Kemper Accounts Payable vs Non Current Liabilities Total Analysis
KMPR Stock | USD 65.73 0.50 0.75% |
Kemper financial indicator trend analysis is infinitely more than just investigating Kemper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kemper is a good investment. Please check the relationship between Kemper Accounts Payable and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kemper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Kemper Stock, please use our How to Invest in Kemper guide.
Accounts Payable vs Non Current Liabilities Total
Accounts Payable vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kemper Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kemper's Accounts Payable and Non Current Liabilities Total is -0.38. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Kemper, assuming nothing else is changed. The correlation between historical values of Kemper's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kemper are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Kemper's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Kemper 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 Kemper 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.Non Current Liabilities Total
Most indicators from Kemper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kemper 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 Kemper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Kemper Stock, please use our How to Invest in Kemper guide.At this time, Kemper's Discontinued Operations is relatively stable compared to the past year. As of 11/07/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, though Tax Provision is likely to grow to (105 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.8B | 5.6B | 4.9B | 2.9B | Total Revenue | 5.8B | 5.6B | 4.9B | 2.9B |
Kemper fundamental ratios Correlations
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Kemper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kemper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.0B | 14.3B | 14.9B | 13.4B | 12.7B | 8.7B | |
Total Stockholder Equity | 4.0B | 4.6B | 4.0B | 2.4B | 2.5B | 2.4B | |
Retained Earnings | 1.8B | 2.1B | 1.8B | 1.4B | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 66.5M | 66.7M | 64.3M | 63.8M | 64.0M | 58.5M | |
Liabilities And Stockholders Equity | 13.0B | 14.3B | 14.9B | 13.4B | 12.7B | 8.7B | |
Other Stockholder Equity | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B | |
Non Current Assets Total | 9.7B | 10.8B | 10.7B | 1.5B | 50.6M | 48.1M | |
Non Currrent Assets Other | (9.7B) | (10.8B) | (10.7B) | (7.6B) | (9.4B) | (9.0B) | |
Intangible Assets | 328.4M | 320.1M | 293.8M | 120.2M | 318.6M | 327.4M | |
Short Long Term Debt Total | 1.5B | 1.2B | 1.4B | 1.8B | 1.4B | 742.5M | |
Net Debt | 641.6M | 966.7M | 973.7M | 1.2B | 1.3B | 1.4B | |
Non Current Liabilities Total | 956.6M | 1.5B | 1.3B | 10.8B | 1.4B | 1.2B | |
Total Liab | 9.0B | 1.5B | 1.3B | 10.9B | 1.4B | 2.3B | |
Other Current Liab | (728.5M) | (5.2M) | (127.4M) | (21.8M) | 6.8B | 7.2B | |
Total Current Liabilities | 728.5M | 15.6M | 173.1M | 167.6M | 7.3B | 7.7B | |
Cash | 136.8M | 206.1M | 148.2M | 212.4M | 64.1M | 105.5M | |
Other Assets | (5.6B) | (6.5B) | (6.0B) | 11.2B | 10.9B | 11.4B | |
Cash And Short Term Investments | 7.5B | 8.7B | 8.4B | 7.4B | 587M | 557.7M | |
Net Receivables | 1.4B | 1.4B | 1.8B | 1.7B | 1.2B | 920.9M | |
Total Current Assets | 8.9B | 10.1B | 10.2B | 692M | 1.8B | 1.7B | |
Accumulated Other Comprehensive Income | 336.1M | 680.5M | 448.1M | (756M) | (360.8M) | (342.8M) | |
Other Liab | 4.8B | 6.3B | 7.0B | 5.1B | 5.9B | 3.0B | |
Accounts Payable | 733.1M | 727.9M | 843.6M | (449.3M) | (404.4M) | (384.2M) | |
Long Term Debt | 778.4M | 1.2B | 1.1B | 1.4B | 1.4B | 749.3M | |
Short Term Investments | 7.4B | 8.5B | 8.3B | 7.2B | 522.9M | 496.8M | |
Other Current Assets | 2.1B | 2.6B | 2.3B | 2.2B | 2.0B | 3.4B | |
Property Plant And Equipment Net | 9.5B | 10.5B | 10.5B | 12.2M | 7.7M | 7.3M | |
Net Tangible Assets | 2.9B | 3.4B | 2.7B | 1.1B | 1.3B | 2.2B | |
Retained Earnings Total Equity | 1.8B | 2.1B | 1.8B | 1.4B | 1.6B | 1.4B | |
Long Term Debt Total | 778.4M | 1.2B | 1.1B | 1.4B | 1.6B | 920.7M | |
Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.3B | |
Inventory | (2.1B) | (2.6B) | (2.3B) | (10.6B) | (2.0B) | (2.1B) | |
Deferred Long Term Liab | 26.2M | 178.2M | 285.7M | 227M | 261.1M | 274.1M | |
Long Term Investments | 9.0B | 10.4B | 9.4B | 7.6B | 7.9B | 8.3B | |
Non Current Liabilities Other | 7.3B | 7.6B | 8.7B | 8.7B | 10.0B | 7.1B | |
Short Term Debt | 728.5M | 20.8M | 300.5M | 449.3M | 470M | 318.9M |
Pair Trading with Kemper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kemper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kemper will appreciate offsetting losses from the drop in the long position's value.Moving together with Kemper Stock
Moving against Kemper Stock
The ability to find closely correlated positions to Kemper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kemper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kemper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kemper to buy it.
The correlation of Kemper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kemper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kemper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kemper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Kemper Stock Analysis
When running Kemper's price analysis, check to measure Kemper'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 Kemper is operating at the current time. Most of Kemper's value examination focuses on studying past and present price action to predict the probability of Kemper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kemper's price. Additionally, you may evaluate how the addition of Kemper to your portfolios can decrease your overall portfolio volatility.