Cannae Short Term Investments vs Total Assets Analysis
CNNE Stock | USD 21.70 0.01 0.05% |
Cannae Holdings financial indicator trend analysis is way more than just evaluating Cannae Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cannae Holdings is a good investment. Please check the relationship between Cannae Holdings Short Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
Short Term Investments vs Total Assets
Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cannae Holdings Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cannae Holdings' Short Term Investments and Total Assets is -0.56. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cannae Holdings, assuming nothing else is changed. The correlation between historical values of Cannae Holdings' Short Term Investments and Total 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 Cannae Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., Cannae Holdings' Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Cannae Holdings balance sheet. It contains any investments Cannae Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cannae Holdings can easily liquidate in the marketplace.Total Assets
Total assets refers to the total amount of Cannae Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cannae Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Cannae Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cannae Holdings 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 Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.The current year's Discontinued Operations is expected to grow to about (44.3 M). In addition to that, Selling General Administrative is expected to decline to about 152.1 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 742.2M | 662.1M | 570M | 845.7M | Depreciation And Amortization | 49.2M | 44.6M | 38.3M | 49.8M |
Cannae Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Cannae Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cannae Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 72.4M | 85.9M | 90.1M | 81.6M | 73.4M | 73.9M | |
Total Assets | 2.1B | 4.6B | 3.9B | 3.1B | 2.7B | 2.7B | |
Other Current Liab | (26.4M) | 98.6M | 110.6M | 37.7M | 42M | 37.8M | |
Total Current Liabilities | 198.7M | 202M | 179.5M | 122.7M | 107.5M | 140.2M | |
Total Stockholder Equity | 1.5B | 3.8B | 3.3B | 2.7B | 2.3B | 2.2B | |
Other Liab | 16.4M | 378.4M | 188.8M | 13M | 15.0M | 14.2M | |
Net Tangible Assets | 1.4B | 3.7B | 3.3B | 2.6B | 3.0B | 1.9B | |
Property Plant And Equipment Net | 355.5M | 348.1M | 272.6M | 243.5M | 202.2M | 279.3M | |
Net Debt | (406.6M) | (410M) | 150M | 23.5M | 154.9M | 162.6M | |
Retained Earnings | 143.6M | 1.9B | 1.6B | 1.2B | 901.3M | 807.9M | |
Accounts Payable | 191.7M | 25.7M | 22.7M | 25.8M | 27M | 25.7M | |
Cash | 533.7M | 724.7M | 85.8M | 247.7M | 106.2M | 100.9M | |
Non Current Assets Total | 1.5B | 3.8B | 3.8B | 2.8B | 2.5B | 2.3B | |
Non Currrent Assets Other | 85.6M | 1.5B | 2.4B | 521.1M | 145.3M | 138.0M | |
Other Assets | 54.5M | 3.8M | 9.1M | 28.3M | 1.0 | 0.95 | |
Long Term Debt | 120.1M | 52.2M | 14.1M | 95.1M | 102.5M | 76.4M | |
Cash And Short Term Investments | 533.7M | 759.9M | 85.8M | 282.6M | 121.8M | 115.7M | |
Net Receivables | 16M | 17.6M | 17.7M | 1.9M | 33.6M | 21.3M | |
Good Will | 202.7M | 164.9M | 66.1M | 53.4M | 48.1M | 83.4M | |
Short Term Investments | 500K | 35.2M | 10.1M | 34.9M | 15.6M | 14.8M | |
Non Current Liabilities Total | 363.7M | 626.2M | 369M | 287.9M | 270M | 318.4M | |
Inventory | 22.3M | 16.3M | (17.6M) | (10.1M) | (9.1M) | (8.6M) | |
Other Current Assets | 97.2M | 84.3M | 35.8M | 28M | 55.5M | 54.7M | |
Other Stockholder Equity | 1.4B | 1.9B | 1.7B | 1.5B | 1.4B | 1.5B | |
Total Liab | 562.4M | 828.2M | 548.5M | 410.6M | 377.5M | 515.3M | |
Long Term Investments | 922.1M | 1.5B | 2.4B | 2.1B | 2.0B | 1.3B | |
Short Long Term Debt | 5.9M | 7M | 11.3M | 2.3M | 2.5M | 2.4M | |
Total Current Assets | 630.9M | 844.2M | 121.6M | 310.6M | 177.3M | 315.1M | |
Treasury Stock | (5.9M) | (21.1M) | (188.6M) | (414M) | (372.6M) | (354.0M) | |
Short Term Debt | 7M | 63.7M | 49.9M | 47.9M | 16.4M | 15.6M | |
Intangible Assets | 63.1M | 51.8M | 26.9M | 23.5M | 16.8M | 16.0M | |
Property Plant Equipment | 355.5M | 145.8M | 100.6M | 87.5M | 78.8M | 154.4M | |
Short Long Term Debt Total | 127.1M | 314.7M | 235.8M | 271.2M | 261.1M | 210.0M | |
Current Deferred Revenue | 26.4M | 23.9M | 23.1M | 18.6M | 16.9M | 19.1M | |
Liabilities And Stockholders Equity | 2.1B | 4.6B | 3.9B | 3.1B | 2.7B | 2.9B | |
Capital Lease Obligations | 268.7M | 251.2M | 219.4M | 173.8M | 169.2M | 159.3M | |
Property Plant And Equipment Gross | 355.5M | 348.1M | 455.1M | 243.5M | 343.8M | 326.7M | |
Accumulated Other Comprehensive Income | (45.9M) | (4.9M) | (7.2M) | (18.1M) | (19.9M) | (20.9M) | |
Non Current Liabilities Other | 62.5M | 20.9M | 243.6M | 41.8M | 48.1M | 94.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Multi-Sector Holdings 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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 (0.67) | Dividend Share 0.24 | Earnings Share (4.90) | Revenue Per Share 6.962 | Quarterly Revenue Growth (0.21) |
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.