Kaynes Total Stockholder Equity vs Other Current Assets 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 Total Stockholder Equity and its Other Current Assets 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaynes Technology India Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Kaynes Technology's Total Stockholder Equity and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets 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 Total Stockholder Equity and Other Current Assets 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 Stockholder Equity of Kaynes Technology India are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., Kaynes Technology's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Expense	247.3M	349.4M	514.2M	325.4M
Depreciation And Amortization	131.6M	187.4M	251.4M	147.8M

Interest Expense Depreciation And Amortization

Kaynes Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.81	0.98	0.86	1.0	0.99	0.12	0.79	1.0	0.85	-0.12	0.99	0.97	-0.92	1.0	0.85	0.97	0.78	1.0	0.17	0.84	0.98	1.0	0.85	1.0	0.8
Short Long Term Debt Total	0.81		0.78	0.94	0.8	0.83	0.0	0.98	0.8	0.9	-0.13	0.83	0.83	-0.63	0.81	0.9	0.83	0.81	0.81	0.19	0.85	0.74	0.81	0.94	0.8	0.99
Other Current Liab	0.98	0.78		0.87	0.98	0.96	0.02	0.76	0.99	0.87	-0.07	0.96	0.91	-0.87	0.97	0.87	0.91	0.82	0.97	0.28	0.87	0.99	0.97	0.87	0.98	0.76
Total Current Liabilities	0.86	0.94	0.87		0.85	0.84	-0.02	0.92	0.87	0.99	-0.14	0.84	0.79	-0.61	0.84	0.99	0.79	0.88	0.84	0.22	0.98	0.86	0.84	1.0	0.86	0.93
Total Stockholder Equity	1.0	0.8	0.98	0.85		0.99	0.14	0.79	0.99	0.84	-0.1	0.99	0.97	-0.92	1.0	0.84	0.97	0.76	1.0	0.15	0.84	0.98	1.0	0.85	1.0	0.8
Property Plant And Equipment Net	0.99	0.83	0.96	0.84	0.99		0.08	0.83	0.99	0.82	-0.18	1.0	0.99	-0.94	0.99	0.83	0.98	0.78	0.99	0.15	0.81	0.95	0.99	0.84	0.99	0.82
Current Deferred Revenue	0.12	0.0	0.02	-0.02	0.14	0.08		-0.12	0.07	-0.01	0.61	0.08	0.14	-0.13	0.18	0.0	0.14	-0.38	0.17	-0.32	0.03	0.08	0.16	-0.04	0.13	0.06
Net Debt	0.79	0.98	0.76	0.92	0.79	0.83	-0.12		0.79	0.87	-0.32	0.83	0.82	-0.63	0.78	0.87	0.82	0.85	0.79	0.13	0.83	0.73	0.79	0.92	0.78	0.98
Retained Earnings	1.0	0.8	0.99	0.87	0.99	0.99	0.07	0.79		0.87	-0.15	0.98	0.94	-0.9	0.99	0.87	0.94	0.81	0.99	0.2	0.87	0.99	0.99	0.87	1.0	0.79
Accounts Payable	0.85	0.9	0.87	0.99	0.84	0.82	-0.01	0.87	0.87		-0.1	0.82	0.76	-0.58	0.83	1.0	0.75	0.87	0.83	0.25	0.99	0.87	0.83	0.99	0.85	0.88
Cash	-0.12	-0.13	-0.07	-0.14	-0.1	-0.18	0.61	-0.32	-0.15	-0.1		-0.18	-0.13	0.15	-0.07	-0.08	-0.14	-0.35	-0.09	0.23	-0.09	-0.09	-0.1	-0.13	-0.1	-0.14
Non Current Assets Total	0.99	0.83	0.96	0.84	0.99	1.0	0.08	0.83	0.98	0.82	-0.18		0.99	-0.94	0.99	0.82	0.99	0.78	0.99	0.15	0.8	0.95	0.99	0.84	0.99	0.83
Non Currrent Assets Other	0.97	0.83	0.91	0.79	0.97	0.99	0.14	0.82	0.94	0.76	-0.13	0.99		-0.95	0.98	0.76	1.0	0.71	0.98	0.1	0.73	0.9	0.97	0.79	0.96	0.83
Other Assets	-0.92	-0.63	-0.87	-0.61	-0.92	-0.94	-0.13	-0.63	-0.9	-0.58	0.15	-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
Cash And Short Term Investments	1.0	0.81	0.97	0.84	1.0	0.99	0.18	0.78	0.99	0.83	-0.07	0.99	0.98	-0.93		0.83	0.98	0.74	1.0	0.13	0.82	0.97	1.0	0.84	1.0	0.81
Net Receivables	0.85	0.9	0.87	0.99	0.84	0.83	0.0	0.87	0.87	1.0	-0.08	0.82	0.76	-0.59	0.83		0.76	0.88	0.83	0.29	0.99	0.87	0.83	0.99	0.86	0.88
Good Will	0.97	0.83	0.91	0.79	0.97	0.98	0.14	0.82	0.94	0.75	-0.14	0.99	1.0	-0.95	0.98	0.76		0.71	0.98	0.1	0.73	0.9	0.97	0.78	0.96	0.83
Common Stock Shares Outstanding	0.78	0.81	0.82	0.88	0.76	0.78	-0.38	0.85	0.81	0.87	-0.35	0.78	0.71	-0.61	0.74	0.88	0.71		0.74	0.52	0.83	0.78	0.75	0.89	0.78	0.76
Short Term Investments	1.0	0.81	0.97	0.84	1.0	0.99	0.17	0.79	0.99	0.83	-0.09	0.99	0.98	-0.93	1.0	0.83	0.98	0.74		0.13	0.82	0.97	1.0	0.84	1.0	0.81
Non Current Liabilities Total	0.17	0.19	0.28	0.22	0.15	0.15	-0.32	0.13	0.2	0.25	0.23	0.15	0.1	-0.14	0.13	0.29	0.1	0.52	0.13		0.17	0.17	0.13	0.26	0.18	0.07
Inventory	0.84	0.85	0.87	0.98	0.84	0.81	0.03	0.83	0.87	0.99	-0.09	0.8	0.73	-0.56	0.82	0.99	0.73	0.83	0.82	0.17		0.88	0.83	0.97	0.85	0.84
Other Current Assets	0.98	0.74	0.99	0.86	0.98	0.95	0.08	0.73	0.99	0.87	-0.09	0.95	0.9	-0.85	0.97	0.87	0.9	0.78	0.97	0.17	0.88		0.97	0.86	0.98	0.74
Other Stockholder Equity	1.0	0.81	0.97	0.84	1.0	0.99	0.16	0.79	0.99	0.83	-0.1	0.99	0.97	-0.92	1.0	0.83	0.97	0.75	1.0	0.13	0.83	0.97		0.84	1.0	0.81
Total Liab	0.85	0.94	0.87	1.0	0.85	0.84	-0.04	0.92	0.87	0.99	-0.13	0.84	0.79	-0.61	0.84	0.99	0.78	0.89	0.84	0.26	0.97	0.86	0.84		0.86	0.92
Total Current Assets	1.0	0.8	0.98	0.86	1.0	0.99	0.13	0.78	1.0	0.85	-0.1	0.99	0.96	-0.91	1.0	0.86	0.96	0.78	1.0	0.18	0.85	0.98	1.0	0.86		0.79
Short Term Debt	0.8	0.99	0.76	0.93	0.8	0.82	0.06	0.98	0.79	0.88	-0.14	0.83	0.83	-0.62	0.81	0.88	0.83	0.76	0.81	0.07	0.84	0.74	0.81	0.92	0.79

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Kaynes Technology Account Relationship Matchups

Kaynes Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.2B	6.2B	14.2B	32.7B	34.3B
Short Long Term Debt Total	1.5B	1.5B	1.9B	1.5B	3.2B	2.1B
Other Current Liab	(10K)	171.1M	251.5M	470.7M	770.3M	808.8M
Total Current Liabilities	2.5B	2.5B	3.6B	4.2B	7.4B	4.1B
Total Stockholder Equity	1.0B	1.4B	2.0B	9.6B	24.9B	26.1B
Property Plant And Equipment Net	638.4M	659.3M	864.4M	1.2B	3.6B	3.8B
Current Deferred Revenue	189.7M	(1.2B)	(1.4B)	117.2M	33.5M	35.2M
Net Debt	1.5B	1.5B	1.8B	1.3B	3.0B	1.9B
Retained Earnings	803.4M	897M	1.3B	2.3B	4.1B	4.3B
Accounts Payable	920.8M	954.3M	1.6B	2.2B	3.6B	1.9B
Cash	7.4M	30.5M	68.7M	280.3M	194.1M	154.4M
Non Current Assets Total	876.6M	1.0B	1.4B	1.9B	6.8B	7.1B
Cash And Short Term Investments	85.2M	118.3M	164.0M	4.9B	15.3B	16.0B
Net Receivables	1.3B	1.2B	2.0B	2.4B	3.6B	2.2B
Short Term Investments	77.8M	87.8M	95.3M	4.7B	15.0B	15.7B
Liabilities And Stockholders Equity	3.8B	4.2B	6.2B	14.2B	32.7B	34.3B
Non Current Liabilities Total	294.3M	319.6M	565.6M	432.2M	404.8M	445.0M
Inventory	1.5B	1.6B	2.3B	4.1B	6.0B	3.1B
Other Current Assets	10K	214.4M	160.4M	765.7M	1.2B	1.2B
Total Liab	2.7B	2.8B	4.2B	4.6B	7.8B	4.5B
Total Current Assets	2.9B	3.2B	4.9B	12.3B	25.9B	27.2B
Accumulated Other Comprehensive Income	148.1M	144.1M	142.2M	156.6M	169.3M	165.5M
Short Term Debt	1.3B	1.2B	1.4B	1.2B	3.0B	1.7B
Intangible Assets	114.9M	243.1M	328.8M	402.7M	468.7M	294.8M

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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.

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Kaynes Total Stockholder Equity vs Other Current Assets Analysis

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Other Current Assets

Kaynes Technology fundamental ratios Correlations

Kaynes Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kaynes Technology fundamental ratios Accounts

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Other Information on Investing in Kaynes Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Good Will	- 0.95	Other Assets
Other Assets	- 0.95	Non Currrent Assets Other
Other Assets	- 0.94	Non Current Assets Total
Other Assets	- 0.94	Property Plant And Equipment Net
Short Term Investments	- 0.93	Other Assets
Cash And Short Term Investments	- 0.93	Other Assets