Kirby Total Assets vs Total Stockholder Equity 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 Total Assets and its Total Stockholder Equity 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.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Kirby's Total Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kirby are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Kirby's Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Kirby assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kirby books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 |
Kirby Investors Sentiment
The influence of Kirby's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kirby. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kirby's public news can be used to forecast risks associated with an investment in Kirby. The trend in average sentiment can be used to explain how an investor holding Kirby can time the market purely based on public headlines and social activities around Kirby. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kirby's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kirby's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kirby's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kirby.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kirby in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kirby's short interest history, or implied volatility extrapolated from Kirby options trading.
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Try AI Portfolio ArchitectCheck 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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.