Kewal Operating Income vs Ebit 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 Operating Income and its Ebit 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.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kewal Kiran Clothing Operating Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Kewal Kiran's Operating Income and Ebit is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit 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 Operating Income 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 Operating Income of Kewal Kiran Clothing 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 Operating Income i.e., Kewal Kiran's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Kewal Kiran Clothing operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Kewal Kiran Clothing is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebit

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 Revenue	3.6B	4.5B	4.9B	5.2B
Total Revenue	6.1B	7.7B	8.6B	9.0B

Cost Of Revenue Total Revenue

Kewal Kiran fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Cash	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Inventory	Retained Earnings	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.55	0.79	0.98	0.8	-0.17	0.97	0.23	0.81	0.8	0.98	-0.31	0.2	0.75	0.95	0.48	0.88	0.26	0.74	0.53	0.13	0.0	-0.53	0.58	-0.02	-0.37
Other Current Liab	0.55		0.1	0.65	0.54	0.1	0.5	-0.19	0.12	0.49	0.65	-0.2	-0.02	0.05	0.66	-0.24	0.45	-0.08	0.05	0.43	0.41	-0.04	-0.65	0.09	0.12	0.08
Total Current Liabilities	0.79	0.1		0.64	0.51	-0.4	0.79	0.24	1.0	0.5	0.67	-0.21	0.17	0.91	0.6	0.84	0.82	0.38	0.86	0.57	-0.33	0.02	0.05	0.51	-0.19	-0.33
Total Stockholder Equity	0.98	0.65	0.64		0.83	-0.11	0.94	0.2	0.67	0.82	0.99	-0.32	0.21	0.63	0.98	0.31	0.82	0.2	0.63	0.47	0.27	-0.01	-0.66	0.56	0.03	-0.34
Cash	0.8	0.54	0.51	0.83		0.04	0.72	0.09	0.52	0.89	0.83	-0.61	0.38	0.52	0.87	0.17	0.67	-0.17	0.35	0.07	0.14	0.3	-0.63	0.37	-0.08	-0.34
Long Term Debt	-0.17	0.1	-0.4	-0.11	0.04		-0.12	-0.08	-0.4	0.14	-0.1	-0.34	-0.47	-0.38	0.01	-0.28	-0.42	-0.69	-0.42	-0.34	0.1	0.37	-0.54	-0.48	0.17	-0.05
Net Receivables	0.97	0.5	0.79	0.94	0.72	-0.12		0.3	0.81	0.71	0.95	-0.24	0.09	0.7	0.91	0.57	0.86	0.26	0.79	0.59	0.07	0.01	-0.52	0.53	0.03	-0.41
Other Current Assets	0.23	-0.19	0.24	0.2	0.09	-0.08	0.3		0.25	0.01	0.21	0.0	0.05	0.27	0.2	0.47	0.28	0.15	0.34	0.04	-0.23	0.08	0.0	0.3	0.03	-0.94
Total Liab	0.81	0.12	1.0	0.67	0.52	-0.4	0.81	0.25		0.52	0.69	-0.2	0.15	0.92	0.62	0.82	0.85	0.38	0.88	0.59	-0.3	0.02	0.02	0.53	-0.14	-0.33
Common Stock	0.8	0.49	0.5	0.82	0.89	0.14	0.71	0.01	0.52		0.81	-0.54	0.22	0.6	0.88	0.09	0.64	-0.22	0.44	0.11	0.31	0.33	-0.69	0.39	0.15	-0.26
Property Plant Equipment	0.98	0.65	0.67	0.99	0.83	-0.1	0.95	0.21	0.69	0.81		-0.32	0.15	0.65	0.97	0.34	0.85	0.19	0.65	0.51	0.2	-0.01	-0.64	0.51	0.07	-0.34
Other Liab	-0.31	-0.2	-0.21	-0.32	-0.61	-0.34	-0.24	0.0	-0.2	-0.54	-0.32		-0.17	-0.23	-0.43	-0.11	-0.3	0.59	0.04	0.13	0.19	-0.64	0.36	0.02	0.0	0.24
Other Assets	0.2	-0.02	0.17	0.21	0.38	-0.47	0.09	0.05	0.15	0.22	0.15	-0.17		0.08	0.17	0.02	0.12	0.28	0.09	-0.09	0.1	-0.16	0.01	0.31	-0.54	-0.09
Inventory	0.75	0.05	0.91	0.63	0.52	-0.38	0.7	0.27	0.92	0.6	0.65	-0.23	0.08		0.61	0.67	0.82	0.28	0.78	0.4	-0.22	0.11	0.01	0.57	0.0	-0.39
Retained Earnings	0.95	0.66	0.6	0.98	0.87	0.01	0.91	0.2	0.62	0.88	0.97	-0.43	0.17	0.61		0.27	0.8	0.04	0.56	0.38	0.28	0.14	-0.72	0.52	0.08	-0.38
Short Long Term Debt Total	0.48	-0.24	0.84	0.31	0.17	-0.28	0.57	0.47	0.82	0.09	0.34	-0.11	0.02	0.67	0.27		0.55	0.35	0.72	0.49	-0.62	0.04	0.27	0.3	-0.25	-0.47
Property Plant And Equipment Net	0.88	0.45	0.82	0.82	0.67	-0.42	0.86	0.28	0.85	0.64	0.85	-0.3	0.12	0.82	0.8	0.55		0.22	0.77	0.59	-0.11	0.14	-0.22	0.56	0.18	-0.37
Net Debt	0.26	-0.08	0.38	0.2	-0.17	-0.69	0.26	0.15	0.38	-0.22	0.19	0.59	0.28	0.28	0.04	0.35	0.22		0.48	0.52	0.02	-0.84	0.3	0.39	-0.38	0.05
Accounts Payable	0.74	0.05	0.86	0.63	0.35	-0.42	0.79	0.34	0.88	0.44	0.65	0.04	0.09	0.78	0.56	0.72	0.77	0.48		0.57	-0.07	-0.09	-0.04	0.62	0.08	-0.34
Non Current Assets Total	0.53	0.43	0.57	0.47	0.07	-0.34	0.59	0.04	0.59	0.11	0.51	0.13	-0.09	0.4	0.38	0.49	0.59	0.52	0.57		-0.23	-0.43	-0.01	0.07	0.06	0.06
Non Currrent Assets Other	0.13	0.41	-0.33	0.27	0.14	0.1	0.07	-0.23	-0.3	0.31	0.2	0.19	0.1	-0.22	0.28	-0.62	-0.11	0.02	-0.07	-0.23		-0.11	-0.57	0.39	0.13	0.19
Cash And Short Term Investments	0.0	-0.04	0.02	-0.01	0.3	0.37	0.01	0.08	0.02	0.33	-0.01	-0.64	-0.16	0.11	0.14	0.04	0.14	-0.84	-0.09	-0.43	-0.11		-0.14	0.06	0.35	-0.31
Common Stock Shares Outstanding	-0.53	-0.65	0.05	-0.66	-0.63	-0.54	-0.52	0.0	0.02	-0.69	-0.64	0.36	0.01	0.01	-0.72	0.27	-0.22	0.3	-0.04	-0.01	-0.57	-0.14		-0.1	-0.21	0.16
Short Term Investments	0.58	0.09	0.51	0.56	0.37	-0.48	0.53	0.3	0.53	0.39	0.51	0.02	0.31	0.57	0.52	0.3	0.56	0.39	0.62	0.07	0.39	0.06	-0.1		-0.04	-0.35
Non Current Liabilities Total	-0.02	0.12	-0.19	0.03	-0.08	0.17	0.03	0.03	-0.14	0.15	0.07	0.0	-0.54	0.0	0.08	-0.25	0.18	-0.38	0.08	0.06	0.13	0.35	-0.21	-0.04		0.0
Other Stockholder Equity	-0.37	0.08	-0.33	-0.34	-0.34	-0.05	-0.41	-0.94	-0.33	-0.26	-0.34	0.24	-0.09	-0.39	-0.38	-0.47	-0.37	0.05	-0.34	0.06	0.19	-0.31	0.16	-0.35	0.0

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Kewal Kiran Account Relationship Matchups

Kewal Kiran fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4B	5.8B	7.4B	8.2B	8.4B	8.8B
Other Current Liab	29.2M	609.1M	71.2M	371.6M	876.7M	920.5M
Total Current Liabilities	1.8B	1.4B	2.6B	2.6B	1.4B	1.1B
Total Stockholder Equity	4.5B	4.3B	4.8B	5.5B	6.8B	7.1B
Cash	797.1M	1.7B	2.0B	1.7B	2.2B	2.3B
Net Receivables	1.7B	1.3B	1.7B	1.8B	2.1B	2.2B
Other Current Assets	1.8B	114.0M	163.9M	177.6M	268.5M	168.3M
Total Liab	1.9B	1.5B	2.6B	2.7B	1.6B	1.2B
Property Plant Equipment	838.0M	818.0M	853.1M	1.1B	1.3B	1.3B
Other Liab	68.8M	66.2M	29.5M	650K	747.5K	710.1K
Other Assets	81.9M	90.0M	171.9M	29.2M	115.9M	62.1M
Inventory	900.3M	505.7M	1.1B	1.7B	820.1M	522.6M
Retained Earnings	2.6B	2.4B	2.9B	3.6B	4.5B	4.8B
Short Long Term Debt Total	917.1M	498.6M	818.8M	659.9M	197.0M	187.2M
Property Plant And Equipment Net	855.9M	818.0M	853.7M	1.1B	1.2B	685.1M
Net Debt	120.0M	(1.2B)	(1.1B)	(1.0B)	(2.0B)	(1.9B)
Accounts Payable	498.0M	258.4M	534.3M	481.0M	436.2M	324.1M
Non Current Assets Total	1.5B	1.1B	1.2B	1.6B	1.5B	1.3B
Non Currrent Assets Other	(3.3M)	1K	57.6M	140.6M	1.6B	1.7B
Cash And Short Term Investments	2.2B	2.8B	3.1B	3.0B	3.7B	2.0B
Short Term Investments	1.4B	1.1B	1.2B	1.3B	1.6B	826.7M
Liabilities And Stockholders Equity	6.4B	5.8B	7.4B	8.2B	8.4B	5.0B
Non Current Liabilities Total	100.4M	60.6M	44.5M	129.3M	186.3M	99.3M
Other Stockholder Equity	(3.6B)	842.7M	312.9M	332.9M	349.7M	332.2M
Total Current Assets	4.9B	4.7B	6.2B	6.6B	6.8B	3.8B
Accumulated Other Comprehensive Income	(212.5M)	958.9M	974.3M	954.3M	1.2B	1.3B
Intangible Assets	3.0M	1.6M	2.8M	2.5M	2.0M	1.9M
Current Deferred Revenue	394.6M	475.3M	1.2B	1.2B	42.9M	40.7M
Short Term Debt	882.9M	467.4M	774.9M	531.2M	54.6M	51.9M
Short Long Term Debt	880.1M	464.4M	766M	508.2M	24.8M	23.6M
Net Tangible Assets	4.5B	4.3B	4.8B	5.5B	6.3B	4.7B
Long Term Debt Total	34.2M	31.1M	43.9M	128.7M	148.0M	155.4M
Net Invested Capital	5.3B	4.8B	5.5B	6.0B	6.8B	6.0B
Net Working Capital	3.1B	3.3B	3.6B	4.0B	5.4B	3.6B

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Kewal Operating Income vs Ebit Analysis

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

Correlation Coefficient

Operating Income

Ebit

Kewal Kiran fundamental ratios Correlations

Kewal Kiran Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kewal Kiran fundamental ratios Accounts

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Additional Tools for Kewal Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Net Receivables	+ 0.97	Total Assets

Other Stockholder Equity	- 0.94	Other Current Assets
Cash And Short Term Investments	- 0.84	Net Debt
Common Stock Shares Outstanding	- 0.72	Retained Earnings
Common Stock Shares Outstanding	- 0.69	Common Stock
Net Debt	- 0.69	Long Term Debt
Common Stock Shares Outstanding	- 0.66	Total Stockholder Equity