| 0QZK Stock | | | 63.40 1.15 1.85% |
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 Accounts Payable and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coca Cola Accounts Payable account and
Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Coca Cola's Accounts Payable and Total Stockholder Equity is -0.45. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Coca Cola Co, assuming nothing else is changed. The correlation between historical values of Coca Cola's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Coca Cola Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Coca Cola's Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.45 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Coca Cola 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 Coca Cola 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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 9.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 2
B in 2024.
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
Also Currently Popular
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.
Additional Tools for Coca Stock Analysis
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.