Coca Cash and Equivalents vs Income Tax Expense Analysis

KO Stock  USD 61.03  0.49  0.81%   
Coca Cola financial indicator trend analysis is way more than just evaluating Coca-Cola prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca-Cola is a good investment. Please check the relationship between Coca Cola Cash And Equivalents and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Cash And Equivalents vs Income Tax Expense

Cash and Equivalents vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca-Cola Cash and Equivalents account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Coca Cola's Cash and Equivalents and Income Tax Expense is -0.37. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of The Coca Cola, assuming nothing else is changed. The correlation between historical values of Coca Cola's Cash and Equivalents and Income Tax Expense 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 The Coca Cola are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cash and Equivalents i.e., Coca Cola's Cash and Equivalents and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Equivalents

Income Tax Expense

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 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of the 28th of March 2024, Issuance Of Capital Stock is likely to grow to about 697.1 M, while Selling General Administrative is likely to drop about 304.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit23.3B25.0B27.2B18.0B
Total Revenue38.7B43.0B45.8B28.7B

Coca Cola fundamental ratios Correlations

0.910.260.650.630.60.810.830.620.950.20.570.66-0.960.810.840.69-0.890.960.630.330.790.620.80.610.35
0.910.060.650.380.410.970.820.430.830.280.630.51-0.950.840.640.44-0.970.970.660.360.480.430.670.330.52
0.260.06-0.150.09-0.08-0.04-0.110.090.290.18-0.2-0.06-0.250.20.560.8-0.090.19-0.14-0.190.390.460.330.19-0.25
0.650.65-0.150.710.770.580.720.650.46-0.340.880.87-0.570.20.280.21-0.560.570.890.870.430.00.210.350.68
0.630.380.090.710.940.220.630.840.51-0.410.660.91-0.430.150.450.46-0.30.410.70.530.830.280.330.740.3
0.60.41-0.080.770.940.270.620.790.48-0.470.690.95-0.450.110.330.27-0.310.40.690.660.710.110.270.540.36
0.810.97-0.040.580.220.270.760.240.740.320.580.37-0.870.820.530.31-0.950.920.610.320.310.350.590.190.57
0.830.82-0.110.720.630.620.760.710.790.240.650.68-0.750.70.590.33-0.840.820.70.320.580.420.660.650.35
0.620.430.090.650.840.790.240.710.57-0.140.560.83-0.480.280.470.43-0.410.470.590.390.730.310.460.740.08
0.950.830.290.460.510.480.740.790.570.450.30.51-0.930.880.910.69-0.880.930.380.080.780.740.950.650.06
0.20.280.18-0.34-0.41-0.470.320.24-0.140.45-0.49-0.42-0.310.660.470.2-0.470.39-0.42-0.65-0.020.560.660.17-0.5
0.570.63-0.20.880.660.690.580.650.560.3-0.490.76-0.470.180.10.12-0.480.50.980.80.34-0.090.010.250.87
0.660.51-0.060.870.910.950.370.680.830.51-0.420.76-0.530.160.360.29-0.420.480.790.740.670.140.290.520.43
-0.96-0.95-0.25-0.57-0.43-0.45-0.87-0.75-0.48-0.93-0.31-0.47-0.53-0.86-0.81-0.630.94-0.98-0.53-0.28-0.64-0.59-0.81-0.41-0.32
0.810.840.20.20.150.110.820.70.280.880.660.180.16-0.860.760.52-0.910.910.26-0.190.480.70.860.430.08
0.840.640.560.280.450.330.530.590.470.910.470.10.36-0.810.760.86-0.720.790.2-0.060.790.810.910.66-0.12
0.690.440.80.210.460.270.310.330.430.690.20.120.29-0.630.520.86-0.460.590.21-0.010.780.70.660.6-0.06
-0.89-0.97-0.09-0.56-0.3-0.31-0.95-0.84-0.41-0.88-0.47-0.48-0.420.94-0.91-0.72-0.46-0.98-0.53-0.21-0.46-0.53-0.78-0.38-0.35
0.960.970.190.570.410.40.920.820.470.930.390.50.48-0.980.910.790.59-0.980.560.220.610.60.810.470.35
0.630.66-0.140.890.70.690.610.70.590.38-0.420.980.79-0.530.260.20.21-0.530.560.740.420.010.090.340.82
0.330.36-0.190.870.530.660.320.320.390.08-0.650.80.74-0.28-0.19-0.06-0.01-0.210.220.740.16-0.34-0.18-0.050.73
0.790.480.390.430.830.710.310.580.730.78-0.020.340.67-0.640.480.790.78-0.460.610.420.160.660.70.850.02
0.620.430.460.00.280.110.350.420.310.740.56-0.090.14-0.590.70.810.7-0.530.60.01-0.340.660.80.65-0.26
0.80.670.330.210.330.270.590.660.460.950.660.010.29-0.810.860.910.66-0.780.810.09-0.180.70.80.64-0.23
0.610.330.190.350.740.540.190.650.740.650.170.250.52-0.410.430.660.6-0.380.470.34-0.050.850.650.64-0.13
0.350.52-0.250.680.30.360.570.350.080.06-0.50.870.43-0.320.08-0.12-0.06-0.350.350.820.730.02-0.26-0.23-0.13
Click cells to compare fundamentals

Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.4B87.3B94.4B92.8B97.7B102.6B
Short Long Term Debt Total42.8B42.8B42.8B39.1B42.1B44.2B
Other Current Liab414M788M686M1.2B15.5B16.3B
Total Current Liabilities27.0B14.6B20.0B19.7B23.6B14.9B
Total Stockholder Equity19.0B19.3B23.0B24.1B25.9B16.7B
Property Plant And Equipment Net10.8B10.8B9.9B9.8B9.2B7.8B
Net Debt36.3B36.0B33.1B29.6B32.7B34.3B
Retained Earnings65.8B66.6B69.1B71.0B73.8B37.9B
Cash6.5B6.8B9.7B9.5B9.4B5.1B
Non Current Assets Total66.0B68.1B71.8B70.2B71.0B74.5B
Non Currrent Assets Other6.1B6.2B6.7B6.2B7.2B4.7B
Cash And Short Term Investments11.2B10.9B12.6B11.6B13.7B8.0B
Net Receivables4.0B3.1B3.5B3.5B3.4B2.8B
Common Stock Shares Outstanding4.3B4.3B4.3B4.4B4.3B3.9B
Liabilities And Stockholders Equity86.4B87.3B94.4B92.8B97.7B102.6B
Non Current Liabilities Total38.3B51.4B49.5B47.2B46.7B49.0B
Inventory3.4B3.3B3.4B4.2B4.4B4.6B
Other Current Assets1.9B1.9B3.0B3.2B5.2B5.5B
Other Stockholder Equity(35.1B)(34.4B)(33.5B)(33.8B)(35.3B)(33.6B)
Total Liab65.3B66.0B69.5B66.9B70.2B73.7B
Total Current Assets20.4B19.2B22.5B22.6B26.7B15.6B
Short Term Debt15.2B2.7B4.6B2.8B6.5B7.4B
Intangible Assets10.0B11.0B15.3B14.8B14.9B15.6B
Accounts Payable11.3B11.1B14.6B15.7B15.5B16.3B
Good Will16.8B17.5B19.4B18.8B18.4B19.3B
Property Plant And Equipment Gross10.8B10.8B18.9B19.1B18.5B10.3B
Accumulated Other Comprehensive Income(13.5B)(14.6B)(14.3B)(14.9B)(14.3B)(13.6B)
Short Term Investments4.7B4.1B2.9B2.1B4.3B4.3B
Other Liab9.7B11.3B11.4B8.0B9.3B5.9B
Other Assets5.3B36.8B8.9B7.9B9.1B5.6B
Long Term Debt27.5B40.1B38.1B36.4B35.5B18.1B
Treasury Stock(52.2B)(52.0B)(51.6B)(52.6B)(47.3B)(49.7B)
Property Plant Equipment10.8B10.8B9.9B9.8B11.3B10.5B
Net Tangible Assets(7.2B)(8.6B)(11.6B)(9.5B)(8.6B)(8.1B)
Noncontrolling Interest In Consolidated Entity2.1B2.0B1.9B1.7B2.0B1.1B
Retained Earnings Total Equity65.9B66.6B69.1B71.0B81.7B67.1B

Coca Cola Investors Sentiment

The influence of Coca Cola'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 Coca. 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 Coca Cola's public news can be used to forecast risks associated with an investment in Coca. The trend in average sentiment can be used to explain how an investor holding Coca can time the market purely based on public headlines and social activities around The Coca Cola. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Coca Cola'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 Coca Cola'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 Coca Cola's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Coca Cola.

Coca Cola Implied Volatility

    
  16.54  
Coca Cola's implied volatility exposes the market's sentiment of The Coca Cola stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Coca Cola'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 Coca Cola stock will not fluctuate a lot when Coca Cola'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 Coca Cola 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, Coca Cola's short interest history, or implied volatility extrapolated from Coca Cola options trading.

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When determining whether Coca-Cola offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coca Cola'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 The Coca Cola Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Coca Cola Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Coca Cola's price analysis, check to measure Coca Cola'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 Coca Cola is operating at the current time. Most of Coca Cola's value examination focuses on studying past and present price action to predict the probability of Coca Cola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coca Cola's price. Additionally, you may evaluate how the addition of Coca Cola to your portfolios can decrease your overall portfolio volatility.
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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
(0.01)
Dividend Share
1.84
Earnings Share
2.47
Revenue Per Share
10.584
Quarterly Revenue Growth
0.072
The market value of Coca-Cola 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.