Kaynes Property Plant And Equipment Net vs 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 Property Plant And Equipment Net and its 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.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs 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 Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Kaynes Technology's Property Plant And Equipment Net and Short Term Investments is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of Kaynes Technology India are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Kaynes Technology's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Kaynes Technology balance sheet. It contains any investments Kaynes Technology India undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Kaynes Technology India can easily liquidate in the marketplace.
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.