Kingsway Non Recurring vs Net Interest Income Analysis

KFS Stock  USD 13.85  0.49  3.67%   
Kingsway Financial financial indicator trend analysis is infinitely more than just investigating Kingsway Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsway Financial is a good investment. Please check the relationship between Kingsway Financial Non Recurring and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Non Recurring vs Net Interest Income

Non Recurring vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsway Financial Non Recurring account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kingsway Financial's Non Recurring and Net Interest Income is 0.18. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Kingsway Financial Services, assuming nothing else is changed. The correlation between historical values of Kingsway Financial's Non Recurring and Net Interest Income 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 Recurring of Kingsway Financial Services are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Non Recurring i.e., Kingsway Financial's Non Recurring and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Kingsway Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsway Financial 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 Kingsway Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Kingsway Financial's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 8.7 M in 2025, whereas Tax Provision is likely to drop (154.3 K) in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit90.6M76.0M82.6M78.5M
Total Revenue114.7M107.7M109.4M103.9M

Kingsway Financial fundamental ratios Correlations

0.160.77-0.450.67-0.210.160.380.190.160.330.820.680.26-0.160.510.980.270.51-0.6-0.540.190.70.380.3-0.33
0.16-0.250.43-0.29-0.690.760.68-0.49-0.390.75-0.27-0.40.58-0.08-0.50.0-0.33-0.420.570.230.66-0.35-0.66-0.450.66
0.77-0.25-0.390.770.25-0.44-0.170.310.18-0.280.870.91-0.120.150.880.840.310.36-0.86-0.51-0.350.980.770.41-0.39
-0.450.43-0.39-0.46-0.070.260.18-0.8-0.60.15-0.61-0.440.150.34-0.39-0.51-0.09-0.860.580.250.22-0.33-0.39-0.740.91
0.67-0.290.77-0.460.01-0.31-0.160.40.51-0.240.80.55-0.47-0.440.520.70.440.53-0.82-0.57-0.360.760.770.44-0.46
-0.21-0.690.25-0.070.01-0.7-0.60.05-0.16-0.630.170.45-0.280.550.55-0.090.25-0.08-0.45-0.2-0.510.380.51-0.01-0.14
0.160.76-0.440.26-0.31-0.70.82-0.42-0.20.9-0.32-0.510.6-0.37-0.680.02-0.19-0.090.620.140.85-0.52-0.72-0.30.4
0.380.68-0.170.18-0.16-0.60.82-0.51-0.160.93-0.02-0.210.66-0.25-0.460.27-0.040.030.41-0.050.88-0.23-0.62-0.360.28
0.19-0.490.31-0.80.40.05-0.42-0.510.69-0.430.350.31-0.35-0.260.380.26-0.010.6-0.51-0.06-0.480.250.490.81-0.78
0.16-0.390.18-0.60.51-0.16-0.2-0.160.69-0.140.240.07-0.33-0.670.010.220.130.62-0.31-0.08-0.160.110.280.55-0.67
0.330.75-0.280.15-0.24-0.630.90.93-0.43-0.14-0.15-0.30.76-0.29-0.550.2-0.12-0.010.470.040.96-0.36-0.69-0.390.31
0.82-0.270.87-0.610.80.17-0.32-0.020.350.24-0.150.82-0.14-0.080.740.880.240.56-0.86-0.48-0.260.850.680.45-0.56
0.68-0.40.91-0.440.550.45-0.51-0.210.310.07-0.30.820.00.380.940.770.30.4-0.84-0.47-0.340.920.720.38-0.47
0.260.58-0.120.15-0.47-0.280.60.66-0.35-0.330.76-0.140.00.26-0.20.21-0.31-0.170.390.220.83-0.2-0.6-0.290.24
-0.16-0.080.150.34-0.440.55-0.37-0.25-0.26-0.67-0.29-0.080.380.260.47-0.1-0.08-0.49-0.030.08-0.210.210.09-0.250.29
0.51-0.50.88-0.390.520.55-0.68-0.460.380.01-0.550.740.94-0.20.470.610.290.28-0.85-0.43-0.580.90.830.44-0.44
0.980.00.84-0.510.7-0.090.020.270.260.220.20.880.770.21-0.10.610.260.55-0.69-0.510.10.770.480.38-0.45
0.27-0.330.31-0.090.440.25-0.19-0.04-0.010.13-0.120.240.3-0.31-0.080.290.260.37-0.47-0.93-0.180.410.510.01-0.14
0.51-0.420.36-0.860.53-0.08-0.090.030.60.62-0.010.560.4-0.17-0.490.280.550.37-0.53-0.48-0.090.330.360.67-0.87
-0.60.57-0.860.58-0.82-0.450.620.41-0.51-0.310.47-0.86-0.840.39-0.03-0.85-0.69-0.47-0.530.620.53-0.9-0.92-0.470.58
-0.540.23-0.510.25-0.57-0.20.14-0.05-0.06-0.080.04-0.48-0.470.220.08-0.43-0.51-0.93-0.480.620.14-0.58-0.56-0.130.23
0.190.66-0.350.22-0.36-0.510.850.88-0.48-0.160.96-0.26-0.340.83-0.21-0.580.1-0.18-0.090.530.14-0.41-0.74-0.450.32
0.7-0.350.98-0.330.760.38-0.52-0.230.250.11-0.360.850.92-0.20.210.90.770.410.33-0.9-0.58-0.410.830.35-0.36
0.38-0.660.77-0.390.770.51-0.72-0.620.490.28-0.690.680.72-0.60.090.830.480.510.36-0.92-0.56-0.740.830.46-0.47
0.3-0.450.41-0.740.44-0.01-0.3-0.360.810.55-0.390.450.38-0.29-0.250.440.380.010.67-0.47-0.13-0.450.350.46-0.8
-0.330.66-0.390.91-0.46-0.140.40.28-0.78-0.670.31-0.56-0.470.240.29-0.44-0.45-0.14-0.870.580.230.32-0.36-0.47-0.8
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Kingsway Financial Account Relationship Matchups

Kingsway Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets452.5M475.6M285.7M197.7M186.6M177.3M
Total Stockholder Equity4.5M773K21.7M27.7M16.7M15.8M
Property Plant And Equipment Net98.0M110.8M1.7M2.7M4.0M3.8M
Retained Earnings(394.8M)(395.1M)(370.4M)(346.9M)(361.5M)(343.4M)
Non Current Assets Total361.8M386.8M80.3M135.5M104.9M139.6M
Non Currrent Assets Other(27.6M)(28.6M)(60.9M)(135.5M)(28.8M)(30.3M)
Other Assets55.8M55.5M130.7M42.9M66.9M63.5M
Net Receivables20.3M20.6M14.0M10.1M9.4M8.9M
Common Stock Shares Outstanding22.2M22.5M25.3M26.4M27.2M17.2M
Liabilities And Stockholders Equity452.5M475.6M285.7M197.7M186.6M177.3M
Other Stockholder Equity316.7M327.9M359.5M376.1M370.6M220.2M
Total Current Assets34.8M33.4M74.6M19.3M14.9M14.1M
Intangible Assets84.1M108.2M33.1M35.7M40.0M60.7M
Short Long Term Debt Total271.5M386.8M103.3M45.6M60.2M57.2M
Other Current Liab(87.9M)(89.2M)(945K)(84.0M)(96.6M)(101.4M)
Total Current Liabilities2.9M294K2.2M504K453.6K430.9K
Net Debt257.1M282.6M39.1M36.5M54.7M52.0M
Total Liab387.0M413.0M263.5M173.1M168.3M159.9M
Accumulated Other Comprehensive Income38.1M30.8M26.6M(1.5M)(718K)(682.1K)
Other Liab86.5M116.9M117.8M86.9M78.2M74.3M
Net Tangible Assets(160.8M)(207.3M)(224.2M)(56.9M)(51.2M)(53.8M)
Noncontrolling Interest In Consolidated Entity11.8M13.1M14.0M437K502.6K477.4K
Accounts Payable2.8M(265.4M)(93.8M)56.7M51.1M53.6M
Cash14.4M12.6M64.2M9.1M5.5M5.2M
Long Term Debt268.3M292.7M34.3M44.4M57.5M54.7M
Good Will121.1M110.2M45.5M50.4M56.5M54.2M
Retained Earnings Total Equity(382.2M)(388.1M)(395.1M)(370.4M)(333.4M)(316.7M)
Other Current Assets(66.1M)(39.2M)(92.6M)(30.7M)(27.6M)(29.0M)
Deferred Long Term Liab75.7M85.3M28.6M4.2M4.8M4.6M
Long Term Investments58.6M57.5M58.1M41.9M41.3M45.3M
Common Stock470K38.1M30.8M26.6M23.9M22.7M
Property Plant Equipment98.0M110.8M773K2.7M4.0M3.8M
Cash And Short Term Investments14.5M12.8M64.3M9.3M5.5M5.2M

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