CATCo Total Current Liabilities vs Net Receivables Analysis

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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATCo Reinsurance Opps Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between CATCo Reinsurance's Total Current Liabilities and Net Receivables is 0.09. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Total Current Liabilities and Net Receivables 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 CATCo Reinsurance Opps are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., CATCo Reinsurance's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

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
 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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