Kingsgate Interest Income vs Income Before Tax 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 Interest Income and its Income Before Tax 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsgate Consolidated Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Kingsgate Consolidated's Interest Income and Income Before Tax is -0.57. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax 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 Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Kingsgate Consolidated are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Kingsgate Consolidated's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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.

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Accounts Payable	Inventory	Other Current Assets
Total Assets		0.92	0.84	0.76	0.99	0.98	0.79	0.73	0.8	0.97	-0.48	0.8	0.75	0.13	-0.63	0.94	-0.37	0.94	0.95	0.95	0.61	0.11	0.06	0.88	0.84	0.94
Short Long Term Debt Total	0.92		0.73	0.87	0.87	0.91	0.93	0.61	0.71	0.84	-0.73	0.71	0.8	0.14	-0.61	0.83	-0.43	0.97	0.84	0.93	0.82	0.11	0.04	0.89	0.87	0.91
Other Current Liab	0.84	0.73		0.8	0.83	0.8	0.66	0.54	0.61	0.9	-0.09	0.61	0.68	0.3	-0.6	0.87	0.0	0.84	0.9	0.82	0.6	0.32	0.3	0.87	0.78	0.81
Total Current Liabilities	0.76	0.87	0.8		0.68	0.71	0.88	0.43	0.52	0.73	-0.5	0.52	0.82	0.25	-0.49	0.68	-0.21	0.91	0.73	0.8	0.95	0.25	0.16	0.91	0.79	0.75
Total Stockholder Equity	0.99	0.87	0.83	0.68		0.98	0.72	0.77	0.81	0.97	-0.39	0.81	0.68	0.1	-0.65	0.95	-0.36	0.89	0.96	0.93	0.51	0.08	0.04	0.84	0.78	0.93
Property Plant And Equipment Net	0.98	0.91	0.8	0.71	0.98		0.76	0.77	0.82	0.95	-0.51	0.82	0.66	0.05	-0.72	0.92	-0.45	0.9	0.93	0.94	0.57	0.03	-0.02	0.83	0.79	0.97
Net Debt	0.79	0.93	0.66	0.88	0.72	0.76		0.52	0.41	0.75	-0.7	0.41	0.72	0.14	-0.6	0.74	-0.25	0.92	0.76	0.76	0.83	0.14	0.11	0.89	0.84	0.81
Retained Earnings	0.73	0.61	0.54	0.43	0.77	0.77	0.52		0.54	0.74	-0.32	0.54	0.38	-0.54	-0.58	0.67	-0.45	0.59	0.7	0.64	0.3	-0.53	-0.11	0.59	0.51	0.73
Cash	0.8	0.71	0.61	0.52	0.81	0.82	0.41	0.54		0.71	-0.42	1.0	0.64	0.12	-0.46	0.7	-0.55	0.68	0.68	0.88	0.44	0.07	-0.1	0.55	0.56	0.73
Non Current Assets Total	0.97	0.84	0.9	0.73	0.97	0.95	0.75	0.74	0.71		-0.3	0.71	0.66	0.17	-0.72	0.97	-0.22	0.91	0.99	0.89	0.53	0.17	0.07	0.91	0.79	0.92
Non Currrent Assets Other	-0.48	-0.73	-0.09	-0.5	-0.39	-0.51	-0.7	-0.32	-0.42	-0.3		-0.42	-0.48	0.1	0.33	-0.31	0.61	-0.57	-0.29	-0.54	-0.63	0.16	0.12	-0.4	-0.53	-0.54
Cash And Short Term Investments	0.8	0.71	0.61	0.52	0.81	0.82	0.41	0.54	1.0	0.71	-0.42		0.64	0.12	-0.46	0.7	-0.55	0.68	0.68	0.88	0.44	0.07	-0.1	0.55	0.56	0.73
Net Receivables	0.75	0.8	0.68	0.82	0.68	0.66	0.72	0.38	0.64	0.66	-0.48	0.64		0.24	-0.25	0.65	-0.25	0.82	0.66	0.85	0.78	0.25	0.36	0.78	0.79	0.61
Common Stock Total Equity	0.13	0.14	0.3	0.25	0.1	0.05	0.14	-0.54	0.12	0.17	0.1	0.12	0.24		-0.08	0.22	0.35	0.26	0.21	0.16	0.17	0.99	0.18	0.25	0.18	0.06
Common Stock Shares Outstanding	-0.63	-0.61	-0.6	-0.49	-0.65	-0.72	-0.6	-0.58	-0.46	-0.72	0.33	-0.46	-0.25	-0.08		-0.72	0.2	-0.66	-0.72	-0.59	-0.31	-0.07	0.03	-0.63	-0.51	-0.77
Non Current Liabilities Total	0.94	0.83	0.87	0.68	0.95	0.92	0.74	0.67	0.7	0.97	-0.31	0.7	0.65	0.22	-0.72		-0.14	0.89	0.98	0.88	0.47	0.22	0.16	0.86	0.83	0.9
Other Stockholder Equity	-0.37	-0.43	0.0	-0.21	-0.36	-0.45	-0.25	-0.45	-0.55	-0.22	0.61	-0.55	-0.25	0.35	0.2	-0.14		-0.27	-0.18	-0.42	-0.31	0.42	0.35	-0.13	-0.08	-0.41
Total Liab	0.94	0.97	0.84	0.91	0.89	0.9	0.92	0.59	0.68	0.91	-0.57	0.68	0.82	0.26	-0.66	0.89	-0.27		0.91	0.93	0.79	0.25	0.13	0.96	0.89	0.9
Property Plant And Equipment Gross	0.95	0.84	0.9	0.73	0.96	0.93	0.76	0.7	0.68	0.99	-0.29	0.68	0.66	0.21	-0.72	0.98	-0.18	0.91		0.87	0.52	0.21	0.11	0.91	0.82	0.91
Total Current Assets	0.95	0.93	0.82	0.8	0.93	0.94	0.76	0.64	0.88	0.89	-0.54	0.88	0.85	0.16	-0.59	0.88	-0.42	0.93	0.87		0.69	0.14	0.17	0.84	0.84	0.91
Short Term Debt	0.61	0.82	0.6	0.95	0.51	0.57	0.83	0.3	0.44	0.53	-0.63	0.44	0.78	0.17	-0.31	0.47	-0.31	0.79	0.52	0.69		0.16	0.08	0.75	0.69	0.62
Common Stock	0.11	0.11	0.32	0.25	0.08	0.03	0.14	-0.53	0.07	0.17	0.16	0.07	0.25	0.99	-0.07	0.22	0.42	0.25	0.21	0.14	0.16		0.25	0.27	0.18	0.04
Short Term Investments	0.06	0.04	0.3	0.16	0.04	-0.02	0.11	-0.11	-0.1	0.07	0.12	-0.1	0.36	0.18	0.03	0.16	0.35	0.13	0.11	0.17	0.08	0.25		0.17	0.35	0.07
Accounts Payable	0.88	0.89	0.87	0.91	0.84	0.83	0.89	0.59	0.55	0.91	-0.4	0.55	0.78	0.25	-0.63	0.86	-0.13	0.96	0.91	0.84	0.75	0.27	0.17		0.82	0.83
Inventory	0.84	0.87	0.78	0.79	0.78	0.79	0.84	0.51	0.56	0.79	-0.53	0.56	0.79	0.18	-0.51	0.83	-0.08	0.89	0.82	0.84	0.69	0.18	0.35	0.82		0.8
Other Current Assets	0.94	0.91	0.81	0.75	0.93	0.97	0.81	0.73	0.73	0.92	-0.54	0.73	0.61	0.06	-0.77	0.9	-0.41	0.9	0.91	0.91	0.62	0.04	0.07	0.83	0.8

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Kingsgate Consolidated Account Relationship Matchups

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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