Embotelladora Total Current Assets vs Total Assets Analysis

AKO-B Stock  USD 17.67  0.24  1.34%   
Embotelladora Andina financial indicator trend analysis is much more than just examining Embotelladora Andina latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Embotelladora Andina is a good investment. Please check the relationship between Embotelladora Andina Total Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Embotelladora Andina SA. 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Embotelladora Andina Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Embotelladora Andina's Total Current Assets and Total Assets is 0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Embotelladora Andina SA, assuming nothing else is changed. The correlation between historical values of Embotelladora Andina's Total Current Assets and Total 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 Total Current Assets of Embotelladora Andina SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Embotelladora Andina's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of Embotelladora Andina assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Embotelladora Andina books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Embotelladora Andina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Embotelladora Andina 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 Embotelladora Andina SA. 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.
At present, Embotelladora Andina's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 42.95, whereas Selling General Administrative is forecasted to decline to about 250.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit841.3B1.0T1.0T529.3B
Total Revenue2.2T2.7T2.6T2.7T

Embotelladora Andina fundamental ratios Correlations

0.860.00.70.870.370.950.630.70.690.960.080.680.960.120.460.820.750.160.060.830.560.710.40.880.0
0.860.040.820.650.210.870.810.870.880.790.230.850.790.430.530.990.910.32-0.020.990.760.890.350.72-0.04
0.00.040.07-0.1-0.35-0.070.240.20.22-0.070.360.21-0.060.10.140.070.090.18-0.860.070.120.16-0.09-0.17-1.0
0.70.820.070.470.130.630.770.940.780.580.260.680.680.520.270.750.950.57-0.090.890.90.890.690.49-0.06
0.870.65-0.10.470.550.790.430.470.450.93-0.170.440.87-0.030.30.640.56-0.180.20.620.360.440.220.90.1
0.370.21-0.350.130.550.44-0.3-0.03-0.160.52-0.87-0.150.34-0.14-0.080.170.16-0.460.240.17-0.08-0.080.160.690.35
0.950.87-0.070.630.790.440.510.60.60.93-0.030.620.860.050.470.830.70.140.10.80.470.650.390.90.08
0.630.810.240.770.43-0.30.510.910.950.50.690.870.640.590.440.830.830.49-0.130.850.850.90.230.32-0.24
0.70.870.20.940.47-0.030.60.910.930.580.430.830.70.610.380.840.950.52-0.190.930.930.950.460.44-0.2
0.690.880.220.780.45-0.160.60.950.930.550.540.950.680.560.570.890.840.47-0.20.910.830.940.260.4-0.21
0.960.79-0.070.580.930.520.930.50.580.55-0.080.520.910.050.30.770.67-0.080.170.750.420.540.280.960.07
0.080.230.360.26-0.17-0.87-0.030.690.430.54-0.080.470.080.340.180.260.270.54-0.170.280.420.450.01-0.29-0.36
0.680.850.210.680.44-0.150.620.870.830.950.520.470.680.430.790.850.750.47-0.260.840.760.920.220.37-0.21
0.960.79-0.060.680.870.340.860.640.70.680.910.080.680.140.490.760.730.120.110.780.60.690.350.80.06
0.120.430.10.52-0.03-0.140.050.590.610.560.050.340.430.140.030.480.620.28-0.140.530.720.55-0.09-0.01-0.1
0.460.530.140.270.3-0.080.470.440.380.570.30.180.790.490.030.520.340.34-0.290.460.390.60.080.2-0.14
0.820.990.070.750.640.170.830.830.840.890.770.260.850.760.480.520.880.23-0.020.970.730.860.20.69-0.07
0.750.910.090.950.560.160.70.830.950.840.670.270.750.730.620.340.880.41-0.080.960.920.910.460.57-0.09
0.160.320.180.57-0.18-0.460.140.490.520.47-0.080.540.470.120.280.340.230.41-0.250.370.610.640.64-0.18-0.18
0.06-0.02-0.86-0.090.20.240.1-0.13-0.19-0.20.17-0.17-0.260.11-0.14-0.29-0.02-0.08-0.25-0.05-0.15-0.190.010.230.86
0.830.990.070.890.620.170.80.850.930.910.750.280.840.780.530.460.970.960.37-0.050.840.930.390.66-0.07
0.560.760.120.90.36-0.080.470.850.930.830.420.420.760.60.720.390.730.920.61-0.150.840.920.420.28-0.11
0.710.890.160.890.44-0.080.650.90.950.940.540.450.920.690.550.60.860.910.64-0.190.930.920.470.41-0.16
0.40.35-0.090.690.220.160.390.230.460.260.280.010.220.35-0.090.080.20.460.640.010.390.420.470.270.09
0.880.72-0.170.490.90.690.90.320.440.40.96-0.290.370.8-0.010.20.690.57-0.180.230.660.280.410.270.18
0.0-0.04-1.0-0.060.10.350.08-0.24-0.2-0.210.07-0.36-0.210.06-0.1-0.14-0.07-0.09-0.180.86-0.07-0.11-0.160.090.18
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Embotelladora Andina Account Relationship Matchups

Embotelladora Andina fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4T2.4T2.9T3.0T2.9T1.6T
Short Long Term Debt Total772.4B963.5B1.1T1.1T1.0T1.1T
Other Current Liab15.4B74.1B82.3B111.6B211.6B222.2B
Total Current Liabilities411.7B378.1B529.6B949.2B692.9B727.5B
Total Stockholder Equity948.6B811.2B1.1T855.3B886.3B649.4B
Property Plant And Equipment Net722.7B605.6B716.4B798.2B872.4B651.0B
Net Debt614.8B654.0B770.3B849.5B727.1B400.3B
Retained Earnings600.9B654.2B768.1B717.0B769.3B807.8B
Accounts Payable243.7B269.9B383.1B474.5B428.9B450.4B
Cash157.6B309.5B304.3B291.7B303.7B318.9B
Non Current Assets Total1.9T1.7T2.0T1.8T1.9T1.1T
Non Currrent Assets Other225.4B241.4B71.1B135.6B143.2B150.4B
Cash And Short Term Investments157.6B449.8B499.8B384.5B369.9B388.4B
Net Receivables211.9B206.3B287.2B253.2B267.3B147.7B
Short Term Investments30.1M140.3B195.5B92.8B66.2B61.5B
Liabilities And Stockholders Equity2.4T2.4T2.9T3.0T2.9T1.6T
Non Current Liabilities Total1.0T1.2T1.3T1.2T1.3T1.4T
Inventory147.6B128.0B191.4B245.9B233.1B244.7B
Other Current Assets4.8B56.6B85.9B278.1B111.5B117.1B
Other Stockholder Equity368.0T(119.2B)1.1T(137.9B)(158.6B)(150.6B)
Total Liab1.4T1.6T1.8T2.1T2.0T2.1T
Property Plant And Equipment Gross722.7B605.6B1.7T1.9T2.0T2.1T
Total Current Assets533.5B797.3B991.0B1.2T981.8B1.0T
Accumulated Other Comprehensive Income77.0B(113.7B)37.3B(132.5B)(153.8B)(146.1B)
Short Term Debt29.1B25.2B33.6B348.6B38.9B51.5B
Intangible Assets675.1B604.5B659.6B671.8B695.9B361.6B
Current Deferred Revenue123.5B106.8B152.2B13.3B200.7B190.6B
Good Will121.2B98.3B118.0B129.0B122.1B99.5B
Other Liab267.1B300.2B274.1B385.4B443.2B225.5B
Net Tangible Assets152.4B108.3B298.5B54.5B62.6B86.6B
Other Assets226.7B243.4B1M138.0B158.8B111.2B
Long Term Debt719.9B922.9B1.0T776.7B967.1B708.1B
Long Term Investments210.7B88.0B91.5B92.3B106.1B94.6B
Short Long Term Debt23.0B19.5B25.4B341.5B29.0B27.5B
Property Plant Equipment722.7B605.6B716.4B798.2B918.0B613.2B
Capital Lease Obligations29.5B21.1B24.6B23.0B34.7B22.7B
Non Current Liabilities Other290.5B315.5B290.5B401.3B2.5B2.4B
Net Invested Capital1.7T1.8T2.1T2.0T1.9T2.0T

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Other Information on Investing in Embotelladora Stock

Balance Sheet is a snapshot of the financial position of Embotelladora Andina at a specified time, usually calculated after every quarter, six months, or one year. Embotelladora Andina Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Embotelladora Andina 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 Embotelladora currently owns. An asset can also be divided into two categories, current and non-current.