Coty Other Current Assets vs Non Currrent Assets Other Analysis

COTY Stock  USD 10.02  0.18  1.76%   
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 Other Current Assets and its Non Currrent Assets Other 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.

Other Current Assets vs Non Currrent Assets Other

Other Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coty Inc Other Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Coty's Other Current Assets and Non Currrent Assets Other is 0.52. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Other Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Coty Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Coty's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense224M257.9M296.6M175.7M
Depreciation And Amortization516.4M426.7M490.7M463.9M

Coty fundamental ratios Correlations

0.690.640.750.730.610.730.73-0.650.68-0.810.79-0.630.710.250.520.62-0.63-0.10.610.990.320.680.590.670.95
0.690.920.890.970.960.90.98-0.60.91-0.370.93-0.430.980.60.010.92-0.430.590.970.770.340.950.840.740.85
0.640.920.90.930.770.760.96-0.610.99-0.50.82-0.450.850.520.081.0-0.450.440.810.720.60.990.690.660.79
0.750.890.90.90.80.770.91-0.80.9-0.560.81-0.450.840.430.180.9-0.450.330.790.810.460.910.660.640.87
0.730.970.930.90.90.840.96-0.560.93-0.430.92-0.50.930.580.040.92-0.50.510.910.80.350.950.840.750.86
0.610.960.770.80.90.90.89-0.540.76-0.210.89-0.340.970.59-0.060.78-0.340.650.990.70.130.830.840.70.79
0.730.90.760.770.840.90.89-0.640.78-0.410.94-0.560.960.70.190.76-0.560.50.920.810.240.830.820.70.86
0.730.980.960.910.960.890.89-0.650.96-0.50.92-0.490.950.580.10.96-0.490.50.910.80.50.990.80.730.88
-0.65-0.6-0.61-0.8-0.56-0.54-0.64-0.65-0.60.57-0.640.3-0.6-0.41-0.38-0.60.3-0.12-0.53-0.68-0.3-0.62-0.44-0.44-0.7
0.680.910.990.90.930.760.780.96-0.6-0.540.83-0.550.850.530.120.99-0.550.40.810.760.610.990.680.670.81
-0.81-0.37-0.5-0.56-0.43-0.21-0.41-0.50.57-0.54-0.430.58-0.360.09-0.75-0.470.580.46-0.21-0.79-0.58-0.51-0.19-0.36-0.74
0.790.930.820.810.920.890.940.92-0.640.83-0.43-0.50.950.710.110.82-0.50.50.920.840.210.870.910.790.88
-0.63-0.43-0.45-0.45-0.5-0.34-0.56-0.490.3-0.550.58-0.5-0.47-0.35-0.4-0.421.00.11-0.41-0.65-0.29-0.47-0.31-0.42-0.6
0.710.980.850.840.930.970.960.95-0.60.85-0.360.95-0.470.640.050.85-0.470.580.980.790.270.90.860.740.86
0.250.60.520.430.580.590.70.58-0.410.530.090.71-0.350.64-0.180.54-0.350.710.660.32-0.040.550.710.520.36
0.520.010.080.180.04-0.060.190.1-0.380.12-0.750.11-0.40.05-0.180.05-0.4-0.64-0.070.510.20.1-0.090.10.42
0.620.921.00.90.920.780.760.96-0.60.99-0.470.82-0.420.850.540.05-0.420.480.810.70.60.990.70.660.77
-0.63-0.43-0.45-0.45-0.5-0.34-0.56-0.490.3-0.550.58-0.51.0-0.47-0.35-0.4-0.420.11-0.41-0.65-0.29-0.47-0.31-0.42-0.6
-0.10.590.440.330.510.650.50.5-0.120.40.460.50.110.580.71-0.640.480.110.67-0.01-0.050.470.660.330.13
0.610.970.810.790.910.990.920.91-0.530.81-0.210.92-0.410.980.66-0.070.81-0.410.670.70.150.860.840.690.78
0.990.770.720.810.80.70.810.8-0.680.76-0.790.84-0.650.790.320.510.7-0.65-0.010.70.340.760.630.670.98
0.320.340.60.460.350.130.240.5-0.30.61-0.580.21-0.290.27-0.040.20.6-0.29-0.050.150.340.560.130.350.39
0.680.950.990.910.950.830.830.99-0.620.99-0.510.87-0.470.90.550.10.99-0.470.470.860.760.560.750.70.83
0.590.840.690.660.840.840.820.8-0.440.68-0.190.91-0.310.860.71-0.090.7-0.310.660.840.630.130.750.810.7
0.670.740.660.640.750.70.70.73-0.440.67-0.360.79-0.420.740.520.10.66-0.420.330.690.670.350.70.810.7
0.950.850.790.870.860.790.860.88-0.70.81-0.740.88-0.60.860.360.420.77-0.60.130.780.980.390.830.70.7
Click cells to compare fundamentals

Coty Account Relationship Matchups

Coty fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding759.1M764.8M834.1M886.5M1.0B631.1M
Total Assets16.7B13.7B12.1B12.7B14.6B13.3B
Short Long Term Debt Total8.4B5.7B4.7B4.5B5.2B5.4B
Other Current Liab2.2B1.2B1.2B1.2B1.4B1.1B
Total Current Liabilities3.6B2.4B2.6B2.7B3.1B2.8B
Total Stockholder Equity3.7B3.9B3.3B4.0B4.5B3.7B
Other Liab884.9M1.4B1.3B1.3B1.5B1.2B
Property Plant And Equipment Net1.5B1.2B1.0B999.6M1.1B1.1B
Current Deferred Revenue20.9M21.6M31.6M17.4M15.7M14.9M
Net Debt8.1B5.4B4.5B4.2B4.9B4.8B
Retained Earnings(5.5B)(5.8B)(5.5B)(5.0B)(4.5B)(4.3B)
Accounts Payable1.2B1.2B1.3B1.4B1.7B1.3B
Cash308.3M253.5M233.3M246.9M222.2M384.1M
Non Current Assets Total10.2B11.9B10.4B10.6B12.2B10.3B
Non Currrent Assets Other72.4M55.9M85.9M165.6M190.4M161.3M
Other Assets434.8M814.4M737.7M755.5M868.8M912.3M
Long Term Debt7.9B5.4B4.4B4.2B4.8B5.2B
Cash And Short Term Investments308.3M253.5M233.3M246.9M222.2M384.1M
Net Receivables440.1M348M364.6M360.9M324.8M585.2M
Good Will4.0B4.1B3.9B4.0B4.6B4.1B
Liabilities And Stockholders Equity16.7B13.7B12.1B12.7B14.6B13.3B
Non Current Liabilities Total9.1B7.1B6.0B5.7B6.5B6.6B
Inventory678.2M650.8M661.5M853.4M981.4M835.5M
Other Current Assets411.6M473.9M46M553.6M636.6M377.9M
Other Stockholder Equity9.0B8.9B9.4B9.5B10.9B6.2B
Total Liab12.7B9.5B8.6B8.4B9.7B9.3B
Property Plant And Equipment Gross1.5B1.2B1.0B999.6M1.1B1.1B
Total Current Assets6.5B1.8B1.7B2.1B2.4B3.0B
Accumulated Other Comprehensive Income(456.2M)(321.9M)(717.9M)(662.4M)(596.2M)(566.4M)
Short Term Debt188.3M24.2M23M57.9M66.6M119.9M
Intangible Assets4.4B4.5B3.9B3.8B4.4B4.5B
Property Plant Equipment1.5B1.2B715.5M712.9M819.8M1.0B
Net Tangible Assets(5.3B)(5.7B)(548M)59.1M68.0M71.4M
Warrants794.9M1.1B212.2M235.9M271.3M472.3M

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