CNO Other Assets vs Accounts Payable Analysis

CNO Stock  USD 28.26  0.32  1.12%   
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 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 Assets vs Accounts Payable

Other 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 Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between CNO Financial's Other Assets and Accounts Payable is 0.28. Overlapping area represents the amount of variation of Other 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 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 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 Assets i.e., CNO Financial's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

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 5th of June 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 Profit4.1B3.6B3.1B3.4B
Total Revenue4.1B3.6B4.1B3.5B

CNO Financial fundamental ratios Correlations

0.13-0.450.230.020.720.180.450.95-0.18-0.36-0.270.390.50.810.96-0.86-0.850.11-0.52-0.630.96-0.340.040.230.23
0.13-0.33-0.490.42-0.37-0.020.18-0.05-0.420.460.280.51-0.34-0.390.02-0.150.03-0.29-0.03-0.360.02-0.34-0.010.340.34
-0.45-0.330.49-0.25-0.060.4-0.64-0.350.65-0.34-0.21-0.76-0.46-0.28-0.410.450.330.520.060.41-0.410.470.36-0.66-0.66
0.23-0.490.49-0.510.620.66-0.30.430.6-0.74-0.57-0.590.120.520.33-0.23-0.380.81-0.17-0.10.330.660.21-0.68-0.68
0.020.42-0.25-0.51-0.09-0.280.28-0.09-0.390.8-0.130.620.1-0.38-0.04-0.25-0.17-0.35-0.39-0.17-0.04-0.25-0.250.440.43
0.72-0.37-0.060.62-0.090.320.380.860.02-0.41-0.770.130.690.820.82-0.75-0.890.34-0.69-0.530.820.22-0.2-0.02-0.02
0.18-0.020.40.66-0.280.32-0.450.290.75-0.52-0.49-0.46-0.330.250.23-0.2-0.260.88-0.130.130.230.620.35-0.72-0.72
0.450.18-0.64-0.30.280.38-0.450.47-0.780.34-0.240.820.820.350.54-0.55-0.52-0.67-0.48-0.730.54-0.26-0.820.880.88
0.95-0.05-0.350.43-0.090.860.290.47-0.08-0.45-0.480.30.610.90.99-0.9-0.930.22-0.6-0.650.99-0.1-0.070.140.14
-0.18-0.420.650.6-0.390.020.75-0.78-0.08-0.59-0.18-0.82-0.470.07-0.170.210.140.850.180.62-0.170.530.59-0.89-0.89
-0.360.46-0.34-0.740.8-0.41-0.520.34-0.45-0.590.080.660.03-0.65-0.370.080.18-0.63-0.14-0.05-0.37-0.2-0.470.570.57
-0.270.28-0.21-0.57-0.13-0.77-0.49-0.24-0.48-0.180.08-0.09-0.46-0.37-0.450.550.67-0.390.770.3-0.45-0.60.380.140.14
0.390.51-0.76-0.590.620.13-0.460.820.3-0.820.66-0.090.520.050.4-0.56-0.45-0.68-0.5-0.590.4-0.46-0.590.860.86
0.5-0.34-0.460.120.10.69-0.330.820.61-0.470.03-0.460.520.630.63-0.6-0.67-0.33-0.53-0.590.63-0.04-0.680.570.57
0.81-0.39-0.280.52-0.380.820.250.350.90.07-0.65-0.370.050.630.86-0.67-0.750.28-0.34-0.410.870.01-0.040.010.01
0.960.02-0.410.33-0.040.820.230.540.99-0.17-0.37-0.450.40.630.86-0.92-0.930.13-0.62-0.71.0-0.16-0.130.240.23
-0.86-0.150.45-0.23-0.25-0.75-0.2-0.55-0.90.210.080.55-0.56-0.6-0.67-0.920.97-0.090.780.69-0.920.140.19-0.28-0.28
-0.850.030.33-0.38-0.17-0.89-0.26-0.52-0.930.140.180.67-0.45-0.67-0.75-0.930.97-0.190.80.67-0.930.010.21-0.18-0.18
0.11-0.290.520.81-0.350.340.88-0.670.220.85-0.63-0.39-0.68-0.330.280.13-0.09-0.19-0.010.260.130.60.57-0.92-0.92
-0.52-0.030.06-0.17-0.39-0.69-0.13-0.48-0.60.18-0.140.77-0.5-0.53-0.34-0.620.780.8-0.010.5-0.620.020.32-0.28-0.27
-0.63-0.360.41-0.1-0.17-0.530.13-0.73-0.650.62-0.050.3-0.59-0.59-0.41-0.70.690.670.260.5-0.70.150.47-0.52-0.51
0.960.02-0.410.33-0.040.820.230.540.99-0.17-0.37-0.450.40.630.871.0-0.92-0.930.13-0.62-0.7-0.16-0.130.240.23
-0.34-0.340.470.66-0.250.220.62-0.26-0.10.53-0.2-0.6-0.46-0.040.01-0.160.140.010.60.020.15-0.16-0.21-0.57-0.57
0.04-0.010.360.21-0.25-0.20.35-0.82-0.070.59-0.470.38-0.59-0.68-0.04-0.130.190.210.570.320.47-0.13-0.21-0.68-0.68
0.230.34-0.66-0.680.44-0.02-0.720.880.14-0.890.570.140.860.570.010.24-0.28-0.18-0.92-0.28-0.520.24-0.57-0.681.0
0.230.34-0.66-0.680.43-0.02-0.720.880.14-0.890.570.140.860.570.010.23-0.28-0.18-0.92-0.27-0.510.23-0.57-0.681.0
Click cells to compare fundamentals

CNO Financial Account Relationship Matchups

CNO Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.6B35.3B36.2B33.3B31.3B28.2B
Total Stockholder Equity4.7B5.5B5.3B1.4B2.2B4.2B
Other Liab22.7B25.1B26.2B26.0B29.9B31.4B
Retained Earnings535.7M752.3M1.1B1.5B1.9B2.0B
Accounts Payable522.3M561.8M501.8M456.5M410.9M585.6M
Cash74.7M54.1M99.6M575.7M889M479.2M
Non Currrent Assets Other(2.5B)(2.2B)(2.2B)(21.8B)3.0B3.2B
Other Assets(15.7B)(17.8B)(19.5B)(14.3B)669.8M636.3M
Long Term Debt2.6B2.8B4.0B3.9B4.2B3.2B
Common Stock Shares Outstanding157.1M143.2M131.1M117.7M115.1M190.1M
Short Term Investments21.3B23.4B24.8B20.4B193.3M183.6M
Liabilities And Stockholders Equity33.6B35.3B36.2B33.3B31.3B28.2B
Other Stockholder Equity2.8B2.5B2.2B2.0B1.9B2.7B
Total Liab3.8B3.9B4.0B31.9B29.0B22.5B
Intangible Assets1.5B1.3B1.3B2.1B2.1B1.3B
Common Stock1.5M1.3M1.2M1.1M990K940.5K
Short Long Term Debt Total3.8B3.9B4.0B3.9B4.2B3.2B
Net Debt3.7B3.9B3.9B3.3B3.4B2.7B
Non Current Assets Total22.8B25.0B26.4B21.8B29.9B31.4B
Cash And Short Term Investments21.4B23.4B24.9B20.9B21.6B13.5B
Net Receivables5.2B4.8B4.5B5.4B5.0B3.7B
Common Stock Total Equity1.5M1.3M1.2M1.1M990K940.5K
Non Current Liabilities Total3.8B3.9B4.0B1.2B33.0B34.7B
Total Current Assets26.6B28.2B29.4B25.8B1.3B1.3B
Accumulated Other Comprehensive Income1.4B2.2B1.9B(2.1B)(1.6B)(1.5B)
Other Current Liab140.9M10.4M8.4M154.9M(4.0B)(3.8B)
Total Current Liabilities140.9M10.4M8.4M154.9M(4.0B)(3.8B)
Other Current Assets1.1B1.6B1.0B991.3M1.3B1.4B
Short Term Debt21.3B1.1B1.1B1.1B1.0B973.7M
Net Tangible Assets4.7B5.5B5.3B1.4B1.3B1.2B
Retained Earnings Total Equity535.7M752.3M1.1B1.5B1.7B1.8B
Long Term Debt Total2.6B2.8B4.0B3.9B4.5B3.0B
Capital Surpluse2.8B2.5B2.2B2.0B1.8B2.6B
Inventory(1.1B)(1.6B)(1.0B)(1.5B)(26.6B)(25.3B)
Long Term Investments25.8B27.8B26.4B21.8B22.6B20.5B
Non Current Liabilities Other26.3B27.1B28.1B29.2B33.5B28.8B
Property Plant And Equipment Net66.5M54.7M48.2M46.6M85.3M89.6M

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Additional Information and Resources on Investing in CNO Stock

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:
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Life & Health Insurance space 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
0.6
Earnings Share
3.42
Revenue Per Share
38.41
Quarterly Revenue Growth
0.15
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.