Kinsale Other Operating Expenses vs Ebit Analysis
KNSL Stock | USD 506.32 7.63 1.53% |
Kinsale Capital financial indicator trend analysis is infinitely more than just investigating Kinsale Capital Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinsale Capital Group is a good investment. Please check the relationship between Kinsale Capital Other Operating Expenses and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Other Operating Expenses vs Ebit
Other Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinsale Capital Group Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Kinsale Capital's Other Operating Expenses and Ebit is 0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Kinsale Capital Group, assuming nothing else is changed. The correlation between historical values of Kinsale Capital's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Kinsale Capital Group are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Kinsale Capital's Other Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kinsale Capital Group. It is also known as Kinsale Capital 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.Ebit
Most indicators from Kinsale Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinsale Capital Group 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 Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Kinsale Capital's Tax Provision is quite stable compared to the past year. Enterprise Value is expected to rise to about 7.3 B this year, although the value of Selling General Administrative will most likely fall to about 616.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 639.8M | 819.2M | 1.2B | 1.3B | Total Revenue | 639.8M | 819.2M | 1.2B | 1.3B |
Kinsale Capital fundamental ratios Correlations
Click cells to compare fundamentals
Kinsale Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinsale Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 22.1M | 22.9M | 23.1M | 23.1M | 23.3M | 24.2M | |
Total Assets | 1.1B | 1.5B | 2.0B | 2.7B | 3.8B | 4.0B | |
Other Current Liab | (36.3M) | (26.3M) | (39.4M) | (66.3M) | (95.7M) | (90.9M) | |
Total Current Liabilities | 36.3M | 68.9M | 82.1M | 63.4M | 1.5B | 1.6B | |
Total Stockholder Equity | 405.9M | 576.2M | 699.3M | 745.4M | 1.1B | 1.1B | |
Other Liab | 577K | 4.8M | 15.2M | 162K | 145.8K | 138.5K | |
Net Tangible Assets | 402.3M | 572.7M | 695.8M | 741.9M | 853.2M | 895.9M | |
Net Debt | (83.7M) | (34.5M) | (78.3M) | 39.5M | 57.2M | 60.0M | |
Retained Earnings | 162.9M | 243.3M | 385.9M | 533.1M | 828.2M | 869.7M | |
Accounts Payable | 19.5M | 26.3M | 39.4M | 63.4M | 92.5M | 97.1M | |
Cash | 100.4M | 77.1M | 121.0M | 156.3M | 126.7M | 92.1M | |
Non Current Assets Total | 834.0M | 1.3B | 1.6B | 2.0B | 3.6B | 3.8B | |
Non Currrent Assets Other | (3.4M) | (4.6M) | (2.1M) | (57.0M) | 3.6B | 3.8B | |
Other Assets | (680.4M) | (1.0B) | (1.3B) | (1.5B) | (391.0M) | (410.6M) | |
Cash And Short Term Investments | 829.9M | 1.2B | 1.5B | 2.0B | 126.7M | 120.4M | |
Net Receivables | 107.1M | 141.9M | 194.0M | 326.2M | 391.0M | 410.6M | |
Common Stock Total Equity | 212K | 222K | 228K | 231K | 265.7K | 188.6K | |
Short Term Investments | 729.5M | 1.1B | 1.4B | 1.8B | 197.4M | 187.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.5B | 2.0B | 2.7B | 3.8B | 4.0B | |
Non Current Liabilities Total | 16.7M | 4.6M | 424.5M | 63.4M | 921.8M | 967.9M | |
Other Current Assets | 150.4M | 150.9M | 211.6M | 42.9M | 489.0M | 513.4M | |
Other Stockholder Equity | 229.2M | 291.3M | 295.0M | 347.0M | 353.0M | 235.7M | |
Total Liab | 684.7M | 970.7M | 82.1M | 2.0B | 2.7B | 2.8B | |
Long Term Investments | 807.8M | 1.2B | 1.6B | 2.0B | 3.0B | 3.1B | |
Total Current Assets | 937.0M | 1.3B | 1.7B | 2.3B | 517.7M | 983.1M | |
Accumulated Other Comprehensive Income | 13.5M | 41.4M | 18.1M | (134.9M) | (94.6M) | (89.9M) | |
Common Stock | 212K | 222K | 228K | 231K | 232K | 195.3K | |
Property Plant And Equipment Net | 22.6M | 46.2M | 49.3M | 53.5M | 63.4M | 49.7M | |
Capital Surpluse | 229.2M | 291.3M | 295.0M | 347.0M | 399.1M | 235.1M | |
Retained Earnings Total Equity | 162.9M | 243.3M | 385.9M | 533.1M | 613.1M | 643.7M | |
Non Current Liabilities Other | 655.6M | 909.8M | 1.3B | 1.8B | 2.0B | 2.1B | |
Property Plant Equipment | 22.6M | 46.2M | 49.3M | 53.5M | 61.5M | 64.6M | |
Net Invested Capital | 422.6M | 618.8M | 42.7M | 195.7M | 1.3B | 1.3B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Property & Casualty Insurance 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 Kinsale Capital. If investors know Kinsale 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 Kinsale Capital 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 0.503 | Dividend Share 0.59 | Earnings Share 17.52 | Revenue Per Share 65.998 | Quarterly Revenue Growth 0.33 |
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital'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 Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital'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 Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital'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.