Kaiser Non Operating Income Net Other vs Tax Provision Analysis

KALU Stock  USD 98.69  1.12  1.15%   
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 Non Operating Income Net Other and its Tax Provision 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 tightly coupled 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.

Non Operating Income Net Other vs Tax Provision

Non Operating Income Net Other vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaiser Aluminum Non Operating Income Net Other account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kaiser Aluminum's Non Operating Income Net Other and Tax Provision is -0.26. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Tax Provision 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 Non Operating Income Net Other 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 Non Operating Income Net Other of Kaiser Aluminum 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 Non Operating Income Net Other i.e., Kaiser Aluminum's Non Operating Income Net Other and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

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 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 tightly coupled 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 Expense49.5M48.3M43.9M46.1M
Depreciation And Amortization91.5M106.9M108.6M114.0M

Kaiser Aluminum fundamental ratios Correlations

0.210.040.740.5-0.50.240.160.390.1-0.250.410.21-0.31-0.140.840.230.45-0.02-0.590.320.0-0.040.85-0.010.98
0.210.80.310.76-0.350.820.67-0.010.770.180.860.170.010.660.170.850.79-0.05-0.480.880.510.870.18-0.20.23
0.040.80.370.63-0.570.810.86-0.340.880.20.660.010.00.880.310.960.67-0.25-0.540.940.850.710.31-0.250.06
0.740.310.370.79-0.730.490.510.110.45-0.290.41-0.11-0.410.270.810.430.590.14-0.720.560.40.130.810.020.68
0.50.760.630.79-0.550.740.720.070.76-0.210.780.03-0.380.590.520.670.840.24-0.60.810.50.530.52-0.020.46
-0.5-0.35-0.57-0.73-0.55-0.75-0.630.34-0.620.16-0.340.170.34-0.53-0.61-0.67-0.670.490.91-0.69-0.56-0.27-0.620.16-0.47
0.240.820.810.490.74-0.750.8-0.320.86-0.050.7-0.09-0.250.80.250.880.89-0.37-0.770.910.660.720.26-0.20.23
0.160.670.860.510.72-0.630.8-0.470.92-0.320.760.0-0.480.890.430.850.83-0.22-0.490.870.90.40.42-0.160.17
0.39-0.01-0.340.110.070.34-0.32-0.47-0.430.28-0.08-0.010.37-0.490.15-0.3-0.270.41-0.03-0.22-0.530.060.150.160.41
0.10.770.880.450.76-0.620.860.92-0.43-0.140.750.02-0.350.940.330.890.82-0.2-0.540.910.790.580.32-0.230.11
-0.250.180.2-0.29-0.210.16-0.05-0.320.28-0.14-0.240.020.92-0.09-0.230.15-0.36-0.04-0.050.06-0.140.54-0.23-0.14-0.23
0.410.860.660.410.78-0.340.70.76-0.080.75-0.240.32-0.410.60.40.750.870.02-0.350.810.560.480.41-0.240.44
0.210.170.01-0.110.030.17-0.090.0-0.010.020.020.32-0.06-0.070.140.080.090.140.230.07-0.03-0.020.15-0.020.14
-0.310.010.0-0.41-0.380.34-0.25-0.480.37-0.350.92-0.41-0.06-0.27-0.33-0.07-0.55-0.020.1-0.16-0.310.41-0.330.05-0.29
-0.140.660.880.270.59-0.530.80.89-0.490.94-0.090.6-0.07-0.270.150.830.68-0.29-0.440.820.830.550.14-0.22-0.13
0.840.170.310.810.52-0.610.250.430.150.33-0.230.40.14-0.330.150.410.42-0.08-0.590.470.36-0.11.0-0.080.84
0.230.850.960.430.67-0.670.880.85-0.30.890.150.750.08-0.070.830.410.78-0.37-0.670.980.780.710.41-0.290.25
0.450.790.670.590.84-0.670.890.83-0.270.82-0.360.870.09-0.550.680.420.78-0.17-0.620.850.590.490.42-0.180.44
-0.02-0.05-0.250.140.240.49-0.37-0.220.41-0.2-0.040.020.14-0.02-0.29-0.08-0.37-0.170.45-0.23-0.23-0.11-0.080.3-0.08
-0.59-0.48-0.54-0.72-0.60.91-0.77-0.49-0.03-0.54-0.05-0.350.230.1-0.44-0.59-0.67-0.620.45-0.7-0.4-0.47-0.60.12-0.58
0.320.880.940.560.81-0.690.910.87-0.220.910.060.810.07-0.160.820.470.980.85-0.23-0.70.760.720.47-0.240.33
0.00.510.850.40.5-0.560.660.9-0.530.79-0.140.56-0.03-0.310.830.360.780.59-0.23-0.40.760.310.35-0.220.01
-0.040.870.710.130.53-0.270.720.40.060.580.540.48-0.020.410.55-0.10.710.49-0.11-0.470.720.31-0.09-0.1-0.03
0.850.180.310.810.52-0.620.260.420.150.32-0.230.410.15-0.330.141.00.410.42-0.08-0.60.470.35-0.09-0.080.85
-0.01-0.2-0.250.02-0.020.16-0.2-0.160.16-0.23-0.14-0.24-0.020.05-0.22-0.08-0.29-0.180.30.12-0.24-0.22-0.1-0.08-0.07
0.980.230.060.680.46-0.470.230.170.410.11-0.230.440.14-0.29-0.130.840.250.44-0.08-0.580.330.01-0.030.85-0.07
Click cells to compare fundamentals

Kaiser Aluminum Account Relationship Matchups

Kaiser Aluminum fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.2M15.9M15.8M15.9M16.1M15.3M
Total Assets1.5B1.9B2.4B2.3B2.3B1.6B
Short Long Term Debt Total517.8M863.7M1.1B1.1B1.1B1.1B
Other Current Liab78.4M72.2M105.3M113.6M117.3M150.7M
Total Current Liabilities170.4M158.3M456.7M418.7M370M290.4M
Total Stockholder Equity733.9M732.4M692.5M631.2M652.2M684.8M
Property Plant And Equipment Net647.8M653.7M1.0B1.1B1.1B590.2M
Net Debt253.5M83.4M773.9M1.0B996.7M1.0B
Retained Earnings172.8M158.2M93M13.3M10.1M10.6M
Accounts Payable92M86.1M351.4M305.1M252.7M265.3M
Cash264.3M780.3M303.2M57.4M82.4M112.4M
Non Current Assets Total746.4M743.3M1.2B1.2B1.3B1.0B
Non Currrent Assets Other22.5M44.1M89.7M96.1M98.7M93.8M
Cash And Short Term Investments343M780.3M303.2M57.4M82.4M141.1M
Net Receivables239.8M160.5M448.9M429.3M396.1M415.9M
Liabilities And Stockholders Equity1.5B1.9B2.4B2.3B2.3B1.6B
Non Current Liabilities Total621.9M974M1.3B1.2B1.2B1.1B
Inventory177.6M152M404.6M525.4M477.2M253.1M
Other Current Assets19.4M28.6M48.7M30.5M34.5M50.9M
Other Stockholder Equity599.5M592.7M603M614.5M628.8M747.2M
Total Liab792.3M1.1B1.7B1.7B1.6B1.4B
Property Plant And Equipment Gross646.2M653.7M1.0B1.1B1.7B1.8B
Total Current Assets779.8M1.1B1.2B1.0B990.2M580.3M
Accumulated Other Comprehensive Income(38.6M)(18.7M)(3.7M)3.2M13.1M13.8M
Other Liab98.7M110.3M196.1M160.4M144.4M137.1M
Other Assets51.8M44.1M108.6M120M108M102.6M
Long Term Debt492.6M838.1M1.0B1.0B1.0B1.1B
Property Plant Equipment622M627.2M1.0B1.0B1.2B619.1M
Intangible Assets29.6M26.7M67.7M55.3M50M32.5M
Treasury Stock(358.6M)(420.5M)(463.4M)(475.9M)(428.3M)(406.9M)
Net Tangible Assets685.5M686.9M585.5M557.1M501.4M614.8M
Retained Earnings Total Equity172.8M158.2M93M13.3M12.0M11.4M
Long Term Debt Total492.6M838.1M1.0B1.0B1.2B1.3B
Capital Surpluse1.1B1.1B1.1B1.1B1.3B1.1B

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When determining whether Kaiser Aluminum is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kaiser Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kaiser Aluminum Stock. Highlighted below are key reports to facilitate an investment decision about Kaiser Aluminum Stock:
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 tightly coupled 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.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Kaiser Aluminum's industry 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 Kaiser Aluminum. If investors know Kaiser 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 Kaiser Aluminum 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
0.525
Dividend Share
3.08
Earnings Share
3.44
Revenue Per Share
188.406
Quarterly Revenue Growth
(0.09)
The market value of Kaiser Aluminum is measured differently than its book value, which is the value of Kaiser that is recorded on the company's balance sheet. Investors also form their own opinion of Kaiser Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Kaiser Aluminum'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 Kaiser Aluminum's market value can be influenced by many factors that don't directly affect Kaiser Aluminum'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 Kaiser Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaiser Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaiser Aluminum'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.