Kingsway Total Liab vs Other Current Liab Analysis

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 Total Liab and its Other Current Liab 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.

Total Liab vs Other Current Liab

Total Liab vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsway Financial Total Liab account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kingsway Financial's Total Liab and Other Current Liab is 0.1. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Liab 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 Total Liab and Other Current Liab 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 Liab of Kingsway Financial Services are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Liab i.e., Kingsway Financial's Total Liab and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Current Liab

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.
 2021 2022 2023 2024 (projected)
Gross Profit87.7M90.6M82.1M78.0M
Total Revenue94.8M114.7M109.1M103.7M

Kingsway Financial fundamental ratios Correlations

0.080.76-0.530.670.030.160.330.350.250.260.830.670.14-0.210.510.980.240.56-0.62-0.510.10.690.410.36-0.4
0.08-0.310.41-0.32-0.580.750.65-0.47-0.370.73-0.3-0.470.52-0.12-0.54-0.08-0.39-0.430.610.30.63-0.42-0.68-0.440.66
0.76-0.31-0.440.770.41-0.45-0.240.440.24-0.360.870.91-0.240.130.880.830.290.38-0.86-0.49-0.450.980.790.45-0.44
-0.530.41-0.44-0.48-0.010.240.14-0.82-0.590.11-0.65-0.490.090.33-0.41-0.58-0.12-0.870.60.30.18-0.37-0.39-0.730.91
0.67-0.320.77-0.480.05-0.32-0.20.480.55-0.280.790.54-0.56-0.450.510.70.430.53-0.81-0.57-0.410.760.770.46-0.47
0.03-0.580.41-0.010.05-0.53-0.40.04-0.14-0.430.190.62-0.010.620.630.140.37-0.01-0.5-0.35-0.30.540.48-0.06-0.13
0.160.75-0.450.24-0.32-0.530.83-0.38-0.150.92-0.34-0.50.63-0.36-0.660.02-0.19-0.070.610.150.87-0.51-0.71-0.290.37
0.330.65-0.240.14-0.2-0.40.83-0.46-0.10.93-0.07-0.270.64-0.3-0.490.21-0.080.040.440.010.87-0.28-0.63-0.340.25
0.35-0.470.44-0.820.480.04-0.38-0.460.68-0.370.450.44-0.26-0.230.460.420.050.63-0.58-0.16-0.420.360.520.83-0.79
0.25-0.370.24-0.590.55-0.14-0.15-0.10.68-0.070.280.13-0.27-0.660.040.310.180.62-0.34-0.15-0.090.170.280.54-0.65
0.260.73-0.360.11-0.28-0.430.920.93-0.37-0.07-0.2-0.380.73-0.34-0.60.13-0.170.00.510.110.96-0.43-0.71-0.370.29
0.83-0.30.87-0.650.790.19-0.34-0.070.450.28-0.20.81-0.21-0.10.740.880.230.58-0.86-0.46-0.320.840.70.47-0.6
0.67-0.470.91-0.490.540.62-0.5-0.270.440.13-0.380.81-0.090.360.950.760.280.43-0.85-0.45-0.430.920.740.42-0.52
0.140.52-0.240.09-0.56-0.010.630.64-0.26-0.270.73-0.21-0.090.23-0.260.1-0.43-0.160.460.350.8-0.31-0.65-0.250.19
-0.21-0.120.130.33-0.450.62-0.36-0.3-0.23-0.66-0.34-0.10.360.230.47-0.14-0.1-0.48-0.020.11-0.260.190.1-0.240.28
0.51-0.540.88-0.410.510.63-0.66-0.490.460.04-0.60.740.95-0.260.470.620.280.29-0.85-0.43-0.640.90.840.45-0.46
0.98-0.080.83-0.580.70.140.020.210.420.310.130.880.760.1-0.140.620.230.59-0.7-0.480.010.770.520.44-0.52
0.24-0.390.29-0.120.430.37-0.19-0.080.050.18-0.170.230.28-0.43-0.10.280.230.38-0.47-0.93-0.250.390.520.03-0.17
0.56-0.430.38-0.870.53-0.01-0.070.040.630.620.00.580.43-0.16-0.480.290.590.38-0.53-0.51-0.080.350.360.67-0.87
-0.620.61-0.860.6-0.81-0.50.610.44-0.58-0.340.51-0.86-0.850.46-0.02-0.85-0.7-0.47-0.530.620.58-0.9-0.92-0.480.6
-0.510.3-0.490.3-0.57-0.350.150.01-0.16-0.150.11-0.46-0.450.350.11-0.43-0.48-0.93-0.510.620.22-0.57-0.58-0.160.27
0.10.63-0.450.18-0.41-0.30.870.87-0.42-0.090.96-0.32-0.430.8-0.26-0.640.01-0.25-0.080.580.22-0.5-0.77-0.430.29
0.69-0.420.98-0.370.760.54-0.51-0.280.360.17-0.430.840.92-0.310.190.90.770.390.35-0.9-0.57-0.50.850.38-0.41
0.41-0.680.79-0.390.770.48-0.71-0.630.520.28-0.710.70.74-0.650.10.840.520.520.36-0.92-0.58-0.770.850.46-0.48
0.36-0.440.45-0.730.46-0.06-0.29-0.340.830.54-0.370.470.42-0.25-0.240.450.440.030.67-0.48-0.16-0.430.380.46-0.8
-0.40.66-0.440.91-0.47-0.130.370.25-0.79-0.650.29-0.6-0.520.190.28-0.46-0.52-0.17-0.870.60.270.29-0.41-0.48-0.8
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Kingsway Financial Account Relationship Matchups

Kingsway Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets357.3M452.5M475.6M285.7M197.7M187.8M
Total Stockholder Equity19.2M4.5M773K21.7M27.7M26.3M
Retained Earnings(381.2M)(394.8M)(395.1M)(370.4M)(346.9M)(329.5M)
Non Current Assets Total309.2M361.8M386.8M80.3M135.5M140.4M
Non Currrent Assets Other(17.8M)(27.6M)(28.6M)(60.9M)(135.5M)(142.3M)
Other Assets20.4M55.8M55.5M130.7M42.9M40.7M
Net Receivables13.3M20.3M20.6M14.0M10.1M9.6M
Common Stock Shares Outstanding21.7M22.2M22.5M25.3M26.4M16.8M
Liabilities And Stockholders Equity357.3M452.5M475.6M285.7M197.7M187.8M
Other Stockholder Equity353.9M316.7M327.9M359.5M376.1M189.1M
Total Current Assets27.7M34.8M33.4M74.6M19.3M18.4M
Intangible Assets83.8M84.1M108.2M33.1M35.7M61.2M
Short Long Term Debt Total258.5M271.5M386.8M103.3M45.6M43.3M
Other Current Liab(47.1M)(87.9M)(89.2M)(945K)(84.0M)(88.2M)
Total Current Liabilities2.4M2.9M294K2.2M504K478.8K
Net Debt204.6M257.1M282.6M39.1M36.5M34.7M
Total Liab332.5M387.0M413.0M263.5M173.1M164.5M
Accumulated Other Comprehensive Income40.5M38.1M30.8M26.6M(1.5M)(1.5M)
Other Liab86.5M116.9M117.8M86.9M78.2M74.3M
Net Tangible Assets(160.8M)(207.3M)(224.2M)(56.9M)(51.2M)(53.8M)
Noncontrolling Interest In Consolidated Entity11.8M13.1M14.0M437K502.6K477.4K
Accounts Payable2.8M(265.4M)(93.8M)56.7M51.1M53.6M
Cash31.9M14.4M12.6M64.2M9.1M8.6M
Long Term Debt258.5M268.3M292.7M34.3M44.4M42.2M
Good Will73.9M121.1M110.2M45.5M50.4M53.9M
Retained Earnings Total Equity(382.2M)(388.1M)(395.1M)(370.4M)(333.4M)(316.7M)
Other Current Assets(45.1M)(66.1M)(39.2M)(92.6M)(30.7M)(29.1M)
Deferred Long Term Liab75.7M85.3M28.6M4.2M4.8M4.6M
Long Term Investments56.7M58.6M57.5M58.1M41.9M45.3M
Common Stock470K38.1M30.8M26.6M23.9M22.7M
Property Plant Equipment99.1M98.0M110.8M773K889.0K844.5K
Cash And Short Term Investments32.1M14.5M12.8M64.3M9.3M8.8M

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