KBL Free Cash Flow Yield vs Price To Sales Ratio Analysis

KBL Stock  CAD 39.26  0.51  1.28%   
K Bro financial indicator trend analysis is infinitely more than just investigating K Bro Linen recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether K Bro Linen is a good investment. Please check the relationship between K Bro Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K Bro Linen. 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of K Bro Linen Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between K Bro's Free Cash Flow Yield and Price To Sales Ratio is -0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of K Bro Linen, assuming nothing else is changed. The correlation between historical values of K Bro's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of K Bro Linen are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., K Bro's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing K Bro Linen stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on K Bro sales, a figure that is much harder to manipulate than other K Bro Linen multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from K Bro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into K Bro Linen 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K Bro Linen. 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.
As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.64, while Selling General Administrative is likely to drop about 98.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit187.0M234.4M114.5M140.2M
Total Revenue224.0M276.6M320.9M171.3M

K Bro fundamental ratios Correlations

0.830.660.810.960.990.82-0.620.91-0.451.0-0.070.810.960.850.250.86-0.410.850.770.84-0.21-0.30.970.990.99
0.830.790.950.720.821.0-0.850.72-0.570.830.00.930.821.00.510.95-0.380.990.940.94-0.16-0.360.840.80.82
0.660.790.670.490.620.78-0.60.5-0.360.650.10.650.570.780.360.65-0.130.760.640.660.07-0.360.690.630.6
0.810.950.670.730.770.94-0.830.81-0.50.790.010.980.810.960.660.97-0.50.970.960.99-0.22-0.190.840.80.81
0.960.720.490.730.970.7-0.460.9-0.340.97-0.090.740.930.750.20.8-0.450.750.680.78-0.24-0.20.910.960.97
0.990.820.620.770.970.81-0.590.87-0.441.0-0.140.770.960.830.20.85-0.410.820.750.8-0.26-0.330.940.970.98
0.821.00.780.940.70.81-0.860.7-0.590.82-0.050.920.820.990.490.94-0.380.990.930.92-0.19-0.380.820.780.8
-0.62-0.85-0.6-0.83-0.46-0.59-0.86-0.570.64-0.6-0.07-0.78-0.66-0.83-0.39-0.820.3-0.83-0.88-0.790.220.39-0.65-0.61-0.62
0.910.720.50.810.90.870.7-0.57-0.360.89-0.040.830.880.750.430.82-0.50.770.760.84-0.230.010.930.930.91
-0.45-0.57-0.36-0.5-0.34-0.44-0.590.64-0.36-0.450.31-0.45-0.45-0.57-0.13-0.46-0.05-0.56-0.51-0.46-0.170.48-0.46-0.44-0.47
1.00.830.650.790.971.00.82-0.60.89-0.45-0.10.790.960.840.220.85-0.40.840.750.82-0.2-0.320.960.980.98
-0.070.00.10.01-0.09-0.14-0.05-0.07-0.040.31-0.1-0.01-0.15-0.01-0.070.00.020.0-0.060.060.30.020.05-0.05-0.06
0.810.930.650.980.740.770.92-0.780.83-0.450.79-0.010.840.940.620.96-0.610.950.940.98-0.32-0.140.840.780.8
0.960.820.570.810.930.960.82-0.660.88-0.450.96-0.150.840.830.220.87-0.60.830.780.83-0.42-0.340.920.920.93
0.851.00.780.960.750.830.99-0.830.75-0.570.84-0.010.940.830.520.96-0.381.00.930.95-0.14-0.320.860.820.84
0.250.510.360.660.20.20.49-0.390.43-0.130.22-0.070.620.220.520.52-0.290.560.590.62-0.030.370.340.290.27
0.860.950.650.970.80.850.94-0.820.82-0.460.850.00.960.870.960.52-0.490.970.950.97-0.29-0.240.860.850.87
-0.41-0.38-0.13-0.5-0.45-0.41-0.380.3-0.5-0.05-0.40.02-0.61-0.6-0.38-0.29-0.49-0.41-0.43-0.50.780.04-0.43-0.35-0.35
0.850.990.760.970.750.820.99-0.830.77-0.560.840.00.950.831.00.560.97-0.410.950.97-0.16-0.290.860.820.84
0.770.940.640.960.680.750.93-0.880.76-0.510.75-0.060.940.780.930.590.95-0.430.950.95-0.31-0.190.770.760.78
0.840.940.660.990.780.80.92-0.790.84-0.460.820.060.980.830.950.620.97-0.50.970.95-0.22-0.140.860.830.85
-0.21-0.160.07-0.22-0.24-0.26-0.190.22-0.23-0.17-0.20.3-0.32-0.42-0.14-0.03-0.290.78-0.16-0.31-0.220.05-0.11-0.15-0.15
-0.3-0.36-0.36-0.19-0.2-0.33-0.380.390.010.48-0.320.02-0.14-0.34-0.320.37-0.240.04-0.29-0.19-0.140.05-0.26-0.23-0.25
0.970.840.690.840.910.940.82-0.650.93-0.460.960.050.840.920.860.340.86-0.430.860.770.86-0.11-0.260.970.95
0.990.80.630.80.960.970.78-0.610.93-0.440.98-0.050.780.920.820.290.85-0.350.820.760.83-0.15-0.230.970.99
0.990.820.60.810.970.980.8-0.620.91-0.470.98-0.060.80.930.840.270.87-0.350.840.780.85-0.15-0.250.950.99
Click cells to compare fundamentals

K Bro Account Relationship Matchups

K Bro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets352.1M323.8M332.5M325.8M364.7M204.7M
Short Long Term Debt Total109.3M86.7M94.9M98.8M123.5M129.7M
Other Current Liab5.7M2.0M1.8M3.1M5.2M2.9M
Total Current Liabilities39.6M38.8M43.5M43.5M57.5M60.4M
Total Stockholder Equity196.1M189.5M186.4M176.5M174.4M126.9M
Property Plant And Equipment Net226.3M208.7M213.5M203.2M206.8M115.6M
Net Debt104.0M84.2M93.8M96.2M117.7M123.6M
Retained Earnings(10.1M)(19.1M)(23.2M)(32.2M)(27.5M)(26.1M)
Accounts Payable24.1M24.6M30.1M30.7M38.2M22.7M
Cash5.3M2.4M1.1M2.6M5.9M3.6M
Non Current Assets Total281.5M257.1M258.7M245.7M265.1M157.9M
Cash And Short Term Investments5.3M2.4M1.1M2.6M5.9M6.1M
Net Receivables34.9M28.5M36.8M39.7M50.3M52.8M
Common Stock Shares Outstanding10.6M10.6M10.7M10.7M10.7M8.9M
Liabilities And Stockholders Equity352.1M323.8M332.5M325.8M364.7M204.7M
Non Current Liabilities Total116.5M95.6M102.6M105.7M132.8M139.4M
Inventory4.3M4.2M4.5M6.4M35.3M37.1M
Other Current Assets30.4M35.8M35.8M38.5M43.4M45.6M
Other Stockholder Equity2.2M2.3M2.3M2.3M(4.3M)(4.1M)
Total Liab156.0M134.3M146.1M149.2M190.3M199.8M
Property Plant And Equipment Gross226.3M208.7M366.1M378.6M407.9M428.3M
Total Current Assets70.6M66.7M73.8M80.1M99.6M104.6M
Accumulated Other Comprehensive Income778K1.4M636K(2.0M)(167K)(175.4K)
Intangible Assets13.7M10.0M7.0M4.4M9.4M10.0M
Non Currrent Assets Other(281.5M)(257.1M)(258.7M)696K626.4K657.7K
Good Will41.5M38.5M38.2M37.4M48.9M29.9M
Common Stock Total Equity199.8M201.4M203.1M204.9M235.6M131.9M
Common Stock203.1M204.9M206.7M208.5M206.5M149.9M
Other Liab15.4M17.2M16.9M16.5M19.0M13.4M
Net Tangible Assets140.9M141.0M141.2M134.7M155.0M126.5M
Long Term Debt62.5M40.7M38.0M45.2M70.2M45.9M
Short Term Debt8.3M8.3M9.2M9.6M12.0M11.0M
Property Plant Equipment226.3M208.7M213.5M203.2M233.7M169.8M
Long Term Debt Total101.0M78.4M85.7M89.2M102.6M68.1M
Capital Surpluse2.2M2.3M2.3M2.3M2.7M2.3M
Net Invested Capital258.5M230.2M224.4M221.7M244.7M193.5M
Cash And Equivalents5.3M2.4M1.1M2.6M2.4M3.4M
Net Working Capital31.0M27.9M30.3M36.6M42.1M36.9M
Capital Stock203.1M204.9M206.7M208.5M206.5M225.7M

Pair Trading with K Bro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if K Bro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in K Bro will appreciate offsetting losses from the drop in the long position's value.

Moving together with KBL Stock

  0.82WMT Walmart Inc CDRPairCorr
  0.69AMZN Amazon CDRPairCorr
  0.63AAPL Apple Inc CDRPairCorr

Moving against KBL Stock

  0.33XOM EXXON MOBIL CDRPairCorr
The ability to find closely correlated positions to K Bro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K Bro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back K Bro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling K Bro Linen to buy it.
The correlation of K Bro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as K Bro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K Bro Linen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for K Bro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in KBL Stock

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