KBR Reconciled Depreciation vs Extraordinary Items Analysis
KBR Stock | USD 61.18 0.41 0.67% |
KBR financial indicator trend analysis is infinitely more than just investigating KBR Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KBR Inc is a good investment. Please check the relationship between KBR Reconciled Depreciation and its Extraordinary Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KBR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Reconciled Depreciation vs Extraordinary Items
Reconciled Depreciation vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KBR Inc Reconciled Depreciation account and Extraordinary Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KBR's Reconciled Depreciation and Extraordinary Items is -0.43. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of KBR Inc, assuming nothing else is changed. The correlation between historical values of KBR's Reconciled Depreciation and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of KBR Inc are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Reconciled Depreciation i.e., KBR's Reconciled Depreciation and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Reconciled Depreciation
Extraordinary Items
Most indicators from KBR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KBR Inc 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 KBR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of 11/28/2024, Issuance Of Capital Stock is likely to grow to about 6 M, while Selling General Administrative is likely to drop slightly above 274.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 393M | 422M | 488M | 593.1M | Cost Of Revenue | 6.5B | 5.7B | 6.0B | 5.3B |
KBR fundamental ratios Correlations
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KBR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KBR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.4B | 5.7B | 6.2B | 5.6B | 5.6B | 5.6B | |
Total Stockholder Equity | 1.8B | 1.6B | 1.7B | 1.6B | 1.4B | 1.3B | |
Property Plant And Equipment Net | 305M | 284M | 294M | 346M | 377M | 247.3M | |
Net Debt | 720M | 1.4B | 1.7B | 1.6B | 1.7B | 1.8B | |
Cash | 712M | 436M | 370M | 389M | 304M | 288.8M | |
Non Current Assets Total | 3.4B | 4.1B | 4.0B | 3.8B | 3.9B | 2.6B | |
Non Currrent Assets Other | 202M | 165M | 183M | 340M | 365M | 313.8M | |
Other Assets | 438M | 1.5B | 409M | 524M | 471.6M | 440.8M | |
Cash And Short Term Investments | 712M | 436M | 370M | 389M | 304M | 288.8M | |
Liabilities And Stockholders Equity | 5.4B | 5.7B | 6.2B | 5.6B | 5.6B | 5.6B | |
Other Stockholder Equity | 1.4B | 1.4B | 1.3B | 1.1B | 1.2B | 1.1B | |
Total Liab | 3.5B | 4.1B | 4.5B | 3.9B | 4.2B | 3.8B | |
Property Plant And Equipment Gross | 305M | 284M | 725M | 763M | 835M | 876.8M | |
Total Current Assets | 2.0B | 1.6B | 2.2B | 1.7B | 1.7B | 2.1B | |
Short Long Term Debt Total | 1.4B | 1.8B | 2.1B | 2.0B | 2.1B | 2.2B | |
Other Current Liab | 395M | 419M | 443M | 465M | 859M | 506.6M | |
Total Current Liabilities | 1.5B | 1.5B | 1.9B | 1.8B | 1.6B | 1.6B | |
Current Deferred Revenue | 484M | 356M | 313M | 275M | 11M | 10.5M | |
Retained Earnings | 1.4B | 1.3B | 1.3B | 1.4B | 1.1B | 999.8M | |
Accounts Payable | 572M | 574M | 1.0B | 637M | 593M | 787.8M | |
Net Receivables | 1.2B | 1.1B | 1.7B | 1.2B | 1.2B | 1.3B | |
Non Current Liabilities Total | 2.0B | 2.6B | 2.6B | 2.1B | 2.6B | 1.6B | |
Other Current Assets | 146M | 131M | 162M | 182M | 156M | 210.6M | |
Accumulated Other Comprehensive Income | (987M) | (1.1B) | (881M) | (882M) | (915M) | (960.8M) | |
Short Term Debt | 50M | 61M | 57M | 412M | 79M | 82.2M | |
Common Stock | 178K | 179K | 180K | 180.8K | 162.7K | 154.6K | |
Other Liab | 611M | 869M | 581M | 533M | 613.0M | 819.4M | |
Long Term Debt | 1.2B | 1.6B | 1.9B | 1.4B | 1.8B | 1.9B | |
Intangible Assets | 495M | 683M | 708M | 645M | 618M | 329.6M | |
Net Tangible Assets | 83M | (864M) | (1.1B) | (1.1B) | (1.0B) | (950.8M) | |
Noncontrolling Interest In Consolidated Entity | 20M | 14M | 29M | 12M | 13.8M | 14.5M | |
Retained Earnings Total Equity | 1.4B | 1.3B | 1.3B | 1.4B | 1.6B | 1.3B | |
Capital Surpluse | 2.2B | 2.2B | 2.3B | 2.2B | 2.6B | 2.3B | |
Deferred Long Term Liab | 16M | 26M | 70M | 92M | 82.8M | 86.9M |
Pair Trading with KBR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KBR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KBR will appreciate offsetting losses from the drop in the long position's value.Moving against KBR Stock
The ability to find closely correlated positions to KBR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KBR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KBR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KBR Inc to buy it.
The correlation of KBR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KBR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KBR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KBR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KBR Stock Analysis
When running KBR's price analysis, check to measure KBR'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 KBR is operating at the current time. Most of KBR's value examination focuses on studying past and present price action to predict the probability of KBR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KBR's price. Additionally, you may evaluate how the addition of KBR to your portfolios can decrease your overall portfolio volatility.