Cooper Balance Sheet Analysis

COO Stock

USD 90.41 0.55 0.61%

Most accounts from Cooper Companies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 Cooper Companies Valuation and Cooper Companies Correlation analysis.

At this time, Cooper Companies' Net Debt is very stable compared to the past year. As of the 19th of April 2024, Retained Earnings is likely to grow to about 8.3 B, while Other Stockholder Equity is likely to drop about 1.2 B.

Net Receivables Accounts Payable

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	2.8B	2.6B	3.0B	3.1B
Total Assets	11.5B	11.7B	13.4B	14.1B

Short Long Term Debt Total Total Assets

Cooper Companies balance sheet 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	-0.24	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	-0.15	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	-0.28	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	-0.16	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	-0.26	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	-0.18	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	-0.14	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	-0.26	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	-0.29	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	-0.26	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	-0.29	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	-0.27	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	-0.34	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	-0.21	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	-0.18	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		-0.28	0.97	0.92	0.99	0.07	0.96	0.97	0.53	0.53
Other Stockholder Equity	-0.24	-0.15	-0.28	-0.16	-0.26	-0.18	-0.14	-0.26	-0.29	-0.25	-0.26	-0.29	-0.27	-0.34	-0.21	-0.18	-0.28		-0.21	-0.22	-0.23	0.17	-0.34	-0.24	0.07	0.07
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	-0.21		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	-0.22	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	-0.23	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	0.17	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	-0.34	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	-0.24	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	0.07	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	0.07	0.52	0.46	0.56	0.2	0.47	0.6	1.0

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Cooper Companies Account Relationship Matchups

Cooper Companies balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	9.6B	11.5B	11.7B	13.4B	14.1B
Other Current Liab	595.1M	649.2M	525.2M	538.1M	618.8M	649.8M
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
Net Receivables	435.4M	515.3M	557.8M	609.7M	701.2M	736.2M
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
Total Liab	2.9B	2.7B	4.3B	4.1B	4.7B	5.0B
Total Current Assets	1.3B	1.5B	1.5B	1.7B	2.0B	2.1B
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
Net Tangible Assets	88.3M	3.1B	1.7B	2.2B	2.5B	2.7B

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

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0.7	FEMY	Femasys Financial Report 9th of May 2024	Pair Corr

Moving against Cooper Stock

0.5	DYNT	Dynatronics Financial Report 9th of May 2024	Pair Corr
0.49	IVP	Inspire Veterinary	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 Cooper Companies Valuation and Cooper Companies Correlation analysis.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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 Balance Sheet Analysis

Cooper Companies balance sheet Correlations

Cooper Companies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cooper Companies balance sheet Accounts

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

Intangible Assets	- 0.34	Other Stockholder Equity
Other Stockholder Equity	- 0.34	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.29	Cash And Short Term Investments
Other Stockholder Equity	- 0.29	Cash
Other Stockholder Equity	- 0.28	Other Current Assets
Other Stockholder Equity	- 0.28	Other Current Liab