KBL Price To Sales Ratio vs Pb 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 Price To Sales Ratio and its Pb 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.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of K Bro Linen Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between K Bro's Price To Sales Ratio and Pb Ratio is 0.7. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb 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 Price To Sales Ratio and Pb 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 Price To Sales Ratio of K Bro Linen are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., K Bro's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Pb Ratio
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 Profit | 187.0M | 234.4M | 114.5M | 140.2M | Total Revenue | 224.0M | 276.6M | 320.9M | 171.3M |
K Bro fundamental ratios Correlations
Click cells to compare fundamentals
K Bro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
K Bro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 352.1M | 323.8M | 332.5M | 325.8M | 364.7M | 204.7M | |
Short Long Term Debt Total | 109.3M | 86.7M | 94.9M | 98.8M | 123.5M | 129.7M | |
Other Current Liab | 5.7M | 2.0M | 1.8M | 3.1M | 5.2M | 2.9M | |
Total Current Liabilities | 39.6M | 38.8M | 43.5M | 43.5M | 57.5M | 60.4M | |
Total Stockholder Equity | 196.1M | 189.5M | 186.4M | 176.5M | 174.4M | 126.9M | |
Property Plant And Equipment Net | 226.3M | 208.7M | 213.5M | 203.2M | 206.8M | 115.6M | |
Net Debt | 104.0M | 84.2M | 93.8M | 96.2M | 117.7M | 123.6M | |
Retained Earnings | (10.1M) | (19.1M) | (23.2M) | (32.2M) | (27.5M) | (26.1M) | |
Accounts Payable | 24.1M | 24.6M | 30.1M | 30.7M | 38.2M | 22.7M | |
Cash | 5.3M | 2.4M | 1.1M | 2.6M | 5.9M | 3.6M | |
Non Current Assets Total | 281.5M | 257.1M | 258.7M | 245.7M | 265.1M | 157.9M | |
Cash And Short Term Investments | 5.3M | 2.4M | 1.1M | 2.6M | 5.9M | 6.1M | |
Net Receivables | 34.9M | 28.5M | 36.8M | 39.7M | 50.3M | 52.8M | |
Common Stock Shares Outstanding | 10.6M | 10.6M | 10.7M | 10.7M | 10.7M | 8.9M | |
Liabilities And Stockholders Equity | 352.1M | 323.8M | 332.5M | 325.8M | 364.7M | 204.7M | |
Non Current Liabilities Total | 116.5M | 95.6M | 102.6M | 105.7M | 132.8M | 139.4M | |
Inventory | 4.3M | 4.2M | 4.5M | 6.4M | 35.3M | 37.1M | |
Other Current Assets | 30.4M | 35.8M | 35.8M | 38.5M | 43.4M | 45.6M | |
Other Stockholder Equity | 2.2M | 2.3M | 2.3M | 2.3M | (4.3M) | (4.1M) | |
Total Liab | 156.0M | 134.3M | 146.1M | 149.2M | 190.3M | 199.8M | |
Property Plant And Equipment Gross | 226.3M | 208.7M | 366.1M | 378.6M | 407.9M | 428.3M | |
Total Current Assets | 70.6M | 66.7M | 73.8M | 80.1M | 99.6M | 104.6M | |
Accumulated Other Comprehensive Income | 778K | 1.4M | 636K | (2.0M) | (167K) | (175.4K) | |
Intangible Assets | 13.7M | 10.0M | 7.0M | 4.4M | 9.4M | 10.0M | |
Non Currrent Assets Other | (281.5M) | (257.1M) | (258.7M) | 696K | 626.4K | 657.7K | |
Good Will | 41.5M | 38.5M | 38.2M | 37.4M | 48.9M | 29.9M | |
Common Stock Total Equity | 199.8M | 201.4M | 203.1M | 204.9M | 235.6M | 131.9M | |
Common Stock | 203.1M | 204.9M | 206.7M | 208.5M | 206.5M | 149.9M | |
Other Liab | 15.4M | 17.2M | 16.9M | 16.5M | 19.0M | 13.4M | |
Net Tangible Assets | 140.9M | 141.0M | 141.2M | 134.7M | 155.0M | 126.5M | |
Long Term Debt | 62.5M | 40.7M | 38.0M | 45.2M | 70.2M | 45.9M | |
Short Term Debt | 8.3M | 8.3M | 9.2M | 9.6M | 12.0M | 11.0M | |
Property Plant Equipment | 226.3M | 208.7M | 213.5M | 203.2M | 233.7M | 169.8M | |
Long Term Debt Total | 101.0M | 78.4M | 85.7M | 89.2M | 102.6M | 68.1M | |
Capital Surpluse | 2.2M | 2.3M | 2.3M | 2.3M | 2.7M | 2.3M | |
Net Invested Capital | 258.5M | 230.2M | 224.4M | 221.7M | 244.7M | 193.5M | |
Cash And Equivalents | 5.3M | 2.4M | 1.1M | 2.6M | 2.4M | 3.4M | |
Net Working Capital | 31.0M | 27.9M | 30.3M | 36.6M | 42.1M | 36.9M | |
Capital Stock | 203.1M | 204.9M | 206.7M | 208.5M | 206.5M | 225.7M |
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
Moving against KBL Stock
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.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.