Credicorp Other Operating Expenses vs Income Tax Expense 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 Other Operating Expenses and its Income Tax Expense 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.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credicorp Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Credicorp's Other Operating Expenses and Income Tax Expense is 0.28. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Credicorp, assuming nothing else is changed. The correlation between historical values of Credicorp's Other Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Credicorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., Credicorp's Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Income Tax Expense

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 Expense2.5B3.5B5.9B6.2B
Depreciation And Amortization690.2M690.6M667.1M359.0M

Credicorp fundamental ratios Correlations

0.56-0.66-0.490.960.62-0.610.60.370.930.14-0.390.490.451.00.720.120.880.790.620.430.850.420.36-0.530.91
0.56-0.81-0.710.480.82-0.010.41-0.130.450.660.190.030.50.570.240.650.630.720.060.560.20.440.4-0.180.31
-0.66-0.810.96-0.6-0.680.2-0.50.02-0.55-0.520.13-0.15-0.46-0.67-0.35-0.51-0.51-0.66-0.2-0.5-0.31-0.51-0.31-0.01-0.44
-0.49-0.710.96-0.44-0.560.09-0.40.01-0.42-0.450.13-0.13-0.31-0.49-0.21-0.44-0.32-0.5-0.16-0.35-0.14-0.36-0.14-0.21-0.24
0.960.48-0.6-0.440.53-0.490.740.50.960.02-0.460.60.340.950.730.00.860.640.710.260.860.340.19-0.580.91
0.620.82-0.68-0.560.53-0.280.23-0.090.430.580.10.070.530.630.370.570.60.790.130.60.470.460.52-0.190.43
-0.61-0.010.20.09-0.49-0.28-0.03-0.19-0.480.080.17-0.22-0.28-0.63-0.510.09-0.48-0.68-0.35-0.36-0.7-0.19-0.390.23-0.62
0.60.41-0.5-0.40.740.23-0.030.440.750.0-0.360.460.160.580.49-0.010.660.280.5-0.030.470.17-0.12-0.480.56
0.37-0.130.020.010.5-0.09-0.190.440.61-0.75-0.680.96-0.620.350.71-0.760.35-0.010.95-0.640.46-0.42-0.67-0.180.4
0.930.45-0.55-0.420.960.43-0.480.750.61-0.07-0.520.680.20.920.77-0.090.840.610.770.120.790.250.04-0.60.85
0.140.66-0.52-0.450.020.580.080.0-0.75-0.070.52-0.640.790.16-0.341.00.160.44-0.590.79-0.140.60.71-0.05-0.03
-0.390.190.130.13-0.460.10.17-0.36-0.68-0.520.52-0.710.35-0.37-0.580.55-0.090.1-0.70.35-0.380.050.390.14-0.37
0.490.03-0.15-0.130.60.07-0.220.460.960.68-0.64-0.71-0.540.470.81-0.650.410.120.98-0.530.5-0.19-0.57-0.220.49
0.450.5-0.46-0.310.340.53-0.280.16-0.620.20.790.35-0.540.46-0.160.790.420.57-0.410.930.320.640.91-0.350.38
1.00.57-0.67-0.490.950.63-0.630.580.350.920.16-0.370.470.460.710.140.880.80.60.460.850.430.38-0.520.91
0.720.24-0.35-0.210.730.37-0.510.490.710.77-0.34-0.580.81-0.160.71-0.350.660.480.84-0.10.750.13-0.12-0.280.78
0.120.65-0.51-0.440.00.570.09-0.01-0.76-0.091.00.55-0.650.790.14-0.350.150.44-0.610.78-0.150.590.71-0.05-0.05
0.880.63-0.51-0.320.860.6-0.480.660.350.840.16-0.090.410.420.880.660.150.790.530.380.790.210.33-0.560.83
0.790.72-0.66-0.50.640.79-0.680.28-0.010.610.440.10.120.570.80.480.440.790.240.670.60.430.59-0.320.63
0.620.06-0.2-0.160.710.13-0.350.50.950.77-0.59-0.70.98-0.410.60.84-0.610.530.24-0.40.64-0.17-0.45-0.290.62
0.430.56-0.5-0.350.260.6-0.36-0.03-0.640.120.790.35-0.530.930.46-0.10.780.380.67-0.40.270.620.97-0.170.34
0.850.2-0.31-0.140.860.47-0.70.470.460.79-0.14-0.380.50.320.850.75-0.150.790.60.640.270.20.3-0.50.93
0.420.44-0.51-0.360.340.46-0.190.17-0.420.250.60.05-0.190.640.430.130.590.210.43-0.170.620.20.62-0.40.37
0.360.4-0.31-0.140.190.52-0.39-0.12-0.670.040.710.39-0.570.910.38-0.120.710.330.59-0.450.970.30.62-0.230.34
-0.53-0.18-0.01-0.21-0.58-0.190.23-0.48-0.18-0.6-0.050.14-0.22-0.35-0.52-0.28-0.05-0.56-0.32-0.29-0.17-0.5-0.4-0.23-0.53
0.910.31-0.44-0.240.910.43-0.620.560.40.85-0.03-0.370.490.380.910.78-0.050.830.630.620.340.930.370.34-0.53
Click cells to compare fundamentals

Credicorp Account Relationship Matchups

Credicorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets187.9B237.4B244.8B236.8B238.8B250.8B
Short Long Term Debt Total24.5B22.9B24.8B26.0B26.8B14.6B
Other Current Liab(2.4B)(2.3B)(3.5B)(2.8B)(1.5B)(1.4B)
Total Current Liabilities2.4B2.3B3.5B1.5B2.5B2.4B
Total Stockholder Equity26.2B24.9B26.5B29.0B32.5B34.1B
Property Plant And Equipment Net2.4B2.2B2.0B1.9B2.0B1.5B
Net Debt(1.5B)(13.8B)(14.5B)(8.1B)(7.1B)(6.7B)
Retained Earnings4.4B347.2M3.6B4.6B4.6B4.8B
Non Currrent Assets Other(39.7B)(57.7B)(51.1B)3.4B226.9B238.3B
Other Assets84.5B89.2B106.7B118.1B135.8B142.6B
Common Stock Shares Outstanding79.7M79.6M79.7M79.7M79.7M64.3M
Liabilities And Stockholders Equity187.9B237.4B244.8B236.8B238.8B250.8B
Non Current Liabilities Total24.6B23.0B24.9B1.5B203.2B213.4B
Other Stockholder Equity19.5B21.4B21.4B23.7B20.2M19.2M
Total Liab161.1B212.0B217.8B207.2B205.7B216.0B
Property Plant And Equipment Gross2.4B2.1B4.5B1.8B4.8B5.0B
Accumulated Other Comprehensive Income1.1B1.9B235.9M(650.1M)26.5B27.9B
Accounts Payable2.4B2.3B3.5B3.8B4.0B2.3B
Cash26.0B36.7B39.3B34.1B33.9B19.7B
Non Current Assets Total39.7B57.7B51.1B51.7B232.0B243.6B
Cash And Short Term Investments52.2B79.5B73.7B65.0B6.9B6.5B
Net Receivables11.5B11.0B13.3B12.0B12.5B13.1B
Other Current Assets96.6B95.6B113.4B29.8B34.3B56.8B
Total Current Assets63.7B90.5B87.0B67.0B6.9B6.5B
Other Liab11.4B13.3B20.3B13.7B15.8B16.6B
Long Term Debt23.6B22.3B24.2B25.9B26.2B27.6B
Good Will886.0M820.9M796.9M772.2M798.5M489.0M
Short Term Investments26.2B42.7B34.4B29.7B32.8B34.4B
Treasury Stock(208.0M)(207.8M)(208.4M)(207.5M)(186.8M)(177.4M)
Intangible Assets1.7B1.8B1.9B2.1B2.4B2.5B
Property Plant Equipment2.3B2.1B1.9B2.4B2.7B2.9B
Inventory143.3M135.1M136.1M136.1M156.5M94.0M
Net Tangible Assets23.7B22.3B23.8B26.1B30.0B21.0B
Deferred Long Term Liab1.2B1.1B1.0B1.0B1.2B772.8M
Long Term Investments31.6B56.6B50.6B46.9B47.2B36.9B
Long Term Debt Total23.6B22.8B24.2B25.9B29.7B26.3B

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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:
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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
35
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.