Kingsoft Tax Provision vs Total Operating Expenses Analysis
KC Stock | USD 7.21 1.43 24.74% |
Kingsoft Cloud financial indicator trend analysis is infinitely more than just investigating Kingsoft Cloud Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsoft Cloud Holdings is a good investment. Please check the relationship between Kingsoft Cloud Tax Provision and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsoft Cloud Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Tax Provision vs Total Operating Expenses
Tax Provision vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsoft Cloud Holdings Tax Provision account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kingsoft Cloud's Tax Provision and Total Operating Expenses is 0.94. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Kingsoft Cloud Holdings, assuming nothing else is changed. The correlation between historical values of Kingsoft Cloud's Tax Provision and Total 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 Tax Provision of Kingsoft Cloud Holdings are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Tax Provision i.e., Kingsoft Cloud's Tax Provision and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Kingsoft Cloud's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsoft Cloud Holdings 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 Kingsoft Cloud Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of November 24, 2024, Tax Provision is expected to decline to about 14.5 M. In addition to that, Selling General Administrative is expected to decline to about 497.9 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 855.6M | 1.2B | 940.5M | 803.2M | Interest Income | 71.9M | 80.7M | 78.4M | 82.2M |
Kingsoft Cloud fundamental ratios Correlations
Click cells to compare fundamentals
Kingsoft Cloud Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsoft Cloud fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 12.0B | 21.1B | 17.3B | 15.1B | 14.2B | |
Short Long Term Debt Total | 174.4M | 612.3M | 1.6B | 1.2B | 1.7B | 1.0B | |
Other Current Liab | 985.8M | 988.6M | 3.1B | 3.3B | 2.4B | 2.1B | |
Total Current Liabilities | 2.4B | 3.5B | 7.5B | 6.7B | 6.8B | 5.2B | |
Total Stockholder Equity | (4.2B) | 8.2B | 10.6B | 8.8B | 6.9B | 5.0B | |
Property Plant And Equipment Net | 1.8B | 2.3B | 2.6B | 2.4B | 2.3B | 2.3B | |
Current Deferred Revenue | 79.6M | 191.4M | 379.0M | 428.7M | 1.2B | 1.2B | |
Net Debt | (1.8B) | (2.8B) | (2.6B) | (2.2B) | (532.8M) | (559.5M) | |
Retained Earnings | (4.9B) | (5.9B) | (7.5B) | (10.1B) | (12.3B) | (11.7B) | |
Accounts Payable | 1.3B | 2.1B | 2.9B | 2.3B | 1.8B | 2.0B | |
Cash | 2.0B | 3.4B | 4.2B | 3.4B | 2.3B | 3.1B | |
Non Current Assets Total | 1.9B | 2.4B | 8.7B | 8.3B | 9.0B | 5.7B | |
Non Currrent Assets Other | 2.5M | 11.8M | 34.8M | 27.0M | 870.8M | 914.3M | |
Other Assets | 38.8M | 17.6M | 42.6M | 27.0M | 24.3M | 30.8M | |
Cash And Short Term Investments | 2.2B | 6.1B | 6.7B | 4.7B | 2.3B | 2.1B | |
Net Receivables | 1.5B | 2.5B | 4.3B | 3.1B | 2.3B | 2.7B | |
Liabilities And Stockholders Equity | 6.0B | 12.0B | 21.1B | 17.3B | 15.1B | 14.2B | |
Non Current Liabilities Total | 7.8B | 223.6M | 2.1B | 1.1B | 995.8M | 946.0M | |
Other Current Assets | 17.6M | 887.1M | 1.4B | 1.2B | 1.5B | 923.0M | |
Other Stockholder Equity | 91.7M | 14.1B | 18.2B | 18.4B | 18.6B | 13.0B | |
Total Liab | 10.2B | 3.7B | 9.6B | 7.7B | 7.8B | 6.4B | |
Net Invested Capital | (4.1B) | 8.6B | 12.0B | 9.7B | 8.1B | 5.7B | |
Long Term Investments | 114.9M | 126.6M | 207.2M | 273.6M | 259.9M | 181.0M | |
Property Plant And Equipment Gross | 1.7B | 2.2B | 2.6B | 2.4B | 7.3B | 7.7B | |
Short Long Term Debt | 100M | 352.8M | 1.3B | 909.5M | 1.1B | 715.4M | |
Total Current Assets | 4.1B | 9.5B | 12.4B | 9.0B | 6.1B | 8.4B | |
Accumulated Other Comprehensive Income | 484.3M | (68.4M) | (207.9M) | 453.1M | 577.1M | 304.0M | |
Capital Stock | 128.7M | 22.8M | 24.8M | 25.1M | 25.4M | 47.3M | |
Net Working Capital | 1.7B | 6.0B | 4.9B | 2.4B | (730.5M) | (693.9M) | |
Short Term Debt | 100M | 429.3M | 1.5B | 1.0B | 1.2B | 795.5M | |
Intangible Assets | 7.4M | 16.6M | 1.2B | 1.0B | 834.5M | 558.5M | |
Common Stock | 5.6M | 22.8M | 24.8M | 25.1M | 25.4M | 19.9M | |
Property Plant Equipment | 1.7B | 2.3B | 2.6B | 2.4B | 2.7B | 2.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsoft Cloud Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Data Processing & Outsourced Services space 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 Kingsoft Cloud. If investors know Kingsoft 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 Kingsoft Cloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18) | Revenue Per Share 29.221 | Quarterly Revenue Growth 0.031 | Return On Assets (0.05) | Return On Equity (0.24) |
The market value of Kingsoft Cloud Holdings is measured differently than its book value, which is the value of Kingsoft that is recorded on the company's balance sheet. Investors also form their own opinion of Kingsoft Cloud's value that differs from its market value or its book value, called intrinsic value, which is Kingsoft Cloud'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 Kingsoft Cloud's market value can be influenced by many factors that don't directly affect Kingsoft Cloud'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 Kingsoft Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kingsoft Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kingsoft Cloud'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.