Cato Net Debt vs Non Current Liabilities Total Analysis

CATO Stock

USD 3.19 0.22 6.45%

Cato financial indicator trend analysis is way more than just evaluating Cato prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cato is a good investment. Please check the relationship between Cato Net Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cato Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cato's Net Debt and Non Current Liabilities Total is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Cato Corporation, assuming nothing else is changed. The correlation between historical values of Cato's Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cato Corporation are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Cato's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Cato's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cato 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 Cato Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Cato's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.77, while Selling General Administrative is likely to drop about 198.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	316.2M	249.6M	243.7M	251.3M
Total Revenue	769.3M	759.3M	708.1M	724.6M

Gross Profit Total Revenue

Cato fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.72	0.55	0.92	0.77	0.65	0.08	0.57	0.24	0.68	0.45	0.75	0.43	-0.39	0.29	0.81	0.3	0.62	0.71	0.21	0.8	0.93	0.8	-0.02	0.75	-0.03
Short Long Term Debt Total	0.72		0.39	0.63	0.58	0.43	-0.08	0.46	0.33	0.49	0.55	0.55	0.13	-0.32	0.15	0.61	0.46	0.45	0.48	-0.01	0.58	0.72	0.57	-0.08	0.44	-0.05
Other Current Liab	0.55	0.39		0.33	0.63	0.17	-0.16	0.62	0.26	0.18	0.43	0.69	-0.07	0.21	0.0	0.52	-0.03	0.04	0.17	-0.27	0.61	0.34	0.28	0.36	0.73	0.4
Total Current Liabilities	0.92	0.63	0.33		0.52	0.77	0.29	0.31	0.08	0.79	0.47	0.52	0.5	-0.59	0.44	0.67	0.19	0.7	0.85	0.49	0.6	0.87	0.78	-0.23	0.52	-0.28
Total Stockholder Equity	0.77	0.58	0.63	0.52		0.03	-0.51	0.93	0.61	0.06	0.25	0.98	0.28	0.21	-0.32	0.94	0.47	0.21	0.09	-0.31	0.99	0.73	0.81	0.52	0.89	0.52
Property Plant And Equipment Net	0.65	0.43	0.17	0.77	0.03		0.76	-0.18	-0.38	0.99	0.28	0.02	0.32	-0.78	0.86	0.14	-0.14	0.67	0.97	0.66	0.07	0.57	0.23	-0.56	0.14	-0.6
Net Debt	0.08	-0.08	-0.16	0.29	-0.51	0.76		-0.71	-0.77	0.74	0.07	-0.52	0.18	-0.73	0.95	-0.41	-0.45	0.54	0.69	0.79	-0.48	0.0	-0.29	-0.77	-0.28	-0.8
Retained Earnings	0.57	0.46	0.62	0.31	0.93	-0.18	-0.71		0.65	-0.16	0.12	0.94	0.14	0.47	-0.55	0.82	0.37	-0.16	-0.13	-0.6	0.91	0.54	0.65	0.75	0.81	0.76
Cash	0.24	0.33	0.26	0.08	0.61	-0.38	-0.77	0.65		-0.36	0.1	0.61	0.06	0.42	-0.59	0.53	0.56	-0.14	-0.3	-0.42	0.6	0.22	0.51	0.5	0.27	0.53
Non Current Assets Total	0.68	0.49	0.18	0.79	0.06	0.99	0.74	-0.16	-0.36		0.38	0.06	0.29	-0.81	0.86	0.16	-0.09	0.71	0.98	0.64	0.1	0.6	0.25	-0.6	0.17	-0.62
Non Currrent Assets Other	0.45	0.55	0.43	0.47	0.25	0.28	0.07	0.12	0.1	0.38		0.31	-0.28	-0.47	0.23	0.35	0.22	0.45	0.42	0.22	0.29	0.42	0.3	-0.38	0.3	-0.36
Cash And Short Term Investments	0.75	0.55	0.69	0.52	0.98	0.02	-0.52	0.94	0.61	0.06	0.31		0.24	0.23	-0.33	0.89	0.37	0.15	0.1	-0.36	0.98	0.69	0.77	0.52	0.92	0.53
Net Receivables	0.43	0.13	-0.07	0.5	0.28	0.32	0.18	0.14	0.06	0.29	-0.28	0.24		-0.12	0.23	0.3	0.07	0.33	0.35	0.28	0.35	0.37	0.49	0.03	0.28	-0.01
Common Stock Shares Outstanding	-0.39	-0.32	0.21	-0.59	0.21	-0.78	-0.73	0.47	0.42	-0.81	-0.47	0.23	-0.12		-0.78	0.02	-0.07	-0.82	-0.83	-0.8	0.16	-0.46	-0.14	0.89	0.15	0.92
Non Current Liabilities Total	0.29	0.15	0.0	0.44	-0.32	0.86	0.95	-0.55	-0.59	0.86	0.23	-0.33	0.23	-0.78		-0.25	-0.28	0.65	0.8	0.75	-0.29	0.17	-0.15	-0.78	-0.14	-0.79
Inventory	0.81	0.61	0.52	0.67	0.94	0.14	-0.41	0.82	0.53	0.16	0.35	0.89	0.3	0.02	-0.25		0.53	0.35	0.23	-0.08	0.95	0.81	0.92	0.4	0.81	0.36
Other Current Assets	0.3	0.46	-0.03	0.19	0.47	-0.14	-0.45	0.37	0.56	-0.09	0.22	0.37	0.07	-0.07	-0.28	0.53		0.28	-0.05	-0.13	0.46	0.48	0.48	0.06	0.15	0.07
Other Stockholder Equity	0.62	0.45	0.04	0.7	0.21	0.67	0.54	-0.16	-0.14	0.71	0.45	0.15	0.33	-0.82	0.65	0.35	0.28		0.73	0.75	0.24	0.63	0.46	-0.65	0.23	-0.68
Total Liab	0.71	0.48	0.17	0.85	0.09	0.97	0.69	-0.13	-0.3	0.98	0.42	0.1	0.35	-0.83	0.8	0.23	-0.05	0.73		0.67	0.15	0.64	0.35	-0.6	0.19	-0.62
Property Plant And Equipment Gross	0.21	-0.01	-0.27	0.49	-0.31	0.66	0.79	-0.6	-0.42	0.64	0.22	-0.36	0.28	-0.8	0.75	-0.08	-0.13	0.75	0.67		-0.25	0.18	0.14	-0.74	-0.24	-0.83
Total Current Assets	0.8	0.58	0.61	0.6	0.99	0.07	-0.48	0.91	0.6	0.1	0.29	0.98	0.35	0.16	-0.29	0.95	0.46	0.24	0.15	-0.25		0.76	0.86	0.48	0.9	0.48
Short Term Debt	0.93	0.72	0.34	0.87	0.73	0.57	0.0	0.54	0.22	0.6	0.42	0.69	0.37	-0.46	0.17	0.81	0.48	0.63	0.64	0.18	0.76		0.81	-0.05	0.66	-0.08
Accounts Payable	0.8	0.57	0.28	0.78	0.81	0.23	-0.29	0.65	0.51	0.25	0.3	0.77	0.49	-0.14	-0.15	0.92	0.48	0.46	0.35	0.14	0.86	0.81		0.22	0.66	0.17
Common Stock Total Equity	-0.02	-0.08	0.36	-0.23	0.52	-0.56	-0.77	0.75	0.5	-0.6	-0.38	0.52	0.03	0.89	-0.78	0.4	0.06	-0.65	-0.6	-0.74	0.48	-0.05	0.22		0.43	0.98
Short Term Investments	0.75	0.44	0.73	0.52	0.89	0.14	-0.28	0.81	0.27	0.17	0.3	0.92	0.28	0.15	-0.14	0.81	0.15	0.23	0.19	-0.24	0.9	0.66	0.66	0.43		0.43
Common Stock	-0.03	-0.05	0.4	-0.28	0.52	-0.6	-0.8	0.76	0.53	-0.62	-0.36	0.53	-0.01	0.92	-0.79	0.36	0.07	-0.68	-0.62	-0.83	0.48	-0.08	0.17	0.98	0.43

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Cato Account Relationship Matchups

Cato fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	685.0M	591.5M	633.8M	553.1M	526.7M	413.9M
Other Current Liab	136.2M	26.1M	51.6M	26.5M	25.5M	44.0M
Total Current Liabilities	199.3M	181.9M	244.1M	203.0M	188.0M	127.5M
Total Stockholder Equity	316.5M	246.5M	254.2M	226.6M	192.3M	239.8M
Property Plant And Equipment Net	289.5M	272.4M	244.3M	244.7M	218.7M	117.5M
Net Debt	198.5M	189.2M	164.6M	154.8M	125.2M	131.5M
Retained Earnings	203.5M	129.3M	134.2M	104.7M	64.3M	61.1M
Cash	11.8M	17.5M	19.8M	20.0M	23.9M	34.2M
Non Current Assets Total	322.2M	300.9M	278.1M	275.5M	243.8M	131.2M
Non Currrent Assets Other	24.1M	988K	22.6M	19.7M	13.6M	7.9M
Cash And Short Term Investments	212.2M	143.9M	165.8M	128.7M	103.0M	125.2M
Net Receivables	26.1M	52.7M	55.8M	26.5M	29.8M	42.5M
Common Stock Shares Outstanding	23.7M	22.5M	21.1M	19.9M	19.4M	25.9M
Liabilities And Stockholders Equity	685.0M	591.5M	633.8M	553.1M	526.7M	413.9M
Non Current Liabilities Total	169.2M	163.0M	135.4M	123.6M	106.5M	111.8M
Inventory	115.4M	84.1M	124.9M	112.1M	98.6M	98.2M
Other Current Assets	5.2M	9.8M	9.2M	10.5M	11.8M	10.5M
Other Stockholder Equity	110.8M	115.3M	119.5M	122.4M	127.0M	133.3M
Total Liab	368.5M	345.0M	379.6M	326.5M	334.4M	174.2M
Property Plant And Equipment Gross	289.5M	272.4M	523.9M	526.8M	492.3M	516.9M
Total Current Assets	362.8M	290.6M	355.7M	277.7M	243.1M	281.6M
Accumulated Other Comprehensive Income	1.4M	1.2M	(280K)	(1.2M)	395K	414.8K
Accounts Payable	68.4M	73.8M	109.5M	92.0M	87.8M	79.8M
Common Stock Total Equity	832K	826K	820K	762K	685.8K	797.6K
Short Term Investments	200.4M	126.4M	146.0M	108.7M	79.0M	123.8M
Common Stock	820K	762K	728K	691K	694K	770.7K
Other Liab	40.0M	22.0M	19.7M	17.9M	20.6M	26.3M
Other Assets	31.4M	27.3M	31.9M	39.9M	45.9M	48.2M
Property Plant Equipment	94.3M	88.7M	272.4M	244.3M	281.0M	295.1M
Net Tangible Assets	356.8M	485.7M	246.5M	254.2M	228.8M	305.0M
Long Term Investments	1.3M	1.3M	1.8M	1.9M	2.1M	1.4M
Non Current Liabilities Other	22.0M	19.7M	17.9M	16.2M	14.5M	23.1M
Net Invested Capital	316.5M	246.5M	254.2M	226.6M	192.3M	214.8M

Pair Trading with Cato

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 Cato 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 Cato will appreciate offsetting losses from the drop in the long position's value.

Moving against Cato Stock

0.66	LKQ	LKQ Corporation	Pair Corr
0.6	AAP	Advance Auto Parts	Pair Corr
0.59	FND	Floor Decor Holdings	Pair Corr
0.56	HVT	Haverty Furniture	Pair Corr
0.52	GPC	Genuine Parts	Pair Corr

The ability to find closely correlated positions to Cato could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cato 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 Cato - 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 Cato Corporation to buy it.

The correlation of Cato 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 Cato moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cato 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 Cato 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 Correlation Correlation Matching

When determining whether Cato offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cato'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 Cato Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cato Corporation Stock:

How To Invest In Cato

Details

Is Cato Stock a good investment?

Details

What is Cato's Net Worth?

Details

Largest Specialty Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Specialty Retail 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 Cato. If investors know Cato 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 Cato 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

(0.90)

Dividend Share

0.68

Earnings Share

(0.89)

Revenue Per Share

35.031

Quarterly Revenue Growth

(0.08)

The market value of Cato is measured differently than its book value, which is the value of Cato that is recorded on the company's balance sheet. Investors also form their own opinion of Cato's value that differs from its market value or its book value, called intrinsic value, which is Cato'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 Cato's market value can be influenced by many factors that don't directly affect Cato'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 Cato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cato'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.

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Cato Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Cato fundamental ratios Correlations

Cato Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cato fundamental ratios Accounts

Pair Trading with Cato

Moving against Cato Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Assets Total
Total Current Assets	+ 0.98	Cash And Short Term Investments
Common Stock	+ 0.98	Common Stock Total Equity

Common Stock	- 0.83	Property Plant And Equipment Gross
Total Liab	- 0.83	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.82	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.81	Non Current Assets Total
Property Plant And Equipment Gross	- 0.8	Common Stock Shares Outstanding
Common Stock	- 0.8	Net Debt