Kirby Total Current Liabilities vs Current Deferred Revenue Analysis

KEX Stock  USD 121.02  2.36  1.91%   
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 Total Current Liabilities and its Current Deferred 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.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kirby's Total Current Liabilities and Current Deferred Revenue is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred 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 Total Current Liabilities and Current Deferred 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 Total Current Liabilities of Kirby are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Kirby's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Kirby balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kirby are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit380.0M522.4M700.1M351.2M
Total Revenue2.2B2.8B3.1B3.2B

Kirby fundamental ratios Correlations

0.90.820.880.990.980.90.970.451.0-0.530.480.940.920.960.880.90.710.980.950.31-0.26-0.13-0.730.830.66
0.90.620.710.840.891.00.80.550.9-0.70.560.80.910.960.780.730.80.950.840.3-0.250.02-0.620.670.48
0.820.620.770.850.740.630.870.00.83-0.250.020.750.660.710.710.720.460.760.740.11-0.02-0.27-0.660.750.47
0.880.710.770.870.870.710.840.410.85-0.330.450.930.870.760.890.860.620.860.950.56-0.2-0.19-0.660.960.85
0.990.840.850.870.960.840.990.410.99-0.50.440.930.870.910.880.890.690.950.940.24-0.29-0.21-0.70.840.67
0.980.890.740.870.960.880.950.510.98-0.530.540.930.920.950.870.90.670.980.940.39-0.33-0.11-0.690.790.71
0.91.00.630.710.840.880.80.510.9-0.680.520.790.90.960.780.720.80.940.830.27-0.230.01-0.620.670.47
0.970.80.870.840.990.950.80.340.98-0.420.360.910.830.90.840.90.590.930.90.2-0.24-0.19-0.730.790.63
0.450.550.00.410.410.510.510.340.41-0.650.990.550.550.480.440.340.610.490.560.52-0.460.19-0.130.320.41
1.00.90.830.850.990.980.90.980.41-0.520.440.920.910.970.850.890.690.980.920.27-0.23-0.11-0.740.80.61
-0.53-0.7-0.25-0.33-0.5-0.53-0.68-0.42-0.65-0.52-0.62-0.43-0.61-0.59-0.54-0.27-0.77-0.56-0.52-0.040.490.170.07-0.3-0.21
0.480.560.020.450.440.540.520.360.990.44-0.620.570.560.50.480.370.590.510.60.54-0.490.18-0.140.360.46
0.940.80.750.930.930.930.790.910.550.92-0.430.570.890.860.830.910.710.920.960.51-0.21-0.05-0.740.870.71
0.920.910.660.870.870.920.90.830.550.91-0.610.560.890.910.820.820.820.950.90.46-0.150.02-0.70.830.65
0.960.960.710.760.910.950.960.90.480.97-0.590.50.860.910.790.840.70.990.870.3-0.20.02-0.730.70.52
0.880.780.710.890.880.870.780.840.440.85-0.540.480.830.820.790.760.680.850.950.26-0.46-0.37-0.460.890.85
0.90.730.720.860.890.90.720.90.340.89-0.270.370.910.820.840.760.520.880.880.4-0.1-0.16-0.870.820.69
0.710.80.460.620.690.670.80.590.610.69-0.770.590.710.820.70.680.520.720.730.25-0.27-0.09-0.40.650.4
0.980.950.760.860.950.980.940.930.490.98-0.560.510.920.950.990.850.880.720.930.38-0.21-0.03-0.750.80.63
0.950.840.740.950.940.940.830.90.560.92-0.520.60.960.90.870.950.880.730.930.43-0.36-0.19-0.630.910.81
0.310.30.110.560.240.390.270.20.520.27-0.040.540.510.460.30.260.40.250.380.430.00.27-0.310.410.46
-0.26-0.25-0.02-0.2-0.29-0.33-0.23-0.24-0.46-0.230.49-0.49-0.21-0.15-0.2-0.46-0.1-0.27-0.21-0.360.00.54-0.35-0.13-0.45
-0.130.02-0.27-0.19-0.21-0.110.01-0.190.19-0.110.170.18-0.050.020.02-0.37-0.16-0.09-0.03-0.190.270.54-0.16-0.24-0.33
-0.73-0.62-0.66-0.66-0.7-0.69-0.62-0.73-0.13-0.740.07-0.14-0.74-0.7-0.73-0.46-0.87-0.4-0.75-0.63-0.31-0.35-0.16-0.66-0.34
0.830.670.750.960.840.790.670.790.320.8-0.30.360.870.830.70.890.820.650.80.910.41-0.13-0.24-0.660.83
0.660.480.470.850.670.710.470.630.410.61-0.210.460.710.650.520.850.690.40.630.810.46-0.45-0.33-0.340.83
Click cells to compare fundamentals

Kirby Account Relationship Matchups

Kirby fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.9B5.4B5.6B5.7B6.0B
Short Long Term Debt Total1.5B1.7B1.4B1.3B1.2B1.2B
Other Current Liab237.0M147.7M157.4M138.1M195.6M205.4M
Total Current Liabilities514.1M466.0M543.8M642.2M675.8M709.6M
Total Stockholder Equity3.4B3.1B2.9B3.0B3.2B3.3B
Property Plant And Equipment Net3.9B4.1B3.8B3.8B4.0B4.2B
Net Debt1.5B1.6B1.3B1.2B1.2B1.2B
Retained Earnings2.9B2.6B2.3B2.5B2.7B2.8B
Cash24.7M80.3M34.8M80.6M32.6M23.7M
Non Current Assets Total5.2B4.9B4.4B4.3B4.6B4.8B
Non Currrent Assets Other(530.0M)(551.5M)(526.2M)(563.1M)89.5M93.9M
Cash And Short Term Investments24.7M80.3M34.8M80.6M32.6M34.4M
Net Receivables483.3M600.2M567.9M598.0M578.7M607.7M
Common Stock Shares Outstanding59.9M59.9M60.1M60.3M59.9M58.3M
Liabilities And Stockholders Equity6.1B5.9B5.4B5.6B5.7B6.0B
Non Current Liabilities Total2.2B2.4B2.0B1.9B1.9B2.0B
Inventory351.4M309.7M331.4M461.8M454.4M477.1M
Other Current Assets58.1M57.8M69.8M71.4M69.5M73.0M
Other Stockholder Equity536.9M545.8M559.3M550.7M452.2M256.1M
Total Liab2.7B2.8B2.5B2.5B2.5B2.7B
Total Current Assets917.6M1.0B1.0B1.2B1.1B1.2B
Short Term Debt27.3M65.5M69.7M76.2M74.7M78.5M
Intangible Assets210.7M69.0M60.1M51.5M42.9M40.8M
Other Assets58.2M232.4M48.0M62.8M72.2M73.2M
Accounts Payable206.8M162.5M199.1M278.1M269.4M282.8M
Current Deferred Revenue43.0M45.4M72.8M119.3M134.6M141.3M
Property Plant And Equipment Gross3.9B4.1B5.4B5.5B6.0B6.3B
Accumulated Other Comprehensive Income(37.8M)(61.5M)(26.0M)16.9M35.0M36.8M
Other Liab684.2M738.5M645.4M649.1M746.5M783.8M
Long Term Debt1.4B1.5B1.2B1.1B1.0B728.5M
Treasury Stock(302.0M)(299.2M)(295.2M)(308.6M)(277.7M)(263.9M)
Property Plant Equipment3.8B3.9B3.7B3.8B4.4B4.6B
Net Tangible Assets2.2B2.4B2.3B2.6B2.9B2.0B
Noncontrolling Interest In Consolidated Entity3.0M3.2M2.5M2.3M2.1M3.6M
Retained Earnings Total Equity2.9B2.6B2.3B2.5B2.8B2.0B

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Additional Tools for Kirby Stock Analysis

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