Coty Other Operating Expenses vs Discontinued Operations Analysis

COTY Stock  USD 10.46  0.20  1.88%   
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 Operating Expenses and its Discontinued Operations 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Other Operating Expenses vs Discontinued Operations

Other Operating Expenses vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coty Inc Other Operating Expenses account and Discontinued Operations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Coty's Other Operating Expenses and Discontinued Operations is -0.03. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Discontinued Operations 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 Operating Expenses and Discontinued Operations 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 Operating Expenses of Coty Inc are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Other Operating Expenses i.e., Coty's Other Operating Expenses and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Coty Inc. It is also known as Coty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Discontinued Operations

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 tightly coupled 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
0.690.920.890.970.960.90.98-0.60.91-0.370.93-0.430.980.60.010.92-0.430.590.970.770.350.950.840.740.85
0.640.920.90.930.770.760.96-0.610.99-0.50.82-0.450.850.520.081.0-0.450.440.810.720.610.990.690.660.79
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
0.730.970.930.90.90.840.96-0.560.93-0.430.92-0.50.930.580.040.92-0.50.510.910.80.360.950.840.750.86
0.610.960.770.80.90.90.89-0.540.76-0.210.89-0.340.970.59-0.060.78-0.340.650.990.70.140.830.840.70.79
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
-0.10.590.440.330.510.650.50.5-0.120.40.460.50.110.580.71-0.640.480.110.67-0.01-0.040.470.660.330.13
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
0.320.350.610.460.360.140.240.5-0.30.61-0.580.21-0.290.27-0.040.20.6-0.29-0.040.150.340.570.130.350.4
0.680.950.990.910.950.830.830.99-0.620.99-0.510.87-0.470.90.550.10.99-0.470.470.860.760.570.750.70.83
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
0.950.850.790.870.860.790.860.88-0.70.81-0.740.88-0.60.860.360.420.77-0.60.130.780.980.40.830.70.7
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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When determining whether Coty Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coty'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 Coty Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coty Inc Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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.
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Is Coty'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 Coty. If investors know Coty 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 Coty 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
(0.99)
Earnings Share
0.23
Revenue Per Share
7.015
Quarterly Revenue Growth
0.075
Return On Assets
0.0337
The market value of Coty Inc is measured differently than its book value, which is the value of Coty that is recorded on the company's balance sheet. Investors also form their own opinion of Coty's value that differs from its market value or its book value, called intrinsic value, which is Coty'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 Coty's market value can be influenced by many factors that don't directly affect Coty'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 Coty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coty'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.