KEC Long Term Debt vs Non Current Assets Total Analysis

KEC Stock   1,054  1.25  0.12%   
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 Long Term Debt and its Non Current Assets Total 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEC International Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KEC International's Long Term Debt and Non Current Assets Total is -0.43. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total 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 Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of KEC International Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., KEC International's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that KEC International has held for over one year. Long-term debt appears on KEC International Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on KEC International Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
At present, KEC International's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense3.1B5.4B8.0B8.4B
Depreciation And Amortization1.6B1.6B1.9B977.3M

KEC International fundamental ratios Correlations

0.77-0.431.00.990.820.90.980.980.640.80.740.10.040.66-0.31-0.290.980.28-0.330.871.00.87-0.98-0.560.87
0.77-0.130.770.730.870.830.710.70.570.940.81-0.040.380.74-0.31-0.120.740.3-0.170.890.750.81-0.81-0.170.85
-0.43-0.13-0.43-0.45-0.36-0.13-0.46-0.47-0.32-0.19-0.44-0.060.68-0.050.180.19-0.37-0.09-0.08-0.44-0.46-0.070.430.09-0.5
1.00.77-0.430.990.810.90.980.990.630.80.740.090.030.65-0.32-0.310.980.27-0.340.871.00.88-0.97-0.570.86
0.990.73-0.450.990.820.861.00.980.620.780.720.09-0.020.63-0.31-0.360.980.31-0.390.860.990.85-0.96-0.550.87
0.820.87-0.360.810.820.710.810.780.750.950.760.130.260.76-0.22-0.130.810.35-0.20.940.810.66-0.85-0.10.92
0.90.83-0.130.90.860.710.830.860.440.760.65-0.080.310.74-0.4-0.190.880.25-0.260.730.880.98-0.9-0.650.71
0.980.71-0.460.981.00.810.830.970.620.770.710.12-0.040.61-0.28-0.390.980.32-0.410.850.990.83-0.95-0.540.87
0.980.7-0.470.990.980.780.860.970.650.750.70.13-0.030.64-0.29-0.310.980.24-0.310.830.980.83-0.95-0.620.82
0.640.57-0.320.630.620.750.440.620.650.760.680.60.170.570.230.240.640.160.130.740.640.34-0.66-0.010.67
0.80.94-0.190.80.780.950.760.770.750.760.860.150.370.74-0.18-0.060.790.39-0.160.930.790.72-0.84-0.110.89
0.740.81-0.440.740.720.760.650.710.70.680.860.16-0.010.41-0.15-0.080.70.44-0.050.870.740.6-0.79-0.070.85
0.1-0.04-0.060.090.090.13-0.080.120.130.60.150.16-0.11-0.010.90.270.14-0.050.060.130.1-0.14-0.070.070.08
0.040.380.680.03-0.020.260.31-0.04-0.030.170.37-0.01-0.110.58-0.110.420.050.040.130.080.00.29-0.110.080.0
0.660.74-0.050.650.630.760.740.610.640.570.740.41-0.010.58-0.30.180.650.060.060.640.640.68-0.73-0.360.61
-0.31-0.310.18-0.32-0.31-0.22-0.4-0.28-0.290.23-0.18-0.150.9-0.11-0.30.29-0.26-0.140.07-0.23-0.31-0.420.330.27-0.27
-0.29-0.120.19-0.31-0.36-0.13-0.19-0.39-0.310.24-0.06-0.080.270.420.180.29-0.33-0.080.74-0.22-0.31-0.310.170.3-0.27
0.980.74-0.370.980.980.810.880.980.980.640.790.70.140.050.65-0.26-0.330.33-0.370.840.980.86-0.94-0.590.83
0.280.3-0.090.270.310.350.250.320.240.160.390.44-0.050.040.06-0.14-0.080.33-0.270.320.270.22-0.270.040.35
-0.33-0.17-0.08-0.34-0.39-0.2-0.26-0.41-0.310.13-0.16-0.050.060.130.060.070.74-0.37-0.27-0.25-0.34-0.380.190.25-0.27
0.870.89-0.440.870.860.940.730.850.830.740.930.870.130.080.64-0.23-0.220.840.32-0.250.870.7-0.88-0.130.98
1.00.75-0.461.00.990.810.880.990.980.640.790.740.10.00.64-0.31-0.310.980.27-0.340.870.86-0.97-0.550.87
0.870.81-0.070.880.850.660.980.830.830.340.720.6-0.140.290.68-0.42-0.310.860.22-0.380.70.86-0.87-0.640.7
-0.98-0.810.43-0.97-0.96-0.85-0.9-0.95-0.95-0.66-0.84-0.79-0.07-0.11-0.730.330.17-0.94-0.270.19-0.88-0.97-0.870.49-0.89
-0.56-0.170.09-0.57-0.55-0.1-0.65-0.54-0.62-0.01-0.11-0.070.070.08-0.360.270.3-0.590.040.25-0.13-0.55-0.640.49-0.16
0.870.85-0.50.860.870.920.710.870.820.670.890.850.080.00.61-0.27-0.270.830.35-0.270.980.870.7-0.89-0.16
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KEC International Account Relationship Matchups

KEC International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets128.8B140.5B163.4B186.7B190.3B199.8B
Short Long Term Debt Total25.2B20.7B30.6B33.8B39.9B20.0B
Other Current Liab2.0B1.9B2.8B3.8B4.2B4.3B
Total Current Liabilities97.2B102.9B121.0B142.1B145.1B152.4B
Total Stockholder Equity28.0B33.6B36.2B37.7B41.0B43.0B
Property Plant And Equipment Net11.3B11.3B12.5B12.9B13.6B8.6B
Net Debt23.7B18.7B28.6B31.0B37.8B39.7B
Retained Earnings23.7B29.2B31.5B32.2B34.9B36.6B
Accounts Payable50.1B61.7B68.5B83.9B92.1B96.7B
Cash1.5B2.0B2.1B2.8B2.1B1.7B
Non Current Assets Total18.6B21.6B26.5B28.4B28.7B17.0B
Non Currrent Assets Other4.2B6.9B10.3B10.7B8.6B4.5B
Cash And Short Term Investments1.8B2.0B2.8B5.1B2.1B2.4B
Good Will2.2B2.2B2.5B2.7B2.7B2.4B
Short Term Investments229.3M29.1M688.8M2.3B4.6M4.4M
Liabilities And Stockholders Equity128.8B140.5B163.4B186.7B190.3B199.8B
Non Current Liabilities Total3.6B4.0B6.2B6.9B4.3B5.6B
Inventory7.8B8.4B10.7B11.4B12.1B12.7B
Other Current Assets11.3B9.5B123.5B12.6B15.1B15.1B
Total Liab100.8B106.9B127.2B149.0B149.4B75.7B
Total Current Assets110.2B118.8B136.9B158.3B161.6B169.7B
Accumulated Other Comprehensive Income(6.8B)3.0B3.4B4.1B4.7B4.9B
Short Term Debt22.6B17.3B25.0B27.3B35.8B37.6B
Intangible Assets879.9M663.7M446.8M325.2M196.8M187.0M
Net Receivables89.4B98.8B119.6B117.5B132.2B67.1B
Current Deferred Revenue24.5B23.7B27.4B28.8B12.0B18.7B
Other Liab1.6B919.5M690.8M580.1M522.1M893.1M
Net Tangible Assets21.2B24.9B30.8B33.3B38.2B20.1B
Other Assets4.2B7.5B11.1B3.8B4.3B6.0B
Long Term Debt1.5B2.2B3.9B4.9B2.5B3.9B
Short Long Term Debt22.2B16.2B24.7B27.0B35.6B18.7B
Property Plant Equipment11.3B11.3B12.5B12.9B14.9B10.9B
Long Term Debt Total2.6B3.3B5.6B6.6B5.9B4.4B
Capital Lease Obligations1.5B1.4B2.0B1.9B1.7B1.2B
Cash And Equivalents130.8M156.9M59.9M340.9M392.0M411.6M

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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.