Kewal Gross Profit vs Depreciation And Amortization Analysis

KKCL Stock   631.90  8.95  1.44%   
Kewal Kiran financial indicator trend analysis is infinitely more than just investigating Kewal Kiran Clothing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kewal Kiran Clothing is a good investment. Please check the relationship between Kewal Kiran Gross Profit and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kewal Kiran Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kewal Kiran Clothing Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kewal Kiran's Gross Profit and Depreciation And Amortization is 0.78. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Kewal Kiran Clothing, assuming nothing else is changed. The correlation between historical values of Kewal Kiran's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Kewal Kiran Clothing are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Kewal Kiran's Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kewal Kiran Clothing minus its cost of goods sold. It is profit before Kewal Kiran operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Kewal Kiran's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kewal Kiran Clothing 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 Kewal Kiran Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 1.6 B in 2024, whereas Tax Provision is likely to drop slightly above 245 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.6B4.5B4.9B5.2B
Total Revenue6.1B7.7B8.6B9.0B

Kewal Kiran fundamental ratios Correlations

0.550.790.980.8-0.170.970.230.810.80.98-0.310.20.750.950.480.880.260.740.530.130.0-0.530.58-0.02-0.37
0.550.10.650.540.10.5-0.190.120.490.65-0.2-0.020.050.66-0.240.45-0.080.050.430.41-0.04-0.650.090.120.08
0.790.10.640.51-0.40.790.241.00.50.67-0.210.170.910.60.840.820.380.860.57-0.330.020.050.51-0.19-0.33
0.980.650.640.83-0.110.940.20.670.820.99-0.320.210.630.980.310.820.20.630.470.27-0.01-0.660.560.03-0.34
0.80.540.510.830.040.720.090.520.890.83-0.610.380.520.870.170.67-0.170.350.070.140.3-0.630.37-0.08-0.34
-0.170.1-0.4-0.110.04-0.12-0.08-0.40.14-0.1-0.34-0.47-0.380.01-0.28-0.42-0.69-0.42-0.340.10.37-0.54-0.480.17-0.05
0.970.50.790.940.72-0.120.30.810.710.95-0.240.090.70.910.570.860.260.790.590.070.01-0.520.530.03-0.41
0.23-0.190.240.20.09-0.080.30.250.010.210.00.050.270.20.470.280.150.340.04-0.230.080.00.30.03-0.94
0.810.121.00.670.52-0.40.810.250.520.69-0.20.150.920.620.820.850.380.880.59-0.30.020.020.53-0.14-0.33
0.80.490.50.820.890.140.710.010.520.81-0.540.220.60.880.090.64-0.220.440.110.310.33-0.690.390.15-0.26
0.980.650.670.990.83-0.10.950.210.690.81-0.320.150.650.970.340.850.190.650.510.2-0.01-0.640.510.07-0.34
-0.31-0.2-0.21-0.32-0.61-0.34-0.240.0-0.2-0.54-0.32-0.17-0.23-0.43-0.11-0.30.590.040.130.19-0.640.360.020.00.24
0.2-0.020.170.210.38-0.470.090.050.150.220.15-0.170.080.170.020.120.280.09-0.090.1-0.160.010.31-0.54-0.09
0.750.050.910.630.52-0.380.70.270.920.60.65-0.230.080.610.670.820.280.780.4-0.220.110.010.570.0-0.39
0.950.660.60.980.870.010.910.20.620.880.97-0.430.170.610.270.80.040.560.380.280.14-0.720.520.08-0.38
0.48-0.240.840.310.17-0.280.570.470.820.090.34-0.110.020.670.270.550.350.720.49-0.620.040.270.3-0.25-0.47
0.880.450.820.820.67-0.420.860.280.850.640.85-0.30.120.820.80.550.220.770.59-0.110.14-0.220.560.18-0.37
0.26-0.080.380.2-0.17-0.690.260.150.38-0.220.190.590.280.280.040.350.220.480.520.02-0.840.30.39-0.380.05
0.740.050.860.630.35-0.420.790.340.880.440.650.040.090.780.560.720.770.480.57-0.07-0.09-0.040.620.08-0.34
0.530.430.570.470.07-0.340.590.040.590.110.510.13-0.090.40.380.490.590.520.57-0.23-0.43-0.010.070.060.06
0.130.41-0.330.270.140.10.07-0.23-0.30.310.20.190.1-0.220.28-0.62-0.110.02-0.07-0.23-0.11-0.570.390.130.19
0.0-0.040.02-0.010.30.370.010.080.020.33-0.01-0.64-0.160.110.140.040.14-0.84-0.09-0.43-0.11-0.140.060.35-0.31
-0.53-0.650.05-0.66-0.63-0.54-0.520.00.02-0.69-0.640.360.010.01-0.720.27-0.220.3-0.04-0.01-0.57-0.14-0.1-0.210.16
0.580.090.510.560.37-0.480.530.30.530.390.510.020.310.570.520.30.560.390.620.070.390.06-0.1-0.04-0.35
-0.020.12-0.190.03-0.080.170.030.03-0.140.150.070.0-0.540.00.08-0.250.18-0.380.080.060.130.35-0.21-0.040.0
-0.370.08-0.33-0.34-0.34-0.05-0.41-0.94-0.33-0.26-0.340.24-0.09-0.39-0.38-0.47-0.370.05-0.340.060.19-0.310.16-0.350.0
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Kewal Kiran Account Relationship Matchups

Kewal Kiran fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4B5.8B7.4B8.2B8.4B8.8B
Other Current Liab29.2M609.1M71.2M371.6M876.7M920.5M
Total Current Liabilities1.8B1.4B2.6B2.6B1.4B1.1B
Total Stockholder Equity4.5B4.3B4.8B5.5B6.8B7.1B
Cash797.1M1.7B2.0B1.7B2.2B2.3B
Net Receivables1.7B1.3B1.7B1.8B2.1B2.2B
Other Current Assets1.8B114.0M163.9M177.6M268.5M168.3M
Total Liab1.9B1.5B2.6B2.7B1.6B1.2B
Property Plant Equipment838.0M818.0M853.1M1.1B1.3B1.3B
Other Liab68.8M66.2M29.5M650K747.5K710.1K
Other Assets81.9M90.0M171.9M29.2M115.9M62.1M
Inventory900.3M505.7M1.1B1.7B820.1M522.6M
Retained Earnings2.6B2.4B2.9B3.6B4.5B4.8B
Short Long Term Debt Total917.1M498.6M818.8M659.9M197.0M187.2M
Property Plant And Equipment Net855.9M818.0M853.7M1.1B1.2B685.1M
Net Debt120.0M(1.2B)(1.1B)(1.0B)(2.0B)(1.9B)
Accounts Payable498.0M258.4M534.3M481.0M436.2M324.1M
Non Current Assets Total1.5B1.1B1.2B1.6B1.5B1.3B
Non Currrent Assets Other(3.3M)1K57.6M140.6M1.6B1.7B
Cash And Short Term Investments2.2B2.8B3.1B3.0B3.7B2.0B
Short Term Investments1.4B1.1B1.2B1.3B1.6B826.7M
Liabilities And Stockholders Equity6.4B5.8B7.4B8.2B8.4B5.0B
Non Current Liabilities Total100.4M60.6M44.5M129.3M186.3M99.3M
Other Stockholder Equity(3.6B)842.7M312.9M332.9M349.7M332.2M
Total Current Assets4.9B4.7B6.2B6.6B6.8B3.8B
Accumulated Other Comprehensive Income(212.5M)958.9M974.3M954.3M1.2B1.3B
Intangible Assets3.0M1.6M2.8M2.5M2.0M1.9M
Current Deferred Revenue394.6M475.3M1.2B1.2B42.9M40.7M
Short Term Debt882.9M467.4M774.9M531.2M54.6M51.9M
Short Long Term Debt880.1M464.4M766M508.2M24.8M23.6M
Net Tangible Assets4.5B4.3B4.8B5.5B6.3B4.7B
Long Term Debt Total34.2M31.1M43.9M128.7M148.0M155.4M
Net Invested Capital5.3B4.8B5.5B6.0B6.8B6.0B
Net Working Capital3.1B3.3B3.6B4.0B5.4B3.6B

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