Kingsignal Total Current Liabilities vs Total Stockholder Equity Analysis

300252 Stock   9.14  0.06  0.66%   
Kingsignal Technology financial indicator trend analysis is infinitely more than just investigating Kingsignal Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsignal Technology is a good investment. Please check the relationship between Kingsignal Technology 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 Kingsignal Technology 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 nation.

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 Kingsignal Technology Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kingsignal Technology's Total Current Liabilities and Total Stockholder Equity is 0.92. 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 Kingsignal Technology Co, assuming nothing else is changed. The correlation between historical values of Kingsignal Technology'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 Kingsignal Technology 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., Kingsignal Technology's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Kingsignal Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kingsignal Technology 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 Kingsignal Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsignal Technology 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 Kingsignal Technology 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 nation.
At present, Kingsignal Technology's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 27.3 M, whereas Discontinued Operations is forecasted to decline to about 11 M.
 2023 2024 (projected)
Discontinued Operations11.5M11.0M
Research Development143.9M117.4M

Kingsignal Technology fundamental ratios Correlations

0.510.990.970.60.860.670.820.510.870.930.570.980.760.940.810.80.810.93-0.610.80.810.92-0.840.85-0.34
0.510.440.60.840.310.110.140.330.680.360.540.440.180.510.340.090.720.41-0.240.370.420.36-0.520.46-0.35
0.990.440.920.530.890.610.810.460.830.940.561.00.790.940.830.810.760.89-0.650.810.820.89-0.860.87-0.36
0.970.60.920.670.790.690.760.520.890.870.590.910.70.920.760.690.830.94-0.540.750.780.91-0.760.78-0.36
0.60.840.530.670.350.420.440.350.730.540.370.520.080.530.210.340.860.43-0.10.280.250.46-0.420.370.0
0.860.310.890.790.350.330.620.130.750.880.440.90.840.880.870.660.510.8-0.820.930.810.71-0.770.84-0.54
0.670.110.610.690.420.330.830.590.420.580.170.60.280.510.280.710.610.64-0.010.180.270.74-0.30.340.26
0.820.140.810.760.440.620.830.630.630.780.20.810.50.70.510.960.720.72-0.30.490.480.81-0.570.590.18
0.510.330.460.520.350.130.590.630.460.30.120.460.260.380.280.570.570.46-0.110.190.350.56-0.470.40.22
0.870.680.830.890.730.750.420.630.460.850.620.830.650.850.710.610.850.79-0.530.750.750.78-0.790.73-0.36
0.930.360.940.870.540.880.580.780.30.850.560.940.730.860.750.810.750.82-0.580.780.740.85-0.80.78-0.28
0.570.540.560.590.370.440.170.20.120.620.560.550.480.610.520.270.580.57-0.220.480.650.56-0.650.47-0.53
0.980.441.00.910.520.90.60.810.460.830.940.550.80.940.840.820.760.89-0.670.820.830.89-0.860.87-0.36
0.760.180.790.70.080.840.280.50.260.650.730.480.80.790.970.570.390.84-0.860.90.950.78-0.80.87-0.67
0.940.510.940.920.530.880.510.70.380.850.860.610.940.790.830.660.740.89-0.650.820.810.81-0.760.78-0.51
0.810.340.830.760.210.870.280.510.280.710.750.520.840.970.830.550.470.86-0.880.920.970.78-0.850.93-0.71
0.80.090.810.690.340.660.710.960.570.610.810.270.820.570.660.550.680.68-0.350.540.550.8-0.680.660.15
0.810.720.760.830.860.510.610.720.570.850.750.580.760.390.740.470.680.68-0.20.450.540.76-0.680.6-0.04
0.930.410.890.940.430.80.640.720.460.790.820.570.890.840.890.860.680.68-0.660.830.880.95-0.780.83-0.48
-0.61-0.24-0.65-0.54-0.1-0.82-0.01-0.3-0.11-0.53-0.58-0.22-0.67-0.86-0.65-0.88-0.35-0.2-0.66-0.92-0.82-0.530.72-0.840.73
0.80.370.810.750.280.930.180.490.190.750.780.480.820.90.820.920.540.450.83-0.920.910.72-0.840.89-0.68
0.810.420.820.780.250.810.270.480.350.750.740.650.830.950.810.970.550.540.88-0.820.910.82-0.920.93-0.7
0.920.360.890.910.460.710.740.810.560.780.850.560.890.780.810.780.80.760.95-0.530.720.82-0.80.81-0.28
-0.84-0.52-0.86-0.76-0.42-0.77-0.3-0.57-0.47-0.79-0.8-0.65-0.86-0.8-0.76-0.85-0.68-0.68-0.780.72-0.84-0.92-0.8-0.940.47
0.850.460.870.780.370.840.340.590.40.730.780.470.870.870.780.930.660.60.83-0.840.890.930.81-0.94-0.53
-0.34-0.35-0.36-0.360.0-0.540.260.180.22-0.36-0.28-0.53-0.36-0.67-0.51-0.710.15-0.04-0.480.73-0.68-0.7-0.280.47-0.53
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Kingsignal Technology Account Relationship Matchups

Kingsignal Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B5.3B5.4B5.2B3.5B
Other Current Liab283.9M257.6M182.2M3.1M694.3K659.5K
Total Current Liabilities2.6B3.0B2.7B3.2B2.8B1.8B
Total Stockholder Equity2.4B2.3B2.3B1.9B2.1B1.5B
Retained Earnings723.7M657.8M703.1M222.2M(104.3M)(99.1M)
Accounts Payable699.9M1.1B1.3B1.2B1.1B641.6M
Cash830.4M899.8M385.0M923.7M764.9M712.0M
Other Assets231.6M335.2M358.4M415.6M478.0M247.1M
Long Term Debt169.9M48.5M23.2M8.0M92.8M72.1M
Net Receivables1.6B1.1B1.9B1.1B1.0B947.2M
Inventory318.1M388.1M529.1M538.1M358.7M300.4M
Other Current Assets84.8M122.9M114.9M159.6M148.2M87.7M
Total Liab2.8B3.2B2.9B3.5B3.0B1.9B
Intangible Assets294.2M307.7M363.6M407.8M478.3M502.2M
Property Plant Equipment669.5M824.4M1.0B929.6M1.1B1.1B
Other Liab44.2M37.3M66.7M82.1M94.4M50.3M
Good Will258.4M196.3M194.7M107.9M82.3M78.2M
Net Tangible Assets2.0B2.0B2.0B1.9B2.2B1.9B
Other Stockholder Equity822.4K(33.0M)(30.8M)(35.2M)(31.7M)(30.1M)
Deferred Long Term Liab166.0M171.7M253.5M195.2M224.4M137.9M
Total Current Assets3.0B2.9B2.9B3.2B3.0B3.2B
Non Current Assets Total2.3B2.7B2.3B2.3B2.2B2.3B
Non Currrent Assets Other114.6M98.9M170.1M86.1M77.5M73.6M
Non Current Liabilities Total206.9M203.1M222.9M255.6M236.7M210.5M
Short Long Term Debt1.5B1.6B1.0B1.8B1.4B1.2B
Non Current Liabilities Other4.7M15.9M18.2M13.4M13.5M10.1M
Net Debt745.4M708.6M672.6M849.8M772.5M754.2M
Net Invested Capital4.0B4.0B3.4B3.7B3.6B3.1B
Net Working Capital413.2M(72.1M)284.1M(78.2M)199.5M254.4M

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Other Information on Investing in Kingsignal Stock

Balance Sheet is a snapshot of the financial position of Kingsignal Technology at a specified time, usually calculated after every quarter, six months, or one year. Kingsignal Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingsignal Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kingsignal currently owns. An asset can also be divided into two categories, current and non-current.