Coty Net Debt vs Short Term Investments Analysis

COTY Stock

USD 10.07 0.13 1.27%

Coty financial indicator trend analysis is way more than just evaluating Coty Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coty Inc is a good investment. Please check the relationship between Coty Net Debt and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coty Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coty Inc Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Coty's Net Debt and Short Term Investments is 0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Coty Inc, assuming nothing else is changed. The correlation between historical values of Coty's Net Debt and Short Term Investments 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 Coty Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Coty's Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Coty balance sheet. It contains any investments Coty Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Coty Inc can easily liquidate in the marketplace.

Most indicators from Coty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coty Inc 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 Coty Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Coty's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 219.3 M in 2024, whereas Discontinued Operations is likely to drop slightly above 4.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	224M	257.9M	296.6M	175.7M
Depreciation And Amortization	516.4M	426.7M	490.7M	463.9M

Interest Expense Depreciation And Amortization

Coty fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.69	0.64	0.75	0.73	0.61	0.73	0.73	-0.65	0.68	-0.81	0.79	-0.63	0.71	0.25	0.52	0.62	-0.63	-0.1	0.61	0.99	0.32	0.68	0.59	0.67	0.95
Total Assets	0.69		0.92	0.89	0.97	0.96	0.9	0.98	-0.6	0.91	-0.37	0.93	-0.43	0.98	0.6	0.01	0.92	-0.43	0.59	0.97	0.77	0.34	0.95	0.84	0.74	0.85
Short Long Term Debt Total	0.64	0.92		0.9	0.93	0.77	0.76	0.96	-0.61	0.99	-0.5	0.82	-0.45	0.85	0.52	0.08	1.0	-0.45	0.44	0.81	0.72	0.6	0.99	0.69	0.66	0.79
Other Current Liab	0.75	0.89	0.9		0.9	0.8	0.77	0.91	-0.8	0.9	-0.56	0.81	-0.45	0.84	0.43	0.18	0.9	-0.45	0.33	0.79	0.81	0.46	0.91	0.66	0.64	0.87
Total Current Liabilities	0.73	0.97	0.93	0.9		0.9	0.84	0.96	-0.56	0.93	-0.43	0.92	-0.5	0.93	0.58	0.04	0.92	-0.5	0.51	0.91	0.8	0.35	0.95	0.84	0.75	0.86
Total Stockholder Equity	0.61	0.96	0.77	0.8	0.9		0.9	0.89	-0.54	0.76	-0.21	0.89	-0.34	0.97	0.59	-0.06	0.78	-0.34	0.65	0.99	0.7	0.13	0.83	0.84	0.7	0.79
Other Liab	0.73	0.9	0.76	0.77	0.84	0.9		0.89	-0.64	0.78	-0.41	0.94	-0.56	0.96	0.7	0.19	0.76	-0.56	0.5	0.92	0.81	0.24	0.83	0.82	0.7	0.86
Property Plant And Equipment Net	0.73	0.98	0.96	0.91	0.96	0.89	0.89		-0.65	0.96	-0.5	0.92	-0.49	0.95	0.58	0.1	0.96	-0.49	0.5	0.91	0.8	0.5	0.99	0.8	0.73	0.88
Current Deferred Revenue	-0.65	-0.6	-0.61	-0.8	-0.56	-0.54	-0.64	-0.65		-0.6	0.57	-0.64	0.3	-0.6	-0.41	-0.38	-0.6	0.3	-0.12	-0.53	-0.68	-0.3	-0.62	-0.44	-0.44	-0.7
Net Debt	0.68	0.91	0.99	0.9	0.93	0.76	0.78	0.96	-0.6		-0.54	0.83	-0.55	0.85	0.53	0.12	0.99	-0.55	0.4	0.81	0.76	0.61	0.99	0.68	0.67	0.81
Retained Earnings	-0.81	-0.37	-0.5	-0.56	-0.43	-0.21	-0.41	-0.5	0.57	-0.54		-0.43	0.58	-0.36	0.09	-0.75	-0.47	0.58	0.46	-0.21	-0.79	-0.58	-0.51	-0.19	-0.36	-0.74
Accounts Payable	0.79	0.93	0.82	0.81	0.92	0.89	0.94	0.92	-0.64	0.83	-0.43		-0.5	0.95	0.71	0.11	0.82	-0.5	0.5	0.92	0.84	0.21	0.87	0.91	0.79	0.88
Cash	-0.63	-0.43	-0.45	-0.45	-0.5	-0.34	-0.56	-0.49	0.3	-0.55	0.58	-0.5		-0.47	-0.35	-0.4	-0.42	1.0	0.11	-0.41	-0.65	-0.29	-0.47	-0.31	-0.42	-0.6
Non Current Assets Total	0.71	0.98	0.85	0.84	0.93	0.97	0.96	0.95	-0.6	0.85	-0.36	0.95	-0.47		0.64	0.05	0.85	-0.47	0.58	0.98	0.79	0.27	0.9	0.86	0.74	0.86
Non Currrent Assets Other	0.25	0.6	0.52	0.43	0.58	0.59	0.7	0.58	-0.41	0.53	0.09	0.71	-0.35	0.64		-0.18	0.54	-0.35	0.71	0.66	0.32	-0.04	0.55	0.71	0.52	0.36
Other Assets	0.52	0.01	0.08	0.18	0.04	-0.06	0.19	0.1	-0.38	0.12	-0.75	0.11	-0.4	0.05	-0.18		0.05	-0.4	-0.64	-0.07	0.51	0.2	0.1	-0.09	0.1	0.42
Long Term Debt	0.62	0.92	1.0	0.9	0.92	0.78	0.76	0.96	-0.6	0.99	-0.47	0.82	-0.42	0.85	0.54	0.05		-0.42	0.48	0.81	0.7	0.6	0.99	0.7	0.66	0.77
Cash And Short Term Investments	-0.63	-0.43	-0.45	-0.45	-0.5	-0.34	-0.56	-0.49	0.3	-0.55	0.58	-0.5	1.0	-0.47	-0.35	-0.4	-0.42		0.11	-0.41	-0.65	-0.29	-0.47	-0.31	-0.42	-0.6
Net Receivables	-0.1	0.59	0.44	0.33	0.51	0.65	0.5	0.5	-0.12	0.4	0.46	0.5	0.11	0.58	0.71	-0.64	0.48	0.11		0.67	-0.01	-0.05	0.47	0.66	0.33	0.13
Good Will	0.61	0.97	0.81	0.79	0.91	0.99	0.92	0.91	-0.53	0.81	-0.21	0.92	-0.41	0.98	0.66	-0.07	0.81	-0.41	0.67		0.7	0.15	0.86	0.84	0.69	0.78
Common Stock Total Equity	0.99	0.77	0.72	0.81	0.8	0.7	0.81	0.8	-0.68	0.76	-0.79	0.84	-0.65	0.79	0.32	0.51	0.7	-0.65	-0.01	0.7		0.34	0.76	0.63	0.67	0.98
Short Term Investments	0.32	0.34	0.6	0.46	0.35	0.13	0.24	0.5	-0.3	0.61	-0.58	0.21	-0.29	0.27	-0.04	0.2	0.6	-0.29	-0.05	0.15	0.34		0.56	0.13	0.35	0.39
Non Current Liabilities Total	0.68	0.95	0.99	0.91	0.95	0.83	0.83	0.99	-0.62	0.99	-0.51	0.87	-0.47	0.9	0.55	0.1	0.99	-0.47	0.47	0.86	0.76	0.56		0.75	0.7	0.83
Inventory	0.59	0.84	0.69	0.66	0.84	0.84	0.82	0.8	-0.44	0.68	-0.19	0.91	-0.31	0.86	0.71	-0.09	0.7	-0.31	0.66	0.84	0.63	0.13	0.75		0.81	0.7
Other Current Assets	0.67	0.74	0.66	0.64	0.75	0.7	0.7	0.73	-0.44	0.67	-0.36	0.79	-0.42	0.74	0.52	0.1	0.66	-0.42	0.33	0.69	0.67	0.35	0.7	0.81		0.7
Other Stockholder Equity	0.95	0.85	0.79	0.87	0.86	0.79	0.86	0.88	-0.7	0.81	-0.74	0.88	-0.6	0.86	0.36	0.42	0.77	-0.6	0.13	0.78	0.98	0.39	0.83	0.7	0.7

Click cells to compare fundamentals

Coty Account Relationship Matchups

Coty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	759.1M	764.8M	834.1M	886.5M	1.0B	631.1M
Total Assets	16.7B	13.7B	12.1B	12.7B	14.6B	13.3B
Short Long Term Debt Total	8.4B	5.7B	4.7B	4.5B	5.2B	5.4B
Other Current Liab	2.2B	1.2B	1.2B	1.2B	1.4B	1.1B
Total Current Liabilities	3.6B	2.4B	2.6B	2.7B	3.1B	2.8B
Total Stockholder Equity	3.7B	3.9B	3.3B	4.0B	4.5B	3.7B
Other Liab	884.9M	1.4B	1.3B	1.3B	1.5B	1.2B
Property Plant And Equipment Net	1.5B	1.2B	1.0B	999.6M	1.1B	1.1B
Current Deferred Revenue	20.9M	21.6M	31.6M	17.4M	15.7M	14.9M
Net Debt	8.1B	5.4B	4.5B	4.2B	4.9B	4.8B
Retained Earnings	(5.5B)	(5.8B)	(5.5B)	(5.0B)	(4.5B)	(4.3B)
Accounts Payable	1.2B	1.2B	1.3B	1.4B	1.7B	1.3B
Cash	308.3M	253.5M	233.3M	246.9M	222.2M	384.1M
Non Current Assets Total	10.2B	11.9B	10.4B	10.6B	12.2B	10.3B
Non Currrent Assets Other	72.4M	55.9M	85.9M	165.6M	190.4M	161.3M
Other Assets	434.8M	814.4M	737.7M	755.5M	868.8M	912.3M
Long Term Debt	7.9B	5.4B	4.4B	4.2B	4.8B	5.2B
Cash And Short Term Investments	308.3M	253.5M	233.3M	246.9M	222.2M	384.1M
Net Receivables	440.1M	348M	364.6M	360.9M	324.8M	585.2M
Good Will	4.0B	4.1B	3.9B	4.0B	4.6B	4.1B
Liabilities And Stockholders Equity	16.7B	13.7B	12.1B	12.7B	14.6B	13.3B
Non Current Liabilities Total	9.1B	7.1B	6.0B	5.7B	6.5B	6.6B
Inventory	678.2M	650.8M	661.5M	853.4M	981.4M	835.5M
Other Current Assets	411.6M	473.9M	46M	553.6M	636.6M	377.9M
Other Stockholder Equity	9.0B	8.9B	9.4B	9.5B	10.9B	6.2B
Total Liab	12.7B	9.5B	8.6B	8.4B	9.7B	9.3B
Property Plant And Equipment Gross	1.5B	1.2B	1.0B	999.6M	1.1B	1.1B
Total Current Assets	6.5B	1.8B	1.7B	2.1B	2.4B	3.0B
Accumulated Other Comprehensive Income	(456.2M)	(321.9M)	(717.9M)	(662.4M)	(596.2M)	(566.4M)
Short Term Debt	188.3M	24.2M	23M	57.9M	66.6M	119.9M
Intangible Assets	4.4B	4.5B	3.9B	3.8B	4.4B	4.5B
Property Plant Equipment	1.5B	1.2B	715.5M	712.9M	819.8M	1.0B
Net Tangible Assets	(5.3B)	(5.7B)	(548M)	59.1M	68.0M	71.4M
Warrants	794.9M	1.1B	212.2M	235.9M	271.3M	472.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

VTSNX	Vanguard Total International
VBTIX	Vanguard Total Bond
VMCIX	Vanguard Mid Cap Index

Additional Tools for Coty Stock Analysis

When running Coty's price analysis, check to measure Coty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coty is operating at the current time. Most of Coty's value examination focuses on studying past and present price action to predict the probability of Coty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coty's price. Additionally, you may evaluate how the addition of Coty to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Coty Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

Coty fundamental ratios Correlations

Coty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Coty fundamental ratios Accounts

Also Currently Popular

Additional Tools for Coty Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Good Will	+ 0.99	Total Stockholder Equity

Retained Earnings	- 0.81	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.8	Other Current Liab
Common Stock Total Equity	- 0.79	Retained Earnings
Other Assets	- 0.75	Retained Earnings
Other Stockholder Equity	- 0.74	Retained Earnings
Other Stockholder Equity	- 0.7	Current Deferred Revenue