Krispy Total Current Liabilities vs Gross Profit Margin Analysis

DNUT Stock  USD 10.99  0.07  0.64%   
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 Total Current Liabilities and its Gross Profit Margin 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.

Total Current Liabilities vs Gross Profit Margin

Total Current Liabilities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Krispy Kreme Total Current Liabilities account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Krispy Kreme's Total Current Liabilities and Gross Profit Margin is -0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Gross Profit Margin 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 Total Current Liabilities and Gross Profit Margin 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 Krispy Kreme are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Liabilities i.e., Krispy Kreme's Total Current Liabilities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Krispy Kreme balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Krispy Kreme 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.

Gross Profit Margin

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 Profit1.0B1.1B476.4M859.5M
Total Revenue1.4B1.5B1.7B1.4B

Krispy Kreme fundamental ratios Correlations

0.990.95-0.88-0.840.95-0.930.970.880.880.670.89-0.950.970.590.66-0.430.550.67-0.430.570.64-0.22-0.49-0.150.56
0.990.97-0.88-0.860.98-0.950.950.870.920.70.89-0.970.990.60.67-0.50.620.69-0.50.560.65-0.26-0.57-0.170.56
0.950.97-0.95-0.760.95-0.990.870.740.830.620.76-1.00.980.480.51-0.360.470.54-0.360.440.5-0.17-0.42-0.10.42
-0.88-0.88-0.950.56-0.860.98-0.75-0.6-0.65-0.41-0.590.96-0.88-0.33-0.30.15-0.21-0.290.15-0.28-0.290.090.180.05-0.26
-0.84-0.86-0.760.56-0.830.69-0.93-0.9-0.95-0.93-0.960.75-0.86-0.84-0.930.73-0.84-0.950.73-0.78-0.920.290.790.43-0.82
0.950.980.95-0.86-0.83-0.930.910.880.920.710.86-0.950.970.580.63-0.560.650.65-0.560.470.61-0.42-0.61-0.230.53
-0.93-0.95-0.990.980.69-0.93-0.83-0.69-0.78-0.55-0.71.0-0.95-0.44-0.450.33-0.4-0.450.33-0.39-0.430.140.370.11-0.38
0.970.950.87-0.75-0.930.91-0.830.940.930.790.97-0.870.940.680.79-0.50.660.81-0.510.660.76-0.28-0.59-0.210.66
0.880.870.74-0.6-0.90.88-0.690.940.930.780.98-0.750.830.70.81-0.630.750.82-0.630.60.78-0.53-0.7-0.290.68
0.880.920.83-0.65-0.950.92-0.780.930.930.840.95-0.820.920.670.8-0.680.850.87-0.680.590.78-0.45-0.78-0.230.64
0.670.70.62-0.41-0.930.71-0.550.790.780.840.84-0.620.710.830.88-0.70.780.9-0.70.660.88-0.39-0.74-0.60.79
0.890.890.76-0.59-0.960.86-0.70.970.980.950.84-0.750.860.750.87-0.640.790.9-0.640.690.85-0.41-0.72-0.290.73
-0.95-0.97-1.00.960.75-0.951.0-0.87-0.75-0.82-0.62-0.75-0.97-0.52-0.520.39-0.46-0.530.39-0.45-0.510.180.430.17-0.46
0.970.990.98-0.88-0.860.97-0.950.940.830.920.710.86-0.970.560.64-0.460.620.68-0.470.520.62-0.25-0.55-0.120.51
0.590.60.48-0.33-0.840.58-0.440.680.70.670.830.75-0.520.560.94-0.820.710.82-0.810.890.95-0.12-0.77-0.760.97
0.660.670.51-0.3-0.930.63-0.450.790.810.80.880.87-0.520.640.94-0.820.840.96-0.820.91.0-0.2-0.84-0.590.95
-0.43-0.5-0.360.150.73-0.560.33-0.5-0.63-0.68-0.7-0.640.39-0.46-0.82-0.82-0.89-0.751.0-0.71-0.830.350.970.66-0.82
0.550.620.47-0.21-0.840.65-0.40.660.750.850.780.79-0.460.620.710.84-0.890.9-0.90.650.83-0.42-0.97-0.350.71
0.670.690.54-0.29-0.950.65-0.450.810.820.870.90.9-0.530.680.820.96-0.750.9-0.760.80.95-0.27-0.84-0.390.83
-0.43-0.5-0.360.150.73-0.560.33-0.51-0.63-0.68-0.7-0.640.39-0.47-0.81-0.821.0-0.9-0.76-0.71-0.830.350.970.65-0.82
0.570.560.44-0.28-0.780.47-0.390.660.60.590.660.69-0.450.520.890.9-0.710.650.8-0.710.920.21-0.69-0.530.94
0.640.650.5-0.29-0.920.61-0.430.760.780.780.880.85-0.510.620.951.0-0.830.830.95-0.830.92-0.17-0.84-0.620.96
-0.22-0.26-0.170.090.29-0.420.14-0.28-0.53-0.45-0.39-0.410.18-0.25-0.12-0.20.35-0.42-0.270.350.21-0.170.390.19-0.05
-0.49-0.57-0.420.180.79-0.610.37-0.59-0.7-0.78-0.74-0.720.43-0.55-0.77-0.840.97-0.97-0.840.97-0.69-0.840.390.5-0.77
-0.15-0.17-0.10.050.43-0.230.11-0.21-0.29-0.23-0.6-0.290.17-0.12-0.76-0.590.66-0.35-0.390.65-0.53-0.620.190.5-0.75
0.560.560.42-0.26-0.820.53-0.380.660.680.640.790.73-0.460.510.970.95-0.820.710.83-0.820.940.96-0.05-0.77-0.75
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Krispy Kreme Account Relationship Matchups

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Additional Tools for Krispy Stock Analysis

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.