Kellogg Total Assets vs Common Stock Analysis
0R1R Stock | 80.71 0.06 0.07% |
Kellogg financial indicator trend analysis is infinitely more than just investigating Kellogg recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kellogg is a good investment. Please check the relationship between Kellogg Total Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kellogg 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 Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kellogg Total Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kellogg's Total Assets and Common Stock is -0.32. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Kellogg Co, assuming nothing else is changed. The correlation between historical values of Kellogg's Total Assets and Common Stock 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 Assets of Kellogg Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Kellogg's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Kellogg assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kellogg books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
Most indicators from Kellogg's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kellogg 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 Kellogg 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. Tax Provision is likely to gain to about 317 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 B in 2024.
2022 | 2023 | 2024 (projected) | Total Revenue | 15.3B | 13.1B | 10.7B | Depreciation And Amortization | 404M | 366M | 376.0M |
Kellogg fundamental ratios Correlations
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Kellogg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kellogg Stock Analysis
When running Kellogg's price analysis, check to measure Kellogg'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 Kellogg is operating at the current time. Most of Kellogg's value examination focuses on studying past and present price action to predict the probability of Kellogg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellogg's price. Additionally, you may evaluate how the addition of Kellogg to your portfolios can decrease your overall portfolio volatility.