Kangping Intangible Assets vs Net Invested Capital Analysis

300907 Stock

23.80 0.26 1.08%

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

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangping Technology Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Kangping Technology's Intangible Assets and Net Invested Capital is 0.46. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Kangping Technology Co, assuming nothing else is changed. The correlation between historical values of Kangping Technology's Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Kangping Technology Co are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Kangping Technology's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Kangping Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kangping 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 Kangping Technology 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.

The current year's Tax Provision is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 30.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	5.3M	5.7M	3.3M	3.9M
Interest Income	1.6M	1.1M	2.9M	1.7M

Interest Expense Interest Income

Kangping Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.75	0.98	0.99	0.92	0.95	0.85	0.94	-0.5	0.97	0.9	0.96	0.71	0.97	0.72	0.98	0.99	0.85	0.99	0.96	0.93	0.94	0.38	0.86	-0.77	0.47
Other Current Liab	-0.75		-0.62	-0.82	-0.91	-0.54	-0.42	-0.83	0.89	-0.76	-0.9	-0.86	-0.58	-0.59	-0.22	-0.63	-0.82	-0.66	-0.69	-0.86	-0.77	-0.73	-0.66	-0.75	0.94	-0.11
Total Current Liabilities	0.98	-0.62		0.94	0.83	0.97	0.85	0.91	-0.39	0.93	0.84	0.91	0.64	0.99	0.73	1.0	0.96	0.87	0.97	0.91	0.93	0.87	0.31	0.86	-0.7	0.52
Total Stockholder Equity	0.99	-0.82	0.94		0.97	0.92	0.84	0.93	-0.58	0.97	0.92	0.98	0.71	0.93	0.68	0.95	0.99	0.81	0.98	0.98	0.92	0.96	0.44	0.83	-0.8	0.4
Retained Earnings	0.92	-0.91	0.83	0.97		0.81	0.75	0.88	-0.72	0.93	0.91	0.97	0.65	0.81	0.54	0.84	0.94	0.71	0.91	0.97	0.85	0.94	0.57	0.75	-0.84	0.21
Accounts Payable	0.95	-0.54	0.97	0.92	0.81		0.94	0.8	-0.3	0.89	0.73	0.86	0.64	0.97	0.81	0.97	0.9	0.73	0.98	0.86	0.83	0.92	0.2	0.73	-0.57	0.45
Cash	0.85	-0.42	0.85	0.84	0.75	0.94		0.62	-0.13	0.83	0.57	0.75	0.63	0.86	0.9	0.85	0.78	0.5	0.91	0.75	0.63	0.92	0.08	0.49	-0.35	0.39
Non Current Assets Total	0.94	-0.83	0.91	0.93	0.88	0.8	0.62		-0.63	0.93	0.98	0.95	0.64	0.89	0.49	0.91	0.97	0.96	0.88	0.95	0.99	0.78	0.53	0.96	-0.9	0.48
Non Currrent Assets Other	-0.5	0.89	-0.39	-0.58	-0.72	-0.3	-0.13	-0.63		-0.5	-0.71	-0.68	-0.21	-0.33	0.17	-0.39	-0.58	-0.5	-0.44	-0.68	-0.61	-0.47	-0.79	-0.58	0.89	0.26
Long Term Debt	0.97	-0.76	0.93	0.97	0.93	0.89	0.83	0.93	-0.5		0.92	0.97	0.64	0.9	0.67	0.93	0.97	0.83	0.95	0.97	0.9	0.91	0.49	0.79	-0.74	0.43
Net Receivables	0.9	-0.9	0.84	0.92	0.91	0.73	0.57	0.98	-0.71	0.92		0.95	0.65	0.82	0.43	0.85	0.95	0.91	0.84	0.95	0.95	0.78	0.59	0.92	-0.93	0.42
Common Stock Shares Outstanding	0.96	-0.86	0.91	0.98	0.97	0.86	0.75	0.95	-0.68	0.97	0.95		0.59	0.88	0.53	0.91	0.98	0.85	0.94	1.0	0.94	0.9	0.6	0.84	-0.86	0.29
Non Current Liabilities Total	0.71	-0.58	0.64	0.71	0.65	0.64	0.63	0.64	-0.21	0.64	0.65	0.59		0.72	0.77	0.68	0.7	0.5	0.71	0.59	0.57	0.74	-0.18	0.68	-0.5	0.73
Inventory	0.97	-0.59	0.99	0.93	0.81	0.97	0.86	0.89	-0.33	0.9	0.82	0.88	0.72		0.79	1.0	0.94	0.84	0.97	0.88	0.9	0.88	0.19	0.85	-0.66	0.59
Other Current Assets	0.72	-0.22	0.73	0.68	0.54	0.81	0.9	0.49	0.17	0.67	0.43	0.53	0.77	0.79		0.75	0.64	0.4	0.77	0.53	0.48	0.78	-0.28	0.44	-0.15	0.68
Total Liab	0.98	-0.63	1.0	0.95	0.84	0.97	0.85	0.91	-0.39	0.93	0.85	0.91	0.68	1.0	0.75		0.96	0.87	0.98	0.91	0.93	0.88	0.29	0.86	-0.7	0.54
Net Invested Capital	0.99	-0.82	0.96	0.99	0.94	0.9	0.78	0.97	-0.58	0.97	0.95	0.98	0.7	0.94	0.64	0.96		0.88	0.97	0.98	0.96	0.91	0.46	0.89	-0.84	0.46
Short Long Term Debt	0.85	-0.66	0.87	0.81	0.71	0.73	0.5	0.96	-0.5	0.83	0.91	0.85	0.5	0.84	0.4	0.87	0.88		0.78	0.85	0.97	0.61	0.49	0.95	-0.82	0.54
Total Current Assets	0.99	-0.69	0.97	0.98	0.91	0.98	0.91	0.88	-0.44	0.95	0.84	0.94	0.71	0.97	0.77	0.98	0.97	0.78		0.94	0.88	0.96	0.31	0.8	-0.69	0.45
Capital Stock	0.96	-0.86	0.91	0.98	0.97	0.86	0.75	0.95	-0.68	0.97	0.95	1.0	0.59	0.88	0.53	0.91	0.98	0.85	0.94		0.94	0.9	0.6	0.84	-0.86	0.29
Non Current Liabilities Other	0.93	-0.77	0.93	0.92	0.85	0.83	0.63	0.99	-0.61	0.9	0.95	0.94	0.57	0.9	0.48	0.93	0.96	0.97	0.88	0.94		0.76	0.52	0.95	-0.88	0.45
Net Working Capital	0.94	-0.73	0.87	0.96	0.94	0.92	0.92	0.78	-0.47	0.91	0.78	0.9	0.74	0.88	0.78	0.88	0.91	0.61	0.96	0.9	0.76		0.29	0.66	-0.63	0.33
Intangible Assets	0.38	-0.66	0.31	0.44	0.57	0.2	0.08	0.53	-0.79	0.49	0.59	0.6	-0.18	0.19	-0.28	0.29	0.46	0.49	0.31	0.6	0.52	0.29		0.36	-0.67	-0.39
Property Plant And Equipment Net	0.86	-0.75	0.86	0.83	0.75	0.73	0.49	0.96	-0.58	0.79	0.92	0.84	0.68	0.85	0.44	0.86	0.89	0.95	0.8	0.84	0.95	0.66	0.36		-0.88	0.58
Capital Lease Obligations	-0.77	0.94	-0.7	-0.8	-0.84	-0.57	-0.35	-0.9	0.89	-0.74	-0.93	-0.86	-0.5	-0.66	-0.15	-0.7	-0.84	-0.82	-0.69	-0.86	-0.88	-0.63	-0.67	-0.88		-0.18
Property Plant And Equipment Gross	0.47	-0.11	0.52	0.4	0.21	0.45	0.39	0.48	0.26	0.43	0.42	0.29	0.73	0.59	0.68	0.54	0.46	0.54	0.45	0.29	0.45	0.33	-0.39	0.58	-0.18

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Kangping Technology Account Relationship Matchups

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Other Information on Investing in Kangping Stock

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

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Kangping Intangible Assets vs Net Invested Capital Analysis

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Invested Capital

Kangping Technology fundamental ratios Correlations

Kangping Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Kangping Stock

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 1.0	Inventory
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Capital Lease Obligations	- 0.93	Net Receivables
Retained Earnings	- 0.91	Other Current Liab
Capital Lease Obligations	- 0.9	Non Current Assets Total
Net Receivables	- 0.9	Other Current Liab
Capital Lease Obligations	- 0.88	Property Plant And Equipment Net
Capital Lease Obligations	- 0.88	Non Current Liabilities Other