Kentucky Interest Expense vs Tax Provision Analysis

KFFB Stock  USD 2.65  0.04  1.53%   
Kentucky First financial indicator trend analysis is infinitely more than just investigating Kentucky First Federal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kentucky First Federal is a good investment. Please check the relationship between Kentucky First Interest Expense and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kentucky First Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Interest Expense vs Tax Provision

Interest Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kentucky First Federal Interest Expense account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kentucky First's Interest Expense and Tax Provision is -0.62. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kentucky First Federal, assuming nothing else is changed. The correlation between historical values of Kentucky First's Interest Expense and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Kentucky First Federal are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Expense i.e., Kentucky First's Interest Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Kentucky First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kentucky First Federal 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 Kentucky First Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At present, Kentucky First's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 127.06, whereas Selling General Administrative is forecasted to decline to about 5 M.
 2021 2022 2023 2024 (projected)
Total Revenue9.2M9.2M7.2M8.0M
Interest Expense1.8M3.9M9.3M9.7M

Kentucky First fundamental ratios Correlations

0.430.690.370.140.310.350.410.710.420.53-0.39-0.82-0.63-0.380.450.580.830.390.720.640.830.850.090.720.85
0.430.15-0.04-0.17-0.090.430.00.660.050.820.57-0.74-0.8-0.070.290.360.74-0.30.76-0.040.30.67-0.3-0.020.67
0.690.15-0.060.190.340.160.020.430.010.32-0.41-0.54-0.38-0.320.250.150.510.820.410.920.540.580.280.520.58
0.37-0.04-0.060.040.120.110.970.310.970.04-0.3-0.1-0.05-0.650.340.690.340.130.360.230.080.120.00.320.12
0.14-0.170.190.040.98-0.860.080.20.050.01-0.41-0.03-0.10.410.280.26-0.040.28-0.140.210.450.190.970.260.19
0.31-0.090.340.120.98-0.750.170.350.140.15-0.49-0.2-0.240.250.320.370.120.370.020.370.530.350.940.370.36
0.350.430.160.11-0.86-0.750.080.230.120.290.21-0.42-0.24-0.57-0.070.00.45-0.090.510.11-0.040.26-0.860.070.26
0.410.00.020.970.080.170.080.351.00.05-0.25-0.11-0.13-0.620.420.750.390.220.420.30.160.130.070.240.13
0.710.660.430.310.20.350.230.350.380.66-0.06-0.74-0.67-0.340.510.510.830.160.850.410.550.730.140.390.73
0.420.050.010.970.050.140.121.00.380.08-0.22-0.14-0.18-0.620.420.770.420.180.450.280.160.160.040.210.16
0.530.820.320.040.010.150.290.050.660.080.18-0.86-0.87-0.170.220.460.79-0.160.730.160.350.84-0.120.210.84
-0.390.57-0.41-0.3-0.41-0.490.21-0.25-0.06-0.220.180.1-0.120.210.06-0.140.05-0.530.15-0.53-0.37-0.19-0.46-0.58-0.19
-0.82-0.74-0.54-0.1-0.03-0.2-0.42-0.11-0.74-0.14-0.860.10.880.24-0.19-0.5-0.83-0.03-0.73-0.37-0.62-0.980.09-0.45-0.98
-0.63-0.8-0.38-0.05-0.1-0.24-0.24-0.13-0.67-0.18-0.87-0.120.880.06-0.26-0.64-0.760.09-0.67-0.2-0.54-0.880.01-0.08-0.88
-0.38-0.07-0.32-0.650.410.25-0.57-0.62-0.34-0.62-0.170.210.240.06-0.16-0.29-0.45-0.38-0.51-0.550.12-0.180.35-0.31-0.17
0.450.290.250.340.280.32-0.070.420.510.420.220.06-0.19-0.26-0.160.480.530.270.550.320.450.250.270.270.25
0.580.360.150.690.260.370.00.750.510.770.46-0.14-0.5-0.64-0.290.480.590.040.510.240.470.560.160.20.56
0.830.740.510.34-0.040.120.450.390.830.420.790.05-0.83-0.76-0.450.530.590.150.970.460.610.82-0.120.480.81
0.39-0.30.820.130.280.37-0.090.220.160.18-0.16-0.53-0.030.09-0.380.270.040.150.110.930.270.10.460.410.1
0.720.760.410.36-0.140.020.510.420.850.450.730.15-0.73-0.67-0.510.550.510.970.110.390.470.69-0.190.370.69
0.64-0.040.920.230.210.370.110.30.410.280.16-0.53-0.37-0.2-0.550.320.240.460.930.390.420.420.330.560.42
0.830.30.540.080.450.53-0.040.160.550.160.35-0.37-0.62-0.540.120.450.470.610.270.470.420.710.380.620.71
0.850.670.580.120.190.350.260.130.730.160.84-0.19-0.98-0.88-0.180.250.560.820.10.690.420.710.070.521.0
0.09-0.30.280.00.970.94-0.860.070.140.04-0.12-0.460.090.010.350.270.16-0.120.46-0.190.330.380.070.210.07
0.72-0.020.520.320.260.370.070.240.390.210.21-0.58-0.45-0.08-0.310.270.20.480.410.370.560.620.520.210.52
0.850.670.580.120.190.360.260.130.730.160.84-0.19-0.98-0.88-0.170.250.560.810.10.690.420.711.00.070.52
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Kentucky First Account Relationship Matchups

Kentucky First fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets321.1M338.1M328.1M349.0M375.0M293.2M
Total Stockholder Equity51.9M52.3M52.0M50.7M48.0M60.3M
Net Debt38.8M35.0M8.2M61.9M51.4M28.7M
Cash15.9M21.9M25.8M8.2M17.6M14.8M
Non Current Assets Total7.0M6.1M16.3M13.3M356.7M374.5M
Non Currrent Assets Other1.8M1.7M1.8M(13.3M)332.4M349.0M
Other Assets296.8M309.3M289.6M327.6M2.6M2.5M
Cash And Short Term Investments16.5M21.9M21.5M8.2M18.3M14.7M
Common Stock Shares Outstanding8.3M8.2M8.2M8.1M8.1M8.7M
Liabilities And Stockholders Equity321.1M338.1M328.1M349.0M375.0M293.2M
Total Current Assets17.3M22.6M22.1M8.2M18.3M15.3M
Other Liab2.2M2.1M2.1M1.8M2.1M2.3M
Retained Earnings19.9M20.4M20.6M20.1M17.3M23.4M
Accounts Payable27K20K12K70K176K167.2K
Short Term Investments541K33K10.5M12.1M703K667.9K
Inventory(17.5M)(22.7M)(26.9M)(10.2M)219K230.0K
Other Stockholder Equity31.9M31.9M31.4M30.9M35.6M33.2M
Total Liab269.2M285.8M276.1M70.1M327.0M232.5M
Property Plant Equipment4.9M4.7M4.6M4.4M5.1M4.1M
Short Long Term Debt Total54.7M56.9M34.1M70.1M69.0M49.7M
Property Plant And Equipment Net4.9M4.7M4.6M4.4M4.3M4.4M
Long Term Debt54.7M56.9M34.1M70.1M69.0M42.1M
Net Receivables830K694K649K902K1.2M816.9K
Non Current Liabilities Total55.6M57.5M12K70.1M327.0M343.3M
Property Plant And Equipment Gross4.9M4.7M10.4M10.5M10.6M5.3M
Accumulated Other Comprehensive Income2K(102K)(5K)(427K)(336K)(352.8K)
Other Current Liab(27K)(20K)(12K)(70K)(157.8M)(150.0M)
Total Current Liabilities27K20K12K70K315.5M331.3M
Other Current Assets17.5M22.7M26.9M9.3M(1.4M)(1.3M)
Short Term Debt28.3M23.8M26.7M70.0M69.0M40.3M
Net Tangible Assets51.0M51.3M51.1M49.8M57.2M56.4M
Current Deferred Revenue(28.3M)(23.8M)(26.7M)(69.9M)157.7M165.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kentucky First Federal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kentucky First's 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 Kentucky First Federal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kentucky First Federal Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kentucky First Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks 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 Kentucky First. If investors know Kentucky 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 Kentucky First 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
(0.74)
Earnings Share
(0.19)
Revenue Per Share
0.892
Quarterly Revenue Growth
(0.04)
Return On Assets
(0)
The market value of Kentucky First Federal is measured differently than its book value, which is the value of Kentucky that is recorded on the company's balance sheet. Investors also form their own opinion of Kentucky First's value that differs from its market value or its book value, called intrinsic value, which is Kentucky First's 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 Kentucky First's market value can be influenced by many factors that don't directly affect Kentucky First's 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 Kentucky First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kentucky First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kentucky First's 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.