Let $C$ be a coalgebra and $\Delta: C \to C\otimes C$ a co-multiplication map. Then, due the co-associative property we can consider $\Delta^m$. But how is defined $\Delta^{m}: C \to C^{\otimes m}$?

Given $f,g \in C$ and $1\leq k \leq m$ can we have

$$\begin{align*}\Delta^{m-1}(fg)&=\Delta^{k-1}(fg) \otimes \operatorname{id}^{m-k} + \Delta^{k-1}(f)\otimes \Delta^{m-k-1}(g) \\ &+\Delta^{k-1}(g)\otimes \Delta^{m-k-1}(f)+\operatorname{id}^{\otimes k} \otimes \Delta^{m-k-1}(fg)?\end{align*}$$

Thanks.