Kenon Long Term Investments vs Short Term Debt Analysis

KEN Stock

USD 29.86 1.39 4.88%

Kenon Holdings financial indicator trend analysis is infinitely more than just investigating Kenon Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kenon Holdings is a good investment. Please check the relationship between Kenon Holdings Long Term Investments and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenon Holdings. 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.

To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.

Long Term Investments vs Short Term Debt

Long Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kenon Holdings Long Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Kenon Holdings' Long Term Investments and Short Term Debt is 0.01. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Kenon Holdings, assuming nothing else is changed. The correlation between historical values of Kenon Holdings' Long Term Investments and Short Term Debt 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 Investments of Kenon Holdings are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Investments i.e., Kenon Holdings' Long Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Kenon Holdings balance sheet that represents investments Kenon Holdings intends to hold for over a year. Kenon Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Term Debt

Most indicators from Kenon Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kenon Holdings 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 Kenon Holdings. 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.

To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 262 M, while Selling General Administrative is likely to drop about 58 M.

	2021	2022	2023	2024 (projected)
Interest Expense	51.9M	50M	64.1M	57.7M
Depreciation And Amortization	57.6M	62.9M	90.9M	96.0M

Interest Expense Depreciation And Amortization

Kenon Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.76	0.73	0.69	0.69	0.28	0.07	0.84	0.49	0.12	0.7	0.72	0.53	0.38	0.13	0.22	0.11	0.13	0.05	0.94	0.6	0.43	0.63	0.79	0.67	0.63
Other Current Liab	0.76		0.55	0.43	0.35	-0.11	-0.19	0.83	0.14	0.3	0.64	0.61	0.16	0.03	-0.1	-0.12	0.2	0.14	0.13	0.79	0.48	0.25	0.76	0.43	0.76	0.37
Total Current Liabilities	0.73	0.55		0.17	0.29	-0.11	-0.31	0.89	0.44	-0.04	0.5	0.82	0.16	0.23	-0.04	-0.13	0.12	-0.04	0.01	0.85	0.54	0.07	0.83	0.62	0.86	0.34
Total Stockholder Equity	0.69	0.43	0.17		0.51	0.73	0.58	0.3	0.54	0.19	0.25	0.09	0.5	0.23	0.21	0.29	0.08	0.27	0.18	0.41	0.05	0.77	0.11	0.67	0.12	0.29
Other Liab	0.69	0.35	0.29	0.51		0.27	0.04	0.38	0.25	0.2	0.56	0.42	0.49	0.56	0.16	0.27	0.03	0.08	-0.1	0.61	0.65	0.29	0.0	0.47	0.08	0.85
Net Tangible Assets	0.28	-0.11	-0.11	0.73	0.27		0.69	-0.12	0.44	0.0	0.13	-0.04	0.55	0.38	0.17	0.47	0.0	0.22	0.15	-0.01	-0.06	0.74	-0.21	0.41	-0.19	0.17
Retained Earnings	0.07	-0.19	-0.31	0.58	0.04	0.69		-0.25	0.1	-0.33	-0.25	-0.3	0.63	-0.22	0.42	0.37	-0.15	0.11	0.1	-0.25	-0.4	0.71	-0.32	0.1	-0.36	0.03
Accounts Payable	0.84	0.83	0.89	0.3	0.38	-0.12	-0.25		0.27	0.07	0.71	0.89	0.24	0.18	-0.04	-0.05	0.22	0.09	0.11	0.94	0.66	0.18	0.91	0.58	0.93	0.47
Cash	0.49	0.14	0.44	0.54	0.25	0.44	0.1	0.27		0.17	0.08	0.16	0.24	0.44	0.13	0.04	-0.14	0.01	-0.08	0.38	0.01	0.2	0.23	0.86	0.29	0.11
Other Assets	0.12	0.3	-0.04	0.19	0.2	0.0	-0.33	0.07	0.17		0.14	0.03	-0.29	0.3	-0.03	-0.22	0.18	0.01	-0.08	0.13	0.05	-0.18	0.12	0.16	0.13	-0.1
Long Term Debt	0.7	0.64	0.5	0.25	0.56	0.13	-0.25	0.71	0.08	0.14		0.84	0.39	0.62	-0.03	0.39	0.11	0.09	-0.02	0.77	0.92	0.19	0.55	0.39	0.62	0.72
Net Receivables	0.72	0.61	0.82	0.09	0.42	-0.04	-0.3	0.89	0.16	0.03	0.84		0.35	0.39	-0.06	0.13	0.12	-0.03	-0.04	0.85	0.83	0.1	0.8	0.44	0.84	0.62
Good Will	0.53	0.16	0.16	0.5	0.49	0.55	0.63	0.24	0.24	-0.29	0.39	0.35		0.27	0.53	0.48	-0.34	-0.15	-0.21	0.33	0.3	0.56	0.06	0.35	0.1	0.63
Common Stock Total Equity	0.38	0.03	0.23	0.23	0.56	0.38	-0.22	0.18	0.44	0.3	0.62	0.39	0.27		0.23	0.39	-0.02	0.04	-0.15	0.38	0.64	0.04	0.01	0.46	0.12	0.48
Common Stock Shares Outstanding	0.13	-0.1	-0.04	0.21	0.16	0.17	0.42	-0.04	0.13	-0.03	-0.03	-0.06	0.53	0.23		0.07	-0.1	0.0	-0.04	-0.02	-0.04	0.12	-0.15	0.16	-0.1	0.07
Short Term Investments	0.22	-0.12	-0.13	0.29	0.27	0.47	0.37	-0.05	0.04	-0.22	0.39	0.13	0.48	0.39	0.07		-0.28	-0.09	-0.23	0.1	0.31	0.23	-0.14	0.18	-0.1	0.38
Inventory	0.11	0.2	0.12	0.08	0.03	0.0	-0.15	0.22	-0.14	0.18	0.11	0.12	-0.34	-0.02	-0.1	-0.28		0.91	0.93	0.15	0.07	-0.06	0.19	0.16	0.17	-0.18
Other Current Assets	0.13	0.14	-0.04	0.27	0.08	0.22	0.11	0.09	0.01	0.01	0.09	-0.03	-0.15	0.04	0.0	-0.09	0.91		0.96	0.07	0.0	0.12	0.02	0.27	0.01	-0.1
Other Stockholder Equity	0.05	0.13	0.01	0.18	-0.1	0.15	0.1	0.11	-0.08	-0.08	-0.02	-0.04	-0.21	-0.15	-0.04	-0.23	0.93	0.96		0.01	-0.11	0.13	0.1	0.16	0.06	-0.25
Total Liab	0.94	0.79	0.85	0.41	0.61	-0.01	-0.25	0.94	0.38	0.13	0.77	0.85	0.33	0.38	-0.02	0.1	0.15	0.07	0.01		0.74	0.17	0.76	0.69	0.81	0.62
Deferred Long Term Liab	0.6	0.48	0.54	0.05	0.65	-0.06	-0.4	0.66	0.01	0.05	0.92	0.83	0.3	0.64	-0.04	0.31	0.07	0.0	-0.11	0.74		0.04	0.43	0.28	0.51	0.8
Long Term Investments	0.43	0.25	0.07	0.77	0.29	0.74	0.71	0.18	0.2	-0.18	0.19	0.1	0.56	0.04	0.12	0.23	-0.06	0.12	0.13	0.17	0.04		0.02	0.24	0.01	0.31
Short Long Term Debt	0.63	0.76	0.83	0.11	0.0	-0.21	-0.32	0.91	0.23	0.12	0.55	0.8	0.06	0.01	-0.15	-0.14	0.19	0.02	0.1	0.76	0.43	0.02		0.46	0.99	0.15
Total Current Assets	0.79	0.43	0.62	0.67	0.47	0.41	0.1	0.58	0.86	0.16	0.39	0.44	0.35	0.46	0.16	0.18	0.16	0.27	0.16	0.69	0.28	0.24	0.46		0.52	0.31
Short Term Debt	0.67	0.76	0.86	0.12	0.08	-0.19	-0.36	0.93	0.29	0.13	0.62	0.84	0.1	0.12	-0.1	-0.1	0.17	0.01	0.06	0.81	0.51	0.01	0.99	0.52		0.22
Intangible Assets	0.63	0.37	0.34	0.29	0.85	0.17	0.03	0.47	0.11	-0.1	0.72	0.62	0.63	0.48	0.07	0.38	-0.18	-0.1	-0.25	0.62	0.8	0.31	0.15	0.31	0.22

Click cells to compare fundamentals

Kenon Holdings Account Relationship Matchups

Kenon Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	2.5B	4.1B	3.8B	4.1B	3.5B
Other Current Liab	14.6M	74.8M	253.4M	40.2M	39.1M	37.1M
Total Current Liabilities	105.0M	228M	447.3M	193M	358.8M	493.5M
Total Stockholder Equity	623.4M	1.1B	1.8B	1.6B	1.2B	980.4M
Other Liab	109M	102.1M	154.3M	139.2M	160.1M	128.4M
Net Tangible Assets	622M	1.1B	1.6B	1.4B	1.6B	912.0M
Retained Earnings	(10.9M)	460M	1.1B	1.5B	1.1B	1.1B
Accounts Payable	15.4M	92.5M	136.5M	95.0M	70.7M	116.6M
Cash	147.2M	286M	474.5M	535M	696.8M	464.0M
Other Assets	373M	124.1M	125.2M	70.4M	81.0M	77.0M
Long Term Debt	576.7M	871.8M	1.2B	1.1B	1.4B	1.2B
Net Receivables	54.1M	47.9M	76.7M	78.6M	150.8M	114.0M
Good Will	131K	141K	118.8M	117.2M	192.3M	201.9M
Common Stock Shares Outstanding	53.9M	53.9M	53.9M	53.9M	53.4M	59.0M
Short Term Investments	33.6M	114K	229K	391M	215.8M	122.0M
Inventory	122.4M	564M	1.7M	1.9M	532K	505.4K
Other Current Assets	5.9M	373.6M	28.4M	65.6M	32.1M	30.5M
Other Stockholder Equity	(14.0M)	404.1M	25.7M	1.2M	1.4M	1.3M
Total Liab	796.6M	1.2B	1.8B	1.5B	2.0B	1.6B
Deferred Long Term Liab	18.8M	27.3M	31.8M	48.0M	43.2M	57.1M
Long Term Investments	119.7M	532.4M	1.9B	1.1B	703.2M	565.6M
Short Long Term Debt	45.6M	46.5M	38.3M	39.3M	169.6M	161.1M
Total Current Assets	329.5M	920M	581.6M	1.1B	1.1B	846.4M
Accumulated Other Comprehensive Income	31.9M	5M	51.5M	43M	66.1M	69.4M
Short Term Debt	46.5M	60.6M	57.3M	56.7M	174.6M	266.0M
Intangible Assets	1.1M	1.3M	105.5M	103.6M	129.0M	81.7M
Property Plant Equipment	685M	904.6M	1.2B	1.3B	1.2B	1.5B
Property Plant And Equipment Net	684.8M	905M	1.2B	1.3B	1.9B	1.4B
Net Debt	481.1M	651M	769.5M	664M	894.7M	946.6M
Non Current Assets Total	1.2B	1.6B	3.5B	2.7B	3.0B	2.1B
Non Currrent Assets Other	294.2M	45M	90.4M	82M	82.8M	86.9M
Cash And Short Term Investments	147.2M	286M	474.8M	926M	912.6M	611.0M
Non Current Liabilities Total	691.6M	978M	1.3B	1.3B	1.7B	1.4B
Short Long Term Debt Total	628.3M	937M	1.2B	1.2B	1.6B	1.4B
Current Deferred Revenue	6.9M	28.5M	244.8M	88.9M	102.2M	85.2M
Liabilities And Stockholders Equity	1.5B	2.5B	4.1B	3.8B	4.1B	2.6B
Property Plant And Equipment Gross	684.8M	904.6M	1.5B	1.3B	2.2B	1.5B
Long Term Debt Total	581.8M	871.8M	1.2B	1.1B	1.0B	1.1B

Pair Trading with Kenon Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kenon Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kenon Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kenon Stock

0.81	NRG	NRG Energy	Pair Corr
0.84	PAM	Pampa Energia SA	Pair Corr
0.78	TAC	TransAlta Corp	Pair Corr
0.86	TLN	Talen Energy	Pair Corr

Moving against Kenon Stock

0.86	ELPC	Companhia Paranaense	Pair Corr
0.71	FE	FirstEnergy	Pair Corr
0.7	ES	Eversource Energy	Pair Corr
0.69	RNWWW	ReNew Energy Global	Pair Corr
0.53	HE	Hawaiian Electric	Pair Corr

The ability to find closely correlated positions to Kenon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kenon Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kenon Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kenon Holdings to buy it.

The correlation of Kenon Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kenon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kenon Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kenon Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Kenon Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kenon Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kenon Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kenon Holdings Stock:

How To Invest In Kenon

Details

Is Kenon Stock a good investment?

Details

What is Kenon Holdings' Net Worth?

Details

Largest Independent Power and Renewable Electricity Producers Companies

View

Largest Utilities - Independent Power Producers Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenon Holdings. 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.

To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Is Independent Power and Renewable Electricity Producers 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 Kenon Holdings. If investors know Kenon 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 Kenon Holdings 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

0.348

Earnings Share

(1.44)

Revenue Per Share

13.743

Quarterly Revenue Growth

0.097

Return On Assets

0.0088

The market value of Kenon Holdings is measured differently than its book value, which is the value of Kenon that is recorded on the company's balance sheet. Investors also form their own opinion of Kenon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kenon Holdings' 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 Kenon Holdings' market value can be influenced by many factors that don't directly affect Kenon Holdings' 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 Kenon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenon Holdings' 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.

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Kenon Long Term Investments vs Short Term Debt Analysis

Long Term Investments vs Short Term Debt

Long Term Investments vs Short Term Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Short Term Debt

Kenon Holdings fundamental ratios Correlations

Kenon Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kenon Holdings fundamental ratios Accounts

Pair Trading with Kenon Holdings

Moving together with Kenon Stock

Moving against Kenon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.99	Short Long Term Debt
Other Stockholder Equity	+ 0.96	Other Current Assets
Total Liab	+ 0.94	Total Assets
Total Liab	+ 0.94	Accounts Payable
Short Term Debt	+ 0.93	Accounts Payable
Other Stockholder Equity	+ 0.93	Inventory

Deferred Long Term Liab	- 0.4	Retained Earnings
Short Term Debt	- 0.36	Retained Earnings
Inventory	- 0.34	Good Will
Other Assets	- 0.33	Retained Earnings
Short Long Term Debt	- 0.32	Retained Earnings
Retained Earnings	- 0.31	Total Current Liabilities