Kimball Extraordinary Items vs Net Income From Continuing Ops Analysis

KE Stock  USD 22.73  0.18  0.80%   
Kimball Electronics financial indicator trend analysis is infinitely more than just investigating Kimball Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimball Electronics is a good investment. Please check the relationship between Kimball Electronics Extraordinary Items and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.

Extraordinary Items vs Net Income From Continuing Ops

Extraordinary Items vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimball Electronics Extraordinary Items account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kimball Electronics' Extraordinary Items and Net Income From Continuing Ops is 0.6. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Kimball Electronics, assuming nothing else is changed. The correlation between historical values of Kimball Electronics' Extraordinary Items and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Kimball Electronics are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Extraordinary Items i.e., Kimball Electronics' Extraordinary Items and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Extraordinary Items

Net Income From Continuing Ops

Most indicators from Kimball Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimball Electronics 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 Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.As of May 22, 2024, Selling General Administrative is expected to decline to about 44.5 M. In addition to that, Tax Provision is expected to decline to about 13.6 M
 2021 2022 2023 2024 (projected)
Interest Expense2.7M16.3M18.7M19.6M
Depreciation And Amortization29.4M3.3M3.8M3.6M

Kimball Electronics fundamental ratios Correlations

-0.79-0.9-0.95-0.81-0.77-0.87-0.79-0.4-0.81-0.8-0.4-0.95-0.76-0.93-0.92-0.830.74-0.95-0.86-0.95-0.68-0.77-0.66-0.78-0.82
-0.790.780.860.980.990.790.990.361.00.910.360.850.820.840.840.75-0.450.860.80.860.670.730.750.990.97
-0.90.780.930.770.770.890.770.320.780.740.320.930.610.930.910.86-0.690.930.880.930.540.620.560.780.8
-0.950.860.930.860.850.930.860.340.860.790.340.990.710.980.990.92-0.631.00.961.00.580.670.690.860.88
-0.810.980.770.860.970.730.970.490.980.890.490.850.820.810.820.76-0.370.840.780.860.670.760.720.970.99
-0.770.990.770.850.970.790.980.280.990.880.280.830.740.830.840.77-0.440.850.820.850.570.640.71.00.98
-0.870.790.890.930.730.790.770.030.790.690.030.930.610.980.960.9-0.720.960.960.940.480.490.560.80.77
-0.790.990.770.860.970.980.770.360.990.910.360.840.810.820.850.72-0.440.850.810.850.650.750.810.980.97
-0.40.360.320.340.490.280.030.360.360.441.00.350.530.210.210.240.080.290.130.340.590.650.360.290.44
-0.811.00.780.860.980.990.790.990.360.920.360.850.820.840.840.75-0.480.860.80.860.670.740.750.990.98
-0.80.910.740.790.890.880.690.910.440.920.440.760.790.760.770.59-0.590.780.720.780.710.810.860.880.89
-0.40.360.320.340.490.280.030.361.00.360.440.350.530.210.210.240.080.290.130.340.590.650.360.290.44
-0.950.850.930.990.850.830.930.840.350.850.760.350.750.980.960.93-0.630.990.920.990.640.680.610.840.86
-0.760.820.610.710.820.740.610.810.530.820.790.530.750.690.630.52-0.420.710.540.710.950.90.670.750.76
-0.930.840.930.980.810.830.980.820.210.840.760.210.980.690.980.92-0.70.990.960.980.580.610.620.840.83
-0.920.840.910.990.820.840.960.850.210.840.770.210.960.630.980.92-0.650.990.990.980.490.590.680.850.86
-0.830.750.860.920.760.770.90.720.240.750.590.240.930.520.920.92-0.530.930.930.930.380.390.430.790.8
0.74-0.45-0.69-0.63-0.37-0.44-0.72-0.440.08-0.48-0.590.08-0.63-0.42-0.7-0.65-0.53-0.66-0.64-0.62-0.41-0.44-0.46-0.45-0.41
-0.950.860.931.00.840.850.960.850.290.860.780.290.990.710.990.990.93-0.660.961.00.580.650.660.860.87
-0.860.80.880.960.780.820.960.810.130.80.720.130.920.540.960.990.93-0.640.960.960.380.470.650.830.83
-0.950.860.931.00.860.850.940.850.340.860.780.340.990.710.980.980.93-0.621.00.960.590.660.660.860.88
-0.680.670.540.580.670.570.480.650.590.670.710.590.640.950.580.490.38-0.410.580.380.590.890.610.570.59
-0.770.730.620.670.760.640.490.750.650.740.810.650.680.90.610.590.39-0.440.650.470.660.890.720.650.7
-0.660.750.560.690.720.70.560.810.360.750.860.360.610.670.620.680.43-0.460.660.650.660.610.720.70.71
-0.780.990.780.860.971.00.80.980.290.990.880.290.840.750.840.850.79-0.450.860.830.860.570.650.70.98
-0.820.970.80.880.990.980.770.970.440.980.890.440.860.760.830.860.8-0.410.870.830.880.590.70.710.98
Click cells to compare fundamentals

Kimball Electronics Account Relationship Matchups

Kimball Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding25.4M25.3M25.2M25.1M22.6M21.9M
Total Assets774.8M814.1M1.0B1.3B1.4B727.1M
Other Current Liab35.1M50.4M42.1M72.5M83.4M87.6M
Total Current Liabilities272.6M300.8M408.7M475.1M546.4M573.7M
Total Stockholder Equity379.4M442.0M454.0M524.0M602.6M387.2M
Property Plant And Equipment Net154.5M163.3M206.8M267.7M307.8M157.8M
Net Debt53.1M(40.2M)130.7M238.5M274.3M288.0M
Accounts Payable203.7M216.5M308.6M322.3M370.6M200.6M
Cash65.0M106.4M49.9M43.0M49.4M54.2M
Non Current Assets Total216.4M230.7M274.7M330.3M379.8M203.9M
Non Currrent Assets Other30.5M38.4M41.1M38.3M44.0M27.5M
Cash And Short Term Investments65.0M106.4M49.9M43.0M49.4M54.2M
Net Receivables250.5M249.2M286.9M387.0M445.0M467.3M
Liabilities And Stockholders Equity774.8M814.1M1.0B1.3B1.4B727.1M
Non Current Liabilities Total122.9M71.3M173.1M260.6M299.7M314.6M
Inventory219.0M200.4M395.6M450.3M517.9M543.8M
Other Current Assets23.9M27.3M28.7M49.2M56.6M59.4M
Other Stockholder Equity237.7M237.9M233.4M239.0M215.1M202.4M
Total Liab395.5M372.1M581.8M735.7M846.1M888.4M
Property Plant And Equipment Gross154.5M163.3M478.0M560.9M645.0M677.3M
Total Current Assets558.4M583.4M761.1M929.4M1.1B1.1B
Accumulated Other Comprehensive Income(10.6M)(4.9M)(19.7M)(11.0M)(9.9M)(10.4M)
Intangible Assets19.3M17.0M14.7M12.3M14.2M10.1M
Other Liab30.2M31.3M28.1M23.0M26.4M22.0M
Other Assets28.5M38.4M69.8M35.7M41.0M30.3M
Property Plant Equipment156.6M163.3M206.8M267.7M307.8M163.0M
Net Tangible Assets348.0M413.0M427.3M499.6M574.6M391.7M
Retained Earnings152.2M209.0M240.2M296.1M340.5M357.5M
Short Long Term Debt26.6M26.2M35.6M46.5M53.4M56.1M
Short Term Debt26.6M26.2M35.6M46.5M53.4M56.1M
Common Stock369.9M379.4M442.0M454.0M522.1M548.2M
Retained Earnings Total Equity134.0M152.2M209.0M296.1M340.5M357.5M
Capital Surpluse305.9M306.8M308.1M315.5M362.8M335.9M
Treasury Stock(62.4M)(69.1M)(70.2M)(76.5M)(68.8M)(72.3M)
Non Current Liabilities Other21.6M22.5M20.2M19.7M22.7M21.0M
Short Long Term Debt Total118.1M66.2M180.6M281.5M323.7M339.9M
Current Deferred Revenue7.1M7.6M22.5M33.9M39.0M40.9M

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When determining whether Kimball Electronics is a strong investment it is important to analyze Kimball Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kimball Electronics' future performance. For an informed investment choice regarding Kimball Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Kimball Electronics' price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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
0.906
Earnings Share
1.27
Revenue Per Share
71.032
Quarterly Revenue Growth
0.15
Return On Assets
0.0433
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.