Bancolombia Operating Income vs Other Operating Expenses 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 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 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.

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 Bancolombia SA ADR Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Bancolombia's Operating Income and Other Operating Expenses is -0.48. 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 Bancolombia SA ADR, assuming nothing else is changed. The correlation between historical values of Bancolombia'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 Bancolombia SA ADR 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., Bancolombia's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR. It is also known as Bancolombia 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 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

Interest Expense Depreciation And Amortization

Bancolombia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Long Term Debt	Good Will
Total Assets		0.64	-0.03	1.0	0.87	-0.05	0.09	0.88	0.97	0.66	0.58	0.98	-0.2	0.38	0.45	0.56	0.86	1.0	0.85	0.76	0.22	0.8	0.73	0.94	0.88	0.94
Short Long Term Debt Total	0.64		0.29	0.62	0.41	0.68	0.26	0.39	0.51	0.0	-0.09	0.54	0.4	-0.18	0.47	-0.03	0.73	0.64	0.26	0.43	0.03	0.88	0.86	0.39	0.72	0.78
Total Current Liabilities	-0.03	0.29		-0.08	-0.19	0.47	-0.14	-0.24	-0.08	-0.17	-0.13	0.0	0.15	-0.2	-0.09	-0.09	0.17	-0.03	-0.19	-0.08	-0.13	0.19	0.12	-0.08	0.19	0.11
Total Stockholder Equity	1.0	0.62	-0.08		0.87	-0.07	0.11	0.89	0.97	0.67	0.59	0.98	-0.21	0.39	0.44	0.56	0.85	1.0	0.85	0.77	0.22	0.79	0.72	0.94	0.87	0.93
Property Plant And Equipment Net	0.87	0.41	-0.19	0.87		-0.24	0.4	0.91	0.87	0.66	0.6	0.85	-0.28	0.58	0.44	0.58	0.56	0.87	0.94	0.71	0.2	0.5	0.63	0.82	0.58	0.75
Net Debt	-0.05	0.68	0.47	-0.07	-0.24		0.23	-0.26	-0.2	-0.59	-0.65	-0.16	0.72	-0.59	0.18	-0.54	0.19	-0.05	-0.42	-0.1	-0.23	0.35	0.41	-0.33	0.17	0.2
Retained Earnings	0.09	0.26	-0.14	0.11	0.4	0.23		0.34	0.06	-0.02	-0.08	0.03	0.08	0.31	0.03	0.04	-0.2	0.1	0.28	0.26	-0.1	-0.02	0.45	-0.11	-0.25	0.03
Accounts Payable	0.88	0.39	-0.24	0.89	0.91	-0.26	0.34		0.91	0.8	0.73	0.9	-0.45	0.67	0.21	0.72	0.61	0.89	0.95	0.79	0.08	0.54	0.6	0.86	0.59	0.71
Cash	0.97	0.51	-0.08	0.97	0.87	-0.2	0.06	0.91		0.8	0.73	0.99	-0.39	0.54	0.31	0.72	0.84	0.97	0.91	0.8	0.18	0.74	0.67	0.95	0.82	0.88
Non Current Assets Total	0.66	0.0	-0.17	0.67	0.66	-0.59	-0.02	0.8	0.8		0.99	0.77	-0.86	0.88	-0.2	0.98	0.48	0.66	0.87	0.74	-0.08	0.32	0.3	0.79	0.42	0.44
Non Currrent Assets Other	0.58	-0.09	-0.13	0.59	0.6	-0.65	-0.08	0.73	0.73	0.99		0.71	-0.91	0.87	-0.24	0.97	0.41	0.58	0.82	0.66	-0.09	0.23	0.2	0.75	0.35	0.36
Other Assets	0.98	0.54	0.0	0.98	0.85	-0.16	0.03	0.9	0.99	0.77	0.71		-0.37	0.5	0.32	0.68	0.84	0.98	0.89	0.76	0.15	0.75	0.66	0.96	0.85	0.89
Cash And Short Term Investments	-0.2	0.4	0.15	-0.21	-0.28	0.72	0.08	-0.45	-0.39	-0.86	-0.91	-0.37		-0.88	0.57	-0.9	-0.05	-0.2	-0.57	-0.45	0.28	0.11	0.09	-0.41	0.03	0.04
Net Receivables	0.38	-0.18	-0.2	0.39	0.58	-0.59	0.31	0.67	0.54	0.88	0.87	0.5	-0.88		-0.41	0.93	0.13	0.39	0.77	0.66	-0.25	0.0	0.23	0.48	0.02	0.14
Common Stock Shares Outstanding	0.45	0.47	-0.09	0.44	0.44	0.18	0.03	0.21	0.31	-0.2	-0.24	0.32	0.57	-0.41		-0.34	0.37	0.45	0.2	-0.04	0.61	0.44	0.34	0.34	0.5	0.52
Non Current Liabilities Total	0.56	-0.03	-0.09	0.56	0.58	-0.54	0.04	0.72	0.72	0.98	0.97	0.68	-0.9	0.93	-0.34		0.42	0.56	0.8	0.73	-0.2	0.26	0.31	0.67	0.3	0.35
Other Stockholder Equity	0.86	0.73	0.17	0.85	0.56	0.19	-0.2	0.61	0.84	0.48	0.41	0.84	-0.05	0.13	0.37	0.42		0.86	0.55	0.63	0.1	0.9	0.7	0.77	0.94	0.92
Total Liab	1.0	0.64	-0.03	1.0	0.87	-0.05	0.1	0.89	0.97	0.66	0.58	0.98	-0.2	0.39	0.45	0.56	0.86		0.85	0.76	0.21	0.8	0.73	0.94	0.88	0.94
Property Plant And Equipment Gross	0.85	0.26	-0.19	0.85	0.94	-0.42	0.28	0.95	0.91	0.87	0.82	0.89	-0.57	0.77	0.2	0.8	0.55	0.85		0.77	0.12	0.44	0.52	0.87	0.53	0.66
Total Current Assets	0.76	0.43	-0.08	0.77	0.71	-0.1	0.26	0.79	0.8	0.74	0.66	0.76	-0.45	0.66	-0.04	0.73	0.63	0.76	0.77		-0.11	0.55	0.66	0.72	0.53	0.66
Short Term Debt	0.22	0.03	-0.13	0.22	0.2	-0.23	-0.1	0.08	0.18	-0.08	-0.09	0.15	0.28	-0.25	0.61	-0.2	0.1	0.21	0.12	-0.11		0.15	-0.02	0.23	0.2	0.2
Common Stock Total Equity	0.8	0.88	0.19	0.79	0.5	0.35	-0.02	0.54	0.74	0.32	0.23	0.75	0.11	0.0	0.44	0.26	0.9	0.8	0.44	0.55	0.15		0.84	0.65	0.88	0.86
Common Stock	0.73	0.86	0.12	0.72	0.63	0.41	0.45	0.6	0.67	0.3	0.2	0.66	0.09	0.23	0.34	0.31	0.7	0.73	0.52	0.66	-0.02	0.84		0.49	0.62	0.75
Other Liab	0.94	0.39	-0.08	0.94	0.82	-0.33	-0.11	0.86	0.95	0.79	0.75	0.96	-0.41	0.48	0.34	0.67	0.77	0.94	0.87	0.72	0.23	0.65	0.49		0.83	0.82
Long Term Debt	0.88	0.72	0.19	0.87	0.58	0.17	-0.25	0.59	0.82	0.42	0.35	0.85	0.03	0.02	0.5	0.3	0.94	0.88	0.53	0.53	0.2	0.88	0.62	0.83		0.93
Good Will	0.94	0.78	0.11	0.93	0.75	0.2	0.03	0.71	0.88	0.44	0.36	0.89	0.04	0.14	0.52	0.35	0.92	0.94	0.66	0.66	0.2	0.86	0.75	0.82	0.93

Click cells to compare fundamentals

Bancolombia Account Relationship Matchups

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 Holdings Aggressive Push

Pair Corr

Moving against Bancolombia Stock

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0.51	EGBN	Eagle Bancorp Financial Report 24th of July 2024	Pair Corr
0.5	EBMT	Eagle Bancorp Montana Financial Report 23rd of July 2024	Pair Corr
0.43	VBNK	VersaBank Financial Report 5th of June 2024	Pair Corr
0.43	EFSC	Enterprise Financial Earnings Call This Week	Pair Corr

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 Correlation Correlation 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:

How To Invest In Bancolombia

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Is Bancolombia Stock a good investment?

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What is Bancolombia's Net Worth?

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

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Bancolombia 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

Bancolombia fundamental ratios Correlations

Bancolombia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bancolombia fundamental ratios Accounts

Pair Trading with Bancolombia

Moving together with Bancolombia Stock

Moving against Bancolombia Stock

Complementary Tools for Bancolombia Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Other Assets	+ 0.99	Cash
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Other Assets	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.91	Non Currrent Assets Other
Non Current Liabilities Total	- 0.9	Cash And Short Term Investments
Net Receivables	- 0.88	Cash And Short Term Investments
Cash And Short Term Investments	- 0.86	Non Current Assets Total
Non Currrent Assets Other	- 0.65	Net Debt
Net Receivables	- 0.59	Net Debt