Kangping Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangping Technology Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kangping Technology's Retained Earnings and Cash is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Kangping Technology Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Kangping Technology's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Cash

Cash refers to the most liquid asset of Kangping Technology, which is listed under current asset account on Kangping Technology Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kangping Technology customers. The amounts must be unrestricted with restricted cash listed in a different Kangping Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expense5.3M5.7M3.3M3.9M
Interest Income1.6M1.1M2.9M1.7M

Kangping Technology fundamental ratios Correlations

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-0.75-0.62-0.82-0.91-0.54-0.42-0.830.89-0.76-0.9-0.86-0.58-0.59-0.22-0.63-0.82-0.66-0.69-0.86-0.77-0.73-0.66-0.750.94-0.11
0.98-0.620.940.830.970.850.91-0.390.930.840.910.640.990.731.00.960.870.970.910.930.870.310.86-0.70.52
0.99-0.820.940.970.920.840.93-0.580.970.920.980.710.930.680.950.990.810.980.980.920.960.440.83-0.80.4
0.92-0.910.830.970.810.750.88-0.720.930.910.970.650.810.540.840.940.710.910.970.850.940.570.75-0.840.21
0.95-0.540.970.920.810.940.8-0.30.890.730.860.640.970.810.970.90.730.980.860.830.920.20.73-0.570.45
0.85-0.420.850.840.750.940.62-0.130.830.570.750.630.860.90.850.780.50.910.750.630.920.080.49-0.350.39
0.94-0.830.910.930.880.80.62-0.630.930.980.950.640.890.490.910.970.960.880.950.990.780.530.96-0.90.48
-0.50.89-0.39-0.58-0.72-0.3-0.13-0.63-0.5-0.71-0.68-0.21-0.330.17-0.39-0.58-0.5-0.44-0.68-0.61-0.47-0.79-0.580.890.26
0.97-0.760.930.970.930.890.830.93-0.50.920.970.640.90.670.930.970.830.950.970.90.910.490.79-0.740.43
0.9-0.90.840.920.910.730.570.98-0.710.920.950.650.820.430.850.950.910.840.950.950.780.590.92-0.930.42
0.96-0.860.910.980.970.860.750.95-0.680.970.950.590.880.530.910.980.850.941.00.940.90.60.84-0.860.29
0.71-0.580.640.710.650.640.630.64-0.210.640.650.590.720.770.680.70.50.710.590.570.74-0.180.68-0.50.73
0.97-0.590.990.930.810.970.860.89-0.330.90.820.880.720.791.00.940.840.970.880.90.880.190.85-0.660.59
0.72-0.220.730.680.540.810.90.490.170.670.430.530.770.790.750.640.40.770.530.480.78-0.280.44-0.150.68
0.98-0.631.00.950.840.970.850.91-0.390.930.850.910.681.00.750.960.870.980.910.930.880.290.86-0.70.54
0.99-0.820.960.990.940.90.780.97-0.580.970.950.980.70.940.640.960.880.970.980.960.910.460.89-0.840.46
0.85-0.660.870.810.710.730.50.96-0.50.830.910.850.50.840.40.870.880.780.850.970.610.490.95-0.820.54
0.99-0.690.970.980.910.980.910.88-0.440.950.840.940.710.970.770.980.970.780.940.880.960.310.8-0.690.45
0.96-0.860.910.980.970.860.750.95-0.680.970.951.00.590.880.530.910.980.850.940.940.90.60.84-0.860.29
0.93-0.770.930.920.850.830.630.99-0.610.90.950.940.570.90.480.930.960.970.880.940.760.520.95-0.880.45
0.94-0.730.870.960.940.920.920.78-0.470.910.780.90.740.880.780.880.910.610.960.90.760.290.66-0.630.33
0.38-0.660.310.440.570.20.080.53-0.790.490.590.6-0.180.19-0.280.290.460.490.310.60.520.290.36-0.67-0.39
0.86-0.750.860.830.750.730.490.96-0.580.790.920.840.680.850.440.860.890.950.80.840.950.660.36-0.880.58
-0.770.94-0.7-0.8-0.84-0.57-0.35-0.90.89-0.74-0.93-0.86-0.5-0.66-0.15-0.7-0.84-0.82-0.69-0.86-0.88-0.63-0.67-0.88-0.18
0.47-0.110.520.40.210.450.390.480.260.430.420.290.730.590.680.540.460.540.450.290.450.33-0.390.58-0.18
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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.