Kinatico Other Current Liab vs Total Stockholder Equity Analysis

KYP Stock   0.14  0.01  7.69%   
Kinatico financial indicator trend analysis is infinitely more than just investigating Kinatico recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinatico is a good investment. Please check the relationship between Kinatico Other Current Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinatico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Total Stockholder Equity

Other Current Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinatico Other Current Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kinatico's Other Current Liab and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Kinatico, assuming nothing else is changed. The correlation between historical values of Kinatico's Other Current Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Kinatico are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Liab i.e., Kinatico's Other Current Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Kinatico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinatico 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 Kinatico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 6.6 M in 2024. Tax Provision is likely to drop to about (151.1 K) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue26.4M27.7M28.7M14.7M
Depreciation And Amortization2.4M2.6M3.1M3.3M

Kinatico fundamental ratios Correlations

0.920.951.00.83-0.85-0.730.720.90.91-0.61-0.460.90.920.890.480.28-0.510.950.940.90.940.810.870.790.9
0.920.930.910.72-0.75-0.710.570.790.84-0.75-0.580.790.910.840.550.36-0.510.910.850.830.890.680.950.690.8
0.950.930.930.83-0.73-0.860.820.780.9-0.59-0.50.780.930.970.60.43-0.530.990.850.890.980.790.880.810.92
1.00.910.930.8-0.88-0.680.680.920.89-0.61-0.460.920.910.850.430.23-0.490.910.960.890.920.790.860.770.88
0.830.720.830.8-0.57-0.630.70.660.8-0.48-0.40.660.760.850.410.13-0.650.880.70.770.790.980.740.720.92
-0.85-0.75-0.73-0.88-0.570.62-0.52-0.98-0.730.580.34-0.98-0.76-0.63-0.38-0.310.33-0.72-0.97-0.74-0.79-0.53-0.73-0.61-0.63
-0.73-0.71-0.86-0.68-0.630.62-0.87-0.62-0.740.380.42-0.62-0.77-0.91-0.7-0.740.48-0.85-0.68-0.72-0.91-0.55-0.66-0.75-0.72
0.720.570.820.680.7-0.52-0.870.570.7-0.25-0.250.570.690.880.540.47-0.350.830.620.70.850.670.560.720.79
0.90.790.780.920.66-0.98-0.620.570.73-0.62-0.351.00.770.690.40.29-0.360.770.990.730.830.610.770.60.69
0.910.840.90.890.8-0.73-0.740.70.73-0.44-0.470.730.970.860.450.24-0.570.90.791.00.870.810.790.930.92
-0.61-0.75-0.59-0.61-0.480.580.38-0.25-0.62-0.440.62-0.62-0.6-0.48-0.2-0.080.37-0.57-0.65-0.42-0.57-0.43-0.75-0.25-0.44
-0.46-0.58-0.5-0.46-0.40.340.42-0.25-0.35-0.470.62-0.35-0.58-0.510.01-0.160.6-0.46-0.41-0.48-0.49-0.41-0.41-0.52-0.44
0.90.790.780.920.66-0.98-0.620.571.00.73-0.62-0.350.770.690.40.29-0.360.770.990.730.830.610.770.60.69
0.920.910.930.910.76-0.76-0.770.690.770.97-0.6-0.580.770.870.430.27-0.570.910.830.970.90.760.840.890.89
0.890.840.970.850.85-0.63-0.910.880.690.86-0.48-0.510.690.870.580.49-0.620.970.760.840.960.810.770.840.92
0.480.550.60.430.41-0.38-0.70.540.40.45-0.20.010.40.430.580.77-0.140.620.440.410.60.290.610.320.38
0.280.360.430.230.13-0.31-0.740.470.290.24-0.08-0.160.290.270.490.77-0.270.410.320.220.520.00.30.30.15
-0.51-0.51-0.53-0.49-0.650.330.48-0.35-0.36-0.570.370.6-0.36-0.57-0.62-0.14-0.27-0.54-0.42-0.55-0.53-0.65-0.35-0.69-0.55
0.950.910.990.910.88-0.72-0.850.830.770.9-0.57-0.460.770.910.970.620.41-0.540.840.880.970.840.890.80.93
0.940.850.850.960.7-0.97-0.680.620.990.79-0.65-0.410.990.830.760.440.32-0.420.840.790.890.660.820.660.75
0.90.830.890.890.77-0.74-0.720.70.731.0-0.42-0.480.730.970.840.410.22-0.550.880.790.850.790.770.940.91
0.940.890.980.920.79-0.79-0.910.850.830.87-0.57-0.490.830.90.960.60.52-0.530.970.890.850.730.830.80.88
0.810.680.790.790.98-0.53-0.550.670.610.81-0.43-0.410.610.760.810.290.0-0.650.840.660.790.730.680.750.93
0.870.950.880.860.74-0.73-0.660.560.770.79-0.75-0.410.770.840.770.610.3-0.350.890.820.770.830.680.570.77
0.790.690.810.770.72-0.61-0.750.720.60.93-0.25-0.520.60.890.840.320.3-0.690.80.660.940.80.750.570.86
0.90.80.920.880.92-0.63-0.720.790.690.92-0.44-0.440.690.890.920.380.15-0.550.930.750.910.880.930.770.86
Click cells to compare fundamentals

Kinatico Account Relationship Matchups

Kinatico fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.2M32.5M33.7M32.4M32.8M17.3M
Other Current Liab1.3M4.2M3.4M3.0M2.5M1.7M
Total Current Liabilities2.7M6.3M6.8M6.5M6.4M3.7M
Total Stockholder Equity6.4M26.2M25.4M24.9M25.7M13.1M
Property Plant And Equipment Net388.5K323.6K2.0M1.6M1.1M601.9K
Net Debt(4.4M)(12.7M)(10.4M)(8.1M)(8.6M)(9.1M)
Retained Earnings(21.1M)(22.1M)(23.3M)(23.1M)(22.3M)(23.4M)
Accounts Payable957.3K1.1M2.1M1.8M2.5M1.4M
Cash4.6M12.9M12.2M9.6M9.8M7.0M
Non Current Assets Total3.3M16.2M18.4M20.1M20.1M21.1M
Non Currrent Assets Other(3.3M)(16.2M)(18.4M)320.1K288.1K302.5K
Other Assets372.8K0.030.7K342.3K308.1K250.7K
Cash And Short Term Investments4.6M12.9M12.2M9.6M9.8M7.0M
Net Receivables688.2K3.0M2.8M2.4M2.6M2.7M
Common Stock Shares Outstanding289.4M332.5M432.5M430.2M418.7M285.8M
Liabilities And Stockholders Equity9.2M32.5M33.7M32.4M32.8M17.3M
Inventory202.9K1.092.9K142.4K163.8K121.1K
Other Current Assets661.2K429.4K213.9K327.0K369.1K377.9K
Other Stockholder Equity(82.4K)(910.0)(56.6K)(38.4K)(34.6K)(36.3K)
Total Liab2.8M6.3M8.3M7.6M7.1M4.2M
Total Current Assets6.0M16.3M15.2M12.4M12.7M8.6M
Accumulated Other Comprehensive Income173.5K1.1M754.3K1.3M1.5M864.0K
Intangible Assets1.5M11.2M11.8M13.5M14.0M14.7M
Common Stock27.3M47.2M47.9M46.7M46.5M29.3M
Non Current Liabilities Total151.8K124.8K1.5M1.1M711.3K645.7K
Short Term Debt194.2K217.8K250.5K384.7K404.3K424.5K
Current Deferred Revenue272.7K648.0K1.1M1.2M924.0K671.2K
Good Will1.3M1.4M1.4M4.7M5.4M3.3M
Cash And Equivalents2.4M3.1M70K8.1M9.3M9.7M
Property Plant Equipment388.6K323.6K2.0M1.6M1.8M1.9M

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Additional Tools for Kinatico Stock Analysis

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