Coca Intangible Assets vs Accounts Payable Analysis

CCEP Stock  USD 78.11  2.12  2.79%   
Coca Cola financial indicator trend analysis is way more than just evaluating Coca Cola European prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca Cola European is a good investment. Please check the relationship between Coca Cola Intangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola European Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola European Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coca Cola's Intangible Assets and Accounts Payable is 0.69. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Coca Cola European Partners, assuming nothing else is changed. The correlation between historical values of Coca Cola's Intangible Assets and Accounts Payable 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 Coca Cola European Partners are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Coca Cola's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 European 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.
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 European 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 European Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Coca Cola's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while Tax Provision is likely to drop slightly above 365.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B6.2B6.7B4.2B
Total Revenue13.8B17.3B18.3B10.8B

Coca Cola fundamental ratios Correlations

0.970.850.860.880.980.970.870.711.00.040.690.920.840.970.860.85-0.430.990.850.850.880.910.790.4-0.37
0.970.850.880.80.930.990.790.770.960.190.750.870.720.950.880.92-0.430.990.880.880.930.820.810.35-0.32
0.850.850.960.860.860.870.880.740.850.00.80.780.720.880.940.75-0.550.870.930.930.840.780.910.42-0.4
0.860.880.960.880.880.890.880.830.860.20.890.750.750.921.00.8-0.440.890.980.990.840.750.980.41-0.39
0.880.80.860.880.930.820.980.680.9-0.090.710.760.940.890.880.63-0.360.840.860.860.710.920.850.36-0.33
0.980.930.860.880.930.940.930.680.99-0.010.680.920.890.970.870.77-0.470.960.850.850.860.930.80.47-0.44
0.970.990.870.890.820.940.810.720.960.170.720.880.720.950.890.89-0.470.990.890.870.920.840.820.34-0.32
0.870.790.880.880.980.930.810.620.89-0.090.660.790.910.890.870.58-0.530.830.840.840.720.920.840.42-0.39
0.710.770.740.830.680.680.720.620.680.330.970.50.590.740.820.81-0.130.750.830.880.720.490.820.32-0.31
1.00.960.850.860.90.990.960.890.680.020.680.910.860.970.860.82-0.440.980.840.840.870.930.790.38-0.35
0.040.190.00.2-0.09-0.010.17-0.090.330.020.33-0.09-0.190.140.210.250.030.130.220.20.19-0.260.23-0.140.14
0.690.750.80.890.710.680.720.660.970.680.330.510.570.760.880.78-0.160.750.890.930.70.50.90.3-0.29
0.920.870.780.750.760.920.880.790.50.91-0.090.510.740.90.750.71-0.550.910.720.740.810.870.650.61-0.59
0.840.720.720.750.940.890.720.910.590.86-0.190.570.740.810.740.56-0.310.780.710.720.590.90.70.43-0.41
0.970.950.880.920.890.970.950.890.740.970.140.760.90.810.920.83-0.470.970.890.90.860.880.870.4-0.37
0.860.880.941.00.880.870.890.870.820.860.210.880.750.740.920.81-0.410.890.990.990.810.750.980.39-0.37
0.850.920.750.80.630.770.890.580.810.820.250.780.710.560.830.81-0.20.90.830.830.820.640.760.25-0.24
-0.43-0.43-0.55-0.44-0.36-0.47-0.47-0.53-0.13-0.440.03-0.16-0.55-0.31-0.47-0.41-0.2-0.45-0.34-0.38-0.51-0.47-0.33-0.490.47
0.990.990.870.890.840.960.990.830.750.980.130.750.910.780.970.890.9-0.450.880.880.920.860.820.4-0.38
0.850.880.930.980.860.850.890.840.830.840.220.890.720.710.890.990.83-0.340.880.980.810.730.980.33-0.31
0.850.880.930.990.860.850.870.840.880.840.20.930.740.720.90.990.83-0.380.880.980.810.720.970.44-0.43
0.880.930.840.840.710.860.920.720.720.870.190.70.810.590.860.810.82-0.510.920.810.810.690.730.36-0.34
0.910.820.780.750.920.930.840.920.490.93-0.260.50.870.90.880.750.64-0.470.860.730.720.690.690.37-0.34
0.790.810.910.980.850.80.820.840.820.790.230.90.650.70.870.980.76-0.330.820.980.970.730.690.29-0.27
0.40.350.420.410.360.470.340.420.320.38-0.140.30.610.430.40.390.25-0.490.40.330.440.360.370.29-1.0
-0.37-0.32-0.4-0.39-0.33-0.44-0.32-0.39-0.31-0.350.14-0.29-0.59-0.41-0.37-0.37-0.240.47-0.38-0.31-0.43-0.34-0.34-0.27-1.0
Click cells to compare fundamentals

Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.7B19.2B29.1B29.3B29.3B15.4B
Short Long Term Debt Total6.4B7.2B13.1B11.9B11.4B6.7B
Other Current Liab1.8B1.8B2.7B3.3B3.0B3.2B
Total Current Liabilities4.1B4.1B6.1B7.3B7.3B7.6B
Total Stockholder Equity6.2B6.0B7.0B7.4B8.0B8.4B
Property Plant And Equipment Net4.2B3.9B5.2B5.2B5.3B3.7B
Net Debt6.1B5.7B11.7B10.5B10.0B6.4B
Retained Earnings6.4B6.1B6.7B7.4B8.2B8.6B
Cash316.0M1.5B1.4B1.4B1.4B1.5B
Non Current Assets Total15.6B15.2B22.7B22.8B22.6B12.8B
Non Currrent Assets Other321.0M317M(60M)251M295M309.8M
Cash And Short Term Investments316.0M1.5B1.5B1.6B2.0B2.1B
Net Receivables2.0B1.6B2.4B2.7B2.7B1.4B
Common Stock Shares Outstanding469M456M457M458M459M444.5M
Liabilities And Stockholders Equity18.7B19.2B29.1B29.3B29.3B15.4B
Non Current Liabilities Total8.4B9.1B11.3B14.6B14B9.0B
Inventory723.0M681M1.2B1.4B1.4B1.4B
Other Current Assets95.0M283M684M722M545M277.5M
Other Stockholder Equity178.0M192M220M234M276M262.2M
Total Liab12.5B13.2B21.9B21.9B21.3B12.1B
Property Plant And Equipment Gross4.2B3.9B8.4B8.8B9.2B9.7B
Total Current Assets3.1B4.1B5.8B6.5B6.6B6.9B
Accumulated Other Comprehensive Income(449.0M)(537.0M)(156.1M)(505.6M)(536M)(562.8M)
Short Term Debt799.0M839M1.4B1.3B1.2B713.2M
Intangible Assets8.5B8.4B12.6B12.5B12.4B8.4B
Accounts Payable1.1B1.1B1.7B2.2B2.6B2.7B
Other Liab2.8B2.7B4.0B3.8B4.4B4.6B
Long Term Debt5.3B6.1B11.3B10.0B9.6B5.7B
Property Plant Equipment4.2B3.9B5.2B5.2B4.7B3.8B
Current Deferred Revenue346.0M(624M)(1.4B)(851M)(765.9M)(727.6M)
Good Will2.5B2.5B4.6B4.6B4.5B4.7B
Short Term Investments30.0M0.058M256M568M596.4M
Net Tangible Assets(4.9B)(4.9B)(10.2B)(9.7B)(8.7B)(8.3B)
Short Long Term Debt688M709M1.2B1.2B1.2B793.5M

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.