Kronos Debt Ratio from 2010 to 2024
| KRO Stock | USD 11.68 0.07 0.60% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.2398803 | Current Value 0.33 | Quarterly Volatility 0.08330535 |
Check Kronos Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kronos Worldwide's main balance sheet or income statement drivers, such as Interest Expense of 19.3 M, Total Revenue of 1.6 B or Gross Profit of 156.7 M, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0384 or PTB Ratio of 2.83. Kronos financial statements analysis is a perfect complement when working with Kronos Worldwide Valuation or Volatility modules.
Kronos | Debt Ratio |
Latest Kronos Worldwide's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Kronos Worldwide over the last few years. It is Kronos Worldwide's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kronos Worldwide's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
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Debt Ratio |
| Timeline |
Kronos Debt Ratio Regression Statistics
| Arithmetic Mean | 0.25 | |
| Geometric Mean | 0.24 | |
| Coefficient Of Variation | 33.25 | |
| Mean Deviation | 0.05 | |
| Median | 0.24 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.3829 | |
| R-Value | (0.08) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | (0) | |
| Total Sum of Squares | 0.1 |
Kronos Debt Ratio History
Other Fundumenentals of Kronos Worldwide
Kronos Worldwide Debt Ratio component correlations
Click cells to compare fundamentals
About Kronos Worldwide Financial Statements
Kronos Worldwide investors utilize fundamental indicators, such as Debt Ratio, to predict how Kronos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.24 | 0.33 | |
| Cash Flow To Debt Ratio | 0.01 | 0.01 |
Pair Trading with Kronos Worldwide
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 Kronos Worldwide 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 Kronos Worldwide will appreciate offsetting losses from the drop in the long position's value.Moving together with Kronos Stock
| 0.61 | CC | Chemours Sell-off Trend | PairCorr |
| 0.8 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
The ability to find closely correlated positions to Kronos Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kronos Worldwide 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 Kronos Worldwide - 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 Kronos Worldwide to buy it.
The correlation of Kronos Worldwide 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 Kronos Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kronos Worldwide 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 Kronos Worldwide 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.Check out the analysis of Kronos Worldwide Correlation against competitors. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Commodity Chemicals 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 Kronos Worldwide. If investors know Kronos 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 Kronos Worldwide 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 (0.42) | Dividend Share 0.62 | Earnings Share 0.81 | Revenue Per Share 16.206 | Quarterly Revenue Growth 0.221 |
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide'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 Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide'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 Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide'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.