Bancolombia Good Will vs Common Stock Analysis

CIB Stock  USD 33.33  0.54  1.65%   
Bancolombia financial indicator trend analysis is way more than just evaluating Bancolombia SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bancolombia SA ADR is a good investment. Please check the relationship between Bancolombia Good Will and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bancolombia SA ADR Good Will account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bancolombia's Good Will and Common Stock is 0.75. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bancolombia SA ADR, assuming nothing else is changed. The correlation between historical values of Bancolombia's Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Bancolombia SA ADR are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Bancolombia's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

Most indicators from Bancolombia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bancolombia SA ADR 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 Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Bancolombia's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.75, whereas Tax Provision is forecasted to decline to about 1.4 T.
 2021 2022 2023 2024 (projected)
Interest Expense4.4T8.4T16.7T17.5T
Depreciation And Amortization855.2B949.4B1.1T1.1T

Bancolombia fundamental ratios Correlations

0.64-0.031.00.87-0.050.090.880.970.660.590.24-0.20.380.670.560.861.00.850.760.050.80.730.940.880.94
0.640.290.630.420.680.260.390.520.0-0.080.680.41-0.190.85-0.030.740.640.260.420.470.890.860.390.720.79
-0.030.29-0.08-0.190.47-0.14-0.24-0.08-0.17-0.140.180.15-0.20.11-0.090.17-0.03-0.19-0.080.550.190.12-0.080.190.11
1.00.63-0.080.87-0.070.110.890.970.670.590.22-0.210.390.660.560.851.00.850.770.030.790.720.940.870.93
0.870.42-0.190.87-0.240.40.910.870.660.580.09-0.280.580.570.580.560.870.940.71-0.310.50.630.820.580.75
-0.050.680.47-0.07-0.240.23-0.26-0.2-0.59-0.630.690.72-0.590.44-0.540.19-0.05-0.42-0.10.570.350.41-0.330.170.2
0.090.26-0.140.110.40.230.340.06-0.02-0.090.10.080.310.510.04-0.20.10.280.26-0.3-0.020.45-0.11-0.250.03
0.880.39-0.240.890.91-0.260.340.910.80.73-0.07-0.450.670.60.720.610.890.950.79-0.250.540.60.860.590.71
0.970.52-0.080.970.87-0.20.060.910.80.740.03-0.390.540.620.720.840.970.910.8-0.010.740.670.950.820.88
0.660.0-0.170.670.66-0.59-0.020.80.80.99-0.57-0.860.880.260.980.480.660.870.74-0.290.320.30.790.420.44
0.59-0.08-0.140.590.58-0.63-0.090.730.740.99-0.63-0.90.860.170.970.430.590.810.65-0.260.260.210.740.370.37
0.240.680.180.220.090.690.1-0.070.03-0.57-0.630.9-0.730.38-0.660.320.23-0.2-0.160.440.450.380.010.430.45
-0.20.410.15-0.21-0.280.720.08-0.45-0.39-0.86-0.90.9-0.880.11-0.9-0.05-0.2-0.57-0.450.410.110.09-0.410.030.04
0.38-0.19-0.20.390.58-0.590.310.670.540.880.86-0.73-0.880.190.930.130.390.770.66-0.480.00.230.480.020.14
0.670.850.110.660.570.440.510.60.620.260.170.380.110.190.260.630.670.490.610.240.820.960.420.550.67
0.56-0.03-0.090.560.58-0.540.040.720.720.980.97-0.66-0.90.930.260.420.560.80.73-0.270.260.310.670.30.35
0.860.740.170.850.560.19-0.20.610.840.480.430.32-0.050.130.630.420.860.550.630.380.90.70.770.940.92
1.00.64-0.031.00.87-0.050.10.890.970.660.590.23-0.20.390.670.560.860.850.760.050.80.730.940.880.94
0.850.26-0.190.850.94-0.420.280.950.910.870.81-0.2-0.570.770.490.80.550.850.77-0.350.440.520.870.530.66
0.760.42-0.080.770.71-0.10.260.790.80.740.65-0.16-0.450.660.610.730.630.760.77-0.20.550.660.720.530.66
0.050.470.550.03-0.310.57-0.3-0.25-0.01-0.29-0.260.440.41-0.480.24-0.270.380.05-0.35-0.20.440.23-0.090.370.25
0.80.890.190.790.50.35-0.020.540.740.320.260.450.110.00.820.260.90.80.440.550.440.840.650.880.86
0.730.860.120.720.630.410.450.60.670.30.210.380.090.230.960.310.70.730.520.660.230.840.490.620.75
0.940.39-0.080.940.82-0.33-0.110.860.950.790.740.01-0.410.480.420.670.770.940.870.72-0.090.650.490.830.82
0.880.720.190.870.580.17-0.250.590.820.420.370.430.030.020.550.30.940.880.530.530.370.880.620.830.93
0.940.790.110.930.750.20.030.710.880.440.370.450.040.140.670.350.920.940.660.660.250.860.750.820.93
Click cells to compare fundamentals

Bancolombia Account Relationship Matchups

Bancolombia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.1T255.6T289.9T352.8T342.9T360.1T
Short Long Term Debt Total35.7T32.1T32.8T41.2T33.7T19.6T
Total Current Liabilities3.5T3.2T4.0T6.0T634.6B602.9B
Total Stockholder Equity26.9T26.5T32.2T39.1T38.1T40.0T
Property Plant And Equipment Net5.5T6.0T6.8T8.6T8.2T8.6T
Net Debt17.5T12.0T8.3T16.4T1.8T1.7T
Retained Earnings7.8T4.2T7.4T10.1T8.6T5.9T
Accounts Payable3.5T3.2T4.0T6.0T6.5T6.8T
Cash18.3T20.2T23.1T24.7T32.0T33.6T
Non Current Assets Total31.9T45.5T47.4T49.8T300.1T315.1T
Non Currrent Assets Other(401.0B)(675.3B)(746.4B)(764.6B)273.5T287.2T
Other Assets185.1T188.6T217.6T277.2T(33.7T)(32.1T)
Cash And Short Term Investments18.3T20.2T23.1T24.7T(28.0T)(26.6T)
Net Receivables802.1B1.2T1.6T1.1T28.4T29.9T
Liabilities And Stockholders Equity236.1T255.6T289.9T352.8T342.9T360.1T
Non Current Liabilities Total38.2T34.0T33.4T6.0T303.2T318.4T
Total Liab207.3T227.5T255.9T312.8T303.9T319.1T
Property Plant And Equipment Gross5.6T6.0T6.8T8.6T11.6T12.2T
Total Current Assets19.1T21.4T24.8T25.8T42.8T44.9T
Accumulated Other Comprehensive Income13.7T17.0T19.5T23.7T24.1T25.3T
Short Term Debt1.6T2.4T8.6T1.9T470.3B446.8B
Other Liab6.1T8.2T9.6T13.3T15.3T16.0T
Long Term Debt24.6T30.3T29.6T39.3T30.3T31.8T
Good Will6.7T7.0T8.1T9.8T7.8T8.2T
Short Term Investments3.0T322.2B850.7B(59.9T)(53.9T)(51.2T)
Inventory(26.9T)(25.8T)(29.5T)608.4B(474.0B)(497.7B)
Intangible Assets539.0B495.6B485.6B602.5B671.6B705.2B
Property Plant Equipment5.5T6.0T6.8T8.6T9.8T10.3T
Other Current Liab(1.6T)(2.4T)(8.7T)(252.9T)164.3B172.6B
Current Deferred Revenue34.3B24.9B77.1B251.0T(6.5T)(6.1T)
Other Current Assets26.9T25.8T29.5T(608.4B)42.8T30.2T
Net Tangible Assets19.7T19.0T23.6T28.6T32.9T19.0T
Long Term Investments20.0T32.1T32.0T30.9T29.6T21.2T
Long Term Debt Total26.4T27.5T24.2T30.5T35.1T28.4T

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bancolombia. If investors know Bancolombia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bancolombia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.006
Earnings Share
5.7
Revenue Per Share
22.5 K
Quarterly Revenue Growth
0.056
Return On Assets
0.0177
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.