Kingsgate Non Currrent Assets Other vs Other Current Liab 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 Non Currrent Assets Other and its Other Current Liab 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.

Non Currrent Assets Other vs Other Current Liab

Non Currrent Assets Other vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsgate Consolidated Non Currrent Assets Other account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kingsgate Consolidated's Non Currrent Assets Other and Other Current Liab is -0.09. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Liab 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 Non Currrent Assets Other and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Kingsgate Consolidated are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Currrent Assets Other i.e., Kingsgate Consolidated's Non Currrent Assets Other and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Liab

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

0.920.840.760.990.980.790.730.80.97-0.480.80.750.13-0.630.94-0.370.940.950.950.610.110.060.880.840.94
0.920.730.870.870.910.930.610.710.84-0.730.710.80.14-0.610.83-0.430.970.840.930.820.110.040.890.870.91
0.840.730.80.830.80.660.540.610.9-0.090.610.680.3-0.60.870.00.840.90.820.60.320.30.870.780.81
0.760.870.80.680.710.880.430.520.73-0.50.520.820.25-0.490.68-0.210.910.730.80.950.250.160.910.790.75
0.990.870.830.680.980.720.770.810.97-0.390.810.680.1-0.650.95-0.360.890.960.930.510.080.040.840.780.93
0.980.910.80.710.980.760.770.820.95-0.510.820.660.05-0.720.92-0.450.90.930.940.570.03-0.020.830.790.97
0.790.930.660.880.720.760.520.410.75-0.70.410.720.14-0.60.74-0.250.920.760.760.830.140.110.890.840.81
0.730.610.540.430.770.770.520.540.74-0.320.540.38-0.54-0.580.67-0.450.590.70.640.3-0.53-0.110.590.510.73
0.80.710.610.520.810.820.410.540.71-0.421.00.640.12-0.460.7-0.550.680.680.880.440.07-0.10.550.560.73
0.970.840.90.730.970.950.750.740.71-0.30.710.660.17-0.720.97-0.220.910.990.890.530.170.070.910.790.92
-0.48-0.73-0.09-0.5-0.39-0.51-0.7-0.32-0.42-0.3-0.42-0.480.10.33-0.310.61-0.57-0.29-0.54-0.630.160.12-0.4-0.53-0.54
0.80.710.610.520.810.820.410.541.00.71-0.420.640.12-0.460.7-0.550.680.680.880.440.07-0.10.550.560.73
0.750.80.680.820.680.660.720.380.640.66-0.480.640.24-0.250.65-0.250.820.660.850.780.250.360.780.790.61
0.130.140.30.250.10.050.14-0.540.120.170.10.120.24-0.080.220.350.260.210.160.170.990.180.250.180.06
-0.63-0.61-0.6-0.49-0.65-0.72-0.6-0.58-0.46-0.720.33-0.46-0.25-0.08-0.720.2-0.66-0.72-0.59-0.31-0.070.03-0.63-0.51-0.77
0.940.830.870.680.950.920.740.670.70.97-0.310.70.650.22-0.72-0.140.890.980.880.470.220.160.860.830.9
-0.37-0.430.0-0.21-0.36-0.45-0.25-0.45-0.55-0.220.61-0.55-0.250.350.2-0.14-0.27-0.18-0.42-0.310.420.35-0.13-0.08-0.41
0.940.970.840.910.890.90.920.590.680.91-0.570.680.820.26-0.660.89-0.270.910.930.790.250.130.960.890.9
0.950.840.90.730.960.930.760.70.680.99-0.290.680.660.21-0.720.98-0.180.910.870.520.210.110.910.820.91
0.950.930.820.80.930.940.760.640.880.89-0.540.880.850.16-0.590.88-0.420.930.870.690.140.170.840.840.91
0.610.820.60.950.510.570.830.30.440.53-0.630.440.780.17-0.310.47-0.310.790.520.690.160.080.750.690.62
0.110.110.320.250.080.030.14-0.530.070.170.160.070.250.99-0.070.220.420.250.210.140.160.250.270.180.04
0.060.040.30.160.04-0.020.11-0.11-0.10.070.12-0.10.360.180.030.160.350.130.110.170.080.250.170.350.07
0.880.890.870.910.840.830.890.590.550.91-0.40.550.780.25-0.630.86-0.130.960.910.840.750.270.170.820.83
0.840.870.780.790.780.790.840.510.560.79-0.530.560.790.18-0.510.83-0.080.890.820.840.690.180.350.820.8
0.940.910.810.750.930.970.810.730.730.92-0.540.730.610.06-0.770.9-0.410.90.910.910.620.040.070.830.8
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Kingsgate Consolidated Account Relationship Matchups

Kingsgate Consolidated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.5M44.7M43.8M126.7M392.9M208.2M
Short Long Term Debt Total12.7M11.1M19.9M24.0M59.4M44.1M
Other Current Liab3.4M2.8M8.2M13.8M19.6M20.6M
Total Current Liabilities5.0M3.4M18.2M32.1M71.0M74.6M
Total Stockholder Equity12.3M8.3M(7.9M)50.0M247.7M141.8M
Property Plant And Equipment Net280K155K119K120K118.0M130.9M
Net Debt(2.9M)1.2M12.5M14.5M52.4M55.0M
Retained Earnings(721.1M)(730.0M)(742.4M)(737.7M)(537.9M)(511.0M)
Cash15.6M10.0M7.4M9.6M7.0M6.6M
Non Current Assets Total35.3M33.1M35.8M68.4M338.2M355.1M
Non Currrent Assets Other34.5M31.6M34.3M67.6M217.8M228.7M
Cash And Short Term Investments15.6M10.0M7.4M9.6M7.0M6.6M
Net Receivables294K1.0M246K9.3M9.8M5.1M
Common Stock Shares Outstanding223.8M221.9M221.3M232.4M260.3M145.5M
Liabilities And Stockholders Equity51.5M44.7M43.8M126.7M388.9M208.5M
Non Current Liabilities Total34.2M33.0M33.5M44.6M70.2M73.8M
Other Stockholder Equity60.9M1.062.4M53.0M60.9M64.0M
Total Liab39.2M36.4M51.7M76.7M145.2M152.5M
Property Plant And Equipment Gross25.9M103.5M102.4M111.9M348.5M365.9M
Total Current Assets16.2M11.6M8.0M58.3M50.8M46.0M
Accumulated Other Comprehensive Income57.5M62.4M59.0M60.4M58.3M61.2M
Short Term Debt86K83K9.0M12.8M34.3M23.0M
Short Term Investments13K206K204K3.5M762K874.4K
Accounts Payable1.5M565K953K5.6M17.1M18.0M
Inventory(678.0K)(1.5M)1.034.8M29.8M18.7M
Other Current Assets372K571K298K4.6M4.2M8.3M
Long Term Debt12.5M11.0M10.9M11.3M10.8M10.3M
Property Plant Equipment25.9M23.6M25.6M26.6M30.5M29.0M
Current Deferred Revenue(86K)(83K)(9.0M)(12.8M)(14.7M)(15.4M)
Other Assets9.4M1.010.2M41.1M4.0M3.8M
Other Liab21.6M21.9M22.6M33.3M38.3M21.7M
Net Tangible Assets12.3M8.3M(7.9M)49.3M44.4M84.4M
Long Term Investments503K1.4M1.3M2.2M2.5M2.7M
Short Long Term Debt14.8M591K9.0M12.8M29.7M34.1M
Long Term Debt Total12.6M11.1M10.9M11.3M13.0M11.1M
Capital Lease Obligations189K103K20K18.9M21.7M22.8M
Cash And Equivalents15.6M10.0M7.4M8.9M8.0M15.3M
Net Invested Capital24.8M19.3M12.0M74.1M288.2M302.6M

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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.