Kroger Common Stock Shares Outstanding vs Non Current Assets Total Analysis

0JS2 Stock   60.36  0.11  0.18%   
Kroger financial indicator trend analysis is infinitely more than just investigating Kroger recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kroger is a good investment. Please check the relationship between Kroger Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kroger Co. 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.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Kroger's Common Stock Shares Outstanding and Non Current Assets Total is -0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Kroger Co, assuming nothing else is changed. The correlation between historical values of Kroger's Common Stock Shares Outstanding and Non Current Assets 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 Common Stock Shares Outstanding of Kroger Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Kroger's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Kroger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kroger 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Kroger Co. 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.
Selling General Administrative is likely to drop to about 4.5 B in 2024. Tax Provision is likely to drop to about 580 M in 2024
 2011 2014 2020 2024 (projected)
Interest Expense443M603M441M354.2M
Depreciation And Amortization1.7B3.3B3.8B293.1M

Kroger fundamental ratios Correlations

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0.890.740.490.90.940.890.660.940.90.88-0.40.990.95-0.850.830.80.58-0.920.870.920.480.230.72-0.540.46
0.260.390.020.180.190.30.380.30.20.290.030.170.29-0.640.360.11-0.5-0.390.290.140.130.230.610.530.5
0.80.850.530.740.750.830.830.820.510.820.050.640.81-0.940.850.690.04-0.840.820.710.590.720.61-0.320.78
-0.61-0.51-0.64-0.66-0.65-0.59-0.49-0.58-0.32-0.6-0.05-0.54-0.580.24-0.54-0.69-0.780.5-0.6-0.67-0.57-0.540.53-0.32-0.11
0.340.35-0.070.280.340.380.310.420.50.36-0.310.410.42-0.680.380.16-0.34-0.420.340.260.00.460.50.78-0.11
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Kroger Account Relationship Matchups

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Additional Tools for Kroger Stock Analysis

When running Kroger's price analysis, check to measure Kroger'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 Kroger is operating at the current time. Most of Kroger's value examination focuses on studying past and present price action to predict the probability of Kroger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kroger's price. Additionally, you may evaluate how the addition of Kroger to your portfolios can decrease your overall portfolio volatility.