Kaiser Non Current Assets Total vs Accounts Payable Analysis

KALU Stock  USD 96.11  1.78  1.89%   
Kaiser Aluminum financial indicator trend analysis is infinitely more than just investigating Kaiser Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaiser Aluminum is a good investment. Please check the relationship between Kaiser Aluminum Non Current Assets Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. 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 Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaiser Aluminum Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kaiser Aluminum's Non Current Assets Total and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kaiser Aluminum, assuming nothing else is changed. The correlation between historical values of Kaiser Aluminum's Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kaiser Aluminum are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Kaiser Aluminum's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Kaiser Aluminum obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kaiser Aluminum are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Kaiser Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaiser Aluminum 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. 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 Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.At this time, Kaiser Aluminum's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 17.40 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense49.5M48.3M43.9M46.1M
Depreciation And Amortization91.5M106.9M108.6M114.0M

Kaiser Aluminum fundamental ratios Correlations

0.210.040.740.5-0.50.240.160.390.1-0.250.410.21-0.31-0.140.840.230.45-0.02-0.590.320.0-0.040.85-0.010.98
0.210.80.310.76-0.350.820.67-0.010.770.180.860.170.010.660.170.850.79-0.05-0.480.880.510.870.18-0.20.23
0.040.80.370.63-0.570.810.86-0.340.880.20.660.010.00.880.310.960.67-0.25-0.540.940.850.710.31-0.250.06
0.740.310.370.79-0.730.490.510.110.45-0.290.41-0.11-0.410.270.810.430.590.14-0.720.560.40.130.810.020.68
0.50.760.630.79-0.550.740.720.070.76-0.210.780.03-0.380.590.520.670.840.24-0.60.810.50.530.52-0.020.46
-0.5-0.35-0.57-0.73-0.55-0.75-0.630.34-0.620.16-0.340.170.34-0.53-0.61-0.67-0.670.490.91-0.69-0.56-0.27-0.620.16-0.47
0.240.820.810.490.74-0.750.8-0.320.86-0.050.7-0.09-0.250.80.250.880.89-0.37-0.770.910.660.720.26-0.20.23
0.160.670.860.510.72-0.630.8-0.470.92-0.320.760.0-0.480.890.430.850.83-0.22-0.490.870.90.40.42-0.160.17
0.39-0.01-0.340.110.070.34-0.32-0.47-0.430.28-0.08-0.010.37-0.490.15-0.3-0.270.41-0.03-0.22-0.530.060.150.160.41
0.10.770.880.450.76-0.620.860.92-0.43-0.140.750.02-0.350.940.330.890.82-0.2-0.540.910.790.580.32-0.230.11
-0.250.180.2-0.29-0.210.16-0.05-0.320.28-0.14-0.240.020.92-0.09-0.230.15-0.36-0.04-0.050.06-0.140.54-0.23-0.14-0.23
0.410.860.660.410.78-0.340.70.76-0.080.75-0.240.32-0.410.60.40.750.870.02-0.350.810.560.480.41-0.240.44
0.210.170.01-0.110.030.17-0.090.0-0.010.020.020.32-0.06-0.070.140.080.090.140.230.07-0.03-0.020.15-0.020.14
-0.310.010.0-0.41-0.380.34-0.25-0.480.37-0.350.92-0.41-0.06-0.27-0.33-0.07-0.55-0.020.1-0.16-0.310.41-0.330.05-0.29
-0.140.660.880.270.59-0.530.80.89-0.490.94-0.090.6-0.07-0.270.150.830.68-0.29-0.440.820.830.550.14-0.22-0.13
0.840.170.310.810.52-0.610.250.430.150.33-0.230.40.14-0.330.150.410.42-0.08-0.590.470.36-0.11.0-0.080.84
0.230.850.960.430.67-0.670.880.85-0.30.890.150.750.08-0.070.830.410.78-0.37-0.670.980.780.710.41-0.290.25
0.450.790.670.590.84-0.670.890.83-0.270.82-0.360.870.09-0.550.680.420.78-0.17-0.620.850.590.490.42-0.180.44
-0.02-0.05-0.250.140.240.49-0.37-0.220.41-0.2-0.040.020.14-0.02-0.29-0.08-0.37-0.170.45-0.23-0.23-0.11-0.080.3-0.08
-0.59-0.48-0.54-0.72-0.60.91-0.77-0.49-0.03-0.54-0.05-0.350.230.1-0.44-0.59-0.67-0.620.45-0.7-0.4-0.47-0.60.12-0.58
0.320.880.940.560.81-0.690.910.87-0.220.910.060.810.07-0.160.820.470.980.85-0.23-0.70.760.720.47-0.240.33
0.00.510.850.40.5-0.560.660.9-0.530.79-0.140.56-0.03-0.310.830.360.780.59-0.23-0.40.760.310.35-0.220.01
-0.040.870.710.130.53-0.270.720.40.060.580.540.48-0.020.410.55-0.10.710.49-0.11-0.470.720.31-0.09-0.1-0.03
0.850.180.310.810.52-0.620.260.420.150.32-0.230.410.15-0.330.141.00.410.42-0.08-0.60.470.35-0.09-0.080.85
-0.01-0.2-0.250.02-0.020.16-0.2-0.160.16-0.23-0.14-0.24-0.020.05-0.22-0.08-0.29-0.180.30.12-0.24-0.22-0.1-0.08-0.07
0.980.230.060.680.46-0.470.230.170.410.11-0.230.440.14-0.29-0.130.840.250.44-0.08-0.580.330.01-0.030.85-0.07
Click cells to compare fundamentals

Kaiser Aluminum Account Relationship Matchups

Kaiser Aluminum fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.2M15.9M15.8M15.9M16.1M15.3M
Total Assets1.5B1.9B2.4B2.3B2.3B1.6B
Short Long Term Debt Total517.8M863.7M1.1B1.1B1.1B1.1B
Other Current Liab78.4M72.2M105.3M113.6M117.3M150.7M
Total Current Liabilities170.4M158.3M456.7M418.7M370M290.4M
Total Stockholder Equity733.9M732.4M692.5M631.2M652.2M684.8M
Property Plant And Equipment Net647.8M653.7M1.0B1.1B1.1B590.2M
Net Debt253.5M83.4M773.9M1.0B996.7M1.0B
Retained Earnings172.8M158.2M93M13.3M10.1M10.6M
Accounts Payable92M86.1M351.4M305.1M252.7M265.3M
Cash264.3M780.3M303.2M57.4M82.4M112.4M
Non Current Assets Total746.4M743.3M1.2B1.2B1.3B1.0B
Non Currrent Assets Other22.5M44.1M89.7M96.1M98.7M93.8M
Cash And Short Term Investments343M780.3M303.2M57.4M82.4M141.1M
Net Receivables239.8M160.5M448.9M429.3M396.1M415.9M
Liabilities And Stockholders Equity1.5B1.9B2.4B2.3B2.3B1.6B
Non Current Liabilities Total621.9M974M1.3B1.2B1.2B1.1B
Inventory177.6M152M404.6M525.4M477.2M253.1M
Other Current Assets19.4M28.6M48.7M30.5M34.5M50.9M
Other Stockholder Equity599.5M592.7M603M614.5M628.8M747.2M
Total Liab792.3M1.1B1.7B1.7B1.6B1.4B
Property Plant And Equipment Gross646.2M653.7M1.0B1.1B1.7B1.8B
Total Current Assets779.8M1.1B1.2B1.0B990.2M580.3M
Accumulated Other Comprehensive Income(38.6M)(18.7M)(3.7M)3.2M13.1M13.8M
Other Liab98.7M110.3M196.1M160.4M144.4M137.1M
Other Assets51.8M44.1M108.6M120M108M102.6M
Long Term Debt492.6M838.1M1.0B1.0B1.0B1.1B
Property Plant Equipment622M627.2M1.0B1.0B1.2B619.1M
Intangible Assets29.6M26.7M67.7M55.3M50M32.5M
Treasury Stock(358.6M)(420.5M)(463.4M)(475.9M)(428.3M)(406.9M)
Net Tangible Assets685.5M686.9M585.5M557.1M501.4M614.8M
Retained Earnings Total Equity172.8M158.2M93M13.3M12.0M11.4M
Long Term Debt Total492.6M838.1M1.0B1.0B1.2B1.3B
Capital Surpluse1.1B1.1B1.1B1.1B1.3B1.1B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Kaiser Aluminum is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kaiser Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kaiser Aluminum Stock. Highlighted below are key reports to facilitate an investment decision about Kaiser Aluminum Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. 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 Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Kaiser Stock analysis

When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Stocks Directory
Find actively traded stocks across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Is Kaiser Aluminum'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 Kaiser Aluminum. If investors know Kaiser 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 Kaiser Aluminum 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
0.525
Dividend Share
3.08
Earnings Share
3.44
Revenue Per Share
188.406
Quarterly Revenue Growth
(0.09)
The market value of Kaiser Aluminum is measured differently than its book value, which is the value of Kaiser that is recorded on the company's balance sheet. Investors also form their own opinion of Kaiser Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Kaiser Aluminum'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 Kaiser Aluminum's market value can be influenced by many factors that don't directly affect Kaiser Aluminum'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 Kaiser Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaiser Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaiser Aluminum'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.