Kontoor Property Plant And Equipment Gross vs Current Deferred Revenue 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 Property Plant And Equipment Gross and its Current Deferred Revenue 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.

Property Plant And Equipment Gross vs Current Deferred Revenue

Property Plant And Equipment Gross vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kontoor Brands Property Plant And Equipment Gross account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kontoor Brands' Property Plant And Equipment Gross and Current Deferred Revenue is -0.13. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Current Deferred Revenue 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' Property Plant And Equipment Gross and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Kontoor Brands are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Gross i.e., Kontoor Brands' Property Plant And Equipment Gross and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Expense38.9M34.9M40.4M28.9M
Depreciation And Amortization36.6M37.1M38.0M42.8M

Kontoor Brands fundamental ratios Correlations

0.490.44-0.10.460.70.450.44-0.460.48-0.540.650.160.14-0.520.39-0.64
0.490.80.260.990.920.880.69-0.971.0-0.940.410.520.47-0.910.66-0.76
0.440.8-0.050.810.840.470.45-0.740.79-0.710.310.130.29-0.730.22-0.32
-0.10.26-0.050.360.090.36-0.32-0.310.26-0.41-0.130.14-0.25-0.250.41-0.42
0.460.990.810.360.910.850.58-0.970.99-0.950.350.460.38-0.90.63-0.74
0.70.920.840.090.910.770.68-0.920.92-0.930.490.460.45-0.940.54-0.72
0.450.880.470.360.850.770.72-0.920.89-0.870.570.510.33-0.810.91-0.93
0.440.690.45-0.320.580.680.72-0.660.7-0.550.530.590.69-0.590.53-0.61
-0.46-0.97-0.74-0.31-0.97-0.92-0.92-0.66-0.980.97-0.45-0.5-0.390.96-0.730.8
0.481.00.790.260.990.920.890.7-0.98-0.940.40.530.47-0.910.67-0.77
-0.54-0.94-0.71-0.41-0.95-0.93-0.87-0.550.97-0.94-0.39-0.52-0.350.97-0.690.83
0.650.410.31-0.130.350.490.570.53-0.450.4-0.39-0.2-0.21-0.350.7-0.63
0.160.520.130.140.460.460.510.59-0.50.53-0.52-0.20.89-0.550.23-0.47
0.140.470.29-0.250.380.450.330.69-0.390.47-0.35-0.210.89-0.43-0.02-0.21
-0.52-0.91-0.73-0.25-0.9-0.94-0.81-0.590.96-0.910.97-0.35-0.55-0.43-0.60.74
0.390.660.220.410.630.540.910.53-0.730.67-0.690.70.23-0.02-0.6-0.9
-0.64-0.76-0.32-0.42-0.74-0.72-0.93-0.610.8-0.770.83-0.63-0.47-0.210.74-0.9
Click cells to compare fundamentals

Kontoor Brands Account Relationship Matchups

Kontoor Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.5B1.6B1.6B1.7B
Other Current Liab183.7M135.5M155.2M152.5M117.3M154.7M
Total Current Liabilities378.6M413.6M455.8M440.4M392.6M458.7M
Total Stockholder Equity69.3M84.6M148.1M250.8M371.9M400.6M
Other Liab101.3M119.8M104.8M77.0M88.5M102.4M
Net Tangible Assets(190.4M)(144.7M)(78.7M)27.8M25.0M23.7M
Retained Earnings(1.7M)7.2M22.6M86.7M166.6M158.2M
Accounts Payable147.3M167.2M214.2M206.3M180.2M168.3M
Cash106.8M248.1M185.3M59.2M215.1M136.4M
Other Assets161.1M235.4M235.4M221.5M254.7M170.1M
Long Term Debt913.3M888.0M791.3M782.6M763.9M569.1M
Good Will212.8M213.4M212.2M209.6M209.9M205.1M
Common Stock Shares Outstanding57.2M57.9M59.1M57.0M56.9M63.0M
Inventory458.1M340.7M363.0M596.8M500.4M436.3M
Other Current Assets36.8M81.4M72.6M171.1M110.8M76.9M
Other Stockholder Equity150.7M172.3M218.3M243.7M273.2M440.7M
Total Liab1.4B1.5B1.4B1.3B1.3B1.2B
Deferred Long Term Liab5.2M4.4M5.6M6.9M8.0M8.4M
Long Term Investments53.4M50.4M51.0M37.7M40.0M43.2M
Short Long Term Debt1.1M26.1M249K17.3M20M19M
Total Current Assets877.6M901.7M910.7M982.3M1.0B1.1B
Accumulated Other Comprehensive Income(79.7M)(94.8M)(92.8M)(79.7M)(67.9M)(71.2M)
Short Term Debt36.5M80.8M48.6M37.2M62.0M81.1M
Intangible Assets17.3M16.0M14.6M13.4M12.5M21.0M
Common Stock1.9B69.3M84.6M148.1M133.3M126.7M
Property Plant Equipment218.8M118.9M160.1M155.5M178.8M147.7M
Short Long Term Debt Total1.0B981.2M848.8M851.3M841.7M797.3M
Property Plant And Equipment Net218.8M179.3M160.1M155.5M166.9M183.4M
Current Deferred Revenue11.0M5.8M8.4M67.3M7.5M7.2M
Net Debt897.7M733.1M663.4M792.1M626.6M641.4M
Non Current Assets Total639.6M644.1M622.4M600.0M601.6M656.6M
Non Currrent Assets Other57.7M99.8M109.6M116.5M137.3M88.5M
Cash And Short Term Investments106.8M248.1M185.3M59.2M215.1M155.9M
Net Receivables228.5M231.4M289.8M230.9M217.7M403.9M
Long Term Debt Total913.3M888.0M791.3M782.6M900.0M618.8M
Liabilities And Stockholders Equity1.5B1.5B1.5B1.6B1.6B1.4B
Non Current Liabilities Total1.1B1.0B929.1M891.1M880.9M796.2M
Net Invested Capital983.6M998.7M939.7M799.9M1.2B972.0M
Property Plant And Equipment Gross132.2M179.3M160.1M155.5M585.4M614.6M

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.