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 Revenue Per Share and its Total Revenue 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.
Revenue Per Share vs Total Revenue
Revenue Per Share vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coca Cola European Revenue Per Share account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coca Cola's Revenue Per Share and Total Revenue is 0.78. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Total Revenue 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 Revenue Per Share and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Coca Cola European Partners are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Revenue Per Share i.e., Coca Cola's Revenue Per Share and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Total Revenue
Total revenue comprises all receipts Coca Cola European generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Profit | 5.2B | 6.2B | 6.7B | 4.2B | Total Revenue | 13.8B | 17.3B | 18.3B | 10.8B |
Coca Cola fundamental ratios Correlations
Click cells to compare fundamentals
Coca Cola Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coca Cola fundamental ratios Accounts
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.