Bancolombia Total Assets vs Accounts Payable Analysis

CIB Stock  USD 35.46  0.11  0.31%   
Bancolombia financial indicator trend analysis is way more than just evaluating Bancolombia SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bancolombia SA ADR is a good investment. Please check the relationship between Bancolombia Total Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bancolombia SA ADR Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bancolombia's Total Assets and Accounts Payable is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bancolombia SA ADR, assuming nothing else is changed. The correlation between historical values of Bancolombia's Total Assets 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 Total Assets of Bancolombia SA ADR 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 Total Assets i.e., Bancolombia's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Bancolombia assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bancolombia SA ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Bancolombia 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 Bancolombia SA ADR 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 Bancolombia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bancolombia SA ADR 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 Bancolombia SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Bancolombia's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Tax Provision is forecasted to decline to about 1.4 T.
 2021 2022 2023 2024 (projected)
Interest Expense4.4T8.4T16.7T17.5T
Depreciation And Amortization855.2B949.4B1.1T1.2T

Bancolombia fundamental ratios Correlations

0.64-0.031.00.87-0.050.090.880.970.660.580.98-0.20.380.870.560.861.00.850.760.220.80.730.940.880.94
0.640.290.620.410.680.260.390.510.0-0.090.540.4-0.180.33-0.030.730.640.260.430.030.880.860.390.720.78
-0.030.29-0.08-0.190.47-0.14-0.24-0.08-0.17-0.130.00.15-0.2-0.19-0.090.17-0.03-0.19-0.08-0.130.190.12-0.080.190.11
1.00.62-0.080.87-0.070.110.890.970.670.590.98-0.210.390.870.560.851.00.850.770.220.790.720.940.870.93
0.870.41-0.190.87-0.240.40.910.870.660.60.85-0.280.580.860.580.560.870.940.710.20.50.630.820.580.75
-0.050.680.47-0.07-0.240.23-0.26-0.2-0.59-0.65-0.160.72-0.59-0.37-0.540.19-0.05-0.42-0.1-0.230.350.41-0.330.170.2
0.090.26-0.140.110.40.230.340.06-0.02-0.080.030.080.31-0.020.04-0.20.10.280.26-0.1-0.020.45-0.11-0.250.03
0.880.39-0.240.890.91-0.260.340.910.80.730.9-0.450.670.790.720.610.890.950.790.080.540.60.860.590.71
0.970.51-0.080.970.87-0.20.060.910.80.730.99-0.390.540.880.720.840.970.910.80.180.740.670.950.820.88
0.660.0-0.170.670.66-0.59-0.020.80.80.990.77-0.860.880.670.980.480.660.870.74-0.080.320.30.790.420.44
0.58-0.09-0.130.590.6-0.65-0.080.730.730.990.71-0.910.870.640.970.410.580.820.66-0.090.230.20.750.350.36
0.980.540.00.980.85-0.160.030.90.990.770.71-0.370.50.870.680.840.980.890.760.150.750.660.960.850.89
-0.20.40.15-0.21-0.280.720.08-0.45-0.39-0.86-0.91-0.37-0.88-0.3-0.9-0.05-0.2-0.57-0.450.280.110.09-0.410.030.04
0.38-0.18-0.20.390.58-0.590.310.670.540.880.870.5-0.880.420.930.130.390.770.66-0.250.00.230.480.020.14
0.870.33-0.190.870.86-0.37-0.020.790.880.670.640.87-0.30.420.550.660.870.860.560.40.570.470.90.710.74
0.56-0.03-0.090.560.58-0.540.040.720.720.980.970.68-0.90.930.550.420.560.80.73-0.20.260.310.670.30.35
0.860.730.170.850.560.19-0.20.610.840.480.410.84-0.050.130.660.420.860.550.630.10.90.70.770.940.92
1.00.64-0.031.00.87-0.050.10.890.970.660.580.98-0.20.390.870.560.860.850.760.210.80.730.940.880.94
0.850.26-0.190.850.94-0.420.280.950.910.870.820.89-0.570.770.860.80.550.850.770.120.440.520.870.530.66
0.760.43-0.080.770.71-0.10.260.790.80.740.660.76-0.450.660.560.730.630.760.77-0.110.550.660.720.530.66
0.220.03-0.130.220.2-0.23-0.10.080.18-0.08-0.090.150.28-0.250.4-0.20.10.210.12-0.110.15-0.020.230.20.2
0.80.880.190.790.50.35-0.020.540.740.320.230.750.110.00.570.260.90.80.440.550.150.840.650.880.86
0.730.860.120.720.630.410.450.60.670.30.20.660.090.230.470.310.70.730.520.66-0.020.840.490.620.75
0.940.39-0.080.940.82-0.33-0.110.860.950.790.750.96-0.410.480.90.670.770.940.870.720.230.650.490.830.82
0.880.720.190.870.580.17-0.250.590.820.420.350.850.030.020.710.30.940.880.530.530.20.880.620.830.93
0.940.780.110.930.750.20.030.710.880.440.360.890.040.140.740.350.920.940.660.660.20.860.750.820.93
Click cells to compare fundamentals

Bancolombia Account Relationship Matchups

Bancolombia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.1T255.6T289.9T352.8T342.9T360.1T
Short Long Term Debt Total35.7T32.1T31.5T41.2T33.7T19.7T
Total Current Liabilities3.5T3.2T4.0T6.0T634.6B602.9B
Total Stockholder Equity26.9T26.5T32.2T39.1T38.1T40.0T
Property Plant And Equipment Net5.5T6.0T6.8T8.6T8.2T8.6T
Net Debt17.5T12.0T8.3T16.4T1.8T1.7T
Retained Earnings7.8T4.2T7.4T10.1T8.6T5.9T
Accounts Payable3.5T3.2T4.0T6.0T6.5T6.8T
Cash18.3T20.2T23.1T24.7T32.0T33.6T
Non Current Assets Total31.9T45.5T47.4T49.8T300.1T315.1T
Non Currrent Assets Other(401.0B)(675.3B)(746.4B)(764.6B)273.5T287.2T
Other Assets185.1T188.6T217.6T277.2T318.8T334.7T
Cash And Short Term Investments18.3T20.2T23.1T24.7T(28.0T)(26.6T)
Net Receivables802.1B1.2T1.6T1.1T28.4T29.9T
Liabilities And Stockholders Equity236.1T255.6T289.9T352.8T342.9T360.1T
Non Current Liabilities Total38.2T34.0T33.4T6.0T303.2T318.4T
Total Liab207.3T227.5T255.9T312.8T303.9T319.1T
Property Plant And Equipment Gross5.6T6.0T6.8T8.6T11.6T12.2T
Total Current Assets19.1T21.4T24.8T25.8T42.8T44.9T
Accumulated Other Comprehensive Income13.7T17.0T19.5T23.7T24.1T25.3T
Short Term Debt1.6T2.4T8.6T1.9T470.3B446.8B
Other Liab6.1T8.2T9.6T13.3T15.3T16.0T
Long Term Debt24.6T30.3T29.6T39.3T30.3T31.8T
Good Will6.7T7.0T8.1T9.8T7.8T8.2T
Short Term Investments3.0T322.2B850.7B(59.9T)(53.9T)(51.2T)
Inventory(26.9T)(25.8T)(29.5T)608.4B(474.0B)(497.7B)
Intangible Assets539.0B495.6B485.6B602.5B671.6B705.2B
Property Plant Equipment5.5T6.0T6.8T8.6T9.8T10.3T
Other Current Liab(1.6T)(2.4T)(8.7T)(252.9T)164.3B172.6B
Other Current Assets26.9T25.8T29.5T(608.4B)42.8T61.9T
Net Tangible Assets19.7T19.0T23.6T28.6T32.9T19.0T
Long Term Investments20.0T32.1T32.0T30.9T29.6T21.2T
Long Term Debt Total26.4T27.5T24.2T30.5T35.1T28.4T
Capital Lease Obligations1.8T1.8T1.8T1.9T1.8T1.0T

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When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia'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 Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:
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Is Bancolombia's industry 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 Bancolombia. If investors know Bancolombia 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 Bancolombia 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
(0.03)
Dividend Share
3.5 K
Earnings Share
6.52
Revenue Per Share
21.9 K
Quarterly Revenue Growth
0.041
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.