Key Non Current Assets Total vs Long Term Debt Analysis
KTCC Stock | USD 5.39 0.22 3.92% |
Key Tronic financial indicator trend analysis is infinitely more than just investigating Key Tronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Key Tronic is a good investment. Please check the relationship between Key Tronic Non Current Assets Total and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Key Stock refer to our How to Trade Key Stock guide.
Non Current Assets Total vs Long Term Debt
Non Current Assets Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Key Tronic Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Key Tronic's Non Current Assets Total and Long Term Debt is 0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Key Tronic, assuming nothing else is changed. The correlation between historical values of Key Tronic's Non Current Assets Total and Long Term 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 Non Current Assets Total of Key Tronic are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Key Tronic's Non Current Assets Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Long Term Debt
Long-term debt is a debt that Key Tronic has held for over one year. Long-term debt appears on Key Tronic balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Key Tronic balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Key Tronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Key Tronic 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 Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Key Stock refer to our How to Trade Key Stock guide.As of November 26, 2024, Selling General Administrative is expected to decline to about 16.7 M. The current year's Tax Provision is expected to grow to about (2.3 M)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.2M | 47.5M | 39.9M | 32.0M | Total Revenue | 531.8M | 588.1M | 566.9M | 289.6M |
Key Tronic fundamental ratios Correlations
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Key Tronic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Key Tronic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 301.7M | 362.0M | 406.9M | 420.1M | 355.3M | 373.1M | |
Short Long Term Debt Total | 80.4M | 111.0M | 119.7M | 135.7M | 129.8M | 136.3M | |
Other Current Liab | 14.1M | 27.5M | 34.9M | 22.3M | 21.7M | 11.1M | |
Total Current Liabilities | 112.2M | 126.9M | 163.7M | 153.1M | 104.2M | 54.5M | |
Total Stockholder Equity | 115.6M | 123.2M | 124.9M | 130.6M | 124.0M | 74.6M | |
Property Plant And Equipment Net | 46.2M | 51.5M | 42.7M | 40.9M | 44.2M | 27.3M | |
Net Debt | 79.8M | 107.5M | 118.0M | 132.1M | 125.1M | 131.3M | |
Retained Earnings | 70.1M | 73.9M | 77.8M | 83.0M | 76.9M | 80.8M | |
Cash | 553K | 3.5M | 1.7M | 3.6M | 4.8M | 3.7M | |
Non Current Assets Total | 59.0M | 62.8M | 66.9M | 68.8M | 66.9M | 37.1M | |
Non Currrent Assets Other | 2.6M | 1.5M | 14.1M | 15.6M | 5.3M | 3.6M | |
Cash And Short Term Investments | 553K | 3.5M | 1.7M | 3.6M | 4.8M | 3.7M | |
Net Receivables | 109.9M | 135.1M | 157.9M | 180.5M | 153.8M | 161.5M | |
Common Stock Shares Outstanding | 10.8M | 11.0M | 11.1M | 10.9M | 10.8M | 11.0M | |
Liabilities And Stockholders Equity | 301.7M | 362.0M | 406.9M | 420.1M | 355.3M | 373.1M | |
Non Current Liabilities Total | 74.0M | 111.9M | 118.4M | 136.4M | 127.2M | 133.5M | |
Inventory | 115.0M | 137.3M | 155.7M | 138.9M | 105.1M | 55.2M | |
Other Current Assets | 17.3M | 23.3M | 24.7M | 27.5M | 24.7M | 26.0M | |
Other Stockholder Equity | 500K | 2.1M | (425K) | (1K) | (900.0) | (855.0) | |
Total Liab | 186.2M | 238.8M | 282.0M | 289.4M | 231.4M | 242.9M | |
Total Current Assets | 242.8M | 299.3M | 340.0M | 351.3M | 288.4M | 302.8M | |
Short Term Debt | 7.5M | 6.4M | 7.4M | 13.7M | 3.1M | 3.5M | |
Accounts Payable | 80.2M | 92.8M | 121.4M | 115.9M | 79.4M | 43.7M | |
Common Stock Total Equity | 46.2M | 46.7M | 46.9M | 47.2M | 54.3M | 45.3M | |
Property Plant And Equipment Gross | 49.3M | 51.5M | 42.7M | 40.9M | 134.0M | 140.7M | |
Accumulated Other Comprehensive Income | (1.5M) | 2.1M | (425K) | (97K) | (215K) | (225.8K) | |
Common Stock | 46.9M | 47.2M | 47.5M | 47.7M | 47.3M | 45.9M | |
Other Assets | 12.8M | 11.3M | 24.2M | 13.9M | 16.0M | 8.3M | |
Long Term Debt | 63.4M | 98.9M | 100.3M | 118.3M | 116.4M | 122.2M | |
Property Plant Equipment | 49.3M | 51.5M | 42.7M | 54.8M | 63.0M | 66.2M | |
Current Deferred Revenue | 10.4M | 11.5M | 10.1M | 13.4M | 6.5M | 6.9M | |
Net Tangible Assets | 115.6M | 123.2M | 124.9M | 130.6M | 150.2M | 115.5M | |
Retained Earnings Total Equity | 72.8M | 65.4M | 70.1M | 74.5M | 85.6M | 62.4M | |
Long Term Debt Total | 29.2M | 30.4M | 63.4M | 7.9M | 9.1M | 8.6M | |
Non Current Liabilities Other | 875K | 2.4M | 6.0M | 7.5M | 219K | 208.1K |
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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 Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic's 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 Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Key Stock refer to our How to Trade Key Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Electronic Equipment, Instruments & Components 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 Key Tronic. If investors know Key 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 Key Tronic 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 (0.88) | Earnings Share (0.19) | Revenue Per Share 50.956 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0133 |
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic'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 Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic'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 Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic'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.