Cable Common Stock Total Equity vs Accounts Payable Analysis

CABO Stock  USD 419.57  0.10  0.02%   
Cable One financial indicator trend analysis is way more than just evaluating Cable One prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cable One is a good investment. Please check the relationship between Cable One Common Stock Total Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cable One. 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 labor statistics.
To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.

Common Stock Total Equity vs Accounts Payable

Common Stock Total Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cable One Common Stock Total Equity account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cable One's Common Stock Total Equity and Accounts Payable is -0.52. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Cable One, assuming nothing else is changed. The correlation between historical values of Cable One's Common Stock Total Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Cable One are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Total Equity i.e., Cable One's Common Stock Total Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Total Equity

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

Accounts Payable

An accounting item on the balance sheet that represents Cable One obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cable One are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Cable One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cable One 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 Cable One. 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 labor statistics.
To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.At this time, Cable One's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.80, while Selling General Administrative is likely to drop about 308.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.2B1.2B830.9M
Total Revenue1.6B1.7B1.7B1.2B

Cable One fundamental ratios Correlations

0.730.690.640.690.720.870.710.210.850.56-0.260.410.73-0.910.020.410.590.88-0.310.720.43-0.190.720.910.49
0.730.990.850.930.930.870.990.290.930.67-0.040.651.0-0.90.210.650.890.9-0.581.00.58-0.421.00.90.75
0.690.990.840.950.870.870.990.340.940.570.080.680.98-0.870.190.680.890.89-0.691.00.58-0.541.00.880.77
0.640.850.840.910.80.690.850.290.770.45-0.10.880.82-0.730.560.880.860.74-0.60.840.38-0.350.840.70.92
0.690.930.950.910.810.780.940.40.890.470.130.770.92-0.790.340.770.880.83-0.690.940.59-0.50.940.810.84
0.720.930.870.80.810.770.910.150.820.87-0.290.560.93-0.880.30.560.810.84-0.290.90.51-0.090.90.840.67
0.870.870.870.690.780.770.860.330.970.530.020.510.87-0.960.040.510.790.97-0.620.880.34-0.540.870.970.61
0.710.990.990.850.940.910.860.310.940.650.040.640.99-0.880.190.640.880.91-0.610.990.53-0.450.990.90.74
0.210.290.340.290.40.150.330.310.38-0.010.440.130.29-0.27-0.150.130.560.32-0.40.31-0.06-0.410.320.320.2
0.850.930.940.770.890.820.970.940.380.560.110.580.93-0.950.080.580.840.98-0.650.940.45-0.550.940.970.68
0.560.670.570.450.470.870.530.65-0.010.56-0.430.150.69-0.70.090.150.510.650.160.610.350.280.610.650.26
-0.26-0.040.08-0.10.13-0.290.020.040.440.11-0.430.05-0.050.19-0.230.050.060.01-0.520.02-0.13-0.660.03-0.060.04
0.410.650.680.880.770.560.510.640.130.580.150.050.6-0.50.741.00.730.51-0.690.650.31-0.480.650.460.99
0.731.00.980.820.920.930.870.990.290.930.69-0.050.6-0.910.160.60.870.91-0.560.990.58-0.40.990.910.71
-0.91-0.9-0.87-0.73-0.79-0.88-0.96-0.88-0.27-0.95-0.70.19-0.5-0.91-0.09-0.5-0.8-0.970.45-0.89-0.420.32-0.89-0.98-0.61
0.020.210.190.560.340.30.040.19-0.150.080.09-0.230.740.16-0.090.740.370.06-0.210.180.070.00.18-0.020.68
0.410.650.680.880.770.560.510.640.130.580.150.051.00.6-0.50.740.730.51-0.690.650.31-0.480.650.460.99
0.590.890.890.860.880.810.790.880.560.840.510.060.730.87-0.80.370.730.79-0.660.890.32-0.490.890.770.82
0.880.90.890.740.830.840.970.910.320.980.650.010.510.91-0.970.060.510.79-0.530.90.37-0.430.90.990.61
-0.31-0.58-0.69-0.6-0.69-0.29-0.62-0.61-0.4-0.650.16-0.52-0.69-0.560.45-0.21-0.69-0.66-0.53-0.65-0.240.95-0.65-0.5-0.72
0.721.01.00.840.940.90.880.990.310.940.610.020.650.99-0.890.180.650.890.9-0.650.58-0.491.00.90.75
0.430.580.580.380.590.510.340.53-0.060.450.35-0.130.310.58-0.420.070.310.320.37-0.240.58-0.130.580.430.36
-0.19-0.42-0.54-0.35-0.5-0.09-0.54-0.45-0.41-0.550.28-0.66-0.48-0.40.320.0-0.48-0.49-0.430.95-0.49-0.13-0.49-0.39-0.5
0.721.01.00.840.940.90.870.990.320.940.610.030.650.99-0.890.180.650.890.9-0.651.00.58-0.490.90.76
0.910.90.880.70.810.840.970.90.320.970.65-0.060.460.91-0.98-0.020.460.770.99-0.50.90.43-0.390.90.57
0.490.750.770.920.840.670.610.740.20.680.260.040.990.71-0.610.680.990.820.61-0.720.750.36-0.50.760.57
Click cells to compare fundamentals

Cable One Account Relationship Matchups

Cable One fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding5.7M5.9M6.4M6.3M6.1M6.5M
Total Assets3.2B4.5B7.0B6.9B6.8B3.8B
Short Long Term Debt Total1.7B2.2B3.8B3.8B3.7B1.9B
Other Current Liab74.2M140.3M149.2M93.5M108.2M92.1M
Total Current Liabilities189.5M221.6M269.1M244.2M202.8M187.0M
Total Stockholder Equity841.6M1.5B1.8B1.8B1.9B1.2B
Other Liab319.0M467.3M1.0B1.2B1.3B1.4B
Property Plant And Equipment Net1.2B1.3B1.9B1.7B1.8B1.2B
Current Deferred Revenue23.6M21.1M26.9M23.7M27.2M26.7M
Net Debt1.6B1.6B3.4B3.6B3.5B3.6B
Retained Earnings980.4M1.2B1.5B1.6B1.8B1.2B
Accounts Payable137.0M22.7M35.7M39.6M45.0M65.3M
Cash125.3M574.9M388.8M215.2M190.3M219.0M
Non Current Assets Total3.0B3.8B6.5B6.6B6.5B3.5B
Non Currrent Assets Other27.1M(333.1M)(811.8M)(892.1M)(924.2M)(878.0M)
Other Assets10.2M841.3M42.3M14.5M16.7M15.8M
Cash And Short Term Investments125.3M574.9M388.8M215.2M190.3M219.0M
Net Receivables40.6M80.0M80.4M74.4M94.0M61.4M
Good Will429.6M430.5M967.9M928.9M1.1B1.1B
Liabilities And Stockholders Equity3.2B4.5B7.0B6.9B6.8B3.8B
Non Current Liabilities Total2.1B2.8B4.9B4.9B4.8B2.5B
Other Current Assets17.8M17.9M31.7M57.2M4.7M4.4M
Other Stockholder Equity(70.7M)407.7M419.3M83.5M10.8M10.3M
Total Liab2.3B3.0B5.2B5.2B5.0B2.6B
Property Plant And Equipment Gross1.2B1.3B3.7B3.7B3.7B3.9B
Total Current Assets181.5M672.8M501.0M346.7M342.4M305.4M
Accumulated Other Comprehensive Income(68.2M)(140.7M)(82.8M)50.0M36.7M38.6M
Short Term Debt28.9M30.2M44.5M59.9M22.4M24.2M
Intangible Assets1.3B1.3B2.9B2.7B2.6B1.5B
Property Plant Equipment1.2B1.3B1.9B1.7B2.0B1.1B
Net Tangible Assets841.6M1.5B(2.0B)1.8B2.0B2.1B
Long Term Debt1.7B2.1B3.8B3.8B3.6B2.1B
Deferred Long Term Liab303.3M522.0M854.2M966.8M1.1B1.2B
Short Long Term Debt34.7M35.2M38.8M55.9M19.0M28.4M
Retained Earnings Total Equity980.4M1.2B1.5B1.6B1.9B1.0B
Long Term Debt Total1.7B2.1B3.8B3.8B4.3B4.5B

Pair Trading with Cable One

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cable One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cable One will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cable Stock

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Moving against Cable Stock

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The ability to find closely correlated positions to Cable One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cable One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cable One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cable One to buy it.
The correlation of Cable One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cable One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cable One moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cable One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cable One offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cable One'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 Cable One Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cable One Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cable One. 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 labor statistics.
To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Cable & Satellite 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 Cable One. If investors know Cable 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 Cable One 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
0.434
Dividend Share
11.8
Earnings Share
45.06
Revenue Per Share
285.587
Quarterly Revenue Growth
(0.06)
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One'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 Cable One's market value can be influenced by many factors that don't directly affect Cable One'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 Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One'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.