Kroger Net Borrowings vs Stock Based Compensation Analysis

KR Stock

USD 59.22 0.64 1.09%

Kroger financial indicator trend analysis is infinitely more than just investigating Kroger Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kroger Company is a good investment. Please check the relationship between Kroger Net Borrowings and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kroger Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Borrowings vs Stock Based Compensation

Net Borrowings vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Company Net Borrowings account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Kroger's Net Borrowings and Stock Based Compensation is -0.43. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Kroger Company, assuming nothing else is changed. The correlation between historical values of Kroger's Net Borrowings and Stock Based Compensation 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 Borrowings of Kroger Company are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Kroger's Net Borrowings and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Kroger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kroger Company 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 Kroger Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Kroger's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Tax Provision is likely to drop slightly above 484.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	571M	535M	441M	537.6M
Depreciation And Amortization	3.4B	3.6B	3.8B	3.9B

Interest Expense Depreciation And Amortization

Kroger fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.84	0.62	0.77	0.97	0.99	0.83	0.98	0.69	1.0	0.22	0.9	0.96	-0.18	0.99	0.76	0.46	-0.98	1.0	0.8	0.34	0.9	0.79	0.88	0.76	0.78
Short Long Term Debt Total	0.84		0.75	0.94	0.74	0.82	1.0	0.79	0.42	0.84	0.47	0.64	0.77	-0.47	0.86	0.92	0.52	-0.85	0.86	0.95	0.54	0.58	0.43	0.89	0.86	0.85
Other Current Liab	0.62	0.75		0.74	0.52	0.62	0.73	0.57	0.39	0.63	0.38	0.49	0.59	-0.4	0.64	0.68	0.6	-0.63	0.64	0.72	0.24	0.32	0.18	0.56	0.59	0.59
Total Current Liabilities	0.77	0.94	0.74		0.66	0.74	0.93	0.71	0.31	0.76	0.38	0.57	0.75	-0.34	0.76	0.98	0.6	-0.78	0.8	0.99	0.69	0.54	0.34	0.88	0.85	0.85
Total Stockholder Equity	0.97	0.74	0.52	0.66		0.98	0.73	0.99	0.75	0.98	0.09	0.93	0.96	-0.2	0.96	0.64	0.38	-0.96	0.96	0.69	0.21	0.95	0.89	0.81	0.71	0.74
Property Plant And Equipment Net	0.99	0.82	0.62	0.74	0.98		0.81	0.98	0.72	1.0	0.18	0.91	0.95	-0.18	0.99	0.73	0.42	-0.97	0.99	0.76	0.27	0.91	0.82	0.83	0.72	0.74
Net Debt	0.83	1.0	0.73	0.93	0.73	0.81		0.78	0.35	0.83	0.46	0.61	0.77	-0.46	0.85	0.93	0.55	-0.84	0.85	0.94	0.58	0.56	0.4	0.9	0.86	0.85
Retained Earnings	0.98	0.79	0.57	0.71	0.99	0.98	0.78		0.73	0.98	0.14	0.92	0.95	-0.25	0.97	0.68	0.44	-0.99	0.97	0.73	0.27	0.92	0.85	0.82	0.74	0.76
Cash	0.69	0.42	0.39	0.31	0.75	0.72	0.35	0.73		0.7	0.14	0.9	0.59	-0.09	0.7	0.24	-0.04	-0.67	0.67	0.36	-0.23	0.76	0.8	0.38	0.33	0.35
Non Current Assets Total	1.0	0.84	0.63	0.76	0.98	1.0	0.83	0.98	0.7		0.23	0.9	0.96	-0.2	0.99	0.75	0.44	-0.98	1.0	0.79	0.31	0.89	0.8	0.86	0.75	0.77
Non Currrent Assets Other	0.22	0.47	0.38	0.38	0.09	0.18	0.46	0.14	0.14	0.23		0.16	0.05	-0.3	0.29	0.36	-0.02	-0.21	0.26	0.39	0.35	-0.11	-0.22	0.37	0.35	0.34
Cash And Short Term Investments	0.9	0.64	0.49	0.57	0.93	0.91	0.61	0.92	0.9	0.9	0.16		0.83	-0.14	0.89	0.51	0.22	-0.88	0.88	0.61	0.08	0.91	0.88	0.66	0.55	0.57
Net Receivables	0.96	0.77	0.59	0.75	0.96	0.95	0.77	0.95	0.59	0.96	0.05	0.83		-0.13	0.93	0.75	0.56	-0.94	0.96	0.77	0.36	0.9	0.79	0.87	0.78	0.8
Common Stock Shares Outstanding	-0.18	-0.47	-0.4	-0.34	-0.2	-0.18	-0.46	-0.25	-0.09	-0.2	-0.3	-0.14	-0.13		-0.22	-0.23	-0.25	0.33	-0.17	-0.35	-0.05	0.02	-0.01	-0.28	-0.48	-0.46
Non Current Liabilities Total	0.99	0.86	0.64	0.76	0.96	0.99	0.85	0.97	0.7	0.99	0.29	0.89	0.93	-0.22		0.76	0.43	-0.96	0.99	0.79	0.3	0.86	0.76	0.86	0.74	0.76
Inventory	0.76	0.92	0.68	0.98	0.64	0.73	0.93	0.68	0.24	0.75	0.36	0.51	0.75	-0.23	0.76		0.58	-0.75	0.79	0.98	0.7	0.53	0.33	0.9	0.83	0.82
Other Current Assets	0.46	0.52	0.6	0.6	0.38	0.42	0.55	0.44	-0.04	0.44	-0.02	0.22	0.56	-0.25	0.43	0.58		-0.49	0.47	0.59	0.5	0.25	0.11	0.52	0.51	0.51
Other Stockholder Equity	-0.98	-0.85	-0.63	-0.78	-0.96	-0.97	-0.84	-0.99	-0.67	-0.98	-0.21	-0.88	-0.94	0.33	-0.96	-0.75	-0.49		-0.97	-0.8	-0.36	-0.86	-0.77	-0.86	-0.8	-0.82
Total Liab	1.0	0.86	0.64	0.8	0.96	0.99	0.85	0.97	0.67	1.0	0.26	0.88	0.96	-0.17	0.99	0.79	0.47	-0.97		0.82	0.38	0.88	0.76	0.89	0.76	0.78
Total Current Assets	0.8	0.95	0.72	0.99	0.69	0.76	0.94	0.73	0.36	0.79	0.39	0.61	0.77	-0.35	0.79	0.98	0.59	-0.8	0.82		0.65	0.58	0.39	0.91	0.87	0.86
Short Term Debt	0.34	0.54	0.24	0.69	0.21	0.27	0.58	0.27	-0.23	0.31	0.35	0.08	0.36	-0.05	0.3	0.7	0.5	-0.36	0.38	0.65		0.13	-0.07	0.6	0.59	0.58
Accounts Payable	0.9	0.58	0.32	0.54	0.95	0.91	0.56	0.92	0.76	0.89	-0.11	0.91	0.9	0.02	0.86	0.53	0.25	-0.86	0.88	0.58	0.13		0.97	0.71	0.58	0.61
Property Plant And Equipment Gross	0.79	0.43	0.18	0.34	0.89	0.82	0.4	0.85	0.8	0.8	-0.22	0.88	0.79	-0.01	0.76	0.33	0.11	-0.77	0.76	0.39	-0.07	0.97		0.54	0.44	0.47
Good Will	0.88	0.89	0.56	0.88	0.81	0.83	0.9	0.82	0.38	0.86	0.37	0.66	0.87	-0.28	0.86	0.9	0.52	-0.86	0.89	0.91	0.6	0.71	0.54		0.9	0.9
Common Stock Total Equity	0.76	0.86	0.59	0.85	0.71	0.72	0.86	0.74	0.33	0.75	0.35	0.55	0.78	-0.48	0.74	0.83	0.51	-0.8	0.76	0.87	0.59	0.58	0.44	0.9		1.0
Common Stock	0.78	0.85	0.59	0.85	0.74	0.74	0.85	0.76	0.35	0.77	0.34	0.57	0.8	-0.46	0.76	0.82	0.51	-0.82	0.78	0.86	0.58	0.61	0.47	0.9	1.0

Click cells to compare fundamentals

Kroger Account Relationship Matchups

Kroger fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.2B	48.6B	49.1B	49.5B	50.5B	53.0B
Short Long Term Debt Total	21.2B	20.6B	20.4B	20.4B	19.2B	9.7B
Other Current Liab	4.1B	6.4B	7.2B	8.1B	4.0B	2.9B
Total Current Liabilities	14.1B	15.4B	16.3B	16.6B	16.1B	8.1B
Total Stockholder Equity	8.6B	9.6B	9.4B	10.0B	11.6B	12.2B
Property Plant And Equipment Net	28.6B	29.2B	30.5B	31.4B	31.9B	33.5B
Net Debt	20.8B	18.9B	18.6B	19.6B	17.4B	9.3B
Retained Earnings	21.0B	23.0B	24.1B	25.6B	26.9B	28.3B
Cash	399M	1.7B	1.8B	828M	1.9B	2.0B
Non Current Assets Total	34.3B	36.2B	36.9B	37.0B	37.6B	39.4B
Non Currrent Assets Other	1.5B	2.9B	2.4B	(301M)	(379M)	(360.1M)
Cash And Short Term Investments	1.6B	2.8B	2.9B	2.1B	3.1B	3.3B
Net Receivables	1.7B	1.8B	1.8B	2.2B	2.1B	2.2B
Common Stock Shares Outstanding	805M	781M	754M	727M	725M	1.2B
Liabilities And Stockholders Equity	45.2B	48.6B	49.1B	49.5B	50.5B	53.0B
Non Current Liabilities Total	22.5B	23.7B	23.3B	22.9B	22.8B	24.0B
Inventory	7.1B	7.1B	6.8B	7.6B	7.1B	4.5B
Other Current Assets	522M	876M	660M	1.9B	609M	602.3M
Other Stockholder Equity	(13.7B)	(14.7B)	(16.1B)	(16.8B)	(16.8B)	(15.9B)
Total Liab	36.6B	39.1B	39.7B	39.5B	38.9B	40.8B
Total Current Assets	10.9B	12.5B	12.2B	12.6B	12.9B	6.9B
Short Term Debt	2.5B	2.3B	2.0B	2.0B	1.7B	1.1B
Accounts Payable	6.3B	6.7B	7.1B	7.1B	10.4B	10.9B
Property Plant And Equipment Gross	28.7B	29.2B	30.5B	31.4B	63.4B	66.6B
Accumulated Other Comprehensive Income	(640M)	(630M)	(467M)	(632M)	(489M)	(513.5M)
Good Will	2.9B	3.1B	3.1B	2.9B	3.4B	2.5B
Other Liab	3.8B	4.7B	4.1B	3.9B	4.5B	3.0B
Other Assets	1.5B	2.9B	2.4B	1.8B	2.0B	2.1B
Long Term Debt	11.3B	12.5B	12.8B	12.6B	10.2B	10.1B
Treasury Stock	(16.6B)	(17.0B)	(18.2B)	(19.7B)	(17.7B)	(16.9B)
Intangible Assets	1.1B	997M	942M	899M	809.1M	1.4B
Property Plant Equipment	21.9B	29.2B	30.5B	31.4B	36.1B	18.2B
Current Deferred Revenue	1.6B	1.2B	1.4B	(526M)	(604.9M)	(574.7M)
Short Term Investments	1.2B	1.1B	1.1B	1.2B	1.2B	896.2M
Net Tangible Assets	4.5B	5.5B	5.4B	6.2B	7.2B	4.2B
Long Term Debt Total	12.1B	12.5B	12.8B	12.1B	13.9B	11.5B

Pair Trading with Kroger

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 Kroger 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 Kroger will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kroger Stock

0.88

SFM

Sprouts Farmers Market

Pair Corr

Moving against Kroger Stock

0.83	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.79	ASAI	Sendas Distribuidora	Pair Corr
0.76	UL	Unilever PLC ADR	Pair Corr
0.72	KO	Coca Cola Aggressive Push	Pair Corr
0.71	BG	Bunge Limited	Pair Corr

The ability to find closely correlated positions to Kroger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kroger 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 Kroger - 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 Kroger Company to buy it.

The correlation of Kroger 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 Kroger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kroger Company 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 Kroger 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.

Pair Correlation Correlation Matching

Additional Tools for Kroger Stock Analysis

When running Kroger's price analysis, check to measure Kroger's 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 Kroger is operating at the current time. Most of Kroger's value examination focuses on studying past and present price action to predict the probability of Kroger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kroger's price. Additionally, you may evaluate how the addition of Kroger to your portfolios can decrease your overall portfolio volatility.

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