Colgate Interest Income vs Income Before Tax Analysis

CL Stock  USD 96.76  0.18  0.19%   
Colgate Palmolive financial indicator trend analysis is way more than just evaluating Colgate Palmolive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colgate Palmolive is a good investment. Please check the relationship between Colgate Palmolive Interest Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colgate Palmolive Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Colgate Palmolive's Interest Income and Income Before Tax is -0.01. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Colgate Palmolive, assuming nothing else is changed. The correlation between historical values of Colgate Palmolive's Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Colgate Palmolive are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Colgate Palmolive's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Colgate Palmolive income statement and is an important metric when analyzing Colgate Palmolive profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Colgate Palmolive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colgate Palmolive 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 Colgate Palmolive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.At this time, Colgate Palmolive's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 62.1 B this year, although the value of Selling General Administrative will most likely fall to about 4.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B10.2B11.3B7.2B
Total Revenue17.4B18.0B19.5B12.8B

Colgate Palmolive fundamental ratios Correlations

0.710.540.44-0.020.90.710.80.510.990.120.420.76-0.370.540.890.55-0.80.970.430.910.150.950.560.740.6
0.710.370.9-0.190.560.550.550.30.74-0.080.210.5-0.33-0.020.560.16-0.570.730.190.530.740.580.470.480.41
0.540.370.370.340.350.160.270.240.550.380.120.420.110.080.360.45-0.240.43-0.010.450.280.440.510.240.1
0.440.90.370.070.280.280.280.120.490.030.060.38-0.04-0.370.26-0.02-0.260.410.00.270.940.30.30.190.05
-0.02-0.190.340.07-0.08-0.29-0.27-0.24-0.040.54-0.20.270.63-0.290.010.240.38-0.28-0.070.060.140.04-0.31-0.34-0.6
0.90.560.350.28-0.080.650.760.650.850.20.610.87-0.280.60.770.6-0.780.890.430.96-0.010.910.450.780.64
0.710.550.160.28-0.290.650.950.160.72-0.280.440.46-0.780.730.710.28-0.940.740.810.570.020.730.50.860.63
0.80.550.270.28-0.270.760.950.350.81-0.160.570.58-0.680.780.710.3-0.990.820.720.67-0.010.80.620.930.66
0.510.30.240.12-0.240.650.160.350.430.020.830.60.040.330.230.27-0.40.56-0.080.68-0.050.410.550.510.48
0.990.740.550.49-0.040.850.720.810.430.070.350.69-0.430.520.880.47-0.810.960.420.830.20.930.580.720.59
0.12-0.080.380.030.540.2-0.28-0.160.020.07-0.150.490.67-0.15-0.050.540.2-0.02-0.350.240.060.09-0.35-0.06-0.24
0.420.210.120.06-0.20.610.440.570.830.35-0.150.58-0.170.520.180.16-0.570.450.280.58-0.120.390.570.690.45
0.760.50.420.380.270.870.460.580.60.690.490.580.110.350.550.62-0.550.660.270.880.170.740.290.610.27
-0.37-0.330.11-0.040.63-0.28-0.78-0.680.04-0.430.67-0.170.11-0.61-0.510.110.73-0.51-0.68-0.160.15-0.43-0.48-0.59-0.68
0.54-0.020.08-0.37-0.290.60.730.780.330.52-0.150.520.35-0.610.570.39-0.780.590.660.55-0.630.620.410.770.64
0.890.560.360.260.010.770.710.710.230.88-0.050.180.55-0.510.570.54-0.720.850.630.79-0.010.940.390.570.53
0.550.160.45-0.020.240.60.280.30.270.470.540.160.620.110.390.54-0.30.480.210.72-0.130.54-0.090.410.34
-0.8-0.57-0.24-0.260.38-0.78-0.94-0.99-0.4-0.810.2-0.57-0.550.73-0.78-0.72-0.3-0.86-0.68-0.680.03-0.8-0.64-0.94-0.75
0.970.730.430.41-0.280.890.740.820.560.96-0.020.450.66-0.510.590.850.48-0.860.410.860.110.90.610.790.73
0.430.19-0.010.0-0.070.430.810.72-0.080.42-0.350.280.27-0.680.660.630.21-0.680.410.38-0.210.60.240.570.35
0.910.530.450.270.060.960.570.670.680.830.240.580.88-0.160.550.790.72-0.680.860.380.00.890.420.70.55
0.150.740.280.940.14-0.010.02-0.01-0.050.20.06-0.120.170.15-0.63-0.01-0.130.030.11-0.210.00.00.11-0.06-0.15
0.950.580.440.30.040.910.730.80.410.930.090.390.74-0.430.620.940.54-0.80.90.60.890.00.470.710.57
0.560.470.510.3-0.310.450.50.620.550.58-0.350.570.29-0.480.410.39-0.09-0.640.610.240.420.110.470.560.47
0.740.480.240.19-0.340.780.860.930.510.72-0.060.690.61-0.590.770.570.41-0.940.790.570.7-0.060.710.560.81
0.60.410.10.05-0.60.640.630.660.480.59-0.240.450.27-0.680.640.530.34-0.750.730.350.55-0.150.570.470.81
Click cells to compare fundamentals

Colgate Palmolive Account Relationship Matchups

Colgate Palmolive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B15.9B15.0B15.7B16.4B10.1B
Short Long Term Debt Total15.2B7.7B7.4B8.9B9.1B4.8B
Other Current Liab3.5B4.1B4B1.9B2.3B1.9B
Total Current Liabilities11.4B4.1B4B4.0B4.7B3.4B
Total Stockholder Equity(102M)117M743M609M401M1.1B
Property Plant And Equipment Net3.8B3.7B3.7B4.3B5.1B3.1B
Net Debt7.0B6.7B6.4B8.1B8.1B8.5B
Retained Earnings22.5B23.7B24.4B24.6B25.3B26.6B
Cash883M888M832M775M966M557.7M
Non Current Assets Total10.9B11.6B10.6B10.6B11.1B6.7B
Non Currrent Assets Other930M1.1B1.2B834M447M424.7M
Cash And Short Term Investments883M888M832M775M1.1B1.2B
Net Receivables1.4B1.3B1.3B1.5B1.6B1.3B
Common Stock Shares Outstanding861.1M859.3M848.3M838.8M829.2M849.6M
Liabilities And Stockholders Equity15.0B15.9B15.0B15.7B16.4B10.1B
Non Current Liabilities Total3.1B10.7B10.1B10.9B10.7B11.2B
Inventory1.4B1.7B1.7B2.1B1.9B1.1B
Other Current Assets456M513M576M760M614M416.2M
Other Stockholder Equity(19.6B)(20.1B)(20.8B)(21.6B)(22.2B)(21.1B)
Total Liab14.5B14.8B14.1B14.9B15.4B8.5B
Property Plant And Equipment Gross3.8B3.7B8.9B9.6B10.3B10.8B
Accumulated Other Comprehensive Income(4.3B)(4.3B)(4.4B)(4.1B)(3.9B)(3.7B)
Short Term Debt7.8B404M188M133M425M403.8M
Accounts Payable1.2B1.4B1.5B1.6B1.7B1.1B
Intangible Assets2.7B2.9B2.5B1.9B1.9B2.0B
Short Term Investments23M37M34M175M179M188.0M
Other Liab2.6B3.1B2.8B1.8B2.1B1.8B
Current Deferred Revenue(1.2B)(1.8B)(1.7B)1.4B1.3B1.3B
Other Assets374M1.1M1.2B1.0B1.2B1.3B
Long Term Debt7.3B7.3B7.2B8.8B8.2B5.4B
Good Will3.5B3.8B3.3B3.4B3.4B2.6B
Treasury Stock(21.2B)(22.1B)(23.0B)(24.1B)(21.7B)(20.6B)
Property Plant Equipment3.8B3.7B3.7B4.3B5.0B3.7B
Net Tangible Assets117M(6.0B)(5.1B)(4.9B)(4.4B)(4.2B)
Noncontrolling Interest In Consolidated Entity441M358M362M405M465.8M280.0M
Retained Earnings Total Equity22.5B23.7B24.4B24.6B28.3B20.0B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Household Products 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 Colgate Palmolive. If investors know Colgate 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 Colgate Palmolive 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
0.049
Dividend Share
1.96
Earnings Share
3.48
Revenue Per Share
24.493
Quarterly Revenue Growth
0.024
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive'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 Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive'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 Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive'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.