CCH Stock | | | 2,850 34.00 1.21% |
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 Treasury Stock and its Total Current Liabilities 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.
Treasury Stock vs Total Current Liabilities
Treasury Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coca Cola HBC Treasury Stock account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Coca Cola's Treasury Stock and Total Current Liabilities is -0.61. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Current Liabilities 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 Treasury Stock and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Coca Cola HBC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Treasury Stock i.e., Coca Cola's Treasury Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Treasury Stock
Total Current Liabilities
Total Current Liabilities is an item on Coca Cola balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Coca Cola HBC 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.
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 28, 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
MCoca 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
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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.