KEX Stock | | | USD 117.48 0.40 0.34% |
Kirby financial indicator trend analysis is infinitely more than just investigating Kirby recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirby is a good investment. Please check the relationship between Kirby Other Operating Expenses and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. 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 more information on how to buy Kirby Stock please use our
How to Invest in Kirby guide.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kirby Other Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Kirby's Other Operating Expenses and Total Revenue is 0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Kirby are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Kirby's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kirby. It is also known as Kirby overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Revenue
Total revenue comprises all receipts Kirby generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Kirby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirby 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 Kirby. 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 more information on how to buy Kirby Stock please use our
How to Invest in Kirby guide.
Selling General Administrative is likely to rise to about 352
M in 2024.
Tax Provision is likely to rise to about 74.8
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 380.0M | 522.4M | 700.1M | 351.2M | Total Revenue | 2.2B | 2.8B | 3.1B | 3.2B |
Kirby fundamental ratios Correlations
Click cells to compare fundamentals
Kirby Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kirby fundamental ratios Accounts
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Additional Tools for Kirby Stock Analysis
When running Kirby's price analysis, check to
measure Kirby's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to
predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.