Coty Total Current Liabilities vs Accounts Payable 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 Total Current Liabilities and its Accounts Payable 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.
Total Current Liabilities vs Accounts Payable
Total Current Liabilities vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coty Inc Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Coty's Total Current Liabilities and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable 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 Total Current Liabilities and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Coty Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., Coty's Total Current Liabilities and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Coty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Coty Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Coty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Coty Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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
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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 |
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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.
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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.