Kayne Net Income Per Share vs Days Sales Outstanding 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 Net Income Per Share and its Days Sales Outstanding 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.

Net Income Per Share vs Days Sales Outstanding

Net Income Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kayne Anderson MLP Net Income Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kayne Anderson's Net Income Per Share and Days Sales Outstanding is -0.07. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Days Sales Outstanding 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 Net Income Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Kayne Anderson MLP are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Net Income Per Share i.e., Kayne Anderson's Net Income Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Share

Days Sales Outstanding

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 27th 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 Expenses6.7M7.6M8.8M13.5M
Cost Of Revenue27.6M27.1M31.1M29.6M

Kayne Anderson fundamental ratios Correlations

0.90.90.980.791.0-0.98-0.910.59-0.050.830.230.980.270.890.940.890.90.650.130.880.910.420.06-0.11-0.01
0.91.00.890.870.93-0.95-1.00.65-0.230.86-0.120.880.240.80.920.910.90.840.110.840.90.250.23-0.31-0.12
0.91.00.890.870.93-0.95-1.00.65-0.240.86-0.120.880.250.80.920.920.90.850.110.850.90.240.23-0.32-0.13
0.980.890.890.760.98-0.96-0.90.52-0.020.820.220.930.190.810.890.90.920.690.050.850.930.40.01-0.040.02
0.790.870.870.760.81-0.81-0.870.72-0.360.87-0.240.790.50.750.850.780.780.80.350.810.790.010.13-0.39-0.32
1.00.930.930.980.81-0.99-0.940.6-0.090.850.160.980.250.870.940.90.910.70.10.870.920.390.06-0.16-0.03
-0.98-0.95-0.95-0.96-0.81-0.990.95-0.620.1-0.83-0.15-0.97-0.25-0.9-0.97-0.92-0.93-0.71-0.12-0.91-0.93-0.38-0.210.190.05
-0.91-1.0-1.0-0.9-0.87-0.940.95-0.650.24-0.860.11-0.89-0.24-0.8-0.92-0.92-0.91-0.85-0.1-0.85-0.9-0.25-0.220.320.14
0.590.650.650.520.720.6-0.62-0.65-0.070.60.090.630.50.660.70.460.460.330.290.550.450.090.22-0.19-0.13
-0.05-0.23-0.24-0.02-0.36-0.090.10.24-0.07-0.010.56-0.07-0.01-0.1-0.15-0.24-0.26-0.43-0.01-0.23-0.250.3-0.080.940.86
0.830.860.860.820.870.85-0.83-0.860.6-0.01-0.130.820.480.720.840.710.720.720.340.690.730.32-0.01-0.030.03
0.23-0.12-0.120.22-0.240.16-0.150.110.090.56-0.130.220.050.260.120.020.06-0.50.010.140.080.47-0.020.540.38
0.980.880.880.930.790.98-0.97-0.890.63-0.070.820.220.340.940.970.850.850.590.20.880.870.430.1-0.17-0.03
0.270.240.250.190.50.25-0.25-0.240.5-0.010.480.050.340.440.420.090.130.070.960.330.150.140.03-0.06-0.05
0.890.80.80.810.750.87-0.9-0.80.66-0.10.720.260.940.440.960.760.780.480.340.90.790.460.33-0.25-0.15
0.940.920.920.890.850.94-0.97-0.920.7-0.150.840.120.970.420.960.840.860.650.30.910.860.40.27-0.27-0.15
0.890.910.920.90.780.9-0.92-0.920.46-0.240.710.020.850.090.760.840.980.820.010.920.980.150.25-0.29-0.11
0.90.90.90.920.780.91-0.93-0.910.46-0.260.720.060.850.130.780.860.980.810.040.941.00.220.25-0.29-0.14
0.650.840.850.690.80.7-0.71-0.850.33-0.430.72-0.50.590.070.480.650.820.810.010.680.8-0.090.18-0.43-0.28
0.130.110.110.050.350.1-0.12-0.10.29-0.010.340.010.20.960.340.30.010.040.010.270.070.110.11-0.07-0.06
0.880.840.850.850.810.87-0.91-0.850.55-0.230.690.140.880.330.90.910.920.940.680.270.950.240.36-0.33-0.19
0.910.90.90.930.790.92-0.93-0.90.45-0.250.730.080.870.150.790.860.981.00.80.070.950.230.23-0.28-0.14
0.420.250.240.40.010.39-0.38-0.250.090.30.320.470.430.140.460.40.150.22-0.090.110.240.23-0.080.250.26
0.060.230.230.010.130.06-0.21-0.220.22-0.08-0.01-0.020.10.030.330.270.250.250.180.110.360.23-0.08-0.24-0.13
-0.11-0.31-0.32-0.04-0.39-0.160.190.32-0.190.94-0.030.54-0.17-0.06-0.25-0.27-0.29-0.29-0.43-0.07-0.33-0.280.25-0.240.79
-0.01-0.12-0.130.02-0.32-0.030.050.14-0.130.860.030.38-0.03-0.05-0.15-0.15-0.11-0.14-0.28-0.06-0.19-0.140.26-0.130.79
Click cells to compare fundamentals

Kayne Anderson Account Relationship Matchups

Kayne Anderson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.6B2.0B2.4B2.8B3.2B
Other Current Liab(1.3M)(20K)(15K)(5.0M)(4.5M)(4.3M)
Total Current Liabilities1.3M20K15K5.0M4.5M4.3M
Total Stockholder Equity872.9M1.1B1.4B1.8B2.0B2.0B
Accounts Payable1.3M20K15K5.0M4.5M8.8M
Non Current Assets Total1.2B1.6B2.0B2.4B2.8B3.5B
Non Currrent Assets Other(1.3B)(1.6B)(2.0B)(2.4B)(2.2B)(2.3B)
Other Assets67.7M15.1M8.6M643K739.5K776.4K
Net Receivables1.6M1.7M3.4M3.2M2.9M2.8M
Common Stock Shares Outstanding126.4M126.4M133.7M137.8M158.4M98.3M
Liabilities And Stockholders Equity1.3B1.6B2.0B2.4B2.8B3.2B
Non Current Liabilities Total234.6M321.6M15K706.4M812.4M677.5M
Other Stockholder Equity1.9B1.8B2.4B2.6B3.0B2.1B
Total Liab380.1M491.9M556.6M650.1M747.6M1.3B
Total Current Assets1.8M2.8M3.9M12.8M14.7M23.1M
Accumulated Other Comprehensive Income(114.8M)(241.8M)(1.0B)(691.0M)(455.2M)0.0
Short Long Term Debt Total371.9M424.4M309.3M344.2M395.8M376.1M
Net Debt234.5M320.5M308.8M343.6M395.2M375.4M
Other Liab260.1M214.7M60.2M123.7M111.4M105.8M
Net Tangible Assets1.8B872.9M1.1B1.4B1.3B1.4B
Retained Earnings(1.0B)(691.0M)(455.2M)(832.1M)(748.9M)(711.4M)
Cash171K1.2M505K589K530.1K503.6K
Long Term Debt1.1B970.5M309.9M361.4M325.2M309.0M
Long Term Investments1.2B1.6B2.0B2.4B2.2B2.3B
Short Term Debt62M63M32.3M59.0M67.8M62.1M
Deferred Long Term Liab562K563K571K551K495.9K471.1K
Cash And Short Term Investments171K1.2M505K589K530.1K503.6K
Other Current Assets(68.7M)(17.1M)8.0M9.0M8.1M8.5M
Long Term Debt Total1.1B970.5M309.9M361.4M325.2M309.0M
Capital Surpluse2.2B2.0B1.9B1.8B1.6B1.6B
Net Invested Capital1.1B1.4B1.8B2.1B1.9B1.6B
Current Deferred Revenue(60.7M)(63.0M)(32.3M)(54.0M)(48.6M)(51.0M)
Inventory1.017.1M13.5M12.5M14.4M10.4M

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

  0.89OCCIN OFS CreditPairCorr
  0.81OCCIO OFS CreditPairCorr

Moving against Kayne Stock

  0.53JPPYY Jupai HoldingsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Kayne Anderson MLP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kayne Anderson'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 Kayne Anderson Mlp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kayne Anderson Mlp Stock:
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.