Cooper Cash vs Non Current Assets Total Analysis

COO Stock

USD 89.48 0.64 0.72%

Cooper Companies financial indicator trend analysis is way more than just evaluating Cooper Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Companies is a good investment. Please check the relationship between Cooper Companies Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Companies Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cooper Companies' Cash and Non Current Assets Total is 0.61. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of The Cooper Companies, assuming nothing else is changed. The correlation between historical values of Cooper Companies' Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of The Cooper Companies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Cooper Companies' Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Cooper Companies, which is listed under current asset account on The Cooper Companies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cooper Companies customers. The amounts must be unrestricted with restricted cash listed in a different Cooper Companies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Cooper Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Companies 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 The Cooper Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

At this time, Cooper Companies' Selling General Administrative is very stable compared to the past year. As of the 29th of April 2024, Tax Provision is likely to grow to about 112.2 M, while Sales General And Administrative To Revenue is likely to drop 0.31.

	2021	2022	2023	2024 (projected)
Interest Expense	57.3M	105.3M	94.8M	99.5M
Depreciation And Amortization	204.5M	186.2M	214.1M	224.8M

Interest Expense Depreciation And Amortization

Cooper Companies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.87	0.87	0.99	0.94	0.93	0.99	0.62	1.0	0.91	0.62	0.99	0.88	0.97	0.97	0.98	0.25	0.97	0.93	0.99	0.09	0.93	0.97	0.53	0.54
Short Long Term Debt Total	0.94		0.87	0.91	0.88	0.9	1.0	0.9	0.59	0.94	0.82	0.59	0.94	0.83	0.98	0.93	0.95	0.24	0.99	0.81	0.94	0.26	0.95	0.93	0.53	0.53
Other Current Liab	0.87	0.87		0.86	0.84	0.94	0.87	0.84	0.48	0.86	0.62	0.48	0.9	0.89	0.83	0.89	0.89	0.39	0.87	0.8	0.9	0.3	0.9	0.84	0.66	0.66
Total Current Liabilities	0.87	0.91	0.86		0.82	0.87	0.91	0.83	0.59	0.86	0.72	0.59	0.89	0.93	0.85	0.86	0.86	0.24	0.91	0.71	0.87	0.56	0.91	0.86	0.53	0.53
Total Stockholder Equity	0.99	0.88	0.84	0.82		0.93	0.88	1.0	0.6	0.99	0.9	0.6	0.98	0.87	0.93	0.96	0.96	0.25	0.93	0.94	0.98	0.02	0.88	0.95	0.52	0.53
Property Plant And Equipment Net	0.94	0.9	0.94	0.87	0.93		0.9	0.92	0.49	0.94	0.78	0.49	0.96	0.9	0.9	0.97	0.93	0.38	0.92	0.91	0.96	0.18	0.87	0.94	0.66	0.67
Net Debt	0.93	1.0	0.87	0.91	0.88	0.9		0.89	0.56	0.93	0.81	0.56	0.94	0.82	0.98	0.93	0.94	0.26	0.99	0.81	0.93	0.27	0.95	0.93	0.55	0.55
Retained Earnings	0.99	0.9	0.84	0.83	1.0	0.92	0.89		0.66	0.99	0.91	0.66	0.98	0.89	0.94	0.95	0.96	0.19	0.94	0.94	0.98	0.05	0.9	0.95	0.47	0.47
Cash	0.62	0.59	0.48	0.59	0.6	0.49	0.56	0.66		0.61	0.65	1.0	0.62	0.63	0.61	0.54	0.63	-0.33	0.62	0.55	0.63	0.13	0.65	0.58	-0.08	-0.08
Non Current Assets Total	1.0	0.94	0.86	0.86	0.99	0.94	0.93	0.99	0.61		0.91	0.61	0.99	0.88	0.97	0.97	0.98	0.25	0.97	0.92	0.99	0.08	0.92	0.97	0.52	0.53
Non Currrent Assets Other	0.91	0.82	0.62	0.72	0.9	0.78	0.81	0.91	0.65	0.91		0.65	0.89	0.75	0.9	0.87	0.89	0.06	0.88	0.89	0.89	-0.1	0.8	0.92	0.3	0.31
Cash And Short Term Investments	0.62	0.59	0.48	0.59	0.6	0.49	0.56	0.66	1.0	0.61	0.65		0.62	0.63	0.61	0.54	0.63	-0.33	0.62	0.55	0.63	0.13	0.65	0.58	-0.08	-0.08
Net Receivables	0.99	0.94	0.9	0.89	0.98	0.96	0.94	0.98	0.62	0.99	0.89	0.62		0.92	0.96	0.98	0.99	0.25	0.97	0.94	1.0	0.13	0.94	0.97	0.53	0.54
Common Stock Shares Outstanding	0.88	0.83	0.89	0.93	0.87	0.9	0.82	0.89	0.63	0.88	0.75	0.63	0.92		0.81	0.87	0.87	0.15	0.86	0.83	0.9	0.38	0.88	0.85	0.45	0.45
Non Current Liabilities Total	0.97	0.98	0.83	0.85	0.93	0.9	0.98	0.94	0.61	0.97	0.9	0.61	0.96	0.81		0.95	0.98	0.22	0.99	0.87	0.96	0.09	0.94	0.96	0.49	0.5
Inventory	0.97	0.93	0.89	0.86	0.96	0.97	0.93	0.95	0.54	0.97	0.87	0.54	0.98	0.87	0.95		0.97	0.35	0.95	0.93	0.99	0.11	0.89	0.98	0.63	0.64
Other Current Assets	0.98	0.95	0.89	0.86	0.96	0.93	0.94	0.96	0.63	0.98	0.89	0.63	0.99	0.87	0.98	0.97		0.25	0.97	0.92	0.99	0.07	0.96	0.97	0.53	0.53
Other Stockholder Equity	0.25	0.24	0.39	0.24	0.25	0.38	0.26	0.19	-0.33	0.25	0.06	-0.33	0.25	0.15	0.22	0.35	0.25		0.23	0.19	0.27	0.07	0.18	0.32	0.93	0.93
Total Liab	0.97	0.99	0.87	0.91	0.93	0.92	0.99	0.94	0.62	0.97	0.88	0.62	0.97	0.86	0.99	0.95	0.97	0.23		0.86	0.96	0.21	0.96	0.96	0.52	0.52
Property Plant And Equipment Gross	0.93	0.81	0.8	0.71	0.94	0.91	0.81	0.94	0.55	0.92	0.89	0.55	0.94	0.83	0.87	0.93	0.92	0.19	0.86		0.94	-0.12	0.8	0.9	0.45	0.46
Total Current Assets	0.99	0.94	0.9	0.87	0.98	0.96	0.93	0.98	0.63	0.99	0.89	0.63	1.0	0.9	0.96	0.99	0.99	0.27	0.96	0.94		0.11	0.93	0.97	0.56	0.56
Short Term Debt	0.09	0.26	0.3	0.56	0.02	0.18	0.27	0.05	0.13	0.08	-0.1	0.13	0.13	0.38	0.09	0.11	0.07	0.07	0.21	-0.12	0.11		0.26	0.1	0.2	0.2
Intangible Assets	0.93	0.95	0.9	0.91	0.88	0.87	0.95	0.9	0.65	0.92	0.8	0.65	0.94	0.88	0.94	0.89	0.96	0.18	0.96	0.8	0.93	0.26		0.9	0.46	0.47
Accounts Payable	0.97	0.93	0.84	0.86	0.95	0.94	0.93	0.95	0.58	0.97	0.92	0.58	0.97	0.85	0.96	0.98	0.97	0.32	0.96	0.9	0.97	0.1	0.9		0.59	0.6
Common Stock Total Equity	0.53	0.53	0.66	0.53	0.52	0.66	0.55	0.47	-0.08	0.52	0.3	-0.08	0.53	0.45	0.49	0.63	0.53	0.93	0.52	0.45	0.56	0.2	0.46	0.59		1.0
Common Stock	0.54	0.53	0.66	0.53	0.53	0.67	0.55	0.47	-0.08	0.53	0.31	-0.08	0.54	0.45	0.5	0.64	0.53	0.93	0.52	0.46	0.56	0.2	0.47	0.6	1.0

Click cells to compare fundamentals

Cooper Companies Account Relationship Matchups

Cooper Companies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	9.6B	11.5B	11.7B	13.4B	14.1B
Short Long Term Debt Total	2.0B	1.7B	2.8B	2.6B	3.0B	3.1B
Other Current Liab	595.1M	649.2M	525.2M	538.1M	618.8M	649.8M
Total Current Liabilities	1.0B	732.1M	1.3B	969M	1.1B	1.2B
Total Stockholder Equity	3.8B	6.9B	7.2B	7.6B	8.7B	9.1B
Property Plant And Equipment Net	1.5B	1.6B	1.4B	1.6B	1.9B	2.0B
Net Debt	1.9B	1.6B	2.6B	2.4B	2.8B	3.0B
Retained Earnings	3.3B	6.2B	6.6B	6.9B	7.9B	8.3B
Cash	115.9M	95.9M	138.2M	120.8M	138.9M	145.9M
Non Current Assets Total	5.5B	8.1B	10.0B	10.0B	11.4B	12.0B
Non Currrent Assets Other	104.8M	127M	463.4M	637.1M	732.7M	769.3M
Cash And Short Term Investments	115.9M	95.9M	138.2M	120.8M	138.9M	145.9M
Net Receivables	435.4M	515.3M	557.8M	609.7M	701.2M	736.2M
Common Stock Shares Outstanding	200M	198.4M	199.2M	198.8M	229.1M	240.5M
Liabilities And Stockholders Equity	6.7B	9.6B	11.5B	11.7B	13.4B	14.1B
Non Current Liabilities Total	1.9B	1.9B	3.0B	3.1B	3.6B	3.8B
Inventory	570.4M	585.6M	628.7M	735.6M	845.9M	888.2M
Other Current Assets	152.5M	179.3M	208.9M	238.8M	274.6M	288.4M
Other Stockholder Equity	1.0B	1.1B	1.1B	1.1B	1.3B	694.7M
Total Liab	2.9B	2.7B	4.3B	4.1B	4.7B	5.0B
Property Plant And Equipment Gross	1.5B	2.7B	1.4B	3.2B	3.7B	3.8B
Total Current Assets	1.3B	1.5B	1.5B	1.7B	2.0B	2.1B
Accumulated Other Comprehensive Income	(472M)	(341.3M)	(466.8M)	(453.8M)	(408.4M)	(388.0M)
Short Term Debt	409.3M	82.9M	412.6M	45.4M	52.2M	96.7M
Intangible Assets	1.3B	1.3B	1.9B	1.7B	2.0B	2.1B
Accounts Payable	176M	161.4M	248.8M	261.9M	301.2M	316.2M
Other Liab	271.1M	304.3M	686.6M	615.1M	707.4M	742.7M
Other Assets	184.9M	2.7B	3.0B	3.0B	3.4B	3.6B
Long Term Debt	1.4B	1.4B	2.4B	2.5B	2.9B	3.0B
Good Will	2.4B	2.6B	3.6B	3.6B	4.2B	4.4B
Property Plant Equipment	1.3B	1.6B	1.4B	1.6B	1.9B	2.0B
Current Deferred Revenue	(176M)	(161.4M)	93.6M	123.6M	111.2M	116.8M
Net Tangible Assets	88.3M	3.1B	1.7B	2.2B	2.5B	2.7B
Retained Earnings Total Equity	3.0B	3.3B	6.2B	6.6B	7.6B	8.0B

Cooper Companies Investors Sentiment

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

Cooper Companies' 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 Cooper Companies' 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 Cooper Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cooper Companies.

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 Cooper Companies 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, Cooper Companies' short interest history, or implied volatility extrapolated from Cooper Companies options trading.

Pair Trading with Cooper Companies

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

Moving together with Cooper Stock

0.79	CAH	Cardinal Health Earnings Call This Week	Pair Corr
0.64	CVS	CVS Health Corp Sell-off Trend	Pair Corr

Moving against Cooper Stock

0.59

DYNT

Dynatronics Financial Report 9th of May 2024

Pair Corr

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

The correlation of Cooper Companies 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 Cooper Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cooper Companies 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 Cooper Companies 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 Cooper Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cooper Companies' 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 The Cooper Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Cooper Companies Stock:

How To Invest In Cooper

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Is Cooper Stock a good investment?

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What is Cooper Companies' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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

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Is Cooper Companies' 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 Cooper Companies. If investors know Cooper 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 Cooper Companies 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

0.008

Earnings Share

1.46

Revenue Per Share

18.496

Quarterly Revenue Growth

0.085

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

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Cooper Cash vs Non Current Assets Total Analysis

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Cash

Non Current Assets Total

Cooper Companies fundamental ratios Correlations

Cooper Companies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cooper Companies fundamental ratios Accounts

Cooper Companies Investors Sentiment

Pair Trading with Cooper Companies

Moving together with Cooper Stock

Moving against Cooper Stock

Complementary Tools for Cooper Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables
Common Stock	+ 1.0	Common Stock Total Equity

Other Stockholder Equity	- 0.33	Cash And Short Term Investments
Other Stockholder Equity	- 0.33	Cash
Short Term Debt	- 0.12	Property Plant And Equipment Gross
Short Term Debt	- 0.1	Non Currrent Assets Other
Common Stock	- 0.08	Cash And Short Term Investments
Common Stock Total Equity	- 0.08	Cash And Short Term Investments