CNO Total Current Liabilities vs Common Stock Total Equity Analysis

CNO Stock  USD 28.51  0.11  0.38%   
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 Total Current Liabilities and its Common Stock Total Equity 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNO Financial Group Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between CNO Financial's Total Current Liabilities and Common Stock Total Equity is 0.23. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity 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 Total Current Liabilities and Common Stock Total 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 Total Current Liabilities of CNO Financial Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., CNO Financial's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on CNO Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CNO Financial Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 23rd of May 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

0.13-0.450.230.020.720.170.450.95-0.18-0.36-0.270.390.50.730.96-0.86-0.850.11-0.52-0.630.96-0.340.040.230.23
0.13-0.33-0.490.42-0.370.00.18-0.05-0.420.460.280.51-0.34-0.440.02-0.150.03-0.29-0.03-0.360.02-0.34-0.010.340.34
-0.45-0.330.49-0.25-0.060.4-0.64-0.350.65-0.34-0.21-0.76-0.460.08-0.410.450.330.520.060.41-0.410.470.36-0.66-0.66
0.23-0.490.49-0.510.620.66-0.30.430.6-0.74-0.57-0.590.120.650.33-0.23-0.380.81-0.17-0.10.330.660.21-0.68-0.68
0.020.42-0.25-0.51-0.09-0.310.28-0.09-0.390.8-0.130.620.1-0.41-0.04-0.25-0.17-0.35-0.39-0.17-0.04-0.25-0.250.440.43
0.72-0.37-0.060.62-0.090.310.380.860.02-0.41-0.770.130.690.830.82-0.75-0.890.34-0.69-0.530.820.22-0.2-0.02-0.02
0.170.00.40.66-0.310.31-0.430.280.72-0.52-0.48-0.46-0.340.360.22-0.18-0.240.86-0.110.110.220.640.32-0.71-0.71
0.450.18-0.64-0.30.280.38-0.430.47-0.780.34-0.240.820.820.180.54-0.55-0.52-0.67-0.48-0.730.54-0.26-0.820.880.88
0.95-0.05-0.350.43-0.090.860.280.47-0.08-0.45-0.480.30.610.830.99-0.9-0.930.22-0.6-0.650.99-0.1-0.070.140.14
-0.18-0.420.650.6-0.390.020.72-0.78-0.08-0.59-0.18-0.82-0.470.24-0.170.210.140.850.180.62-0.170.530.59-0.89-0.89
-0.360.46-0.34-0.740.8-0.41-0.520.34-0.45-0.590.080.660.03-0.77-0.370.080.18-0.63-0.14-0.05-0.37-0.2-0.470.570.57
-0.270.28-0.21-0.57-0.13-0.77-0.48-0.24-0.48-0.180.08-0.09-0.46-0.44-0.450.550.67-0.390.770.3-0.45-0.60.380.140.14
0.390.51-0.76-0.590.620.13-0.460.820.3-0.820.66-0.090.52-0.150.4-0.56-0.45-0.68-0.5-0.590.4-0.46-0.590.860.86
0.5-0.34-0.460.120.10.69-0.340.820.61-0.470.03-0.460.520.480.63-0.6-0.67-0.33-0.53-0.590.63-0.04-0.680.570.57
0.73-0.440.080.65-0.410.830.360.180.830.24-0.77-0.44-0.150.480.79-0.57-0.680.4-0.39-0.350.790.070.09-0.15-0.16
0.960.02-0.410.33-0.040.820.220.540.99-0.17-0.37-0.450.40.630.79-0.92-0.930.13-0.62-0.71.0-0.16-0.130.240.23
-0.86-0.150.45-0.23-0.25-0.75-0.18-0.55-0.90.210.080.55-0.56-0.6-0.57-0.920.97-0.090.780.69-0.920.140.19-0.28-0.28
-0.850.030.33-0.38-0.17-0.89-0.24-0.52-0.930.140.180.67-0.45-0.67-0.68-0.930.97-0.190.80.67-0.930.010.21-0.18-0.18
0.11-0.290.520.81-0.350.340.86-0.670.220.85-0.63-0.39-0.68-0.330.40.13-0.09-0.19-0.010.260.130.60.57-0.92-0.92
-0.52-0.030.06-0.17-0.39-0.69-0.11-0.48-0.60.18-0.140.77-0.5-0.53-0.39-0.620.780.8-0.010.5-0.620.020.32-0.28-0.27
-0.63-0.360.41-0.1-0.17-0.530.11-0.73-0.650.62-0.050.3-0.59-0.59-0.35-0.70.690.670.260.5-0.70.150.47-0.52-0.51
0.960.02-0.410.33-0.040.820.220.540.99-0.17-0.37-0.450.40.630.791.0-0.92-0.930.13-0.62-0.7-0.16-0.130.240.23
-0.34-0.340.470.66-0.250.220.64-0.26-0.10.53-0.2-0.6-0.46-0.040.07-0.160.140.010.60.020.15-0.16-0.21-0.57-0.57
0.04-0.010.360.21-0.25-0.20.32-0.82-0.070.59-0.470.38-0.59-0.680.09-0.130.190.210.570.320.47-0.13-0.21-0.68-0.68
0.230.34-0.66-0.680.44-0.02-0.710.880.14-0.890.570.140.860.57-0.150.24-0.28-0.18-0.92-0.28-0.520.24-0.57-0.681.0
0.230.34-0.66-0.680.43-0.02-0.710.880.14-0.890.570.140.860.57-0.160.23-0.28-0.18-0.92-0.27-0.510.23-0.57-0.681.0
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 Assets1.5B1.3B1.3B2.1B2.1B1.2B
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
Cash And Equivalents654.7M991.9M731.7M644.9M741.6M802.3M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Stocks Directory
Find actively traded stocks across global markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
FinTech Suite
Use AI to screen and filter profitable investment opportunities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
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
0.6
Earnings Share
3.41
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.