0.04	-0.25	-0.25	0.44	0.43
Cash	0.72	-0.37	-0.06	0.62	-0.09		0.31	0.38	0.86	0.02	-0.41	-0.77	0.13	0.69	0.83	0.82	-0.75	-0.89	0.34	-0.69	-0.53	0.82	0.22	-0.2	-0.02	-0.02
Non Currrent Assets Other	0.17	0.0	0.4	0.66	-0.31	0.31		-0.43	0.28	0.72	-0.52	-0.48	-0.46	-0.34	0.36	0.22	-0.18	-0.24	0.86	-0.11	0.11	0.22	0.64	0.32	-0.71	-0.71
Other Assets	0.45	0.18	-0.64	-0.3	0.28	0.38	-0.43		0.47	-0.78	0.34	-0.24	0.82	0.82	0.18	0.54	-0.55	-0.52	-0.67	-0.48	-0.73	0.54	-0.26	-0.82	0.88	0.88
Long Term Debt	0.95	-0.05	-0.35	0.43	-0.09	0.86	0.28	0.47		-0.08	-0.45	-0.48	0.3	0.61	0.83	0.99	-0.9	-0.93	0.22	-0.6	-0.65	0.99	-0.1	-0.07	0.14	0.14
Good Will	-0.18	-0.42	0.65	0.6	-0.39	0.02	0.72	-0.78	-0.08		-0.59	-0.18	-0.82	-0.47	0.24	-0.17	0.21	0.14	0.85	0.18	0.62	-0.17	0.53	0.59	-0.89	-0.89
Common Stock Shares Outstanding	-0.36	0.46	-0.34	-0.74	0.8	-0.41	-0.52	0.34	-0.45	-0.59		0.08	0.66	0.03	-0.77	-0.37	0.08	0.18	-0.63	-0.14	-0.05	-0.37	-0.2	-0.47	0.57	0.57
Short Term Investments	-0.27	0.28	-0.21	-0.57	-0.13	-0.77	-0.48	-0.24	-0.48	-0.18	0.08		-0.09	-0.46	-0.44	-0.45	0.55	0.67	-0.39	0.77	0.3	-0.45	-0.6	0.38	0.14	0.14
Other Stockholder Equity	0.39	0.51	-0.76	-0.59	0.62	0.13	-0.46	0.82	0.3	-0.82	0.66	-0.09		0.52	-0.15	0.4	-0.56	-0.45	-0.68	-0.5	-0.59	0.4	-0.46	-0.59	0.86	0.86
Total Liab	0.5	-0.34	-0.46	0.12	0.1	0.69	-0.34	0.82	0.61	-0.47	0.03	-0.46	0.52		0.48	0.63	-0.6	-0.67	-0.33	-0.53	-0.59	0.63	-0.04	-0.68	0.57	0.57
Intangible Assets	0.73	-0.44	0.08	0.65	-0.41	0.83	0.36	0.18	0.83	0.24	-0.77	-0.44	-0.15	0.48		0.79	-0.57	-0.68	0.4	-0.39	-0.35	0.79	0.07	0.09	-0.15	-0.16
Common Stock	0.96	0.02	-0.41	0.33	-0.04	0.82	0.22	0.54	0.99	-0.17	-0.37	-0.45	0.4	0.63	0.79		-0.92	-0.93	0.13	-0.62	-0.7	1.0	-0.16	-0.13	0.24	0.23
Short Long Term Debt Total	-0.86	-0.15	0.45	-0.23	-0.25	-0.75	-0.18	-0.55	-0.9	0.21	0.08	0.55	-0.56	-0.6	-0.57	-0.92		0.97	-0.09	0.78	0.69	-0.92	0.14	0.19	-0.28	-0.28
Net Debt	-0.85	0.03	0.33	-0.38	-0.17	-0.89	-0.24	-0.52	-0.93	0.14	0.18	0.67	-0.45	-0.67	-0.68	-0.93	0.97		-0.19	0.8	0.67	-0.93	0.01	0.21	-0.18	-0.18
Non Current Assets Total	0.11	-0.29	0.52	0.81	-0.35	0.34	0.86	-0.67	0.22	0.85	-0.63	-0.39	-0.68	-0.33	0.4	0.13	-0.09	-0.19		-0.01	0.26	0.13	0.6	0.57	-0.92	-0.92
Cash And Short Term Investments	-0.52	-0.03	0.06	-0.17	-0.39	-0.69	-0.11	-0.48	-0.6	0.18	-0.14	0.77	-0.5	-0.53	-0.39	-0.62	0.78	0.8	-0.01		0.5	-0.62	0.02	0.32	-0.28	-0.27
Net Receivables	-0.63	-0.36	0.41	-0.1	-0.17	-0.53	0.11	-0.73	-0.65	0.62	-0.05	0.3	-0.59	-0.59	-0.35	-0.7	0.69	0.67	0.26	0.5		-0.7	0.15	0.47	-0.52	-0.51
Common Stock Total Equity	0.96	0.02	-0.41	0.33	-0.04	0.82	0.22	0.54	0.99	-0.17	-0.37	-0.45	0.4	0.63	0.79	1.0	-0.92	-0.93	0.13	-0.62	-0.7		-0.16	-0.13	0.24	0.23
Non Current Liabilities Total	-0.34	-0.34	0.47	0.66	-0.25	0.22	0.64	-0.26	-0.1	0.53	-0.2	-0.6	-0.46	-0.04	0.07	-0.16	0.14	0.01	0.6	0.02	0.15	-0.16		-0.21	-0.57	-0.57
Total Current Assets	0.04	-0.01	0.36	0.21	-0.25	-0.2	0.32	-0.82	-0.07	0.59	-0.47	0.38	-0.59	-0.68	0.09	-0.13	0.19	0.21	0.57	0.32	0.47	-0.13	-0.21		-0.68	-0.68
Other Current Liab	0.23	0.34	-0.66	-0.68	0.44	-0.02	-0.71	0.88	0.14	-0.89	0.57	0.14	0.86	0.57	-0.15	0.24	-0.28	-0.18	-0.92	-0.28	-0.52	0.24	-0.57	-0.68		1.0
Total Current Liabilities	0.23	0.34	-0.66	-0.68	0.43	-0.02	-0.71	0.88	0.14	-0.89	0.57	0.14	0.86	0.57	-0.16	0.23	-0.28	-0.18	-0.92	-0.27	-0.51	0.23	-0.57	-0.68	1.0

Click cells to compare fundamentals

CNO Financial Account Relationship Matchups

CNO Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.6B	35.3B	36.2B	33.3B	31.3B	28.2B
Total Stockholder Equity	4.7B	5.5B	5.3B	1.4B	2.2B	4.2B
Other Liab	22.7B	25.1B	26.2B	26.0B	29.9B	31.4B
Retained Earnings	535.7M	752.3M	1.1B	1.5B	1.9B	2.0B
Accounts Payable	522.3M	561.8M	501.8M	456.5M	410.9M	585.6M
Cash	74.7M	54.1M	99.6M	575.7M	889M	479.2M
Non Currrent Assets Other	(2.5B)	(2.2B)	(2.2B)	(21.8B)	3.0B	3.2B
Other Assets	(15.7B)	(17.8B)	(19.5B)	(14.3B)	669.8M	636.3M
Long Term Debt	2.6B	2.8B	4.0B	3.9B	4.2B	3.2B
Common Stock Shares Outstanding	157.1M	143.2M	131.1M	117.7M	115.1M	190.1M
Short Term Investments	21.3B	23.4B	24.8B	20.4B	193.3M	183.6M
Liabilities And Stockholders Equity	33.6B	35.3B	36.2B	33.3B	31.3B	28.2B
Other Stockholder Equity	2.8B	2.5B	2.2B	2.0B	1.9B	2.7B
Total Liab	3.8B	3.9B	4.0B	31.9B	29.0B	22.5B
Intangible Assets	1.5B	1.3B	1.3B	2.1B	2.1B	1.2B
Common Stock	1.5M	1.3M	1.2M	1.1M	990K	940.5K
Short Long Term Debt Total	3.8B	3.9B	4.0B	3.9B	4.2B	3.2B
Net Debt	3.7B	3.9B	3.9B	3.3B	3.4B	2.7B
Non Current Assets Total	22.8B	25.0B	26.4B	21.8B	29.9B	31.4B
Cash And Short Term Investments	21.4B	23.4B	24.9B	20.9B	21.6B	13.5B
Net Receivables	5.2B	4.8B	4.5B	5.4B	5.0B	3.7B
Common Stock Total Equity	1.5M	1.3M	1.2M	1.1M	990K	940.5K
Non Current Liabilities Total	3.8B	3.9B	4.0B	1.2B	33.0B	34.7B
Total Current Assets	26.6B	28.2B	29.4B	25.8B	1.3B	1.3B
Accumulated Other Comprehensive Income	1.4B	2.2B	1.9B	(2.1B)	(1.6B)	(1.5B)
Other Current Liab	140.9M	10.4M	8.4M	154.9M	(4.0B)	(3.8B)
Total Current Liabilities	140.9M	10.4M	8.4M	154.9M	(4.0B)	(3.8B)
Other Current Assets	1.1B	1.6B	1.0B	991.3M	1.3B	1.4B
Short Term Debt	21.3B	1.1B	1.1B	1.1B	1.0B	973.7M
Net Tangible Assets	4.7B	5.5B	5.3B	1.4B	1.3B	1.2B
Retained Earnings Total Equity	535.7M	752.3M	1.1B	1.5B	1.7B	1.8B
Long Term Debt Total	2.6B	2.8B	4.0B	3.9B	4.5B	3.0B
Capital Surpluse	2.8B	2.5B	2.2B	2.0B	1.8B	2.6B
Inventory	(1.1B)	(1.6B)	(1.0B)	(1.5B)	(26.6B)	(25.3B)
Long Term Investments	25.8B	27.8B	26.4B	21.8B	22.6B	20.5B
Non Current Liabilities Other	26.3B	27.1B	28.1B	29.2B	33.5B	28.8B
Cash And Equivalents	654.7M	991.9M	731.7M	644.9M	741.6M	802.3M

CNO Financial Investors Sentiment

The influence of CNO Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CNO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to CNO Financial's public news can be used to forecast risks associated with an investment in CNO. The trend in average sentiment can be used to explain how an investor holding CNO can time the market purely based on public headlines and social activities around CNO Financial Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

CNO Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CNO Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CNO Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CNO Financial.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CNO Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CNO Financial's short interest history, or implied volatility extrapolated from CNO Financial options trading.

Pair Trading with CNO Financial

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

Moving together with CNO Stock

0.62	FG	FG Annuities Life Financial Report 1st of May 2024	Pair Corr
0.68	GL	Globe Life Financial Report 1st of May 2024	Pair Corr

The ability to find closely correlated positions to CNO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNO Financial 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 CNO Financial - 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 CNO Financial Group to buy it.

The correlation of CNO Financial 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 CNO Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNO Financial Group 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 CNO Financial 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 Correlation Correlation Matching

When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial'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 Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock:

How To Invest In CNO

Details

Is CNO Stock a good investment?

Details

What is CNO Financial's Net Worth?

Details

Largest Life & Health Insurance Companies

View

Largest Insurance - Life Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial Group. 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.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for CNO Stock analysis

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

	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	CEOs Directory Screen CEOs from public companies around the world
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Volatility Analysis Get historical volatility and risk analysis based on latest market data

Is CNO Financial'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 CNO Financial. If investors know CNO 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 CNO Financial 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

(0.04)

Dividend Share

0.59

Earnings Share

2.4

Revenue Per Share

36.608

Quarterly Revenue Growth

0.202

The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial'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 CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial'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 CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CNO Other Current Assets vs Accounts Payable Analysis

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Assets

Accounts Payable

CNO Financial fundamental ratios Correlations

CNO Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CNO Financial fundamental ratios Accounts

CNO Financial Investors Sentiment

Pair Trading with CNO Financial

Moving together with CNO Stock

Complementary Tools for CNO Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 1.0	Common Stock
Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock	+ 0.99	Long Term Debt
Common Stock Total Equity	+ 0.99	Long Term Debt
Net Debt	+ 0.97	Short Long Term Debt Total
Common Stock	+ 0.96	Total Assets

Common Stock Total Equity	- 0.93	Net Debt
Net Debt	- 0.93	Common Stock
Net Debt	- 0.93	Long Term Debt
Total Current Liabilities	- 0.92	Non Current Assets Total
Other Current Liab	- 0.92	Non Current Assets Total
Common Stock Total Equity	- 0.92	Short Long Term Debt Total