King-Strong Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of King Strong New Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between King-Strong New's Total Assets and Total Current Liabilities is 0.05. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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 Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of King Strong New Material are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., King-Strong New's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of King-Strong New assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in King Strong New books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on King-Strong New balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of King Strong New Material are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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.