Koss Retained Earnings vs Non Currrent Assets Other Analysis

KOSS Stock

USD 7.24 0.05 0.69%

Koss financial indicator trend analysis is infinitely more than just investigating Koss recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koss is a good investment. Please check the relationship between Koss Retained Earnings and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koss Corporation. 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Koss Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.

The correlation between Koss' Retained Earnings and Non Currrent Assets Other is 0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Koss Corporation, assuming nothing else is changed. The correlation between historical values of Koss' Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Koss Corporation are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Koss' Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Koss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koss 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 Koss Corporation. 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.

Selling General Administrative is likely to drop to about 91.2 K in 2024. Tax Provision is likely to gain to about (69.9 K) in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.7M	29.4M	6.1M	9.7M
Cost Of Revenue	11.0M	8.6M	8.1M	15.7M

Total Operating Expenses Cost Of Revenue

Koss fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Accounts Payable	Property Plant And Equipment Gross	Other Liab	Other Assets	Common Stock Total Equity
Total Assets		0.53	0.1	0.12	0.95	0.63	-0.24	0.89	0.26	0.68	0.6	0.14	-0.46	0.59	0.4	0.31	0.6	0.44	0.94	0.31	0.5	-0.03	0.58	0.45	-0.08	0.8
Short Long Term Debt Total	0.53		-0.06	0.22	0.47	0.13	-0.11	0.54	0.02	0.47	-0.01	0.24	-0.88	0.22	0.68	0.25	0.68	0.32	0.4	0.1	0.65	0.38	0.05	0.54	0.5	0.57
Other Current Liab	0.1	-0.06		0.89	-0.16	-0.28	0.07	0.2	-0.35	-0.27	-0.42	0.88	0.11	-0.34	0.5	0.27	-0.31	0.74	0.2	-0.54	-0.22	0.57	-0.37	0.45	-0.02	-0.35
Total Current Liabilities	0.12	0.22	0.89		-0.17	-0.3	0.07	0.24	-0.43	-0.14	-0.55	0.88	-0.2	-0.35	0.65	0.47	-0.19	0.84	0.13	-0.59	0.05	0.83	-0.49	0.67	0.17	-0.28
Total Stockholder Equity	0.95	0.47	-0.16	-0.17		0.63	-0.23	0.82	0.33	0.66	0.72	-0.11	-0.39	0.62	0.2	0.18	0.71	0.13	0.87	0.42	0.48	-0.24	0.67	0.23	-0.08	0.85
Property Plant And Equipment Net	0.63	0.13	-0.28	-0.3	0.63		-0.46	0.28	0.72	0.5	0.65	-0.35	-0.09	0.97	-0.06	-0.1	0.1	0.16	0.54	0.67	0.42	-0.42	0.72	0.06	-0.22	0.7
Net Debt	-0.24	-0.11	0.07	0.07	-0.23	-0.46		0.06	-0.83	-0.12	-0.14	0.16	0.03	-0.41	-0.25	-0.15	-0.25	-0.09	-0.21	-0.35	-0.18	0.15	-0.26	-0.03	-0.22	-0.53
Retained Earnings	0.89	0.54	0.2	0.24	0.82	0.28	0.06		-0.15	0.7	0.49	0.25	-0.51	0.23	0.46	0.41	0.58	0.45	0.86	0.08	0.34	0.15	0.43	0.46	-0.12	0.56
Cash	0.26	0.02	-0.35	-0.43	0.33	0.72	-0.83	-0.15		0.14	0.42	-0.42	0.08	0.71	-0.1	-0.16	0.19	-0.13	0.24	0.63	0.21	-0.54	0.53	-0.17	0.0	0.63
Non Current Assets Total	0.68	0.47	-0.27	-0.14	0.66	0.5	-0.12	0.7	0.14		0.5	-0.14	-0.61	0.48	0.27	0.16	0.48	0.26	0.52	0.48	0.55	-0.04	0.52	0.43	-0.2	0.64
Cash And Short Term Investments	0.6	-0.01	-0.42	-0.55	0.72	0.65	-0.14	0.49	0.42	0.5		-0.54	0.08	0.59	-0.31	0.01	0.32	-0.16	0.69	0.59	0.02	-0.68	0.92	-0.3	-0.5	0.64
Net Receivables	0.14	0.24	0.88	0.88	-0.11	-0.35	0.16	0.25	-0.42	-0.14	-0.54		-0.26	-0.3	0.65	0.24	-0.07	0.73	0.16	-0.53	0.0	0.63	-0.51	0.68	0.19	-0.24
Common Stock Shares Outstanding	-0.46	-0.88	0.11	-0.2	-0.39	-0.09	0.03	-0.51	0.08	-0.61	0.08	-0.26		-0.21	-0.6	-0.31	-0.62	-0.34	-0.27	-0.17	-0.74	-0.38	0.12	-0.72	-0.51	-0.51
Non Current Liabilities Total	0.59	0.22	-0.34	-0.35	0.62	0.97	-0.41	0.23	0.71	0.48	0.59	-0.3	-0.21		-0.05	-0.18	0.17	0.11	0.49	0.71	0.51	-0.45	0.62	0.13	-0.09	0.73
Inventory	0.4	0.68	0.5	0.65	0.2	-0.06	-0.25	0.46	-0.1	0.27	-0.31	0.65	-0.6	-0.05		0.24	0.34	0.67	0.34	-0.31	0.39	0.68	-0.18	0.65	0.48	0.28
Other Current Assets	0.31	0.25	0.27	0.47	0.18	-0.1	-0.15	0.41	-0.16	0.16	0.01	0.24	-0.31	-0.18	0.24		0.24	0.44	0.34	-0.21	0.04	0.37	-0.06	0.37	0.05	0.13
Other Stockholder Equity	0.6	0.68	-0.31	-0.19	0.71	0.1	-0.25	0.58	0.19	0.48	0.32	-0.07	-0.62	0.17	0.34	0.24		-0.14	0.5	0.18	0.5	-0.04	0.26	0.24	0.33	0.74
Total Liab	0.44	0.32	0.74	0.84	0.13	0.16	-0.09	0.45	-0.13	0.26	-0.16	0.73	-0.34	0.11	0.67	0.44	-0.14		0.45	-0.21	0.22	0.59	-0.08	0.76	-0.03	0.08
Total Current Assets	0.94	0.4	0.2	0.13	0.87	0.54	-0.21	0.86	0.24	0.52	0.69	0.16	-0.27	0.49	0.34	0.34	0.5	0.45		0.23	0.22	-0.13	0.65	0.29	-0.21	0.72
Short Term Debt	0.31	0.1	-0.54	-0.59	0.42	0.67	-0.35	0.08	0.63	0.48	0.59	-0.53	-0.17	0.71	-0.31	-0.21	0.18	-0.21	0.23		0.34	-0.63	0.52	-0.08	-0.1	0.56
Non Currrent Assets Other	0.5	0.65	-0.22	0.05	0.48	0.42	-0.18	0.34	0.21	0.55	0.02	0.0	-0.74	0.51	0.39	0.04	0.5	0.22	0.22	0.34		0.3	-0.01	0.64	0.47	0.62
Accounts Payable	-0.03	0.38	0.57	0.83	-0.24	-0.42	0.15	0.15	-0.54	-0.04	-0.68	0.63	-0.38	-0.45	0.68	0.37	-0.04	0.59	-0.13	-0.63	0.3		-0.6	0.62	0.4	-0.27
Property Plant And Equipment Gross	0.58	0.05	-0.37	-0.49	0.67	0.72	-0.26	0.43	0.53	0.52	0.92	-0.51	0.12	0.62	-0.18	-0.06	0.26	-0.08	0.65	0.52	-0.01	-0.6		-0.32	-0.57	0.63
Other Liab	0.45	0.54	0.45	0.67	0.23	0.06	-0.03	0.46	-0.17	0.43	-0.3	0.68	-0.72	0.13	0.65	0.37	0.24	0.76	0.29	-0.08	0.64	0.62	-0.32		0.28	0.24
Other Assets	-0.08	0.5	-0.02	0.17	-0.08	-0.22	-0.22	-0.12	0.0	-0.2	-0.5	0.19	-0.51	-0.09	0.48	0.05	0.33	-0.03	-0.21	-0.1	0.47	0.4	-0.57	0.28		0.15
Common Stock Total Equity	0.8	0.57	-0.35	-0.28	0.85	0.7	-0.53	0.56	0.63	0.64	0.64	-0.24	-0.51	0.73	0.28	0.13	0.74	0.08	0.72	0.56	0.62	-0.27	0.63	0.24	0.15

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Koss Account Relationship Matchups

Koss fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.6M	26.3M	30.0M	38.4M	37.2M	26.0M
Short Long Term Debt Total	3.1M	2.3M	3.2M	3.0M	2.8M	2.7M
Other Current Liab	563.7K	1.1M	883.8K	1.1M	162.7K	154.5K
Total Current Liabilities	2.6M	2.1M	2.1M	2.0M	1.3M	1.2M
Total Stockholder Equity	15.2M	19.6M	22.7M	31.5M	31.1M	18.2M
Property Plant And Equipment Net	3.6M	3.6M	4.3M	4.0M	4.0M	2.7M
Net Debt	(910.3K)	(4.6M)	(6.0M)	(66.9K)	(55.7K)	(58.4K)
Retained Earnings	8.2M	8.7M	10.0M	18.3M	17.7M	15.0M
Cash	4.0M	7.0M	9.2M	3.1M	2.8M	2.0M
Non Current Assets Total	10.4M	10.8M	10.1M	10.0M	15.3M	16.0M
Cash And Short Term Investments	4.0M	7.0M	9.2M	20.2M	14.9M	15.7M
Net Receivables	2.3M	2.2M	1.8M	1.5M	1.4M	1.3M
Common Stock Shares Outstanding	7.4M	9.6M	10.0M	9.8M	9.3M	8.3M
Liabilities And Stockholders Equity	22.6M	26.3M	30.0M	38.4M	37.2M	26.0M
Non Current Liabilities Total	4.8M	4.7M	5.1M	4.9M	4.8M	3.4M
Inventory	5.5M	5.9M	8.6M	6.4M	4.5M	6.5M
Other Current Assets	267.6K	912.0K	377.0K	1.0M	1.1M	1.1M
Other Stockholder Equity	6.9M	10.8M	12.7M	13.1M	13.4M	9.6M
Total Liab	7.4M	6.7M	7.3M	6.9M	6.1M	7.8M
Total Current Assets	12.1M	15.5M	19.9M	28.4M	21.9M	19.1M
Short Term Debt	783.6K	577.9K	447.1K	472.5K	479.4K	510.1K
Non Currrent Assets Other	6.9M	7.2M	5.7M	6.0M	6.3M	3.7M
Accounts Payable	827.7K	398.4K	796.2K	267.5K	329.8K	313.3K
Property Plant And Equipment Gross	3.6M	3.6M	12.1M	11.8M	11.2M	11.8M
Other Liab	2.5M	2.7M	2.1M	2.1M	2.4M	2.3M
Other Assets	6.9M	7.2M	5.7M	6.0M	1.0	0.95
Property Plant Equipment	3.6M	3.6M	4.3M	953.9K	1.1M	1.0M
Net Tangible Assets	15.2M	18.9M	22.7M	31.5M	36.2M	20.5M
Retained Earnings Total Equity	8.8M	8.2M	8.7M	18.3M	16.5M	9.7M
Capital Surpluse	6.2M	6.9M	10.8M	13.1M	15.1M	15.8M
Non Current Liabilities Other	2.7M	2.5M	4.7M	4.9M	5.6M	5.9M
Current Deferred Revenue	440.0K	695.6K	574.4K	732.1K	289.9K	423.0K
Net Invested Capital	15.7M	19.6M	22.7M	31.5M	31.1M	23.1M

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