Kinsale Total Other Income Expense Net vs Tax Provision Analysis
| KNSL Stock | USD 503.08 18.89 3.62% |
Kinsale Capital financial indicator trend analysis is infinitely more than just investigating Kinsale Capital Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinsale Capital Group is a good investment. Please check the relationship between Kinsale Capital Total Other Income Expense Net and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Other Income Expense Net vs Tax Provision
Total Other Income Expense Net vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinsale Capital Group Total Other Income Expense Net account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kinsale Capital's Total Other Income Expense Net and Tax Provision is -0.21. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kinsale Capital Group, assuming nothing else is changed. The correlation between historical values of Kinsale Capital's Total Other Income Expense Net and Tax Provision 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 Other Income Expense Net of Kinsale Capital Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Other Income Expense Net i.e., Kinsale Capital's Total Other Income Expense Net and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Other Income Expense Net
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from Kinsale Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinsale Capital Group 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 Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Kinsale Capital's Tax Provision is quite stable compared to the past year. Enterprise Value is expected to rise to about 7.3 B this year, although the value of Selling General Administrative will most likely fall to about 616.5 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 639.8M | 819.2M | 1.2B | 1.3B | Total Revenue | 639.8M | 819.2M | 1.2B | 1.3B |
Kinsale Capital fundamental ratios Correlations
Click cells to compare fundamentals
Kinsale Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinsale Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 22.1M | 22.9M | 23.1M | 23.1M | 23.3M | 24.2M | |
| Total Assets | 1.1B | 1.5B | 2.0B | 2.7B | 3.8B | 4.0B | |
| Other Current Liab | (36.3M) | (26.3M) | (39.4M) | (66.3M) | (95.7M) | (90.9M) | |
| Total Current Liabilities | 36.3M | 68.9M | 82.1M | 63.4M | 1.5B | 1.6B | |
| Total Stockholder Equity | 405.9M | 576.2M | 699.3M | 745.4M | 1.1B | 1.1B | |
| Other Liab | 577K | 4.8M | 15.2M | 162K | 145.8K | 138.5K | |
| Net Tangible Assets | 402.3M | 572.7M | 695.8M | 741.9M | 853.2M | 895.9M | |
| Net Debt | (83.7M) | (34.5M) | (78.3M) | 39.5M | 57.2M | 60.0M | |
| Retained Earnings | 162.9M | 243.3M | 385.9M | 533.1M | 828.2M | 869.7M | |
| Accounts Payable | 19.5M | 26.3M | 39.4M | 63.4M | 92.5M | 97.1M | |
| Cash | 100.4M | 77.1M | 121.0M | 156.3M | 126.7M | 92.1M | |
| Non Current Assets Total | 834.0M | 1.3B | 1.6B | 2.0B | 3.6B | 3.8B | |
| Non Currrent Assets Other | (3.4M) | (4.6M) | (2.1M) | (57.0M) | 3.6B | 3.8B | |
| Other Assets | (680.4M) | (1.0B) | (1.3B) | (1.5B) | (391.0M) | (410.6M) | |
| Cash And Short Term Investments | 829.9M | 1.2B | 1.5B | 2.0B | 126.7M | 120.4M | |
| Net Receivables | 107.1M | 141.9M | 194.0M | 326.2M | 391.0M | 410.6M | |
| Common Stock Total Equity | 212K | 222K | 228K | 231K | 265.7K | 188.6K | |
| Short Term Investments | 729.5M | 1.1B | 1.4B | 1.8B | 197.4M | 187.5M | |
| Liabilities And Stockholders Equity | 1.1B | 1.5B | 2.0B | 2.7B | 3.8B | 4.0B | |
| Non Current Liabilities Total | 16.7M | 4.6M | 424.5M | 63.4M | 921.8M | 967.9M | |
| Other Current Assets | 150.4M | 150.9M | 211.6M | 42.9M | 489.0M | 513.4M | |
| Other Stockholder Equity | 229.2M | 291.3M | 295.0M | 347.0M | 353.0M | 235.7M | |
| Total Liab | 684.7M | 970.7M | 82.1M | 2.0B | 2.7B | 2.8B | |
| Long Term Investments | 807.8M | 1.2B | 1.6B | 2.0B | 3.0B | 3.1B | |
| Total Current Assets | 937.0M | 1.3B | 1.7B | 2.3B | 517.7M | 983.1M | |
| Accumulated Other Comprehensive Income | 13.5M | 41.4M | 18.1M | (134.9M) | (94.6M) | (89.9M) | |
| Common Stock | 212K | 222K | 228K | 231K | 232K | 195.3K | |
| Property Plant And Equipment Net | 22.6M | 46.2M | 49.3M | 53.5M | 63.4M | 49.7M | |
| Capital Surpluse | 229.2M | 291.3M | 295.0M | 347.0M | 399.1M | 235.1M | |
| Retained Earnings Total Equity | 162.9M | 243.3M | 385.9M | 533.1M | 613.1M | 643.7M | |
| Non Current Liabilities Other | 655.6M | 909.8M | 1.3B | 1.8B | 2.0B | 2.1B | |
| Property Plant Equipment | 22.6M | 46.2M | 49.3M | 53.5M | 61.5M | 64.6M | |
| Net Invested Capital | 422.6M | 618.8M | 42.7M | 195.7M | 1.3B | 1.3B |
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinsale Capital. If investors know Kinsale will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinsale Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.503 | Dividend Share 0.59 | Earnings Share 17.51 | Revenue Per Share 65.998 | Quarterly Revenue Growth 0.33 |
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.