Kforce Total Assets vs Good Will Analysis
KFRC Stock | USD 60.06 1.74 2.98% |
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 Total Assets and its Good Will 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.
Total Assets vs Good Will
Total Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kforce Inc Total Assets account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kforce's Total Assets and Good Will is 0.22. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will 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 Total Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kforce Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., Kforce's Total Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Kforce assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kforce Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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
Click cells to compare fundamentals
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 |
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 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.