Cable Total Current Assets from 2010 to 2024
CABO Stock | USD 416.55 13.70 3.40% |
Total Current Assets | First Reported 2014-03-31 | Previous Quarter 332.8 M | Current Value 335.1 M | Quarterly Volatility 267.8 M |
Check Cable One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cable One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 235.5 M, Interest Expense of 178.7 M or Selling General Administrative of 308.7 M, as well as many indicators such as Price To Sales Ratio of 3.51, Dividend Yield of 0.032 or PTB Ratio of 1.65. Cable financial statements analysis is a perfect complement when working with Cable One Valuation or Volatility modules.
Cable | Total Current Assets |
Latest Cable One's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Cable One over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Cable One's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cable One's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets | 10 Years Trend |
|
Total Current Assets |
Timeline |
Cable Total Current Assets Regression Statistics
Arithmetic Mean | 233,296,220 | |
Geometric Mean | 161,010,077 | |
Coefficient Of Variation | 79.71 | |
Mean Deviation | 146,053,168 | |
Median | 185,937,000 | |
Standard Deviation | 185,960,413 | |
Sample Variance | 34581.3T | |
Range | 626M | |
R-Value | 0.77 | |
Mean Square Error | 15330.4T | |
R-Squared | 0.59 | |
Significance | 0.0008 | |
Slope | 31,895,054 | |
Total Sum of Squares | 484137.9T |
Cable Total Current Assets History
About Cable One Financial Statements
Cable One investors utilize fundamental indicators, such as Total Current Assets, to predict how Cable Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Current Assets | 342.4 M | 305.4 M |
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 against Cable Stock
0.76 | SGA | Saga Communications | PairCorr |
0.75 | LILAK | Liberty Latin America | PairCorr |
0.42 | DRCT | Direct Digital Holdings | PairCorr |
0.33 | WIMI | WiMi Hologram Cloud | PairCorr |
0.33 | GTN | Gray Television | PairCorr |
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 the analysis of Cable One Correlation against competitors. To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 45.07 | 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.