Embotelladora Total Current Liabilities vs Short Term Investments Analysis

AKO-B Stock  USD 17.85  0.18  1.02%   
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 Total Current Liabilities and its Short Term Investments 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.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Embotelladora Andina Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Embotelladora Andina's Total Current Liabilities and Short Term Investments is 0.27. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments 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 Total Current Liabilities and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Embotelladora Andina SA are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Embotelladora Andina's Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Embotelladora Andina balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Embotelladora Andina SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Embotelladora Andina balance sheet. It contains any investments Embotelladora Andina SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Embotelladora Andina can easily liquidate in the marketplace.
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.
 2021 2022 2023 2024 (projected)
Gross Profit841.3B1.0T1.0T529.3B
Total Revenue2.2T2.7T2.6T2.7T

Embotelladora Andina fundamental ratios Correlations

0.860.00.70.870.370.950.630.610.690.960.080.680.960.120.460.820.750.160.060.830.560.710.40.880.0
0.860.040.820.650.210.870.810.820.880.790.230.850.790.430.530.990.910.32-0.020.990.760.890.350.72-0.04
0.00.040.07-0.1-0.35-0.070.240.190.21-0.070.360.21-0.060.10.140.070.090.18-0.860.070.110.16-0.09-0.17-1.0
0.70.820.070.470.130.630.770.910.780.580.260.680.680.520.270.750.950.57-0.090.890.90.890.690.49-0.06
0.870.65-0.10.470.550.790.430.380.450.93-0.170.440.87-0.030.30.640.56-0.180.20.620.360.440.220.90.1
0.370.21-0.350.130.550.44-0.3-0.06-0.160.52-0.87-0.150.34-0.14-0.080.170.16-0.460.240.17-0.08-0.080.160.690.35
0.950.87-0.070.630.790.440.510.520.60.93-0.030.620.860.050.470.830.70.140.10.80.470.650.390.90.08
0.630.810.240.770.43-0.30.510.90.950.50.690.870.640.590.440.830.830.49-0.130.850.850.90.230.32-0.24
0.610.820.190.910.38-0.060.520.90.910.490.440.80.620.740.330.820.940.51-0.20.90.960.920.370.36-0.19
0.690.880.210.780.45-0.160.60.950.910.550.540.950.680.560.570.890.840.47-0.20.910.830.940.260.4-0.21
0.960.79-0.070.580.930.520.930.50.490.55-0.080.520.910.050.30.770.67-0.080.170.750.420.540.280.960.07
0.080.230.360.26-0.17-0.87-0.030.690.440.54-0.080.470.080.340.180.260.270.54-0.170.280.420.450.01-0.29-0.36
0.680.850.210.680.44-0.150.620.870.80.950.520.470.680.430.790.850.750.47-0.260.840.760.920.220.37-0.21
0.960.79-0.060.680.870.340.860.640.620.680.910.080.680.140.490.760.730.120.110.780.60.690.350.80.06
0.120.430.10.52-0.03-0.140.050.590.740.560.050.340.430.140.030.480.620.28-0.140.530.720.55-0.09-0.01-0.1
0.460.530.140.270.3-0.080.470.440.330.570.30.180.790.490.030.520.340.34-0.290.460.390.60.080.2-0.14
0.820.990.070.750.640.170.830.830.820.890.770.260.850.760.480.520.880.23-0.020.970.730.860.20.69-0.07
0.750.910.090.950.560.160.70.830.940.840.670.270.750.730.620.340.880.41-0.080.960.920.910.460.57-0.09
0.160.320.180.57-0.18-0.460.140.490.510.47-0.080.540.470.120.280.340.230.41-0.250.370.610.640.64-0.18-0.18
0.06-0.02-0.86-0.090.20.240.1-0.13-0.2-0.20.17-0.17-0.260.11-0.14-0.29-0.02-0.08-0.25-0.05-0.15-0.190.010.230.86
0.830.990.070.890.620.170.80.850.90.910.750.280.840.780.530.460.970.960.37-0.050.840.930.390.66-0.07
0.560.760.110.90.36-0.080.470.850.960.830.420.420.760.60.720.390.730.920.61-0.150.840.920.420.28-0.11
0.710.890.160.890.44-0.080.650.90.920.940.540.450.920.690.550.60.860.910.64-0.190.930.920.470.41-0.16
0.40.35-0.090.690.220.160.390.230.370.260.280.010.220.35-0.090.080.20.460.640.010.390.420.470.270.09
0.880.72-0.170.490.90.690.90.320.360.40.96-0.290.370.8-0.010.20.690.57-0.180.230.660.280.410.270.18
0.0-0.04-1.0-0.060.10.350.08-0.24-0.19-0.210.07-0.36-0.210.06-0.1-0.14-0.07-0.09-0.180.86-0.07-0.11-0.160.090.18
Click cells to compare fundamentals

Embotelladora Andina Account Relationship Matchups

Embotelladora Andina fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4T2.4T2.9T3.0T2.9T1.6T
Short Long Term Debt Total772.4B963.5B1.1T1.1T1.0T1.1T
Other Current Liab15.4B74.1B82.3B111.6B116.1B121.9B
Total Current Liabilities411.7B378.1B529.6B949.2B692.9B727.5B
Total Stockholder Equity948.6B811.2B1.1T855.3B886.3B649.4B
Property Plant And Equipment Net722.7B605.6B716.4B798.2B872.4B651.0B
Net Debt614.8B654.0B770.3B849.5B727.1B400.3B
Retained Earnings600.9B654.2B768.1B717.0B769.3B807.8B
Accounts Payable243.7B269.9B383.1B474.5B524.5B550.7B
Cash157.6B309.5B304.3B291.7B303.7B318.9B
Non Current Assets Total1.9T1.7T2.0T1.8T1.9T1.1T
Non Currrent Assets Other225.4B241.4B71.1B135.6B143.2B150.4B
Cash And Short Term Investments157.6B449.8B499.8B384.5B369.9B388.4B
Net Receivables211.9B206.3B287.2B253.2B267.3B147.7B
Short Term Investments30.1M140.3B195.5B92.8B66.2B61.5B
Liabilities And Stockholders Equity2.4T2.4T2.9T3.0T2.9T1.6T
Non Current Liabilities Total1.0T1.2T1.3T1.2T1.3T1.4T
Inventory147.6B128.0B191.4B245.9B233.1B244.7B
Other Current Assets4.8B56.6B85.9B278.1B111.5B117.1B
Other Stockholder Equity368.0T(119.2B)1.1T(137.9B)(158.6B)(150.6B)
Total Liab1.4T1.6T1.8T2.1T2.0T2.1T
Property Plant And Equipment Gross722.7B605.6B1.7T1.9T2.0T2.1T
Total Current Assets533.5B797.3B991.0B1.2T981.8B1.0T
Accumulated Other Comprehensive Income77.0B(113.7B)37.3B(132.5B)(153.8B)(146.1B)
Short Term Debt29.1B25.2B33.6B348.6B38.9B51.5B
Intangible Assets675.1B604.5B659.6B671.8B695.9B361.6B
Current Deferred Revenue123.5B106.8B152.2B13.3B200.7B190.6B
Good Will121.2B98.3B118.0B129.0B122.1B99.5B
Other Liab267.1B300.2B274.1B385.4B443.2B225.5B
Net Tangible Assets152.4B108.3B298.5B54.5B62.6B86.6B
Other Assets226.7B243.4B1M138.0B158.8B111.2B
Long Term Debt719.9B922.9B1.0T776.7B967.1B708.1B
Long Term Investments210.7B88.0B91.5B92.3B106.1B94.6B
Short Long Term Debt23.0B19.5B25.4B341.5B29.0B27.5B
Property Plant Equipment722.7B605.6B716.4B798.2B918.0B613.2B
Capital Lease Obligations29.5B21.1B24.6B23.0B34.7B22.7B
Non Current Liabilities Other290.5B315.5B290.5B401.3B2.5B2.4B
Net Invested Capital1.7T1.8T2.1T2.0T1.9T2.0T

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.