Kirby Non Current Assets Total vs Cash And Short Term Investments Analysis
KEX Stock | USD 122.39 1.20 0.99% |
Kirby financial indicator trend analysis is infinitely more than just investigating Kirby recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirby is a good investment. Please check the relationship between Kirby Non Current Assets Total and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.
Non Current Assets Total vs Cash And Short Term Investments
Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kirby's Non Current Assets Total and Cash And Short Term Investments is 0.44. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Non Current Assets Total and Cash And Short Term Investments 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 Current Assets Total of Kirby are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Kirby's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Kirby balance sheet. This account contains Kirby investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kirby fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Kirby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirby 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 Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.At this time, Kirby's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 74.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.80 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 380.0M | 522.4M | 700.1M | 351.2M | Total Revenue | 2.2B | 2.8B | 3.1B | 3.2B |
Kirby fundamental ratios Correlations
Click cells to compare fundamentals
Kirby Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kirby fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1B | 5.9B | 5.4B | 5.6B | 5.7B | 6.0B | |
Short Long Term Debt Total | 1.5B | 1.7B | 1.4B | 1.3B | 1.2B | 1.2B | |
Other Current Liab | 237.0M | 225.3M | 236.1M | 205.1M | 230.4M | 242.0M | |
Total Current Liabilities | 514.1M | 466.0M | 543.8M | 642.2M | 675.8M | 709.6M | |
Total Stockholder Equity | 3.4B | 3.1B | 2.9B | 3.0B | 3.2B | 3.3B | |
Property Plant And Equipment Net | 3.9B | 4.1B | 3.8B | 3.8B | 4.0B | 4.2B | |
Net Debt | 1.5B | 1.6B | 1.3B | 1.2B | 1.2B | 1.2B | |
Retained Earnings | 2.9B | 2.6B | 2.3B | 2.5B | 2.7B | 2.8B | |
Cash | 24.7M | 80.3M | 34.8M | 80.6M | 32.6M | 23.7M | |
Non Current Assets Total | 5.2B | 4.9B | 4.4B | 4.3B | 4.6B | 4.8B | |
Non Currrent Assets Other | (530.0M) | (551.5M) | (526.2M) | (563.1M) | (607.1M) | (576.7M) | |
Cash And Short Term Investments | 24.7M | 80.3M | 34.8M | 80.6M | 32.6M | 34.4M | |
Net Receivables | 483.3M | 600.2M | 567.9M | 598.0M | 578.7M | 607.7M | |
Common Stock Shares Outstanding | 59.9M | 59.9M | 60.1M | 60.3M | 59.9M | 58.3M | |
Liabilities And Stockholders Equity | 6.1B | 5.9B | 5.4B | 5.6B | 5.7B | 6.0B | |
Non Current Liabilities Total | 2.2B | 2.4B | 2.0B | 1.9B | 1.9B | 2.0B | |
Inventory | 351.4M | 309.7M | 331.4M | 461.8M | 454.4M | 477.1M | |
Other Current Assets | 58.1M | 57.8M | 69.8M | 71.4M | 69.5M | 73.0M | |
Other Stockholder Equity | 536.9M | 549.1M | 561.8M | 553.0M | 452.2M | 256.3M | |
Total Liab | 2.7B | 2.8B | 2.5B | 2.5B | 2.5B | 2.7B | |
Total Current Assets | 917.6M | 1.0B | 1.0B | 1.2B | 1.1B | 1.2B | |
Short Term Debt | 27.3M | 32.8M | 35.8M | 39.7M | 41.4M | 43.5M | |
Intangible Assets | 210.7M | 69.0M | 60.1M | 51.5M | 42.9M | 40.8M | |
Other Assets | 58.2M | 232.4M | 48.0M | 62.8M | 72.2M | 73.2M | |
Accounts Payable | 206.8M | 162.5M | 199.1M | 278.1M | 269.4M | 282.8M | |
Current Deferred Revenue | 43.0M | 45.4M | 72.8M | 119.3M | 134.6M | 141.3M | |
Property Plant And Equipment Gross | 3.9B | 4.1B | 5.4B | 5.5B | 6.0B | 6.3B | |
Accumulated Other Comprehensive Income | (37.8M) | (61.5M) | (26.0M) | 16.9M | 35.0M | 36.8M | |
Other Liab | 684.2M | 738.5M | 645.4M | 649.1M | 746.5M | 783.8M | |
Long Term Debt | 1.4B | 1.5B | 1.2B | 1.1B | 1.0B | 728.5M | |
Treasury Stock | (302.0M) | (299.2M) | (295.2M) | (308.6M) | (277.7M) | (263.9M) | |
Property Plant Equipment | 3.8B | 3.9B | 3.7B | 3.8B | 4.4B | 4.6B | |
Net Tangible Assets | 2.2B | 2.4B | 2.3B | 2.6B | 2.9B | 2.0B | |
Noncontrolling Interest In Consolidated Entity | 3.0M | 3.2M | 2.5M | 2.3M | 2.1M | 3.6M | |
Retained Earnings Total Equity | 2.9B | 2.6B | 2.3B | 2.5B | 2.8B | 2.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.Note that the Kirby information on this page should be used as a complementary analysis to other Kirby's 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Kirby Stock analysis
When running Kirby's price analysis, check to measure Kirby'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 Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
Is Kirby'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 Kirby. If investors know Kirby 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 Kirby 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 1.021 | Earnings Share 4.23 | Revenue Per Share 53.237 | Quarterly Revenue Growth 0.206 | Return On Assets 0.0417 |
The market value of Kirby is measured differently than its book value, which is the value of Kirby that is recorded on the company's balance sheet. Investors also form their own opinion of Kirby's value that differs from its market value or its book value, called intrinsic value, which is Kirby'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 Kirby's market value can be influenced by many factors that don't directly affect Kirby'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 Kirby's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirby is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirby'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.