KLA Non Recurring vs Other Operating Expenses Analysis

KLAC Stock  USD 639.55  6.39  1.01%   
KLA Tencor financial indicator trend analysis is infinitely more than just investigating KLA Tencor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KLA Tencor is a good investment. Please check the relationship between KLA Tencor Non Recurring and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLA Tencor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.

Non Recurring vs Other Operating Expenses

Non Recurring vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLA Tencor Non Recurring account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between KLA Tencor's Non Recurring and Other Operating Expenses is -0.57. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of KLA Tencor, assuming nothing else is changed. The correlation between historical values of KLA Tencor's Non Recurring 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 Non Recurring of KLA Tencor 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 Non Recurring i.e., KLA Tencor's Non Recurring and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Recurring

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of KLA Tencor. It is also known as KLA Tencor 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 KLA Tencor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KLA Tencor 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 KLA Tencor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.At present, KLA Tencor's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit5.6B6.3B5.9B6.2B
Total Revenue9.2B10.5B9.8B10.3B

KLA Tencor fundamental ratios Correlations

0.970.390.970.86-0.01-0.190.940.810.720.970.250.930.980.730.840.970.960.920.87-0.090.940.93-0.210.370.22
0.970.280.990.87-0.06-0.250.860.710.750.930.120.90.990.670.760.960.960.930.87-0.050.870.98-0.370.440.02
0.390.280.32-0.070.810.320.340.530.420.310.440.080.310.560.690.150.390.030.19-0.080.320.220.370.40.42
0.970.990.320.86-0.02-0.250.860.720.760.940.140.890.990.710.780.950.970.910.85-0.040.880.98-0.360.460.02
0.860.87-0.070.86-0.48-0.520.880.630.410.89-0.130.950.880.530.570.950.760.950.83-0.120.860.88-0.530.030.1
-0.01-0.060.81-0.02-0.480.52-0.160.10.37-0.090.48-0.34-0.060.210.24-0.250.12-0.34-0.140.08-0.08-0.080.480.570.04
-0.19-0.250.32-0.25-0.520.52-0.370.010.37-0.260.72-0.28-0.260.02-0.17-0.27-0.02-0.25-0.170.25-0.25-0.310.820.520.0
0.940.860.340.860.88-0.16-0.370.80.440.940.110.920.90.670.860.920.790.870.81-0.210.930.82-0.250.050.43
0.810.710.530.720.630.10.010.80.510.850.270.770.770.70.710.760.750.70.84-0.240.860.720.020.180.51
0.720.750.420.760.410.370.370.440.510.630.560.550.710.550.520.640.880.630.590.210.570.70.110.89-0.2
0.970.930.310.940.89-0.09-0.260.940.850.630.180.950.960.690.760.970.910.930.91-0.130.980.92-0.250.250.26
0.250.120.440.14-0.130.480.720.110.270.560.180.130.120.30.280.130.340.130.080.210.190.020.850.570.21
0.930.90.080.890.95-0.34-0.280.920.770.550.950.130.920.610.660.990.850.980.89-0.110.930.88-0.280.150.22
0.980.990.310.990.88-0.06-0.260.90.770.710.960.120.920.670.780.970.960.920.91-0.080.910.98-0.350.370.12
0.730.670.560.710.530.210.020.670.70.550.690.30.610.670.70.650.710.60.58-0.160.640.660.00.410.15
0.840.760.690.780.570.24-0.170.860.710.520.760.280.660.780.70.710.740.610.58-0.150.750.67-0.040.250.46
0.970.960.150.950.95-0.25-0.270.920.760.640.970.130.990.970.650.710.910.990.9-0.090.930.93-0.320.260.16
0.960.960.390.970.760.12-0.020.790.750.880.910.340.850.960.710.740.910.880.850.020.860.93-0.160.60.02
0.920.930.030.910.95-0.34-0.250.870.70.630.930.130.980.920.60.610.990.880.88-0.040.890.9-0.320.260.08
0.870.870.190.850.83-0.14-0.170.810.840.590.910.080.890.910.580.580.90.850.88-0.120.860.91-0.30.250.19
-0.09-0.05-0.08-0.04-0.120.080.25-0.21-0.240.21-0.130.21-0.11-0.08-0.16-0.15-0.090.02-0.04-0.12-0.22-0.060.160.3-0.32
0.940.870.320.880.86-0.08-0.250.930.860.570.980.190.930.910.640.750.930.860.890.86-0.220.85-0.20.180.33
0.930.980.220.980.88-0.08-0.310.820.720.70.920.020.880.980.660.670.930.930.90.91-0.060.85-0.460.4-0.03
-0.21-0.370.37-0.36-0.530.480.82-0.250.020.11-0.250.85-0.28-0.350.0-0.04-0.32-0.16-0.32-0.30.16-0.2-0.460.230.34
0.370.440.40.460.030.570.520.050.180.890.250.570.150.370.410.250.260.60.260.250.30.180.40.23-0.4
0.220.020.420.020.10.040.00.430.51-0.20.260.210.220.120.150.460.160.020.080.19-0.320.33-0.030.34-0.4
Click cells to compare fundamentals

KLA Tencor Account Relationship Matchups

KLA Tencor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.3B12.6B14.1B15.4B16.2B
Total Current Liabilities1.7B2.1B2.9B3.7B4.7B4.9B
Total Stockholder Equity2.7B3.4B1.4B2.9B3.4B1.9B
Property Plant And Equipment Net519.8M663.0M849.9M1.0B1.3B1.4B
Net Debt1.5B2.0B5.1B4.0B4.8B5.1B
Retained Earnings654.9M1.3B366.9M848.4M1.1B1.0B
Cash2.0B1.4B1.6B1.9B2.0B1.1B
Non Current Assets Total4.6B4.6B5.4B5.7B5.4B5.7B
Non Currrent Assets Other363.0M444.9M484.6M637.5M460.9M307.7M
Cash And Short Term Investments2.0B2.5B2.7B3.2B4.5B4.7B
Net Receivables1.1B1.5B2.0B1.9B1.9B2.0B
Common Stock Shares Outstanding158.0M155.4M151.6M140.2M136.2M167.8M
Liabilities And Stockholders Equity9.3B10.3B12.6B14.1B15.4B16.2B
Non Current Liabilities Total4.9B4.8B8.3B7.4B7.4B7.8B
Inventory1.3B1.6B2.1B2.9B3.0B3.2B
Other Current Assets324.7M229.8M387.4M316.7M590.1M313.4M
Other Stockholder Equity2.1B2.2B1.1B2.1B2.3B2.4B
Total Liab6.6B6.9B11.2B11.2B12.1B12.7B
Total Current Assets4.7B5.7B7.2B8.4B10.0B10.5B
Short Long Term Debt Total3.5B3.4B6.7B5.9B6.8B7.2B
Other Current Liab836.8M790.6M2.3B3.0B1.9B2.0B
Short Term Debt29.0M52.3M32.2M34.0M786.3M825.6M
Accounts Payable264.3M342.1M443.3M371.0M359.5M377.5M
Property Plant And Equipment Gross620.6M765.9M1.9B2.4B2.6B2.8B
Accumulated Other Comprehensive Income(79.8M)(75.6M)(27.5M)(36.3M)(49.1M)(46.6M)
Common Stock Total Equity155K153K142K137K123.3K130.0K
Short Term Investments746.1M1.1B1.1B1.3B2.5B2.7B
Common Stock2.1B2.2B1.1B2.1B134K127.3K
Other Assets472.1M499.0M715.4M1.1B1.2B1.3B
Property Plant Equipment519.8M663.0M849.9M1.0B1.2B1.2B
Current Deferred Revenue569.7M580.1M882.7M1.1B1.5B1.6B
Good Will2.0B2.0B2.3B2.3B2.0B2.1B
Intangible Assets1.4B1.2B1.2B935.3M668.8M388.7M
Other Liab1.4B1.4B1.4B1.7B1.9B2.0B
Long Term Debt3.5B3.4B6.7B5.9B5.9B6.2B
Net Tangible Assets(771.4M)181.1M(2.1B)(294.4M)(264.9M)(251.7M)
Noncontrolling Interest In Consolidated Entity18.6M15.6M(1.9M)(2.3M)(2.6M)(2.5M)
Retained Earnings Total Equity654.9M1.3B366.9M848.4M763.6M769.1M
Capital Surpluse2.1B2.2B1.1B2.1B2.4B1.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether KLA Tencor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KLA Tencor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kla Tencor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kla Tencor Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLA Tencor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KLA Tencor. If investors know KLA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KLA Tencor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.296
Dividend Share
5.8
Earnings Share
21.87
Revenue Per Share
76.103
Quarterly Revenue Growth
0.185
The market value of KLA Tencor is measured differently than its book value, which is the value of KLA that is recorded on the company's balance sheet. Investors also form their own opinion of KLA Tencor's value that differs from its market value or its book value, called intrinsic value, which is KLA Tencor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KLA Tencor's market value can be influenced by many factors that don't directly affect KLA Tencor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KLA Tencor's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLA Tencor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLA Tencor'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.