Coca Total Current Assets vs Return On Assets Analysis
CCEP Stock | USD 74.51 0.41 0.55% |
Coca Cola financial indicator trend analysis is way more than just evaluating Coca Cola European prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca Cola European is a good investment. Please check the relationship between Coca Cola Total Current Assets and its Return On Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola European Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Total Current Assets vs Return On Assets
Total Current Assets vs Return On Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola European Total Current Assets account and Return On Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Coca Cola's Total Current Assets and Return On Assets is -0.05. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Coca Cola European Partners, assuming nothing else is changed. The correlation between historical values of Coca Cola's Total Current Assets and Return On 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 Total Current Assets of Coca Cola European Partners are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Total Current Assets i.e., Coca Cola's Total Current Assets and Return On Assets go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most indicators from Coca Cola's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coca Cola European 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 Coca Cola European Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Coca Cola's Selling General Administrative is relatively stable compared to the past year. As of 05/19/2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while Enterprise Value Over EBITDA is likely to drop 7.08.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.2B | 6.2B | 6.7B | 4.2B | Total Revenue | 13.8B | 17.3B | 18.3B | 10.8B |
Coca Cola fundamental ratios Correlations
Click cells to compare fundamentals
Coca Cola Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coca Cola fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.7B | 19.2B | 29.1B | 29.3B | 29.3B | 15.4B | |
Short Long Term Debt Total | 6.4B | 7.2B | 13.1B | 11.9B | 11.4B | 6.7B | |
Other Current Liab | 1.8B | 2.8B | 4.2B | 4.6B | 3.6B | 3.7B | |
Total Current Liabilities | 4.1B | 4.1B | 6.1B | 7.3B | 7.3B | 7.6B | |
Total Stockholder Equity | 6.2B | 6.0B | 7.0B | 7.4B | 8.0B | 8.4B | |
Property Plant And Equipment Net | 4.2B | 3.9B | 5.2B | 5.2B | 5.3B | 3.7B | |
Net Debt | 6.1B | 5.7B | 11.7B | 10.5B | 10.0B | 6.4B | |
Retained Earnings | 6.4B | 6.1B | 6.7B | 7.4B | 8.2B | 8.6B | |
Cash | 316.0M | 1.5B | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Current Assets Total | 15.6B | 15.2B | 22.7B | 22.8B | 22.6B | 12.8B | |
Non Currrent Assets Other | (3.9B) | 317M | (60M) | 251M | 294.0M | 308.7M | |
Cash And Short Term Investments | 316.0M | 1.5B | 1.5B | 1.6B | 2.0B | 2.1B | |
Net Receivables | 2.0B | 1.6B | 2.4B | 2.7B | 2.7B | 1.4B | |
Common Stock Shares Outstanding | 469M | 456M | 457M | 458M | 459M | 444.5M | |
Liabilities And Stockholders Equity | 18.7B | 19.2B | 29.1B | 29.3B | 29.3B | 15.4B | |
Non Current Liabilities Total | 8.4B | 9.1B | 11.3B | 14.6B | 14B | 9.0B | |
Inventory | 723.0M | 681M | 1.2B | 1.4B | 1.4B | 1.4B | |
Other Current Assets | 95.0M | 283M | 690M | 96M | 592M | 621.6M | |
Other Stockholder Equity | 178.0M | (58M) | 351M | 14M | 276M | 262.2M | |
Total Liab | 12.5B | 13.2B | 21.9B | 21.9B | 21.3B | 12.1B | |
Property Plant And Equipment Gross | 4.2B | 3.9B | 8.4B | 8.8B | 9.2B | 9.7B | |
Total Current Assets | 3.1B | 4.1B | 5.8B | 6.5B | 6.6B | 6.9B | |
Accumulated Other Comprehensive Income | (449.0M) | (537.0M) | (156.1M) | (505.6M) | (536M) | (562.8M) | |
Short Term Debt | 799.0M | 805M | 1.4B | 1.3B | 1.2B | 712.2M | |
Intangible Assets | 12.4B | 8.4B | 12.6B | 12.5B | 12.4B | 8.5B | |
Accounts Payable | 1.1B | 1.1B | 1.9B | 2.2B | 2.6B | 2.7B | |
Other Liab | 2.8B | 2.7B | 4.0B | 3.8B | 4.4B | 4.6B | |
Long Term Debt | 5.3B | 6.1B | 11.3B | 10.0B | 9.6B | 5.7B | |
Property Plant Equipment | 4.2B | 3.9B | 5.2B | 5.2B | 4.7B | 3.8B | |
Current Deferred Revenue | 346.0M | (624M) | (1.4B) | (851M) | (765.9M) | (727.6M) | |
Good Will | 2.5B | 2.5B | 4.6B | 4.6B | 4.5B | 4.7B | |
Short Term Investments | 30.0M | 0.0 | 58M | 256M | 568M | 596.4M | |
Net Tangible Assets | (4.9B) | (4.9B) | (10.2B) | (9.7B) | (8.7B) | (8.3B) | |
Short Long Term Debt | 688M | 709M | 1.2B | 1.2B | 1.2B | 793.5M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola European Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Coca Cola European information on this page should be used as a complementary analysis to other Coca Cola'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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Is Coca Cola'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 Coca Cola. If investors know Coca 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 Coca Cola 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 (0.04) | Dividend Share 1.84 | Earnings Share 3.95 | Revenue Per Share 39.874 | Quarterly Revenue Growth 0.032 |
The market value of Coca Cola European is measured differently than its book value, which is the value of Coca that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola'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 Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola'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 Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola'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.