Colgate Cash and Equivalents vs Total Assets Analysis

CL Stock  USD 89.95  1.05  1.18%   
Colgate Palmolive financial indicator trend analysis is way more than just evaluating Colgate-Palmolive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colgate-Palmolive is a good investment. Please check the relationship between Colgate Palmolive Cash And Equivalents and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.

Cash And Equivalents vs Total Assets

Cash and Equivalents vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colgate-Palmolive Cash and Equivalents account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Colgate Palmolive's Cash and Equivalents and Total Assets is -0.38. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Colgate Palmolive, assuming nothing else is changed. The correlation between historical values of Colgate Palmolive's Cash and Equivalents and Total 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 Cash and Equivalents of Colgate Palmolive are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash and Equivalents i.e., Colgate Palmolive's Cash and Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Equivalents

Total Assets

Total assets refers to the total amount of Colgate Palmolive assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Colgate-Palmolive books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Colgate Palmolive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colgate-Palmolive 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 Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.The value of Selling General Administrative is expected to slide to about 4.3 B. The value of Tax Provision is estimated to slide to about 757.9 M
 2021 2022 2023 2024 (projected)
Gross Profit10.4B10.2B11.3B7.2B
Total Revenue17.4B18.0B19.5B12.8B

Colgate Palmolive fundamental ratios Correlations

0.730.570.44-0.020.90.710.80.510.990.120.420.76-0.370.540.890.55-0.80.970.430.910.150.950.560.740.6
0.730.20.28-0.310.70.990.970.270.73-0.280.550.51-0.740.750.690.29-0.960.760.780.620.010.740.550.90.65
0.570.20.370.340.370.190.290.230.570.360.110.430.080.110.410.48-0.260.460.020.480.270.470.520.250.12
0.440.280.370.070.280.280.280.120.490.030.060.38-0.04-0.370.26-0.02-0.260.410.00.270.940.30.30.190.05
-0.02-0.310.340.07-0.08-0.29-0.27-0.24-0.040.54-0.20.270.63-0.290.010.240.38-0.28-0.070.060.140.04-0.31-0.34-0.6
0.90.70.370.28-0.080.650.760.650.850.20.610.87-0.280.60.770.6-0.780.890.430.96-0.010.910.450.780.64
0.710.990.190.28-0.290.650.950.160.72-0.280.440.46-0.770.730.710.28-0.940.740.810.570.020.730.50.860.63
0.80.970.290.28-0.270.760.950.350.81-0.160.570.58-0.680.780.710.3-0.990.820.720.67-0.010.80.620.930.66
0.510.270.230.12-0.240.650.160.350.430.020.830.60.030.330.230.27-0.40.56-0.080.68-0.050.410.550.510.48
0.990.730.570.49-0.040.850.720.810.430.070.350.69-0.430.520.880.47-0.810.960.420.830.20.930.580.720.59
0.12-0.280.360.030.540.2-0.28-0.160.020.07-0.150.490.67-0.15-0.050.540.2-0.02-0.350.240.060.09-0.35-0.06-0.24
0.420.550.110.06-0.20.610.440.570.830.35-0.150.58-0.180.520.180.16-0.570.450.280.58-0.120.390.570.690.45
0.760.510.430.380.270.870.460.580.60.690.490.580.120.350.550.62-0.550.660.270.880.170.740.290.610.27
-0.37-0.740.08-0.040.63-0.28-0.77-0.680.03-0.430.67-0.180.12-0.6-0.490.130.73-0.5-0.67-0.150.14-0.42-0.49-0.59-0.69
0.540.750.11-0.37-0.290.60.730.780.330.52-0.150.520.35-0.60.570.39-0.780.590.660.55-0.630.620.410.770.64
0.890.690.410.260.010.770.710.710.230.88-0.050.180.55-0.490.570.54-0.720.850.630.79-0.010.940.390.570.53
0.550.290.48-0.020.240.60.280.30.270.470.540.160.620.130.390.54-0.30.480.210.72-0.130.54-0.090.410.34
-0.8-0.96-0.26-0.260.38-0.78-0.94-0.99-0.4-0.810.2-0.57-0.550.73-0.78-0.72-0.3-0.86-0.68-0.680.03-0.8-0.64-0.94-0.75
0.970.760.460.41-0.280.890.740.820.560.96-0.020.450.66-0.50.590.850.48-0.860.410.860.110.90.610.790.73
0.430.780.020.0-0.070.430.810.72-0.080.42-0.350.280.27-0.670.660.630.21-0.680.410.38-0.210.60.240.570.35
0.910.620.480.270.060.960.570.670.680.830.240.580.88-0.150.550.790.72-0.680.860.380.00.890.420.70.55
0.150.010.270.940.14-0.010.02-0.01-0.050.20.06-0.120.170.14-0.63-0.01-0.130.030.11-0.210.00.00.11-0.06-0.15
0.950.740.470.30.040.910.730.80.410.930.090.390.74-0.420.620.940.54-0.80.90.60.890.00.470.710.57
0.560.550.520.3-0.310.450.50.620.550.58-0.350.570.29-0.490.410.39-0.09-0.640.610.240.420.110.470.560.47
0.740.90.250.19-0.340.780.860.930.510.72-0.060.690.61-0.590.770.570.41-0.940.790.570.7-0.060.710.560.81
0.60.650.120.05-0.60.640.630.660.480.59-0.240.450.27-0.690.640.530.34-0.750.730.350.55-0.150.570.470.81
Click cells to compare fundamentals

Colgate Palmolive Account Relationship Matchups

Colgate Palmolive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B15.9B15.0B15.7B16.4B10.1B
Short Long Term Debt Total7.8B7.6B7.2B8.9B9.1B9.5B
Other Current Liab3.5B4.1B4B2.3B2.3B1.9B
Total Current Liabilities11.4B4.1B4B4.0B4.7B3.4B
Total Stockholder Equity(102M)117M743M609M401M1.1B
Property Plant And Equipment Net3.8B3.7B3.7B4.3B5.1B3.1B
Net Debt7.0B6.7B6.4B8.1B8.1B8.5B
Retained Earnings22.5B23.7B24.4B24.6B25.3B26.6B
Cash883M888M832M775M966M557.7M
Non Current Assets Total10.9B11.6B10.6B10.6B11.1B6.7B
Non Currrent Assets Other930M1.1B1.2B834M447M424.7M
Cash And Short Term Investments883M888M832M775M1.1B1.2B
Net Receivables1.4B1.3B1.3B1.5B1.6B1.3B
Common Stock Shares Outstanding873M861.1M859.3M848.3M829.2M849.8M
Liabilities And Stockholders Equity15.0B15.9B15.0B15.7B16.4B10.1B
Non Current Liabilities Total3.1B10.7B10.1B10.9B10.7B11.2B
Inventory1.4B1.7B1.7B2.1B1.9B1.1B
Other Current Assets456M513M576M760M614M416.2M
Other Stockholder Equity(19.6B)(20.1B)(20.8B)(21.6B)(22.2B)(21.1B)
Total Liab14.5B14.8B14.1B14.9B15.4B8.5B
Property Plant And Equipment Gross3.8B3.7B8.9B9.6B10.3B10.8B
Accumulated Other Comprehensive Income(4.3B)(4.3B)(4.4B)(4.1B)(3.9B)(3.7B)
Short Term Debt7.8B404M188M133M425M403.8M
Accounts Payable1.2B1.4B1.5B1.6B1.7B1.1B
Intangible Assets2.7B2.9B2.5B1.9B1.9B2.0B
Other Liab2.6B3.1B2.8B1.8B2.1B1.8B
Current Deferred Revenue(1.2B)(1.8B)(1.7B)336M302.4M317.5M
Other Assets374M1.1M1.2B1.0B1.2B1.3B
Long Term Debt7.3B7.3B7.2B8.8B8.2B5.4B
Good Will3.5B3.8B3.3B3.4B3.4B2.6B
Treasury Stock(21.2B)(22.1B)(23.0B)(24.1B)(21.7B)(20.6B)
Property Plant Equipment3.8B3.7B3.7B4.3B5.0B3.7B
Net Tangible Assets117M(6.0B)(5.1B)(4.9B)(4.4B)(4.2B)
Noncontrolling Interest In Consolidated Entity441M358M362M405M465.8M280.0M
Retained Earnings Total Equity22.5B23.7B24.4B24.6B28.3B20.0B

Colgate Palmolive Investors Sentiment

The influence of Colgate Palmolive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Colgate. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Colgate Palmolive's public news can be used to forecast risks associated with an investment in Colgate. The trend in average sentiment can be used to explain how an investor holding Colgate can time the market purely based on public headlines and social activities around Colgate Palmolive. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Colgate Palmolive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Colgate Palmolive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Colgate Palmolive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Colgate Palmolive.

Colgate Palmolive Implied Volatility

    
  34.89  
Colgate Palmolive's implied volatility exposes the market's sentiment of Colgate Palmolive stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Colgate Palmolive's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Colgate Palmolive stock will not fluctuate a lot when Colgate Palmolive's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Colgate Palmolive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Colgate Palmolive's short interest history, or implied volatility extrapolated from Colgate Palmolive options trading.

Pair Trading with Colgate Palmolive

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 Colgate Palmolive 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 Colgate Palmolive will appreciate offsetting losses from the drop in the long position's value.

Moving together with Colgate Stock

  0.95PG Procter Gamble Fiscal Quarter End 31st of March 2024 PairCorr
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Moving against Colgate Stock

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  0.67NWL Newell Brands Financial Report 26th of April 2024 PairCorr
  0.52SHOT Safety Shot Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Colgate Palmolive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colgate Palmolive 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 Colgate Palmolive - 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 Colgate Palmolive to buy it.
The correlation of Colgate Palmolive 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 Colgate Palmolive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colgate-Palmolive 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 Colgate Palmolive 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.
Pair CorrelationCorrelation Matching
When determining whether Colgate-Palmolive is a strong investment it is important to analyze Colgate Palmolive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Colgate Palmolive's future performance. For an informed investment choice regarding Colgate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Colgate Stock analysis

When running Colgate Palmolive's price analysis, check to measure Colgate Palmolive'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 Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.
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Is Colgate Palmolive'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 Colgate Palmolive. If investors know Colgate 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 Colgate Palmolive 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
144.537
Dividend Share
1.91
Earnings Share
2.77
Revenue Per Share
23.516
Quarterly Revenue Growth
0.069
The market value of Colgate-Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive'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 Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive'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 Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive'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.