Kimco Property Plant And Equipment Net vs Accounts Payable Analysis

KIM-PN Stock   62.20  0.20  0.32%   
Kimco Realty financial indicator trend analysis is infinitely more than just investigating Kimco Realty recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimco Realty is a good investment. Please check the relationship between Kimco Realty Property Plant And Equipment Net and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimco Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimco Realty Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kimco Realty's Property Plant And Equipment Net and Accounts Payable is -0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kimco Realty, assuming nothing else is changed. The correlation between historical values of Kimco Realty's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Kimco Realty are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Kimco Realty's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Kimco Realty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kimco Realty are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Kimco Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimco Realty 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 Kimco Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.As of the 4th of December 2024, Enterprise Value is likely to grow to about 4.5 B, while Selling General Administrative is likely to drop about 77.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit946.7M1.2B1.2B624.0M
Total Revenue1.4B1.7B1.8B1.9B

Kimco Realty fundamental ratios Correlations

0.99-0.380.20.99-0.330.980.421.00.77-0.740.80.670.770.520.990.990.990.850.770.930.710.81-0.670.03-0.01
0.99-0.360.230.97-0.31.00.370.990.73-0.780.760.670.780.521.00.961.00.820.810.930.70.81-0.720.11-0.03
-0.38-0.360.79-0.410.41-0.41-0.56-0.34-0.410.06-0.53-0.29-0.4-0.79-0.37-0.35-0.34-0.51-0.02-0.410.13-0.480.11-0.460.68
0.20.230.790.150.30.19-0.390.24-0.05-0.41-0.140.150.13-0.490.220.210.25-0.080.460.20.510.06-0.33-0.320.68
0.990.97-0.410.15-0.390.960.50.990.8-0.670.830.640.750.550.960.990.960.880.710.920.710.79-0.6-0.02-0.01
-0.33-0.30.410.3-0.39-0.27-0.73-0.29-0.72-0.2-0.640.0-0.06-0.71-0.27-0.26-0.26-0.610.15-0.35-0.43-0.1-0.27-0.010.34
0.981.0-0.410.190.96-0.270.340.990.72-0.790.740.70.80.551.00.961.00.80.820.930.640.84-0.740.15-0.08
0.420.37-0.56-0.390.5-0.730.340.380.50.220.78-0.010.080.60.350.390.330.73-0.170.460.470.160.280.08-0.26
1.00.99-0.340.240.99-0.290.990.380.74-0.750.760.670.780.480.990.990.990.820.790.930.70.81-0.690.010.02
0.770.73-0.41-0.050.8-0.720.720.50.74-0.390.810.450.520.680.720.750.720.830.440.650.640.57-0.32-0.07-0.13
-0.74-0.780.06-0.41-0.67-0.2-0.790.22-0.75-0.39-0.34-0.79-0.8-0.2-0.79-0.74-0.79-0.43-0.99-0.6-0.39-0.790.99-0.05-0.05
0.80.76-0.53-0.140.83-0.640.740.780.760.81-0.340.370.460.720.750.770.740.990.390.730.730.55-0.270.15-0.12
0.670.67-0.290.150.640.00.7-0.010.670.45-0.790.370.930.360.680.680.680.450.740.530.220.91-0.78-0.02-0.13
0.770.78-0.40.130.75-0.060.80.080.780.52-0.80.460.930.430.790.780.780.530.760.680.30.98-0.780.04-0.16
0.520.52-0.79-0.490.55-0.710.550.60.480.68-0.20.720.360.430.520.450.50.710.190.540.190.54-0.20.48-0.62
0.991.0-0.370.220.96-0.271.00.350.990.72-0.790.750.680.790.520.961.00.810.820.930.680.82-0.740.12-0.04
0.990.96-0.350.210.99-0.260.960.390.990.75-0.740.770.680.780.450.960.960.830.780.890.690.81-0.68-0.080.06
0.991.0-0.340.250.96-0.261.00.330.990.72-0.790.740.680.780.51.00.960.80.830.930.690.81-0.740.11-0.01
0.850.82-0.51-0.080.88-0.610.80.730.820.83-0.430.990.450.530.710.810.830.80.480.770.750.61-0.360.11-0.1
0.770.81-0.020.460.710.150.82-0.170.790.44-0.990.390.740.760.190.820.780.830.480.630.480.75-0.970.010.11
0.930.93-0.410.20.92-0.350.930.460.930.65-0.60.730.530.680.540.930.890.930.770.630.670.72-0.530.2-0.03
0.710.70.130.510.71-0.430.640.470.70.64-0.390.730.220.30.190.680.690.690.750.480.670.31-0.26-0.160.4
0.810.81-0.480.060.79-0.10.840.160.810.57-0.790.550.910.980.540.820.810.810.610.750.720.31-0.780.13-0.21
-0.67-0.720.11-0.33-0.6-0.27-0.740.28-0.69-0.320.99-0.27-0.78-0.78-0.2-0.74-0.68-0.74-0.36-0.97-0.53-0.26-0.78-0.110.02
0.030.11-0.46-0.32-0.02-0.010.150.080.01-0.07-0.050.15-0.020.040.480.12-0.080.110.110.010.2-0.160.13-0.11-0.38
-0.01-0.030.680.68-0.010.34-0.08-0.260.02-0.13-0.05-0.12-0.13-0.16-0.62-0.040.06-0.01-0.10.11-0.030.4-0.210.02-0.38
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Kimco Realty Account Relationship Matchups

Kimco Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0B11.6B18.5B17.8B18.3B19.2B
Short Long Term Debt Total5.4B5.5B7.6B7.3B7.7B8.1B
Other Current Liab(43.8M)(141.1M)(214.9M)(202.5M)5.3M5.6M
Total Current Liabilities130.3M126.3M5.4M5.3M221.5M179.0M
Total Stockholder Equity4.9B5.6B9.9B9.5B9.5B10.0B
Property Plant And Equipment Net99.1M102.4M147.5M133.7M128.3M121.8M
Net Debt5.3B5.2B7.3B7.1B6.9B7.3B
Retained Earnings(904.7M)(162.8M)299.1M(119.5M)(122.6M)(128.7M)
Non Current Assets Total10.7B10.4B16.7B16.8B17.2B18.0B
Non Currrent Assets Other9.8B9.6B15.4B15.4B15.5B16.3B
Cash And Short Term Investments123.9M1.0B1.5B747.6M1.1B1.2B
Net Receivables218.7M219.2M254.7M304.2M307.6M154.1M
Common Stock Shares Outstanding421.8M431.6M511.4M617.9M618.2M327.7M
Liabilities And Stockholders Equity11.0B11.6B18.5B17.8B18.3B19.2B
Non Current Liabilities Total5.9B5.9B8.3B8.1B8.3B8.7B
Other Stockholder Equity4.9B5.8B9.6B9.6B9.6B10.1B
Total Liab6.1B5.9B8.3B8.1B8.5B9.0B
Total Current Assets342.6M1.2B1.8B1.1B1.4B1.5B
Accounts Payable170.1M146.5M220.3M207.8M216.2M217.2M
Cash123.9M293.2M334.7M149.8M783.8M822.9M
Accumulated Other Comprehensive Income(904.7M)(162.8M)2.2M10.6M3.3M3.5M
Common Stock4.3M4.3M6.2M6.2M6.2M3.4M
Intangible Assets183.9M14.5M19.1M18.4M301.8M316.8M
Current Deferred Revenue(169.3M)(144.9M)(923.9M)(23.4M)(26.9M)(28.3M)

Pair Trading with Kimco Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kimco Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kimco Realty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kimco Stock

  0.71CDR-PB Cedar Realty TrustPairCorr

Moving against Kimco Stock

  0.68O Realty IncomePairCorr
  0.68FR First Industrial RealtyPairCorr
  0.53UK Ucommune InternationalPairCorr
  0.44RC Ready Capital CorpPairCorr
  0.42ADC-PA Agree RealtyPairCorr
The ability to find closely correlated positions to Kimco Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimco Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimco Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimco Realty to buy it.
The correlation of Kimco Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimco Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimco Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimco Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Kimco Realty is a strong investment it is important to analyze Kimco Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kimco Realty's future performance. For an informed investment choice regarding Kimco Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimco Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Kimco Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimco Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimco Realty'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.