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 Interest Expense and its Interest Income 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.
Interest Expense vs Interest Income
Interest Expense vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kewal Kiran Clothing Interest Expense account and
Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kewal Kiran's Interest Expense and Interest Income is 0.59. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Interest Income 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 Interest Expense and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Kewal Kiran Clothing are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Interest Expense i.e., Kewal Kiran's Interest Expense and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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.
Kewal Kiran fundamental ratios Correlations
Click cells to compare fundamentals
Kewal Kiran Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kewal Kiran fundamental ratios Accounts
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measure Kewal Kiran'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 Kewal Kiran is operating at the current time. Most of Kewal Kiran's value examination focuses on studying past and present price action to
predict the probability of Kewal Kiran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kewal Kiran's price. Additionally, you may evaluate how the addition of Kewal Kiran to your portfolios can decrease your overall portfolio volatility.