CATLIN Change In Working Capital vs Net Income Analysis
| CGL Stock | 94.00 1.00 1.05% |
CATLIN GROUP financial indicator trend analysis is way more than just evaluating CATLIN GROUP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATLIN GROUP is a good investment. Please check the relationship between CATLIN GROUP Change In Working Capital and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CATLIN GROUP . 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 economic analysis.
Change In Working Capital vs Net Income
Change In Working Capital vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATLIN GROUP Change In Working Capital account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between CATLIN GROUP's Change In Working Capital and Net Income is 0.25. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of CATLIN GROUP , assuming nothing else is changed. The correlation between historical values of CATLIN GROUP's Change In Working Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of CATLIN GROUP are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Working Capital i.e., CATLIN GROUP's Change In Working Capital and Net Income go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CATLIN GROUP financial statement analysis. It represents the amount of money remaining after all of CATLIN GROUP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from CATLIN GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CATLIN GROUP 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 CATLIN GROUP . 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 economic analysis. As of November 30, 2024, Tax Provision is expected to decline to 2,189. In addition to that, Selling General Administrative is expected to decline to about 2.4 M
CATLIN GROUP fundamental ratios Correlations
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CATLIN GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of CATLIN GROUP at a specified time, usually calculated after every quarter, six months, or one year. CATLIN GROUP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CATLIN GROUP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CATLIN currently owns. An asset can also be divided into two categories, current and non-current.