CATCo Short Term Investments vs Total Current Assets Analysis

CAT Stock   37.50  0.00  0.00%   
CATCo Reinsurance financial indicator trend analysis is way more than just evaluating CATCo Reinsurance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATCo Reinsurance is a good investment. Please check the relationship between CATCo Reinsurance Short Term Investments and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CATCo Reinsurance Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATCo Reinsurance Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CATCo Reinsurance's Short Term Investments and Total Current Assets is -0.11. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of CATCo Reinsurance Opportunities, assuming nothing else is changed. The correlation between historical values of CATCo Reinsurance's Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of CATCo Reinsurance Opportunities are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., CATCo Reinsurance's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of CATCo Reinsurance balance sheet. It contains any investments CATCo Reinsurance Opportunities undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CATCo Reinsurance can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from CATCo Reinsurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CATCo Reinsurance 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 CATCo Reinsurance Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 4, 2024, Selling General Administrative is expected to decline to about 87.1 K
 2021 2022 2023 2024 (projected)
Interest Income1.7K1.6M229.6K218.1K
Net Interest Income1.7K1.6M229.6K218.1K

CATCo Reinsurance fundamental ratios Correlations

1.0-0.350.340.83-0.93-0.50.340.531.0-0.660.830.61-0.22-0.52-0.52-0.52
1.0-0.350.340.83-0.93-0.50.340.531.0-0.670.830.61-0.22-0.52-0.52-0.52
-0.35-0.35-1.00.23-0.02-0.29-1.0-0.08-0.35-0.110.23-0.950.0-0.03-0.03-0.03
0.340.34-1.0-0.240.030.31.00.080.340.12-0.240.950.010.040.040.04
0.830.830.23-0.24-0.98-0.69-0.240.50.83-0.781.00.06-0.23-0.57-0.57-0.57
-0.93-0.93-0.020.03-0.980.650.03-0.52-0.930.77-0.98-0.270.260.570.570.57
-0.5-0.5-0.290.3-0.690.650.30.2-0.50.32-0.690.090.110.150.150.15
0.340.34-1.01.0-0.240.030.30.080.340.12-0.240.950.010.040.040.04
0.530.53-0.080.080.5-0.520.20.080.53-0.680.50.240.2-0.56-0.56-0.56
1.01.0-0.350.340.83-0.93-0.50.340.53-0.670.830.61-0.22-0.52-0.52-0.52
-0.66-0.67-0.110.12-0.780.770.320.12-0.68-0.67-0.78-0.080.10.670.670.67
0.830.830.23-0.241.0-0.98-0.69-0.240.50.83-0.780.06-0.23-0.57-0.57-0.57
0.610.61-0.950.950.06-0.270.090.950.240.61-0.080.06-0.07-0.11-0.11-0.11
-0.22-0.220.00.01-0.230.260.110.010.2-0.220.1-0.23-0.070.090.090.09
-0.52-0.52-0.030.04-0.570.570.150.04-0.56-0.520.67-0.57-0.110.091.01.0
-0.52-0.52-0.030.04-0.570.570.150.04-0.56-0.520.67-0.57-0.110.091.01.0
-0.52-0.52-0.030.04-0.570.570.150.04-0.56-0.520.67-0.57-0.110.091.01.0
Click cells to compare fundamentals

CATCo Reinsurance Account Relationship Matchups

CATCo Reinsurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets307.5M112.4M107.0M12.0M16.9M16.1M
Total Stockholder Equity306.9M111.8M106.8M9.0M14.5M13.8M
Net Debt(2.6M)(4.3M)(5.6M)(4.4M)(4.1M)(4.3M)
Cash2.6M4.3M5.6M4.4M4.1M4.8M
Non Current Assets Total282.6M97.4M101.3M7.5M12.8M12.1M
Non Currrent Assets Other(282.6M)(97.4M)(101.3M)(7.5M)(12.8M)(13.4M)
Other Assets77.8K53.4K60.0K44.7K38.9K47.4K
Cash And Short Term Investments2.6M4.3M5.6M4.4M4.1M4.8M
Common Stock Shares Outstanding743.2M295.3M232.5M192.4K173.2K164.5K
Liabilities And Stockholders Equity307.5M112.4M107.0M12.0M16.9M16.1M
Other Stockholder Equity306.9M111.8M106.8M9.0M14.5M13.8M
Total Liab599.2K541.7K196.8K2.9M2.4M2.6M
Long Term Investments282.6M97.4M101.3M7.5M12.8M12.1M
Total Current Assets24.8M15.0M5.6M4.4M4.1M3.9M

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Other Information on Investing in CATCo Stock

Balance Sheet is a snapshot of the financial position of CATCo Reinsurance at a specified time, usually calculated after every quarter, six months, or one year. CATCo Reinsurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CATCo Reinsurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CATCo currently owns. An asset can also be divided into two categories, current and non-current.