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 Direction | Positive |
Relationship Strength | Significant |
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 Expense | 4.4T | 8.4T | 16.7T | 17.5T | Depreciation And Amortization | 855.2B | 949.4B | 1.1T | 1.2T |
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 | 31.5T | 41.2T | 33.7T | 19.7T | |
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 | 318.8T | 334.7T | |
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 | |
Other Current Assets | 26.9T | 25.8T | 29.5T | (608.4B) | 42.8T | 61.9T | |
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 | |
Capital Lease Obligations | 1.8T | 1.8T | 1.8T | 1.9T | 1.8T | 1.0T |
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.Moving together with Bancolombia Stock
0.71 | NU | Nu Holdings Aggressive Push | PairCorr |
Moving against Bancolombia Stock
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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.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.
Complementary Tools for Bancolombia Stock analysis
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.