Coca Depreciation And Amortization vs Net Income From Continuing Ops Analysis

KO Stock  USD 62.57  0.27  0.43%   
Coca Cola financial indicator trend analysis is way more than just evaluating Coca Cola prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coca Cola is a good investment. Please check the relationship between Coca Cola Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coca Cola Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Coca Cola's Depreciation And Amortization and Net Income From Continuing Ops is 0.45. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of The Coca Cola, assuming nothing else is changed. The correlation between historical values of Coca Cola's Depreciation And Amortization and Net Income From Continuing Ops 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 The Coca Cola are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Coca Cola's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Income From Continuing Ops

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 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Coca Cola's Issuance Of Capital Stock is very stable compared to the past year. As of the 26th of December 2024, Enterprise Value is likely to grow to about 105.7 B, while Selling General Administrative is likely to drop about 241.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit23.3B25.0B27.2B18.0B
Total Revenue38.7B43.0B45.8B28.7B

Coca Cola fundamental ratios Correlations

0.910.330.650.630.60.810.830.620.950.20.570.66-0.960.810.840.63-0.890.960.630.330.790.380.80.610.35
0.910.10.650.380.410.970.820.430.830.280.630.51-0.950.840.640.41-0.970.970.660.370.480.290.670.330.52
0.330.1-0.330.14-0.05-0.010.150.310.50.51-0.34-0.08-0.290.50.640.84-0.210.29-0.26-0.610.54-0.220.640.58-0.56
0.650.65-0.330.710.770.580.720.650.46-0.340.880.87-0.570.20.28-0.03-0.560.570.890.870.430.620.210.350.68
0.630.380.140.710.940.220.630.840.51-0.410.660.91-0.430.150.450.33-0.30.410.70.530.830.560.330.740.3
0.60.41-0.050.770.940.270.620.790.48-0.470.690.95-0.450.110.330.14-0.310.40.690.660.710.580.270.540.36
0.810.97-0.010.580.220.270.760.240.740.320.580.37-0.870.820.530.3-0.950.920.610.320.310.230.590.190.57
0.830.820.150.720.630.620.760.710.790.240.650.68-0.750.70.590.45-0.840.820.70.320.580.350.660.650.35
0.620.430.310.650.840.790.240.710.57-0.140.560.83-0.480.280.470.44-0.410.470.590.390.730.410.460.740.08
0.950.830.50.460.510.480.740.790.570.450.30.51-0.930.880.910.75-0.880.930.380.080.780.240.950.650.06
0.20.280.51-0.34-0.41-0.470.320.24-0.140.45-0.49-0.42-0.310.660.470.53-0.470.39-0.42-0.64-0.02-0.340.660.17-0.5
0.570.63-0.340.880.660.690.580.650.560.3-0.490.76-0.470.180.1-0.08-0.480.50.980.80.340.520.010.250.87
0.660.51-0.080.870.910.950.370.680.830.51-0.420.76-0.530.160.360.12-0.420.480.790.740.670.690.290.520.43
-0.96-0.95-0.29-0.57-0.43-0.45-0.87-0.75-0.48-0.93-0.31-0.47-0.53-0.86-0.81-0.570.94-0.98-0.53-0.29-0.64-0.3-0.81-0.41-0.32
0.810.840.50.20.150.110.820.70.280.880.660.180.16-0.860.760.72-0.910.910.26-0.190.48-0.010.860.430.08
0.840.640.640.280.450.330.530.590.470.910.470.10.36-0.810.760.83-0.720.790.2-0.060.790.170.910.66-0.12
0.630.410.84-0.030.330.140.30.450.440.750.53-0.080.12-0.570.720.83-0.50.590.02-0.420.74-0.10.830.78-0.32
-0.89-0.97-0.21-0.56-0.3-0.31-0.95-0.84-0.41-0.88-0.47-0.48-0.420.94-0.91-0.72-0.5-0.98-0.53-0.21-0.46-0.22-0.78-0.38-0.35
0.960.970.290.570.410.40.920.820.470.930.390.50.48-0.980.910.790.59-0.980.560.230.610.260.810.470.35
0.630.66-0.260.890.70.690.610.70.590.38-0.420.980.79-0.530.260.20.02-0.530.560.740.420.530.090.340.82
0.330.37-0.610.870.530.660.320.320.390.08-0.640.80.74-0.29-0.19-0.06-0.42-0.210.230.740.160.6-0.18-0.050.73
0.790.480.540.430.830.710.310.580.730.78-0.020.340.67-0.640.480.790.74-0.460.610.420.160.350.70.850.02
0.380.29-0.220.620.560.580.230.350.410.24-0.340.520.69-0.3-0.010.17-0.1-0.220.260.530.60.350.070.220.38
0.80.670.640.210.330.270.590.660.460.950.660.010.29-0.810.860.910.83-0.780.810.09-0.180.70.070.64-0.23
0.610.330.580.350.740.540.190.650.740.650.170.250.52-0.410.430.660.78-0.380.470.34-0.050.850.220.64-0.13
0.350.52-0.560.680.30.360.570.350.080.06-0.50.870.43-0.320.08-0.12-0.32-0.350.350.820.730.020.38-0.23-0.13
Click cells to compare fundamentals

Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.4B87.3B94.4B92.8B97.7B102.6B
Short Long Term Debt Total42.8B42.8B42.8B39.1B42.1B44.2B
Other Current Liab414M7.3B10.0B10.4B9.9B10.4B
Total Current Liabilities27.0B14.6B20.0B19.7B23.6B14.9B
Total Stockholder Equity19.0B19.3B23.0B24.1B25.9B16.7B
Property Plant And Equipment Net10.8B10.8B9.9B9.8B9.2B7.8B
Net Debt36.3B36.0B33.1B29.6B32.7B34.3B
Retained Earnings65.8B66.6B69.1B71.0B73.8B37.9B
Cash6.5B6.8B9.7B9.5B9.4B5.1B
Non Current Assets Total66.0B68.1B71.8B70.2B71.0B74.5B
Non Currrent Assets Other6.1B6.2B6.7B6.2B7.2B4.7B
Cash And Short Term Investments11.2B10.9B12.6B11.6B13.7B8.0B
Net Receivables4.0B3.1B3.5B3.5B3.4B2.8B
Common Stock Shares Outstanding4.3B4.3B4.3B4.4B4.3B3.9B
Liabilities And Stockholders Equity86.4B87.3B94.4B92.8B97.7B102.6B
Non Current Liabilities Total38.3B51.4B49.5B47.2B46.7B49.0B
Inventory3.4B3.3B3.4B4.2B4.4B4.6B
Other Current Assets1.9B3.8B6.0B6.5B5.2B5.5B
Other Stockholder Equity(35.1B)(34.4B)(33.5B)(33.8B)(35.3B)(33.6B)
Total Liab65.3B66.0B69.5B66.9B70.2B73.7B
Total Current Assets20.4B19.2B22.5B22.6B26.7B15.6B
Short Term Debt15.2B3.0B4.6B2.8B6.5B7.4B
Intangible Assets10.0B11.0B15.3B14.8B14.9B15.6B
Accounts Payable11.3B3.5B4.6B5.3B5.6B5.2B
Good Will16.8B17.5B19.4B18.8B18.4B19.3B
Property Plant And Equipment Gross10.8B10.8B18.9B19.1B18.5B10.3B
Accumulated Other Comprehensive Income(13.5B)(14.6B)(14.3B)(14.9B)(14.3B)(13.6B)
Short Term Investments4.7B4.1B2.9B2.1B4.3B4.3B
Other Liab9.7B11.3B11.4B8.0B9.3B5.9B
Other Assets5.3B36.8B8.9B7.9B9.1B5.6B
Long Term Debt27.5B40.1B38.1B36.4B35.5B18.1B
Treasury Stock(52.2B)(52.0B)(51.6B)(52.6B)(47.3B)(49.7B)
Property Plant Equipment10.8B10.8B9.9B9.8B11.3B10.5B
Net Tangible Assets(7.2B)(8.6B)(11.6B)(9.5B)(8.6B)(8.1B)
Noncontrolling Interest In Consolidated Entity2.1B2.0B1.9B1.7B2.0B1.1B
Retained Earnings Total Equity65.9B66.6B69.1B71.0B81.7B67.1B

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 together with Coca Stock

  0.96KDP Keurig Dr PepperPairCorr
  0.93KOF Coca Cola FemsaPairCorr

Moving against Coca Stock

  0.78STKL SunOptaPairCorr
  0.73ZVIA Zevia Pbc Buyout TrendPairCorr
  0.73PRMB Primo BrandsPairCorr
  0.7WTER Alkaline WaterPairCorr
  0.5FIZZ National Beverage CorpPairCorr
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 The Coca Cola 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 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 CorrelationCorrelation Matching
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Coca Cola. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Soft Drinks & Non-alcoholic Beverages 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 Coca Cola. If investors know Coca 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 Coca Cola 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
(0.07)
Dividend Share
1.915
Earnings Share
2.41
Revenue Per Share
10.753
Quarterly Revenue Growth
(0.01)
The market value of Coca Cola is measured differently than its book value, which is the value of Coca that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola'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 Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola'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 Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola'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.