Kirby Common Stock vs Property Plant Equipment Analysis

KEX Stock  USD 128.81  0.49  0.38%   
Kirby financial indicator trend analysis is infinitely more than just investigating Kirby recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirby is a good investment. Please check the relationship between Kirby Common Stock and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.

Common Stock vs Property Plant Equipment

Common Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kirby's Common Stock and Property Plant Equipment is 0.74. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Kirby are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Kirby's Common Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Property Plant Equipment

Most indicators from Kirby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirby 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 Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.Selling General Administrative is likely to rise to about 352 M in 2024. Tax Provision is likely to rise to about 74.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit380.0M522.4M700.1M351.2M
Total Revenue2.2B2.8B3.1B3.2B

Kirby fundamental ratios Correlations

0.90.820.880.990.980.90.970.451.0-0.530.480.940.920.960.880.90.710.980.950.31-0.26-0.13-0.730.830.66
0.90.620.710.840.891.00.80.550.9-0.70.560.80.910.960.780.730.80.950.840.3-0.250.02-0.620.670.48
0.820.620.770.850.740.630.870.00.83-0.250.020.750.660.710.710.720.460.760.740.11-0.02-0.27-0.660.750.47
0.880.710.770.870.870.710.840.410.85-0.330.450.930.870.760.890.860.620.860.950.56-0.2-0.19-0.660.960.85
0.990.840.850.870.960.840.990.410.99-0.50.440.930.870.910.880.890.690.950.940.24-0.29-0.21-0.70.840.67
0.980.890.740.870.960.880.950.510.98-0.530.540.930.920.950.870.90.670.980.940.39-0.33-0.11-0.690.790.71
0.91.00.630.710.840.880.80.510.9-0.680.520.790.90.960.780.720.80.940.830.27-0.230.01-0.620.670.47
0.970.80.870.840.990.950.80.340.98-0.420.360.910.830.90.840.90.590.930.90.2-0.24-0.19-0.730.790.63
0.450.550.00.410.410.510.510.340.41-0.650.990.550.550.480.440.340.610.490.560.52-0.460.19-0.130.320.41
1.00.90.830.850.990.980.90.980.41-0.520.440.920.910.970.850.890.690.980.920.27-0.23-0.11-0.740.80.61
-0.53-0.7-0.25-0.33-0.5-0.53-0.68-0.42-0.65-0.52-0.62-0.43-0.61-0.59-0.54-0.27-0.77-0.56-0.52-0.040.490.170.07-0.3-0.21
0.480.560.020.450.440.540.520.360.990.44-0.620.570.560.50.480.370.590.510.60.54-0.490.18-0.140.360.46
0.940.80.750.930.930.930.790.910.550.92-0.430.570.890.860.830.910.710.920.960.51-0.21-0.05-0.740.870.71
0.920.910.660.870.870.920.90.830.550.91-0.610.560.890.910.820.820.820.950.90.46-0.150.02-0.70.830.65
0.960.960.710.760.910.950.960.90.480.97-0.590.50.860.910.790.840.70.990.870.3-0.20.02-0.730.70.52
0.880.780.710.890.880.870.780.840.440.85-0.540.480.830.820.790.760.680.850.950.26-0.46-0.37-0.460.890.85
0.90.730.720.860.890.90.720.90.340.89-0.270.370.910.820.840.760.520.880.880.4-0.1-0.16-0.870.820.69
0.710.80.460.620.690.670.80.590.610.69-0.770.590.710.820.70.680.520.720.730.25-0.27-0.09-0.40.650.4
0.980.950.760.860.950.980.940.930.490.98-0.560.510.920.950.990.850.880.720.930.38-0.21-0.03-0.750.80.63
0.950.840.740.950.940.940.830.90.560.92-0.520.60.960.90.870.950.880.730.930.43-0.36-0.19-0.630.910.81
0.310.30.110.560.240.390.270.20.520.27-0.040.540.510.460.30.260.40.250.380.430.00.27-0.310.410.46
-0.26-0.25-0.02-0.2-0.29-0.33-0.23-0.24-0.46-0.230.49-0.49-0.21-0.15-0.2-0.46-0.1-0.27-0.21-0.360.00.54-0.35-0.13-0.45
-0.130.02-0.27-0.19-0.21-0.110.01-0.190.19-0.110.170.18-0.050.020.02-0.37-0.16-0.09-0.03-0.190.270.54-0.16-0.24-0.33
-0.73-0.62-0.66-0.66-0.7-0.69-0.62-0.73-0.13-0.740.07-0.14-0.74-0.7-0.73-0.46-0.87-0.4-0.75-0.63-0.31-0.35-0.16-0.66-0.34
0.830.670.750.960.840.790.670.790.320.8-0.30.360.870.830.70.890.820.650.80.910.41-0.13-0.24-0.660.83
0.660.480.470.850.670.710.470.630.410.61-0.210.460.710.650.520.850.690.40.630.810.46-0.45-0.33-0.340.83
Click cells to compare fundamentals

Kirby Account Relationship Matchups

Kirby fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.9B5.4B5.6B5.7B6.0B
Short Long Term Debt Total1.5B1.7B1.4B1.3B1.2B1.2B
Other Current Liab237.0M147.7M157.4M138.1M195.6M205.4M
Total Current Liabilities514.1M466.0M543.8M642.2M675.8M709.6M
Total Stockholder Equity3.4B3.1B2.9B3.0B3.2B3.3B
Property Plant And Equipment Net3.9B4.1B3.8B3.8B4.0B4.2B
Net Debt1.5B1.6B1.3B1.2B1.2B1.2B
Retained Earnings2.9B2.6B2.3B2.5B2.7B2.8B
Cash24.7M80.3M34.8M80.6M32.6M23.7M
Non Current Assets Total5.2B4.9B4.4B4.3B4.6B4.8B
Non Currrent Assets Other(530.0M)(551.5M)(526.2M)(563.1M)89.5M93.9M
Cash And Short Term Investments24.7M80.3M34.8M80.6M32.6M34.4M
Net Receivables483.3M600.2M567.9M598.0M578.7M607.7M
Common Stock Shares Outstanding59.9M59.9M60.1M60.3M59.9M58.3M
Liabilities And Stockholders Equity6.1B5.9B5.4B5.6B5.7B6.0B
Non Current Liabilities Total2.2B2.4B2.0B1.9B1.9B2.0B
Inventory351.4M309.7M331.4M461.8M454.4M477.1M
Other Current Assets58.1M57.8M69.8M71.4M69.5M73.0M
Other Stockholder Equity536.9M545.8M559.3M550.7M452.2M256.1M
Total Liab2.7B2.8B2.5B2.5B2.5B2.7B
Total Current Assets917.6M1.0B1.0B1.2B1.1B1.2B
Short Term Debt27.3M65.5M69.7M76.2M74.7M78.5M
Intangible Assets210.7M69.0M60.1M51.5M42.9M40.8M
Other Assets58.2M232.4M48.0M62.8M72.2M73.2M
Accounts Payable206.8M162.5M199.1M278.1M269.4M282.8M
Current Deferred Revenue43.0M45.4M72.8M119.3M134.6M141.3M
Property Plant And Equipment Gross3.9B4.1B5.4B5.5B6.0B6.3B
Accumulated Other Comprehensive Income(37.8M)(61.5M)(26.0M)16.9M35.0M36.8M
Other Liab684.2M738.5M645.4M649.1M746.5M783.8M
Long Term Debt1.4B1.5B1.2B1.1B1.0B728.5M
Treasury Stock(302.0M)(299.2M)(295.2M)(308.6M)(277.7M)(263.9M)
Property Plant Equipment3.8B3.9B3.7B3.8B4.4B4.6B
Net Tangible Assets2.2B2.4B2.3B2.6B2.9B2.0B
Noncontrolling Interest In Consolidated Entity3.0M3.2M2.5M2.3M2.1M3.6M
Retained Earnings Total Equity2.9B2.6B2.3B2.5B2.8B2.0B

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When running Kirby's price analysis, check to measure Kirby's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.