Kaynes Inventory vs Short Term Debt 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 Inventory and its Short Term Debt 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.

Inventory vs Short Term Debt

Inventory vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaynes Technology India Inventory account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kaynes Technology's Inventory and Short Term Debt is 0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Debt 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 Inventory and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Kaynes Technology India are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Inventory i.e., Kaynes Technology's Inventory and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Short Term Debt

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.