Colgate Minority Interest vs Selling General Administrative Analysis

CL Stock  USD 93.47  0.61  0.65%   
Colgate Palmolive financial indicator trend analysis is way more than just evaluating Colgate Palmolive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colgate Palmolive is a good investment. Please check the relationship between Colgate Palmolive Minority Interest and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colgate Palmolive Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Colgate Palmolive's Minority Interest and Selling General Administrative is 0.4. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Colgate Palmolive, assuming nothing else is changed. The correlation between historical values of Colgate Palmolive's Minority Interest and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Colgate Palmolive are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., Colgate Palmolive's Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Colgate Palmolive whose combined shares represent less than 50% of the total outstanding shares issued by Colgate Palmolive have a minority interest in Colgate Palmolive.

Selling General Administrative

Most indicators from Colgate Palmolive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colgate Palmolive 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 Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.At this time, Colgate Palmolive's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 62.1 B this year, although the value of Selling General Administrative will most likely fall to about 4.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B10.2B11.3B7.2B
Total Revenue17.4B18.0B19.5B12.8B

Colgate Palmolive fundamental ratios Correlations

0.730.570.44-0.020.90.710.80.510.990.120.420.76-0.370.540.890.55-0.80.970.430.910.150.950.560.740.6
0.730.20.28-0.310.70.990.970.270.73-0.280.550.51-0.740.750.690.29-0.960.760.780.620.010.740.550.90.65
0.570.20.370.340.370.190.290.230.570.360.110.430.080.110.410.48-0.260.460.020.480.270.470.520.250.12
0.440.280.370.070.280.280.280.120.490.030.060.38-0.04-0.370.26-0.02-0.260.410.00.270.940.30.30.190.05
-0.02-0.310.340.07-0.08-0.29-0.27-0.24-0.040.54-0.20.270.63-0.290.010.240.38-0.28-0.070.060.140.04-0.31-0.34-0.6
0.90.70.370.28-0.080.650.760.650.850.20.610.87-0.280.60.770.6-0.780.890.430.96-0.010.910.450.780.64
0.710.990.190.28-0.290.650.950.160.72-0.280.440.46-0.780.730.710.28-0.940.740.810.570.020.730.50.860.63
0.80.970.290.28-0.270.760.950.350.81-0.160.570.58-0.680.780.710.3-0.990.820.720.67-0.010.80.620.930.66
0.510.270.230.12-0.240.650.160.350.430.020.830.60.040.330.230.27-0.40.56-0.080.68-0.050.410.550.510.48
0.990.730.570.49-0.040.850.720.810.430.070.350.69-0.430.520.880.47-0.810.960.420.830.20.930.580.720.59
0.12-0.280.360.030.540.2-0.28-0.160.020.07-0.150.490.67-0.15-0.050.540.2-0.02-0.350.240.060.09-0.35-0.06-0.24
0.420.550.110.06-0.20.610.440.570.830.35-0.150.58-0.170.520.180.16-0.570.450.280.58-0.120.390.570.690.45
0.760.510.430.380.270.870.460.580.60.690.490.580.110.350.550.62-0.550.660.270.880.170.740.290.610.27
-0.37-0.740.08-0.040.63-0.28-0.78-0.680.04-0.430.67-0.170.11-0.61-0.510.110.73-0.51-0.68-0.160.15-0.43-0.48-0.59-0.68
0.540.750.11-0.37-0.290.60.730.780.330.52-0.150.520.35-0.610.570.39-0.780.590.660.55-0.630.620.410.770.64
0.890.690.410.260.010.770.710.710.230.88-0.050.180.55-0.510.570.54-0.720.850.630.79-0.010.940.390.570.53
0.550.290.48-0.020.240.60.280.30.270.470.540.160.620.110.390.54-0.30.480.210.72-0.130.54-0.090.410.34
-0.8-0.96-0.26-0.260.38-0.78-0.94-0.99-0.4-0.810.2-0.57-0.550.73-0.78-0.72-0.3-0.86-0.68-0.680.03-0.8-0.64-0.94-0.75
0.970.760.460.41-0.280.890.740.820.560.96-0.020.450.66-0.510.590.850.48-0.860.410.860.110.90.610.790.73
0.430.780.020.0-0.070.430.810.72-0.080.42-0.350.280.27-0.680.660.630.21-0.680.410.38-0.210.60.240.570.35
0.910.620.480.270.060.960.570.670.680.830.240.580.88-0.160.550.790.72-0.680.860.380.00.890.420.70.55
0.150.010.270.940.14-0.010.02-0.01-0.050.20.06-0.120.170.15-0.63-0.01-0.130.030.11-0.210.00.00.11-0.06-0.15
0.950.740.470.30.040.910.730.80.410.930.090.390.74-0.430.620.940.54-0.80.90.60.890.00.470.710.57
0.560.550.520.3-0.310.450.50.620.550.58-0.350.570.29-0.480.410.39-0.09-0.640.610.240.420.110.470.560.47
0.740.90.250.19-0.340.780.860.930.510.72-0.060.690.61-0.590.770.570.41-0.940.790.570.7-0.060.710.560.81
0.60.650.120.05-0.60.640.630.660.480.59-0.240.450.27-0.680.640.530.34-0.750.730.350.55-0.150.570.470.81
Click cells to compare fundamentals

Colgate Palmolive Account Relationship Matchups

Colgate Palmolive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B15.9B15.0B15.7B16.4B10.1B
Short Long Term Debt Total7.8B7.6B7.2B8.9B9.1B9.5B
Other Current Liab3.5B4.1B4B2.3B2.3B1.9B
Total Current Liabilities11.4B4.1B4B4.0B4.7B3.4B
Total Stockholder Equity(102M)117M743M609M401M1.1B
Property Plant And Equipment Net3.8B3.7B3.7B4.3B5.1B3.1B
Net Debt7.0B6.7B6.4B8.1B8.1B8.5B
Retained Earnings22.5B23.7B24.4B24.6B25.3B26.6B
Cash883M888M832M775M966M557.7M
Non Current Assets Total10.9B11.6B10.6B10.6B11.1B6.7B
Non Currrent Assets Other930M1.1B1.2B834M447M424.7M
Cash And Short Term Investments883M888M832M775M1.1B1.2B
Net Receivables1.4B1.3B1.3B1.5B1.6B1.3B
Common Stock Shares Outstanding861.1M859.3M848.3M838.8M829.2M849.6M
Liabilities And Stockholders Equity15.0B15.9B15.0B15.7B16.4B10.1B
Non Current Liabilities Total3.1B10.7B10.1B10.9B10.7B11.2B
Inventory1.4B1.7B1.7B2.1B1.9B1.1B
Other Current Assets456M513M576M760M614M416.2M
Other Stockholder Equity(19.6B)(20.1B)(20.8B)(21.6B)(22.2B)(21.1B)
Total Liab14.5B14.8B14.1B14.9B15.4B8.5B
Property Plant And Equipment Gross3.8B3.7B8.9B9.6B10.3B10.8B
Accumulated Other Comprehensive Income(4.3B)(4.3B)(4.4B)(4.1B)(3.9B)(3.7B)
Short Term Debt7.8B404M188M133M425M403.8M
Accounts Payable1.2B1.4B1.5B1.6B1.7B1.1B
Intangible Assets2.7B2.9B2.5B1.9B1.9B2.0B
Other Liab2.6B3.1B2.8B1.8B2.1B1.8B
Current Deferred Revenue(1.2B)(1.8B)(1.7B)336M302.4M317.5M
Other Assets374M1.1M1.2B1.0B1.2B1.3B
Long Term Debt7.3B7.3B7.2B8.8B8.2B5.4B
Good Will3.5B3.8B3.3B3.4B3.4B2.6B
Treasury Stock(21.2B)(22.1B)(23.0B)(24.1B)(21.7B)(20.6B)
Property Plant Equipment3.8B3.7B3.7B4.3B5.0B3.7B
Net Tangible Assets117M(6.0B)(5.1B)(4.9B)(4.4B)(4.2B)
Noncontrolling Interest In Consolidated Entity441M358M362M405M465.8M280.0M
Retained Earnings Total Equity22.5B23.7B24.4B24.6B28.3B20.0B

Pair Trading with Colgate Palmolive

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

Moving together with Colgate Stock

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The ability to find closely correlated positions to Colgate Palmolive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colgate Palmolive 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 Colgate Palmolive - 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 Colgate Palmolive to buy it.
The correlation of Colgate Palmolive 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 Colgate Palmolive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colgate Palmolive 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 Colgate Palmolive 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 Colgate Palmolive is a strong investment it is important to analyze Colgate Palmolive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Colgate Palmolive's future performance. For an informed investment choice regarding Colgate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Colgate Palmolive'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 Colgate Palmolive. If investors know Colgate 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 Colgate Palmolive 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
0.855
Dividend Share
1.92
Earnings Share
3.15
Revenue Per Share
23.935
Quarterly Revenue Growth
0.062
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive'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 Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive'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 Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive'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.