| KEC Stock | | | 744.65 4.15 0.55% |
KEC International financial indicator trend analysis is infinitely more than just investigating KEC International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KEC International is a good investment. Please check the relationship between KEC International Cash And Short Term Investments and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KEC International Limited. 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.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KEC International Cash And Short Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between KEC International's Cash And Short Term Investments and Total Current Liabilities is 0.02. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of KEC International Limited, assuming nothing else is changed. The correlation between historical values of KEC International's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of KEC International Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., KEC International's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of KEC International balance sheet. This account contains KEC International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by KEC International Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Current Liabilities
Total Current Liabilities is an item on KEC International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KEC International Limited 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.
Most indicators from KEC International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KEC International 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 KEC International Limited. 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.
The current year's
Selling General Administrative is expected to grow to about 2.6
B. The current year's
Tax Provision is expected to grow to about 1.2
BKEC International fundamental ratios Correlations
Click cells to compare fundamentals
KEC International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KEC International fundamental ratios Accounts
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Other Information on Investing in KEC Stock
Balance Sheet is a snapshot of the
financial position of KEC International at a specified time, usually calculated after every quarter, six months, or one year. KEC International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KEC International 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 KEC currently owns. An asset can also be divided into two categories, current and non-current.