Cable Total Assets vs Total Current Assets 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 Total Assets and its Total Current Assets 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.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cable One Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cable One's Total Assets and Total Current Assets is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Assets 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 Total Assets of Cable One 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 Total Assets i.e., Cable One's Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Cable One 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 Cable One 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.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 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 Profit | 1.2B | 1.2B | 1.2B | 830.9M | Total Revenue | 1.6B | 1.7B | 1.7B | 1.2B |
Cable One fundamental ratios Correlations
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Cable One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cable One fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 5.7M | 5.9M | 6.4M | 6.3M | 6.1M | 6.5M | |
Total Assets | 3.2B | 4.5B | 7.0B | 6.9B | 6.8B | 3.8B | |
Short Long Term Debt Total | 1.7B | 2.2B | 3.8B | 3.8B | 3.7B | 1.9B | |
Other Current Liab | 74.2M | 140.3M | 149.2M | 93.5M | 108.2M | 92.1M | |
Total Current Liabilities | 189.5M | 221.6M | 269.1M | 244.2M | 202.8M | 187.0M | |
Total Stockholder Equity | 841.6M | 1.5B | 1.8B | 1.8B | 1.9B | 1.2B | |
Other Liab | 319.0M | 467.3M | 1.0B | 1.2B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.9B | 1.7B | 1.8B | 1.2B | |
Current Deferred Revenue | 23.6M | 21.1M | 26.9M | 23.7M | 27.2M | 26.7M | |
Net Debt | 1.6B | 1.6B | 3.4B | 3.6B | 3.5B | 3.6B | |
Retained Earnings | 980.4M | 1.2B | 1.5B | 1.6B | 1.8B | 1.2B | |
Accounts Payable | 137.0M | 22.7M | 35.7M | 39.6M | 45.0M | 65.3M | |
Cash | 125.3M | 574.9M | 388.8M | 215.2M | 190.3M | 219.0M | |
Non Current Assets Total | 3.0B | 3.8B | 6.5B | 6.6B | 6.5B | 3.5B | |
Non Currrent Assets Other | 27.1M | (333.1M) | (811.8M) | (892.1M) | (924.2M) | (878.0M) | |
Other Assets | 10.2M | 841.3M | 42.3M | 14.5M | 16.7M | 15.8M | |
Cash And Short Term Investments | 125.3M | 574.9M | 388.8M | 215.2M | 190.3M | 219.0M | |
Net Receivables | 40.6M | 80.0M | 80.4M | 74.4M | 94.0M | 61.4M | |
Good Will | 429.6M | 430.5M | 967.9M | 928.9M | 1.1B | 1.1B | |
Liabilities And Stockholders Equity | 3.2B | 4.5B | 7.0B | 6.9B | 6.8B | 3.8B | |
Non Current Liabilities Total | 2.1B | 2.8B | 4.9B | 4.9B | 4.8B | 2.5B | |
Other Current Assets | 17.8M | 17.9M | 31.7M | 57.2M | 4.7M | 4.4M | |
Other Stockholder Equity | (70.7M) | 407.7M | 419.3M | 83.5M | 10.8M | 10.3M | |
Total Liab | 2.3B | 3.0B | 5.2B | 5.2B | 5.0B | 2.6B | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 3.7B | 3.7B | 3.7B | 3.9B | |
Total Current Assets | 181.5M | 672.8M | 501.0M | 346.7M | 342.4M | 305.4M | |
Accumulated Other Comprehensive Income | (68.2M) | (140.7M) | (82.8M) | 50.0M | 36.7M | 38.6M | |
Short Term Debt | 28.9M | 30.2M | 44.5M | 59.9M | 22.4M | 24.2M | |
Intangible Assets | 1.3B | 1.3B | 2.9B | 2.7B | 2.6B | 1.5B | |
Property Plant Equipment | 1.2B | 1.3B | 1.9B | 1.7B | 2.0B | 1.1B | |
Net Tangible Assets | 841.6M | 1.5B | (2.0B) | 1.8B | 2.0B | 2.1B | |
Long Term Debt | 1.7B | 2.1B | 3.8B | 3.8B | 3.6B | 2.1B | |
Deferred Long Term Liab | 303.3M | 522.0M | 854.2M | 966.8M | 1.1B | 1.2B | |
Short Long Term Debt | 34.7M | 35.2M | 38.8M | 55.9M | 19.0M | 28.4M | |
Retained Earnings Total Equity | 980.4M | 1.2B | 1.5B | 1.6B | 1.9B | 1.0B | |
Long Term Debt Total | 1.7B | 2.1B | 3.8B | 3.8B | 4.3B | 4.5B |
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
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.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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 45.05 | 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.