KeyCorp Depreciation vs Other Non Cash Items Analysis

KEY Stock  USD 17.09  0.28  1.67%   
KeyCorp financial indicator trend analysis is infinitely more than just investigating KeyCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KeyCorp is a good investment. Please check the relationship between KeyCorp Depreciation and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KeyCorp. 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 KeyCorp Stock please use our How to Invest in KeyCorp guide.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KeyCorp Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between KeyCorp's Depreciation and Other Non Cash Items is -0.04. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of KeyCorp, assuming nothing else is changed. The correlation between historical values of KeyCorp's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of KeyCorp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., KeyCorp's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of KeyCorp value has been used up. For tax purposes KeyCorp can deduct the cost of the tangible assets it purchases as business expenses. However, KeyCorp 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.

Other Non Cash Items

Most indicators from KeyCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KeyCorp 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 KeyCorp. 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 KeyCorp Stock please use our How to Invest in KeyCorp guide.At this time, KeyCorp's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 24.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.7 B in 2024.
 2021 2022 2023 2024 (projected)
Operating Income3.3B3.2B2.2B2.4B
Other Operating Expenses3.8B3.2B3.7B3.8B

KeyCorp fundamental ratios Correlations

0.70.50.320.070.840.810.530.49-0.790.02-0.20.580.23-0.120.490.670.60.090.490.00.090.930.86-0.43-0.09
0.70.83-0.080.510.890.270.840.85-0.220.430.160.060.530.21-0.061.00.070.560.9-0.460.580.870.93-0.77-0.07
0.50.83-0.10.860.580.171.00.82-0.120.510.320.080.070.34-0.140.85-0.180.880.74-0.440.620.70.75-0.59-0.36
0.32-0.08-0.1-0.380.150.44-0.1-0.2-0.53-0.34-0.210.8-0.39-0.30.66-0.110.77-0.34-0.030.83-0.460.190.14-0.14-0.32
0.070.510.86-0.380.13-0.120.840.660.230.590.48-0.22-0.120.48-0.410.54-0.560.990.44-0.560.670.30.34-0.29-0.29
0.840.890.580.150.130.520.60.71-0.430.21-0.070.280.570.010.250.870.40.180.81-0.230.210.910.93-0.77-0.1
0.810.270.170.44-0.120.520.180.24-0.770.0-0.110.65-0.08-0.040.710.240.65-0.150.070.24-0.260.680.52-0.12-0.13
0.530.841.0-0.10.840.60.180.81-0.150.480.280.10.080.31-0.120.86-0.150.870.75-0.430.620.720.77-0.59-0.34
0.490.850.82-0.20.660.710.240.810.020.740.5-0.170.420.56-0.280.86-0.190.660.77-0.610.520.720.75-0.81-0.18
-0.79-0.22-0.12-0.530.23-0.43-0.77-0.150.020.390.45-0.780.150.42-0.62-0.2-0.730.190.01-0.350.15-0.6-0.470.00.02
0.020.430.51-0.340.590.210.00.480.740.390.92-0.540.150.96-0.40.45-0.540.540.45-0.530.450.310.36-0.44-0.17
-0.20.160.32-0.210.48-0.07-0.110.280.50.450.92-0.52-0.090.96-0.40.18-0.540.440.21-0.310.320.070.11-0.25-0.21
0.580.060.080.8-0.220.280.650.1-0.17-0.78-0.54-0.52-0.38-0.560.810.040.86-0.18-0.010.7-0.330.370.280.0-0.22
0.230.530.07-0.39-0.120.57-0.080.080.420.150.15-0.09-0.38-0.04-0.30.520.01-0.090.45-0.540.30.310.36-0.490.48
-0.120.210.34-0.30.480.01-0.040.310.560.420.960.96-0.56-0.04-0.370.22-0.580.430.27-0.410.30.150.19-0.26-0.24
0.49-0.06-0.140.66-0.410.250.71-0.12-0.28-0.62-0.4-0.40.81-0.3-0.37-0.080.78-0.41-0.020.7-0.490.30.230.16-0.19
0.671.00.85-0.110.540.870.240.860.86-0.20.450.180.040.520.22-0.080.040.590.9-0.480.610.850.92-0.76-0.07
0.60.07-0.180.77-0.560.40.65-0.15-0.19-0.73-0.54-0.540.860.01-0.580.780.04-0.53-0.010.7-0.380.370.28-0.080.08
0.090.560.88-0.340.990.18-0.150.870.660.190.540.44-0.18-0.090.43-0.410.59-0.530.49-0.550.680.320.38-0.34-0.3
0.490.90.74-0.030.440.810.070.750.770.010.450.21-0.010.450.27-0.020.9-0.010.49-0.350.470.690.83-0.81-0.22
0.0-0.46-0.440.83-0.56-0.230.24-0.43-0.61-0.35-0.53-0.310.7-0.54-0.410.7-0.480.7-0.55-0.35-0.54-0.2-0.230.31-0.14
0.090.580.62-0.460.670.21-0.260.620.520.150.450.32-0.330.30.3-0.490.61-0.380.680.47-0.540.290.38-0.210.38
0.930.870.70.190.30.910.680.720.72-0.60.310.070.370.310.150.30.850.370.320.69-0.20.290.97-0.62-0.17
0.860.930.750.140.340.930.520.770.75-0.470.360.110.280.360.190.230.920.280.380.83-0.230.380.97-0.69-0.19
-0.43-0.77-0.59-0.14-0.29-0.77-0.12-0.59-0.810.0-0.44-0.250.0-0.49-0.260.16-0.76-0.08-0.34-0.810.31-0.21-0.62-0.690.31
-0.09-0.07-0.36-0.32-0.29-0.1-0.13-0.34-0.180.02-0.17-0.21-0.220.48-0.24-0.19-0.070.08-0.3-0.22-0.140.38-0.17-0.190.31
Click cells to compare fundamentals

KeyCorp Account Relationship Matchups

KeyCorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.0B974.8M957.4M933.1M932.8M612.9M
Total Assets145.0B170.3B186.3B189.8B188.3B103.4B
Short Long Term Debt Total13.2B14.5B12.6B30.1B22.6B14.7B
Other Current Liab(705M)(759M)(588M)(5.4B)(3.1B)(2.9B)
Total Current Liabilities705M759M588M5.4B3.1B2.9B
Total Stockholder Equity17.0B18.0B17.4B13.5B14.6B9.6B
Property Plant And Equipment Net814M753M681M636M661M808.3M
Net Debt12.4B13.4B11.7B29.2B21.7B12.6B
Retained Earnings12.5B12.8B14.6B15.6B15.7B16.5B
Cash732M1.1B913M887M941M1.4B
Non Current Assets Total38.6B56.3B68.8B55.9B175.7B184.5B
Non Currrent Assets Other(38.6B)(1.2B)(1.1B)(2.0B)113.3B119.0B
Other Assets72.4B58.0B48.0B116.3B11.6B11.0B
Cash And Short Term Investments23.8B44.8B57.3B4.6B11.8B7.7B
Liabilities And Stockholders Equity145.0B170.3B186.3B189.8B188.3B103.4B
Non Current Liabilities Total13.2B14.5B12.6B5.4B170.6B179.1B
Other Stockholder Equity1.4B1.3B299M376M437M415.2M
Total Liab128.0B152.4B168.9B176.4B173.6B93.6B
Total Current Assets34.0B56.0B69.6B17.7B941M894.0M
Short Term Debt705M759M588M5.4B3.1B2.3B
Other Current Assets3.1B18.4B12.8B4.6B12.9B12.3B
Property Plant And Equipment Gross814M753M2.3B2.3B2.2B1.1B
Accumulated Other Comprehensive Income26M738M(586M)(6.3B)(5.2B)(5.0B)
Other Liab704M197M160M1.2B1.1B1.0B
Accounts Payable2.5B2.4B152.6B5.0B4.5B4.3B
Long Term Debt12.4B13.7B12.6B19.3B19.5B13.0B
Short Term Investments23.1B43.8B56.4B41.5B19.4B18.7B
Inventory(3.1B)(18.4B)(12.8B)(4.6B)(15.2B)(14.5B)
Treasury Stock(4.9B)(4.9B)(6.0B)(5.9B)(5.3B)(5.1B)
Intangible Assets253M188M130M94M55M52.3M
Property Plant Equipment1.5B753M681M636M731.4M1.2B
Net Receivables10.2B11.2B12.3B13.2B3.5B3.3B
Preferred Stock Total Equity1.0B1.5B1.9B2.5B2.3B1.2B
Retained Earnings Total Equity12.5B12.8B14.6B15.6B18.0B9.7B

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Additional Tools for KeyCorp Stock Analysis

When running KeyCorp's price analysis, check to measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.