Cathay Non Currrent Assets Other vs Total Stockholder Equity Analysis
CATY Stock | USD 37.91 0.18 0.47% |
Cathay General financial indicator trend analysis is way more than just evaluating Cathay General Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathay General Bancorp is a good investment. Please check the relationship between Cathay General Non Currrent Assets Other and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. 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.
Non Currrent Assets Other vs Total Stockholder Equity
Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathay General Bancorp Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cathay General's Non Currrent Assets Other and Total Stockholder Equity is 0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Cathay General Bancorp, assuming nothing else is changed. The correlation between historical values of Cathay General's Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Cathay General Bancorp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Cathay General's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Cathay General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathay General Bancorp 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 Cathay General Bancorp. 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, Cathay General's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 82.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 381.8M | 590.1M | 22.4M | 21.3M | Other Operating Expenses | 270.5M | 6.9M | 897.6M | 942.4M |
Cathay General fundamental ratios Correlations
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Cathay General Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cathay General fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.2M | 79.8M | 78.6M | 74.7M | 72.9M | 59.9M | |
Total Assets | 18.1B | 19.0B | 20.9B | 22.0B | 23.1B | 24.3B | |
Total Stockholder Equity | 2.3B | 2.4B | 2.4B | 2.5B | 2.7B | 2.9B | |
Property Plant And Equipment Net | 138.2M | 133.9M | 127.2M | 124.4M | 123.2M | 77.4M | |
Net Debt | 700.0M | 187.7M | 58.8M | 463.8M | 535.7M | 302.4M | |
Retained Earnings | 1.7B | 1.8B | 2.0B | 2.2B | 2.5B | 2.6B | |
Cash | 179.7M | 138.6M | 134.1M | 195.4M | 174.0M | 164.1M | |
Non Current Assets Total | 2.7B | 3.2B | 4.3B | 2.3B | 22.1B | 23.2B | |
Non Currrent Assets Other | (79.8M) | (91.6M) | (79.7M) | (1.1B) | 20.5B | 21.6B | |
Other Assets | 13.3B | 13.4B | 13.0B | 16.9B | 1.0 | 0.95 | |
Cash And Short Term Investments | 2.0B | 2.5B | 3.6B | 2.6B | (174.0M) | (165.3M) | |
Net Receivables | 53.5M | 59.0M | 57.0M | 82.4M | 97.7M | 102.6M | |
Liabilities And Stockholders Equity | 18.1B | 19.0B | 20.9B | 22.0B | 23.1B | 24.3B | |
Other Stockholder Equity | 631.9M | 622.6M | 463.2M | 330.6M | 320.7M | 389.3M | |
Total Liab | 15.8B | 326.3M | 193.0M | 19.5B | 20.4B | 21.4B | |
Property Plant And Equipment Gross | 138.2M | 133.9M | 127.2M | 124.4M | 243.8M | 256.0M | |
Total Current Assets | 2.1B | 2.5B | 3.6B | 2.7B | 965.9M | 917.6M | |
Accumulated Other Comprehensive Income | 2.3M | 5.3M | (3.1M) | (102.3M) | (85.4M) | (81.1M) | |
Short Long Term Debt Total | 879.7M | 326.3M | 193.0M | 659.3M | 709.7M | 528.6M | |
Non Current Liabilities Total | 854.0M | 326.3M | 193.0M | 19.5B | 2.1B | 2.1B | |
Other Current Assets | 677.9M | 1.5B | 2.6B | 1.3B | 965.9M | 917.6M | |
Common Stock Total Equity | 898K | 900K | 906K | 909K | 1.0M | 690.7K | |
Common Stock | 900K | 906K | 909K | 911K | 914K | 715.7K | |
Other Liab | 215.7M | 175.5M | 180.5M | 306.1M | 352.0M | 369.6M | |
Accounts Payable | 14.7B | 16.1B | 18.1B | 18.5B | 21.3B | 22.3B | |
Short Term Investments | 1.9B | 2.3B | 3.4B | 2.4B | 2.3B | 1.4B | |
Inventory | (677.9M) | (1.5B) | (2.6B) | (1.3B) | 76.3M | 80.1M | |
Intangible Assets | 6.3M | 5.4M | 4.6M | 5.8M | 4.5M | 4.2M | |
Property Plant Equipment | 104.2M | 103.0M | 127.2M | 124.4M | 143.1M | 93.3M | |
Treasury Stock | (282.2M) | (318.5M) | (342.1M) | (509.2M) | (458.3M) | (435.4M) | |
Total Current Liabilities | 25.7M | 8.8B | 11.6B | 17.4B | 18.3B | 19.2B | |
Short Term Debt | 25.7M | 139.4M | 9.4M | 10.8M | 10.8M | 10.3M | |
Retained Earnings Total Equity | 1.5B | 1.7B | 1.8B | 2.0B | 2.3B | 1.3B | |
Other Current Liab | (25.7M) | 8.7B | 11.6B | 17.4B | 18.3B | 10.8B | |
Net Tangible Assets | 1.9B | 2.0B | 2.1B | 2.1B | 2.4B | 1.8B | |
Capital Surpluse | 942.1M | 950.5M | 964.7M | 972.5M | 1.1B | 977.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Cathay General Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cathay General'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 Cathay General Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cathay General Bancorp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is Cathay General'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 Cathay General. If investors know Cathay 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 Cathay General 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 (0.26) | Dividend Share 1.02 | Earnings Share 4.52 | Revenue Per Share 10.45 | Quarterly Revenue Growth (0.13) |
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General'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 Cathay General's market value can be influenced by many factors that don't directly affect Cathay General'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 Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General'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.