Coca Long Term Debt vs Total Assets Analysis

CCEP Stock

USD 77.63 0.31 0.40%

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 Long Term Debt and its Total 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

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

The correlation between Coca Cola's Long Term Debt and Total Assets is 0.65. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total 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 Long Term Debt 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 Long Term Debt of Coca Cola European Partners 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 Long Term Debt i.e., Coca Cola's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Coca Cola European has held for over one year. Long-term debt appears on Coca Cola European Partners 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 Coca Cola European Partners 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.

Total Assets

Total assets refers to the total amount of Coca Cola 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 Coca Cola European 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 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 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while Tax Provision is likely to drop slightly above 365.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	5.2B	6.2B	6.7B	4.2B
Total Revenue	13.8B	17.3B	18.3B	10.8B

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	0.71	1.0	0.04	0.7	0.92	0.84	0.97	0.86	0.85	-0.48	0.99	0.85	0.85	0.89	0.91	0.83	0.4	-0.37
Short Long Term Debt Total	0.97		0.85	0.88	0.8	0.93	0.99	0.79	0.77	0.96	0.19	0.76	0.87	0.72	0.95	0.88	0.92	-0.49	0.99	0.88	0.88	0.93	0.82	0.84	0.35	-0.32
Other Current Liab	0.84	0.85		0.96	0.86	0.86	0.86	0.88	0.74	0.84	0.01	0.81	0.76	0.72	0.88	0.95	0.75	-0.65	0.86	0.93	0.94	0.84	0.77	0.93	0.42	-0.4
Total Current Liabilities	0.86	0.88	0.96		0.88	0.88	0.89	0.88	0.83	0.86	0.2	0.89	0.75	0.75	0.92	1.0	0.8	-0.57	0.89	0.98	0.99	0.85	0.75	0.99	0.41	-0.39
Total Stockholder Equity	0.88	0.8	0.86	0.88		0.93	0.82	0.98	0.68	0.9	-0.09	0.71	0.76	0.94	0.89	0.88	0.63	-0.46	0.84	0.86	0.86	0.71	0.92	0.87	0.36	-0.33
Property Plant And Equipment Net	0.98	0.93	0.86	0.88	0.93		0.94	0.93	0.68	0.99	-0.01	0.68	0.92	0.89	0.97	0.87	0.77	-0.53	0.96	0.85	0.85	0.86	0.93	0.84	0.47	-0.44
Net Debt	0.97	0.99	0.86	0.89	0.82	0.94		0.81	0.72	0.96	0.17	0.73	0.88	0.72	0.95	0.89	0.89	-0.53	0.99	0.89	0.87	0.93	0.84	0.85	0.34	-0.32
Retained Earnings	0.87	0.79	0.88	0.88	0.98	0.93	0.81		0.62	0.89	-0.09	0.66	0.79	0.91	0.89	0.87	0.58	-0.62	0.83	0.84	0.84	0.72	0.92	0.86	0.42	-0.39
Cash	0.71	0.77	0.74	0.83	0.68	0.68	0.72	0.62		0.68	0.33	0.98	0.5	0.59	0.74	0.82	0.81	-0.26	0.75	0.83	0.88	0.73	0.49	0.82	0.32	-0.31
Non Current Assets Total	1.0	0.96	0.84	0.86	0.9	0.99	0.96	0.89	0.68		0.02	0.68	0.91	0.86	0.97	0.86	0.82	-0.49	0.98	0.84	0.84	0.87	0.93	0.83	0.38	-0.35
Non Currrent Assets Other	0.04	0.19	0.01	0.2	-0.09	-0.01	0.17	-0.09	0.33	0.02		0.33	-0.09	-0.19	0.14	0.21	0.25	-0.04	0.13	0.22	0.2	0.2	-0.26	0.22	-0.14	0.14
Cash And Short Term Investments	0.7	0.76	0.81	0.89	0.71	0.68	0.73	0.66	0.98	0.68	0.33		0.51	0.58	0.76	0.88	0.79	-0.33	0.75	0.89	0.93	0.72	0.51	0.89	0.3	-0.29
Net Receivables	0.92	0.87	0.76	0.75	0.76	0.92	0.88	0.79	0.5	0.91	-0.09	0.51		0.74	0.9	0.75	0.71	-0.58	0.91	0.72	0.74	0.82	0.87	0.69	0.61	-0.59
Common Stock Shares Outstanding	0.84	0.72	0.72	0.75	0.94	0.89	0.72	0.91	0.59	0.86	-0.19	0.58	0.74		0.81	0.74	0.56	-0.37	0.78	0.71	0.72	0.59	0.9	0.73	0.43	-0.41
Non Current Liabilities Total	0.97	0.95	0.88	0.92	0.89	0.97	0.95	0.89	0.74	0.97	0.14	0.76	0.9	0.81		0.92	0.83	-0.55	0.97	0.89	0.9	0.88	0.88	0.9	0.4	-0.37
Inventory	0.86	0.88	0.95	1.0	0.88	0.87	0.89	0.87	0.82	0.86	0.21	0.88	0.75	0.74	0.92		0.81	-0.55	0.89	0.99	0.99	0.83	0.75	0.99	0.39	-0.37
Other Current Assets	0.85	0.92	0.75	0.8	0.63	0.77	0.89	0.58	0.81	0.82	0.25	0.79	0.71	0.56	0.83	0.81		-0.27	0.9	0.83	0.83	0.82	0.64	0.79	0.25	-0.24
Other Stockholder Equity	-0.48	-0.49	-0.65	-0.57	-0.46	-0.53	-0.53	-0.62	-0.26	-0.49	-0.04	-0.33	-0.58	-0.37	-0.55	-0.55	-0.27		-0.51	-0.48	-0.51	-0.55	-0.5	-0.5	-0.49	0.47
Total Liab	0.99	0.99	0.86	0.89	0.84	0.96	0.99	0.83	0.75	0.98	0.13	0.75	0.91	0.78	0.97	0.89	0.9	-0.51		0.88	0.88	0.92	0.86	0.86	0.4	-0.38
Property Plant And Equipment Gross	0.85	0.88	0.93	0.98	0.86	0.85	0.89	0.84	0.83	0.84	0.22	0.89	0.72	0.71	0.89	0.99	0.83	-0.48	0.88		0.98	0.82	0.73	0.99	0.33	-0.31
Total Current Assets	0.85	0.88	0.94	0.99	0.86	0.85	0.87	0.84	0.88	0.84	0.2	0.93	0.74	0.72	0.9	0.99	0.83	-0.51	0.88	0.98		0.82	0.72	0.97	0.44	-0.43
Short Term Debt	0.89	0.93	0.84	0.85	0.71	0.86	0.93	0.72	0.73	0.87	0.2	0.72	0.82	0.59	0.88	0.83	0.82	-0.55	0.92	0.82	0.82		0.7	0.78	0.35	-0.33
Intangible Assets	0.91	0.82	0.77	0.75	0.92	0.93	0.84	0.92	0.49	0.93	-0.26	0.51	0.87	0.9	0.88	0.75	0.64	-0.5	0.86	0.73	0.72	0.7		0.73	0.37	-0.34
Accounts Payable	0.83	0.84	0.93	0.99	0.87	0.84	0.85	0.86	0.82	0.83	0.22	0.89	0.69	0.73	0.9	0.99	0.79	-0.5	0.86	0.99	0.97	0.78	0.73		0.3	-0.28
Common Stock	0.4	0.35	0.42	0.41	0.36	0.47	0.34	0.42	0.32	0.38	-0.14	0.3	0.61	0.43	0.4	0.39	0.25	-0.49	0.4	0.33	0.44	0.35	0.37	0.3		-1.0
Common Stock Total Equity	-0.37	-0.32	-0.4	-0.39	-0.33	-0.44	-0.32	-0.39	-0.31	-0.35	0.14	-0.29	-0.59	-0.41	-0.37	-0.37	-0.24	0.47	-0.38	-0.31	-0.43	-0.33	-0.34	-0.28	-1.0

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Coca Cola Account Relationship Matchups

Coca Cola fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.7B	19.2B	29.1B	29.3B	29.3B	15.4B
Short Long Term Debt Total	6.4B	7.2B	13.1B	11.9B	11.4B	6.7B
Other Current Liab	1.8B	1.8B	2.7B	3.3B	3.1B	3.3B
Total Current Liabilities	4.1B	4.1B	6.1B	7.3B	7.3B	7.6B
Total Stockholder Equity	6.2B	6.0B	7.0B	7.4B	8.0B	8.4B
Property Plant And Equipment Net	4.2B	3.9B	5.2B	5.2B	5.3B	3.7B
Net Debt	6.1B	5.7B	11.7B	10.5B	10.0B	6.4B
Retained Earnings	6.4B	6.1B	6.7B	7.4B	8.2B	8.6B
Cash	316.0M	1.5B	1.4B	1.4B	1.4B	1.5B
Non Current Assets Total	15.6B	15.2B	22.7B	22.8B	22.6B	12.8B
Non Currrent Assets Other	321.0M	317M	(60M)	251M	295M	309.8M
Cash And Short Term Investments	316.0M	1.5B	1.5B	1.6B	2.0B	2.1B
Net Receivables	2.0B	1.6B	2.4B	2.7B	2.7B	1.4B
Common Stock Shares Outstanding	469M	456M	457M	458M	459M	444.5M
Liabilities And Stockholders Equity	18.7B	19.2B	29.1B	29.3B	29.3B	15.4B
Non Current Liabilities Total	8.4B	9.1B	11.3B	14.6B	14B	9.0B
Inventory	723.0M	681M	1.2B	1.4B	1.4B	1.4B
Other Current Assets	95.0M	283M	684M	722M	545M	277.5M
Other Stockholder Equity	178.0M	192M	220M	234M	(260M)	(247M)
Total Liab	12.5B	13.2B	21.9B	21.9B	21.3B	12.1B
Property Plant And Equipment Gross	4.2B	3.9B	8.4B	8.8B	9.2B	9.7B
Total Current Assets	3.1B	4.1B	5.8B	6.5B	6.6B	6.9B
Accumulated Other Comprehensive Income	(449.0M)	(537.0M)	(156.1M)	(505.6M)	(536M)	(562.8M)
Short Term Debt	799.0M	839M	1.4B	1.3B	1.3B	717.5M
Intangible Assets	8.5B	8.4B	12.6B	12.5B	12.4B	8.4B
Accounts Payable	1.1B	1.1B	1.7B	2.2B	2.3B	2.4B
Other Liab	2.8B	2.7B	4.0B	3.8B	4.4B	4.6B
Long Term Debt	5.3B	6.1B	11.3B	10.0B	9.6B	5.7B
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	2.5B	4.6B	4.6B	4.5B	4.7B
Short Term Investments	30.0M	0.0	58M	256M	568M	596.4M
Net Tangible Assets	(4.9B)	(4.9B)	(10.2B)	(9.7B)	(8.7B)	(8.3B)
Short Long Term Debt	688M	709M	1.2B	1.2B	1.2B	793.5M

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

0.68	WTER	Alkaline Water	Pair Corr
0.57	JZ	Jianzhi Education	Pair Corr
0.54	IH	Ihuman Inc	Pair Corr
0.5	PRMB	Primo Brands	Pair Corr
0.49	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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