Kilitch Property Plant And Equipment Net vs Intangible Assets Analysis

KILITCH Stock   310.65  3.25  1.06%   
Kilitch Drugs financial indicator trend analysis is infinitely more than just investigating Kilitch Drugs Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kilitch Drugs Limited is a good investment. Please check the relationship between Kilitch Drugs Property Plant And Equipment Net and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kilitch Drugs 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 estimate.

Property Plant And Equipment Net vs Intangible Assets

Property Plant And Equipment Net vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kilitch Drugs Limited Property Plant And Equipment Net account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kilitch Drugs' Property Plant And Equipment Net and Intangible Assets is -0.1. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Kilitch Drugs Limited, assuming nothing else is changed. The correlation between historical values of Kilitch Drugs' Property Plant And Equipment Net and Intangible 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 Property Plant And Equipment Net of Kilitch Drugs Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant And Equipment Net i.e., Kilitch Drugs' Property Plant And Equipment Net and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Kilitch Drugs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kilitch Drugs Limited 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 Kilitch Drugs 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 estimate.
As of now, Kilitch Drugs' Tax Provision is increasing as compared to previous years. The Kilitch Drugs' current Issuance Of Capital Stock is estimated to increase to about 40.5 M, while Selling General Administrative is projected to decrease to under 25 M.
 2021 2022 2023 2024 (projected)
Gross Profit488.0M648.4M620.5M310.3M
Total Revenue1.1B1.4B1.5B889.7M

Kilitch Drugs fundamental ratios Correlations

0.6-0.60.810.830.530.190.360.47-0.170.420.610.2-0.490.31-0.130.580.690.760.430.770.74-0.180.61-0.140.02
0.60.060.710.210.710.60.10.46-0.53-0.050.75-0.050.190.72-0.250.320.730.320.70.250.550.20.580.09-0.09
-0.60.06-0.11-0.870.170.29-0.26-0.2-0.15-0.43-0.23-0.210.980.22-0.15-0.520.08-0.52-0.09-0.9-0.190.61-0.10.54-0.09
0.810.71-0.110.350.770.440.180.4-0.20.310.50.310.030.36-0.190.260.980.60.30.330.820.320.470.26-0.05
0.830.21-0.870.350.11-0.140.40.36-0.040.40.460.06-0.840.09-0.010.670.180.650.340.910.4-0.580.49-0.470.09
0.530.710.170.770.110.560.040.72-0.66-0.240.25-0.250.270.570.120.070.80.060.620.210.830.090.280.0-0.1
0.190.60.290.44-0.140.56-0.690.41-0.46-0.340.29-0.060.370.560.090.170.5-0.090.39-0.020.310.290.070.2-0.02
0.360.1-0.260.180.40.04-0.69-0.060.10.390.230.05-0.25-0.01-0.320.10.130.440.090.240.18-0.140.48-0.12-0.04
0.470.46-0.20.40.360.720.41-0.06-0.85-0.560.23-0.48-0.170.420.440.340.35-0.220.720.510.63-0.420.08-0.650.13
-0.17-0.53-0.15-0.2-0.04-0.66-0.460.1-0.850.79-0.260.68-0.16-0.57-0.38-0.11-0.220.45-0.82-0.22-0.430.31-0.010.55-0.13
0.42-0.05-0.430.310.4-0.24-0.340.39-0.560.790.140.72-0.37-0.27-0.460.150.230.88-0.450.230.040.220.350.48-0.16
0.610.75-0.230.50.460.250.290.230.23-0.260.14-0.04-0.140.39-0.470.380.450.510.60.350.41-0.060.69-0.050.01
0.2-0.05-0.210.310.06-0.25-0.060.05-0.480.680.72-0.04-0.12-0.21-0.240.150.280.57-0.690.0-0.170.620.00.53-0.1
-0.490.190.980.03-0.840.270.37-0.25-0.17-0.16-0.37-0.14-0.120.29-0.2-0.480.23-0.42-0.06-0.86-0.10.7-0.030.6-0.12
0.310.720.220.360.090.570.56-0.010.42-0.57-0.270.39-0.210.29-0.020.40.410.020.580.10.20.130.420.01-0.27
-0.13-0.25-0.15-0.19-0.010.120.09-0.320.44-0.38-0.46-0.47-0.24-0.2-0.02-0.02-0.22-0.480.070.250.01-0.33-0.68-0.530.06
0.580.32-0.520.260.670.070.170.10.34-0.110.150.380.15-0.480.4-0.020.160.390.260.550.11-0.240.51-0.30.36
0.690.730.080.980.180.80.50.130.35-0.220.230.450.280.230.41-0.220.160.50.270.150.780.450.450.38-0.07
0.760.32-0.520.60.650.06-0.090.44-0.220.450.880.510.57-0.420.02-0.480.390.5-0.060.470.340.110.610.32-0.08
0.430.7-0.090.30.340.620.390.090.72-0.82-0.450.6-0.69-0.060.580.070.260.27-0.060.430.55-0.480.41-0.480.04
0.770.25-0.90.330.910.21-0.020.240.51-0.220.230.350.0-0.860.10.250.550.150.470.430.43-0.630.21-0.610.04
0.740.55-0.190.820.40.830.310.180.63-0.430.040.41-0.17-0.10.20.010.110.780.340.550.43-0.140.34-0.10.04
-0.180.20.610.32-0.580.090.29-0.14-0.420.310.22-0.060.620.70.13-0.33-0.240.450.11-0.48-0.63-0.140.010.84-0.16
0.610.58-0.10.470.490.280.070.480.08-0.010.350.690.0-0.030.42-0.680.510.450.610.410.210.340.010.180.03
-0.140.090.540.26-0.470.00.2-0.12-0.650.550.48-0.050.530.60.01-0.53-0.30.380.32-0.48-0.61-0.10.840.18-0.23
0.02-0.09-0.09-0.050.09-0.1-0.02-0.040.13-0.13-0.160.01-0.1-0.12-0.270.060.36-0.07-0.080.040.040.04-0.160.03-0.23
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Kilitch Drugs Account Relationship Matchups

Kilitch Drugs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B2.0B2.1B2.2B2.4B1.7B
Short Long Term Debt Total126.1M148.0M204.3M221.9M316.5M332.3M
Other Current Liab21.0M22.3M15.8M17.7M16.8M15.9M
Total Current Liabilities219.7M733.2M692.8M688.7M642.2M369.3M
Total Stockholder Equity1.2B1.3B1.4B1.5B1.8B1.2B
Property Plant And Equipment Net383.3M733.8M537.5M473.6M481.2M293.0M
Net Debt98.5M23.6M104.2M23.5M127.4M68.2M
Cash27.6M124.5M100.1M198.5M189.1M99.1M
Non Current Assets Total870.5M1.2B957.4M931.2M940.7M749.4M
Non Currrent Assets Other3.6M4.4M(68.8M)6.2M7.2M6.8M
Cash And Short Term Investments305.7M488.5M572.4M592.0M690.2M474.6M
Net Receivables(341K)(522K)414.3M542.9M632.6M664.2M
Common Stock Shares Outstanding15.4M15.5M15.6M15.6M15.9M15.4M
Liabilities And Stockholders Equity1.4B2.0B2.1B2.2B2.4B1.7B
Non Current Liabilities Total3.9M3.8M2.8M683K1.7M1.6M
Inventory55.6M35.9M52.9M20.4M93.1M49.7M
Other Current Assets196.6M279.3M20.0M28.8M43.5M41.3M
Total Liab223.6M737.0M695.5M689.4M643.9M357.3M
Total Current Assets557.9M803.6M1.1B1.3B1.5B916.0M
Accumulated Other Comprehensive Income(195.5M)209.1M254.1M274.8M287.1M301.5M
Short Term Debt126.1M148.0M204.3M221.9M316.5M332.3M
Common Stock153.6M154.3M154.9M155.8M160.8M150.7M
Accounts Payable71.0M536.5M428.7M408.7M255.9M177.6M
Current Deferred Revenue16.9M42.9M58.9M55.9M53.1M59.2M
Retained Earnings481.4M518.2M591.8M696.3M842.3M624.5M
Short Term Investments278.1M364.0M472.3M393.5M501.1M378.1M
Intangible Assets502K1.5M2.3M204.8M4.4M4.2M
Other Liab3.9M3.8M2.8M683K614.7K584.0K
Net Tangible Assets954.5M1.1B1.2B1.3B1.5B1.1B
Other Assets13.3M17.2M19.7M19.8M1.00.95
Property Plant Equipment383.3M733.8M464.0M473.6M544.6M309.3M
Short Long Term Debt126.1M148.0M204.3M221.9M316.5M332.3M
Good Will227.5M219.1M210.6M202.2M193.8M189.4M
Net Invested Capital1.3B1.4B1.6B1.7B2.1B1.7B
Net Working Capital338.1M70.5M448.3M575.3M817.8M499.5M

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Other Information on Investing in Kilitch Stock

Balance Sheet is a snapshot of the financial position of Kilitch Drugs Limited at a specified time, usually calculated after every quarter, six months, or one year. Kilitch Drugs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kilitch Drugs 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 Kilitch currently owns. An asset can also be divided into two categories, current and non-current.