KEY Stock | | | USD 19.60 0.38 1.98% |
KeyCorp financial indicator trend analysis is infinitely more than just investigating KeyCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KeyCorp is a good investment. Please check the relationship between KeyCorp Net Invested Capital and its Accounts Payable accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KeyCorp. 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 KeyCorp Stock please use our
How to Invest in KeyCorp guide.
Net Invested Capital vs Accounts Payable
Net Invested Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KeyCorp Net Invested Capital account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KeyCorp's Net Invested Capital and Accounts Payable is -0.34. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of KeyCorp, assuming nothing else is changed. The correlation between historical values of KeyCorp's Net Invested Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of KeyCorp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., KeyCorp's Net Invested Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Accounts Payable
An accounting item on the balance sheet that represents KeyCorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of KeyCorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from KeyCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KeyCorp 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 KeyCorp. 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 KeyCorp Stock please use our
How to Invest in KeyCorp guide.At this time, KeyCorp's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 24.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
B in 2024.
KeyCorp fundamental ratios Correlations
Click cells to compare fundamentals
KeyCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KeyCorp fundamental ratios Accounts
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Additional Tools for KeyCorp Stock Analysis
When running KeyCorp's price analysis, check to
measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to
predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.