| CATC Stock | | | 220.00 0.00 0.00% |
CATCo Reinsurance financial indicator trend analysis is way more than just evaluating CATCo Reinsurance Opps prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATCo Reinsurance Opps is a good investment. Please check the relationship between CATCo Reinsurance Long Term Investments and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CATCo Reinsurance Opps. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Long Term Investments vs Total Current Liabilities
Long Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CATCo Reinsurance Opps Long Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CATCo Reinsurance's Long Term Investments and Total Current Liabilities is -0.57. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CATCo Reinsurance Opps, assuming nothing else is changed. The correlation between historical values of CATCo Reinsurance's Long Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of CATCo Reinsurance Opps are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Investments i.e., CATCo Reinsurance's Long Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of CATCo Reinsurance balance sheet that represents investments CATCo Reinsurance Opps intends to hold for over a year. CATCo Reinsurance Opps long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Current Liabilities
Total Current Liabilities is an item on CATCo Reinsurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CATCo Reinsurance Opps 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.
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 Opps 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 Opps. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 87.1
K in 2024
CATCo Reinsurance fundamental ratios Correlations
Click cells to compare fundamentals
CATCo Reinsurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CATCo Reinsurance fundamental ratios Accounts
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Additional Tools for CATCo Stock Analysis
When running CATCo Reinsurance's price analysis, check to
measure CATCo Reinsurance'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 CATCo Reinsurance is operating at the current time. Most of CATCo Reinsurance's value examination focuses on studying past and present price action to
predict the probability of CATCo Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CATCo Reinsurance's price. Additionally, you may evaluate how the addition of CATCo Reinsurance to your portfolios can decrease your overall portfolio volatility.