Kellogg Total Liab vs Good Will 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 Liab and its Good Will 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 Liab vs Good Will
Total Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kellogg Total Liab account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kellogg's Total Liab and Good Will is 0.86. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Good Will 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 Liab and Good Will 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 Liab of Kellogg Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Liab i.e., Kellogg's Total Liab and Good Will go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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
Click cells to compare fundamentals
Kellogg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.