Kroger Other Current Assets vs Short Long Term Debt Total Analysis

0JS2 Stock   59.93  0.11  0.18%   
Kroger financial indicator trend analysis is infinitely more than just investigating Kroger recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kroger is a good investment. Please check the relationship between Kroger Other Current Assets and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kroger Co. 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 Assets vs Short Long Term Debt Total

Other Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Other Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kroger's Other Current Assets and Short Long Term Debt Total is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Kroger Co, assuming nothing else is changed. The correlation between historical values of Kroger's Other Current Assets and Short Long Term Debt Total 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 Assets of Kroger Co are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Assets i.e., Kroger's Other Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Long Term Debt Total

Most indicators from Kroger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kroger 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 Kroger Co. 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 4.5 B in 2024. Tax Provision is likely to drop to about 580 M in 2024
 2011 2014 2020 2024 (projected)
Interest Expense443M603M441M354.2M
Depreciation And Amortization1.7B3.3B3.8B293.1M

Kroger fundamental ratios Correlations

0.950.810.990.991.00.920.990.611.00.970.850.99-0.860.990.970.6-0.991.00.980.820.890.260.8-0.610.34
0.950.870.930.90.960.990.930.40.970.940.670.91-0.850.990.940.42-0.940.970.890.910.740.390.85-0.510.35
0.810.870.820.750.80.90.730.070.820.690.430.71-0.490.840.910.62-0.730.840.780.990.490.020.53-0.64-0.07
0.990.930.820.990.990.890.980.630.990.940.870.98-0.810.970.980.68-0.970.991.00.810.90.180.74-0.660.28
0.990.90.750.990.980.850.990.710.980.950.920.99-0.830.950.950.66-0.980.981.00.740.940.190.75-0.650.34
1.00.960.80.990.980.930.990.611.00.980.840.99-0.880.990.960.56-0.991.00.980.820.890.30.83-0.590.38
0.920.990.90.890.850.930.880.290.940.90.590.86-0.80.970.920.39-0.90.940.850.940.660.380.83-0.490.31
0.990.930.730.980.990.990.880.70.990.980.91.0-0.890.970.940.56-0.990.990.980.740.940.30.82-0.580.42
0.610.40.070.630.710.610.290.70.590.670.930.73-0.690.530.470.41-0.670.570.680.060.90.20.51-0.320.5
1.00.970.820.990.981.00.940.990.590.970.830.98-0.870.990.970.56-0.991.00.980.830.880.290.82-0.60.36
0.970.940.690.940.950.980.90.980.670.970.850.98-0.960.970.890.39-0.990.970.930.720.90.450.91-0.470.54
0.850.670.430.870.920.840.590.90.930.830.850.92-0.790.780.760.62-0.870.820.90.420.990.170.64-0.540.41
0.990.910.710.980.990.990.861.00.730.980.980.92-0.890.960.930.57-0.990.980.980.720.950.290.81-0.580.42
-0.86-0.85-0.49-0.81-0.83-0.88-0.8-0.89-0.69-0.87-0.96-0.79-0.89-0.88-0.72-0.150.92-0.86-0.79-0.55-0.85-0.64-0.940.24-0.68
0.990.990.840.970.950.990.970.970.530.990.970.780.96-0.880.960.49-0.980.990.950.860.830.360.85-0.540.38
0.970.940.910.980.950.960.920.940.470.970.890.760.93-0.720.960.7-0.930.970.970.90.80.110.69-0.690.16
0.60.420.620.680.660.560.390.560.410.560.390.620.57-0.150.490.7-0.50.570.710.530.58-0.50.04-0.78-0.34
-0.99-0.94-0.73-0.97-0.98-0.99-0.9-0.99-0.67-0.99-0.99-0.87-0.990.92-0.98-0.93-0.5-0.98-0.96-0.75-0.92-0.39-0.840.5-0.42
1.00.970.840.990.981.00.940.990.571.00.970.820.98-0.860.990.970.57-0.980.970.850.870.290.82-0.60.34
0.980.890.781.01.00.980.850.980.680.980.930.90.98-0.790.950.970.71-0.960.970.770.920.140.71-0.670.26
0.820.910.990.810.740.820.940.740.060.830.720.420.72-0.550.860.90.53-0.750.850.770.480.130.59-0.570.0
0.890.740.490.90.940.890.660.940.90.880.90.990.95-0.850.830.80.58-0.920.870.920.480.230.72-0.540.46
0.260.390.020.180.190.30.380.30.20.290.450.170.29-0.640.360.11-0.5-0.390.290.140.130.230.610.530.5
0.80.850.530.740.750.830.830.820.510.820.910.640.81-0.940.850.690.04-0.840.820.710.590.720.61-0.320.78
-0.61-0.51-0.64-0.66-0.65-0.59-0.49-0.58-0.32-0.6-0.47-0.54-0.580.24-0.54-0.69-0.780.5-0.6-0.67-0.57-0.540.53-0.32-0.11
0.340.35-0.070.280.340.380.310.420.50.360.540.410.42-0.680.380.16-0.34-0.420.340.260.00.460.50.78-0.11
Click cells to compare fundamentals

Kroger Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Kroger Stock Analysis

When running Kroger's price analysis, check to measure Kroger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kroger is operating at the current time. Most of Kroger's value examination focuses on studying past and present price action to predict the probability of Kroger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kroger's price. Additionally, you may evaluate how the addition of Kroger to your portfolios can decrease your overall portfolio volatility.