Credicorp Total Stockholder Equity vs Net Invested Capital Analysis

BAP Stock

USD 191.29 1.40 0.73%

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

To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credicorp Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Credicorp's Total Stockholder Equity and Net Invested Capital is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Credicorp, assuming nothing else is changed. The correlation between historical values of Credicorp's Total Stockholder Equity and Net Invested Capital 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 Stockholder Equity of Credicorp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Credicorp's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.At this time, Credicorp's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Enterprise Value is likely to grow to about 39.1 B, while Tax Provision is likely to drop slightly above 1.5 B.

	2021	2022	2023	2024 (projected)
Interest Expense	2.5B	3.5B	5.9B	6.2B
Depreciation And Amortization	690.6M	643.6M	667.1M	357.1M

Interest Expense Depreciation And Amortization

Credicorp 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	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Current Assets	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.59	-0.55	-0.34	0.96	0.62	-0.61	0.6	-0.64	-0.14	0.14	-0.39	0.49	0.97	1.0	0.72	0.12	0.87	0.79	0.59	0.96	0.85	-0.12	0.92	-0.53	0.91
Short Long Term Debt Total	0.59		-0.83	-0.71	0.49	0.84	-0.06	0.36	-0.39	0.28	0.67	0.19	0.02	0.45	0.6	0.23	0.66	0.64	0.75	0.04	0.6	0.23	0.34	0.42	-0.19	0.33
Other Current Liab	-0.55	-0.83		0.96	-0.46	-0.68	0.14	-0.4	0.39	-0.37	-0.67	-0.04	0.07	-0.4	-0.56	-0.17	-0.66	-0.42	-0.64	0.04	-0.53	-0.19	-0.38	-0.3	-0.06	-0.33
Total Current Liabilities	-0.34	-0.71	0.96		-0.25	-0.55	0.02	-0.25	0.22	-0.4	-0.65	-0.1	0.18	-0.18	-0.35	0.03	-0.64	-0.2	-0.46	0.16	-0.31	0.02	-0.45	-0.06	-0.27	-0.09
Total Stockholder Equity	0.96	0.49	-0.46	-0.25		0.53	-0.49	0.74	-0.6	-0.26	0.02	-0.46	0.6	0.99	0.95	0.73	0.0	0.87	0.64	0.69	0.88	0.87	-0.13	0.86	-0.58	0.91
Property Plant And Equipment Net	0.62	0.84	-0.68	-0.55	0.53		-0.28	0.23	-0.47	0.2	0.58	0.1	0.07	0.52	0.63	0.37	0.57	0.6	0.79	0.11	0.67	0.47	0.26	0.57	-0.19	0.43
Net Debt	-0.61	-0.06	0.14	0.02	-0.49	-0.28		-0.03	0.39	0.08	0.08	0.17	-0.22	-0.56	-0.63	-0.51	0.09	-0.43	-0.68	-0.33	-0.65	-0.69	0.34	-0.7	0.23	-0.62
Retained Earnings	0.6	0.36	-0.4	-0.25	0.74	0.23	-0.03		-0.2	-0.2	0.0	-0.36	0.46	0.66	0.58	0.49	-0.01	0.67	0.28	0.49	0.42	0.47	-0.13	0.37	-0.48	0.56
Non Currrent Assets Other	-0.64	-0.39	0.39	0.22	-0.6	-0.47	0.39	-0.2		0.3	-0.01	0.32	-0.53	-0.59	-0.64	-0.66	0.0	-0.39	-0.49	-0.52	-0.67	-0.49	-0.06	-0.68	0.27	-0.61
Other Assets	-0.14	0.28	-0.37	-0.4	-0.26	0.2	0.08	-0.2	0.3		0.83	0.61	-0.92	-0.28	-0.12	-0.62	0.84	-0.14	0.18	-0.88	-0.12	-0.29	0.61	-0.22	-0.01	-0.2
Common Stock Total Equity	0.14	0.67	-0.67	-0.65	0.02	0.58	0.08	0.0	-0.01	0.83		0.52	-0.64	-0.02	0.16	-0.34	1.0	0.15	0.44	-0.61	0.15	-0.16	0.66	-0.01	-0.05	-0.03
Common Stock Shares Outstanding	-0.39	0.19	-0.04	-0.1	-0.46	0.1	0.17	-0.36	0.32	0.61	0.52		-0.71	-0.46	-0.37	-0.58	0.55	-0.1	0.1	-0.7	-0.34	-0.39	0.37	-0.37	0.14	-0.37
Non Current Liabilities Total	0.49	0.02	0.07	0.18	0.6	0.07	-0.22	0.46	-0.53	-0.92	-0.64	-0.71		0.6	0.47	0.81	-0.65	0.44	0.12	0.98	0.44	0.52	-0.52	0.5	-0.22	0.49
Other Stockholder Equity	0.97	0.45	-0.4	-0.18	0.99	0.52	-0.56	0.66	-0.59	-0.28	-0.02	-0.46	0.6		0.96	0.75	-0.04	0.87	0.65	0.7	0.9	0.91	-0.19	0.9	-0.59	0.93
Total Liab	1.0	0.6	-0.56	-0.35	0.95	0.63	-0.63	0.58	-0.64	-0.12	0.16	-0.37	0.47	0.96		0.71	0.14	0.86	0.8	0.57	0.96	0.85	-0.12	0.92	-0.52	0.91
Property Plant And Equipment Gross	0.72	0.23	-0.17	0.03	0.73	0.37	-0.51	0.49	-0.66	-0.62	-0.34	-0.58	0.81	0.75	0.71		-0.35	0.62	0.48	0.83	0.7	0.74	-0.61	0.76	-0.28	0.78
Common Stock	0.12	0.66	-0.66	-0.64	0.0	0.57	0.09	-0.01	0.0	0.84	1.0	0.55	-0.65	-0.04	0.14	-0.35		0.14	0.44	-0.63	0.14	-0.17	0.66	-0.03	-0.05	-0.05
Accounts Payable	0.87	0.64	-0.42	-0.2	0.87	0.6	-0.43	0.67	-0.39	-0.14	0.15	-0.1	0.44	0.87	0.86	0.62	0.14		0.76	0.53	0.82	0.77	-0.21	0.79	-0.57	0.8
Cash	0.79	0.75	-0.64	-0.46	0.64	0.79	-0.68	0.28	-0.49	0.18	0.44	0.1	0.12	0.65	0.8	0.48	0.44	0.76		0.21	0.82	0.59	-0.01	0.73	-0.32	0.63
Non Current Assets Total	0.59	0.04	0.04	0.16	0.69	0.11	-0.33	0.49	-0.52	-0.88	-0.61	-0.7	0.98	0.7	0.57	0.83	-0.63	0.53	0.21		0.53	0.63	-0.55	0.6	-0.28	0.59
Cash And Short Term Investments	0.96	0.6	-0.53	-0.31	0.88	0.67	-0.65	0.42	-0.67	-0.12	0.15	-0.34	0.44	0.9	0.96	0.7	0.14	0.82	0.82	0.53		0.83	-0.14	0.96	-0.41	0.87
Net Receivables	0.85	0.23	-0.19	0.02	0.87	0.47	-0.69	0.47	-0.49	-0.29	-0.16	-0.39	0.52	0.91	0.85	0.74	-0.17	0.77	0.59	0.63	0.83		-0.35	0.91	-0.5	0.92
Other Current Assets	-0.12	0.34	-0.38	-0.45	-0.13	0.26	0.34	-0.13	-0.06	0.61	0.66	0.37	-0.52	-0.19	-0.12	-0.61	0.66	-0.21	-0.01	-0.55	-0.14	-0.35		-0.25	-0.11	-0.33
Total Current Assets	0.92	0.42	-0.3	-0.06	0.86	0.57	-0.7	0.37	-0.68	-0.22	-0.01	-0.37	0.5	0.9	0.92	0.76	-0.03	0.79	0.73	0.6	0.96	0.91	-0.25		-0.5	0.91
Short Term Debt	-0.53	-0.19	-0.06	-0.27	-0.58	-0.19	0.23	-0.48	0.27	-0.01	-0.05	0.14	-0.22	-0.59	-0.52	-0.28	-0.05	-0.57	-0.32	-0.28	-0.41	-0.5	-0.11	-0.5		-0.53
Other Liab	0.91	0.33	-0.33	-0.09	0.91	0.43	-0.62	0.56	-0.61	-0.2	-0.03	-0.37	0.49	0.93	0.91	0.78	-0.05	0.8	0.63	0.59	0.87	0.92	-0.33	0.91	-0.53

Click cells to compare fundamentals

Credicorp Account Relationship Matchups

Credicorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	187.9B	237.4B	244.8B	236.8B	238.8B	250.8B
Short Long Term Debt Total	24.5B	25.9B	24.8B	26.4B	26.8B	14.8B
Other Current Liab	(2.4B)	(2.3B)	(3.3B)	(2.8B)	1.4B	2.4B
Total Current Liabilities	2.4B	2.3B	3.5B	1.5B	6.1B	6.5B
Total Stockholder Equity	26.2B	24.9B	26.5B	29.0B	32.5B	34.1B
Property Plant And Equipment Net	2.4B	2.2B	2.0B	1.9B	2.0B	1.5B
Net Debt	(1.5B)	(13.8B)	(14.5B)	(8.1B)	(7.1B)	(6.7B)
Retained Earnings	4.4B	347.2M	3.6B	4.6B	4.6B	4.8B
Non Currrent Assets Other	(39.7B)	(57.7B)	(51.1B)	3.4B	(52.4B)	(49.8B)
Other Assets	84.5B	89.2B	106.7B	118.1B	(120.0B)	(114.0B)
Common Stock Shares Outstanding	79.7M	79.6M	79.7M	79.7M	79.7M	64.3M
Liabilities And Stockholders Equity	187.9B	237.4B	244.8B	236.8B	238.8B	250.8B
Non Current Liabilities Total	24.6B	23.0B	24.9B	1.5B	203.2B	213.4B
Other Stockholder Equity	19.5B	21.4B	21.8B	23.7B	26.6B	27.9B
Total Liab	161.1B	212.0B	217.8B	207.2B	205.7B	216.0B
Property Plant And Equipment Gross	2.4B	2.1B	4.5B	1.8B	4.8B	5.0B
Accumulated Other Comprehensive Income	1.1B	1.9B	235.9M	(650.1M)	26.5B	27.9B
Accounts Payable	2.4B	2.3B	2.9B	3.8B	4.0B	2.3B
Cash	26.0B	36.7B	39.3B	34.1B	33.9B	19.7B
Non Current Assets Total	39.7B	57.7B	51.1B	51.7B	279.3B	293.3B
Cash And Short Term Investments	52.2B	79.5B	73.7B	65.0B	66.6B	70.0B
Net Receivables	11.5B	11.0B	12.1B	12.0B	12.5B	13.1B
Other Current Assets	96.6B	95.6B	437.0M	29.8B	348.6M	331.1M
Total Current Assets	63.7B	90.5B	87.0B	67.0B	79.5B	83.4B
Other Liab	11.4B	13.3B	20.3B	13.7B	15.8B	16.6B
Long Term Debt	23.6B	22.3B	24.2B	25.9B	26.2B	27.6B
Good Will	886.0M	820.9M	796.9M	772.2M	798.5M	489.0M
Short Term Investments	26.2B	42.7B	34.4B	29.7B	32.8B	34.4B
Treasury Stock	(208.0M)	(207.8M)	(208.4M)	(207.5M)	(186.8M)	(177.4M)
Intangible Assets	1.7B	1.8B	1.9B	2.1B	2.4B	2.5B
Property Plant Equipment	2.3B	2.1B	1.9B	2.4B	2.7B	2.9B
Inventory	143.3M	135.1M	136.1M	136.1M	348.6M	366.0M
Net Tangible Assets	23.7B	22.3B	23.8B	26.1B	30.0B	21.0B
Deferred Long Term Liab	1.2B	1.1B	1.0B	1.0B	1.2B	772.8M
Long Term Investments	31.6B	56.6B	50.6B	46.9B	47.2B	36.9B
Long Term Debt Total	23.6B	22.8B	24.2B	25.9B	29.7B	26.3B

Pair Trading with Credicorp

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 Credicorp 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 Credicorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Credicorp Stock

0.68	KB	KB Financial Group	Pair Corr
0.61	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Credicorp Stock

0.54	TFC-PO	Truist Financial	Pair Corr
0.44	TFC-PR	Truist Financial	Pair Corr
0.36	CFG-PE	Citizens Financial	Pair Corr

The ability to find closely correlated positions to Credicorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credicorp 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 Credicorp - 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 Credicorp to buy it.

The correlation of Credicorp 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 Credicorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credicorp 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 Credicorp 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 Credicorp Stock Analysis

When running Credicorp's price analysis, check to measure Credicorp'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 Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.

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