Keeson Common Stock vs Good Will Analysis

603610 Stock   10.38  0.14  1.37%   
Keeson Technology financial indicator trend analysis is infinitely more than just investigating Keeson Technology Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keeson Technology Corp is a good investment. Please check the relationship between Keeson Technology Common Stock and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Keeson Technology Corp. 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.

Common Stock vs Good Will

Common Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keeson Technology Corp Common Stock account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Keeson Technology's Common Stock and Good Will is -0.76. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Keeson Technology Corp, assuming nothing else is changed. The correlation between historical values of Keeson Technology's Common Stock 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 Common Stock of Keeson Technology Corp 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 Common Stock i.e., Keeson Technology's Common Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

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 Keeson Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keeson Technology Corp 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 Keeson Technology Corp. 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.
The current year's Tax Provision is expected to grow to about 36 M, whereas Selling General Administrative is forecasted to decline to about 365.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B841.9M1.1B922.5M
Total Revenue3.0B2.7B3.1B2.6B

Keeson Technology fundamental ratios Correlations

-0.110.860.990.930.990.990.90.960.950.570.980.880.82-0.910.810.930.07-0.660.870.970.60.980.840.540.93
-0.11-0.26-0.09-0.24-0.07-0.080.0-0.09-0.15-0.73-0.160.23-0.040.15-0.04-0.12-0.130.09-0.16-0.11-0.34-0.08-0.17-0.52-0.14
0.86-0.260.780.790.80.830.70.70.950.670.920.730.65-0.710.830.970.02-0.860.960.80.910.760.590.770.95
0.99-0.090.780.90.990.990.930.970.90.520.940.880.86-0.930.720.870.06-0.570.790.970.481.00.860.440.86
0.93-0.240.790.90.920.920.710.920.910.680.940.710.66-0.910.820.820.09-0.510.840.910.550.90.920.540.89
0.99-0.070.80.990.920.980.90.970.910.50.950.870.84-0.910.740.880.06-0.570.810.980.510.990.840.450.89
0.99-0.080.830.990.920.980.910.950.930.530.970.90.86-0.950.770.910.1-0.620.840.980.560.980.880.50.89
0.90.00.70.930.710.90.910.850.790.380.830.920.91-0.850.560.830.14-0.610.660.90.420.930.720.40.73
0.96-0.090.70.970.920.970.950.850.850.510.890.780.76-0.90.740.790.0-0.460.750.930.390.980.880.370.82
0.95-0.150.950.90.910.910.930.790.850.640.990.830.68-0.820.910.980.09-0.790.980.910.790.880.760.710.99
0.57-0.730.670.520.680.50.530.380.510.640.620.290.35-0.530.560.590.01-0.590.640.520.60.510.560.680.63
0.98-0.160.920.940.940.950.970.830.890.990.620.850.74-0.890.860.960.16-0.70.930.960.70.930.820.660.97
0.880.230.730.880.710.870.90.920.780.830.290.850.81-0.810.660.860.22-0.680.730.90.470.870.690.420.8
0.82-0.040.650.860.660.840.860.910.760.680.350.740.81-0.840.370.73-0.09-0.50.540.820.360.860.680.210.62
-0.910.15-0.71-0.93-0.91-0.91-0.95-0.85-0.9-0.82-0.53-0.89-0.81-0.84-0.64-0.78-0.150.45-0.71-0.92-0.41-0.92-0.96-0.41-0.76
0.81-0.040.830.720.820.740.770.560.740.910.560.860.660.37-0.640.850.1-0.720.950.730.750.710.670.70.91
0.93-0.120.970.870.820.880.910.830.790.980.590.960.860.73-0.780.850.12-0.860.950.890.820.860.660.730.96
0.07-0.130.020.060.090.060.10.140.00.090.010.160.22-0.09-0.150.10.120.020.060.240.050.050.140.460.11
-0.660.09-0.86-0.57-0.51-0.57-0.62-0.61-0.46-0.79-0.59-0.7-0.68-0.50.45-0.72-0.860.02-0.83-0.58-0.84-0.56-0.33-0.71-0.78
0.87-0.160.960.790.840.810.840.660.750.980.640.930.730.54-0.710.950.950.06-0.830.80.870.770.660.770.97
0.97-0.110.80.970.910.980.980.90.930.910.520.960.90.82-0.920.730.890.24-0.580.80.520.970.840.530.89
0.6-0.340.910.480.550.510.560.420.390.790.60.70.470.36-0.410.750.820.05-0.840.870.520.460.310.860.79
0.98-0.080.761.00.90.990.980.930.980.880.510.930.870.86-0.920.710.860.05-0.560.770.970.460.860.420.85
0.84-0.170.590.860.920.840.880.720.880.760.560.820.690.68-0.960.670.660.14-0.330.660.840.310.860.360.7
0.54-0.520.770.440.540.450.50.40.370.710.680.660.420.21-0.410.70.730.46-0.710.770.530.860.420.360.71
0.93-0.140.950.860.890.890.890.730.820.990.630.970.80.62-0.760.910.960.11-0.780.970.890.790.850.70.71
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Keeson Technology Account Relationship Matchups

Keeson Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.6B4.5B4.7B4.9B3.4B
Other Current Liab72.5M142.1M94.4M159.0M546.6K519.3K
Total Current Liabilities451.3M569.8M985.7M863.2M1.1B733.5M
Total Stockholder Equity2.8B3.0B3.2B3.1B3.3B2.4B
Other Liab88.2M82.3M81.1M98.1M112.8M86.6M
Net Tangible Assets799.7M2.7B2.8B3.1B3.5B1.8B
Retained Earnings655.8M778.9M1.0B945.8M1.0B647.4M
Accounts Payable291.2M334.9M364.6M309.2M281.4M310.1M
Cash1.7B1.2B1.2B1.6B1.6B1.1B
Non Current Assets Total763.1M962.1M1.6B1.9B2.1B1.2B
Other Assets57.1M67.3M86.4M92.1M106.0M66.1M
Net Receivables310.2M420.1M481.3M221.8M317.0M309.0M
Good Will17.5M16.4M13.2M17.5M14.7M16.2M
Non Current Liabilities Total179.4M82.3M312.7M743.1M542.9M297.9M
Inventory303.7M460.0M786.3M737.2M781.5M521.5M
Other Current Assets15.2M60.7M55.9M84.8M48.7M58.5M
Other Stockholder Equity3.2M4.9M(3.9M)(10.4M)(9.4M)(8.9M)
Total Liab630.7M652.1M1.3B1.6B1.7B1.0B
Deferred Long Term Liab9.3M15.6M21.3M21.0M24.1M14.8M
Total Current Assets2.7B2.7B2.9B2.8B2.8B2.2B
Non Current Liabilities Other78.6M73.8M70.7M79.0M78.4M79.2M
Intangible Assets94.5M93.7M118.8M119.9M128.7M120.7M
Common Stock150.3M207.5M280.1M358.5M412.3M207.1M
Property Plant Equipment413.4M594.0M737.7M1.0B1.2B1.3B
Net Invested Capital2.9B3.0B3.6B3.7B3.9B3.0B
Net Working Capital2.3B2.1B1.9B1.9B1.7B1.7B
Short Term Investments160.7M96.0M349.9M81.2M84.4M144.7M
Capital Stock150.3M207.5M280.1M358.5M412.3M269.1M

Currently Active Assets on Macroaxis

Other Information on Investing in Keeson Stock

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