CCEP Stock | | | USD 78.14 0.07 0.09% |
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 Short Long Term Debt Total and its Other Current Liab 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coca Cola European Short Long Term Debt Total account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Coca Cola's Short Long Term Debt Total and Other Current Liab is 0.85. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Liab 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 Short Long Term Debt Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Coca Cola European Partners are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt Total i.e., Coca Cola's Short Long Term Debt Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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 11/25/2024,
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.
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.