KEC Total Current Liabilities vs Retained Earnings Analysis

KEC Stock   1,023  0.95  0.09%   
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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEC International Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KEC International's Total Current Liabilities and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings 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 KEC International Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., KEC International's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.