Cabot Non Current Assets Total vs Accounts Payable Analysis

CBT Stock  USD 110.36  1.69  1.56%   
Cabot financial indicator trend analysis is way more than just evaluating Cabot prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cabot is a good investment. Please check the relationship between Cabot Non Current Assets Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabot. 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.
For more information on how to buy Cabot Stock please use our How to Invest in Cabot guide.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cabot Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cabot's Non Current Assets Total and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Cabot, assuming nothing else is changed. The correlation between historical values of Cabot's Non Current Assets Total 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 Non Current Assets Total of Cabot 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 Non Current Assets Total i.e., Cabot's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Cabot 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 Cabot 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 Cabot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cabot 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 Cabot. 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.
For more information on how to buy Cabot Stock please use our How to Invest in Cabot guide.Issuance Of Capital Stock is likely to gain to about 6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 271.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit885M839M960M618.1M
Total Revenue4.3B3.9B4.0B2.6B

Cabot fundamental ratios Correlations

0.83-0.080.570.840.920.810.870.180.93-0.090.170.86-0.620.720.73-0.32-0.630.830.180.780.40.710.690.720.0
0.83-0.120.70.410.790.960.520.290.65-0.160.280.84-0.70.810.86-0.23-0.640.980.30.830.50.380.670.69-0.2
-0.08-0.120.070.04-0.350.0-0.21-0.42-0.060.15-0.42-0.030.64-0.29-0.150.760.65-0.14-0.08-0.090.30.14-0.46-0.580.53
0.570.70.070.180.440.630.250.390.30.030.380.79-0.470.20.810.07-0.370.780.470.820.910.090.630.41-0.26
0.840.410.040.180.730.450.9-0.070.92-0.02-0.070.57-0.290.440.32-0.29-0.380.4-0.080.420.120.850.410.480.29
0.920.79-0.350.440.730.760.850.210.88-0.240.210.74-0.770.80.67-0.57-0.780.80.180.670.220.620.690.85-0.13
0.810.960.00.630.450.760.470.020.69-0.160.020.81-0.560.810.78-0.17-0.50.930.190.730.450.520.620.59-0.05
0.870.52-0.210.250.90.850.470.260.85-0.150.260.65-0.570.580.52-0.46-0.650.530.10.60.10.630.520.710.02
0.180.29-0.420.39-0.070.210.020.26-0.05-0.031.00.26-0.60.140.44-0.25-0.560.340.460.50.27-0.40.290.46-0.59
0.930.65-0.060.30.920.880.690.85-0.05-0.11-0.060.63-0.470.680.44-0.4-0.530.63-0.080.480.190.890.540.650.23
-0.09-0.160.150.03-0.02-0.24-0.16-0.15-0.03-0.11-0.03-0.070.23-0.23-0.060.510.29-0.120.43-0.04-0.08-0.140.12-0.3-0.32
0.170.28-0.420.38-0.070.210.020.261.0-0.06-0.030.25-0.60.140.44-0.25-0.560.340.460.50.26-0.40.290.46-0.59
0.860.84-0.030.790.570.740.810.650.260.63-0.070.25-0.560.560.88-0.1-0.490.870.430.950.60.390.710.57-0.21
-0.62-0.70.64-0.47-0.29-0.77-0.56-0.57-0.6-0.470.23-0.6-0.56-0.67-0.70.70.97-0.73-0.45-0.65-0.22-0.16-0.57-0.960.56
0.720.81-0.290.20.440.80.810.580.140.68-0.230.140.56-0.670.59-0.41-0.640.770.110.54-0.060.450.50.69-0.16
0.730.86-0.150.810.320.670.780.520.440.44-0.060.440.88-0.70.59-0.1-0.610.90.560.960.550.140.720.63-0.42
-0.32-0.230.760.07-0.29-0.57-0.17-0.46-0.25-0.40.51-0.25-0.10.7-0.41-0.10.79-0.220.15-0.070.14-0.31-0.24-0.790.13
-0.63-0.640.65-0.37-0.38-0.78-0.5-0.65-0.56-0.530.29-0.56-0.490.97-0.64-0.610.79-0.65-0.27-0.57-0.16-0.25-0.52-0.980.4
0.830.98-0.140.780.40.80.930.530.340.63-0.120.340.87-0.730.770.9-0.22-0.650.380.880.560.350.730.71-0.27
0.180.3-0.080.47-0.080.180.190.10.46-0.080.430.460.43-0.450.110.560.15-0.270.380.570.24-0.350.240.25-0.84
0.780.83-0.090.820.420.670.730.60.50.48-0.040.50.95-0.650.540.96-0.07-0.570.880.570.60.160.690.6-0.38
0.40.50.30.910.120.220.450.10.270.19-0.080.260.6-0.22-0.060.550.14-0.160.560.240.60.10.340.210.04
0.710.380.140.090.850.620.520.63-0.40.89-0.14-0.40.39-0.160.450.14-0.31-0.250.35-0.350.160.10.270.40.52
0.690.67-0.460.630.410.690.620.520.290.540.120.290.71-0.570.50.72-0.24-0.520.730.240.690.340.270.55-0.32
0.720.69-0.580.410.480.850.590.710.460.65-0.30.460.57-0.960.690.63-0.79-0.980.710.250.60.210.40.55-0.33
0.0-0.20.53-0.260.29-0.13-0.050.02-0.590.23-0.32-0.59-0.210.56-0.16-0.420.130.4-0.27-0.84-0.380.040.52-0.32-0.33
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Cabot Account Relationship Matchups

Cabot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.3B3.5B3.6B3.7B2.7B
Short Long Term Debt Total1.1B1.2B1.4B1.3B1.1B803.2M
Other Current Liab22M20M187M174M43M65.5M
Total Current Liabilities529M1.1B1.1B822M772M600.9M
Total Stockholder Equity691M947M898M1.3B1.4B1.1B
Property Plant And Equipment Net1.3B1.4B1.3B1.4B1.5B1.1B
Net Debt964M994M1.2B1.0B917M632.4M
Retained Earnings989M1.2B1.3B1.6B1.7B1.3B
Cash151M168M206M238M223M170.0M
Non Current Assets Total1.8B1.9B1.7B2.0B2.1B1.6B
Non Currrent Assets Other58M160M172M178M388M407.4M
Cash And Short Term Investments151M168M206M238M223M172.9M
Net Receivables418M645M836M695M733M488.8M
Common Stock Shares Outstanding56.6M56.8M56.9M56.1M55.7M58.2M
Liabilities And Stockholders Equity2.8B3.3B3.5B3.6B3.7B2.7B
Non Current Liabilities Total1.4B1.1B1.4B1.4B1.4B972.1M
Inventory359M523M664M585M552M395.2M
Other Stockholder Equity(5M)(4M)20M(3M)(2.7M)(2.6M)
Total Liab2.0B2.2B2.5B2.2B2.1B1.6B
Property Plant And Equipment Gross1.3B3.9B3.6B3.8B4.4B4.6B
Total Current Assets978M1.4B1.8B1.6B1.6B1.1B
Accumulated Other Comprehensive Income(351M)(289M)(439M)(362M)(360M)(378M)
Short Term Debt21M445M354M182M53M50.4M
Intangible Assets103M100M63M60M53M85.3M
Accounts Payable488M480M533M438M676M412.1M
Other Liab247M255M352M197M226.6M299.2M
Other Assets115M225M223M251M288.7M247.3M
Long Term Debt1.0B1.1B717M1.1B1.3B805.0M
Property Plant Equipment1.3B1.4B1.3B1.5B1.7B1.3B
Good Will90M134M140M129M133M162.6M
Net Tangible Assets812M454M707M706M1.1B788.6M

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Additional Tools for Cabot Stock Analysis

When running Cabot's price analysis, check to measure Cabot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cabot is operating at the current time. Most of Cabot's value examination focuses on studying past and present price action to predict the probability of Cabot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cabot's price. Additionally, you may evaluate how the addition of Cabot to your portfolios can decrease your overall portfolio volatility.