Kaynes Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

KAYNES Stock   5,855  44.70  0.77%   
Kaynes Technology financial indicator trend analysis is infinitely more than just investigating Kaynes Technology India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaynes Technology India is a good investment. Please check the relationship between Kaynes Technology Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaynes Technology India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaynes Technology India Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kaynes Technology's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.74. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Kaynes Technology India, assuming nothing else is changed. The correlation between historical values of Kaynes Technology's Common Stock Shares Outstanding and Cash And Short Term Investments 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 Shares Outstanding of Kaynes Technology India are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Kaynes Technology's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Kaynes Technology India balance sheet. This account contains Kaynes Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kaynes Technology India fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Kaynes Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaynes Technology India 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaynes Technology India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 1.1 B
 2021 2022 2023 2024 (projected)
Interest Expense247.3M349.4M514.2M325.4M
Depreciation And Amortization131.6M187.4M251.4M147.8M

Kaynes Technology fundamental ratios Correlations

0.810.980.861.00.990.120.791.00.85-0.120.990.97-0.921.00.850.970.781.00.170.840.981.00.851.00.8
0.810.780.940.80.830.00.980.80.9-0.130.830.83-0.630.810.90.830.810.810.190.850.740.810.940.80.99
0.980.780.870.980.960.020.760.990.87-0.070.960.91-0.870.970.870.910.820.970.280.870.990.970.870.980.76
0.860.940.870.850.84-0.020.920.870.99-0.140.840.79-0.610.840.990.790.880.840.220.980.860.841.00.860.93
1.00.80.980.850.990.140.790.990.84-0.10.990.97-0.921.00.840.970.761.00.150.840.981.00.851.00.8
0.990.830.960.840.990.080.830.990.82-0.181.00.99-0.940.990.830.980.780.990.150.810.950.990.840.990.82
0.120.00.02-0.020.140.08-0.120.07-0.010.610.080.14-0.130.180.00.14-0.380.17-0.320.030.080.16-0.040.130.06
0.790.980.760.920.790.83-0.120.790.87-0.320.830.82-0.630.780.870.820.850.790.130.830.730.790.920.780.98
1.00.80.990.870.990.990.070.790.87-0.150.980.94-0.90.990.870.940.810.990.20.870.990.990.871.00.79
0.850.90.870.990.840.82-0.010.870.87-0.10.820.76-0.580.831.00.750.870.830.250.990.870.830.990.850.88
-0.12-0.13-0.07-0.14-0.1-0.180.61-0.32-0.15-0.1-0.18-0.130.15-0.07-0.08-0.14-0.35-0.090.23-0.09-0.09-0.1-0.13-0.1-0.14
0.990.830.960.840.991.00.080.830.980.82-0.180.99-0.940.990.820.990.780.990.150.80.950.990.840.990.83
0.970.830.910.790.970.990.140.820.940.76-0.130.99-0.950.980.761.00.710.980.10.730.90.970.790.960.83
-0.92-0.63-0.87-0.61-0.92-0.94-0.13-0.63-0.9-0.580.15-0.94-0.95-0.93-0.59-0.95-0.61-0.93-0.14-0.56-0.85-0.92-0.61-0.91-0.62
1.00.810.970.841.00.990.180.780.990.83-0.070.990.98-0.930.830.980.741.00.130.820.971.00.841.00.81
0.850.90.870.990.840.830.00.870.871.0-0.080.820.76-0.590.830.760.880.830.290.990.870.830.990.860.88
0.970.830.910.790.970.980.140.820.940.75-0.140.991.0-0.950.980.760.710.980.10.730.90.970.780.960.83
0.780.810.820.880.760.78-0.380.850.810.87-0.350.780.71-0.610.740.880.710.740.520.830.780.750.890.780.76
1.00.810.970.841.00.990.170.790.990.83-0.090.990.98-0.931.00.830.980.740.130.820.971.00.841.00.81
0.170.190.280.220.150.15-0.320.130.20.250.230.150.1-0.140.130.290.10.520.130.170.170.130.260.180.07
0.840.850.870.980.840.810.030.830.870.99-0.090.80.73-0.560.820.990.730.830.820.170.880.830.970.850.84
0.980.740.990.860.980.950.080.730.990.87-0.090.950.9-0.850.970.870.90.780.970.170.880.970.860.980.74
1.00.810.970.841.00.990.160.790.990.83-0.10.990.97-0.921.00.830.970.751.00.130.830.970.841.00.81
0.850.940.871.00.850.84-0.040.920.870.99-0.130.840.79-0.610.840.990.780.890.840.260.970.860.840.860.92
1.00.80.980.861.00.990.130.781.00.85-0.10.990.96-0.911.00.860.960.781.00.180.850.981.00.860.79
0.80.990.760.930.80.820.060.980.790.88-0.140.830.83-0.620.810.880.830.760.810.070.840.740.810.920.79
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Kaynes Technology Account Relationship Matchups

Kaynes Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.2B6.2B14.2B32.7B34.3B
Short Long Term Debt Total1.5B1.5B1.9B1.5B3.2B2.1B
Other Current Liab(10K)171.1M251.5M470.7M770.3M808.8M
Total Current Liabilities2.5B2.5B3.6B4.2B7.4B4.1B
Total Stockholder Equity1.0B1.4B2.0B9.6B24.9B26.1B
Property Plant And Equipment Net638.4M659.3M864.4M1.2B3.6B3.8B
Current Deferred Revenue189.7M(1.2B)(1.4B)117.2M33.5M35.2M
Net Debt1.5B1.5B1.8B1.3B3.0B1.9B
Retained Earnings803.4M897M1.3B2.3B4.1B4.3B
Accounts Payable920.8M954.3M1.6B2.2B3.6B1.9B
Cash7.4M30.5M68.7M280.3M194.1M154.4M
Non Current Assets Total876.6M1.0B1.4B1.9B6.8B7.1B
Cash And Short Term Investments85.2M118.3M164.0M4.9B15.3B16.0B
Net Receivables1.3B1.2B2.0B2.4B3.6B2.2B
Short Term Investments77.8M87.8M95.3M4.7B15.0B15.7B
Liabilities And Stockholders Equity3.8B4.2B6.2B14.2B32.7B34.3B
Non Current Liabilities Total294.3M319.6M565.6M432.2M404.8M445.0M
Inventory1.5B1.6B2.3B4.1B6.0B3.1B
Other Current Assets10K214.4M160.4M765.7M1.2B1.2B
Total Liab2.7B2.8B4.2B4.6B7.8B4.5B
Total Current Assets2.9B3.2B4.9B12.3B25.9B27.2B
Accumulated Other Comprehensive Income148.1M144.1M142.2M156.6M169.3M165.5M
Short Term Debt1.3B1.2B1.4B1.2B3.0B1.7B
Intangible Assets114.9M243.1M328.8M402.7M468.7M294.8M

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Other Information on Investing in Kaynes Stock

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