Credicorp Operating Income vs Other Operating Expenses Analysis

BAP Stock

USD 165.32 1.86 1.14%

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 Operating Income and its Other Operating Expenses 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 tightly coupled 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.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credicorp Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Credicorp's Operating Income and Other Operating Expenses is -0.07. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Credicorp, assuming nothing else is changed. The correlation between historical values of Credicorp's Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Credicorp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Credicorp's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Credicorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Credicorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Credicorp. It is also known as Credicorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 tightly coupled 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 06/02/2024, Enterprise Value is likely to grow to about 38.7 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	690.2M	690.6M	667.1M	359.0M

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		0.56	-0.66	-0.49	0.96	0.62	-0.61	0.6	0.37	0.93	0.14	-0.39	0.49	0.45	1.0	0.72	0.12	0.88	0.79	0.62	0.43	0.85	0.42	0.36	-0.53	0.91
Short Long Term Debt Total	0.56		-0.81	-0.71	0.48	0.82	-0.01	0.41	-0.13	0.45	0.66	0.19	0.03	0.5	0.57	0.24	0.65	0.63	0.72	0.06	0.56	0.2	0.44	0.4	-0.18	0.31
Other Current Liab	-0.66	-0.81		0.96	-0.6	-0.68	0.2	-0.5	0.02	-0.55	-0.52	0.13	-0.15	-0.46	-0.67	-0.35	-0.51	-0.51	-0.66	-0.2	-0.5	-0.31	-0.51	-0.31	-0.01	-0.44
Total Current Liabilities	-0.49	-0.71	0.96		-0.44	-0.56	0.09	-0.4	0.01	-0.42	-0.45	0.13	-0.13	-0.31	-0.49	-0.21	-0.44	-0.32	-0.5	-0.16	-0.35	-0.14	-0.36	-0.14	-0.21	-0.24
Total Stockholder Equity	0.96	0.48	-0.6	-0.44		0.53	-0.49	0.74	0.5	0.96	0.02	-0.46	0.6	0.34	0.95	0.73	0.0	0.86	0.64	0.71	0.26	0.86	0.34	0.19	-0.58	0.91
Property Plant And Equipment Net	0.62	0.82	-0.68	-0.56	0.53		-0.28	0.23	-0.09	0.43	0.58	0.1	0.07	0.53	0.63	0.37	0.57	0.6	0.79	0.13	0.6	0.47	0.46	0.52	-0.19	0.43
Net Debt	-0.61	-0.01	0.2	0.09	-0.49	-0.28		-0.03	-0.19	-0.48	0.08	0.17	-0.22	-0.28	-0.63	-0.51	0.09	-0.48	-0.68	-0.35	-0.36	-0.7	-0.19	-0.39	0.23	-0.62
Retained Earnings	0.6	0.41	-0.5	-0.4	0.74	0.23	-0.03		0.44	0.75	0.0	-0.36	0.46	0.16	0.58	0.49	-0.01	0.66	0.28	0.5	-0.03	0.47	0.17	-0.12	-0.48	0.56
Non Currrent Assets Other	0.37	-0.13	0.02	0.01	0.5	-0.09	-0.19	0.44		0.61	-0.75	-0.68	0.96	-0.62	0.35	0.71	-0.76	0.35	-0.01	0.95	-0.64	0.46	-0.42	-0.67	-0.18	0.4
Other Assets	0.93	0.45	-0.55	-0.42	0.96	0.43	-0.48	0.75	0.61		-0.07	-0.52	0.68	0.2	0.92	0.77	-0.09	0.84	0.61	0.77	0.12	0.79	0.25	0.04	-0.6	0.85
Common Stock Total Equity	0.14	0.66	-0.52	-0.45	0.02	0.58	0.08	0.0	-0.75	-0.07		0.52	-0.64	0.79	0.16	-0.34	1.0	0.16	0.44	-0.59	0.79	-0.14	0.6	0.71	-0.05	-0.03
Common Stock Shares Outstanding	-0.39	0.19	0.13	0.13	-0.46	0.1	0.17	-0.36	-0.68	-0.52	0.52		-0.71	0.35	-0.37	-0.58	0.55	-0.09	0.1	-0.7	0.35	-0.38	0.05	0.39	0.14	-0.37
Non Current Liabilities Total	0.49	0.03	-0.15	-0.13	0.6	0.07	-0.22	0.46	0.96	0.68	-0.64	-0.71		-0.54	0.47	0.81	-0.65	0.41	0.12	0.98	-0.53	0.5	-0.19	-0.57	-0.22	0.49
Other Stockholder Equity	0.45	0.5	-0.46	-0.31	0.34	0.53	-0.28	0.16	-0.62	0.2	0.79	0.35	-0.54		0.46	-0.16	0.79	0.42	0.57	-0.41	0.93	0.32	0.64	0.91	-0.35	0.38
Total Liab	1.0	0.57	-0.67	-0.49	0.95	0.63	-0.63	0.58	0.35	0.92	0.16	-0.37	0.47	0.46		0.71	0.14	0.88	0.8	0.6	0.46	0.85	0.43	0.38	-0.52	0.91
Property Plant And Equipment Gross	0.72	0.24	-0.35	-0.21	0.73	0.37	-0.51	0.49	0.71	0.77	-0.34	-0.58	0.81	-0.16	0.71		-0.35	0.66	0.48	0.84	-0.1	0.75	0.13	-0.12	-0.28	0.78
Common Stock	0.12	0.65	-0.51	-0.44	0.0	0.57	0.09	-0.01	-0.76	-0.09	1.0	0.55	-0.65	0.79	0.14	-0.35		0.15	0.44	-0.61	0.78	-0.15	0.59	0.71	-0.05	-0.05
Accounts Payable	0.88	0.63	-0.51	-0.32	0.86	0.6	-0.48	0.66	0.35	0.84	0.16	-0.09	0.41	0.42	0.88	0.66	0.15		0.79	0.53	0.38	0.79	0.21	0.33	-0.56	0.83
Cash	0.79	0.72	-0.66	-0.5	0.64	0.79	-0.68	0.28	-0.01	0.61	0.44	0.1	0.12	0.57	0.8	0.48	0.44	0.79		0.24	0.67	0.6	0.43	0.59	-0.32	0.63
Non Current Assets Total	0.62	0.06	-0.2	-0.16	0.71	0.13	-0.35	0.5	0.95	0.77	-0.59	-0.7	0.98	-0.41	0.6	0.84	-0.61	0.53	0.24		-0.4	0.64	-0.17	-0.45	-0.29	0.62
Cash And Short Term Investments	0.43	0.56	-0.5	-0.35	0.26	0.6	-0.36	-0.03	-0.64	0.12	0.79	0.35	-0.53	0.93	0.46	-0.1	0.78	0.38	0.67	-0.4		0.27	0.62	0.97	-0.17	0.34
Net Receivables	0.85	0.2	-0.31	-0.14	0.86	0.47	-0.7	0.47	0.46	0.79	-0.14	-0.38	0.5	0.32	0.85	0.75	-0.15	0.79	0.6	0.64	0.27		0.2	0.3	-0.5	0.93
Other Current Assets	0.42	0.44	-0.51	-0.36	0.34	0.46	-0.19	0.17	-0.42	0.25	0.6	0.05	-0.19	0.64	0.43	0.13	0.59	0.21	0.43	-0.17	0.62	0.2		0.62	-0.4	0.37
Total Current Assets	0.36	0.4	-0.31	-0.14	0.19	0.52	-0.39	-0.12	-0.67	0.04	0.71	0.39	-0.57	0.91	0.38	-0.12	0.71	0.33	0.59	-0.45	0.97	0.3	0.62		-0.23	0.34
Short Term Debt	-0.53	-0.18	-0.01	-0.21	-0.58	-0.19	0.23	-0.48	-0.18	-0.6	-0.05	0.14	-0.22	-0.35	-0.52	-0.28	-0.05	-0.56	-0.32	-0.29	-0.17	-0.5	-0.4	-0.23		-0.53
Other Liab	0.91	0.31	-0.44	-0.24	0.91	0.43	-0.62	0.56	0.4	0.85	-0.03	-0.37	0.49	0.38	0.91	0.78	-0.05	0.83	0.63	0.62	0.34	0.93	0.37	0.34	-0.53

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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	22.9B	24.8B	26.0B	26.8B	14.6B
Other Current Liab	(2.4B)	(2.3B)	(3.5B)	(2.8B)	(1.5B)	(1.4B)
Total Current Liabilities	2.4B	2.3B	3.5B	1.5B	2.5B	2.4B
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	226.9B	238.3B
Other Assets	84.5B	89.2B	106.7B	118.1B	135.8B	142.6B
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	21.4B	23.7B	20.2M	19.2M
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	3.5B	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	232.0B	243.6B
Cash And Short Term Investments	52.2B	79.5B	73.7B	65.0B	6.9B	6.5B
Net Receivables	11.5B	11.0B	13.3B	12.0B	12.5B	13.1B
Other Current Assets	96.6B	95.6B	113.4B	29.8B	34.3B	56.8B
Total Current Assets	63.7B	90.5B	87.0B	67.0B	6.9B	6.5B
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	156.5M	94.0M
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

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When determining whether Credicorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Credicorp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Credicorp Stock. Highlighted below are key reports to facilitate an investment decision about Credicorp Stock:

How To Invest In Credicorp

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Is Credicorp Stock a good investment?

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What is Credicorp's Net Worth?

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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 tightly coupled 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.

Note that the Credicorp information on this page should be used as a complementary analysis to other Credicorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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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Is Credicorp's industry 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 Credicorp. If investors know Credicorp 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 Credicorp 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

0.092

Dividend Share

Earnings Share

16.37

Revenue Per Share

207.573

Quarterly Revenue Growth

0.078

The market value of Credicorp is measured differently than its book value, which is the value of Credicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Credicorp's value that differs from its market value or its book value, called intrinsic value, which is Credicorp'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 Credicorp's market value can be influenced by many factors that don't directly affect Credicorp'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 Credicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credicorp'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.

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Credicorp Operating Income vs Other Operating Expenses Analysis

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Other Operating Expenses

Credicorp fundamental ratios Correlations

Credicorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Credicorp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Non Current Liabilities Total
Total Current Assets	+ 0.97	Cash And Short Term Investments
Total Stockholder Equity	+ 0.96	Total Assets
Total Current Liabilities	+ 0.96	Other Current Liab

Other Current Liab	- 0.81	Short Long Term Debt Total
Common Stock	- 0.76	Non Currrent Assets Other
Common Stock Total Equity	- 0.75	Non Currrent Assets Other
Non Current Liabilities Total	- 0.71	Common Stock Shares Outstanding
Total Current Liabilities	- 0.71	Short Long Term Debt Total
Non Current Assets Total	- 0.7	Common Stock Shares Outstanding