Krispy Net Debt vs Accounts Payable Analysis
DNUT Stock | USD 11.04 0.15 1.38% |
Krispy Kreme financial indicator trend analysis is infinitely more than just investigating Krispy Kreme recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Krispy Kreme is a good investment. Please check the relationship between Krispy Kreme Net Debt and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Krispy Kreme. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Krispy Stock please use our How to Invest in Krispy Kreme guide.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Krispy Kreme Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Krispy Kreme's Net Debt and Accounts Payable is -0.56. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Krispy Kreme, assuming nothing else is changed. The correlation between historical values of Krispy Kreme's Net Debt and Accounts Payable 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 Debt of Krispy Kreme are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., Krispy Kreme's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Krispy Kreme obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Krispy Kreme are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Krispy Kreme's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Krispy Kreme 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Krispy Kreme. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Krispy Stock please use our How to Invest in Krispy Kreme guide.Tax Provision is likely to drop to about 7.3 M in 2024. Selling General Administrative is likely to drop to about 230.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 340.4M | 323.4M | Total Revenue | 1.4B | 1.5B | 1.7B | 1.4B |
Krispy Kreme fundamental ratios Correlations
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Krispy Kreme Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Krispy Kreme's price analysis, check to measure Krispy Kreme'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 Krispy Kreme is operating at the current time. Most of Krispy Kreme's value examination focuses on studying past and present price action to predict the probability of Krispy Kreme's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krispy Kreme's price. Additionally, you may evaluate how the addition of Krispy Kreme to your portfolios can decrease your overall portfolio volatility.