Kingsgate Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.
Total Current Liabilities vs Other Stockholder Equity
Total Current Liabilities vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsgate Consolidated Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kingsgate Consolidated's Total Current Liabilities and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity 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 Current Liabilities of Kingsgate Consolidated are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Kingsgate Consolidated's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Kingsgate Consolidated balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kingsgate Consolidated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Stockholder Equity
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.