Coca Good Will vs Inventory Analysis

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 Good Will and its Inventory 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.

Good Will vs Inventory

Good Will vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola Good Will account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Coca Cola's Good Will and Inventory is 0.97. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Inventory 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 Good Will and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Coca Cola Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Good Will i.e., Coca Cola's Good Will and Inventory go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Inventory

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.

	2019	2020	2023	2024 (projected)
Interest Income	840M	4M	3.6M	3.4M
Tax Provision	1.8B	2.0B	2.3B	2.0B

Interest Income Tax Provision

Coca Cola fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock
Total Assets		-0.24	0.34	0.29	0.65	-0.54	0.41	-0.64	-0.26	0.45	-0.34	-0.24	0.4	0.6	-0.37	0.36	-0.58	-0.53	0.44	0.33	-0.71	0.43	-0.14	0.48	-0.1	0.98
Short Long Term Debt Total	-0.24		-0.57	-0.97	-0.38	0.56	-0.62	0.68	0.8	-0.64	0.8	1.0	-0.7	-0.88	0.76	-0.66	0.79	0.7	-0.47	-0.63	0.68	-0.68	-0.12	-0.89	0.64	-0.33
Other Current Liab	0.34	-0.57		0.69	0.67	-0.72	0.96	-0.46	-0.87	0.53	-0.94	-0.57	0.96	0.68	-0.95	0.99	-0.85	-0.92	0.92	0.93	-0.53	0.98	0.64	0.73	-0.23	0.26
Total Current Liabilities	0.29	-0.97	0.69		0.43	-0.57	0.74	-0.65	-0.85	0.64	-0.87	-0.97	0.8	0.91	-0.83	0.77	-0.81	-0.76	0.63	0.79	-0.63	0.8	0.27	0.96	-0.62	0.36
Total Stockholder Equity	0.65	-0.38	0.67	0.43		-0.96	0.76	-0.28	-0.45	0.76	-0.68	-0.38	0.73	0.69	-0.61	0.67	-0.78	-0.72	0.46	0.57	-0.81	0.67	0.53	0.55	0.28	0.59
Other Liab	-0.54	0.56	-0.72	-0.57	-0.96		-0.8	0.38	0.6	-0.83	0.78	0.56	-0.8	-0.75	0.72	-0.73	0.87	0.8	-0.47	-0.6	0.88	-0.73	-0.5	-0.62	-0.12	-0.5
Net Tangible Assets	0.41	-0.62	0.96	0.74	0.76	-0.8		-0.45	-0.86	0.71	-0.94	-0.62	0.99	0.75	-0.94	0.98	-0.89	-0.93	0.85	0.95	-0.63	0.98	0.69	0.81	-0.2	0.36
Retained Earnings	-0.64	0.68	-0.46	-0.65	-0.28	0.38	-0.45		0.7	-0.4	0.57	0.68	-0.53	-0.68	0.65	-0.52	0.73	0.71	-0.57	-0.43	0.69	-0.59	0.34	-0.67	0.76	-0.69
Accounts Payable	-0.26	0.8	-0.87	-0.85	-0.45	0.6	-0.86	0.7		-0.63	0.91	0.8	-0.91	-0.72	0.97	-0.91	0.88	0.93	-0.81	-0.85	0.6	-0.92	-0.36	-0.83	0.62	-0.28
Cash	0.45	-0.64	0.53	0.64	0.76	-0.83	0.71	-0.4	-0.63		-0.64	-0.64	0.74	0.71	-0.64	0.61	-0.78	-0.7	0.31	0.56	-0.83	0.64	0.4	0.72	-0.13	0.52
Other Assets	-0.34	0.8	-0.94	-0.87	-0.68	0.78	-0.94	0.57	0.91	-0.64		0.8	-0.96	-0.84	0.97	-0.96	0.93	0.94	-0.82	-0.9	0.68	-0.96	-0.52	-0.86	0.35	-0.32
Long Term Debt	-0.24	1.0	-0.57	-0.97	-0.38	0.56	-0.62	0.68	0.8	-0.64	0.8		-0.7	-0.88	0.76	-0.66	0.79	0.7	-0.47	-0.63	0.68	-0.68	-0.12	-0.89	0.64	-0.33
Cash And Short Term Investments	0.4	-0.7	0.96	0.8	0.73	-0.8	0.99	-0.53	-0.91	0.74	-0.96	-0.7		0.78	-0.97	0.99	-0.92	-0.96	0.84	0.94	-0.68	0.99	0.62	0.84	-0.29	0.37
Net Receivables	0.6	-0.88	0.68	0.91	0.69	-0.75	0.75	-0.68	-0.72	0.71	-0.84	-0.88	0.78		-0.78	0.74	-0.88	-0.79	0.61	0.74	-0.81	0.78	0.23	0.94	-0.4	0.64
Good Will	-0.37	0.76	-0.95	-0.83	-0.61	0.72	-0.94	0.65	0.97	-0.64	0.97	0.76	-0.97	-0.78		-0.98	0.93	0.97	-0.88	-0.91	0.66	-0.99	-0.47	-0.84	0.45	-0.35
Short Term Investments	0.36	-0.66	0.99	0.77	0.67	-0.73	0.98	-0.52	-0.91	0.61	-0.96	-0.66	0.99	0.74	-0.98		-0.89	-0.95	0.9	0.95	-0.59	0.99	0.62	0.81	-0.31	0.31
Capital Surpluse	-0.58	0.79	-0.85	-0.81	-0.78	0.87	-0.89	0.73	0.88	-0.78	0.93	0.79	-0.92	-0.88	0.93	-0.89		0.97	-0.73	-0.78	0.89	-0.91	-0.33	-0.84	0.36	-0.57
Inventory	-0.53	0.7	-0.92	-0.76	-0.72	0.8	-0.93	0.71	0.93	-0.7	0.94	0.7	-0.96	-0.79	0.97	-0.95	0.97		-0.84	-0.85	0.78	-0.96	-0.4	-0.81	0.39	-0.5
Other Current Assets	0.44	-0.47	0.92	0.63	0.46	-0.47	0.85	-0.57	-0.81	0.31	-0.82	-0.47	0.84	0.61	-0.88	0.9	-0.73	-0.84		0.91	-0.38	0.91	0.44	0.7	-0.41	0.36
Other Stockholder Equity	0.33	-0.63	0.93	0.79	0.57	-0.6	0.95	-0.43	-0.85	0.56	-0.9	-0.63	0.94	0.74	-0.91	0.95	-0.78	-0.85	0.91		-0.45	0.96	0.66	0.85	-0.34	0.3
Total Liab	-0.71	0.68	-0.53	-0.63	-0.81	0.88	-0.63	0.69	0.6	-0.83	0.68	0.68	-0.68	-0.81	0.66	-0.59	0.89	0.78	-0.38	-0.45		-0.63	-0.07	-0.68	0.19	-0.74
Total Current Assets	0.43	-0.68	0.98	0.8	0.67	-0.73	0.98	-0.59	-0.92	0.64	-0.96	-0.68	0.99	0.78	-0.99	0.99	-0.91	-0.96	0.91	0.96	-0.63		0.56	0.84	-0.37	0.39
Treasury Stock	-0.14	-0.12	0.64	0.27	0.53	-0.5	0.69	0.34	-0.36	0.4	-0.52	-0.12	0.62	0.23	-0.47	0.62	-0.33	-0.4	0.44	0.66	-0.07	0.56		0.32	0.36	-0.22
Short Term Debt	0.48	-0.89	0.73	0.96	0.55	-0.62	0.81	-0.67	-0.83	0.72	-0.86	-0.89	0.84	0.94	-0.84	0.81	-0.84	-0.81	0.7	0.85	-0.68	0.84	0.32		-0.55	0.53
Intangible Assets	-0.1	0.64	-0.23	-0.62	0.28	-0.12	-0.2	0.76	0.62	-0.13	0.35	0.64	-0.29	-0.4	0.45	-0.31	0.36	0.39	-0.41	-0.34	0.19	-0.37	0.36	-0.55		-0.21
Common Stock	0.98	-0.33	0.26	0.36	0.59	-0.5	0.36	-0.69	-0.28	0.52	-0.32	-0.33	0.37	0.64	-0.35	0.31	-0.57	-0.5	0.36	0.3	-0.74	0.39	-0.22	0.53	-0.21

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Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	87.9B	83.2B	86.4B	87.3B	78.6B	69.1B
Short Long Term Debt Total	31.2B	25.4B	27.5B	40.1B	46.1B	33.9B
Total Current Liabilities	27.2B	28.8B	27.0B	14.6B	13.1B	19.9B
Total Stockholder Equity	17.1B	17.0B	19.0B	19.3B	17.4B	15.3B
Retained Earnings	60.4B	63.2B	65.9B	66.6B	76.5B	70.7B
Cash	6.0B	9.1B	6.5B	6.8B	6.1B	5.9B
Other Assets	3.2B	5.6B	5.3B	7.1B	8.2B	5.3B
Long Term Debt	31.2B	25.4B	27.5B	40.1B	46.1B	33.9B
Cash And Short Term Investments	20.7B	16.1B	11.2B	10.9B	9.8B	13.0B
Net Receivables	3.7B	3.7B	4.0B	3.1B	2.8B	2.9B
Good Will	9.4B	14.1B	16.8B	17.5B	20.1B	15.0B
Short Term Investments	14.7B	7.0B	4.7B	4.1B	3.7B	7.1B
Capital Surpluse	15.9B	16.5B	17.2B	17.6B	20.2B	18.1B
Inventory	2.7B	3.1B	3.4B	3.3B	3.8B	3.3B
Other Stockholder Equity	(10.3B)	(12.8B)	(13.5B)	(14.6B)	(13.2B)	(13.8B)
Total Liab	70.8B	66.2B	67.4B	68.0B	78.2B	74.1B
Total Current Assets	36.5B	24.9B	20.4B	19.2B	17.3B	21.6B
Treasury Stock	(50.7B)	(51.7B)	(52.2B)	(52.0B)	(46.8B)	(49.2B)
Short Term Debt	13.2B	13.8B	11.0B	2.2B	2.0B	1.9B
Intangible Assets	7.2B	7.5B	10.0B	11.0B	12.7B	10.2B
Property Plant Equipment	8.2B	9.6B	12.2B	12.3B	14.2B	11.7B

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Coca Good Will vs Inventory Analysis

Good Will vs Inventory

Good Will vs Inventory Correlation Analysis

Correlation Coefficient

Good Will

Inventory

Coca Cola fundamental ratios Correlations

Coca Cola Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Coca Cola fundamental ratios Accounts

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Long Term Debt	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 0.99	Other Current Liab
Cash And Short Term Investments	+ 0.99	Net Tangible Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.99	Short Term Investments

Total Current Assets	- 0.99	Good Will
Short Term Investments	- 0.98	Good Will
Good Will	- 0.97	Cash And Short Term Investments
Long Term Debt	- 0.97	Total Current Liabilities
Total Current Liabilities	- 0.97	Short Long Term Debt Total
Total Current Assets	- 0.96	Inventory