Kayne Accounts Payable vs Intangible Assets Analysis
KYN Stock | USD 13.28 0.06 0.45% |
Kayne Anderson financial indicator trend analysis is infinitely more than just investigating Kayne Anderson MLP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kayne Anderson MLP is a good investment. Please check the relationship between Kayne Anderson Accounts Payable and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kayne Anderson MLP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Accounts Payable vs Intangible Assets
Accounts Payable vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kayne Anderson MLP Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kayne Anderson's Accounts Payable and Intangible Assets is 0.13. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Kayne Anderson MLP, assuming nothing else is changed. The correlation between historical values of Kayne Anderson's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kayne Anderson MLP are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Kayne Anderson's Accounts Payable and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Kayne Anderson obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kayne Anderson MLP are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Kayne Anderson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kayne Anderson MLP 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 Kayne Anderson MLP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Kayne Anderson's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.51, while Selling General Administrative is likely to drop about 3.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 6.7M | 7.6M | 8.8M | 13.5M | Cost Of Revenue | 27.6M | 27.1M | 31.1M | 29.6M |
Kayne Anderson fundamental ratios Correlations
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Kayne Anderson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kayne Anderson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.6B | 2.0B | 2.4B | 2.8B | 3.2B | |
Other Current Liab | (1.3M) | (20K) | (15K) | (5.0M) | (4.5M) | (4.3M) | |
Total Current Liabilities | 1.3M | 20K | 15K | 5.0M | 4.5M | 4.3M | |
Total Stockholder Equity | 872.9M | 1.1B | 1.4B | 1.8B | 2.0B | 2.0B | |
Accounts Payable | 1.3M | 20K | 15K | 5.0M | 4.5M | 8.8M | |
Non Current Assets Total | 1.2B | 1.6B | 2.0B | 2.4B | 2.8B | 3.5B | |
Non Currrent Assets Other | (1.3B) | (1.6B) | (2.0B) | (2.4B) | (2.2B) | (2.3B) | |
Other Assets | 67.7M | 15.1M | 8.6M | 643K | 739.5K | 776.4K | |
Net Receivables | 1.6M | 1.7M | 3.4M | 3.2M | 2.9M | 2.8M | |
Common Stock Shares Outstanding | 126.4M | 126.4M | 133.7M | 137.8M | 158.4M | 98.3M | |
Liabilities And Stockholders Equity | 1.3B | 1.6B | 2.0B | 2.4B | 2.8B | 3.2B | |
Non Current Liabilities Total | 234.6M | 321.6M | 15K | 706.4M | 812.4M | 677.5M | |
Other Stockholder Equity | 1.9B | 1.8B | 2.4B | 2.6B | 3.0B | 2.1B | |
Total Liab | 380.1M | 491.9M | 556.6M | 650.1M | 747.6M | 1.3B | |
Total Current Assets | 1.8M | 2.8M | 3.9M | 12.8M | 14.7M | 23.1M | |
Accumulated Other Comprehensive Income | (114.8M) | (241.8M) | (1.0B) | (691.0M) | (455.2M) | 0.0 | |
Short Long Term Debt Total | 371.9M | 424.4M | 309.3M | 344.2M | 395.8M | 376.1M | |
Net Debt | 234.5M | 320.5M | 308.8M | 343.6M | 395.2M | 375.4M | |
Other Liab | 260.1M | 214.7M | 60.2M | 123.7M | 111.4M | 105.8M | |
Net Tangible Assets | 1.8B | 872.9M | 1.1B | 1.4B | 1.3B | 1.4B | |
Retained Earnings | (1.0B) | (691.0M) | (455.2M) | (832.1M) | (748.9M) | (711.4M) | |
Cash | 171K | 1.2M | 505K | 589K | 530.1K | 503.6K | |
Long Term Debt | 1.1B | 970.5M | 309.9M | 361.4M | 325.2M | 309.0M | |
Long Term Investments | 1.2B | 1.6B | 2.0B | 2.4B | 2.2B | 2.3B | |
Short Term Debt | 62M | 63M | 32.3M | 59.0M | 67.8M | 62.1M | |
Deferred Long Term Liab | 562K | 563K | 571K | 551K | 495.9K | 471.1K | |
Cash And Short Term Investments | 171K | 1.2M | 505K | 589K | 530.1K | 503.6K | |
Other Current Assets | (68.7M) | (17.1M) | 8.0M | 9.0M | 8.1M | 8.5M | |
Long Term Debt Total | 1.1B | 970.5M | 309.9M | 361.4M | 325.2M | 309.0M | |
Capital Surpluse | 2.2B | 2.0B | 1.9B | 1.8B | 1.6B | 1.6B | |
Net Invested Capital | 1.1B | 1.4B | 1.8B | 2.1B | 1.9B | 1.6B | |
Current Deferred Revenue | (60.7M) | (63.0M) | (32.3M) | (54.0M) | (48.6M) | (51.0M) | |
Inventory | 1.0 | 17.1M | 13.5M | 12.5M | 14.4M | 10.4M |
Pair Trading with Kayne Anderson
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 Kayne Anderson 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 Kayne Anderson will appreciate offsetting losses from the drop in the long position's value.Moving together with Kayne Stock
Moving against Kayne Stock
The ability to find closely correlated positions to Kayne Anderson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kayne Anderson 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 Kayne Anderson - 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 Kayne Anderson MLP to buy it.
The correlation of Kayne Anderson 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 Kayne Anderson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kayne Anderson MLP 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 Kayne Anderson 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 Kayne Anderson MLP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Oil & Gas Storage & Transportation 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 Kayne Anderson. If investors know Kayne 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 Kayne Anderson 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 0.26 | Dividend Share 0.9 | Earnings Share 3.01 | Revenue Per Share 0.533 | Quarterly Revenue Growth 0.017 |
The market value of Kayne Anderson MLP is measured differently than its book value, which is the value of Kayne that is recorded on the company's balance sheet. Investors also form their own opinion of Kayne Anderson's value that differs from its market value or its book value, called intrinsic value, which is Kayne Anderson'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 Kayne Anderson's market value can be influenced by many factors that don't directly affect Kayne Anderson'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 Kayne Anderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kayne Anderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kayne Anderson'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.