CATLIN Net Debt vs Other Current Assets Analysis

CGL Stock   95.00  0.00  0.00%   
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 Net Debt and its Other Current Assets 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.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATLIN GROUP Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CATLIN GROUP's Net Debt and Other Current Assets is 0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets 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 Net Debt and Other Current Assets 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 CATLIN GROUP are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., CATLIN GROUP's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 24, 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

0.99-0.770.830.850.620.990.99-0.780.760.85-0.840.830.81-0.76-0.830.820.770.810.81-0.640.81-0.64-0.64
0.99-0.720.810.790.681.01.0-0.730.710.83-0.820.80.75-0.71-0.820.810.720.740.74-0.610.74-0.61-0.61
-0.77-0.72-0.87-0.94-0.17-0.73-0.731.0-1.0-0.760.88-0.96-0.941.00.84-0.78-1.0-0.94-0.960.93-0.970.930.93
0.830.81-0.870.830.20.850.85-0.880.860.94-1.00.970.81-0.88-1.00.990.880.810.82-0.830.83-0.83-0.83
0.850.79-0.940.830.190.80.8-0.940.920.84-0.850.911.0-0.92-0.820.770.931.01.0-0.760.99-0.76-0.76
0.620.68-0.170.20.190.630.63-0.180.180.17-0.20.20.14-0.18-0.20.20.180.140.15-0.190.15-0.19-0.19
0.991.0-0.730.850.80.631.0-0.740.720.87-0.850.820.76-0.73-0.850.850.730.760.76-0.620.76-0.62-0.62
0.991.0-0.730.850.80.631.0-0.740.720.87-0.850.820.76-0.73-0.850.850.730.760.76-0.620.76-0.62-0.62
-0.78-0.731.0-0.88-0.94-0.18-0.74-0.74-1.0-0.770.89-0.96-0.941.00.85-0.8-1.0-0.94-0.960.93-0.970.930.93
0.760.71-1.00.860.920.180.720.72-1.00.74-0.870.950.92-1.0-0.830.781.00.920.95-0.950.96-0.95-0.95
0.850.83-0.760.940.840.170.870.87-0.770.74-0.940.890.81-0.74-0.950.960.750.810.8-0.610.8-0.61-0.61
-0.84-0.820.88-1.0-0.85-0.2-0.85-0.850.89-0.87-0.94-0.98-0.820.881.0-0.99-0.88-0.82-0.840.83-0.850.830.83
0.830.8-0.960.970.910.20.820.82-0.960.950.89-0.980.89-0.96-0.960.930.960.890.91-0.910.92-0.91-0.91
0.810.75-0.940.811.00.140.760.76-0.940.920.81-0.820.89-0.91-0.790.740.921.01.0-0.750.99-0.75-0.75
-0.76-0.711.0-0.88-0.92-0.18-0.73-0.731.0-1.0-0.740.88-0.96-0.910.85-0.79-1.0-0.91-0.940.96-0.950.960.96
-0.83-0.820.84-1.0-0.82-0.2-0.85-0.850.85-0.83-0.951.0-0.96-0.790.85-1.0-0.85-0.79-0.80.79-0.810.790.79
0.820.81-0.780.990.770.20.850.85-0.80.780.96-0.990.930.74-0.79-1.00.790.740.75-0.740.76-0.74-0.74
0.770.72-1.00.880.930.180.730.73-1.01.00.75-0.880.960.92-1.0-0.850.790.920.95-0.950.96-0.95-0.95
0.810.74-0.940.811.00.140.760.76-0.940.920.81-0.820.891.0-0.91-0.790.740.921.0-0.750.99-0.75-0.75
0.810.74-0.960.821.00.150.760.76-0.960.950.8-0.840.911.0-0.94-0.80.750.951.0-0.81.0-0.8-0.8
-0.64-0.610.93-0.83-0.76-0.19-0.62-0.620.93-0.95-0.610.83-0.91-0.750.960.79-0.74-0.95-0.75-0.8-0.821.01.0
0.810.74-0.970.830.990.150.760.76-0.970.960.8-0.850.920.99-0.95-0.810.760.960.991.0-0.82-0.82-0.82
-0.64-0.610.93-0.83-0.76-0.19-0.62-0.620.93-0.95-0.610.83-0.91-0.750.960.79-0.74-0.95-0.75-0.81.0-0.821.0
-0.64-0.610.93-0.83-0.76-0.19-0.62-0.620.93-0.95-0.610.83-0.91-0.750.960.79-0.74-0.95-0.75-0.81.0-0.821.0
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CATLIN GROUP Account Relationship Matchups

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Other Information on Investing in CATLIN Stock

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.