KCP Other Operating Expenses vs Income Before Tax Analysis

KCPSUGIND   46.95  0.83  1.80%   
KCP Sugar financial indicator trend analysis is infinitely more than just investigating KCP Sugar recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KCP Sugar is a good investment. Please check the relationship between KCP Sugar Other Operating Expenses and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KCP Sugar and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KCP Sugar Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KCP Sugar's Other Operating Expenses and Income Before Tax is -0.5. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of KCP Sugar and, assuming nothing else is changed. The correlation between historical values of KCP Sugar's Other Operating Expenses 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 Other Operating Expenses of KCP Sugar and 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 Other Operating Expenses i.e., KCP Sugar's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of KCP Sugar. It is also known as KCP Sugar overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on KCP Sugar income statement and is an important metric when analyzing KCP Sugar 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 KCP Sugar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KCP Sugar 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 KCP Sugar and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The current Selling General Administrative is estimated to decrease to about 15.1 M. The current Tax Provision is estimated to decrease to 1,207
 2021 2022 2023 2024 (projected)
Gross Profit920.2M846.0M525.4M989.7M
Total Revenue3.2B2.9B3.5B3.8B

KCP Sugar fundamental ratios Correlations

0.88-0.650.70.82-0.850.870.040.61-0.320.710.210.030.250.60.46-0.560.730.910.91-0.02-0.290.730.270.62-0.71
0.88-0.660.680.6-0.770.99-0.070.44-0.150.710.28-0.010.520.50.55-0.540.790.860.960.02-0.340.760.540.43-0.78
-0.65-0.66-0.44-0.530.77-0.660.06-0.260.14-0.49-0.020.01-0.19-0.41-0.210.36-0.47-0.66-0.55-0.020.05-0.5-0.21-0.410.35
0.70.68-0.440.19-0.550.72-0.42-0.04-0.490.280.41-0.010.080.860.31-0.750.960.880.750.020.320.360.420.0-0.39
0.820.6-0.530.19-0.710.550.430.9-0.080.77-0.10.010.080.140.31-0.180.20.540.630.0-0.580.71-0.060.86-0.61
-0.85-0.770.77-0.55-0.71-0.76-0.02-0.420.09-0.6-0.14-0.24-0.21-0.53-0.430.38-0.6-0.83-0.70.230.34-0.62-0.18-0.550.56
0.870.99-0.660.720.55-0.76-0.180.38-0.170.660.33-0.020.530.540.58-0.560.820.870.950.03-0.290.720.570.37-0.77
0.04-0.070.06-0.420.43-0.02-0.180.520.190.4-0.50.03-0.18-0.45-0.320.28-0.45-0.230.0-0.03-0.450.24-0.410.54-0.01
0.610.44-0.26-0.040.9-0.420.380.520.010.73-0.230.080.01-0.180.26-0.02-0.030.240.51-0.07-0.70.68-0.150.85-0.62
-0.32-0.150.14-0.49-0.080.09-0.170.190.010.14-0.060.05-0.02-0.62-0.020.68-0.46-0.41-0.21-0.03-0.420.12-0.08-0.050.11
0.710.71-0.490.280.77-0.60.660.40.730.14-0.23-0.020.13-0.030.41-0.260.290.50.740.04-0.610.980.20.62-0.67
0.210.28-0.020.41-0.1-0.140.33-0.5-0.23-0.06-0.23-0.110.340.46-0.09-0.090.470.370.280.10.23-0.170.13-0.150.08
0.03-0.010.01-0.010.01-0.24-0.020.030.080.05-0.02-0.11-0.180.0-0.040.040.03-0.010.0-1.0-0.340.08-0.40.13-0.17
0.250.52-0.190.080.08-0.210.53-0.180.01-0.020.130.34-0.180.150.43-0.150.330.30.330.17-0.270.170.570.06-0.37
0.60.5-0.410.860.14-0.530.54-0.45-0.18-0.62-0.030.460.00.150.22-0.680.860.830.50.00.440.030.3-0.01-0.21
0.460.55-0.210.310.31-0.430.58-0.320.26-0.020.41-0.09-0.040.430.22-0.370.40.430.440.05-0.450.490.720.07-0.8
-0.56-0.540.36-0.75-0.180.38-0.560.28-0.020.68-0.26-0.090.04-0.15-0.68-0.37-0.75-0.68-0.57-0.03-0.22-0.32-0.39-0.160.41
0.730.79-0.470.960.2-0.60.82-0.45-0.03-0.460.290.470.030.330.860.4-0.750.910.79-0.030.190.390.520.03-0.49
0.910.86-0.660.880.54-0.830.87-0.230.24-0.410.50.37-0.010.30.830.43-0.680.910.850.010.010.550.40.33-0.56
0.910.96-0.550.750.63-0.70.950.00.51-0.210.740.280.00.330.50.44-0.570.790.850.01-0.290.790.420.46-0.75
-0.020.02-0.020.020.00.230.03-0.03-0.07-0.030.040.1-1.00.170.00.05-0.03-0.030.010.010.33-0.050.4-0.120.16
-0.29-0.340.050.32-0.580.34-0.29-0.45-0.7-0.42-0.610.23-0.34-0.270.44-0.45-0.220.190.01-0.290.33-0.6-0.01-0.550.63
0.730.76-0.50.360.71-0.620.720.240.680.120.98-0.170.080.170.030.49-0.320.390.550.79-0.05-0.60.270.55-0.73
0.270.54-0.210.42-0.06-0.180.57-0.41-0.15-0.080.20.13-0.40.570.30.72-0.390.520.40.420.4-0.010.27-0.34-0.54
0.620.43-0.410.00.86-0.550.370.540.85-0.050.62-0.150.130.06-0.010.07-0.160.030.330.46-0.12-0.550.55-0.34-0.39
-0.71-0.780.35-0.39-0.610.56-0.77-0.01-0.620.11-0.670.08-0.17-0.37-0.21-0.80.41-0.49-0.56-0.750.160.63-0.73-0.54-0.39
Click cells to compare fundamentals

KCP Sugar Account Relationship Matchups

KCP Sugar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B6.4B5.8B6.3B6.7B5.6B
Short Long Term Debt Total2.7B2.7B1.9B1.8B1.5B1.4B
Other Current Liab365.6M249.3M117.6M412.6M371.4M446.0M
Total Current Liabilities3.0B2.3B1.8B2.0B1.7B2.1B
Total Stockholder Equity2.9B3.1B3.2B3.7B4.4B2.8B
Property Plant And Equipment Net928.1M937.2M924.7M956.4M1.0B921.4M
Net Debt2.6B2.7B1.7B1.5B1.2B1.2B
Cash89.3M43.1M178.4M374.8M229.5M152.7M
Non Current Assets Total1.7B2.1B2.1B2.4B3.0B2.0B
Non Currrent Assets Other(29.1M)48.9M57.3M40.3M49.8M52.3M
Cash And Short Term Investments753.6M735.8M938.4M1.2B1.1B559.1M
Net Receivables575.6M655.5M(2K)221.1M292.0M283.2M
Liabilities And Stockholders Equity6.8B6.4B5.8B6.3B6.7B5.6B
Non Current Liabilities Total873.5M1.0B833.2M600.2M565.0M570.4M
Inventory3.4B2.6B2.2B2.3B2.0B2.5B
Other Current Assets453.4M488.3M597.3M197.6M249.9M243.9M
Other Stockholder Equity(2.9B)1.2B4.5M1.2B1.2B754.2M
Total Liab3.9B3.3B2.6B2.6B2.3B2.9B
Total Current Assets5.0B4.3B3.7B3.9B3.7B3.7B
Accumulated Other Comprehensive Income(323.3M)1.2B1.2B1.2B4.3B4.5B
Short Term Debt1.9B1.7B882.8M1.4B1.1B897.0M
Accounts Payable667.2M148.1M209.2M138.9M169.1M160.7M
Short Term Investments664.3M692.7M760.0M807.8M872.3M562.8M
Current Deferred Revenue392.9M330.8M393.0M129.3M27.5M26.1M
Retained Earnings1.6B1.8B1.9B2.4B3.1B1.9B
Intangible Assets5.8M5.3M5.1M8.3M8.3M8.0M
Other Liab130.3M107.3M111.4M162.8M146.5M127.1M
Net Tangible Assets2.9B3.1B3.1B3.7B4.3B3.1B
Other Assets51.0M2.0(1K)49.6M44.6M30.5M
Long Term Debt743.2M926.5M721.9M437.4M328.9M585.5M
Short Long Term Debt1.9B1.5B1.2B1.4B1.1B1.3B
Property Plant Equipment928.1M937.2M924.7M956.4M860.8M805.9M
Long Term Debt Total413.4M743.2M926.5M721.9M830.1M639.8M
Cash And Equivalents218.3M177.0M43.1M178.4M160.6M124.3M
Net Invested Capital5.5B5.5B5.0B5.6B5.9B5.9B
Net Working Capital2.0B2.0B1.9B1.9B2.0B2.0B

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Other Information on Investing in KCP Stock

Balance Sheet is a snapshot of the financial position of KCP Sugar at a specified time, usually calculated after every quarter, six months, or one year. KCP Sugar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KCP Sugar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which KCP currently owns. An asset can also be divided into two categories, current and non-current.