Kuangda Income Tax Expense vs Ebitda Analysis

002516 Stock

5.22 0.05 0.95%

Kuangda Technology financial indicator trend analysis is infinitely more than just investigating Kuangda Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuangda Technology is a good investment. Please check the relationship between Kuangda Technology Income Tax Expense and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuangda Technology Group. 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.

Income Tax Expense vs Ebitda

Income Tax Expense vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuangda Technology Income Tax Expense account and Ebitda. At this time, the significance of the direction appears to have no relationship.

The correlation between Kuangda Technology's Income Tax Expense and Ebitda is 0.06. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebitda in the same time period over historical financial statements of Kuangda Technology Group, assuming nothing else is changed. The correlation between historical values of Kuangda Technology's Income Tax Expense and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Kuangda Technology Group are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Tax Expense i.e., Kuangda Technology's Income Tax Expense and Ebitda go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Tax Expense

Ebitda

Most indicators from Kuangda Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuangda Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuangda Technology Group. 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.

At present, Kuangda Technology's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 43 M, whereas Discontinued Operations is projected to grow to (506.16).

	2021	2022	2023	2024 (projected)
Operating Income	251.7M	259.9M	239.7M	267.4M
Total Revenue	1.7B	1.8B	1.8B	1.6B

Operating Income Total Revenue

Kuangda Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Non Current Assets Total
Total Assets		0.05	0.72	0.69	0.79	0.84	0.41	0.8	0.86	0.85	0.45	0.72	0.84	0.6	0.95	0.75	0.76	0.41	0.49	-0.11	-0.27	0.33	0.32	0.37	0.33	-0.23
Other Current Liab	0.05		0.51	-0.4	-0.19	0.28	0.37	0.44	-0.12	0.01	0.03	0.45	0.16	-0.53	0.18	0.38	-0.41	0.51	-0.56	0.46	0.6	0.28	0.21	-0.59	0.28	0.58
Total Current Liabilities	0.72	0.51		0.0	0.24	0.93	0.48	0.85	0.35	0.63	0.22	1.0	0.72	-0.03	0.88	0.93	0.18	0.84	-0.19	0.2	0.38	0.56	0.27	-0.31	0.56	0.4
Total Stockholder Equity	0.69	-0.4	0.0		0.91	0.24	0.1	0.3	0.88	0.57	0.44	0.01	0.49	0.89	0.44	0.09	0.89	-0.3	0.9	-0.35	-0.78	-0.12	0.2	0.87	-0.12	-0.76
Retained Earnings	0.79	-0.19	0.24	0.91		0.45	0.26	0.55	0.89	0.57	0.67	0.23	0.7	0.77	0.6	0.29	0.82	-0.08	0.77	-0.11	-0.59	-0.05	0.34	0.71	-0.05	-0.61
Accounts Payable	0.84	0.28	0.93	0.24	0.45		0.44	0.88	0.52	0.8	0.3	0.93	0.82	0.17	0.93	0.84	0.37	0.68	0.02	0.06	0.16	0.42	0.28	-0.09	0.42	0.19
Cash	0.41	0.37	0.48	0.1	0.26	0.44		0.41	0.26	0.33	0.27	0.47	0.23	-0.11	0.41	0.5	-0.07	0.49	-0.14	0.3	0.38	0.4	0.53	-0.27	0.4	0.34
Other Assets	0.8	0.44	0.85	0.3	0.55	0.88	0.41		0.51	0.71	0.55	0.82	0.8	0.19	0.84	0.75	0.39	0.54	0.07	0.12	0.08	0.2	0.2	-0.01	0.2	0.06
Net Receivables	0.86	-0.12	0.35	0.88	0.89	0.52	0.26	0.51		0.73	0.39	0.35	0.68	0.78	0.69	0.41	0.83	0.04	0.73	-0.31	-0.54	0.16	0.3	0.65	0.16	-0.51
Inventory	0.85	0.01	0.63	0.57	0.57	0.8	0.33	0.71	0.73		0.16	0.64	0.63	0.46	0.79	0.58	0.6	0.32	0.33	-0.35	-0.22	0.22	0.1	0.24	0.22	-0.15
Other Current Assets	0.45	0.03	0.22	0.44	0.67	0.3	0.27	0.55	0.39	0.16		0.2	0.46	0.29	0.4	0.29	0.36	0.13	0.35	0.37	-0.09	0.03	0.47	0.25	0.03	-0.19
Total Liab	0.72	0.45	1.0	0.01	0.23	0.93	0.47	0.82	0.35	0.64	0.2		0.7	-0.02	0.89	0.95	0.19	0.86	-0.19	0.19	0.38	0.58	0.26	-0.31	0.58	0.41
Intangible Assets	0.84	0.16	0.72	0.49	0.7	0.82	0.23	0.8	0.68	0.63	0.46	0.7		0.4	0.85	0.64	0.53	0.4	0.3	0.07	-0.13	0.3	0.24	0.24	0.3	-0.13
Common Stock	0.6	-0.53	-0.03	0.89	0.77	0.17	-0.11	0.19	0.78	0.46	0.29	-0.02	0.4		0.39	0.05	0.92	-0.38	0.97	-0.54	-0.88	-0.17	-0.05	0.93	-0.17	-0.86
Property Plant Equipment	0.95	0.18	0.88	0.44	0.6	0.93	0.41	0.84	0.69	0.79	0.4	0.89	0.85	0.39		0.9	0.57	0.66	0.25	0.06	0.0	0.53	0.34	0.11	0.53	0.04
Other Liab	0.75	0.38	0.93	0.09	0.29	0.84	0.5	0.75	0.41	0.58	0.29	0.95	0.64	0.05	0.9		0.27	0.9	-0.11	0.27	0.35	0.67	0.38	-0.25	0.67	0.38
Long Term Debt	0.76	-0.41	0.18	0.89	0.82	0.37	-0.07	0.39	0.83	0.6	0.36	0.19	0.53	0.92	0.57	0.27		-0.16	0.87	-0.43	-0.79	-0.13	0.07	0.84	-0.13	-0.75
Good Will	0.41	0.51	0.84	-0.3	-0.08	0.68	0.49	0.54	0.04	0.32	0.13	0.86	0.4	-0.38	0.66	0.9	-0.16		-0.5	0.5	0.72	0.78	0.4	-0.63	0.78	0.74
Net Tangible Assets	0.49	-0.56	-0.19	0.9	0.77	0.02	-0.14	0.07	0.73	0.33	0.35	-0.19	0.3	0.97	0.25	-0.11	0.87	-0.5		-0.47	-0.9	-0.24	0.06	0.96	-0.24	-0.89
Other Stockholder Equity	-0.11	0.46	0.2	-0.35	-0.11	0.06	0.3	0.12	-0.31	-0.35	0.37	0.19	0.07	-0.54	0.06	0.27	-0.43	0.5	-0.47		0.61	0.36	0.5	-0.54	0.36	0.55
Deferred Long Term Liab	-0.27	0.6	0.38	-0.78	-0.59	0.16	0.38	0.08	-0.54	-0.22	-0.09	0.38	-0.13	-0.88	0.0	0.35	-0.79	0.72	-0.9	0.61		0.56	0.27	-0.97	0.56	0.99
Short Long Term Debt	0.33	0.28	0.56	-0.12	-0.05	0.42	0.4	0.2	0.16	0.22	0.03	0.58	0.3	-0.17	0.53	0.67	-0.13	0.78	-0.24	0.36	0.56		0.48	-0.43	1.0	0.62
Total Current Assets	0.32	0.21	0.27	0.2	0.34	0.28	0.53	0.2	0.3	0.1	0.47	0.26	0.24	-0.05	0.34	0.38	0.07	0.4	0.06	0.5	0.27	0.48		-0.13	0.48	0.27
Treasury Stock	0.37	-0.59	-0.31	0.87	0.71	-0.09	-0.27	-0.01	0.65	0.24	0.25	-0.31	0.24	0.93	0.11	-0.25	0.84	-0.63	0.96	-0.54	-0.97	-0.43	-0.13		-0.43	-0.97
Short Term Debt	0.33	0.28	0.56	-0.12	-0.05	0.42	0.4	0.2	0.16	0.22	0.03	0.58	0.3	-0.17	0.53	0.67	-0.13	0.78	-0.24	0.36	0.56	1.0	0.48	-0.43		0.62
Non Current Assets Total	-0.23	0.58	0.4	-0.76	-0.61	0.19	0.34	0.06	-0.51	-0.15	-0.19	0.41	-0.13	-0.86	0.04	0.38	-0.75	0.74	-0.89	0.55	0.99	0.62	0.27	-0.97	0.62

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Kuangda Technology Account Relationship Matchups

Kuangda Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.0B	4.1B	4.4B	4.4B	3.8B
Other Current Liab	86.6M	41.9M	28.9M	298.1K	804.6K	764.4K
Total Current Liabilities	526.1M	507.2M	556.2M	578.0M	686.5M	904.6M
Total Stockholder Equity	3.6B	3.4B	3.4B	3.7B	3.6B	2.6B
Retained Earnings	1.0B	875.1M	991.5M	897.3M	787.7M	751.7M
Accounts Payable	357.1M	384.1M	438.1M	435.1M	540.0M	486.8M
Cash	356.0M	371.4M	278.7M	614.1M	306.9M	571.1M
Other Assets	164.5M	78.8M	79.0M	87.0M	100.1M	96.9M
Net Receivables	871.6M	784.7M	1.1B	867.2M	894.3M	728.4M
Inventory	209.8M	209.4M	274.8M	266.6M	332.7M	229.6M
Other Current Assets	162.6M	88.4M	60.8M	26.2M	84.5M	80.3M
Total Liab	530.2M	511.1M	619.0M	658.1M	777.2M	1.1B
Intangible Assets	155.1M	156.9M	150.3M	147.6M	74.8M	130.5M
Property Plant Equipment	1.6B	1.5B	1.4B	1.4B	1.6B	1.5B
Other Liab	6.7M	4.1M	3.8M	2.6M	2.3M	2.2M
Net Tangible Assets	3.6B	3.4B	3.2B	3.2B	3.7B	3.5B
Other Stockholder Equity	(6.5K)	(8.5K)	(689.0K)	(9.6M)	(8.6M)	(8.2M)
Deferred Long Term Liab	32.8M	25.9M	25.6M	27.6M	24.9M	29.0M
Total Current Assets	2.3B	2.1B	2.0B	2.3B	2.3B	1.9B
Non Current Assets Total	1.8B	1.9B	2.0B	2.1B	2.1B	1.8B
Non Currrent Assets Other	4.2M	6.1M	10.6M	8.6M	5.7M	5.4M
Non Current Liabilities Total	4.1M	3.8M	62.8M	80.0M	90.7M	128.5M
Net Invested Capital	3.6B	3.4B	3.4B	3.7B	3.6B	2.9B
Net Working Capital	1.8B	1.6B	1.5B	1.7B	1.7B	1.4B

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Balance Sheet is a snapshot of the financial position of Kuangda Technology at a specified time, usually calculated after every quarter, six months, or one year. Kuangda Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kuangda Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kuangda currently owns. An asset can also be divided into two categories, current and non-current.

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Kuangda Income Tax Expense vs Ebitda Analysis

Income Tax Expense vs Ebitda

Income Tax Expense vs Ebitda Correlation Analysis

Correlation Coefficient

Income Tax Expense

Ebitda

Kuangda Technology fundamental ratios Correlations

Kuangda Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kuangda Technology fundamental ratios Accounts

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Other Information on Investing in Kuangda Stock

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt
Non Current Assets Total	+ 0.99	Deferred Long Term Liab
Net Tangible Assets	+ 0.97	Common Stock
Treasury Stock	+ 0.96	Net Tangible Assets
Property Plant Equipment	+ 0.95	Total Assets

Non Current Assets Total	- 0.97	Treasury Stock
Treasury Stock	- 0.97	Deferred Long Term Liab
Deferred Long Term Liab	- 0.9	Net Tangible Assets
Non Current Assets Total	- 0.89	Net Tangible Assets
Deferred Long Term Liab	- 0.88	Common Stock
Non Current Assets Total	- 0.86	Common Stock