Coca Accounts Payable vs Intangible Assets Analysis

CCEP Stock

USD 96.84 0.71 0.74%

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 Accounts Payable and its Intangible Assets 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.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola European Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Coca Cola's Accounts Payable and Intangible Assets is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets 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 Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Coca Cola European Partners are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Coca Cola's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Coca Cola obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Coca Cola European are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 07/19/2025, Sales General And Administrative To Revenue is likely to grow to 0.13, while Tax Provision is likely to drop slightly above 383.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	6.2B	6.7B	7.3B	4.3B
Total Revenue	17.3B	18.3B	20.4B	11.1B

Gross Profit Total Revenue

Coca Cola fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity
Total Assets		0.97	0.84	0.86	0.88	0.98	0.97	0.87	0.74	1.0	0.18	0.77	0.86	0.83	0.98	0.84	0.91	-0.47	0.99	0.84	0.87	0.9	0.95	0.83	0.39	-0.36
Short Long Term Debt Total	0.97		0.85	0.87	0.82	0.94	1.0	0.81	0.79	0.96	0.24	0.82	0.85	0.73	0.95	0.85	0.95	-0.49	0.99	0.86	0.9	0.94	0.9	0.83	0.35	-0.33
Other Current Liab	0.84	0.85		0.99	0.88	0.86	0.85	0.88	0.85	0.84	0.16	0.88	0.97	0.73	0.89	0.99	0.8	-0.55	0.87	0.98	0.98	0.8	0.81	0.98	0.43	-0.41
Total Current Liabilities	0.86	0.87	0.99		0.89	0.88	0.87	0.89	0.86	0.86	0.27	0.89	0.96	0.73	0.91	1.0	0.82	-0.56	0.88	0.99	0.99	0.84	0.8	0.99	0.39	-0.37
Total Stockholder Equity	0.88	0.82	0.88	0.89		0.92	0.83	0.98	0.73	0.9	0.13	0.75	0.9	0.93	0.89	0.88	0.76	-0.44	0.85	0.87	0.88	0.74	0.91	0.89	0.36	-0.33
Property Plant And Equipment Net	0.98	0.94	0.86	0.88	0.92		0.94	0.92	0.72	0.99	0.18	0.75	0.89	0.87	0.97	0.86	0.86	-0.52	0.97	0.85	0.88	0.87	0.94	0.85	0.44	-0.42
Net Debt	0.97	1.0	0.85	0.87	0.83	0.94		0.83	0.74	0.96	0.24	0.78	0.86	0.74	0.95	0.86	0.95	-0.52	0.99	0.87	0.89	0.93	0.9	0.84	0.34	-0.32
Retained Earnings	0.87	0.81	0.88	0.89	0.98	0.92	0.83		0.67	0.89	0.15	0.7	0.91	0.91	0.9	0.87	0.73	-0.6	0.84	0.85	0.86	0.74	0.9	0.87	0.41	-0.38
Cash	0.74	0.79	0.85	0.86	0.73	0.72	0.74	0.67		0.72	0.23	0.98	0.77	0.61	0.76	0.85	0.74	-0.29	0.78	0.86	0.9	0.75	0.64	0.85	0.32	-0.31
Non Current Assets Total	1.0	0.96	0.84	0.86	0.9	0.99	0.96	0.89	0.72		0.19	0.75	0.86	0.86	0.98	0.84	0.9	-0.48	0.98	0.84	0.87	0.89	0.96	0.83	0.37	-0.35
Non Currrent Assets Other	0.18	0.24	0.16	0.27	0.13	0.18	0.24	0.15	0.23	0.19		0.23	0.13	0.0	0.26	0.27	0.28	-0.17	0.22	0.26	0.22	0.27	-0.02	0.26	-0.07	0.07
Cash And Short Term Investments	0.77	0.82	0.88	0.89	0.75	0.75	0.78	0.7	0.98	0.75	0.23		0.81	0.61	0.81	0.88	0.77	-0.33	0.81	0.89	0.93	0.78	0.68	0.88	0.32	-0.3
Net Receivables	0.86	0.85	0.97	0.96	0.9	0.89	0.86	0.91	0.77	0.86	0.13	0.81		0.78	0.9	0.96	0.81	-0.6	0.88	0.94	0.96	0.79	0.86	0.93	0.56	-0.54
Common Stock Shares Outstanding	0.83	0.73	0.73	0.73	0.93	0.87	0.74	0.91	0.61	0.86	0.0	0.61	0.78		0.81	0.71	0.66	-0.34	0.78	0.69	0.73	0.62	0.89	0.72	0.44	-0.41
Non Current Liabilities Total	0.98	0.95	0.89	0.91	0.89	0.97	0.95	0.9	0.76	0.98	0.26	0.81	0.9	0.81		0.89	0.9	-0.54	0.98	0.88	0.92	0.89	0.93	0.88	0.4	-0.37
Inventory	0.84	0.85	0.99	1.0	0.88	0.86	0.86	0.87	0.85	0.84	0.27	0.88	0.96	0.71	0.89		0.8	-0.53	0.87	0.99	0.98	0.8	0.79	0.99	0.36	-0.34
Other Current Assets	0.91	0.95	0.8	0.82	0.76	0.86	0.95	0.73	0.74	0.9	0.28	0.77	0.81	0.66	0.9	0.8		-0.37	0.93	0.81	0.86	0.93	0.81	0.77	0.33	-0.31
Other Stockholder Equity	-0.47	-0.49	-0.55	-0.56	-0.44	-0.52	-0.52	-0.6	-0.29	-0.48	-0.17	-0.33	-0.6	-0.34	-0.54	-0.53	-0.37		-0.5	-0.48	-0.51	-0.54	-0.48	-0.5	-0.48	0.46
Total Liab	0.99	0.99	0.87	0.88	0.85	0.97	0.99	0.84	0.78	0.98	0.22	0.81	0.88	0.78	0.98	0.87	0.93	-0.5		0.87	0.9	0.93	0.92	0.85	0.4	-0.37
Property Plant And Equipment Gross	0.84	0.86	0.98	0.99	0.87	0.85	0.87	0.85	0.86	0.84	0.26	0.89	0.94	0.69	0.88	0.99	0.81	-0.48	0.87		0.98	0.8	0.79	0.99	0.32	-0.3
Total Current Assets	0.87	0.9	0.98	0.99	0.88	0.88	0.89	0.86	0.9	0.87	0.22	0.93	0.96	0.73	0.92	0.98	0.86	-0.51	0.9	0.98		0.85	0.82	0.97	0.44	-0.42
Short Term Debt	0.9	0.94	0.8	0.84	0.74	0.87	0.93	0.74	0.75	0.89	0.27	0.78	0.79	0.62	0.89	0.8	0.93	-0.54	0.93	0.8	0.85		0.77	0.78	0.35	-0.33
Intangible Assets	0.95	0.9	0.81	0.8	0.91	0.94	0.9	0.9	0.64	0.96	-0.02	0.68	0.86	0.89	0.93	0.79	0.81	-0.48	0.92	0.79	0.82	0.77		0.79	0.36	-0.34
Accounts Payable	0.83	0.83	0.98	0.99	0.89	0.85	0.84	0.87	0.85	0.83	0.26	0.88	0.93	0.72	0.88	0.99	0.77	-0.5	0.85	0.99	0.97	0.78	0.79		0.28	-0.26
Common Stock	0.39	0.35	0.43	0.39	0.36	0.44	0.34	0.41	0.32	0.37	-0.07	0.32	0.56	0.44	0.4	0.36	0.33	-0.48	0.4	0.32	0.44	0.35	0.36	0.28		-1.0
Common Stock Total Equity	-0.36	-0.33	-0.41	-0.37	-0.33	-0.42	-0.32	-0.38	-0.31	-0.35	0.07	-0.3	-0.54	-0.41	-0.37	-0.34	-0.31	0.46	-0.37	-0.3	-0.42	-0.33	-0.34	-0.26	-1.0

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Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	19.2B	29.1B	29.3B	29.3B	31.1B	15.9B
Short Long Term Debt Total	7.2B	13.1B	11.9B	11.4B	11.3B	6.9B
Other Current Liab	1.8B	2.7B	3.3B	3.1B	3.6B	3.7B
Total Current Liabilities	4.1B	6.1B	7.3B	7.3B	8.1B	8.6B
Total Stockholder Equity	6.0B	7.0B	7.4B	8.0B	8.5B	8.9B
Property Plant And Equipment Net	3.9B	5.2B	5.2B	5.3B	6.4B	3.8B
Net Debt	5.7B	11.7B	10.5B	10.0B	9.8B	6.5B
Retained Earnings	6.1B	6.7B	7.4B	8.2B	8.8B	9.2B
Cash	1.5B	1.4B	1.4B	1.4B	1.6B	1.6B
Non Current Assets Total	15.2B	22.7B	22.8B	22.6B	24.5B	13.2B
Non Currrent Assets Other	317M	(60M)	251M	295M	592M	391.1M
Cash And Short Term Investments	1.5B	1.5B	1.6B	2.0B	1.7B	1.8B
Net Receivables	1.6B	2.4B	2.7B	2.7B	2.9B	3.0B
Common Stock Shares Outstanding	456M	457M	458M	459M	461M	446.1M
Liabilities And Stockholders Equity	19.2B	29.1B	29.3B	29.3B	31.1B	15.9B
Non Current Liabilities Total	9.1B	11.3B	14.6B	14B	14.0B	9.1B
Inventory	681M	1.2B	1.4B	1.4B	1.6B	1.7B
Other Current Assets	283M	684M	722M	545M	452M	345.8M
Other Stockholder Equity	192M	220M	234M	(260M)	(318M)	(302.1M)
Total Liab	13.2B	21.9B	21.9B	21.3B	22.1B	12.4B
Property Plant And Equipment Gross	3.9B	8.4B	8.8B	9.2B	10.7B	11.2B
Total Current Assets	4.1B	5.8B	6.5B	6.6B	6.6B	7.0B
Accumulated Other Comprehensive Income	(537.0M)	(156.1M)	(505.6M)	(536M)	(625M)	(656.3M)
Short Term Debt	839M	1.4B	1.3B	1.3B	1.2B	727.8M
Intangible Assets	8.4B	12.6B	12.5B	12.4B	12.7B	8.3B
Accounts Payable	1.1B	1.7B	2.2B	2.3B	2.7B	2.8B
Other Liab	2.8B	2.7B	4.0B	3.8B	4.4B	4.6B
Long Term Debt	6.1B	11.3B	10.0B	9.6B	9.4B	5.8B
Property Plant Equipment	4.2B	3.9B	5.2B	5.2B	4.7B	3.8B
Current Deferred Revenue	346.0M	(624M)	(1.4B)	(851M)	(765.9M)	(727.6M)
Good Will	2.5B	4.6B	4.6B	4.5B	4.7B	4.9B
Net Tangible Assets	(4.9B)	(4.9B)	(10.2B)	(9.7B)	(8.7B)	(8.3B)
Short Long Term Debt	709M	1.2B	1.2B	1.2B	1.2B	844.4M

Pair Trading with Coca Cola

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coca Cola position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coca Cola will appreciate offsetting losses from the drop in the long position's value.

Moving against Coca Stock

0.79	SHOTW	Safety Shot	Pair Corr
0.77	PRMB	Primo Brands	Pair Corr
0.75	JZ	Jianzhi Education	Pair Corr
0.68	K	Kellanova Earnings Call This Week	Pair Corr
0.68	BJ	BJs Wholesale Club	Pair Corr

The ability to find closely correlated positions to Coca Cola could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coca Cola when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coca Cola - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coca Cola European Partners to buy it.

The correlation of Coca Cola is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coca Cola moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coca Cola European moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Coca Cola can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Coca Stock Analysis

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.

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