Korn Tax Provision vs Ebit Analysis

KFY Stock  USD 78.19  1.21  1.52%   
Korn Ferry financial indicator trend analysis is infinitely more than just investigating Korn Ferry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korn Ferry is a good investment. Please check the relationship between Korn Ferry Tax Provision and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korn Ferry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Korn Stock please use our How to Invest in Korn Ferry guide.

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Korn Ferry Tax Provision account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Korn Ferry's Tax Provision and Ebit is 0.86. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Korn Ferry, assuming nothing else is changed. The correlation between historical values of Korn Ferry's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Korn Ferry are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Korn Ferry's Tax Provision and Ebit go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Ebit

Most indicators from Korn Ferry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korn Ferry 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 Korn Ferry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Korn Stock please use our How to Invest in Korn Ferry guide.At this time, Korn Ferry's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 14.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 246.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B2.6B651.3M979.3M
Total Revenue2.6B2.9B2.8B2.9B

Korn Ferry fundamental ratios Correlations

0.930.970.990.990.93-0.390.960.980.970.990.950.960.990.590.980.93-0.790.990.840.990.410.340.390.970.98
0.930.860.920.870.99-0.250.890.940.950.890.950.960.90.480.970.83-0.630.960.820.950.440.120.250.850.89
0.970.860.990.960.86-0.50.970.930.940.950.940.940.970.50.920.97-0.820.960.810.970.370.260.270.940.95
0.990.920.990.960.92-0.410.970.960.960.970.960.960.990.520.960.96-0.80.990.830.990.370.290.30.960.96
0.990.870.960.960.87-0.480.950.970.940.980.910.930.970.680.930.92-0.820.960.810.960.440.390.480.980.99
0.930.990.860.920.87-0.190.910.920.940.90.950.940.90.410.980.84-0.640.960.860.940.340.140.190.860.89
-0.39-0.25-0.5-0.41-0.48-0.19-0.45-0.34-0.5-0.32-0.41-0.49-0.37-0.43-0.24-0.480.44-0.32-0.29-0.45-0.450.19-0.21-0.33-0.45
0.960.890.970.970.950.91-0.450.920.950.950.970.950.940.430.930.95-0.770.960.910.960.340.160.180.930.96
0.980.940.930.960.970.92-0.340.920.950.970.920.940.980.650.970.88-0.760.970.770.970.470.380.460.960.95
0.970.950.940.960.940.94-0.50.950.950.920.971.00.940.530.950.92-0.720.970.840.990.460.130.280.890.95
0.990.890.950.970.980.9-0.320.950.970.920.920.910.970.620.960.91-0.810.980.840.950.360.430.440.990.98
0.950.950.940.960.910.95-0.410.970.920.970.920.970.930.40.960.91-0.70.970.880.970.450.060.150.890.93
0.960.960.940.960.930.94-0.490.950.941.00.910.970.940.520.950.92-0.720.970.840.990.450.110.270.880.94
0.990.90.970.990.970.9-0.370.940.980.940.970.930.940.590.960.92-0.780.980.770.980.430.390.40.970.95
0.590.480.50.520.680.41-0.430.430.650.530.620.40.520.590.510.45-0.60.520.250.550.50.610.930.620.61
0.980.970.920.960.930.98-0.240.930.970.950.960.960.950.960.510.89-0.710.990.850.970.380.290.320.930.95
0.930.830.970.960.920.84-0.480.950.880.920.910.910.920.920.450.89-0.830.930.820.930.20.220.20.90.93
-0.79-0.63-0.82-0.8-0.82-0.640.44-0.77-0.76-0.72-0.81-0.7-0.72-0.78-0.6-0.71-0.83-0.76-0.6-0.75-0.13-0.42-0.42-0.8-0.8
0.990.960.960.990.960.96-0.320.960.970.970.980.970.970.980.520.990.93-0.760.850.990.380.290.310.950.96
0.840.820.810.830.810.86-0.290.910.770.840.840.880.840.770.250.850.82-0.60.850.830.180.040.030.810.88
0.990.950.970.990.960.94-0.450.960.970.990.950.970.990.980.550.970.93-0.750.990.830.450.220.320.930.96
0.410.440.370.370.440.34-0.450.340.470.460.360.450.450.430.50.380.2-0.130.380.180.45-0.020.430.370.4
0.340.120.260.290.390.140.190.160.380.130.430.060.110.390.610.290.22-0.420.290.040.22-0.020.760.480.33
0.390.250.270.30.480.19-0.210.180.460.280.440.150.270.40.930.320.2-0.420.310.030.320.430.760.450.4
0.970.850.940.960.980.86-0.330.930.960.890.990.890.880.970.620.930.9-0.80.950.810.930.370.480.450.97
0.980.890.950.960.990.89-0.450.960.950.950.980.930.940.950.610.950.93-0.80.960.880.960.40.330.40.97
Click cells to compare fundamentals

Korn Ferry Account Relationship Matchups

Korn Ferry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.1B3.5B3.6B3.7B3.9B
Short Long Term Debt Total629.8M598.8M595.3M561.2M580.3M609.3M
Other Current Liab390.5M634.1M850.2M857.1M822.8M864.0M
Total Current Liabilities624.2M750.1M984.2M976.3M934.5M981.2M
Total Stockholder Equity1.2B1.4B1.5B1.6B1.7B1.8B
Property Plant And Equipment Net337.8M305.9M305.9M304.6M322.3M338.4M
Net Debt(59.5M)(252M)(382.8M)(282.8M)(360.7M)(342.7M)
Retained Earnings743.0M834.9M1.1B1.3B1.4B1.5B
Accounts Payable45.7M45.0M50.9M53.4M50.1M52.6M
Cash689.2M850.8M978.1M844.0M941.0M988.1M
Non Current Assets Total1.5B1.6B1.7B1.9B2.0B2.1B
Non Currrent Assets Other225.9M263.7M301.5M301.6M318.9M334.8M
Cash And Short Term Investments731.2M914.4M1.0B888.9M983.7M1.0B
Net Receivables435.9M488.8M622.1M637.1M581.7M610.8M
Common Stock Shares Outstanding54.8M53.4M53.4M51.9M51.4M50.8M
Liabilities And Stockholders Equity2.7B3.1B3.5B3.6B3.7B3.9B
Non Current Liabilities Total895.9M937.7M930.7M945.2M1.0B1.1B
Other Current Assets43.1M83.9M102.5M112.7M108.7M114.1M
Other Stockholder Equity2.1M(51.8M)(92.2M)(92.8M)(83.5M)(79.3M)
Total Liab1.5B1.7B1.9B1.9B1.9B2.0B
Property Plant And Equipment Gross337.8M305.9M305.9M304.6M697.3M732.1M
Total Current Assets1.2B1.5B1.8B1.6B1.7B1.8B
Accumulated Other Comprehensive Income(107.2M)(51.8M)(92.2M)(92.8M)(107.7M)(102.3M)
Short Term Debt54.9M48.0M48.6M45.8M37.5M37.0M
Intangible Assets111.9M92.9M89.8M114.4M88.8M91.1M
Common Stock585.6M583.3M502.0M429.8M414.9M469.5M
Good Will613.9M626.7M725.6M909.5M908.4M953.8M
Other Liab319.4M386.9M384.0M426.7M490.7M515.3M
Other Assets413.5M519.4M386.3M300.1M345.1M251.9M
Long Term Debt394.1M394.8M395.5M396.2M396.9M416.8M
Common Stock Total Equity585.6M583.3M502.0M429.8M494.2M489.8M
Short Term Investments42.0M63.7M57.2M44.8M42.7M30.2M
Property Plant Equipment142.7M131.8M305.9M161.9M186.2M195.5M
Current Deferred Revenue133.1M184.6M244.1M257.1M241.0M137.0M
Net Tangible Assets495.5M646.8M729.0M624.2M717.8M518.7M
Noncontrolling Interest In Consolidated Entity2.3M2.4M5.2M4.9M5.7M6.0M
Retained Earnings Total Equity743.0M834.9M1.1B1.3B1.5B1.6B
Inventory26.9M30.7M41.8M49.2M56.6M59.4M
Deferred Long Term Liab1.1M3.8M2.7M5.4M6.2M6.5M
Non Current Liabilities Other500.7M539.1M24.2M27.9M21.6M20.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Korn Stock Analysis

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