Kroger Short Term Debt vs Accounts Payable 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 Short Term Debt and its Accounts Payable 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.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Kroger's Short Term Debt and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable 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 Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Kroger Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., Kroger's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents Kroger 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 Kroger 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.

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

Interest Expense Depreciation And Amortization

Kroger 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Good Will	Common Stock	Intangible Assets	Current Deferred Revenue
Total Assets		0.95	0.81	0.99	0.99	1.0	0.92	0.99	0.61	1.0	0.05	0.85	0.99	-0.86	0.99	0.97	0.6	-0.99	1.0	0.98	0.82	0.89	0.26	0.8	-0.61	0.34
Short Long Term Debt Total	0.95		0.87	0.93	0.9	0.96	0.99	0.93	0.4	0.97	0.3	0.67	0.91	-0.85	0.99	0.94	0.42	-0.94	0.97	0.89	0.91	0.74	0.39	0.85	-0.51	0.35
Other Current Liab	0.81	0.87		0.82	0.75	0.8	0.9	0.73	0.07	0.82	0.57	0.43	0.71	-0.49	0.84	0.91	0.62	-0.73	0.84	0.78	0.99	0.49	0.02	0.53	-0.64	-0.07
Total Current Liabilities	0.99	0.93	0.82		0.99	0.99	0.89	0.98	0.63	0.99	0.02	0.87	0.98	-0.81	0.97	0.98	0.68	-0.97	0.99	1.0	0.81	0.9	0.18	0.74	-0.66	0.28
Total Stockholder Equity	0.99	0.9	0.75	0.99		0.98	0.85	0.99	0.71	0.98	-0.09	0.92	0.99	-0.83	0.95	0.95	0.66	-0.98	0.98	1.0	0.74	0.94	0.19	0.75	-0.65	0.34
Property Plant And Equipment Net	1.0	0.96	0.8	0.99	0.98		0.93	0.99	0.61	1.0	0.06	0.84	0.99	-0.88	0.99	0.96	0.56	-0.99	1.0	0.98	0.82	0.89	0.3	0.83	-0.59	0.38
Net Debt	0.92	0.99	0.9	0.89	0.85	0.93		0.88	0.29	0.94	0.4	0.59	0.86	-0.8	0.97	0.92	0.39	-0.9	0.94	0.85	0.94	0.66	0.38	0.83	-0.49	0.31
Retained Earnings	0.99	0.93	0.73	0.98	0.99	0.99	0.88		0.7	0.99	-0.07	0.9	1.0	-0.89	0.97	0.94	0.56	-0.99	0.99	0.98	0.74	0.94	0.3	0.82	-0.58	0.42
Cash	0.61	0.4	0.07	0.63	0.71	0.61	0.29	0.7		0.59	-0.75	0.93	0.73	-0.69	0.53	0.47	0.41	-0.67	0.57	0.68	0.06	0.9	0.2	0.51	-0.32	0.5
Non Current Assets Total	1.0	0.97	0.82	0.99	0.98	1.0	0.94	0.99	0.59		0.08	0.83	0.98	-0.87	0.99	0.97	0.56	-0.99	1.0	0.98	0.83	0.88	0.29	0.82	-0.6	0.36
Non Currrent Assets Other	0.05	0.3	0.57	0.02	-0.09	0.06	0.4	-0.07	-0.75	0.08		-0.48	-0.1	0.13	0.16	0.2	-0.08	0.02	0.11	-0.05	0.6	-0.4	0.03	0.05	-0.05	-0.31
Cash And Short Term Investments	0.85	0.67	0.43	0.87	0.92	0.84	0.59	0.9	0.93	0.83	-0.48		0.92	-0.79	0.78	0.76	0.62	-0.87	0.82	0.9	0.42	0.99	0.17	0.64	-0.54	0.41
Net Receivables	0.99	0.91	0.71	0.98	0.99	0.99	0.86	1.0	0.73	0.98	-0.1	0.92		-0.89	0.96	0.93	0.57	-0.99	0.98	0.98	0.72	0.95	0.29	0.81	-0.58	0.42
Common Stock Shares Outstanding	-0.86	-0.85	-0.49	-0.81	-0.83	-0.88	-0.8	-0.89	-0.69	-0.87	0.13	-0.79	-0.89		-0.88	-0.72	-0.15	0.92	-0.86	-0.79	-0.55	-0.85	-0.64	-0.94	0.24	-0.68
Non Current Liabilities Total	0.99	0.99	0.84	0.97	0.95	0.99	0.97	0.97	0.53	0.99	0.16	0.78	0.96	-0.88		0.96	0.49	-0.98	0.99	0.95	0.86	0.83	0.36	0.85	-0.54	0.38
Inventory	0.97	0.94	0.91	0.98	0.95	0.96	0.92	0.94	0.47	0.97	0.2	0.76	0.93	-0.72	0.96		0.7	-0.93	0.97	0.97	0.9	0.8	0.11	0.69	-0.69	0.16
Other Current Assets	0.6	0.42	0.62	0.68	0.66	0.56	0.39	0.56	0.41	0.56	-0.08	0.62	0.57	-0.15	0.49	0.7		-0.5	0.57	0.71	0.53	0.58	-0.5	0.04	-0.78	-0.34
Other Stockholder Equity	-0.99	-0.94	-0.73	-0.97	-0.98	-0.99	-0.9	-0.99	-0.67	-0.99	0.02	-0.87	-0.99	0.92	-0.98	-0.93	-0.5		-0.98	-0.96	-0.75	-0.92	-0.39	-0.84	0.5	-0.42
Total Liab	1.0	0.97	0.84	0.99	0.98	1.0	0.94	0.99	0.57	1.0	0.11	0.82	0.98	-0.86	0.99	0.97	0.57	-0.98		0.97	0.85	0.87	0.29	0.82	-0.6	0.34
Total Current Assets	0.98	0.89	0.78	1.0	1.0	0.98	0.85	0.98	0.68	0.98	-0.05	0.9	0.98	-0.79	0.95	0.97	0.71	-0.96	0.97		0.77	0.92	0.14	0.71	-0.67	0.26
Short Term Debt	0.82	0.91	0.99	0.81	0.74	0.82	0.94	0.74	0.06	0.83	0.6	0.42	0.72	-0.55	0.86	0.9	0.53	-0.75	0.85	0.77		0.48	0.13	0.59	-0.57	0.0
Accounts Payable	0.89	0.74	0.49	0.9	0.94	0.89	0.66	0.94	0.9	0.88	-0.4	0.99	0.95	-0.85	0.83	0.8	0.58	-0.92	0.87	0.92	0.48		0.23	0.72	-0.54	0.46
Good Will	0.26	0.39	0.02	0.18	0.19	0.3	0.38	0.3	0.2	0.29	0.03	0.17	0.29	-0.64	0.36	0.11	-0.5	-0.39	0.29	0.14	0.13	0.23		0.61	0.53	0.5
Common Stock	0.8	0.85	0.53	0.74	0.75	0.83	0.83	0.82	0.51	0.82	0.05	0.64	0.81	-0.94	0.85	0.69	0.04	-0.84	0.82	0.71	0.59	0.72	0.61		-0.32	0.78
Intangible Assets	-0.61	-0.51	-0.64	-0.66	-0.65	-0.59	-0.49	-0.58	-0.32	-0.6	-0.05	-0.54	-0.58	0.24	-0.54	-0.69	-0.78	0.5	-0.6	-0.67	-0.57	-0.54	0.53	-0.32		-0.11
Current Deferred Revenue	0.34	0.35	-0.07	0.28	0.34	0.38	0.31	0.42	0.5	0.36	-0.31	0.41	0.42	-0.68	0.38	0.16	-0.34	-0.42	0.34	0.26	0.0	0.46	0.5	0.78	-0.11

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Kroger Account Relationship Matchups

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Kroger Short Term Debt vs Accounts Payable Analysis

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Short Term Debt

Accounts Payable

Kroger fundamental ratios Correlations

Kroger Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Kroger Stock Analysis

COMMON DESTINATIONS

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Stockholder Equity	- 0.99	Net Receivables
Other Stockholder Equity	- 0.99	Non Current Assets Total
Other Stockholder Equity	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Property Plant And Equipment Net
Other Stockholder Equity	- 0.99	Total Assets
Total Liab	- 0.98	Other Stockholder Equity