Kroger Total Current Liabilities vs Total 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 Total Current Liabilities and its Total 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.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Kroger's Total Current Liabilities and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total 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 Total Current Liabilities and Total 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 Total Current Liabilities of Kroger Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Kroger's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Kroger balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kroger Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
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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.