AKO-B Stock | | | USD 17.67 0.02 0.11% |
Embotelladora Andina financial indicator trend analysis is much more than just examining Embotelladora Andina latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Embotelladora Andina is a good investment. Please check the relationship between Embotelladora Andina Depreciation and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Embotelladora Andina SA. 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.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Embotelladora Andina Depreciation account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Embotelladora Andina's Depreciation and Net Income is 0.72. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Embotelladora Andina SA, assuming nothing else is changed. The correlation between historical values of Embotelladora Andina's Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Embotelladora Andina SA are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Embotelladora Andina's Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Embotelladora Andina value has been used up. For tax purposes Embotelladora Andina can deduct the cost of the tangible assets it purchases as business expenses. However, Embotelladora Andina SA must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Embotelladora Andina financial statement analysis. It represents the amount of money remaining after all of Embotelladora Andina SA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Embotelladora Andina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Embotelladora Andina 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 Embotelladora Andina SA. 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.
At present, Embotelladora Andina's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 43.12, whereas
Selling General Administrative is forecasted to decline to about 250.7
B.
Embotelladora Andina fundamental ratios Correlations
Click cells to compare fundamentals
Embotelladora Andina Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Embotelladora Andina 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.
Other Information on Investing in Embotelladora Stock
Balance Sheet is a snapshot of the
financial position of Embotelladora Andina at a specified time, usually calculated after every quarter, six months, or one year. Embotelladora Andina Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Embotelladora Andina and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Embotelladora currently owns. An asset can also be divided into two categories, current and non-current.