Kontoor Operating Income vs Net Debt Analysis
| KTB Stock | USD 91.38 3.53 4.02% |
Kontoor Brands financial indicator trend analysis is infinitely more than just investigating Kontoor Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kontoor Brands is a good investment. Please check the relationship between Kontoor Brands Operating Income and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kontoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.
Operating Income vs Net Debt
Operating Income vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kontoor Brands Operating Income account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Kontoor Brands' Operating Income and Net Debt is -0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Debt in the same time period over historical financial statements of Kontoor Brands, assuming nothing else is changed. The correlation between historical values of Kontoor Brands' Operating Income and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Kontoor Brands are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Operating Income i.e., Kontoor Brands' Operating Income and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.81 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Kontoor Brands operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Kontoor Brands is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.Most indicators from Kontoor Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kontoor Brands 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 Kontoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.At present, Kontoor Brands' Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.22, whereas Tax Provision is forecasted to decline to about 50.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 38.9M | 34.9M | 40.4M | 28.9M | Depreciation And Amortization | 36.6M | 37.1M | 38.0M | 42.8M |
Kontoor Brands fundamental ratios Correlations
Click cells to compare fundamentals
Kontoor Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kontoor Brands fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B | 1.7B | |
| Other Current Liab | 183.7M | 135.5M | 155.2M | 152.5M | 117.3M | 154.7M | |
| Total Current Liabilities | 378.6M | 413.6M | 455.8M | 440.4M | 392.6M | 458.7M | |
| Total Stockholder Equity | 69.3M | 84.6M | 148.1M | 250.8M | 371.9M | 400.6M | |
| Other Liab | 101.3M | 119.8M | 104.8M | 77.0M | 88.5M | 102.4M | |
| Net Tangible Assets | (190.4M) | (144.7M) | (78.7M) | 27.8M | 25.0M | 23.7M | |
| Retained Earnings | (1.7M) | 7.2M | 22.6M | 86.7M | 166.6M | 158.2M | |
| Accounts Payable | 147.3M | 167.2M | 214.2M | 206.3M | 180.2M | 168.3M | |
| Cash | 106.8M | 248.1M | 185.3M | 59.2M | 215.1M | 136.4M | |
| Other Assets | 161.1M | 235.4M | 235.4M | 221.5M | 254.7M | 170.1M | |
| Long Term Debt | 913.3M | 888.0M | 791.3M | 782.6M | 763.9M | 569.1M | |
| Good Will | 212.8M | 213.4M | 212.2M | 209.6M | 209.9M | 205.1M | |
| Common Stock Shares Outstanding | 57.2M | 57.9M | 59.1M | 57.0M | 56.9M | 63.0M | |
| Inventory | 458.1M | 340.7M | 363.0M | 596.8M | 500.4M | 436.3M | |
| Other Current Assets | 36.8M | 81.4M | 72.6M | 171.1M | 110.8M | 76.9M | |
| Other Stockholder Equity | 150.7M | 172.3M | 218.3M | 243.7M | 273.2M | 440.7M | |
| Total Liab | 1.4B | 1.5B | 1.4B | 1.3B | 1.3B | 1.2B | |
| Deferred Long Term Liab | 5.2M | 4.4M | 5.6M | 6.9M | 8.0M | 8.4M | |
| Long Term Investments | 53.4M | 50.4M | 51.0M | 37.7M | 40.0M | 43.2M | |
| Short Long Term Debt | 1.1M | 26.1M | 249K | 17.3M | 20M | 19M | |
| Total Current Assets | 877.6M | 901.7M | 910.7M | 982.3M | 1.0B | 1.1B | |
| Accumulated Other Comprehensive Income | (79.7M) | (94.8M) | (92.8M) | (79.7M) | (67.9M) | (71.2M) | |
| Short Term Debt | 36.5M | 80.8M | 48.6M | 37.2M | 62.0M | 81.1M | |
| Intangible Assets | 17.3M | 16.0M | 14.6M | 13.4M | 12.5M | 21.0M | |
| Common Stock | 1.9B | 69.3M | 84.6M | 148.1M | 133.3M | 126.7M | |
| Property Plant Equipment | 218.8M | 118.9M | 160.1M | 155.5M | 178.8M | 147.7M | |
| Short Long Term Debt Total | 1.0B | 981.2M | 848.8M | 851.3M | 841.7M | 797.3M | |
| Property Plant And Equipment Net | 218.8M | 179.3M | 160.1M | 155.5M | 166.9M | 183.4M | |
| Current Deferred Revenue | 11.0M | 5.8M | 8.4M | 67.3M | 7.5M | 7.2M | |
| Net Debt | 897.7M | 733.1M | 663.4M | 792.1M | 626.6M | 641.4M | |
| Non Current Assets Total | 639.6M | 644.1M | 622.4M | 600.0M | 601.6M | 656.6M | |
| Non Currrent Assets Other | 57.7M | 99.8M | 109.6M | 116.5M | 137.3M | 88.5M | |
| Cash And Short Term Investments | 106.8M | 248.1M | 185.3M | 59.2M | 215.1M | 155.9M | |
| Net Receivables | 228.5M | 231.4M | 289.8M | 230.9M | 217.7M | 403.9M | |
| Long Term Debt Total | 913.3M | 888.0M | 791.3M | 782.6M | 900.0M | 618.8M | |
| Liabilities And Stockholders Equity | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B | 1.4B | |
| Non Current Liabilities Total | 1.1B | 1.0B | 929.1M | 891.1M | 880.9M | 796.2M | |
| Net Invested Capital | 983.6M | 998.7M | 939.7M | 799.9M | 1.2B | 972.0M | |
| Property Plant And Equipment Gross | 132.2M | 179.3M | 160.1M | 155.5M | 585.4M | 614.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Kontoor Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kontoor Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kontoor Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kontoor Brands Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kontoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Apparel, Accessories & Luxury Goods 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 Kontoor Brands. If investors know Kontoor 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 Kontoor Brands 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 0.2 | Dividend Share 2 | Earnings Share 4.43 | Revenue Per Share 46.26 | Quarterly Revenue Growth 0.024 |
The market value of Kontoor Brands is measured differently than its book value, which is the value of Kontoor that is recorded on the company's balance sheet. Investors also form their own opinion of Kontoor Brands' value that differs from its market value or its book value, called intrinsic value, which is Kontoor Brands' 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 Kontoor Brands' market value can be influenced by many factors that don't directly affect Kontoor Brands' 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 Kontoor Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kontoor Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kontoor Brands' 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.