Kimball Short Long Term Debt vs Total Assets Analysis
KE Stock | USD 19.17 0.08 0.42% |
Kimball Electronics financial indicator trend analysis is infinitely more than just investigating Kimball Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimball Electronics is a good investment. Please check the relationship between Kimball Electronics Short Long Term Debt and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
Short Long Term Debt vs Total Assets
Short Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimball Electronics Short Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kimball Electronics' Short Long Term Debt and Total Assets is 0.83. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Kimball Electronics, assuming nothing else is changed. The correlation between historical values of Kimball Electronics' Short Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Kimball Electronics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt i.e., Kimball Electronics' Short Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Total Assets
Total assets refers to the total amount of Kimball Electronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kimball Electronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Kimball Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimball Electronics 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 Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.As of November 18, 2024, Selling General Administrative is expected to decline to about 46.5 M. In addition to that, Tax Provision is expected to decline to about 4.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.7M | 16.3M | 22.8M | 24.0M | Depreciation And Amortization | 29.4M | 32.4M | 38.0M | 23.0M |
Kimball Electronics fundamental ratios Correlations
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Kimball Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kimball Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 25.4M | 25.3M | 25.2M | 25.1M | 25.3M | 21.8M | |
Total Assets | 774.8M | 814.1M | 1.0B | 1.3B | 1.2B | 773.4M | |
Other Current Liab | 35.1M | 39.4M | 55.6M | 66.7M | 65.9M | 35.4M | |
Total Current Liabilities | 272.6M | 300.8M | 408.7M | 475.1M | 375.3M | 275.1M | |
Total Stockholder Equity | 379.4M | 442.0M | 454.0M | 524.0M | 540.5M | 403.2M | |
Property Plant And Equipment Net | 154.5M | 163.3M | 206.8M | 267.7M | 269.7M | 168.4M | |
Net Debt | 53.1M | (40.2M) | 130.7M | 238.5M | 216.9M | 227.7M | |
Accounts Payable | 203.7M | 216.5M | 308.6M | 322.3M | 213.6M | 203.3M | |
Cash | 65.0M | 106.4M | 49.9M | 43.0M | 78.0M | 56.6M | |
Non Current Assets Total | 216.4M | 230.7M | 274.7M | 330.3M | 360.9M | 218.7M | |
Non Currrent Assets Other | 30.5M | 38.4M | 41.1M | 38.3M | 82.1M | 86.2M | |
Cash And Short Term Investments | 65.0M | 106.4M | 49.9M | 43.0M | 78.0M | 56.6M | |
Net Receivables | 250.5M | 249.2M | 286.9M | 387.0M | 358.7M | 235.2M | |
Liabilities And Stockholders Equity | 774.8M | 814.1M | 1.0B | 1.3B | 1.2B | 773.4M | |
Non Current Liabilities Total | 122.9M | 71.3M | 173.1M | 260.6M | 292.1M | 306.7M | |
Inventory | 219.0M | 200.4M | 395.6M | 450.3M | 338.1M | 231.2M | |
Other Current Assets | 23.9M | 27.3M | 28.7M | 49.2M | 72.3M | 75.9M | |
Other Stockholder Equity | 237.7M | 237.9M | 233.4M | 239.0M | 241.7M | 201.7M | |
Total Liab | 395.5M | 372.1M | 581.8M | 735.7M | 667.5M | 370.3M | |
Property Plant And Equipment Gross | 154.5M | 163.3M | 478.0M | 560.9M | 579.2M | 608.1M | |
Total Current Assets | 558.4M | 583.4M | 761.1M | 929.4M | 847.0M | 554.7M | |
Accumulated Other Comprehensive Income | (10.6M) | (4.9M) | (19.7M) | (11.0M) | (17.8M) | (16.9M) | |
Intangible Assets | 19.3M | 17.0M | 14.7M | 12.3M | 3.0M | 2.8M | |
Other Liab | 30.2M | 31.3M | 28.1M | 23.0M | 26.4M | 22.0M | |
Other Assets | 28.5M | 38.4M | 69.8M | 35.7M | 41.0M | 30.3M | |
Property Plant Equipment | 156.6M | 163.3M | 206.8M | 267.7M | 307.8M | 163.0M | |
Net Tangible Assets | 348.0M | 413.0M | 427.3M | 499.6M | 574.6M | 391.7M | |
Retained Earnings | 152.2M | 209.0M | 240.2M | 296.1M | 316.6M | 163.1M | |
Short Long Term Debt | 26.6M | 26.2M | 35.6M | 46.5M | 59.8M | 62.8M | |
Short Term Debt | 26.6M | 26.2M | 35.6M | 46.5M | 59.8M | 62.8M | |
Common Stock | 369.9M | 379.4M | 442.0M | 454.0M | 522.1M | 548.2M | |
Retained Earnings Total Equity | 134.0M | 152.2M | 209.0M | 296.1M | 340.5M | 357.5M | |
Capital Surpluse | 305.9M | 306.8M | 308.1M | 315.5M | 362.8M | 335.9M | |
Treasury Stock | (62.4M) | (69.1M) | (70.2M) | (76.5M) | (68.8M) | (72.3M) | |
Non Current Liabilities Other | 21.6M | 22.5M | 20.2M | 19.7M | 53.9M | 56.6M | |
Short Long Term Debt Total | 118.1M | 66.2M | 180.6M | 281.5M | 294.8M | 309.6M | |
Current Deferred Revenue | 7.1M | 7.6M | 22.5M | 33.9M | 30.2M | 20.1M |
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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 Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Electronic Equipment, Instruments & Components 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 0.906 | Earnings Share 0.5 | Revenue Per Share 65.86 | Quarterly Revenue Growth 0.15 | Return On Assets 0.0358 |
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.