Bancolombia Long Term Debt vs Earning Assets Analysis

CIB Stock  USD 32.82  1.43  4.56%   
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 Long Term Debt and its Earning Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Long Term Debt vs Earning Assets

Long Term Debt vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bancolombia SA ADR Long Term Debt account and Earning Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bancolombia's Long Term Debt and Earning Assets is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Earning Assets 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 Long Term Debt and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Bancolombia SA ADR are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Long Term Debt i.e., Bancolombia's Long Term Debt and Earning Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Bancolombia SA ADR has held for over one year. Long-term debt appears on Bancolombia SA ADR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bancolombia SA ADR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Earning Assets

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 tightly coupled 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 Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Tax Provision is forecasted to decline to about 1.4 T.
 2021 2022 2023 2024 (projected)
Interest Expense4.4T8.4T16.7T17.5T
Depreciation And Amortization855.2B949.4B1.1T1.2T

Bancolombia fundamental ratios Correlations

0.64-0.031.00.87-0.050.090.880.970.660.580.98-0.20.380.450.560.861.00.850.760.220.80.730.940.880.94
0.640.290.620.410.680.260.390.510.0-0.090.540.4-0.180.47-0.030.730.640.260.430.030.880.860.390.720.78
-0.030.29-0.08-0.190.47-0.14-0.24-0.08-0.17-0.130.00.15-0.2-0.09-0.090.17-0.03-0.19-0.08-0.130.190.12-0.080.190.11
1.00.62-0.080.87-0.070.110.890.970.670.590.98-0.210.390.440.560.851.00.850.770.220.790.720.940.870.93
0.870.41-0.190.87-0.240.40.910.870.660.60.85-0.280.580.440.580.560.870.940.710.20.50.630.820.580.75
-0.050.680.47-0.07-0.240.23-0.26-0.2-0.59-0.65-0.160.72-0.590.18-0.540.19-0.05-0.42-0.1-0.230.350.41-0.330.170.2
0.090.26-0.140.110.40.230.340.06-0.02-0.080.030.080.310.030.04-0.20.10.280.26-0.1-0.020.45-0.11-0.250.03
0.880.39-0.240.890.91-0.260.340.910.80.730.9-0.450.670.210.720.610.890.950.790.080.540.60.860.590.71
0.970.51-0.080.970.87-0.20.060.910.80.730.99-0.390.540.310.720.840.970.910.80.180.740.670.950.820.88
0.660.0-0.170.670.66-0.59-0.020.80.80.990.77-0.860.88-0.20.980.480.660.870.74-0.080.320.30.790.420.44
0.58-0.09-0.130.590.6-0.65-0.080.730.730.990.71-0.910.87-0.240.970.410.580.820.66-0.090.230.20.750.350.36
0.980.540.00.980.85-0.160.030.90.990.770.71-0.370.50.320.680.840.980.890.760.150.750.660.960.850.89
-0.20.40.15-0.21-0.280.720.08-0.45-0.39-0.86-0.91-0.37-0.880.57-0.9-0.05-0.2-0.57-0.450.280.110.09-0.410.030.04
0.38-0.18-0.20.390.58-0.590.310.670.540.880.870.5-0.88-0.410.930.130.390.770.66-0.250.00.230.480.020.14
0.450.47-0.090.440.440.180.030.210.31-0.2-0.240.320.57-0.41-0.340.370.450.2-0.040.610.440.340.340.50.52
0.56-0.03-0.090.560.58-0.540.040.720.720.980.970.68-0.90.93-0.340.420.560.80.73-0.20.260.310.670.30.35
0.860.730.170.850.560.19-0.20.610.840.480.410.84-0.050.130.370.420.860.550.630.10.90.70.770.940.92
1.00.64-0.031.00.87-0.050.10.890.970.660.580.98-0.20.390.450.560.860.850.760.210.80.730.940.880.94
0.850.26-0.190.850.94-0.420.280.950.910.870.820.89-0.570.770.20.80.550.850.770.120.440.520.870.530.66
0.760.43-0.080.770.71-0.10.260.790.80.740.660.76-0.450.66-0.040.730.630.760.77-0.110.550.660.720.530.66
0.220.03-0.130.220.2-0.23-0.10.080.18-0.08-0.090.150.28-0.250.61-0.20.10.210.12-0.110.15-0.020.230.20.2
0.80.880.190.790.50.35-0.020.540.740.320.230.750.110.00.440.260.90.80.440.550.150.840.650.880.86
0.730.860.120.720.630.410.450.60.670.30.20.660.090.230.340.310.70.730.520.66-0.020.840.490.620.75
0.940.39-0.080.940.82-0.33-0.110.860.950.790.750.96-0.410.480.340.670.770.940.870.720.230.650.490.830.82
0.880.720.190.870.580.17-0.250.590.820.420.350.850.030.020.50.30.940.880.530.530.20.880.620.830.93
0.940.780.110.930.750.20.030.710.880.440.360.890.040.140.520.350.920.940.660.660.20.860.750.820.93
Click cells to compare fundamentals

Bancolombia Account Relationship Matchups

Bancolombia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.1T255.6T289.9T352.8T342.9T360.1T
Short Long Term Debt Total35.7T32.1T31.5T41.2T33.7T19.7T
Total Current Liabilities3.5T3.2T4.0T6.0T634.6B602.9B
Total Stockholder Equity26.9T26.5T32.2T39.1T38.1T40.0T
Property Plant And Equipment Net5.5T6.0T6.8T8.6T8.2T8.6T
Net Debt17.5T12.0T8.3T16.4T1.8T1.7T
Retained Earnings7.8T4.2T7.4T10.1T8.6T5.9T
Accounts Payable3.5T3.2T4.0T6.0T6.5T6.8T
Cash18.3T20.2T23.1T24.7T32.0T33.6T
Non Current Assets Total31.9T45.5T47.4T49.8T300.1T315.1T
Non Currrent Assets Other(401.0B)(675.3B)(746.4B)(764.6B)273.5T287.2T
Other Assets185.1T188.6T217.6T277.2T318.8T334.7T
Cash And Short Term Investments18.3T20.2T23.1T24.7T(28.0T)(26.6T)
Net Receivables802.1B1.2T1.6T1.1T28.4T29.9T
Liabilities And Stockholders Equity236.1T255.6T289.9T352.8T342.9T360.1T
Non Current Liabilities Total38.2T34.0T33.4T6.0T303.2T318.4T
Total Liab207.3T227.5T255.9T312.8T303.9T319.1T
Property Plant And Equipment Gross5.6T6.0T6.8T8.6T11.6T12.2T
Total Current Assets19.1T21.4T24.8T25.8T42.8T44.9T
Accumulated Other Comprehensive Income13.7T17.0T19.5T23.7T24.1T25.3T
Short Term Debt1.6T2.4T8.6T1.9T470.3B446.8B
Other Liab6.1T8.2T9.6T13.3T15.3T16.0T
Long Term Debt24.6T30.3T29.6T39.3T30.3T31.8T
Good Will6.7T7.0T8.1T9.8T7.8T8.2T
Short Term Investments3.0T322.2B850.7B(59.9T)(53.9T)(51.2T)
Inventory(26.9T)(25.8T)(29.5T)608.4B(474.0B)(497.7B)
Intangible Assets539.0B495.6B485.6B602.5B671.6B705.2B
Property Plant Equipment5.5T6.0T6.8T8.6T9.8T10.3T
Other Current Liab(1.6T)(2.4T)(8.7T)(252.9T)164.3B172.6B
Other Current Assets26.9T25.8T29.5T(608.4B)42.8T61.9T
Net Tangible Assets19.7T19.0T23.6T28.6T32.9T19.0T
Long Term Investments20.0T32.1T32.0T30.9T29.6T21.2T
Long Term Debt Total26.4T27.5T24.2T30.5T35.1T28.4T
Capital Lease Obligations1.8T1.8T1.8T1.9T1.8T1.0T
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bancolombia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bancolombia's short interest history, or implied volatility extrapolated from Bancolombia options trading.

Pair Trading with Bancolombia

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

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The ability to find closely correlated positions to Bancolombia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bancolombia 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 Bancolombia - 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 Bancolombia SA ADR to buy it.
The correlation of Bancolombia 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 Bancolombia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bancolombia SA ADR 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 Bancolombia 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 CorrelationCorrelation Matching
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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Bancolombia's price analysis, check to measure Bancolombia'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 Bancolombia is operating at the current time. Most of Bancolombia's value examination focuses on studying past and present price action to predict the probability of Bancolombia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancolombia's price. Additionally, you may evaluate how the addition of Bancolombia to your portfolios can decrease your overall portfolio volatility.
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Is Bancolombia'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 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
(0.12)
Dividend Share
3.5 K
Earnings Share
6.5
Revenue Per Share
21.7 K
Quarterly Revenue Growth
0.037
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.