Kaiser Begin Period Cash Flow vs Change To Liabilities Analysis

KALU Stock

USD 92.08 1.06 1.16%

Kaiser Aluminum financial indicator trend analysis is infinitely more than just investigating Kaiser Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaiser Aluminum is a good investment. Please check the relationship between Kaiser Aluminum Begin Period Cash Flow and its Change To Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.

Begin Period Cash Flow vs Change To Liabilities

Begin Period Cash Flow vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaiser Aluminum Begin Period Cash Flow account and Change To Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kaiser Aluminum's Begin Period Cash Flow and Change To Liabilities is 0.62. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Kaiser Aluminum, assuming nothing else is changed. The correlation between historical values of Kaiser Aluminum's Begin Period Cash Flow and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Kaiser Aluminum are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Begin Period Cash Flow i.e., Kaiser Aluminum's Begin Period Cash Flow and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change To Liabilities

Most indicators from Kaiser Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaiser Aluminum 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 Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.At this time, Kaiser Aluminum's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 17.40 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	49.5M	48.3M	43.9M	46.1M
Depreciation And Amortization	91.5M	106.9M	108.6M	114.0M

Interest Expense Depreciation And Amortization

Kaiser Aluminum fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue
Common Stock Shares Outstanding		0.21	0.04	0.74	0.5	-0.5	0.24	0.16	0.39	0.1	-0.25	0.41	0.21	-0.31	-0.14	0.84	0.23	0.45	-0.02	-0.59	0.32	0.0	-0.04	0.85	-0.01	0.98
Total Assets	0.21		0.8	0.31	0.76	-0.35	0.82	0.67	-0.01	0.77	0.18	0.86	0.17	0.01	0.66	0.17	0.85	0.79	-0.05	-0.48	0.88	0.51	0.87	0.18	-0.2	0.23
Short Long Term Debt Total	0.04	0.8		0.37	0.63	-0.57	0.81	0.86	-0.34	0.88	0.2	0.66	0.01	0.0	0.88	0.31	0.96	0.67	-0.25	-0.54	0.94	0.85	0.71	0.31	-0.25	0.06
Other Current Liab	0.74	0.31	0.37		0.79	-0.73	0.49	0.51	0.11	0.45	-0.29	0.41	-0.11	-0.41	0.27	0.81	0.43	0.59	0.14	-0.72	0.56	0.4	0.13	0.81	0.02	0.68
Total Current Liabilities	0.5	0.76	0.63	0.79		-0.55	0.74	0.72	0.07	0.76	-0.21	0.78	0.03	-0.38	0.59	0.52	0.67	0.84	0.24	-0.6	0.81	0.5	0.53	0.52	-0.02	0.46
Total Stockholder Equity	-0.5	-0.35	-0.57	-0.73	-0.55		-0.75	-0.63	0.34	-0.62	0.16	-0.34	0.17	0.34	-0.53	-0.61	-0.67	-0.67	0.49	0.91	-0.69	-0.56	-0.27	-0.62	0.16	-0.47
Property Plant And Equipment Net	0.24	0.82	0.81	0.49	0.74	-0.75		0.8	-0.32	0.86	-0.05	0.7	-0.09	-0.25	0.8	0.25	0.88	0.89	-0.37	-0.77	0.91	0.66	0.72	0.26	-0.2	0.23
Net Debt	0.16	0.67	0.86	0.51	0.72	-0.63	0.8		-0.47	0.92	-0.32	0.76	0.0	-0.48	0.89	0.43	0.85	0.83	-0.22	-0.49	0.87	0.9	0.4	0.42	-0.16	0.17
Retained Earnings	0.39	-0.01	-0.34	0.11	0.07	0.34	-0.32	-0.47		-0.43	0.28	-0.08	-0.01	0.37	-0.49	0.15	-0.3	-0.27	0.41	-0.03	-0.22	-0.53	0.06	0.15	0.16	0.41
Accounts Payable	0.1	0.77	0.88	0.45	0.76	-0.62	0.86	0.92	-0.43		-0.14	0.75	0.02	-0.35	0.94	0.33	0.89	0.82	-0.2	-0.54	0.91	0.79	0.58	0.32	-0.23	0.11
Cash	-0.25	0.18	0.2	-0.29	-0.21	0.16	-0.05	-0.32	0.28	-0.14		-0.24	0.02	0.92	-0.09	-0.23	0.15	-0.36	-0.04	-0.05	0.06	-0.14	0.54	-0.23	-0.14	-0.23
Non Current Assets Total	0.41	0.86	0.66	0.41	0.78	-0.34	0.7	0.76	-0.08	0.75	-0.24		0.32	-0.41	0.6	0.4	0.75	0.87	0.02	-0.35	0.81	0.56	0.48	0.41	-0.24	0.44
Non Currrent Assets Other	0.21	0.17	0.01	-0.11	0.03	0.17	-0.09	0.0	-0.01	0.02	0.02	0.32		-0.06	-0.07	0.14	0.08	0.09	0.14	0.23	0.07	-0.03	-0.02	0.15	-0.02	0.14
Cash And Short Term Investments	-0.31	0.01	0.0	-0.41	-0.38	0.34	-0.25	-0.48	0.37	-0.35	0.92	-0.41	-0.06		-0.27	-0.33	-0.07	-0.55	-0.02	0.1	-0.16	-0.31	0.41	-0.33	0.05	-0.29
Net Receivables	-0.14	0.66	0.88	0.27	0.59	-0.53	0.8	0.89	-0.49	0.94	-0.09	0.6	-0.07	-0.27		0.15	0.83	0.68	-0.29	-0.44	0.82	0.83	0.55	0.14	-0.22	-0.13
Common Stock Total Equity	0.84	0.17	0.31	0.81	0.52	-0.61	0.25	0.43	0.15	0.33	-0.23	0.4	0.14	-0.33	0.15		0.41	0.42	-0.08	-0.59	0.47	0.36	-0.1	1.0	-0.08	0.84
Non Current Liabilities Total	0.23	0.85	0.96	0.43	0.67	-0.67	0.88	0.85	-0.3	0.89	0.15	0.75	0.08	-0.07	0.83	0.41		0.78	-0.37	-0.67	0.98	0.78	0.71	0.41	-0.29	0.25
Inventory	0.45	0.79	0.67	0.59	0.84	-0.67	0.89	0.83	-0.27	0.82	-0.36	0.87	0.09	-0.55	0.68	0.42	0.78		-0.17	-0.62	0.85	0.59	0.49	0.42	-0.18	0.44
Other Current Assets	-0.02	-0.05	-0.25	0.14	0.24	0.49	-0.37	-0.22	0.41	-0.2	-0.04	0.02	0.14	-0.02	-0.29	-0.08	-0.37	-0.17		0.45	-0.23	-0.23	-0.11	-0.08	0.3	-0.08
Other Stockholder Equity	-0.59	-0.48	-0.54	-0.72	-0.6	0.91	-0.77	-0.49	-0.03	-0.54	-0.05	-0.35	0.23	0.1	-0.44	-0.59	-0.67	-0.62	0.45		-0.7	-0.4	-0.47	-0.6	0.12	-0.58
Total Liab	0.32	0.88	0.94	0.56	0.81	-0.69	0.91	0.87	-0.22	0.91	0.06	0.81	0.07	-0.16	0.82	0.47	0.98	0.85	-0.23	-0.7		0.76	0.72	0.47	-0.24	0.33
Property Plant And Equipment Gross	0.0	0.51	0.85	0.4	0.5	-0.56	0.66	0.9	-0.53	0.79	-0.14	0.56	-0.03	-0.31	0.83	0.36	0.78	0.59	-0.23	-0.4	0.76		0.31	0.35	-0.22	0.01
Total Current Assets	-0.04	0.87	0.71	0.13	0.53	-0.27	0.72	0.4	0.06	0.58	0.54	0.48	-0.02	0.41	0.55	-0.1	0.71	0.49	-0.11	-0.47	0.72	0.31		-0.09	-0.1	-0.03
Common Stock	0.85	0.18	0.31	0.81	0.52	-0.62	0.26	0.42	0.15	0.32	-0.23	0.41	0.15	-0.33	0.14	1.0	0.41	0.42	-0.08	-0.6	0.47	0.35	-0.09		-0.08	0.85
Short Term Debt	-0.01	-0.2	-0.25	0.02	-0.02	0.16	-0.2	-0.16	0.16	-0.23	-0.14	-0.24	-0.02	0.05	-0.22	-0.08	-0.29	-0.18	0.3	0.12	-0.24	-0.22	-0.1	-0.08		-0.07
Current Deferred Revenue	0.98	0.23	0.06	0.68	0.46	-0.47	0.23	0.17	0.41	0.11	-0.23	0.44	0.14	-0.29	-0.13	0.84	0.25	0.44	-0.08	-0.58	0.33	0.01	-0.03	0.85	-0.07

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Kaiser Aluminum Account Relationship Matchups

Kaiser Aluminum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	16.2M	15.9M	15.8M	15.9M	16.1M	15.3M
Total Assets	1.5B	1.9B	2.4B	2.3B	2.3B	1.6B
Short Long Term Debt Total	517.8M	863.7M	1.1B	1.1B	1.1B	1.1B
Other Current Liab	78.4M	72.2M	105.3M	113.6M	117.3M	150.7M
Total Current Liabilities	170.4M	158.3M	456.7M	418.7M	370M	290.4M
Total Stockholder Equity	733.9M	732.4M	692.5M	631.2M	652.2M	684.8M
Property Plant And Equipment Net	647.8M	653.7M	1.0B	1.1B	1.1B	590.2M
Net Debt	253.5M	83.4M	773.9M	1.0B	996.7M	1.0B
Retained Earnings	172.8M	158.2M	93M	13.3M	10.1M	10.6M
Accounts Payable	92M	86.1M	351.4M	305.1M	252.7M	265.3M
Cash	264.3M	780.3M	303.2M	57.4M	82.4M	112.4M
Non Current Assets Total	746.4M	743.3M	1.2B	1.2B	1.3B	1.0B
Non Currrent Assets Other	22.5M	44.1M	89.7M	96.1M	98.7M	93.8M
Cash And Short Term Investments	343M	780.3M	303.2M	57.4M	82.4M	141.1M
Net Receivables	239.8M	160.5M	448.9M	429.3M	396.1M	415.9M
Liabilities And Stockholders Equity	1.5B	1.9B	2.4B	2.3B	2.3B	1.6B
Non Current Liabilities Total	621.9M	974M	1.3B	1.2B	1.2B	1.1B
Inventory	177.6M	152M	404.6M	525.4M	477.2M	253.1M
Other Current Assets	19.4M	28.6M	48.7M	30.5M	34.5M	50.9M
Other Stockholder Equity	599.5M	592.7M	603M	614.5M	628.8M	747.2M
Total Liab	792.3M	1.1B	1.7B	1.7B	1.6B	1.4B
Property Plant And Equipment Gross	646.2M	653.7M	1.0B	1.1B	1.7B	1.8B
Total Current Assets	779.8M	1.1B	1.2B	1.0B	990.2M	580.3M
Accumulated Other Comprehensive Income	(38.6M)	(18.7M)	(3.7M)	3.2M	13.1M	13.8M
Other Liab	98.7M	110.3M	196.1M	160.4M	144.4M	137.1M
Other Assets	51.8M	44.1M	108.6M	120M	108M	102.6M
Long Term Debt	492.6M	838.1M	1.0B	1.0B	1.0B	1.1B
Property Plant Equipment	622M	627.2M	1.0B	1.0B	1.2B	619.1M
Intangible Assets	29.6M	26.7M	67.7M	55.3M	50M	32.5M
Treasury Stock	(358.6M)	(420.5M)	(463.4M)	(475.9M)	(428.3M)	(406.9M)
Net Tangible Assets	685.5M	686.9M	585.5M	557.1M	501.4M	614.8M
Retained Earnings Total Equity	172.8M	158.2M	93M	13.3M	12.0M	11.4M
Long Term Debt Total	492.6M	838.1M	1.0B	1.0B	1.2B	1.3B
Capital Surpluse	1.1B	1.1B	1.1B	1.1B	1.3B	1.1B

Pair Trading with Kaiser Aluminum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kaiser Aluminum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kaiser Aluminum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kaiser Stock

0.81	AU	AngloGold Ashanti plc Financial Report 28th of June 2024	Pair Corr
0.85	DC	Dakota Gold Corp	Pair Corr
0.94	AEM	Agnico Eagle Mines	Pair Corr

Moving against Kaiser Stock

0.68	PFH	Prudential Financial 4125	Pair Corr
0.65	X	United States Steel	Pair Corr
0.52	ASIX	AdvanSix	Pair Corr
0.45	BAK	Braskem SA Class	Pair Corr
0.41	ODV	Osisko Development Corp	Pair Corr

The ability to find closely correlated positions to Kaiser Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaiser Aluminum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kaiser Aluminum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kaiser Aluminum to buy it.

The correlation of Kaiser Aluminum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kaiser Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kaiser Aluminum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kaiser Aluminum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Kaiser Stock Analysis

When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.

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