Kirby Property Plant Equipment vs Treasury Stock Analysis

KEX Stock  USD 114.97  1.01  0.87%   
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 Property Plant Equipment and its Treasury Stock 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.

Property Plant Equipment vs Treasury Stock

Property Plant Equipment vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Property Plant Equipment account and Treasury Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kirby's Property Plant Equipment and Treasury Stock is -0.68. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Property Plant Equipment and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Kirby are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Property Plant Equipment i.e., Kirby's Property Plant Equipment and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant Equipment

Treasury Stock

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 Profit380.0M522.4M700.1M351.2M
Total Revenue2.2B2.8B3.1B3.2B

Kirby fundamental ratios Correlations

0.90.960.880.990.980.90.970.451.0-0.710.480.940.920.960.880.90.710.980.950.08-0.26-0.13-0.730.830.66
0.90.820.710.840.891.00.790.550.9-0.760.560.80.910.960.780.720.810.940.830.06-0.250.02-0.610.670.48
0.960.820.90.960.940.820.950.40.95-0.70.430.940.870.880.870.850.680.930.940.14-0.29-0.21-0.660.820.67
0.880.710.90.870.870.710.840.410.85-0.670.450.930.870.760.890.860.620.860.950.35-0.2-0.19-0.660.960.85
0.990.840.960.870.960.840.990.410.99-0.70.440.930.870.910.880.890.690.950.940.02-0.29-0.21-0.70.840.67
0.980.890.940.870.960.880.950.510.98-0.760.540.930.920.950.870.90.670.980.940.11-0.33-0.11-0.690.790.71
0.91.00.820.710.840.880.80.510.9-0.750.520.790.90.960.780.720.80.940.830.05-0.230.01-0.620.670.47
0.970.790.950.840.990.950.80.340.98-0.620.360.910.830.90.840.90.590.930.90.01-0.24-0.19-0.730.790.63
0.450.550.40.410.410.510.510.340.41-0.630.990.550.550.480.440.340.620.490.560.2-0.460.19-0.130.320.41
1.00.90.950.850.990.980.90.980.41-0.690.440.920.910.970.850.890.690.980.920.06-0.23-0.11-0.740.80.61
-0.71-0.76-0.7-0.67-0.7-0.76-0.75-0.62-0.63-0.69-0.66-0.63-0.74-0.69-0.85-0.49-0.69-0.72-0.780.080.710.290.12-0.61-0.73
0.480.560.430.450.440.540.520.360.990.44-0.660.570.560.50.480.370.60.510.60.21-0.490.18-0.140.360.46
0.940.80.940.930.930.930.790.910.550.92-0.630.570.890.860.830.910.710.920.960.27-0.21-0.05-0.740.870.71
0.920.910.870.870.870.920.90.830.550.91-0.740.560.890.910.820.820.820.950.90.23-0.150.02-0.70.830.65
0.960.960.880.760.910.950.960.90.480.97-0.690.50.860.910.790.840.70.990.870.07-0.20.02-0.730.70.52
0.880.780.870.890.880.870.780.840.440.85-0.850.480.830.820.790.760.680.850.95-0.03-0.46-0.37-0.460.890.85
0.90.720.850.860.890.90.720.90.340.89-0.490.370.910.820.840.760.520.880.880.19-0.1-0.16-0.870.820.69
0.710.810.680.620.690.670.80.590.620.69-0.690.60.710.820.70.680.520.720.730.05-0.27-0.09-0.40.640.4
0.980.940.930.860.950.980.940.930.490.98-0.720.510.920.950.990.850.880.720.930.15-0.21-0.03-0.750.80.63
0.950.830.940.950.940.940.830.90.560.92-0.780.60.960.90.870.950.880.730.930.15-0.36-0.19-0.630.910.81
0.080.060.140.350.020.110.050.010.20.060.080.210.270.230.07-0.030.190.050.150.150.360.35-0.290.230.13
-0.26-0.25-0.29-0.2-0.29-0.33-0.23-0.24-0.46-0.230.71-0.49-0.21-0.15-0.2-0.46-0.1-0.27-0.21-0.360.360.54-0.35-0.13-0.45
-0.130.02-0.21-0.19-0.21-0.110.01-0.190.19-0.110.290.18-0.050.020.02-0.37-0.16-0.09-0.03-0.190.350.54-0.16-0.24-0.33
-0.73-0.61-0.66-0.66-0.7-0.69-0.62-0.73-0.13-0.740.12-0.14-0.74-0.7-0.73-0.46-0.87-0.4-0.75-0.63-0.29-0.35-0.16-0.66-0.34
0.830.670.820.960.840.790.670.790.320.8-0.610.360.870.830.70.890.820.640.80.910.23-0.13-0.24-0.660.83
0.660.480.670.850.670.710.470.630.410.61-0.730.460.710.650.520.850.690.40.630.810.13-0.45-0.33-0.340.83
Click cells to compare fundamentals

Kirby Account Relationship Matchups

Kirby fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.9B5.4B5.6B5.7B6.0B
Short Long Term Debt Total1.5B1.7B1.4B1.3B1.2B1.2B
Other Current Liab237.0M225.3M236.1M205.1M230.4M242.0M
Total Current Liabilities514.1M466.0M543.8M642.2M675.8M709.6M
Total Stockholder Equity3.4B3.1B2.9B3.0B3.2B3.3B
Property Plant And Equipment Net3.9B4.1B3.8B3.8B4.0B4.2B
Net Debt1.5B1.6B1.3B1.2B1.2B1.2B
Retained Earnings2.9B2.6B2.3B2.5B2.7B2.8B
Cash24.7M80.3M34.8M80.6M32.6M23.7M
Non Current Assets Total5.2B4.9B4.4B4.3B4.6B4.8B
Non Currrent Assets Other(530.0M)(551.5M)(526.2M)(563.1M)(607.1M)(576.7M)
Cash And Short Term Investments24.7M80.3M34.8M80.6M32.6M34.4M
Net Receivables483.3M600.2M567.9M598.0M578.7M607.7M
Common Stock Shares Outstanding59.9M59.9M60.1M60.3M59.9M58.3M
Liabilities And Stockholders Equity6.1B5.9B5.4B5.6B5.7B6.0B
Non Current Liabilities Total2.2B2.4B2.0B1.9B1.9B2.0B
Inventory351.4M309.7M331.4M461.8M454.4M477.1M
Other Current Assets58.1M57.8M69.8M71.4M69.5M73.0M
Other Stockholder Equity536.9M549.1M561.8M553.0M452.2M256.3M
Total Liab2.7B2.8B2.5B2.5B2.5B2.7B
Total Current Assets917.6M1.0B1.0B1.2B1.1B1.2B
Short Term Debt27.3M32.8M35.8M39.7M41.4M43.5M
Intangible Assets210.7M69.0M60.1M51.5M42.9M40.8M
Other Assets58.2M232.4M48.0M62.8M72.2M73.2M
Accounts Payable206.8M162.5M199.1M278.1M269.4M282.8M
Current Deferred Revenue43.0M45.4M72.8M119.3M134.6M141.3M
Property Plant And Equipment Gross3.9B4.1B5.4B5.5B6.0B6.3B
Accumulated Other Comprehensive Income(37.8M)(61.5M)(26.0M)16.9M35.0M36.8M
Other Liab684.2M738.5M645.4M649.1M746.5M783.8M
Long Term Debt1.4B1.5B1.2B1.1B1.0B728.5M
Treasury Stock(302.0M)(299.2M)(295.2M)(308.6M)(277.7M)(263.9M)
Property Plant Equipment3.8B3.9B3.7B3.8B4.4B4.6B
Net Tangible Assets2.2B2.4B2.3B2.6B2.9B2.0B
Noncontrolling Interest In Consolidated Entity3.0M3.2M2.5M2.3M2.1M3.6M
Retained Earnings Total Equity2.9B2.6B2.3B2.5B2.8B2.0B

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When determining whether Kirby offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kirby's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kirby Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kirby Stock:
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.
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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.