Kewal Total Current Liabilities vs Retained Earnings 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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kewal Kiran Clothing Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kewal Kiran's Total Current Liabilities and Retained Earnings is 0.6. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Kewal Kiran Clothing are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Kewal Kiran's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Kewal Kiran balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kewal Kiran Clothing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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
Click cells to compare fundamentals

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

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 Kewal Stock Analysis

When running Kewal Kiran's price analysis, check to 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.