Everest Cash And Short Term Investments from 2010 to 2024

EG Stock   385.15  8.28  2.20%   
Everest's Cash And Short Term Investments are increasing over the last several years with stable swings. Cash And Short Term Investments are predicted to flatten to about 1.4 B. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1999-12-31
Previous Quarter
17.4 B
Current Value
5.5 B
Quarterly Volatility
9.8 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Everest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Everest's main balance sheet or income statement drivers, such as Interest Expense of 140.7 M, Total Revenue of 15.3 B or Gross Profit of 15.3 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.012 or PTB Ratio of 1.31. Everest financial statements analysis is a perfect complement when working with Everest Valuation or Volatility modules.
  
Check out the analysis of Everest Correlation against competitors.

Latest Everest's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Everest Group over the last few years. Short Term Investments is an account in the current assets section of Everest Group balance sheet. This account contains Everest investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Everest Group fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Everest's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Everest's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Pretty Stable
   Cash And Short Term Investments   
       Timeline  

Everest Cash And Short Term Investments Regression Statistics

Arithmetic Mean13,916,789,133
Geometric Mean7,794,873,718
Coefficient Of Variation61.67
Mean Deviation6,879,365,138
Median16,149,960,000
Standard Deviation8,581,907,075
Sample Variance73649129T
Range24.8B
R-Value0.20
Mean Square Error76171877.8T
R-Squared0.04
Significance0.48
Slope381,975,111
Total Sum of Squares1031087806.7T

Everest Cash And Short Term Investments History

20241.4 B
20231.4 B
202224.7 B
202124.9 B
202022 B
201918.1 B
201816.1 B

About Everest Financial Statements

Everest stakeholders use historical fundamental indicators, such as Everest's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Everest investors may analyze each financial statement separately, they are all interrelated. For example, changes in Everest's assets and liabilities are reflected in the revenues and expenses on Everest's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Everest Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments1.4 B1.4 B

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Check out the analysis of Everest Correlation against competitors.
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Is Reinsurance 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 Everest. If investors know Everest 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 Everest 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
(0.24)
Dividend Share
7.5
Earnings Share
64.11
Revenue Per Share
384.03
Quarterly Revenue Growth
0.128
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.