Kroger Non Currrent Assets Other vs Other Stockholder Equity Analysis
0JS2 Stock | 60.28 0.99 1.67% |
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 Non Currrent Assets Other and its Other Stockholder Equity 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.
Non Currrent Assets Other vs Other Stockholder Equity
Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Kroger's Non Currrent Assets Other and Other Stockholder Equity is 0.02. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity 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 Non Currrent Assets Other and Other Stockholder Equity 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 Currrent Assets Other of Kroger Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Kroger's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Other Stockholder Equity
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 Expense | 443M | 603M | 441M | 354.2M | Depreciation And Amortization | 1.7B | 3.3B | 3.8B | 293.1M |
Kroger fundamental ratios Correlations
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Kroger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.