Kite Gross Profit vs Other Operating Expenses Analysis
KRG Stock | USD 27.80 0.34 1.24% |
Kite Realty financial indicator trend analysis is infinitely more than just investigating Kite Realty Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kite Realty Group is a good investment. Please check the relationship between Kite Realty Gross Profit and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty 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 metropolitan statistical area.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kite Realty Group Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kite Realty's Gross Profit and Other Operating Expenses is 0.64. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Kite Realty Group, assuming nothing else is changed. The correlation between historical values of Kite Realty's Gross Profit 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 Gross Profit of Kite Realty Group 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 Gross Profit i.e., Kite Realty's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kite Realty Group minus its cost of goods sold. It is profit before Kite Realty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kite Realty Group. It is also known as Kite Realty 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 Kite Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kite Realty 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 Kite Realty 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 metropolitan statistical area. At this time, Kite Realty's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Kite Realty's current Enterprise Value Over EBITDA is estimated to increase to 24.94, while Discontinued Operations is projected to decrease to roughly 2.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 268.2M | 590.2M | 186.3M | 169.1M | Total Revenue | 373.3M | 802.0M | 823.0M | 864.2M |
Kite Realty fundamental ratios Correlations
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Kite Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kite Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.6B | 7.6B | 7.3B | 6.9B | 7.3B | |
Short Long Term Debt Total | 1.1B | 1.2B | 3.2B | 3.3B | 3.1B | 3.2B | |
Total Stockholder Equity | 1.3B | 1.2B | 3.9B | 3.8B | 3.6B | 3.7B | |
Net Debt | 1.1B | 1.1B | 3.1B | 2.9B | 3.0B | 3.2B | |
Cash | 31.3M | 43.6M | 93.2M | 115.8M | 36.4M | 30.5M | |
Other Assets | 73.2M | 2.6B | 14.3M | 553.5M | 636.5M | 668.3M | |
Cash And Short Term Investments | 31.3M | 43.6M | 218.2M | 115.8M | 41.4M | 36.9M | |
Common Stock Shares Outstanding | 83.9M | 84.1M | 110.6M | 219.1M | 219.7M | 230.7M | |
Liabilities And Stockholders Equity | 2.6B | 2.6B | 7.6B | 7.3B | 6.9B | 7.3B | |
Non Current Liabilities Total | 1.1B | 1.2B | 3.2B | 3.3B | 3.0B | 3.2B | |
Other Stockholder Equity | 2.1B | 2.9B | 5.9B | 6.1B | 4.9B | 5.1B | |
Total Liab | 1.3B | 1.4B | 3.7B | 3.5B | 3.3B | 3.5B | |
Total Current Assets | 142.6M | 143.7M | 378.6M | 223.3M | 272.6M | 258.9M | |
Other Liab | 60.0M | 85.6M | 287.2M | 213.3M | 245.3M | 257.5M | |
Accounts Payable | 69.8M | 77.5M | 185.0M | 207.8M | 207.3M | 217.7M | |
Long Term Debt | 1.1B | 1.2B | 3.2B | 3.0B | 2.8B | 3.0B | |
Non Current Assets Total | 2.5B | 2.5B | 7.2B | 7.1B | 6.7B | 7.0B | |
Non Currrent Assets Other | 2.5B | 2.4B | 6.7B | 6.8B | 6.4B | 6.7B | |
Net Receivables | 55.3M | 57.2M | 68.4M | 101.3M | 113.3M | 119.0M | |
Accumulated Other Comprehensive Income | (16.3M) | (30.9M) | (15.9M) | 74.3M | 52.4M | 55.1M | |
Other Current Liab | (2.2M) | (25M) | (55M) | (585.4M) | (207.3M) | (217.7M) | |
Total Current Liabilities | 160.0M | 163.1M | 472.2M | 207.8M | 272.9M | 160.4M | |
Current Deferred Revenue | 90.2M | 85.6M | 287.2M | 298.0M | 272.9M | 259.3M | |
Retained Earnings | (770.0M) | (824.3M) | (962.9M) | (1.2B) | (1.4B) | (1.3B) | |
Common Stock Total Equity | 840K | 842K | 2.2M | 2.2M | 2.5M | 2.6M | |
Other Current Assets | (108.1M) | (79.0M) | (294.1M) | 6.2M | (154.7M) | (147.0M) | |
Common Stock | 840K | 842K | 2.2M | 2.2M | 2.2M | 2.3M | |
Short Term Debt | 2.2M | 25M | 55M | 287.4M | 274.8M | 288.5M | |
Retained Earnings Total Equity | (770.0M) | (824.3M) | (962.9M) | (1.2B) | (1.1B) | (1.0B) | |
Deferred Long Term Liab | 73.2M | 63.2M | 601.9M | 409.8M | 471.3M | 494.9M | |
Intangible Assets | 11.0M | 5.7M | 485.7M | 343.0M | 229.5M | 118.8M | |
Property Plant Equipment | 2.4B | 2.4B | 6.6B | 6.6B | 7.6B | 7.9B | |
Net Tangible Assets | 1.3B | 1.3B | 3.9B | 3.8B | 4.4B | 4.6B | |
Long Term Debt Total | 1.1B | 1.2B | 3.2B | 3.0B | 3.5B | 1.9B |
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When determining whether Kite Realty Group is a strong investment it is important to analyze Kite Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kite Realty's future performance. For an informed investment choice regarding Kite Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty 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 metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Retail REITs 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 Kite Realty. If investors know Kite 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 Kite Realty 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 7.072 | Dividend Share 1.01 | Earnings Share (0.04) | Revenue Per Share 3.769 | Return On Assets 0.0145 |
The market value of Kite Realty Group is measured differently than its book value, which is the value of Kite that is recorded on the company's balance sheet. Investors also form their own opinion of Kite Realty's value that differs from its market value or its book value, called intrinsic value, which is Kite Realty'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 Kite Realty's market value can be influenced by many factors that don't directly affect Kite Realty'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 Kite Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kite Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kite Realty'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.