Kingstone Net Invested Capital vs Net Working Capital Analysis

KINS Stock

USD 11.36 0.48 4.41%

Kingstone Companies financial indicator trend analysis is infinitely more than just investigating Kingstone Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingstone Companies is a good investment. Please check the relationship between Kingstone Companies Net Invested Capital and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingstone Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Kingstone Stock please use our How to Invest in Kingstone Companies guide.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingstone Companies Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kingstone Companies' Net Invested Capital and Net Working Capital is 0.66. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Kingstone Companies, assuming nothing else is changed. The correlation between historical values of Kingstone Companies' Net Invested Capital and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Kingstone Companies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Kingstone Companies' Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

Most indicators from Kingstone Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingstone Companies 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 Kingstone Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Kingstone Stock please use our How to Invest in Kingstone Companies guide.Issuance Of Capital Stock is likely to gain to about 73 K in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	157.0M	127.0M	123.1M	129.3M
Total Revenue	161.2M	130.2M	144.2M	151.4M

Gross Profit Total Revenue

Kingstone Companies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Non Currrent Assets Other	Intangible Assets	Non Current Liabilities Total	Short Term Debt
Total Assets		0.36	0.31	-0.34	0.75	0.91	0.43	0.05	0.89	0.6	-0.58	0.74	0.19	0.91	0.9	-0.2	0.33	0.95	0.97	0.9	-0.31	0.94	-0.59	0.3	-0.35	0.56
Short Long Term Debt Total	0.36		0.24	-0.1	0.45	0.2	0.01	0.32	0.5	0.4	-0.32	0.47	-0.14	0.29	0.33	0.14	0.12	0.29	0.29	0.25	-0.07	0.3	-0.27	-0.21	-0.1	0.19
Other Current Liab	0.31	0.24		0.2	0.01	0.47	0.62	-0.41	0.4	-0.01	-0.66	0.06	0.28	0.2	0.06	-0.28	0.51	0.36	0.38	0.46	0.21	0.2	-0.66	0.31	0.19	0.59
Total Current Liabilities	-0.34	-0.1	0.2		-0.32	-0.27	0.06	-0.07	-0.13	-0.34	0.37	-0.28	-0.07	-0.38	-0.31	0.07	-0.11	-0.37	-0.31	-0.27	1.0	-0.39	0.29	-0.03	1.0	-0.2
Total Stockholder Equity	0.75	0.45	0.01	-0.32		0.42	-0.09	0.68	0.63	0.85	-0.23	0.89	-0.23	0.75	0.81	0.23	-0.19	0.68	0.57	0.47	-0.28	0.77	-0.31	-0.34	-0.31	0.01
Property Plant And Equipment Net	0.91	0.2	0.47	-0.27	0.42		0.7	-0.36	0.83	0.3	-0.71	0.43	0.5	0.81	0.73	-0.5	0.57	0.92	0.97	0.98	-0.25	0.82	-0.68	0.62	-0.29	0.77
Net Debt	0.43	0.01	0.62	0.06	-0.09	0.7		-0.61	0.41	-0.35	-0.73	-0.05	0.57	0.29	0.24	-0.57	0.58	0.46	0.57	0.69	0.05	0.28	-0.74	0.63	0.03	0.54
Retained Earnings	0.05	0.32	-0.41	-0.07	0.68	-0.36	-0.61		-0.01	0.57	0.33	0.61	-0.7	0.08	0.25	0.7	-0.69	-0.06	-0.17	-0.31	-0.04	0.12	0.23	-0.84	-0.05	-0.63
Accounts Payable	0.89	0.5	0.4	-0.13	0.63	0.83	0.41	-0.01		0.5	-0.53	0.61	0.2	0.75	0.74	-0.2	0.54	0.8	0.88	0.84	-0.1	0.77	-0.56	0.2	-0.14	0.62
Cash	0.6	0.4	-0.01	-0.34	0.85	0.3	-0.35	0.57	0.5		-0.05	0.76	-0.21	0.63	0.64	0.21	-0.21	0.59	0.44	0.33	-0.31	0.66	-0.04	-0.27	-0.33	0.09
Non Current Assets Total	-0.58	-0.32	-0.66	0.37	-0.23	-0.71	-0.73	0.33	-0.53	-0.05		-0.27	-0.36	-0.46	-0.37	0.36	-0.58	-0.61	-0.63	-0.7	0.36	-0.46	0.93	-0.36	0.38	-0.6
Cash And Short Term Investments	0.74	0.47	0.06	-0.28	0.89	0.43	-0.05	0.61	0.61	0.76	-0.27		-0.48	0.66	0.78	0.48	-0.14	0.59	0.61	0.4	-0.22	0.71	-0.32	-0.28	-0.26	0.03
Net Receivables	0.19	-0.14	0.28	-0.07	-0.23	0.5	0.57	-0.7	0.2	-0.21	-0.36	-0.48		0.25	0.05	-1.0	0.45	0.41	0.32	0.57	-0.12	0.2	-0.25	0.72	-0.1	0.62
Common Stock Total Equity	0.91	0.29	0.2	-0.38	0.75	0.81	0.29	0.08	0.75	0.63	-0.46	0.66	0.25		0.95	-0.27	0.17	0.93	0.87	0.82	-0.36	0.99	-0.44	0.29	-0.39	0.52
Common Stock Shares Outstanding	0.9	0.33	0.06	-0.31	0.81	0.73	0.24	0.25	0.74	0.64	-0.37	0.78	0.05	0.95		-0.07	0.06	0.85	0.83	0.74	-0.27	0.95	-0.39	0.15	-0.3	0.32
Inventory	-0.2	0.14	-0.28	0.07	0.23	-0.5	-0.57	0.7	-0.2	0.21	0.36	0.48	-1.0	-0.27	-0.07		-0.46	-0.41	-0.32	-0.57	0.12	-0.22	0.25	-0.72	0.11	-0.62
Other Current Assets	0.33	0.12	0.51	-0.11	-0.19	0.57	0.58	-0.69	0.54	-0.21	-0.58	-0.14	0.45	0.17	0.06	-0.46		0.3	0.48	0.55	-0.1	0.16	-0.6	0.51	-0.13	0.66
Other Stockholder Equity	0.95	0.29	0.36	-0.37	0.68	0.92	0.46	-0.06	0.8	0.59	-0.61	0.59	0.41	0.93	0.85	-0.41	0.3		0.94	0.94	-0.35	0.94	-0.57	0.43	-0.38	0.63
Total Liab	0.97	0.29	0.38	-0.31	0.57	0.97	0.57	-0.17	0.88	0.44	-0.63	0.61	0.32	0.87	0.83	-0.32	0.48	0.94		0.95	-0.28	0.89	-0.62	0.49	-0.32	0.69
Property Plant And Equipment Gross	0.9	0.25	0.46	-0.27	0.47	0.98	0.69	-0.31	0.84	0.33	-0.7	0.4	0.57	0.82	0.74	-0.57	0.55	0.94	0.95		-0.26	0.83	-0.69	0.57	-0.29	0.74
Total Current Assets	-0.31	-0.07	0.21	1.0	-0.28	-0.25	0.05	-0.04	-0.1	-0.31	0.36	-0.22	-0.12	-0.36	-0.27	0.12	-0.1	-0.35	-0.28	-0.26		-0.36	0.27	-0.06	1.0	-0.21
Common Stock	0.94	0.3	0.2	-0.39	0.77	0.82	0.28	0.12	0.77	0.66	-0.46	0.71	0.2	0.99	0.95	-0.22	0.16	0.94	0.89	0.83	-0.36		-0.45	0.28	-0.39	0.52
Non Currrent Assets Other	-0.59	-0.27	-0.66	0.29	-0.31	-0.68	-0.74	0.23	-0.56	-0.04	0.93	-0.32	-0.25	-0.44	-0.39	0.25	-0.6	-0.57	-0.62	-0.69	0.27	-0.45		-0.24	0.3	-0.43
Intangible Assets	0.3	-0.21	0.31	-0.03	-0.34	0.62	0.63	-0.84	0.2	-0.27	-0.36	-0.28	0.72	0.29	0.15	-0.72	0.51	0.43	0.49	0.57	-0.06	0.28	-0.24		-0.06	0.69
Non Current Liabilities Total	-0.35	-0.1	0.19	1.0	-0.31	-0.29	0.03	-0.05	-0.14	-0.33	0.38	-0.26	-0.1	-0.39	-0.3	0.11	-0.13	-0.38	-0.32	-0.29	1.0	-0.39	0.3	-0.06		-0.23
Short Term Debt	0.56	0.19	0.59	-0.2	0.01	0.77	0.54	-0.63	0.62	0.09	-0.6	0.03	0.62	0.52	0.32	-0.62	0.66	0.63	0.69	0.74	-0.21	0.52	-0.43	0.69	-0.23

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Kingstone Companies Account Relationship Matchups

Kingstone Companies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	321.2M	317.6M	331.3M	320.3M	247.2M	259.6M
Short Long Term Debt Total	7.7B	107.8M	29.8M	25.2M	25.3M	24.0M
Other Current Liab	(21.7M)	(15.4M)	(20.7M)	(13.1M)	74.1M	77.8M
Total Current Liabilities	21.7M	15.4M	20.7M	13.1M	86.9M	166.2M
Total Stockholder Equity	88.2M	92.8M	75.7M	36.2M	34.5M	29.8M
Property Plant And Equipment Net	7.6M	8.1M	9.3M	10.5M	9.4M	9.9M
Net Debt	(2.9M)	10.2M	5.5M	13.2M	16.3M	17.1M
Retained Earnings	16.9M	15.9M	6.9M	(16.9M)	(23.1M)	(22.0M)
Accounts Payable	21.7M	15.4M	20.7M	13.1M	12.8M	13.5M
Cash	32.4M	19.5M	24.3M	12.0M	9.0M	9.0M
Non Current Assets Total	204.8M	207.9M	215.8M	73.3M	188.9M	179.5M
Cash And Short Term Investments	200.6M	177.0M	182.4M	166.7M	9.0M	8.5M
Net Receivables	53.5M	57.3M	52.6M	80.3M	13.6B	14.3B
Common Stock Total Equity	116.2K	117.8K	118.2K	118.7K	136.5K	89.9K
Common Stock Shares Outstanding	10.8M	10.7M	10.6M	10.6M	10.8M	5.6M
Liabilities And Stockholders Equity	321.2M	317.6M	331.3M	320.3M	247.2M	259.6M
Inventory	(59.5M)	(41.8M)	(40.6M)	(110.6M)	(13.6B)	(12.9B)
Other Current Assets	59.5M	41.8M	40.6M	44.2M	58.3M	61.2M
Other Stockholder Equity	66.4M	66.9M	66.9M	69.0M	69.8M	73.3M
Total Liab	233.0M	224.8M	255.6M	284.2M	212.7M	223.3M
Property Plant And Equipment Gross	4.8M	6.1M	7.6M	8.1M	9.3M	9.8M
Total Current Assets	254.1M	234.3M	235.0M	247.0M	58.3M	55.4M
Common Stock	118.2K	118.7K	119.6K	121.7K	122.5K	94.4K
Non Currrent Assets Other	(311.1M)	(4.2B)	(192.3M)	14.1M	139.5M	132.6M
Intangible Assets	1.0M	670K	500K	24.3M	20.3M	21.3M
Non Current Liabilities Total	37.2M	33.9M	39.6M	271.1M	125.8M	119.5M
Accumulated Other Comprehensive Income	4.8M	9.9M	1.8M	(16.0M)	(12.3M)	(12.9M)
Short Term Debt	7.7B	78.1M	9.7B	9.5B	10.9B	11.4B
Other Liab	56.5M	81.1M	87.7M	94.9M	109.2M	114.7M
Other Assets	(137.7M)	(124.6M)	(119.5M)	118.4M	1.0	1.05
Long Term Debt	29.5M	29.6M	29.8M	25.2M	28.9M	30.4M
Property Plant Equipment	6.1M	7.6M	9.0M	9.3M	10.7M	11.2M
Current Deferred Revenue	7.7B	93.5M	9.7B	10.6M	9.5B	9.9B
Short Term Investments	168.2M	157.5M	158.1M	154.7M	34.5M	32.7M
Net Tangible Assets	88.0M	87.7M	92.3M	75.2M	86.4M	63.2M
Retained Earnings Total Equity	27.2M	26.4M	16.9M	15.9M	18.3M	14.3M
Capital Surpluse	68.4M	67.8M	69.1M	70.8M	81.4M	49.8M
Deferred Long Term Liab	4.3M	2.7M	7.7M	93.5K	84.2K	80.0K

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