Kingclean Net Receivables vs Retained Earnings Analysis

603355 Stock

22.89 0.29 1.28%

Kingclean Electric financial indicator trend analysis is infinitely more than just investigating Kingclean Electric recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingclean Electric is a good investment. Please check the relationship between Kingclean Electric Net Receivables and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kingclean Electric 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.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingclean Electric Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Kingclean Electric's Net Receivables and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Kingclean Electric Co, assuming nothing else is changed. The correlation between historical values of Kingclean Electric's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Kingclean Electric Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Kingclean Electric's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Kingclean Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingclean Electric 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 Kingclean Electric 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 512.4 M. In addition to that, Tax Provision is expected to decline to about 76.3 M

	2021	2022	2023	2024 (projected)
Operating Income	652.9M	816.2M	982.7M	628.2M
Total Revenue	7.9B	8.9B	8.8B	6.3B

Operating Income Total Revenue

Kingclean Electric fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.87	0.84	0.88	0.82	0.83	0.76	0.86	0.89	0.96	0.9	0.77	0.85	0.6	0.96	0.94	0.76	0.68	0.66	0.81	0.8	-0.8	0.99	0.93	-0.81	0.84
Other Current Liab	0.87		0.96	0.73	0.92	0.68	0.77	0.9	0.97	0.86	0.9	0.86	0.95	0.75	0.87	0.84	0.79	0.5	0.66	0.95	0.9	-0.72	0.88	0.91	-0.83	0.88
Total Current Liabilities	0.84	0.96		0.68	0.94	0.64	0.66	0.96	0.96	0.8	0.79	0.95	0.99	0.67	0.81	0.8	0.77	0.61	0.68	0.95	0.87	-0.67	0.89	0.87	-0.83	0.9
Total Stockholder Equity	0.88	0.73	0.68		0.6	0.99	0.72	0.79	0.79	0.9	0.75	0.7	0.68	0.24	0.77	0.7	0.74	0.8	0.57	0.57	0.71	-0.87	0.83	0.7	-0.68	0.63
Other Liab	0.82	0.92	0.94	0.6		0.56	0.75	0.87	0.92	0.77	0.81	0.83	0.94	0.69	0.78	0.78	0.74	0.52	0.79	0.92	0.76	-0.61	0.87	0.84	-0.88	0.87
Retained Earnings	0.83	0.68	0.64	0.99	0.56		0.74	0.75	0.75	0.87	0.72	0.69	0.63	0.15	0.69	0.63	0.72	0.83	0.57	0.5	0.65	-0.87	0.79	0.63	-0.66	0.55
Accounts Payable	0.76	0.77	0.66	0.72	0.75	0.74		0.6	0.79	0.83	0.89	0.57	0.64	0.4	0.67	0.64	0.81	0.54	0.69	0.58	0.64	-0.84	0.74	0.68	-0.83	0.54
Cash	0.86	0.9	0.96	0.79	0.87	0.75	0.6		0.94	0.82	0.72	0.95	0.96	0.53	0.79	0.77	0.76	0.74	0.65	0.88	0.85	-0.71	0.89	0.83	-0.8	0.89
Other Assets	0.89	0.97	0.96	0.79	0.92	0.75	0.79	0.94		0.9	0.88	0.89	0.96	0.62	0.85	0.84	0.89	0.64	0.66	0.9	0.93	-0.83	0.91	0.9	-0.87	0.89
Net Receivables	0.96	0.86	0.8	0.9	0.77	0.87	0.83	0.82	0.9		0.93	0.76	0.81	0.51	0.9	0.89	0.83	0.7	0.6	0.74	0.86	-0.91	0.93	0.88	-0.75	0.76
Inventory	0.9	0.9	0.79	0.75	0.81	0.72	0.89	0.72	0.88	0.93		0.69	0.79	0.7	0.9	0.89	0.77	0.47	0.59	0.8	0.82	-0.81	0.88	0.91	-0.78	0.74
Other Current Assets	0.77	0.86	0.95	0.7	0.83	0.69	0.57	0.95	0.89	0.76	0.69		0.92	0.48	0.71	0.69	0.68	0.74	0.65	0.84	0.8	-0.66	0.83	0.74	-0.7	0.78
Total Liab	0.85	0.95	0.99	0.68	0.94	0.63	0.64	0.96	0.96	0.81	0.79	0.92		0.7	0.83	0.83	0.77	0.59	0.66	0.96	0.88	-0.67	0.9	0.89	-0.84	0.94
Intangible Assets	0.6	0.75	0.67	0.24	0.69	0.15	0.4	0.53	0.62	0.51	0.7	0.48	0.7		0.76	0.78	0.35	-0.07	0.29	0.85	0.64	-0.24	0.6	0.82	-0.53	0.74
Common Stock	0.96	0.87	0.81	0.77	0.78	0.69	0.67	0.79	0.85	0.9	0.9	0.71	0.83	0.76		0.98	0.68	0.47	0.53	0.85	0.81	-0.68	0.93	0.97	-0.73	0.83
Property Plant Equipment	0.94	0.84	0.8	0.7	0.78	0.63	0.64	0.77	0.84	0.89	0.89	0.69	0.83	0.78	0.98		0.68	0.45	0.48	0.85	0.82	-0.68	0.92	0.98	-0.72	0.86
Good Will	0.76	0.79	0.77	0.74	0.74	0.72	0.81	0.76	0.89	0.83	0.77	0.68	0.77	0.35	0.68	0.68		0.63	0.53	0.64	0.86	-0.91	0.76	0.73	-0.83	0.71
Net Tangible Assets	0.68	0.5	0.61	0.8	0.52	0.83	0.54	0.74	0.64	0.7	0.47	0.74	0.59	-0.07	0.47	0.45	0.63		0.59	0.39	0.5	-0.75	0.71	0.44	-0.6	0.5
Short Term Investments	0.66	0.66	0.68	0.57	0.79	0.57	0.69	0.65	0.66	0.6	0.59	0.65	0.66	0.29	0.53	0.48	0.53	0.59		0.57	0.36	-0.46	0.72	0.5	-0.72	0.54
Other Stockholder Equity	0.81	0.95	0.95	0.57	0.92	0.5	0.58	0.88	0.9	0.74	0.8	0.84	0.96	0.85	0.85	0.85	0.64	0.39	0.57		0.85	-0.54	0.84	0.91	-0.76	0.93
Deferred Long Term Liab	0.8	0.9	0.87	0.71	0.76	0.65	0.64	0.85	0.93	0.86	0.82	0.8	0.88	0.64	0.81	0.82	0.86	0.5	0.36	0.85		-0.81	0.79	0.88	-0.69	0.84
Long Term Investments	-0.8	-0.72	-0.67	-0.87	-0.61	-0.87	-0.84	-0.71	-0.83	-0.91	-0.81	-0.66	-0.67	-0.24	-0.68	-0.68	-0.91	-0.75	-0.46	-0.54	-0.81		-0.77	-0.7	0.71	-0.61
Total Current Assets	0.99	0.88	0.89	0.83	0.87	0.79	0.74	0.89	0.91	0.93	0.88	0.83	0.9	0.6	0.93	0.92	0.76	0.71	0.72	0.84	0.79	-0.77		0.92	-0.83	0.86
Non Current Assets Total	0.93	0.91	0.87	0.7	0.84	0.63	0.68	0.83	0.9	0.88	0.91	0.74	0.89	0.82	0.97	0.98	0.73	0.44	0.5	0.91	0.88	-0.7	0.92		-0.79	0.91
Non Currrent Assets Other	-0.81	-0.83	-0.83	-0.68	-0.88	-0.66	-0.83	-0.8	-0.87	-0.75	-0.78	-0.7	-0.84	-0.53	-0.73	-0.72	-0.83	-0.6	-0.72	-0.76	-0.69	0.71	-0.83	-0.79		-0.8
Non Current Liabilities Total	0.84	0.88	0.9	0.63	0.87	0.55	0.54	0.89	0.89	0.76	0.74	0.78	0.94	0.74	0.83	0.86	0.71	0.5	0.54	0.93	0.84	-0.61	0.86	0.91	-0.8

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Kingclean Electric Account Relationship Matchups

Kingclean Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	7.1B	8.9B	10.6B	12.6B	6.5B
Other Current Liab	205.7M	338.8M	665.9M	532.6M	612.5M	643.1M
Total Current Liabilities	2.0B	3.4B	4.8B	4.8B	6.8B	7.1B
Total Stockholder Equity	3.2B	3.4B	3.2B	3.8B	4.4B	3.1B
Other Liab	10.8M	11.9M	272.7M	295.6M	340.0M	357.0M
Retained Earnings	2.0B	2.2B	1.9B	2.0B	2.6B	1.8B
Accounts Payable	1.6B	2.4B	2.5B	1.7B	1.8B	1.5B
Cash	2.0B	2.7B	2.9B	4.5B	5.9B	6.2B
Other Assets	73.5M	68.0M	112.6M	165.9M	190.8M	200.3M
Net Receivables	1.1B	1.4B	1.6B	1.7B	1.9B	1.3B
Inventory	614.8M	911.7M	1.5B	1.1B	1.3B	833.6M
Other Current Assets	54.6M	113.4M	111.5M	122.6M	223.6M	234.8M
Total Liab	2.2B	3.7B	5.7B	6.7B	8.2B	8.6B
Intangible Assets	151.9M	149.0M	231.2M	211.9M	207.5M	194.3M
Property Plant Equipment	943.6M	954.3M	1.6B	1.7B	2.0B	1.1B
Net Tangible Assets	3.0B	3.3B	2.4B	2.9B	3.4B	3.1B
Other Stockholder Equity	(2.9M)	(3.5M)	525.3K	12.7M	14.6M	15.3M
Deferred Long Term Liab	37.6M	21.9M	10.7M	46.5M	53.5M	56.2M
Total Current Assets	4.0B	5.9B	6.3B	7.8B	9.6B	5.8B
Non Current Assets Total	1.4B	1.2B	2.6B	2.8B	3.0B	2.0B
Non Currrent Assets Other	1.2B	200.2M	7.2M	7.5M	11.5M	10.9M
Non Current Liabilities Total	211.9M	272.7M	854.3M	2.0B	1.4B	1.5B
Net Invested Capital	3.4B	3.4B	5.1B	7.6B	8.4B	5.3B
Net Working Capital	2.0B	2.5B	1.5B	3.0B	2.8B	2.4B

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Other Information on Investing in Kingclean Stock

Balance Sheet is a snapshot of the financial position of Kingclean Electric at a specified time, usually calculated after every quarter, six months, or one year. Kingclean Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingclean Electric 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 Kingclean currently owns. An asset can also be divided into two categories, current and non-current.

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Kingclean Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Kingclean Electric fundamental ratios Correlations

Kingclean Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kingclean Electric fundamental ratios Accounts

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Other Information on Investing in Kingclean Stock

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Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Common Stock
Non Current Assets Total	+ 0.98	Property Plant Equipment
Other Assets	+ 0.97	Other Current Liab

Long Term Investments	- 0.91	Good Will
Long Term Investments	- 0.91	Net Receivables
Non Currrent Assets Other	- 0.88	Other Liab
Non Currrent Assets Other	- 0.87	Other Assets
Long Term Investments	- 0.87	Retained Earnings
Long Term Investments	- 0.87	Total Stockholder Equity