King-Strong Other Current Assets vs Deferred Long Term Liab Analysis

300629 Stock   23.49  0.09  0.38%   
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 Other Current Assets and its Deferred Long Term Liab 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.

Other Current Assets vs Deferred Long Term Liab

Other Current Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of King Strong New Other Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between King-Strong New's Other Current Assets and Deferred Long Term Liab is 0.02. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Deferred Long Term Liab 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 Other Current Assets and Deferred Long Term Liab 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 King Strong New Material are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Assets i.e., King-Strong New's Other Current Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Profit205.5M261.9M319.7M166.0M
Total Revenue360.3M430.4M511.1M346.7M

King-Strong New fundamental ratios Correlations

0.640.050.990.810.890.89-0.430.850.970.150.730.60.670.890.420.540.650.73-0.870.98-0.760.690.980.40.98
0.64-0.20.630.260.510.380.010.580.730.540.21-0.090.580.860.750.740.50.2-0.730.52-0.60.410.65-0.070.53
0.05-0.2-0.010.25-0.10.10.39-0.160.05-0.450.050.340.1-0.14-0.63-0.180.330.230.280.040.410.25-0.090.260.04
0.990.63-0.010.820.940.92-0.430.890.940.150.730.580.580.870.420.480.550.75-0.890.99-0.760.620.980.370.98
0.810.260.250.820.80.87-0.440.70.72-0.280.90.890.380.64-0.020.130.420.95-0.690.84-0.550.410.780.550.86
0.890.51-0.10.940.80.97-0.370.910.780.010.710.540.290.740.320.230.250.75-0.820.95-0.680.330.920.340.92
0.890.380.10.920.870.97-0.380.810.77-0.110.790.690.320.660.160.160.330.85-0.730.96-0.590.40.90.40.94
-0.430.010.39-0.43-0.44-0.37-0.38-0.26-0.39-0.16-0.68-0.57-0.38-0.39-0.29-0.28-0.27-0.480.38-0.440.41-0.38-0.52-0.24-0.54
0.850.58-0.160.890.70.910.81-0.260.790.10.510.370.30.780.390.330.250.56-0.880.86-0.710.370.820.340.8
0.970.730.050.940.720.780.77-0.390.790.240.650.510.80.940.480.660.770.62-0.860.9-0.760.770.940.40.91
0.150.54-0.450.15-0.280.01-0.11-0.160.10.24-0.18-0.380.290.310.890.810.17-0.19-0.310.07-0.240.390.17-0.70.1
0.730.210.050.730.90.710.79-0.680.510.65-0.180.910.440.590.090.180.430.94-0.620.77-0.580.390.780.460.83
0.6-0.090.340.580.890.540.69-0.570.370.51-0.380.910.360.35-0.220.020.430.91-0.410.65-0.380.440.570.540.69
0.670.580.10.580.380.290.32-0.380.30.80.290.440.360.720.420.760.970.31-0.540.52-0.610.860.620.350.59
0.890.86-0.140.870.640.740.66-0.390.780.940.310.590.350.720.60.680.650.54-0.880.79-0.750.580.890.310.83
0.420.75-0.630.42-0.020.320.16-0.290.390.480.890.09-0.220.420.60.830.250.02-0.630.34-0.60.380.47-0.460.35
0.540.74-0.180.480.130.230.16-0.280.330.660.810.180.020.760.680.830.680.14-0.610.4-0.550.770.5-0.260.44
0.650.50.330.550.420.250.33-0.270.250.770.170.430.430.970.650.250.680.35-0.450.51-0.480.880.570.390.57
0.730.20.230.750.950.750.85-0.480.560.62-0.190.940.910.310.540.020.140.35-0.610.8-0.480.370.730.350.82
-0.87-0.730.28-0.89-0.69-0.82-0.730.38-0.88-0.86-0.31-0.62-0.41-0.54-0.88-0.63-0.61-0.45-0.61-0.840.92-0.51-0.86-0.21-0.82
0.980.520.040.990.840.950.96-0.440.860.90.070.770.650.520.790.340.40.510.8-0.84-0.720.60.960.380.98
-0.76-0.60.41-0.76-0.55-0.68-0.590.41-0.71-0.76-0.24-0.58-0.38-0.61-0.75-0.6-0.55-0.48-0.480.92-0.72-0.49-0.76-0.28-0.69
0.690.410.250.620.410.330.4-0.380.370.770.390.390.440.860.580.380.770.880.37-0.510.6-0.490.590.180.63
0.980.65-0.090.980.780.920.9-0.520.820.940.170.780.570.620.890.470.50.570.73-0.860.96-0.760.590.360.98
0.4-0.070.260.370.550.340.4-0.240.340.4-0.70.460.540.350.31-0.46-0.260.390.35-0.210.38-0.280.180.360.39
0.980.530.040.980.860.920.94-0.540.80.910.10.830.690.590.830.350.440.570.82-0.820.98-0.690.630.980.39
Click cells to compare fundamentals

King-Strong New Account Relationship Matchups

King-Strong New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B1.3B1.5B2.0B1.2B
Other Current Liab20.6M33.5M23.2M33.3M5.5M5.2M
Total Current Liabilities168.9M136.8M151.1M163.3M175.2M166.3M
Total Stockholder Equity659.6M903.1M1.1B1.2B1.6B885.1M
Other Liab14.2M8.5M22.1M31.5M36.2M38.0M
Net Tangible Assets168.4M414.5M620.6M758.6M872.4M441.8M
Retained Earnings109.7M159.8M243.7M361.2M465.8M237.2M
Accounts Payable85.5M89.1M97.1M99.1M73.7M70.3M
Cash57.6M221.9M404.0M263.3M329.4M215.9M
Non Current Assets Total625.3M550.8M606.3M611.3M756.4M485.1M
Non Currrent Assets Other10.5M8.0M56.8M93K83.5K79.3K
Other Assets20.0M5.4M7.8M38.4M44.2M46.4M
Net Receivables265.5M24.7M123.5M321.6M593.8M623.5M
Non Current Liabilities Total270.9M118.8M67.1M73.8M126.9M94.6M
Inventory141.3M145.6M162.1M171.5M125.8M125.4M
Other Current Assets9.6M32.3M8.2M11.2M5.2M4.9M
Other Stockholder Equity21.9M35.6M6.3M6.6M7.5M11.1M
Total Liab439.8M255.6M218.2M237.1M302.1M260.9M
Deferred Long Term Liab882.8K981.5K709.4K27.0M31.1M32.6M
Short Long Term Debt20M50.0M30.7M0.05.0M4.8M
Total Current Assets474.1M607.8M713.0M860.7M1.2B665.6M
Intangible Assets36.8M34.2M26.1M22.0M36.8M30.1M
Common Stock121.3M131.5M139.6M182.3M209.7M124.4M
Property Plant Equipment114.2M56.8M118.1M96.5M111.0M104.0M
Common Stock Shares Outstanding121.3M131.5M139.6M182.3M237.5M153.8M
Net Invested Capital947.0M1.0B1.1B1.2B1.6B1.1B
Net Working Capital305.2M471.0M561.9M697.4M1.0B554.4M
Capital Stock121.3M131.5M139.6M182.3M249.8M169.5M

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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.