KINS Stock | | | USD 15.02 0.13 0.86% |
Kingstone Companies financial indicator trend analysis is infinitely more than just investigating Kingstone Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingstone Companies is a good investment. Please check the relationship between Kingstone Companies Current Deferred Revenue and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingstone Companies. 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.
For more information on how to buy Kingstone Stock please use our
How to Invest in Kingstone Companies guide.
Current Deferred Revenue vs Total Revenue
Current Deferred Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingstone Companies Current Deferred Revenue account and
Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kingstone Companies' Current Deferred Revenue and Total Revenue is 0.29. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Kingstone Companies, assuming nothing else is changed. The correlation between historical values of Kingstone Companies' Current Deferred Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Kingstone Companies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Current Deferred Revenue i.e., Kingstone Companies' Current Deferred Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Revenue
Total revenue comprises all receipts Kingstone Companies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Kingstone Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingstone Companies 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 Kingstone Companies. 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.
For more information on how to buy Kingstone Stock please use our
How to Invest in Kingstone Companies guide.
Issuance Of Capital Stock is likely to gain to about 73
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.9
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 157.0M | 127.0M | 102.1M | 107.2M | Total Revenue | 161.2M | 130.2M | 123.1M | 129.3M |
Kingstone Companies fundamental ratios Correlations
Click cells to compare fundamentals
Kingstone Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingstone Companies fundamental ratios Accounts
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Additional Tools for Kingstone Stock Analysis
When running Kingstone Companies' price analysis, check to
measure Kingstone Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingstone Companies is operating at the current time. Most of Kingstone Companies' value examination focuses on studying past and present price action to
predict the probability of Kingstone Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstone Companies' price. Additionally, you may evaluate how the addition of Kingstone Companies to your portfolios can decrease your overall portfolio volatility.