Coty Short Term Investments vs Other Assets Analysis
COTY Stock | USD 10.36 0.17 1.67% |
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 Short Term Investments and its Other Assets 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.
Short Term Investments vs Other Assets
Short Term Investments vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coty Inc Short Term Investments account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Coty's Short Term Investments and Other Assets is 0.2. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Assets 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 Short Term Investments and Other 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 Short Term Investments of Coty Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Term Investments i.e., Coty's Short Term Investments and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Other Assets
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 Expense | 224M | 257.9M | 296.6M | 175.7M | Depreciation And Amortization | 516.4M | 426.7M | 490.7M | 463.9M |
Coty fundamental ratios Correlations
Click cells to compare fundamentals
Coty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary 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.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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.