Bancolombia Change To Account Receivables vs Net Income Analysis
CIB Stock | USD 31.89 0.33 1.05% |
Bancolombia financial indicator trend analysis is way more than just evaluating Bancolombia SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bancolombia SA ADR is a good investment. Please check the relationship between Bancolombia Change To Account Receivables and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Change To Account Receivables vs Net Income
Change To Account Receivables vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bancolombia SA ADR Change To Account Receivables account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bancolombia's Change To Account Receivables and Net Income is 0.19. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Income in the same time period over historical financial statements of Bancolombia SA ADR, assuming nothing else is changed. The correlation between historical values of Bancolombia's Change To Account Receivables and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Bancolombia SA ADR are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Account Receivables i.e., Bancolombia's Change To Account Receivables and Net Income go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Account Receivables
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Bancolombia SA ADR financial statement analysis. It represents the amount of money remaining after all of Bancolombia SA ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Bancolombia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bancolombia SA ADR 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 Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Bancolombia's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.71, whereas Tax Provision is forecasted to decline to about 1.4 T.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.4T | 8.4T | 16.7T | 17.5T | Depreciation And Amortization | 855.2B | 949.4B | 1.1T | 1.1T |
Bancolombia fundamental ratios Correlations
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Bancolombia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bancolombia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 236.1T | 255.6T | 289.9T | 352.8T | 342.9T | 360.1T | |
Short Long Term Debt Total | 35.7T | 32.1T | 32.8T | 41.2T | 33.7T | 19.6T | |
Total Current Liabilities | 3.5T | 3.2T | 4.0T | 6.0T | 634.6B | 602.9B | |
Total Stockholder Equity | 26.9T | 26.5T | 32.2T | 39.1T | 38.1T | 40.0T | |
Property Plant And Equipment Net | 5.5T | 6.0T | 6.8T | 8.6T | 8.2T | 8.6T | |
Net Debt | 17.5T | 12.0T | 8.3T | 16.4T | 1.8T | 1.7T | |
Retained Earnings | 7.8T | 4.2T | 7.4T | 10.1T | 8.6T | 5.9T | |
Accounts Payable | 3.5T | 3.2T | 4.0T | 6.0T | 6.5T | 6.8T | |
Cash | 18.3T | 20.2T | 23.1T | 24.7T | 32.0T | 33.6T | |
Non Current Assets Total | 31.9T | 45.5T | 47.4T | 49.8T | 300.1T | 315.1T | |
Non Currrent Assets Other | (401.0B) | (675.3B) | (746.4B) | (764.6B) | 273.5T | 287.2T | |
Other Assets | 185.1T | 188.6T | 217.6T | 277.2T | (33.7T) | (32.1T) | |
Cash And Short Term Investments | 18.3T | 20.2T | 23.1T | 24.7T | (28.0T) | (26.6T) | |
Net Receivables | 802.1B | 1.2T | 1.6T | 1.1T | 28.4T | 29.9T | |
Liabilities And Stockholders Equity | 236.1T | 255.6T | 289.9T | 352.8T | 342.9T | 360.1T | |
Non Current Liabilities Total | 38.2T | 34.0T | 33.4T | 6.0T | 303.2T | 318.4T | |
Total Liab | 207.3T | 227.5T | 255.9T | 312.8T | 303.9T | 319.1T | |
Property Plant And Equipment Gross | 5.6T | 6.0T | 6.8T | 8.6T | 11.6T | 12.2T | |
Total Current Assets | 19.1T | 21.4T | 24.8T | 25.8T | 42.8T | 44.9T | |
Accumulated Other Comprehensive Income | 13.7T | 17.0T | 19.5T | 23.7T | 24.1T | 25.3T | |
Short Term Debt | 1.6T | 2.4T | 8.6T | 1.9T | 470.3B | 446.8B | |
Other Liab | 6.1T | 8.2T | 9.6T | 13.3T | 15.3T | 16.0T | |
Long Term Debt | 24.6T | 30.3T | 29.6T | 39.3T | 30.3T | 31.8T | |
Good Will | 6.7T | 7.0T | 8.1T | 9.8T | 7.8T | 8.2T | |
Short Term Investments | 3.0T | 322.2B | 850.7B | (59.9T) | (53.9T) | (51.2T) | |
Inventory | (26.9T) | (25.8T) | (29.5T) | 608.4B | (474.0B) | (497.7B) | |
Intangible Assets | 539.0B | 495.6B | 485.6B | 602.5B | 671.6B | 705.2B | |
Property Plant Equipment | 5.5T | 6.0T | 6.8T | 8.6T | 9.8T | 10.3T | |
Other Current Liab | (1.6T) | (2.4T) | (8.7T) | (252.9T) | 164.3B | 172.6B | |
Current Deferred Revenue | 34.3B | 24.9B | 77.1B | 251.0T | (6.5T) | (6.1T) | |
Other Current Assets | 26.9T | 25.8T | 29.5T | (608.4B) | 42.8T | 30.2T | |
Net Tangible Assets | 19.7T | 19.0T | 23.6T | 28.6T | 32.9T | 19.0T | |
Long Term Investments | 20.0T | 32.1T | 32.0T | 30.9T | 29.6T | 21.2T | |
Long Term Debt Total | 26.4T | 27.5T | 24.2T | 30.5T | 35.1T | 28.4T |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified Banks 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 Bancolombia. If investors know Bancolombia 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 Bancolombia 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 0.006 | Earnings Share 5.81 | Revenue Per Share 22.5 K | Quarterly Revenue Growth 0.056 | Return On Assets 0.0177 |
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.