Caterpillar Inc. Recorded Revenue Growth Rate of 52.60% – NYSE:CAT

Performance on November 17, 2010 of Caterpillar Inc. NYSE:CAT surged 1.00% with the closing price of $81.17. The overall volume in the last trading session was 5.40 million shares. Its fifty two week range was $50.50 – $83.84. The total market capitalization remained $ 51.52 billion. According to financial information as disclosed on Sep 30, 2010 the company's performance remained as follows. With a positive outlook in profitability company had 5.21% as profit margin while the operating margin included 8.16% recorded as the trailing twelve months period. CAT had return on assets of 3.14% while its return on equity remained 22.05% this comparatively high return on equity than assets is a good sign for investors to gain on their equity. CAT operated with a significant growth in its quarterly revenues earned and grown with 52.60% on year over year basis. In arranging the capital management of CAT had been focused on debt than cash as the most recent quarter results depicted. Company's most recent quarter cash was recorded $ 835.00 million while its total debt remained $ 28.64 billion. This capital arrangement resulted in a debt to equity ratio of 291.11. In managing the assets pool management reduced the cash on hand from $ 3,597,000,000 as on Jun 30, 2010 to $ 2,265,000,000 on Sep 30, 2010. . Management had been more concerned about speeding up the cash collections as the total net receivables on Jun 30, 2010 were recorded $ 15,475,000,000 which then increased to $ 16,335,000,000 quarter ended Sep 30, 2010. This speeding up cash collections gave opportunity to invest in various earning opportunities as the long term investments surged in the last two quarters. The long term investments were recorded $ 12,889,000,000 as on Jun 30, 2010 which then heaved to $ 13,082,000,000 on Sep 30, 2010. The share price of CAT is currently moving ahead of its 20 days moving average of 0.95% and its 50 days moving average of 4.02%. Its share price volatility for the last month remained 2.26% and recorded a beta coefficient of 1.74. CAT stock has currently options being traded on the market and its stock is available to sell short. CAT had insider ownership of 0.21% while the institutional ownership remained 66.58%. Company had a positive current ratio of 1.42. In the share capital the total outstanding shares include 634.70 million shares out of which 633.06 million shares have been floated in the market. Caterpillar Inc. (Caterpillar) provides construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The Company operates primarily through three lines of business: Machinery, Engines and Financial Products. Machinery includes the design, manufacture, marketing and sales of construction, mining and forestry machinery. Engines line of business includes the design, manufacture, marketing and sales of engines for Caterpillar machinery, electric power generation systems.
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