KEI Change In Cash vs Depreciation 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 Change In Cash and its Depreciation 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.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEI Industries Change In Cash account and Depreciation. At this time, the significance of the direction appears to have totally related.
Change In CashDepreciationChange In CashDepreciationDiversified Away100%
The correlation between KEI Industries' Change In Cash and Depreciation is 1.0. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation 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' Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of KEI Industries Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., KEI Industries' Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Change In Cash

Depreciation

Depreciation indicates how much of KEI Industries value has been used up. For tax purposes KEI Industries can deduct the cost of the tangible assets it purchases as business expenses. However, KEI Industries Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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

-0.320.880.610.960.97-0.690.950.730.90.960.890.810.14-0.250.990.550.890.561.0-0.240.770.860.710.870.46
-0.32-0.250.41-0.55-0.250.89-0.530.02-0.59-0.26-0.59-0.040.10.71-0.380.03-0.550.48-0.330.980.1-0.43-0.13-0.50.46
0.88-0.250.660.80.85-0.560.820.730.740.840.730.720.49-0.120.870.730.680.630.89-0.190.640.750.60.70.53
0.610.410.660.370.590.090.360.90.220.560.220.830.430.240.540.810.390.990.610.460.770.30.590.350.83
0.96-0.550.80.370.91-0.860.990.570.970.910.970.70.02-0.440.970.370.930.310.96-0.460.640.870.620.930.24
0.97-0.250.850.590.91-0.640.920.670.881.00.880.710.08-0.110.960.480.810.560.95-0.190.730.920.680.770.4
-0.690.89-0.560.09-0.86-0.64-0.86-0.24-0.9-0.65-0.89-0.350.080.66-0.74-0.12-0.790.16-0.70.83-0.25-0.74-0.36-0.780.19
0.95-0.530.820.360.990.92-0.860.530.990.920.980.660.05-0.410.970.360.890.30.95-0.450.610.90.610.90.23
0.730.020.730.90.570.67-0.240.530.40.650.40.910.390.00.670.870.630.870.740.060.80.430.70.530.66
0.9-0.590.740.220.970.88-0.90.990.40.881.00.56-0.05-0.460.930.220.850.170.89-0.510.510.90.510.870.1
0.96-0.260.840.560.911.0-0.650.920.650.880.880.690.07-0.110.950.460.80.540.94-0.210.720.930.670.760.37
0.89-0.590.730.220.970.88-0.890.980.41.00.880.54-0.06-0.450.920.210.840.160.89-0.510.50.910.510.860.09
0.81-0.040.720.830.70.71-0.350.660.910.560.690.540.25-0.170.760.70.770.770.820.050.870.480.690.760.66
0.140.10.490.430.020.080.080.050.39-0.050.07-0.060.250.130.090.72-0.080.430.150.10.09-0.030.3-0.010.36
-0.250.71-0.120.24-0.44-0.110.66-0.410.0-0.46-0.11-0.45-0.170.13-0.290.02-0.50.36-0.280.580.09-0.15-0.08-0.520.2
0.99-0.380.870.540.970.96-0.740.970.670.930.950.920.760.09-0.290.480.90.490.99-0.30.750.860.630.870.37
0.550.030.730.810.370.48-0.120.360.870.220.460.210.70.720.020.480.380.790.560.070.550.260.590.290.66
0.89-0.550.680.390.930.81-0.790.890.630.850.80.840.77-0.08-0.50.90.380.320.9-0.460.70.70.610.940.26
0.560.480.630.990.310.560.160.30.870.170.540.160.770.430.360.490.790.320.560.510.760.280.560.270.82
1.0-0.330.890.610.960.95-0.70.950.740.890.940.890.820.15-0.280.990.560.90.56-0.250.770.830.710.880.47
-0.240.98-0.190.46-0.46-0.190.83-0.450.06-0.51-0.21-0.510.050.10.58-0.30.07-0.460.51-0.250.14-0.4-0.08-0.40.52
0.770.10.640.770.640.73-0.250.610.80.510.720.50.870.090.090.750.550.70.760.770.140.480.570.670.51
0.86-0.430.750.30.870.92-0.740.90.430.90.930.910.48-0.03-0.150.860.260.70.280.83-0.40.480.590.690.21
0.71-0.130.60.590.620.68-0.360.610.70.510.670.510.690.3-0.080.630.590.610.560.71-0.080.570.590.560.55
0.87-0.50.70.350.930.77-0.780.90.530.870.760.860.76-0.01-0.520.870.290.940.270.88-0.40.670.690.560.24
0.460.460.530.830.240.40.190.230.660.10.370.090.660.360.20.370.660.260.820.470.520.510.210.550.24
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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 Liab1.7B1.2B2.4B2.3B2.8B3.0B
Total Current Liabilities16.5B11.4B13.3B11.2B14.3B9.8B
Total Stockholder Equity15.1B17.7B21.4B25.9B31.5B33.1B
Property Plant And Equipment Net5.6B5.4B5.5B5.8B8.9B9.3B
Net Debt2.6B1.1B(36.4M)(3.2B)(5.0B)(4.7B)
Retained Earnings9.0B11.5B15.0B19.5B25.0B26.2B
Accounts Payable11.7B7.4B7.6B7.5B10.1B5.4B
Cash1.2B2.2B3.6B4.8B6.7B7.0B
Non Current Assets Total5.8B5.7B5.7B6.1B9.6B10.1B
Cash And Short Term Investments1.2B2.2B3.6B4.8B7.0B7.3B
Net Receivables14.5B13.7B14.2B14.0B15.3B7.9B
Short Term Investments600K10.2M7.1M727.6M2.6M2.4M
Liabilities And Stockholders Equity32.7B30.1B35.3B37.7B46.6B48.9B
Non Current Liabilities Total1.1B923.7M588.9M634.4M768.5M1.1B
Inventory8.6B7.6B10.8B11.0B13.4B14.1B
Other Current Assets2.5B862.0M1.1B1.8B1.6B896.2M
Other Stockholder Equity5.8B6.0B6.1B6.1B6.2B6.5B
Total Liab17.6B12.3B13.9B11.8B15.1B11.3B
Total Current Assets26.9B24.4B29.6B31.6B37.0B38.8B
Accumulated Other Comprehensive Income102.6M119.4M80.0M76.2M123.1M167.3M
Short Term Debt3.2B2.8B3.3B1.4B1.4B1.3B
Common Stock179.0M179.7M180.2M180.4M180.5M159.7M
Non Currrent Assets Other175.0M228.6M165.6M256.7M661.9M694.9M
Other Assets175.0M228.6M200K147.1M169.1M177.6M
Common Stock Shares Outstanding82.2M90.6M91.2M90.3M90.4M89.0M
Intangible Assets29.2M17.9M20.7M16.9M15.4M18.4M
Current Deferred Revenue(3.2B)335.3M2.0B1.9B1.5B1.6B
Other Liab526.8M419.0M385.7M382.1M439.5M419.9M
Net Tangible Assets7.8B15.0B17.8B21.3B24.5B25.8B
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.