Coca Depreciation And Amortization vs Gross Profit Analysis

CCH Stock   2,804  18.00  0.64%   
Coca Cola financial indicator trend analysis is way more than just evaluating Coca Cola HBC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca Cola HBC is a good investment. Please check the relationship between Coca Cola Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coca Cola HBC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola HBC Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coca Cola's Depreciation And Amortization and Gross Profit is 0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Coca Cola HBC, assuming nothing else is changed. The correlation between historical values of Coca Cola's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Coca Cola HBC are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Coca Cola's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Coca Cola HBC minus its cost of goods sold. It is profit before Coca Cola operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 HBC 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 HBC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 484 M. In addition to that, Tax Provision is expected to decline to about 185 M
 2021 2022 2023 2024 (projected)
Interest Expense67.1M77.8M86.3M57.3M
Depreciation And Amortization331.3M404.8M386.5M392.1M

Coca Cola fundamental ratios Correlations

0.420.90.640.880.620.610.570.850.630.160.10.660.940.720.99-0.240.450.87-0.630.850.80.380.060.660.65
0.420.560.180.460.730.410.350.220.00.060.080.520.43-0.140.44-0.160.810.12-0.70.660.31-0.22-0.480.15-0.04
0.90.560.560.880.760.560.620.560.710.110.050.650.910.540.89-0.30.530.84-0.610.80.620.260.040.460.49
0.640.180.560.620.490.290.370.360.57-0.160.250.490.730.490.53-0.350.330.59-0.40.540.160.090.110.110.3
0.880.460.880.620.70.630.60.630.66-0.020.120.650.880.680.87-0.380.510.79-0.670.860.560.130.10.360.41
0.620.730.760.490.70.480.440.310.43-0.030.020.590.70.110.61-0.380.790.38-0.640.80.26-0.2-0.240.05-0.02
0.610.410.560.290.630.480.850.550.34-0.430.580.690.510.50.63-0.210.530.49-0.640.720.53-0.30.180.220.29
0.570.350.620.370.60.440.850.360.59-0.40.730.860.580.590.560.040.270.59-0.450.540.48-0.20.510.280.48
0.850.220.560.360.630.310.550.360.290.250.060.460.680.690.87-0.10.290.64-0.520.710.890.430.00.780.64
0.630.00.710.570.660.430.340.590.29-0.150.160.480.690.620.59-0.290.050.84-0.130.340.30.220.470.230.44
0.160.060.11-0.16-0.02-0.03-0.43-0.40.25-0.15-0.67-0.120.2-0.060.190.49-0.190.070.150.060.380.81-0.10.50.39
0.10.080.050.250.120.020.580.730.060.16-0.670.650.110.390.060.140.00.11-0.250.110.12-0.480.470.060.23
0.660.520.650.490.650.590.690.860.460.48-0.120.650.730.560.630.190.310.52-0.580.660.57-0.060.40.450.54
0.940.430.910.730.880.70.510.580.680.690.20.110.730.660.9-0.140.410.85-0.560.80.660.370.160.540.64
0.72-0.140.540.490.680.110.50.590.690.62-0.060.390.560.660.71-0.04-0.150.78-0.330.450.660.340.570.630.75
0.990.440.890.530.870.610.630.560.870.590.190.060.630.90.71-0.240.460.86-0.640.850.850.390.030.690.64
-0.24-0.16-0.3-0.35-0.38-0.38-0.210.04-0.1-0.290.490.140.19-0.14-0.04-0.24-0.54-0.230.36-0.290.190.340.490.330.43
0.450.810.530.330.510.790.530.270.290.05-0.190.00.310.41-0.150.46-0.540.15-0.680.730.16-0.38-0.63-0.1-0.24
0.870.120.840.590.790.380.490.590.640.840.070.110.520.850.780.86-0.230.15-0.330.550.660.490.330.560.72
-0.63-0.7-0.61-0.4-0.67-0.64-0.64-0.45-0.52-0.130.15-0.25-0.58-0.56-0.33-0.640.36-0.68-0.33-0.83-0.460.20.25-0.25-0.08
0.850.660.80.540.860.80.720.540.710.340.060.110.660.80.450.85-0.290.730.55-0.830.620.01-0.140.370.29
0.80.310.620.160.560.260.530.480.890.30.380.120.570.660.660.850.190.160.66-0.460.620.530.140.920.8
0.38-0.220.260.090.13-0.2-0.3-0.20.430.220.81-0.48-0.060.370.340.390.34-0.380.490.20.010.530.160.680.71
0.06-0.480.040.110.1-0.240.180.510.00.47-0.10.470.40.160.570.030.49-0.630.330.25-0.140.140.160.170.51
0.660.150.460.110.360.050.220.280.780.230.50.060.450.540.630.690.33-0.10.56-0.250.370.920.680.170.85
0.65-0.040.490.30.41-0.020.290.480.640.440.390.230.540.640.750.640.43-0.240.72-0.080.290.80.710.510.85
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Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B7.6B8.5B9.9B9.9B7.5B
Other Current Liab1.8B984.3M1.3B1.4B1.5B1.0B
Total Current Liabilities2.7B2.0B2.5B3.0B3.8B2.1B
Total Stockholder Equity2.7B2.6B3.1B3.3B3.1B3.0B
Other Liab283.7M303.3M325.1M380.5M437.6M281.5M
Accounts Payable896.7M583.2M678.3M947.2M1.1B597.6M
Cash823M1.2B782.8M719.9M1.3B1.3B
Other Assets137M118.3M109.8M116.5M343.7M360.9M
Long Term Debt2.4B2.5B2.4B2.9B2.3B1.9B
Net Receivables838.5M606.5M765.9M861.3M1.2B895.3M
Good Will1.8B1.7B1.8B1.9B1.8B1.4B
Common Stock Shares Outstanding365.9M365.3M366.3M366.9M368.3M401.3M
Short Term Investments357.3M92.9M196.1M529.5M667.9M701.3M
Inventory488.1M417.6M519.8M770M773.3M487.8M
Other Current Assets569.4M787.1M975.4M1.2B1.2B1.3B
Total Liab5.5B4.9B5.4B6.5B6.7B4.4B
Intangible Assets331.7M281.9M284M616.5M747.8M765.0M
Common Stock2.0B2.0B2.0B2.0B2.0B1.3B
Property Plant Equipment2.7B2.6B2.8B3.3B3.8B2.8B
Treasury Stock(71.3M)(184.1M)(169.8M)(155.5M)(140.0M)(133.0M)
Retained Earnings4.7B5.1B5.6B6.1B6.8B3.5B
Short Long Term Debt Total3.3B2.9B2.9B3.4B3.4B2.6B
Property Plant And Equipment Net2.7B2.6B2.8B3.3B3.1B2.2B
Current Deferred Revenue(761.8M)(315.2M)(381.7M)(337M)1.7B1.8B
Net Debt2.5B1.7B2.2B2.7B2.2B1.9B
Non Current Assets Total5.0B4.9B5.2B6.0B6.0B5.5B
Non Currrent Assets Other(64.5M)(35.1M)(31M)(37.5M)85.9M90.2M
Cash And Short Term Investments1.6B1.3B1.6B1.7B1.9B1.1B
Common Stock Total Equity2.0B2.0B2.0B2.0B2.3B1.7B
Liabilities And Stockholders Equity8.2B7.6B8.5B9.9B9.9B8.4B
Non Current Liabilities Total2.4B2.5B2.4B2.9B2.8B2.3B
Other Stockholder Equity(4.0B)3.4B3.1B2.9B(13.8B)(13.1B)
Property Plant And Equipment Gross2.7B2.6B2.8B3.3B6.5B3.3B
Total Current Assets3.1B2.5B3.2B3.7B3.9B2.8B
Accumulated Other Comprehensive Income(7.4B)(7.6B)(7.5B)(7.6B)(8.3B)(8.7B)
Short Term Debt761.8M315.2M381.7M337M948.1M502.7M
Net Tangible Assets592.1M644.6M1.1B739.8M665.8M808.1M
Short Long Term Debt705.5M260.4M330.8M283.1M892.8M937.4M

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Other Information on Investing in Coca Stock

Balance Sheet is a snapshot of the financial position of Coca Cola HBC at a specified time, usually calculated after every quarter, six months, or one year. Coca Cola Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Coca Cola 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 Coca currently owns. An asset can also be divided into two categories, current and non-current.