Kingstone Total Revenue vs Other Operating Expenses Analysis

KINS Stock  USD 15.96  0.94  6.26%   
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 Total Revenue and its Other Operating Expenses 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.

Total Revenue vs Other Operating Expenses

Total Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingstone Companies Total Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kingstone Companies' Total Revenue and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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' Total Revenue and Other Operating Expenses 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 Revenue of Kingstone Companies are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Kingstone Companies' Total Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kingstone Companies. It is also known as Kingstone Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Profit157.0M127.0M102.1M107.2M
Total Revenue161.2M130.2M123.1M129.3M

Kingstone Companies fundamental ratios Correlations

0.360.31-0.340.750.910.430.050.890.6-0.580.740.190.910.9-0.20.330.950.970.9-0.310.94-0.590.3-0.350.56
0.360.24-0.10.450.20.010.320.50.4-0.320.47-0.140.290.330.140.120.290.290.25-0.070.3-0.27-0.21-0.10.19
0.310.240.20.010.470.62-0.410.4-0.01-0.660.060.280.20.06-0.280.510.360.380.460.210.2-0.660.310.190.59
-0.34-0.10.2-0.32-0.270.06-0.07-0.13-0.340.37-0.28-0.07-0.38-0.310.07-0.11-0.37-0.31-0.271.0-0.390.29-0.031.0-0.2
0.750.450.01-0.320.42-0.090.680.630.85-0.230.89-0.230.750.810.23-0.190.680.570.47-0.280.77-0.31-0.34-0.310.01
0.910.20.47-0.270.420.7-0.360.830.3-0.710.430.50.810.73-0.50.570.920.970.98-0.250.82-0.680.62-0.290.77
0.430.010.620.06-0.090.7-0.610.41-0.35-0.73-0.050.570.290.24-0.570.580.460.570.690.050.28-0.740.630.030.54
0.050.32-0.41-0.070.68-0.36-0.61-0.010.570.330.61-0.70.080.250.7-0.69-0.06-0.17-0.31-0.040.120.23-0.84-0.05-0.63
0.890.50.4-0.130.630.830.41-0.010.5-0.530.610.20.750.74-0.20.540.80.880.84-0.10.77-0.560.2-0.140.62
0.60.4-0.01-0.340.850.3-0.350.570.5-0.050.76-0.210.630.640.21-0.210.590.440.33-0.310.66-0.04-0.27-0.330.09
-0.58-0.32-0.660.37-0.23-0.71-0.730.33-0.53-0.05-0.27-0.36-0.46-0.370.36-0.58-0.61-0.63-0.70.36-0.460.93-0.360.38-0.6
0.740.470.06-0.280.890.43-0.050.610.610.76-0.27-0.480.660.780.48-0.140.590.610.4-0.220.71-0.32-0.28-0.260.03
0.19-0.140.28-0.07-0.230.50.57-0.70.2-0.21-0.36-0.480.250.05-1.00.450.410.320.57-0.120.2-0.250.72-0.10.62
0.910.290.2-0.380.750.810.290.080.750.63-0.460.660.250.95-0.270.170.930.870.82-0.360.99-0.440.29-0.390.52
0.90.330.06-0.310.810.730.240.250.740.64-0.370.780.050.95-0.070.060.850.830.74-0.270.95-0.390.15-0.30.32
-0.20.14-0.280.070.23-0.5-0.570.7-0.20.210.360.48-1.0-0.27-0.07-0.46-0.41-0.32-0.570.12-0.220.25-0.720.11-0.62
0.330.120.51-0.11-0.190.570.58-0.690.54-0.21-0.58-0.140.450.170.06-0.460.30.480.55-0.10.16-0.60.51-0.130.66
0.950.290.36-0.370.680.920.46-0.060.80.59-0.610.590.410.930.85-0.410.30.940.94-0.350.94-0.570.43-0.380.63
0.970.290.38-0.310.570.970.57-0.170.880.44-0.630.610.320.870.83-0.320.480.940.95-0.280.89-0.620.49-0.320.69
0.90.250.46-0.270.470.980.69-0.310.840.33-0.70.40.570.820.74-0.570.550.940.95-0.260.83-0.690.57-0.290.74
-0.31-0.070.211.0-0.28-0.250.05-0.04-0.1-0.310.36-0.22-0.12-0.36-0.270.12-0.1-0.35-0.28-0.26-0.360.27-0.061.0-0.21
0.940.30.2-0.390.770.820.280.120.770.66-0.460.710.20.990.95-0.220.160.940.890.83-0.36-0.450.28-0.390.52
-0.59-0.27-0.660.29-0.31-0.68-0.740.23-0.56-0.040.93-0.32-0.25-0.44-0.390.25-0.6-0.57-0.62-0.690.27-0.45-0.240.3-0.43
0.3-0.210.31-0.03-0.340.620.63-0.840.2-0.27-0.36-0.280.720.290.15-0.720.510.430.490.57-0.060.28-0.24-0.060.69
-0.35-0.10.191.0-0.31-0.290.03-0.05-0.14-0.330.38-0.26-0.1-0.39-0.30.11-0.13-0.38-0.32-0.291.0-0.390.3-0.06-0.23
0.560.190.59-0.20.010.770.54-0.630.620.09-0.60.030.620.520.32-0.620.660.630.690.74-0.210.52-0.430.69-0.23
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Kingstone Companies Account Relationship Matchups

Kingstone Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets321.2M317.6M331.3M320.3M247.2M259.6M
Short Long Term Debt Total7.7B107.8M29.8M25.2M25.3M24.0M
Other Current Liab(21.7M)(15.4M)(20.7M)(13.1M)74.1M77.8M
Total Current Liabilities21.7M15.4M20.7M13.1M86.9M166.2M
Total Stockholder Equity88.2M92.8M75.7M36.2M34.5M29.8M
Property Plant And Equipment Net7.6M8.1M9.3M10.5M9.4M9.9M
Net Debt(2.9M)10.2M5.5M13.2M16.3M17.1M
Retained Earnings16.9M15.9M6.9M(16.9M)(23.1M)(22.0M)
Accounts Payable21.7M15.4M20.7M13.1M12.8M13.5M
Cash32.4M19.5M24.3M12.0M9.0M9.0M
Non Current Assets Total204.8M207.9M215.8M73.3M188.9M179.5M
Cash And Short Term Investments200.6M177.0M182.4M166.7M9.0M8.5M
Net Receivables53.5M57.3M52.6M80.3M13.6B14.3B
Common Stock Total Equity116.2K117.8K118.2K118.7K136.5K89.9K
Common Stock Shares Outstanding10.8M10.7M10.6M10.6M10.8M5.6M
Liabilities And Stockholders Equity321.2M317.6M331.3M320.3M247.2M259.6M
Inventory(59.5M)(41.8M)(40.6M)(110.6M)(13.6B)(12.9B)
Other Current Assets59.5M41.8M40.6M44.2M58.3M61.2M
Other Stockholder Equity66.4M66.9M66.9M69.0M69.8M73.3M
Total Liab233.0M224.8M255.6M284.2M212.7M223.3M
Property Plant And Equipment Gross4.8M6.1M7.6M8.1M9.3M9.8M
Total Current Assets254.1M234.3M235.0M247.0M58.3M55.4M
Common Stock118.2K118.7K119.6K121.7K122.5K94.4K
Non Currrent Assets Other(311.1M)(4.2B)(192.3M)14.1M139.5M132.6M
Intangible Assets1.0M670K500K24.3M20.3M21.3M
Non Current Liabilities Total37.2M33.9M39.6M271.1M125.8M119.5M
Accumulated Other Comprehensive Income4.8M9.9M1.8M(16.0M)(12.3M)(12.9M)
Short Term Debt7.7B78.1M9.7B9.5B10.9B11.4B
Other Liab56.5M81.1M87.7M94.9M109.2M114.7M
Other Assets(137.7M)(124.6M)(119.5M)118.4M1.01.05
Long Term Debt29.5M29.6M29.8M25.2M28.9M30.4M
Property Plant Equipment6.1M7.6M9.0M9.3M10.7M11.2M
Current Deferred Revenue7.7B93.5M9.7B10.6M9.5B9.9B
Short Term Investments168.2M157.5M158.1M154.7M34.5M32.7M
Net Tangible Assets88.0M87.7M92.3M75.2M86.4M63.2M
Retained Earnings Total Equity27.2M26.4M16.9M15.9M18.3M14.3M
Capital Surpluse68.4M67.8M69.1M70.8M81.4M49.8M
Deferred Long Term Liab4.3M2.7M7.7M93.5K84.2K80.0K

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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.