Kingsgate Income Before Tax vs Total Revenue Analysis
KCN Stock | 1.43 0.02 1.42% |
Kingsgate Consolidated financial indicator trend analysis is infinitely more than just investigating Kingsgate Consolidated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsgate Consolidated is a good investment. Please check the relationship between Kingsgate Consolidated Income Before Tax and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsgate Consolidated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsgate Consolidated Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kingsgate Consolidated's Income Before Tax and Total Revenue is -0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Kingsgate Consolidated, assuming nothing else is changed. The correlation between historical values of Kingsgate Consolidated's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Kingsgate Consolidated are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Kingsgate Consolidated's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Kingsgate Consolidated income statement and is an important metric when analyzing Kingsgate Consolidated profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Kingsgate Consolidated generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Kingsgate Consolidated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsgate Consolidated 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 Kingsgate Consolidated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Kingsgate Consolidated's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 41.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.8 M in 2024.
Kingsgate Consolidated fundamental ratios Correlations
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Kingsgate Consolidated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsgate Consolidated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.5M | 44.7M | 43.8M | 126.7M | 392.9M | 208.2M | |
Short Long Term Debt Total | 12.7M | 11.1M | 19.9M | 24.0M | 59.4M | 44.1M | |
Other Current Liab | 3.4M | 2.8M | 8.2M | 13.8M | 19.6M | 20.6M | |
Total Current Liabilities | 5.0M | 3.4M | 18.2M | 32.1M | 71.0M | 74.6M | |
Total Stockholder Equity | 12.3M | 8.3M | (7.9M) | 50.0M | 247.7M | 141.8M | |
Property Plant And Equipment Net | 280K | 155K | 119K | 120K | 118.0M | 130.9M | |
Net Debt | (2.9M) | 1.2M | 12.5M | 14.5M | 52.4M | 55.0M | |
Retained Earnings | (721.1M) | (730.0M) | (742.4M) | (737.7M) | (537.9M) | (511.0M) | |
Cash | 15.6M | 10.0M | 7.4M | 9.6M | 7.0M | 6.6M | |
Non Current Assets Total | 35.3M | 33.1M | 35.8M | 68.4M | 338.2M | 355.1M | |
Non Currrent Assets Other | 34.5M | 31.6M | 34.3M | 67.6M | 217.8M | 228.7M | |
Cash And Short Term Investments | 15.6M | 10.0M | 7.4M | 9.6M | 7.0M | 6.6M | |
Net Receivables | 294K | 1.0M | 246K | 9.3M | 9.8M | 5.1M | |
Common Stock Shares Outstanding | 223.8M | 221.9M | 221.3M | 232.4M | 260.3M | 145.5M | |
Liabilities And Stockholders Equity | 51.5M | 44.7M | 43.8M | 126.7M | 388.9M | 208.5M | |
Non Current Liabilities Total | 34.2M | 33.0M | 33.5M | 44.6M | 70.2M | 73.8M | |
Other Stockholder Equity | 60.9M | 1.0 | 62.4M | 53.0M | 60.9M | 64.0M | |
Total Liab | 39.2M | 36.4M | 51.7M | 76.7M | 145.2M | 152.5M | |
Property Plant And Equipment Gross | 25.9M | 103.5M | 102.4M | 111.9M | 348.5M | 365.9M | |
Total Current Assets | 16.2M | 11.6M | 8.0M | 58.3M | 50.8M | 46.0M | |
Accumulated Other Comprehensive Income | 57.5M | 62.4M | 59.0M | 60.4M | 58.3M | 61.2M | |
Short Term Debt | 86K | 83K | 9.0M | 12.8M | 34.3M | 23.0M | |
Short Term Investments | 13K | 206K | 204K | 3.5M | 762K | 874.4K | |
Accounts Payable | 1.5M | 565K | 953K | 5.6M | 17.1M | 18.0M | |
Inventory | (678.0K) | (1.5M) | 1.0 | 34.8M | 29.8M | 18.7M | |
Other Current Assets | 372K | 571K | 298K | 4.6M | 4.2M | 8.3M | |
Long Term Debt | 12.5M | 11.0M | 10.9M | 11.3M | 10.8M | 10.3M | |
Property Plant Equipment | 25.9M | 23.6M | 25.6M | 26.6M | 30.5M | 29.0M | |
Current Deferred Revenue | (86K) | (83K) | (9.0M) | (12.8M) | (14.7M) | (15.4M) | |
Other Assets | 9.4M | 1.0 | 10.2M | 41.1M | 4.0M | 3.8M | |
Other Liab | 21.6M | 21.9M | 22.6M | 33.3M | 38.3M | 21.7M | |
Net Tangible Assets | 12.3M | 8.3M | (7.9M) | 49.3M | 44.4M | 84.4M | |
Long Term Investments | 503K | 1.4M | 1.3M | 2.2M | 2.5M | 2.7M | |
Short Long Term Debt | 14.8M | 591K | 9.0M | 12.8M | 29.7M | 34.1M | |
Long Term Debt Total | 12.6M | 11.1M | 10.9M | 11.3M | 13.0M | 11.1M | |
Capital Lease Obligations | 189K | 103K | 20K | 18.9M | 21.7M | 22.8M | |
Cash And Equivalents | 15.6M | 10.0M | 7.4M | 8.9M | 8.0M | 15.3M | |
Net Invested Capital | 24.8M | 19.3M | 12.0M | 74.1M | 288.2M | 302.6M |
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When running Kingsgate Consolidated's price analysis, check to measure Kingsgate Consolidated'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 Kingsgate Consolidated is operating at the current time. Most of Kingsgate Consolidated's value examination focuses on studying past and present price action to predict the probability of Kingsgate Consolidated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsgate Consolidated's price. Additionally, you may evaluate how the addition of Kingsgate Consolidated to your portfolios can decrease your overall portfolio volatility.