Coles Long Term Debt vs Property Plant Equipment Analysis

COL Stock

18.59 0.06 0.32%

Coles financial indicator trend analysis is way more than just evaluating Coles Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coles Group is a good investment. Please check the relationship between Coles Long Term Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coles Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coles Group Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Coles' Long Term Debt and Property Plant Equipment is -0.39. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Coles Group, assuming nothing else is changed. The correlation between historical values of Coles' Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Coles Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Coles' Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Coles Group has held for over one year. Long-term debt appears on Coles Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Coles Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

Most indicators from Coles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coles Group 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 Coles Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Discontinued Operations is likely to drop to about 47.9 M in 2024. Selling General Administrative is likely to drop to about 4 B in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	8.6B	9.1B	11.4B	9.6B
Total Revenue	38.3B	40.6B	43.7B	41.1B

Gross Profit Total Revenue

Coles fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Other Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		-0.6	0.96	0.04	0.31	-0.39	0.58	-0.45	0.54	-0.19	-0.55	-0.35	0.15	-0.34	0.2	-0.2	1.0	0.36	0.39	0.24	-0.73	0.98	-0.35	0.64	0.99	0.99
Other Current Liab	-0.6		-0.52	-0.35	-0.77	-0.43	-0.83	0.98	-0.94	0.22	0.91	0.74	0.52	0.06	-0.5	-0.43	-0.55	0.35	-0.75	0.55	0.97	-0.46	-0.14	-0.62	-0.61	-0.61
Total Current Liabilities	0.96	-0.52		0.19	0.19	-0.42	0.65	-0.34	0.42	-0.36	-0.43	-0.21	0.23	-0.48	0.23	-0.3	0.95	0.43	0.34	0.22	-0.68	0.97	-0.49	0.56	0.95	0.97
Total Stockholder Equity	0.04	-0.35	0.19		0.15	0.48	0.61	-0.29	0.18	-0.2	-0.3	-0.03	-0.36	0.18	0.66	0.33	0.0	-0.2	0.62	-0.47	-0.28	0.08	0.27	0.22	-0.01	0.04
Other Liab	0.31	-0.77	0.19	0.15		0.3	0.57	-0.79	0.86	0.1	-0.59	-0.98	-0.18	0.09	-0.01	0.18	0.29	-0.1	0.35	-0.58	-0.72	0.17	0.12	0.62	0.28	0.27
Net Tangible Assets	-0.39	-0.43	-0.42	0.48	0.3		0.29	-0.56	0.33	-0.01	-0.52	-0.22	-0.91	0.42	0.6	0.88	-0.45	-0.92	0.57	-0.74	-0.25	-0.51	0.7	-0.01	-0.38	-0.36
Retained Earnings	0.58	-0.83	0.65	0.61	0.57	0.29		-0.73	0.71	-0.53	-0.66	-0.5	-0.27	-0.37	0.45	0.12	0.52	-0.1	0.58	-0.52	-0.87	0.5	-0.2	0.52	0.58	0.62
Accounts Payable	-0.45	0.98	-0.34	-0.29	-0.79	-0.56	-0.73		-0.94	0.13	0.92	0.75	0.63	-0.06	-0.5	-0.56	-0.41	0.49	-0.74	0.62	0.91	-0.3	-0.29	-0.54	-0.46	-0.46
Cash	0.54	-0.94	0.42	0.18	0.86	0.33	0.71	-0.94		-0.17	-0.77	-0.85	-0.4	-0.07	0.31	0.32	0.51	-0.26	0.62	-0.59	-0.91	0.4	0.09	0.58	0.55	0.54
Other Assets	-0.19	0.22	-0.36	-0.2	0.1	-0.01	-0.53	0.13	-0.17		-0.02	-0.15	0.05	0.85	-0.21	0.16	-0.15	0.03	-0.06	0.37	0.32	-0.22	0.63	0.32	-0.3	-0.34
Long Term Debt	-0.55	0.91	-0.43	-0.3	-0.59	-0.52	-0.66	0.92	-0.77	-0.02		0.57	0.65	-0.18	-0.59	-0.62	-0.51	0.49	-0.78	0.33	0.86	-0.39	-0.38	-0.63	-0.53	-0.53
Net Receivables	-0.35	0.74	-0.21	-0.03	-0.98	-0.22	-0.5	0.75	-0.85	-0.15	0.57		0.13	-0.09	0.06	-0.14	-0.34	0.05	-0.31	0.49	0.7	-0.21	-0.1	-0.67	-0.32	-0.3
Good Will	0.15	0.52	0.23	-0.36	-0.18	-0.91	-0.27	0.63	-0.4	0.05	0.65	0.13		-0.39	-0.77	-0.96	0.21	0.96	-0.73	0.58	0.35	0.27	-0.71	0.0	0.12	0.12
Short Term Investments	-0.34	0.06	-0.48	0.18	0.09	0.42	-0.37	-0.06	-0.07	0.85	-0.18	-0.09	-0.39		0.25	0.57	-0.32	-0.36	0.33	0.0	0.24	-0.36	0.93	0.19	-0.43	-0.46
Inventory	0.2	-0.5	0.23	0.66	-0.01	0.6	0.45	-0.5	0.31	-0.21	-0.59	0.06	-0.77	0.25		0.75	0.15	-0.61	0.91	-0.37	-0.4	0.19	0.49	0.12	0.21	0.23
Other Stockholder Equity	-0.2	-0.43	-0.3	0.33	0.18	0.88	0.12	-0.56	0.32	0.16	-0.62	-0.14	-0.96	0.57	0.75		-0.24	-0.92	0.71	-0.5	-0.24	-0.3	0.83	0.01	-0.19	-0.2
Total Liab	1.0	-0.55	0.95	0.0	0.29	-0.45	0.52	-0.41	0.51	-0.15	-0.51	-0.34	0.21	-0.32	0.15	-0.24		0.41	0.35	0.29	-0.69	0.98	-0.36	0.64	0.98	0.98
Long Term Investments	0.36	0.35	0.43	-0.2	-0.1	-0.92	-0.1	0.49	-0.26	0.03	0.49	0.05	0.96	-0.36	-0.61	-0.92	0.41		-0.53	0.57	0.18	0.48	-0.68	0.16	0.31	0.32
Total Current Assets	0.39	-0.75	0.34	0.62	0.35	0.57	0.58	-0.74	0.62	-0.06	-0.78	-0.31	-0.73	0.33	0.91	0.71	0.35	-0.53		-0.44	-0.64	0.33	0.53	0.45	0.37	0.38
Intangible Assets	0.24	0.55	0.22	-0.47	-0.58	-0.74	-0.52	0.62	-0.59	0.37	0.33	0.49	0.58	0.0	-0.37	-0.5	0.29	0.57	-0.44		0.42	0.32	-0.23	0.05	0.2	0.18
Common Stock	-0.73	0.97	-0.68	-0.28	-0.72	-0.25	-0.87	0.91	-0.91	0.32	0.86	0.7	0.35	0.24	-0.4	-0.24	-0.69	0.18	-0.64	0.42		-0.61	0.07	-0.64	-0.75	-0.76
Property Plant Equipment	0.98	-0.46	0.97	0.08	0.17	-0.51	0.5	-0.3	0.4	-0.22	-0.39	-0.21	0.27	-0.36	0.19	-0.3	0.98	0.48	0.33	0.32	-0.61		-0.41	0.54	0.96	0.96
Deferred Long Term Liab	-0.35	-0.14	-0.49	0.27	0.12	0.7	-0.2	-0.29	0.09	0.63	-0.38	-0.1	-0.71	0.93	0.49	0.83	-0.36	-0.68	0.53	-0.23	0.07	-0.41		0.11	-0.41	-0.43
Other Current Assets	0.64	-0.62	0.56	0.22	0.62	-0.01	0.52	-0.54	0.58	0.32	-0.63	-0.67	0.0	0.19	0.12	0.01	0.64	0.16	0.45	0.05	-0.64	0.54	0.11		0.55	0.55
Short Long Term Debt Total	0.99	-0.61	0.95	-0.01	0.28	-0.38	0.58	-0.46	0.55	-0.3	-0.53	-0.32	0.12	-0.43	0.21	-0.19	0.98	0.31	0.37	0.2	-0.75	0.96	-0.41	0.55		1.0
Property Plant And Equipment Net	0.99	-0.61	0.97	0.04	0.27	-0.36	0.62	-0.46	0.54	-0.34	-0.53	-0.3	0.12	-0.46	0.23	-0.2	0.98	0.32	0.38	0.18	-0.76	0.96	-0.43	0.55	1.0

Click cells to compare fundamentals

Coles Account Relationship Matchups

Coles fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.8B	20.5B	21.2B	20.5B	19.9B	15.9B
Other Current Liab	1.9B	2.0B	2.3B	2.3B	2.4B	2.2B
Total Current Liabilities	5.7B	5.8B	6.4B	6.4B	6.8B	5.5B
Total Stockholder Equity	2.6B	2.8B	3.1B	3.4B	3.6B	2.6B
Other Liab	501M	490M	435M	381M	342.9M	400.7M
Net Tangible Assets	1.0B	1.1B	1.3B	1.3B	1.2B	1.4B
Retained Earnings	961M	1.2B	1.4B	1.6B	1.8B	1.5B
Accounts Payable	2.9B	2.8B	3.2B	3.3B	3.4B	3.1B
Cash	992M	787M	589M	597M	675M	722.7M
Other Assets	969M	1.0B	996M	793M	(2.4B)	(2.3B)
Long Term Debt	1.4B	1.1B	1.1B	1.1B	1.7B	1.4B
Net Receivables	304M	368M	375M	451M	496M	420.9M
Inventory	2.2B	2.1B	2.4B	2.3B	2.7B	2.0B
Other Stockholder Equity	43M	69M	95M	13M	11.7M	11.1M
Total Liab	18.2B	17.7B	18.0B	17.1B	16.3B	12.2B
Total Current Assets	3.8B	3.4B	3.8B	3.8B	4.0B	3.0B
Intangible Assets	1.6B	1.7B	1.9B	2.0B	1.1B	1.2B
Common Stock	1.6B	1.6B	1.6B	1.6B	1.7B	1.5B
Property Plant Equipment	11.8B	11.8B	12.0B	11.5B	13.2B	7.7B
Other Current Assets	317M	172M	339M	381M	112M	106.4M
Short Long Term Debt Total	10.4B	9.9B	9.8B	9.0B	10.1B	8.3B
Property Plant And Equipment Net	11.8B	11.8B	12.0B	11.5B	12.7B	10.7B
Net Debt	9.4B	9.1B	9.2B	8.4B	9.4B	7.5B
Non Current Assets Total	17.0B	17.0B	17.4B	16.7B	18.3B	15.5B
Non Currrent Assets Other	(1.0B)	(1.0B)	(986M)	(1.1B)	2.5B	2.6B
Cash And Short Term Investments	992M	787M	589M	597M	675M	560.6M
Common Stock Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.5B	1.5B
Long Term Debt Total	9.6B	9.0B	8.9B	8.1B	9.4B	6.8B
Liabilities And Stockholders Equity	20.8B	20.5B	21.2B	20.5B	19.9B	19.2B
Non Current Liabilities Total	12.5B	11.9B	11.6B	10.7B	9.5B	9.4B
Net Invested Capital	4.0B	4.0B	4.2B	4.5B	5.3B	5.0B
Property Plant And Equipment Gross	11.8B	17.3B	18.0B	17.7B	18.5B	14.4B
Accumulated Other Comprehensive Income	43M	69M	95M	104M	103M	108.2M
Non Current Liabilities Other	29M	32M	11M	5M	1M	950K
Net Working Capital	(1.9B)	(2.4B)	(2.7B)	(2.7B)	(2.8B)	(2.9B)

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