Coca Property Plant Equipment vs Total Assets Analysis

COKE Stock  USD 981.17  35.84  3.79%   
Coca Cola financial indicator trend analysis is way more than just evaluating Coca Cola Consolidated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca Cola Consolidated is a good investment. Please check the relationship between Coca Cola Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola Consolidated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola Consolidated Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Coca Cola's Property Plant Equipment and Total Assets is 0.83. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Coca Cola Consolidated, assuming nothing else is changed. The correlation between historical values of Coca Cola's Property Plant Equipment and Total 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 Property Plant Equipment of Coca Cola Consolidated are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Coca Cola's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Coca Cola 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 Coca Cola Consolidated 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.
Most indicators from Coca Cola's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coca Cola Consolidated 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 Coca Cola Consolidated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At present, Coca Cola's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.2 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 8.16.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.6B2.7B
Total Revenue5.6B6.2B6.7B7.0B

Coca Cola fundamental ratios Correlations

0.630.520.980.860.990.110.880.690.980.280.690.990.540.730.970.490.330.970.920.96-0.10.720.720.88-0.27
0.630.030.50.150.670.830.19-0.060.760.15-0.060.670.60.950.540.81-0.030.80.350.41-0.130.910.670.830.4
0.520.030.570.640.49-0.40.620.760.420.70.760.440.10.10.46-0.270.310.410.710.620.050.03-0.120.27-0.64
0.980.50.570.920.97-0.050.940.790.930.270.790.970.460.620.970.370.40.910.950.99-0.020.610.670.81-0.39
0.860.150.640.920.83-0.41.00.920.750.250.920.820.250.310.880.080.490.70.940.96-0.030.310.480.58-0.62
0.990.670.490.970.830.170.850.630.990.250.630.990.50.770.970.540.380.980.890.94-0.120.740.740.89-0.22
0.110.83-0.4-0.05-0.40.17-0.36-0.610.29-0.1-0.610.180.390.710.050.78-0.240.35-0.23-0.15-0.170.680.420.450.77
0.880.190.620.941.00.85-0.360.90.780.240.90.840.290.360.90.130.460.730.940.96-0.020.350.510.61-0.58
0.69-0.060.760.790.920.63-0.610.90.550.41.00.630.160.070.67-0.240.40.510.90.850.110.060.20.36-0.82
0.980.760.420.930.750.990.290.780.550.240.550.980.610.840.940.630.251.00.840.9-0.130.830.770.93-0.1
0.280.150.70.270.250.25-0.10.240.40.240.40.24-0.090.120.21-0.330.120.260.410.310.010.04-0.240.16-0.36
0.69-0.060.760.790.920.63-0.610.91.00.550.40.630.160.070.67-0.240.40.510.90.850.110.060.20.36-0.82
0.990.670.440.970.820.990.180.840.630.980.240.630.50.770.970.540.370.980.890.94-0.150.750.780.9-0.23
0.540.60.10.460.250.50.390.290.160.61-0.090.160.50.60.40.61-0.460.610.370.40.050.70.440.590.28
0.730.950.10.620.310.770.710.360.070.840.120.070.770.60.680.83-0.040.860.460.54-0.160.980.730.950.35
0.970.540.460.970.880.970.050.90.670.940.210.670.970.40.680.480.420.920.870.95-0.070.660.740.84-0.25
0.490.81-0.270.370.080.540.780.13-0.240.63-0.33-0.240.540.610.830.48-0.090.640.130.27-0.240.850.720.70.63
0.33-0.030.310.40.490.38-0.240.460.40.250.120.40.37-0.46-0.040.42-0.090.240.430.43-0.26-0.170.230.08-0.58
0.970.80.410.910.70.980.350.730.511.00.260.510.980.610.860.920.640.240.810.87-0.120.840.760.94-0.07
0.920.350.710.950.940.89-0.230.940.90.840.410.90.890.370.460.870.130.430.810.98-0.060.430.50.69-0.61
0.960.410.620.990.960.94-0.150.960.850.90.310.850.940.40.540.950.270.430.870.98-0.050.530.610.76-0.49
-0.1-0.130.05-0.02-0.03-0.12-0.17-0.020.11-0.130.010.11-0.150.05-0.16-0.07-0.24-0.26-0.12-0.06-0.05-0.14-0.21-0.140.03
0.720.910.030.610.310.740.680.350.060.830.040.060.750.70.980.660.85-0.170.840.430.53-0.140.750.930.4
0.720.67-0.120.670.480.740.420.510.20.77-0.240.20.780.440.730.740.720.230.760.50.61-0.210.750.770.11
0.880.830.270.810.580.890.450.610.360.930.160.360.90.590.950.840.70.080.940.690.76-0.140.930.770.08
-0.270.4-0.64-0.39-0.62-0.220.77-0.58-0.82-0.1-0.36-0.82-0.230.280.35-0.250.63-0.58-0.07-0.61-0.490.030.40.110.08
Click cells to compare fundamentals

Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.4B3.7B4.3B4.5B
Short Long Term Debt Total1.2B1.2B938.6M755.0M735.1M696.1M
Other Current Liab1.2M403.9M487.4M(117.4M)679.1M713.0M
Total Current Liabilities622.2M647.1M834.9M905.2M1.1B1.1B
Total Stockholder Equity347.0M513.0M711.8M1.1B1.4B1.5B
Property Plant And Equipment Net1.1B1.2B1.2B1.3B1.4B1.5B
Net Debt1.2B1.1B796.3M557.4M99.9M94.9M
Retained Earnings381.2M544.3M724.5M1.1B1.4B1.4B
Cash9.6M54.8M142.3M197.6M635.3M667.0M
Non Current Assets Total2.3B2.4B2.4B2.5B2.6B2.7B
Non Currrent Assets Other113.3M111.8M120.5M(80.6M)145.2M152.5M
Cash And Short Term Investments9.6M54.8M142.3M197.6M635.3M667.0M
Net Receivables525.3M490.1M546.5M606.3M659.3M692.3M
Common Stock Shares Outstanding9.4M9.4M9.4M9.4M9.4M10.0M
Liabilities And Stockholders Equity3.1B3.2B3.4B3.7B4.3B4.5B
Non Current Liabilities Total2.1B2.1B1.9B1.7B1.8B1.1B
Inventory225.9M225.8M302.9M347.5M321.9M338.0M
Other Current Assets69.5M80.6M78.1M94.3M26.4M30.0M
Other Stockholder Equity59.2M63.0M67.7M74.7M67.2M95.2M
Total Liab2.7B2.7B2.7B2.6B2.9B3.0B
Property Plant And Equipment Gross1.1B1.2B1.2B1.3B2.6B2.7B
Total Current Assets830.3M851.2M1.1B1.2B1.7B1.8B
Accumulated Other Comprehensive Income(115.0M)(119.1M)(100.5M)(84.8M)(4.3M)(4.5M)
Short Term Debt24.4M25.6M28.1M29.9M28.7M24.0M
Intangible Assets890.7M866.6M847.7M851.2M824.6M569.8M
Accounts Payable597.8M217.6M319.3M842.4M383.6M402.7M
Other Liab908.5M932.0M988.4M963.9M1.1B1.2B
Other Assets71.4M70.4M120.5M69.6M80.0M58.0M
Long Term Debt1.0B940.5M723.4M598.8M599.2M769.8M
Property Plant Equipment997.4M1.0B1.2B1.2B1.4B684.5M
Current Deferred Revenue2.3M(10.3M)(1.2M)150.2M135.2M80.4M
Net Tangible Assets(709.7M)(519.5M)(301.9M)98.3M113.0M118.7M
Retained Earnings Total Equity381.2M544.3M724.5M1.1B1.3B1.3B
Long Term Debt Total1.0B940.5M723.4M598.8M688.6M829.0M
Capital Surpluse120.4M124.2M129.0M136.0M156.3M132.5M

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When determining whether Coca Cola Consolidated is a strong investment it is important to analyze Coca Cola's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coca Cola's future performance. For an informed investment choice regarding Coca Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola Consolidated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Coca Cola'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 Coca Cola. If investors know Coca 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 Coca Cola 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
0.405
Dividend Share
2
Earnings Share
48.57
Revenue Per Share
711.952
Quarterly Revenue Growth
0.013
The market value of Coca Cola Consolidated is measured differently than its book value, which is the value of Coca that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola'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 Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola'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 Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola'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.