KEI Common Stock vs Total Current Assets Analysis

KEI Stock   4,166  102.75  2.41%   
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 Common Stock and its Total Current Assets 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.

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEI Industries Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between KEI Industries' Common Stock and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets 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' Common Stock and Total Current Assets 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 KEI Industries Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., KEI Industries' Common Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
As of December 21, 2024, Selling General Administrative is expected to decline to about 382.7 M. In addition to that, Tax Provision is expected to decline to about 1.1 B
 2021 2022 2023 2024 (projected)
Interest Expense206.1M347.1M439.1M741.3M
Depreciation And Amortization554.5M570.8M613.6M582.9M

KEI Industries fundamental ratios Correlations

-0.40.690.590.970.84-0.730.770.880.960.670.920.770.88-0.70.99-0.190.90.561.00.83-0.540.450.480.960.68
-0.4-0.410.25-0.56-0.250.89-0.1-0.62-0.4-0.46-0.59-0.1-0.50.45-0.43-0.18-0.560.33-0.4-0.170.90.480.05-0.550.23
0.69-0.410.380.70.72-0.630.480.70.750.710.710.530.54-0.630.72-0.210.50.320.670.51-0.470.040.410.730.31
0.590.250.380.390.730.030.90.170.540.110.290.770.37-0.450.53-0.020.390.990.60.710.10.80.360.360.82
0.97-0.560.70.390.78-0.850.630.960.930.710.970.690.93-0.710.98-0.220.930.340.970.77-0.670.250.440.990.51
0.84-0.250.720.730.78-0.530.840.650.810.480.70.840.75-0.650.81-0.10.740.670.830.85-0.370.440.410.760.67
-0.730.89-0.630.03-0.85-0.53-0.31-0.91-0.71-0.69-0.88-0.37-0.770.57-0.760.06-0.790.09-0.72-0.440.880.21-0.24-0.86-0.09
0.77-0.10.480.90.630.84-0.310.430.70.280.550.850.57-0.560.72-0.080.670.870.780.81-0.270.660.240.590.76
0.88-0.620.70.170.960.65-0.910.430.870.790.980.520.85-0.570.91-0.250.830.120.870.58-0.690.080.450.970.36
0.96-0.40.750.540.930.81-0.710.70.870.790.90.640.78-0.670.95-0.10.80.520.950.74-0.520.390.460.940.64
0.67-0.460.710.110.710.48-0.690.280.790.790.760.170.46-0.40.690.030.490.10.640.31-0.57-0.030.280.760.28
0.92-0.590.710.290.970.7-0.880.550.980.90.760.590.85-0.580.94-0.230.840.260.920.62-0.680.190.490.980.46
0.77-0.10.530.770.690.84-0.370.850.520.640.170.590.75-0.640.73-0.40.750.70.790.83-0.220.580.360.640.63
0.88-0.50.540.370.930.75-0.770.570.850.780.460.850.75-0.70.89-0.280.940.290.890.82-0.590.240.490.90.48
-0.70.45-0.63-0.45-0.71-0.650.57-0.56-0.57-0.67-0.4-0.58-0.64-0.7-0.730.03-0.73-0.32-0.7-0.740.59-0.04-0.21-0.67-0.2
0.99-0.430.720.530.980.81-0.760.720.910.950.690.940.730.89-0.73-0.210.90.480.990.82-0.580.380.490.970.61
-0.19-0.18-0.21-0.02-0.22-0.10.06-0.08-0.25-0.10.03-0.23-0.4-0.280.03-0.21-0.24-0.02-0.21-0.2-0.04-0.14-0.13-0.21-0.07
0.9-0.560.50.390.930.74-0.790.670.830.80.490.840.750.94-0.730.9-0.240.320.910.83-0.680.260.220.880.44
0.560.330.320.990.340.670.090.870.120.520.10.260.70.29-0.320.48-0.020.320.560.640.190.870.370.320.86
1.0-0.40.670.60.970.83-0.720.780.870.950.640.920.790.89-0.70.99-0.210.910.560.84-0.540.460.490.950.68
0.83-0.170.510.710.770.85-0.440.810.580.740.310.620.830.82-0.740.82-0.20.830.640.84-0.360.530.330.720.69
-0.540.9-0.470.1-0.67-0.370.88-0.27-0.69-0.52-0.57-0.68-0.22-0.590.59-0.58-0.04-0.680.19-0.54-0.360.41-0.01-0.660.1
0.450.480.040.80.250.440.210.660.080.39-0.030.190.580.24-0.040.38-0.140.260.870.460.530.410.340.230.89
0.480.050.410.360.440.41-0.240.240.450.460.280.490.360.49-0.210.49-0.130.220.370.490.33-0.010.340.50.57
0.96-0.550.730.360.990.76-0.860.590.970.940.760.980.640.9-0.670.97-0.210.880.320.950.72-0.660.230.50.51
0.680.230.310.820.510.67-0.090.760.360.640.280.460.630.48-0.20.61-0.070.440.860.680.690.10.890.570.51
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 Liab474.6M493.2M597.0M803.2M1.3B898.7M
Total Current Liabilities16.5B11.4B13.3B11.2B14.3B10.1B
Total Stockholder Equity15.1B17.8B21.4B25.9B31.5B33.1B
Property Plant And Equipment Net5.6B5.4B5.5B5.8B8.9B4.5B
Net Debt2.6B1.1B(28.9M)(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 Other32.8M29.1M38.2M147.1M661.9M694.9M
Cash And Short Term Investments2.1B2.2B3.6B5.5B7.0B7.3B
Net Receivables14.5B14.3B14.2B14.0B15.3B8.4B
Common Stock Shares Outstanding82.2M90.6M91.2M91.4M90.4M89.0M
Liabilities And Stockholders Equity32.7B30.1B35.3B37.7B46.6B48.9B
Non Current Liabilities Total1.1B937.5M588.9M634.4M768.5M730.1M
Inventory8.6B7.7B10.8B11.0B13.4B14.1B
Other Current Assets2.5B862.0M1.1B1.8B1.6B2.0B
Other Stockholder Equity5.8B6.0B6.1B6.1B6.2B6.5B
Total Liab17.6B12.4B13.9B11.8B15.1B12.3B
Total Current Assets26.9B24.5B29.6B31.6B37.0B38.8B
Accumulated Other Comprehensive Income(1.4B)140.5M101.1M97.3M144.2M151.4M
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 Investments948.4M10.2M7.1M727.6M300M429.0M
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.