| KFS Stock | | | USD 8.98 0.03 0.33% |
Kingsway Financial financial indicator trend analysis is infinitely more than just investigating Kingsway Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsway Financial is a good investment. Please check the relationship between Kingsway Financial Payout Ratio and its Roic accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. 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.
Payout Ratio vs Roic
Payout Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingsway Financial Payout Ratio account and
Roic. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kingsway Financial's Payout Ratio and Roic is -0.65. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Kingsway Financial Services, assuming nothing else is changed. The correlation between historical values of Kingsway Financial's Payout Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Kingsway Financial Services are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payout Ratio i.e., Kingsway Financial's Payout Ratio and Roic go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Payout Ratio
Payout Ratio is the proportion of Kingsway Financial Services earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Kingsway Financial dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Kingsway Financial is paying out more in dividends than it makes in net income.
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Kingsway Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsway Financial 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 Kingsway Financial Services. 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 this time, Kingsway Financial's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 44.68 in 2024, whereas
Tax Provision is likely to drop (2
M) in 2024.
Kingsway Financial fundamental ratios Correlations
Click cells to compare fundamentals
Kingsway Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsway Financial fundamental ratios Accounts
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Additional Tools for Kingsway Stock Analysis
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