Kforce Non Current Assets Total vs Property Plant Equipment Analysis
KFRC Stock | USD 59.99 0.35 0.59% |
Kforce financial indicator trend analysis is infinitely more than just investigating Kforce Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kforce Inc is a good investment. Please check the relationship between Kforce Non Current Assets Total and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kforce Inc Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kforce's Non Current Assets Total and Property Plant Equipment is 0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Kforce Inc, assuming nothing else is changed. The correlation between historical values of Kforce's Non Current Assets Total 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 Non Current Assets Total of Kforce Inc 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 Non Current Assets Total i.e., Kforce's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
Most indicators from Kforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kforce Inc 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 Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Kforce's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.43, whereas Selling General Administrative is forecasted to decline to about 272.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 456.9M | 501.1M | 427.1M | 332.5M | Total Revenue | 1.6B | 1.7B | 1.5B | 1.0B |
Kforce fundamental ratios Correlations
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Kforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kforce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 381.1M | 479.0M | 503.4M | 392.0M | 358.0M | 344.1M | |
Short Long Term Debt Total | 70.7M | 105.5M | 106.3M | 46.6M | 57.5M | 55.7M | |
Other Current Liab | 1.2M | 81.5M | 106.3M | 64.4M | 52.3M | 36.0M | |
Total Current Liabilities | 85.0M | 108.2M | 160.4M | 131.4M | 103.0M | 81.9M | |
Total Stockholder Equity | 167.3M | 179.9M | 188.4M | 182.2M | 159.1M | 183.0M | |
Property Plant And Equipment Net | 30.0M | 26.8M | 6.0M | 25.7M | 23.8M | 23.5M | |
Net Debt | 50.9M | 2.0M | 9.3M | 46.4M | 57.3M | 35.9M | |
Retained Earnings | 350.5M | 388.6M | 442.6M | 492.8M | 525.2M | 551.5M | |
Accounts Payable | 33.2M | 20.2M | 40.2M | 49.6M | 42.8M | 26.9M | |
Cash | 19.8M | 103.5M | 97.0M | 121K | 119K | 113.1K | |
Non Current Assets Total | 135.9M | 140.2M | 131.3M | 114.2M | 113.5M | 154.7M | |
Non Currrent Assets Other | 64.7M | 67.1M | 75.6M | 37.7M | 48.3M | 31.2M | |
Cash And Short Term Investments | 19.8M | 103.5M | 97.0M | 121K | 119K | 113.1K | |
Net Receivables | 218.0M | 228.4M | 268.3M | 269.5M | 233.4M | 159.9M | |
Common Stock Shares Outstanding | 23.8M | 21.4M | 21.2M | 20.5M | 19.5M | 25.2M | |
Liabilities And Stockholders Equity | 381.1M | 479.0M | 503.4M | 392.0M | 358.0M | 344.1M | |
Non Current Liabilities Total | 128.9M | 190.9M | 154.6M | 78.4M | 95.9M | 79.3M | |
Other Current Assets | 7.5M | 14.0M | 13.6M | 8.1M | 10.9M | 12.2M | |
Other Stockholder Equity | (182.5M) | (205.0M) | (255.5M) | (311.3M) | (366.9M) | (348.5M) | |
Total Liab | 213.9M | 299.1M | 315.0M | 209.8M | 198.9M | 161.1M | |
Property Plant And Equipment Gross | 48.3M | 26.8M | 33.4M | 8.6M | 33.2M | 24.9M | |
Total Current Assets | 245.2M | 338.9M | 372.1M | 277.8M | 244.5M | 189.4M | |
Short Term Debt | 5.7M | 5.5M | 12.7M | 9.2M | 7.2M | 10.7M | |
Accumulated Other Comprehensive Income | (1.5M) | (4.4M) | 621K | 6K | 6.9K | 7.2K | |
Intangible Assets | 8.8M | 12.8M | 14.7M | 16.1M | 16.4M | 29.0M | |
Common Stock Total Equity | 722K | 726K | 730K | 732K | 841.8K | 697.7K | |
Common Stock | 722K | 726K | 730K | 732K | 734K | 701.3K | |
Other Liab | 48.7M | 90.9M | 54.6M | 36.4M | 41.9M | 35.7M | |
Other Assets | 45.6M | 88.3M | 100.3M | 47.3M | 1.0 | 0.95 | |
Long Term Debt | 73.2M | 65M | 100M | 25.6M | 41.6M | 59.2M | |
Treasury Stock | (518.3M) | (642.0M) | (677.4M) | (743.6M) | (669.2M) | (635.8M) | |
Property Plant Equipment | 30.0M | 26.8M | 6.0M | 8.6M | 9.9M | 9.4M | |
Net Tangible Assets | 142.2M | 154.9M | 163.4M | 157.2M | 180.7M | 125.1M | |
Retained Earnings Total Equity | 350.5M | 388.6M | 442.6M | 492.8M | 566.7M | 595.0M | |
Long Term Debt Total | 73.2M | 65M | 100M | 25.6M | 29.4M | 28.0M | |
Capital Surpluse | 459.5M | 472.4M | 488.0M | 507.7M | 583.9M | 481.3M | |
Deferred Long Term Liab | 855K | 501K | 1.1M | 881K | 1.0M | 1.1M |
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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 Kforce Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kforce'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 Kforce Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kforce Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Human Resource & Employment Services 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 Kforce. If investors know Kforce 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 Kforce 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 0.389 | Dividend Share 1.5 | Earnings Share 2.9 | Revenue Per Share 76.203 | Quarterly Revenue Growth (0.05) |
The market value of Kforce Inc is measured differently than its book value, which is the value of Kforce that is recorded on the company's balance sheet. Investors also form their own opinion of Kforce's value that differs from its market value or its book value, called intrinsic value, which is Kforce'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 Kforce's market value can be influenced by many factors that don't directly affect Kforce'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 Kforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kforce'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.