Credicorp Short Long Term Debt vs Earning Assets Analysis
BAP Stock | USD 168.64 3.92 2.38% |
Credicorp financial indicator trend analysis is way more than just evaluating Credicorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credicorp is a good investment. Please check the relationship between Credicorp Short Long Term Debt and its Earning Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.
Short Long Term Debt vs Earning Assets
Short Long Term Debt vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credicorp Short Long Term Debt account and Earning Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Credicorp's Short Long Term Debt and Earning Assets is -0.3. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Credicorp, assuming nothing else is changed. The correlation between historical values of Credicorp's Short Long Term Debt and Earning 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 Long Term Debt of Credicorp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Short Long Term Debt i.e., Credicorp's Short Long Term Debt and Earning Assets go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Earning Assets
Most indicators from Credicorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credicorp 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 Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.At this time, Credicorp's Selling General Administrative is relatively stable compared to the past year. As of 05/04/2024, Enterprise Value is likely to grow to about 39.1 B, while Tax Provision is likely to drop slightly above 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.5B | 3.5B | 5.9B | 6.2B | Depreciation And Amortization | 690.2M | 690.6M | 667.1M | 359.0M |
Credicorp fundamental ratios Correlations
Click cells to compare fundamentals
Credicorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Credicorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 187.9B | 237.4B | 244.8B | 236.8B | 238.8B | 250.8B | |
Short Long Term Debt Total | 24.5B | 22.9B | 24.8B | 26.0B | 26.8B | 14.6B | |
Other Current Liab | (2.4B) | (2.3B) | (3.5B) | (2.8B) | (1.5B) | (1.4B) | |
Total Current Liabilities | 2.4B | 2.3B | 3.5B | 1.5B | 2.5B | 2.4B | |
Total Stockholder Equity | 26.2B | 24.9B | 26.5B | 29.0B | 32.5B | 34.1B | |
Property Plant And Equipment Net | 2.4B | 2.2B | 2.0B | 1.9B | 2.0B | 1.5B | |
Net Debt | (1.5B) | (13.8B) | (14.5B) | (8.1B) | (7.1B) | (6.7B) | |
Retained Earnings | 4.4B | 347.2M | 3.6B | 4.6B | 4.6B | 4.8B | |
Non Currrent Assets Other | (39.7B) | (57.7B) | (51.1B) | 3.4B | 226.9B | 238.3B | |
Other Assets | 84.5B | 89.2B | 106.7B | 118.1B | 135.8B | 142.6B | |
Common Stock Shares Outstanding | 79.7M | 79.6M | 79.7M | 79.7M | 79.7M | 64.3M | |
Liabilities And Stockholders Equity | 187.9B | 237.4B | 244.8B | 236.8B | 238.8B | 250.8B | |
Non Current Liabilities Total | 24.6B | 23.0B | 24.9B | 1.5B | 203.2B | 213.4B | |
Other Stockholder Equity | 19.5B | 21.4B | 21.4B | 23.7B | 20.2M | 19.2M | |
Total Liab | 161.1B | 212.0B | 217.8B | 207.2B | 205.7B | 216.0B | |
Property Plant And Equipment Gross | 2.4B | 2.1B | 4.5B | 1.8B | 4.8B | 5.0B | |
Accumulated Other Comprehensive Income | 1.1B | 1.9B | 235.9M | (650.1M) | 26.5B | 27.9B | |
Accounts Payable | 2.4B | 2.3B | 3.5B | 3.8B | 4.0B | 2.3B | |
Cash | 26.0B | 36.7B | 39.3B | 34.1B | 33.9B | 19.7B | |
Non Current Assets Total | 39.7B | 57.7B | 51.1B | 51.7B | 232.0B | 243.6B | |
Cash And Short Term Investments | 52.2B | 79.5B | 73.7B | 65.0B | 6.9B | 6.5B | |
Net Receivables | 11.5B | 11.0B | 13.3B | 12.0B | 12.5B | 13.1B | |
Other Current Assets | 96.6B | 95.6B | 113.4B | 29.8B | 34.3B | 56.8B | |
Total Current Assets | 63.7B | 90.5B | 87.0B | 67.0B | 6.9B | 6.5B | |
Other Liab | 11.4B | 13.3B | 20.3B | 13.7B | 15.8B | 16.6B | |
Long Term Debt | 23.6B | 22.3B | 24.2B | 25.9B | 26.2B | 27.6B | |
Good Will | 886.0M | 820.9M | 796.9M | 772.2M | 798.5M | 489.0M | |
Short Term Investments | 26.2B | 42.7B | 34.4B | 29.7B | 32.8B | 34.4B | |
Treasury Stock | (208.0M) | (207.8M) | (208.4M) | (207.5M) | (186.8M) | (177.4M) | |
Intangible Assets | 1.7B | 1.8B | 1.9B | 2.1B | 2.4B | 2.5B | |
Property Plant Equipment | 2.3B | 2.1B | 1.9B | 2.4B | 2.7B | 2.9B | |
Inventory | 143.3M | 135.1M | 136.1M | 136.1M | 156.5M | 94.0M | |
Net Tangible Assets | 23.7B | 22.3B | 23.8B | 26.1B | 30.0B | 21.0B | |
Deferred Long Term Liab | 1.2B | 1.1B | 1.0B | 1.0B | 1.2B | 772.8M | |
Long Term Investments | 31.6B | 56.6B | 50.6B | 46.9B | 47.2B | 36.9B | |
Long Term Debt Total | 23.6B | 22.8B | 24.2B | 25.9B | 29.7B | 26.3B |
Pair Trading with Credicorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credicorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credicorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Credicorp Stock
0.84 | NU | Nu Holdings Buyout Trend | PairCorr |
Moving against Credicorp Stock
0.44 | EBMT | Eagle Bancorp Montana Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Credicorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credicorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credicorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credicorp to buy it.
The correlation of Credicorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credicorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credicorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credicorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.Note that the Credicorp information on this page should be used as a complementary analysis to other Credicorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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Is Credicorp'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 Credicorp. If investors know Credicorp 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 Credicorp 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 (0.16) | Earnings Share 15.99 | Revenue Per Share 203.611 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0209 |
The market value of Credicorp is measured differently than its book value, which is the value of Credicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Credicorp's value that differs from its market value or its book value, called intrinsic value, which is Credicorp'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 Credicorp's market value can be influenced by many factors that don't directly affect Credicorp'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 Credicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credicorp'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.