CNO Retained Earnings vs Net Invested Capital Analysis

CNO Stock

USD 37.67 0.54 1.45%

CNO Financial financial indicator trend analysis is way more than just evaluating CNO Financial Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNO Financial Group is a good investment. Please check the relationship between CNO Financial Retained Earnings and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial 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 board of governors.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNO Financial Group Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CNO Financial's Retained Earnings and Net Invested Capital is -0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of CNO Financial Group, assuming nothing else is changed. The correlation between historical values of CNO Financial's Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CNO Financial Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., CNO Financial's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from CNO Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNO Financial 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 CNO Financial 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 board of governors.

At this time, CNO Financial's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 27th of December 2024, Enterprise Value Multiple is likely to grow to 4.68, while Selling General Administrative is likely to drop about 219 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.1B	3.6B	3.1B	3.4B
Total Revenue	4.1B	3.6B	4.1B	3.5B

Gross Profit Total Revenue

CNO Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Non Currrent Assets Other	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Total Current Assets	Other Current Liab	Total Current Liabilities
Total Assets		0.13	-0.45	0.23	0.02	0.74	-0.03	0.46	0.95	-0.18	-0.36	-0.27	0.39	0.48	0.81	0.96	-0.2	-0.85	0.11	-0.25	-0.63	0.96	-0.34	0.04	0.22	0.21
Total Stockholder Equity	0.13		-0.33	-0.49	0.42	-0.35	-0.2	0.2	-0.05	-0.42	0.46	0.28	0.51	-0.38	-0.39	0.02	0.29	0.03	-0.29	0.26	-0.36	0.02	-0.34	-0.01	0.32	0.32
Other Liab	-0.45	-0.33		0.49	-0.25	-0.08	0.46	-0.66	-0.35	0.65	-0.34	-0.21	-0.76	-0.44	-0.28	-0.41	-0.61	0.33	0.52	-0.22	0.41	-0.41	0.47	0.36	-0.65	-0.65
Retained Earnings	0.23	-0.49	0.49		-0.51	0.6	0.74	-0.34	0.43	0.6	-0.74	-0.57	-0.59	0.15	0.52	0.33	-0.53	-0.38	0.81	-0.53	-0.1	0.33	0.66	0.21	-0.65	-0.65
Accounts Payable	0.02	0.42	-0.25	-0.51		-0.07	-0.26	0.29	-0.09	-0.39	0.8	-0.13	0.62	0.08	-0.38	-0.04	0.23	-0.17	-0.35	-0.17	-0.17	-0.04	-0.25	-0.25	0.44	0.44
Cash	0.74	-0.35	-0.08	0.6	-0.07		0.31	0.37	0.88	0.0	-0.4	-0.75	0.17	0.72	0.83	0.84	-0.47	-0.91	0.31	-0.73	-0.55	0.84	0.18	-0.19	0.04	0.03
Non Currrent Assets Other	-0.03	-0.2	0.46	0.74	-0.26	0.31		-0.44	0.16	0.71	-0.41	-0.63	-0.49	-0.14	0.18	0.09	-0.21	-0.2	0.84	-0.61	0.14	0.09	0.88	0.1	-0.66	-0.66
Other Assets	0.46	0.2	-0.66	-0.34	0.29	0.37	-0.44		0.46	-0.8	0.35	-0.19	0.84	0.78	0.34	0.54	0.02	-0.5	-0.7	-0.19	-0.73	0.54	-0.33	-0.79	0.92	0.92
Long Term Debt	0.95	-0.05	-0.35	0.43	-0.09	0.88	0.16	0.46		-0.08	-0.45	-0.48	0.3	0.6	0.9	0.99	-0.3	-0.93	0.22	-0.45	-0.65	0.99	-0.1	-0.07	0.14	0.14
Good Will	-0.18	-0.42	0.65	0.6	-0.39	0.0	0.71	-0.8	-0.08		-0.59	-0.18	-0.82	-0.44	0.07	-0.17	-0.24	0.14	0.85	-0.17	0.62	-0.17	0.53	0.59	-0.88	-0.88
Common Stock Shares Outstanding	-0.36	0.46	-0.34	-0.74	0.8	-0.4	-0.41	0.35	-0.45	-0.59		0.08	0.66	0.01	-0.65	-0.37	0.48	0.18	-0.63	0.04	-0.05	-0.37	-0.2	-0.47	0.58	0.58
Short Term Investments	-0.27	0.28	-0.21	-0.57	-0.13	-0.75	-0.63	-0.19	-0.48	-0.18	0.08		-0.09	-0.49	-0.37	-0.45	0.41	0.67	-0.39	1.0	0.3	-0.45	-0.6	0.38	0.07	0.08
Other Stockholder Equity	0.39	0.51	-0.76	-0.59	0.62	0.17	-0.49	0.84	0.3	-0.82	0.66	-0.09		0.48	0.05	0.4	0.33	-0.45	-0.68	-0.11	-0.59	0.4	-0.46	-0.59	0.86	0.86
Total Liab	0.48	-0.38	-0.44	0.15	0.08	0.72	-0.14	0.78	0.6	-0.44	0.01	-0.49	0.48		0.64	0.61	-0.19	-0.66	-0.3	-0.48	-0.57	0.61	0.01	-0.69	0.57	0.57
Intangible Assets	0.81	-0.39	-0.28	0.52	-0.38	0.83	0.18	0.34	0.9	0.07	-0.65	-0.37	0.05	0.64		0.86	-0.26	-0.75	0.28	-0.33	-0.41	0.87	0.01	-0.04	0.01	0.01
Common Stock	0.96	0.02	-0.41	0.33	-0.04	0.84	0.09	0.54	0.99	-0.17	-0.37	-0.45	0.4	0.61	0.86		-0.26	-0.93	0.13	-0.42	-0.7	1.0	-0.16	-0.13	0.24	0.24
Short Long Term Debt Total	-0.2	0.29	-0.61	-0.53	0.23	-0.47	-0.21	0.02	-0.3	-0.24	0.48	0.41	0.33	-0.19	-0.26	-0.26		0.24	-0.25	0.41	0.21	-0.26	-0.15	-0.03	0.15	0.15
Net Debt	-0.85	0.03	0.33	-0.38	-0.17	-0.91	-0.2	-0.5	-0.93	0.14	0.18	0.67	-0.45	-0.66	-0.75	-0.93	0.24		-0.19	0.66	0.67	-0.93	0.01	0.21	-0.2	-0.2
Non Current Assets Total	0.11	-0.29	0.52	0.81	-0.35	0.31	0.84	-0.7	0.22	0.85	-0.63	-0.39	-0.68	-0.3	0.28	0.13	-0.25	-0.19		-0.37	0.26	0.13	0.6	0.57	-0.9	-0.9
Cash And Short Term Investments	-0.25	0.26	-0.22	-0.53	-0.17	-0.73	-0.61	-0.19	-0.45	-0.17	0.04	1.0	-0.11	-0.48	-0.33	-0.42	0.41	0.66	-0.37		0.29	-0.42	-0.58	0.38	0.06	0.06
Net Receivables	-0.63	-0.36	0.41	-0.1	-0.17	-0.55	0.14	-0.73	-0.65	0.62	-0.05	0.3	-0.59	-0.57	-0.41	-0.7	0.21	0.67	0.26	0.29		-0.7	0.15	0.47	-0.53	-0.53
Common Stock Total Equity	0.96	0.02	-0.41	0.33	-0.04	0.84	0.09	0.54	0.99	-0.17	-0.37	-0.45	0.4	0.61	0.87	1.0	-0.26	-0.93	0.13	-0.42	-0.7		-0.16	-0.13	0.24	0.24
Non Current Liabilities Total	-0.34	-0.34	0.47	0.66	-0.25	0.18	0.88	-0.33	-0.1	0.53	-0.2	-0.6	-0.46	0.01	0.01	-0.16	-0.15	0.01	0.6	-0.58	0.15	-0.16		-0.21	-0.5	-0.5
Total Current Assets	0.04	-0.01	0.36	0.21	-0.25	-0.19	0.1	-0.79	-0.07	0.59	-0.47	0.38	-0.59	-0.69	-0.04	-0.13	-0.03	0.21	0.57	0.38	0.47	-0.13	-0.21		-0.74	-0.74
Other Current Liab	0.22	0.32	-0.65	-0.65	0.44	0.04	-0.66	0.92	0.14	-0.88	0.58	0.07	0.86	0.57	0.01	0.24	0.15	-0.2	-0.9	0.06	-0.53	0.24	-0.5	-0.74		1.0
Total Current Liabilities	0.21	0.32	-0.65	-0.65	0.44	0.03	-0.66	0.92	0.14	-0.88	0.58	0.08	0.86	0.57	0.01	0.24	0.15	-0.2	-0.9	0.06	-0.53	0.24	-0.5	-0.74	1.0

Click cells to compare fundamentals

CNO Financial Account Relationship Matchups

CNO Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.6B	35.3B	36.2B	33.3B	31.3B	28.2B
Total Stockholder Equity	4.7B	5.5B	5.3B	1.4B	2.2B	4.2B
Other Liab	22.7B	25.1B	26.2B	26.0B	29.9B	31.4B
Retained Earnings	535.7M	752.3M	1.1B	1.5B	1.9B	2.0B
Accounts Payable	522.3M	561.8M	501.8M	456.5M	410.9M	585.6M
Cash	74.7M	54.1M	99.6M	575.7M	774.5M	475.4M
Non Currrent Assets Other	(2.5B)	(2.2B)	(2.2B)	(21.8B)	25.6B	26.9B
Other Assets	(15.7B)	(17.8B)	(19.5B)	(14.3B)	(4.4B)	(4.2B)
Long Term Debt	2.6B	2.8B	4.0B	3.9B	4.2B	3.2B
Common Stock Shares Outstanding	157.1M	143.2M	131.1M	117.7M	115.1M	190.1M
Short Term Investments	21.3B	23.4B	24.8B	20.4B	193.3M	183.6M
Liabilities And Stockholders Equity	33.6B	35.3B	36.2B	33.3B	35.1B	28.4B
Other Stockholder Equity	2.8B	2.5B	2.2B	2.0B	1.9B	2.7B
Total Liab	3.8B	3.9B	4.0B	31.9B	32.9B	22.7B
Intangible Assets	1.5B	1.3B	1.3B	2.1B	2.1B	1.3B
Common Stock	1.5M	1.3M	1.2M	1.1M	990K	940.5K
Short Long Term Debt Total	23.9B	3.9B	5.1B	5.0B	4.2B	7.6B
Net Debt	3.7B	3.9B	3.9B	3.3B	3.4B	2.7B
Non Current Assets Total	22.8B	25.0B	26.4B	21.8B	29.9B	31.4B
Cash And Short Term Investments	21.4B	23.4B	24.9B	20.9B	774.5M	735.8M
Net Receivables	5.2B	4.8B	4.5B	5.4B	5.0B	3.7B
Common Stock Total Equity	1.5M	1.3M	1.2M	1.1M	990K	940.5K
Non Current Liabilities Total	3.8B	3.9B	4.0B	1.2B	33.0B	34.7B
Total Current Assets	26.6B	28.2B	29.4B	25.8B	1.3B	1.3B
Accumulated Other Comprehensive Income	1.4B	2.2B	1.9B	(2.1B)	(1.6B)	(1.5B)
Other Current Liab	140.9M	(10.4M)	8.4M	154.9M	(13M)	(12.4M)
Total Current Liabilities	140.9M	10.4M	8.4M	154.9M	13M	12.4M
Other Current Assets	1.1B	1.6B	1.0B	991.3M	1.3B	1.4B
Short Term Debt	21.3B	1.1B	1.1B	1.1B	1.0B	973.7M
Net Tangible Assets	4.7B	5.5B	5.3B	1.4B	1.3B	1.2B
Retained Earnings Total Equity	535.7M	752.3M	1.1B	1.5B	1.7B	1.8B
Long Term Debt Total	2.6B	2.8B	4.0B	3.9B	4.5B	3.0B
Capital Surpluse	2.8B	2.5B	2.2B	2.0B	1.8B	2.6B
Inventory	(1.1B)	(1.6B)	(1.0B)	(1.5B)	(26.6B)	(25.3B)
Long Term Investments	25.8B	27.8B	26.4B	21.8B	22.6B	20.5B
Non Current Liabilities Other	26.3B	27.1B	28.1B	29.2B	33.5B	28.8B
Property Plant And Equipment Net	66.5M	54.7M	48.2M	46.6M	85.3M	89.6M

Pair Trading with CNO Financial

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 CNO Financial 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 CNO Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CNO Stock

0.75

FG Annuities Life

Pair Corr

Moving against CNO Stock

0.71	MET-PF	MetLife Preferred Stock	Pair Corr
0.68	ABL	Abacus Life	Pair Corr
0.66	PUK	Prudential PLC ADR	Pair Corr
0.56	MET-PE	MetLife Preferred Stock	Pair Corr

The ability to find closely correlated positions to CNO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNO Financial 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 CNO Financial - 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 CNO Financial Group to buy it.

The correlation of CNO Financial 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 CNO Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNO Financial Group 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 CNO Financial 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.

Pair Correlation Correlation Matching

When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock:

How To Invest In CNO

Details

Is CNO Stock a good investment?

Details

What is CNO Financial's Net Worth?

Details

Largest Life & Health Insurance Companies

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Largest Insurance - Life Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial 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 board of governors.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Is Life & Health Insurance 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 CNO Financial. If investors know CNO 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 CNO Financial 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

(0.94)

Dividend Share

0.62

Earnings Share

2.5

Revenue Per Share

41.744

Quarterly Revenue Growth

0.192

The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial'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 CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial'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 CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial'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.

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CNO Retained Earnings vs Net Invested Capital Analysis

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Invested Capital

CNO Financial fundamental ratios Correlations

CNO Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CNO Financial fundamental ratios Accounts

Pair Trading with CNO Financial

Moving together with CNO Stock

Moving against CNO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Short Term Investments
Common Stock Total Equity	+ 1.0	Common Stock
Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock	+ 0.99	Long Term Debt
Common Stock Total Equity	+ 0.99	Long Term Debt
Common Stock	+ 0.96	Total Assets

Common Stock Total Equity	- 0.93	Net Debt
Net Debt	- 0.93	Common Stock
Net Debt	- 0.93	Long Term Debt
Net Debt	- 0.91	Cash
Total Current Liabilities	- 0.9	Non Current Assets Total
Other Current Liab	- 0.9	Non Current Assets Total