AKO-B Stock | | | USD 17.69 0.24 1.38% |
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 Intangible Assets and its Net Receivables 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.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Embotelladora Andina Intangible Assets account and
Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Embotelladora Andina's Intangible Assets and Net Receivables is 0.8. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables 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 Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Embotelladora Andina SA are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Embotelladora Andina's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Net Receivables
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
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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.