KEI Cash And Short Term Investments vs Total Stockholder Equity Analysis

KEI Stock   4,343  23.20  0.54%   
KEI Industries financial indicator trend analysis is infinitely more than just investigating KEI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KEI Industries is a good investment. Please check the relationship between KEI Industries Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KEI Industries Limited. 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.

Cash And Short Term Investments vs Total Stockholder Equity

Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEI Industries Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KEI Industries' Cash And Short Term Investments and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of KEI Industries Limited, assuming nothing else is changed. The correlation between historical values of KEI Industries' Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of KEI Industries Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., KEI Industries' Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of KEI Industries balance sheet. This account contains KEI Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by KEI Industries Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from KEI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KEI Industries 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 KEI Industries Limited. 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 Selling General Administrative is expected to grow to about 2.9 B, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense206.1M347.1M308.8M293.4M
Depreciation And Amortization492.5M493.5M613.6M582.9M

KEI Industries fundamental ratios Correlations

-0.40.880.590.970.84-0.730.770.880.960.770.920.770.88-0.70.99-0.190.90.561.00.83-0.540.450.480.960.68
-0.4-0.590.25-0.56-0.250.89-0.1-0.62-0.4-0.53-0.58-0.1-0.490.45-0.43-0.18-0.560.33-0.4-0.170.90.480.05-0.550.23
0.88-0.590.250.940.67-0.860.440.950.850.830.930.570.88-0.720.92-0.240.820.180.870.65-0.660.070.550.950.35
0.590.250.250.390.730.030.90.170.540.140.30.770.37-0.450.53-0.020.390.990.60.710.10.80.360.360.82
0.97-0.560.940.390.78-0.860.630.960.930.820.970.690.93-0.710.98-0.220.930.340.970.77-0.670.250.440.990.51
0.84-0.250.670.730.78-0.530.840.650.810.570.70.840.76-0.650.81-0.10.740.670.830.85-0.370.440.410.760.67
-0.730.89-0.860.03-0.86-0.53-0.31-0.91-0.71-0.78-0.88-0.37-0.770.57-0.760.06-0.790.09-0.72-0.440.880.2-0.24-0.86-0.09
0.77-0.10.440.90.630.84-0.310.430.70.340.560.850.57-0.560.72-0.080.670.870.780.81-0.270.660.240.590.76
0.88-0.620.950.170.960.65-0.910.430.870.870.980.520.85-0.570.91-0.250.830.120.870.58-0.690.080.450.970.36
0.96-0.40.850.540.930.81-0.710.70.870.850.910.650.79-0.670.95-0.10.80.520.950.74-0.520.390.460.940.64
0.77-0.530.830.140.820.57-0.780.340.870.850.850.310.67-0.530.78-0.040.650.110.740.47-0.66-0.020.360.860.32
0.92-0.580.930.30.970.7-0.880.560.980.910.850.590.84-0.570.94-0.230.840.270.920.61-0.680.190.480.980.46
0.77-0.10.570.770.690.84-0.370.850.520.650.310.590.75-0.650.73-0.40.740.710.790.83-0.210.580.360.650.63
0.88-0.490.880.370.930.76-0.770.570.850.790.670.840.75-0.70.89-0.280.940.290.890.82-0.590.250.480.90.49
-0.70.45-0.72-0.45-0.71-0.650.57-0.56-0.57-0.67-0.53-0.57-0.65-0.7-0.730.03-0.73-0.32-0.7-0.740.59-0.04-0.21-0.67-0.2
0.99-0.430.920.530.980.81-0.760.720.910.950.780.940.730.89-0.73-0.210.90.480.990.82-0.580.380.490.970.61
-0.19-0.18-0.24-0.02-0.22-0.10.06-0.08-0.25-0.1-0.04-0.23-0.4-0.280.03-0.21-0.24-0.02-0.21-0.2-0.04-0.14-0.13-0.21-0.07
0.9-0.560.820.390.930.74-0.790.670.830.80.650.840.740.94-0.730.9-0.240.320.910.83-0.680.260.220.880.44
0.560.330.180.990.340.670.090.870.120.520.110.270.710.29-0.320.48-0.020.320.560.640.190.870.370.320.86
1.0-0.40.870.60.970.83-0.720.780.870.950.740.920.790.89-0.70.99-0.210.910.560.84-0.540.460.490.950.68
0.83-0.170.650.710.770.85-0.440.810.580.740.470.610.830.82-0.740.82-0.20.830.640.84-0.360.530.330.720.69
-0.540.9-0.660.1-0.67-0.370.88-0.27-0.69-0.52-0.66-0.68-0.21-0.590.59-0.58-0.04-0.680.19-0.54-0.360.41-0.01-0.660.1
0.450.480.070.80.250.440.20.660.080.39-0.020.190.580.25-0.040.38-0.140.260.870.460.530.410.340.230.89
0.480.050.550.360.440.41-0.240.240.450.460.360.480.360.48-0.210.49-0.130.220.370.490.33-0.010.340.50.57
0.96-0.550.950.360.990.76-0.860.590.970.940.860.980.650.9-0.670.97-0.210.880.320.950.72-0.660.230.50.51
0.680.230.350.820.510.67-0.090.760.360.640.320.460.630.49-0.20.61-0.070.440.860.680.690.10.890.570.51
Click cells to compare fundamentals

KEI Industries Account Relationship Matchups

KEI Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.7B30.1B35.3B37.7B46.6B48.9B
Short Long Term Debt Total3.8B3.3B3.6B1.6B1.7B1.6B
Other Current Liab474.6M1.2B2.4B2.3B2.8B3.0B
Total Current Liabilities16.5B11.4B13.3B11.2B14.3B10.1B
Total Stockholder Equity15.1B17.7B21.4B25.9B31.5B33.1B
Property Plant And Equipment Net5.6B5.4B5.5B5.8B8.9B4.5B
Net Debt2.6B1.1B(36.4M)(3.2B)(5.0B)(4.7B)
Accounts Payable11.7B7.4B7.6B7.5B10.1B6.9B
Cash1.2B2.2B3.6B4.8B6.7B7.0B
Non Current Assets Total5.8B5.7B5.7B6.1B9.6B10.1B
Non Currrent Assets Other32.8M228.6M165.6M256.7M661.9M694.9M
Cash And Short Term Investments2.1B2.2B3.6B4.8B7.0B7.3B
Net Receivables14.5B13.7B14.2B14.0B15.3B8.3B
Common Stock Shares Outstanding82.2M90.6M91.2M90.3M90.4M89.0M
Liabilities And Stockholders Equity32.7B30.1B35.3B37.7B46.6B48.9B
Non Current Liabilities Total1.1B923.7M588.9M634.4M768.5M730.1M
Inventory8.6B7.6B10.8B11.0B13.4B14.1B
Other Current Assets2.5B862.0M1.1B1.8B1.6B2.0B
Other Stockholder Equity5.8B6.0B6.1B6.1B6.2B6.5B
Total Liab17.6B12.3B13.9B11.8B15.1B12.3B
Total Current Assets26.9B24.4B29.6B31.6B37.0B38.8B
Accumulated Other Comprehensive Income(1.4B)119.4M80.0M76.2M123.1M129.3M
Common Stock179.0M179.7M180.2M180.4M180.5M166.5M
Short Term Debt3.2B2.8B3.3B1.4B1.4B1.3B
Intangible Assets29.2M17.9M20.7M16.9M15.4M19.9M
Current Deferred Revenue(3.2B)335.3M2.0B1.9B1.5B1.6B
Retained Earnings9.0B11.5B15.0B19.5B25.0B26.2B
Other Liab526.8M419.0M385.7M382.1M439.5M419.9M
Net Tangible Assets7.8B15.0B17.8B21.3B24.5B25.8B
Other Assets175.0M228.6M200K147.1M169.1M109.6M
Short Term Investments948.4M10.2M7.1M727.6M2.6M2.4M
Short Long Term Debt3.1B2.5B3.3B1.4B1.3B2.6B
Property Plant Equipment5.6B5.4B5.5B5.8B6.7B5.0B
Long Term Debt Total673.2M313.5M206.7M219.2M197.2M187.4M
Capital Surpluse5.8B6.0B6.1B6.1B7.0B3.7B
Capital Lease Obligations195.0M281.1M240.1M265.7M320.0M193.5M
Cash And Equivalents1.1B1.8B1.8B4.8B5.5B5.8B
Net Invested Capital18.7B20.6B24.7B27.2B32.8B23.9B

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Other Information on Investing in KEI Stock

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

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