Koppers Net Debt vs Other Current Liab Analysis
KOP Stock | USD 38.59 0.81 2.14% |
Koppers Holdings financial indicator trend analysis is infinitely more than just investigating Koppers Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koppers Holdings is a good investment. Please check the relationship between Koppers Holdings Net Debt and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koppers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Koppers Stock, please use our How to Invest in Koppers Holdings guide.
Net Debt vs Other Current Liab
Net Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Koppers Holdings Net Debt account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Koppers Holdings' Net Debt and Other Current Liab is 0.37. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Koppers Holdings, assuming nothing else is changed. The correlation between historical values of Koppers Holdings' Net Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Koppers Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Debt i.e., Koppers Holdings' Net Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Other Current Liab
Most indicators from Koppers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koppers Holdings 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 Koppers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Koppers Stock, please use our How to Invest in Koppers Holdings guide.As of 11/22/2024, Selling General Administrative is likely to drop to about 113.7 M. In addition to that, Discontinued Operations is likely to drop to about (567 K)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 40.5M | 44.8M | 71M | 46.7M | Depreciation And Amortization | 57.7M | 56.1M | 57M | 46.5M |
Koppers Holdings fundamental ratios Correlations
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Koppers Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Koppers Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.6B | 1.7B | 1.7B | 1.8B | 1.1B | |
Total Stockholder Equity | 147.3M | 341.7M | 406.6M | 399.4M | 498.9M | 523.8M | |
Other Assets | 51.7M | 179M | 26M | 20.9M | 18.8M | 17.9M | |
Common Stock Shares Outstanding | 21.1M | 21.4M | 21.9M | 21.3M | 21.5M | 19.4M | |
Liabilities And Stockholders Equity | 1.6B | 1.6B | 1.7B | 1.7B | 1.8B | 1.1B | |
Other Stockholder Equity | 131M | 141.6M | 145.5M | 136.3M | 143.4M | 104.9M | |
Total Liab | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 980.5M | |
Short Long Term Debt Total | 1.0B | 878.4M | 875.1M | 904.5M | 930.7M | 666.1M | |
Other Current Liab | 94M | 85.5M | 69.2M | 75.6M | 72.2M | 81.7M | |
Other Liab | 126.1M | 113.4M | 113.6M | 100.4M | 115.5M | 125.0M | |
Property Plant And Equipment Net | 528.9M | 511.6M | 580.3M | 643.6M | 722.2M | 758.3M | |
Net Debt | 982.9M | 839.9M | 829.6M | 871.2M | 864.2M | 619.5M | |
Retained Earnings | 93.8M | 215.8M | 300.9M | 360.2M | 444M | 466.2M | |
Accounts Payable | 169.9M | 154.1M | 171.9M | 207.4M | 202.9M | 136.7M | |
Cash | 33M | 38.5M | 45.5M | 33.3M | 66.5M | 46.7M | |
Non Current Assets Total | 1.0B | 1.0B | 1.0B | 1.1B | 1.1B | 638.7M | |
Non Currrent Assets Other | 23.9M | 24.6M | 11M | 9.2M | 7.3M | 6.9M | |
Long Term Debt | 891M | 765.8M | 781.5M | 817.7M | 835.4M | 626.4M | |
Cash And Short Term Investments | 33M | 38.5M | 45.5M | 33.3M | 66.5M | 47.1M | |
Net Receivables | 165.8M | 175.1M | 182.8M | 215.7M | 202.4M | 176.5M | |
Good Will | 296.1M | 297.8M | 296M | 294M | 294.4M | 169.3M | |
Non Current Liabilities Total | 1.1B | 960.5M | 965.4M | 984.4M | 1.0B | 773.5M | |
Inventory | 299.1M | 295.8M | 313.8M | 355.7M | 395.7M | 240.9M | |
Other Current Assets | 21.6M | 55.1M | 86M | 32.1M | 34.4M | 31.4M | |
Property Plant And Equipment Gross | 528.9M | 511.6M | 580.3M | 643.6M | 1.2B | 1.3B | |
Total Current Assets | 519.5M | 564.5M | 628.1M | 636.8M | 699M | 503.0M | |
Accumulated Other Comprehensive Income | (77.7M) | (15.9M) | (40M) | (97.3M) | (88.8M) | (84.4M) | |
Treasury Stock | (90M) | (90.9M) | (92.5M) | (104M) | (93.6M) | (88.9M) | |
Short Term Debt | 32.3M | 52.5M | 44.6M | 41M | 50.8M | 27.8M | |
Intangible Assets | 168.4M | 149.8M | 131.5M | 116.1M | 102.2M | 105.5M | |
Property Plant Equipment | 415.4M | 409.1M | 489.1M | 643.6M | 740.1M | 777.1M | |
Net Tangible Assets | (317.2M) | (105.9M) | (20.9M) | (10.7M) | (9.6M) | (10.1M) | |
Noncontrolling Interest In Consolidated Entity | 5.9M | 10.8M | 11.4M | 4.3M | 3.8M | 3.6M | |
Retained Earnings Total Equity | 27.2M | 93.8M | 215.8M | 300.9M | 346.0M | 363.3M |
Pair Trading with Koppers Holdings
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 Koppers Holdings 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 Koppers Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Koppers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koppers Holdings 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 Koppers Holdings - 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 Koppers Holdings to buy it.
The correlation of Koppers Holdings 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 Koppers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koppers Holdings 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 Koppers Holdings 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.Additional Tools for Koppers Stock Analysis
When running Koppers Holdings' price analysis, check to measure Koppers Holdings' 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 Koppers Holdings is operating at the current time. Most of Koppers Holdings' value examination focuses on studying past and present price action to predict the probability of Koppers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koppers Holdings' price. Additionally, you may evaluate how the addition of Koppers Holdings to your portfolios can decrease your overall portfolio volatility.