Kimball Exchange Rate Changes vs Other Non Cash Items Analysis
KE Stock | USD 19.70 0.15 0.77% |
Kimball Electronics financial indicator trend analysis is infinitely more than just investigating Kimball Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimball Electronics is a good investment. Please check the relationship between Kimball Electronics Exchange Rate Changes and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
Exchange Rate Changes vs Other Non Cash Items
Exchange Rate Changes vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimball Electronics Exchange Rate Changes account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kimball Electronics' Exchange Rate Changes and Other Non Cash Items is 0.13. Overlapping area represents the amount of variation of Exchange Rate Changes that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Kimball Electronics, assuming nothing else is changed. The correlation between historical values of Kimball Electronics' Exchange Rate Changes and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Exchange Rate Changes of Kimball Electronics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Exchange Rate Changes i.e., Kimball Electronics' Exchange Rate Changes and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Exchange Rate Changes
The impact of changes in foreign exchange rates on a company's financial position and results.Other Non Cash Items
Most indicators from Kimball Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimball Electronics 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 Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.As of November 22, 2024, Selling General Administrative is expected to decline to about 46.5 M. In addition to that, Tax Provision is expected to decline to about 4.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.7M | 16.3M | 22.8M | 24.0M | Depreciation And Amortization | 29.4M | 32.4M | 38.0M | 23.0M |
Kimball Electronics fundamental ratios Correlations
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Kimball Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kimball Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 25.4M | 25.3M | 25.2M | 25.1M | 25.3M | 21.8M | |
Total Assets | 774.8M | 814.1M | 1.0B | 1.3B | 1.2B | 773.4M | |
Other Current Liab | 35.1M | 39.4M | 55.6M | 66.7M | 65.9M | 35.4M | |
Total Current Liabilities | 272.6M | 300.8M | 408.7M | 475.1M | 375.3M | 275.1M | |
Total Stockholder Equity | 379.4M | 442.0M | 454.0M | 524.0M | 540.5M | 403.2M | |
Property Plant And Equipment Net | 154.5M | 163.3M | 206.8M | 267.7M | 269.7M | 168.4M | |
Net Debt | 53.1M | (40.2M) | 130.7M | 238.5M | 216.9M | 227.7M | |
Accounts Payable | 203.7M | 216.5M | 308.6M | 322.3M | 213.6M | 203.3M | |
Cash | 65.0M | 106.4M | 49.9M | 43.0M | 78.0M | 56.6M | |
Non Current Assets Total | 216.4M | 230.7M | 274.7M | 330.3M | 360.9M | 218.7M | |
Non Currrent Assets Other | 30.5M | 38.4M | 41.1M | 38.3M | 82.1M | 86.2M | |
Cash And Short Term Investments | 65.0M | 106.4M | 49.9M | 43.0M | 78.0M | 56.6M | |
Net Receivables | 250.5M | 249.2M | 286.9M | 387.0M | 358.7M | 235.2M | |
Liabilities And Stockholders Equity | 774.8M | 814.1M | 1.0B | 1.3B | 1.2B | 773.4M | |
Non Current Liabilities Total | 122.9M | 71.3M | 173.1M | 260.6M | 292.1M | 306.7M | |
Inventory | 219.0M | 200.4M | 395.6M | 450.3M | 338.1M | 231.2M | |
Other Current Assets | 23.9M | 27.3M | 28.7M | 49.2M | 72.3M | 75.9M | |
Other Stockholder Equity | 237.7M | 237.9M | 233.4M | 239.0M | 241.7M | 201.7M | |
Total Liab | 395.5M | 372.1M | 581.8M | 735.7M | 667.5M | 370.3M | |
Property Plant And Equipment Gross | 154.5M | 163.3M | 478.0M | 560.9M | 579.2M | 608.1M | |
Total Current Assets | 558.4M | 583.4M | 761.1M | 929.4M | 847.0M | 554.7M | |
Accumulated Other Comprehensive Income | (10.6M) | (4.9M) | (19.7M) | (11.0M) | (17.8M) | (16.9M) | |
Intangible Assets | 19.3M | 17.0M | 14.7M | 12.3M | 3.0M | 2.8M | |
Other Liab | 30.2M | 31.3M | 28.1M | 23.0M | 26.4M | 22.0M | |
Other Assets | 28.5M | 38.4M | 69.8M | 35.7M | 41.0M | 30.3M | |
Property Plant Equipment | 156.6M | 163.3M | 206.8M | 267.7M | 307.8M | 163.0M | |
Net Tangible Assets | 348.0M | 413.0M | 427.3M | 499.6M | 574.6M | 391.7M | |
Retained Earnings | 152.2M | 209.0M | 240.2M | 296.1M | 316.6M | 163.1M | |
Short Long Term Debt | 26.6M | 26.2M | 35.6M | 46.5M | 59.8M | 62.8M | |
Short Term Debt | 26.6M | 26.2M | 35.6M | 46.5M | 59.8M | 62.8M | |
Common Stock | 369.9M | 379.4M | 442.0M | 454.0M | 522.1M | 548.2M | |
Retained Earnings Total Equity | 134.0M | 152.2M | 209.0M | 296.1M | 340.5M | 357.5M | |
Capital Surpluse | 305.9M | 306.8M | 308.1M | 315.5M | 362.8M | 335.9M | |
Treasury Stock | (62.4M) | (69.1M) | (70.2M) | (76.5M) | (68.8M) | (72.3M) | |
Non Current Liabilities Other | 21.6M | 22.5M | 20.2M | 19.7M | 53.9M | 56.6M | |
Short Long Term Debt Total | 118.1M | 66.2M | 180.6M | 281.5M | 294.8M | 309.6M | |
Current Deferred Revenue | 7.1M | 7.6M | 22.5M | 33.9M | 30.2M | 20.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimball Electronics. If investors know Kimball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimball Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.906 | Earnings Share 0.5 | Revenue Per Share 65.86 | Quarterly Revenue Growth 0.15 | Return On Assets 0.0358 |
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.