Kimball Common Stock vs Good Will Analysis

KE Stock  USD 19.61  0.20  1.03%   
Kimball Electronics financial indicator trend analysis is infinitely more than just investigating Kimball Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimball Electronics is a good investment. Please check the relationship between Kimball Electronics Common Stock and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.

Common Stock vs Good Will

Common Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimball Electronics Common Stock account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kimball Electronics' Common Stock and Good Will is 0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Kimball Electronics, assuming nothing else is changed. The correlation between historical values of Kimball Electronics' Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Kimball Electronics are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Kimball Electronics' Common Stock and Good Will go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Kimball Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimball Electronics 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 Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.As of December 1, 2024, Selling General Administrative is expected to decline to about 46.5 M. In addition to that, Tax Provision is expected to decline to about 4.5 M
 2021 2022 2023 2024 (projected)
Interest Expense2.7M16.3M22.8M24.0M
Depreciation And Amortization29.4M32.4M38.0M23.0M

Kimball Electronics fundamental ratios Correlations

-0.74-0.65-0.74-0.75-0.69-0.8-0.73-0.49-0.73-0.83-0.49-0.75-0.68-0.87-0.68-0.750.7-0.72-0.79-0.73-0.42-0.78-0.64-0.65-0.7
-0.740.90.980.980.980.820.920.530.990.670.530.980.680.860.960.68-0.330.990.831.00.480.770.780.960.96
-0.650.90.880.840.870.780.820.410.880.620.410.890.550.80.890.58-0.430.920.770.90.420.710.740.860.84
-0.740.980.880.950.950.790.980.490.950.590.490.970.740.810.970.59-0.340.980.80.990.540.780.820.910.91
-0.750.980.840.950.960.750.890.660.970.690.660.960.670.820.90.7-0.250.950.80.970.440.790.750.950.98
-0.690.980.870.950.960.840.870.470.990.70.470.950.560.860.940.73-0.310.980.860.980.320.670.730.990.97
-0.80.820.780.790.750.840.710.170.830.820.170.820.480.970.820.85-0.620.850.940.820.20.510.590.820.77
-0.730.920.820.980.890.870.710.440.860.490.440.90.780.730.950.48-0.320.920.740.930.590.780.840.80.81
-0.490.530.410.490.660.470.170.440.540.451.00.530.50.370.330.390.050.450.280.520.450.680.420.480.62
-0.730.990.880.950.970.990.830.860.540.720.540.970.630.870.930.71-0.360.980.840.980.410.750.760.980.98
-0.830.670.620.590.690.70.820.490.450.720.450.630.290.90.570.93-0.610.640.870.640.00.520.530.710.75
-0.490.530.410.490.660.470.170.441.00.540.450.530.50.370.330.390.050.450.280.520.450.680.420.480.62
-0.750.980.890.970.960.950.820.90.530.970.630.530.760.850.920.66-0.340.980.780.980.560.80.710.930.92
-0.680.680.550.740.670.560.480.780.50.630.290.50.760.520.630.24-0.330.680.380.70.910.860.60.50.52
-0.870.860.80.810.820.860.970.730.370.870.90.370.850.520.810.9-0.60.860.950.850.240.610.630.840.83
-0.680.960.890.970.90.940.820.950.330.930.570.330.920.630.810.58-0.350.970.840.960.420.680.820.90.87
-0.750.680.580.590.70.730.850.480.390.710.930.390.660.240.90.58-0.440.650.890.66-0.090.360.390.740.76
0.7-0.33-0.43-0.34-0.25-0.31-0.62-0.320.05-0.36-0.610.05-0.34-0.33-0.6-0.35-0.44-0.37-0.52-0.32-0.19-0.4-0.42-0.28-0.25
-0.720.990.920.980.950.980.850.920.450.980.640.450.980.680.860.970.65-0.370.830.990.480.750.780.960.93
-0.790.830.770.80.80.860.940.740.280.840.870.280.780.380.950.840.89-0.520.830.830.060.480.680.840.83
-0.731.00.90.990.970.980.820.930.520.980.640.520.980.70.850.960.66-0.320.990.830.490.770.780.950.95
-0.420.480.420.540.440.320.20.590.450.410.00.450.560.910.240.42-0.09-0.190.480.060.490.760.470.270.29
-0.780.770.710.780.790.670.510.780.680.750.520.680.80.860.610.680.36-0.40.750.480.770.760.720.650.7
-0.640.780.740.820.750.730.590.840.420.760.530.420.710.60.630.820.39-0.420.780.680.780.470.720.70.71
-0.650.960.860.910.950.990.820.80.480.980.710.480.930.50.840.90.74-0.280.960.840.950.270.650.70.98
-0.70.960.840.910.980.970.770.810.620.980.750.620.920.520.830.870.76-0.250.930.830.950.290.70.710.98
Click cells to compare fundamentals

Kimball Electronics Account Relationship Matchups

Kimball Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding25.4M25.3M25.2M25.1M25.3M21.8M
Total Assets774.8M814.1M1.0B1.3B1.2B773.4M
Other Current Liab35.1M39.4M55.6M66.7M65.9M35.4M
Total Current Liabilities272.6M300.8M408.7M475.1M375.3M275.1M
Total Stockholder Equity379.4M442.0M454.0M524.0M540.5M403.2M
Property Plant And Equipment Net154.5M163.3M206.8M267.7M269.7M168.4M
Net Debt53.1M(40.2M)130.7M238.5M216.9M227.7M
Accounts Payable203.7M216.5M308.6M322.3M213.6M203.3M
Cash65.0M106.4M49.9M43.0M78.0M56.6M
Non Current Assets Total216.4M230.7M274.7M330.3M360.9M218.7M
Non Currrent Assets Other30.5M38.4M41.1M38.3M82.1M86.2M
Cash And Short Term Investments65.0M106.4M49.9M43.0M78.0M56.6M
Net Receivables250.5M249.2M286.9M387.0M358.7M235.2M
Liabilities And Stockholders Equity774.8M814.1M1.0B1.3B1.2B773.4M
Non Current Liabilities Total122.9M71.3M173.1M260.6M292.1M306.7M
Inventory219.0M200.4M395.6M450.3M338.1M231.2M
Other Current Assets23.9M27.3M28.7M49.2M72.3M75.9M
Other Stockholder Equity237.7M237.9M233.4M239.0M241.7M201.7M
Total Liab395.5M372.1M581.8M735.7M667.5M370.3M
Property Plant And Equipment Gross154.5M163.3M478.0M560.9M579.2M608.1M
Total Current Assets558.4M583.4M761.1M929.4M847.0M554.7M
Accumulated Other Comprehensive Income(10.6M)(4.9M)(19.7M)(11.0M)(17.8M)(16.9M)
Intangible Assets19.3M17.0M14.7M12.3M3.0M2.8M
Other Liab30.2M31.3M28.1M23.0M26.4M22.0M
Other Assets28.5M38.4M69.8M35.7M41.0M30.3M
Property Plant Equipment156.6M163.3M206.8M267.7M307.8M163.0M
Net Tangible Assets348.0M413.0M427.3M499.6M574.6M391.7M
Retained Earnings152.2M209.0M240.2M296.1M316.6M163.1M
Short Long Term Debt26.6M26.2M35.6M46.5M59.8M62.8M
Short Term Debt26.6M26.2M35.6M46.5M59.8M62.8M
Common Stock369.9M379.4M442.0M454.0M522.1M548.2M
Retained Earnings Total Equity134.0M152.2M209.0M296.1M340.5M357.5M
Capital Surpluse305.9M306.8M308.1M315.5M362.8M335.9M
Treasury Stock(62.4M)(69.1M)(70.2M)(76.5M)(68.8M)(72.3M)
Non Current Liabilities Other21.6M22.5M20.2M19.7M53.9M56.6M
Short Long Term Debt Total118.1M66.2M180.6M281.5M294.8M309.6M
Current Deferred Revenue7.1M7.6M22.5M33.9M30.2M20.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimball Electronics. If investors know Kimball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimball Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.906
Earnings Share
0.5
Revenue Per Share
65.86
Quarterly Revenue Growth
0.15
Return On Assets
0.0358
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.