Kronos Historical Balance Sheet
KRO Stock | USD 11.68 0.07 0.60% |
Trend analysis of Kronos Worldwide balance sheet accounts such as Common Stock Shares Outstanding of 118 M provides information on Kronos Worldwide's total assets, liabilities, and equity, which is the actual value of Kronos Worldwide to its prevalent stockholders. By breaking down trends over time using Kronos Worldwide balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Kronos Worldwide latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kronos Worldwide is a good buy for the upcoming year.
Kronos Worldwide Inventory |
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About Kronos Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Kronos Worldwide at a specified time, usually calculated after every quarter, six months, or one year. Kronos Worldwide Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kronos Worldwide and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kronos currently owns. An asset can also be divided into two categories, current and non-current.
Kronos Worldwide Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Kronos Worldwide assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kronos Worldwide books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of Kronos Worldwide, which is listed under current asset account on Kronos Worldwide balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kronos Worldwide customers. The amounts must be unrestricted with restricted cash listed in a different Kronos Worldwide account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most accounts from Kronos Worldwide's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kronos Worldwide current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Kronos Worldwide. 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. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.At this time, Kronos Worldwide's Other Current Assets are very stable compared to the past year. As of the 26th of November 2024, Property Plant And Equipment Gross is likely to grow to about 1.7 B, while Total Assets are likely to drop about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 870.2M | 957.2M | 808.3M | 662.0M | Total Assets | 2.0B | 1.9B | 1.8B | 1.7B |
Kronos Worldwide balance sheet Correlations
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Kronos Worldwide Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kronos Worldwide balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 2.0B | 1.9B | 1.8B | 1.7B | |
Total Stockholder Equity | 816.1M | 796.5M | 870.2M | 957.2M | 808.3M | 662.0M | |
Other Assets | 133M | 292M | 125.4M | 70.1M | 63.1M | 59.9M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 2.0B | 1.9B | 1.8B | 1.7B | |
Other Stockholder Equity | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.2B | |
Total Liab | 1.1B | 1.2B | 1.1B | 977.2M | 1.0B | 1.0B | |
Short Long Term Debt Total | 473.9M | 512.9M | 470.7M | 446.4M | 463.4M | 372.0M | |
Other Current Liab | 125.7M | 126.1M | 127.8M | 131.3M | 132.8M | 90.0M | |
Total Current Liabilities | 270.6M | 260.2M | 288.8M | 326.7M | 370.8M | 271.9M | |
Other Liab | 412.9M | 474.5M | 388.2M | 209M | 240.4M | 265.3M | |
Property Plant And Equipment Net | 519.6M | 550.7M | 523.3M | 506M | 505.6M | 537.1M | |
Current Deferred Revenue | 25M | 9M | 151M | (222.6M) | (200.3M) | (190.3M) | |
Net Debt | 83.1M | 157.6M | 64.7M | 118.6M | 268.7M | 228.2M | |
Accounts Payable | 137.2M | 111M | 143.6M | 177.2M | 218.7M | 148.5M | |
Cash | 390.8M | 355.3M | 406M | 327.8M | 194.7M | 197.7M | |
Non Current Assets Total | 746.1M | 818.4M | 754.8M | 692.2M | 720.6M | 608.7M | |
Non Currrent Assets Other | 5.3M | 11.2M | 18.6M | 18.1M | 18.5M | 17.6M | |
Long Term Debt | 444M | 486.7M | 449.8M | 424.1M | 440.9M | 364.4M | |
Cash And Short Term Investments | 390.8M | 355.3M | 406M | 327.8M | 194.7M | 198.7M | |
Net Receivables | 312.5M | 309.4M | 323M | 379.1M | 255.1M | 283.7M | |
Non Current Liabilities Total | 879.1M | 980M | 853.8M | 650.5M | 658.9M | 796.3M | |
Inventory | 503M | 519M | 432.3M | 608.7M | 564.6M | 444.0M | |
Other Current Assets | 16.5M | 21M | 40.6M | 50.6M | 45.6M | 47.9M | |
Property Plant And Equipment Gross | 519.6M | 550.7M | 1.6B | 1.5B | 1.6B | 1.7B | |
Total Current Assets | 1.2B | 1.2B | 1.3B | 1.2B | 1.1B | 948.6M | |
Accumulated Other Comprehensive Income | (448.8M) | (448.2M) | (404.1M) | (331.5M) | (341.1M) | (358.2M) | |
Short Term Debt | 1.5M | 7.7M | 7.4M | 5.1M | 4.9M | 4.0M | |
Property Plant Equipment | 490.6M | 524.6M | 503.4M | 484.5M | 557.2M | 530.8M | |
Retained Earnings | (132.5M) | (151.8M) | (122.1M) | (105.4M) | (242M) | (254.1M) | |
Net Tangible Assets | 816.1M | 796.5M | 870.2M | 957.2M | 861.5M | 639.6M | |
Retained Earnings Total Equity | (132.5M) | (151.8M) | (122.1M) | (105.4M) | (121.2M) | (127.3M) | |
Long Term Debt Total | 444M | 486.7M | 449.8M | 424.1M | 487.7M | 428.4M | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.1B | |
Deferred Long Term Liab | 20.7M | 24.6M | 28.1M | 26.4M | 30.4M | 22.2M | |
Non Current Liabilities Other | 414.4M | 468.7M | 375.9M | 200M | 10.5M | 10.0M |
Pair Trading with Kronos Worldwide
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 Kronos Worldwide 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 Kronos Worldwide will appreciate offsetting losses from the drop in the long position's value.Moving together with Kronos Stock
The ability to find closely correlated positions to Kronos Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kronos Worldwide 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 Kronos Worldwide - 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 Kronos Worldwide to buy it.
The correlation of Kronos Worldwide 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 Kronos Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kronos Worldwide 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 Kronos Worldwide 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kronos Worldwide. 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. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Commodity Chemicals 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 Kronos Worldwide. If investors know Kronos 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 Kronos Worldwide 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 (0.42) | Dividend Share 0.62 | Earnings Share 0.81 | Revenue Per Share 16.206 | Quarterly Revenue Growth 0.221 |
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide'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 Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide'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 Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide'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.