King-Strong Net Receivables vs Retained Earnings Analysis

300629 Stock

23.80 0.31 1.32%

King-Strong New financial indicator trend analysis is infinitely more than just investigating King Strong New recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether King Strong New is a good investment. Please check the relationship between King-Strong New Net Receivables and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in King Strong New Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of King Strong New Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between King-Strong New's Net Receivables and Retained Earnings is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of King Strong New Material, assuming nothing else is changed. The correlation between historical values of King-Strong New's Net Receivables and Retained Earnings 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 Receivables of King Strong New Material are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., King-Strong New's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from King-Strong New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into King Strong New 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 King Strong New Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 27.9 M, whereas Selling General Administrative is forecasted to decline to about 25.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	205.5M	261.9M	319.7M	166.0M
Total Revenue	360.3M	430.4M	511.1M	346.7M

Gross Profit Total Revenue

King-Strong New fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		0.64	0.05	0.99	0.81	0.89	0.89	-0.43	0.85	0.97	0.15	0.73	0.6	0.67	0.89	0.42	0.54	0.65	0.73	-0.87	0.98	-0.76	0.69	0.98	0.4	0.98
Other Current Liab	0.64		-0.2	0.63	0.26	0.51	0.38	0.01	0.58	0.73	0.54	0.21	-0.09	0.58	0.86	0.75	0.74	0.5	0.2	-0.73	0.52	-0.6	0.41	0.65	-0.07	0.53
Total Current Liabilities	0.05	-0.2		-0.01	0.25	-0.1	0.1	0.39	-0.16	0.05	-0.45	0.05	0.34	0.1	-0.14	-0.63	-0.18	0.33	0.23	0.28	0.04	0.41	0.25	-0.09	0.26	0.04
Total Stockholder Equity	0.99	0.63	-0.01		0.82	0.94	0.92	-0.43	0.89	0.94	0.15	0.73	0.58	0.58	0.87	0.42	0.48	0.55	0.75	-0.89	0.99	-0.76	0.62	0.98	0.37	0.98
Other Liab	0.81	0.26	0.25	0.82		0.8	0.87	-0.44	0.7	0.72	-0.28	0.9	0.89	0.38	0.64	-0.02	0.13	0.42	0.95	-0.69	0.84	-0.55	0.41	0.78	0.55	0.86
Net Tangible Assets	0.89	0.51	-0.1	0.94	0.8		0.97	-0.37	0.91	0.78	0.01	0.71	0.54	0.29	0.74	0.32	0.23	0.25	0.75	-0.82	0.95	-0.68	0.33	0.92	0.34	0.92
Retained Earnings	0.89	0.38	0.1	0.92	0.87	0.97		-0.38	0.81	0.77	-0.11	0.79	0.69	0.32	0.66	0.16	0.16	0.33	0.85	-0.73	0.96	-0.59	0.4	0.9	0.4	0.94
Accounts Payable	-0.43	0.01	0.39	-0.43	-0.44	-0.37	-0.38		-0.26	-0.39	-0.16	-0.68	-0.57	-0.38	-0.39	-0.29	-0.28	-0.27	-0.48	0.38	-0.44	0.41	-0.38	-0.52	-0.24	-0.54
Cash	0.85	0.58	-0.16	0.89	0.7	0.91	0.81	-0.26		0.79	0.1	0.51	0.37	0.3	0.78	0.39	0.33	0.25	0.56	-0.88	0.86	-0.71	0.37	0.82	0.34	0.8
Non Current Assets Total	0.97	0.73	0.05	0.94	0.72	0.78	0.77	-0.39	0.79		0.24	0.65	0.51	0.8	0.94	0.48	0.66	0.77	0.62	-0.86	0.9	-0.76	0.77	0.94	0.4	0.91
Non Currrent Assets Other	0.15	0.54	-0.45	0.15	-0.28	0.01	-0.11	-0.16	0.1	0.24		-0.18	-0.38	0.29	0.31	0.89	0.81	0.17	-0.19	-0.31	0.07	-0.24	0.39	0.17	-0.7	0.1
Other Assets	0.73	0.21	0.05	0.73	0.9	0.71	0.79	-0.68	0.51	0.65	-0.18		0.91	0.44	0.59	0.09	0.18	0.43	0.94	-0.62	0.77	-0.58	0.39	0.78	0.46	0.83
Net Receivables	0.6	-0.09	0.34	0.58	0.89	0.54	0.69	-0.57	0.37	0.51	-0.38	0.91		0.36	0.35	-0.22	0.02	0.43	0.91	-0.41	0.65	-0.38	0.44	0.57	0.54	0.69
Non Current Liabilities Total	0.67	0.58	0.1	0.58	0.38	0.29	0.32	-0.38	0.3	0.8	0.29	0.44	0.36		0.72	0.42	0.76	0.97	0.31	-0.54	0.52	-0.61	0.86	0.62	0.35	0.59
Inventory	0.89	0.86	-0.14	0.87	0.64	0.74	0.66	-0.39	0.78	0.94	0.31	0.59	0.35	0.72		0.6	0.68	0.65	0.54	-0.88	0.79	-0.75	0.58	0.89	0.31	0.83
Other Current Assets	0.42	0.75	-0.63	0.42	-0.02	0.32	0.16	-0.29	0.39	0.48	0.89	0.09	-0.22	0.42	0.6		0.83	0.25	0.02	-0.63	0.34	-0.6	0.38	0.47	-0.46	0.35
Other Stockholder Equity	0.54	0.74	-0.18	0.48	0.13	0.23	0.16	-0.28	0.33	0.66	0.81	0.18	0.02	0.76	0.68	0.83		0.68	0.14	-0.61	0.4	-0.55	0.77	0.5	-0.26	0.44
Total Liab	0.65	0.5	0.33	0.55	0.42	0.25	0.33	-0.27	0.25	0.77	0.17	0.43	0.43	0.97	0.65	0.25	0.68		0.35	-0.45	0.51	-0.48	0.88	0.57	0.39	0.57
Deferred Long Term Liab	0.73	0.2	0.23	0.75	0.95	0.75	0.85	-0.48	0.56	0.62	-0.19	0.94	0.91	0.31	0.54	0.02	0.14	0.35		-0.61	0.8	-0.48	0.37	0.73	0.35	0.82
Short Long Term Debt	-0.87	-0.73	0.28	-0.89	-0.69	-0.82	-0.73	0.38	-0.88	-0.86	-0.31	-0.62	-0.41	-0.54	-0.88	-0.63	-0.61	-0.45	-0.61		-0.84	0.92	-0.51	-0.86	-0.21	-0.82
Total Current Assets	0.98	0.52	0.04	0.99	0.84	0.95	0.96	-0.44	0.86	0.9	0.07	0.77	0.65	0.52	0.79	0.34	0.4	0.51	0.8	-0.84		-0.72	0.6	0.96	0.38	0.98
Short Term Debt	-0.76	-0.6	0.41	-0.76	-0.55	-0.68	-0.59	0.41	-0.71	-0.76	-0.24	-0.58	-0.38	-0.61	-0.75	-0.6	-0.55	-0.48	-0.48	0.92	-0.72		-0.49	-0.76	-0.28	-0.69
Intangible Assets	0.69	0.41	0.25	0.62	0.41	0.33	0.4	-0.38	0.37	0.77	0.39	0.39	0.44	0.86	0.58	0.38	0.77	0.88	0.37	-0.51	0.6	-0.49		0.59	0.18	0.63
Common Stock	0.98	0.65	-0.09	0.98	0.78	0.92	0.9	-0.52	0.82	0.94	0.17	0.78	0.57	0.62	0.89	0.47	0.5	0.57	0.73	-0.86	0.96	-0.76	0.59		0.36	0.98
Property Plant Equipment	0.4	-0.07	0.26	0.37	0.55	0.34	0.4	-0.24	0.34	0.4	-0.7	0.46	0.54	0.35	0.31	-0.46	-0.26	0.39	0.35	-0.21	0.38	-0.28	0.18	0.36		0.39
Common Stock Shares Outstanding	0.98	0.53	0.04	0.98	0.86	0.92	0.94	-0.54	0.8	0.91	0.1	0.83	0.69	0.59	0.83	0.35	0.44	0.57	0.82	-0.82	0.98	-0.69	0.63	0.98	0.39

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King-Strong New Account Relationship Matchups

King-Strong New fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.2B	1.3B	1.5B	2.0B	1.2B
Other Current Liab	20.6M	33.5M	23.2M	33.3M	5.5M	5.2M
Total Current Liabilities	168.9M	136.8M	151.1M	163.3M	175.2M	166.3M
Total Stockholder Equity	659.6M	903.1M	1.1B	1.2B	1.6B	885.1M
Other Liab	14.2M	8.5M	22.1M	31.5M	36.2M	38.0M
Net Tangible Assets	168.4M	414.5M	620.6M	758.6M	872.4M	441.8M
Retained Earnings	109.7M	159.8M	243.7M	361.2M	465.8M	237.2M
Accounts Payable	85.5M	89.1M	97.1M	99.1M	73.7M	70.3M
Cash	57.6M	221.9M	404.0M	263.3M	329.4M	215.9M
Non Current Assets Total	625.3M	550.8M	606.3M	611.3M	756.4M	485.1M
Non Currrent Assets Other	10.5M	8.0M	56.8M	93K	83.5K	79.3K
Other Assets	20.0M	5.4M	7.8M	38.4M	44.2M	46.4M
Net Receivables	265.5M	24.7M	123.5M	321.6M	593.8M	623.5M
Non Current Liabilities Total	270.9M	118.8M	67.1M	73.8M	126.9M	94.6M
Inventory	141.3M	145.6M	162.1M	171.5M	125.8M	125.4M
Other Current Assets	9.6M	32.3M	8.2M	11.2M	5.2M	4.9M
Other Stockholder Equity	21.9M	35.6M	6.3M	6.6M	7.5M	11.1M
Total Liab	439.8M	255.6M	218.2M	237.1M	302.1M	260.9M
Deferred Long Term Liab	882.8K	981.5K	709.4K	27.0M	31.1M	32.6M
Short Long Term Debt	20M	50.0M	30.7M	0.0	5.0M	4.8M
Total Current Assets	474.1M	607.8M	713.0M	860.7M	1.2B	665.6M
Intangible Assets	36.8M	34.2M	26.1M	22.0M	36.8M	30.1M
Common Stock	121.3M	131.5M	139.6M	182.3M	209.7M	124.4M
Property Plant Equipment	114.2M	56.8M	118.1M	96.5M	111.0M	104.0M
Common Stock Shares Outstanding	121.3M	131.5M	139.6M	182.3M	237.5M	153.8M
Net Invested Capital	947.0M	1.0B	1.1B	1.2B	1.6B	1.1B
Net Working Capital	305.2M	471.0M	561.9M	697.4M	1.0B	554.4M
Capital Stock	121.3M	131.5M	139.6M	182.3M	249.8M	169.5M

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Other Information on Investing in King-Strong Stock

Balance Sheet is a snapshot of the financial position of King Strong New at a specified time, usually calculated after every quarter, six months, or one year. King-Strong New Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of King-Strong New 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 King-Strong currently owns. An asset can also be divided into two categories, current and non-current.

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King-Strong Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

King-Strong New fundamental ratios Correlations

King-Strong New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

King-Strong New fundamental ratios Accounts

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Other Information on Investing in King-Strong Stock

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Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Assets
Common Stock	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.98	Total Assets
Common Stock	+ 0.98	Total Stockholder Equity

Short Long Term Debt	- 0.89	Total Stockholder Equity
Short Long Term Debt	- 0.88	Inventory
Short Long Term Debt	- 0.88	Cash
Short Long Term Debt	- 0.87	Total Assets
Common Stock	- 0.86	Short Long Term Debt
Short Long Term Debt	- 0.86	Non Current Assets Total