Keeson Non Current Assets Total vs Cash 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 Non Current Assets Total and its Cash 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keeson Technology Corp Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Keeson Technology's Non Current Assets Total and Cash is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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 Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Keeson Technology Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Keeson Technology's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Keeson Technology Corp, which is listed under current asset account on Keeson Technology Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Keeson Technology customers. The amounts must be unrestricted with restricted cash listed in a different Keeson Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.