Kirby Short Term Debt vs Other Current Assets 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 Short Term Debt and its Other Current Assets 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.
Short Term Debt vs Other Current Assets
Short Term Debt vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kirby's Short Term Debt and Other Current Assets is 0.19. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Short Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Kirby are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., Kirby's Short Term Debt and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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
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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 |
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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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.