Kroger Selling General Administrative vs Total Operating Expenses Analysis

KR Stock  USD 55.49  0.42  0.75%   
Kroger financial indicator trend analysis is infinitely more than just investigating Kroger Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kroger Company is a good investment. Please check the relationship between Kroger Selling General Administrative and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kroger Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kroger Company Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kroger's Selling General Administrative and Total Operating Expenses is 0.28. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Kroger Company, assuming nothing else is changed. The correlation between historical values of Kroger's Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Kroger Company are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Kroger's Selling General Administrative and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Kroger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kroger Company 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 Kroger Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Kroger's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value Over EBITDA is likely to grow to 6.35, while Tax Provision is likely to drop slightly above 484.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense571M535M441M537.6M
Depreciation And Amortization3.4B3.6B3.8B3.9B

Kroger fundamental ratios Correlations

0.840.640.770.970.990.830.980.691.00.310.90.96-0.180.990.760.39-0.981.00.80.10.90.790.880.760.78
0.840.760.940.740.821.00.790.420.840.510.640.76-0.470.860.920.46-0.850.860.950.270.580.430.890.860.85
0.640.760.760.550.650.730.60.440.650.330.540.61-0.430.660.680.21-0.660.660.74-0.070.380.250.580.620.61
0.770.940.760.660.740.930.710.310.760.40.570.75-0.340.760.980.57-0.780.80.990.420.540.340.880.850.85
0.970.740.550.660.980.730.990.750.980.20.930.95-0.20.960.640.29-0.960.960.69-0.030.950.890.810.710.74
0.990.820.650.740.980.810.980.721.00.270.910.95-0.180.990.730.31-0.970.990.760.030.910.820.830.720.74
0.831.00.730.930.730.810.780.350.830.50.610.76-0.460.850.930.49-0.840.850.940.320.560.40.90.860.85
0.980.790.60.710.990.980.780.730.980.240.920.95-0.250.970.680.32-0.990.970.730.020.920.850.820.740.76
0.690.420.440.310.750.720.350.730.70.260.90.59-0.090.70.24-0.08-0.670.670.36-0.490.760.80.380.330.35
1.00.840.650.760.981.00.830.980.70.320.90.95-0.20.990.750.35-0.981.00.790.060.890.80.860.750.77
0.310.510.330.40.20.270.50.240.260.320.280.13-0.30.380.380.28-0.30.340.420.170.02-0.090.430.40.39
0.90.640.540.570.930.910.610.920.90.90.280.82-0.140.890.510.2-0.880.880.61-0.190.910.880.660.550.57
0.960.760.610.750.950.950.760.950.590.950.130.82-0.130.930.740.44-0.940.950.770.140.90.790.870.780.8
-0.18-0.47-0.43-0.34-0.2-0.18-0.46-0.25-0.09-0.2-0.3-0.14-0.13-0.22-0.23-0.070.33-0.17-0.350.160.02-0.01-0.28-0.48-0.46
0.990.860.660.760.960.990.850.970.70.990.380.890.93-0.220.760.35-0.960.990.790.050.860.760.860.740.76
0.760.920.680.980.640.730.930.680.240.750.380.510.74-0.230.760.56-0.750.790.980.480.530.330.90.830.82
0.390.460.210.570.290.310.490.32-0.080.350.280.20.44-0.070.350.56-0.380.410.580.680.230.060.620.560.56
-0.98-0.85-0.66-0.78-0.96-0.97-0.84-0.99-0.67-0.98-0.3-0.88-0.940.33-0.96-0.75-0.38-0.97-0.8-0.1-0.86-0.77-0.86-0.8-0.82
1.00.860.660.80.960.990.850.970.671.00.340.880.95-0.170.990.790.41-0.970.820.130.880.760.890.760.78
0.80.950.740.990.690.760.940.730.360.790.420.610.77-0.350.790.980.58-0.80.820.380.580.390.910.870.86
0.10.27-0.070.42-0.030.030.320.02-0.490.060.17-0.190.140.160.050.480.68-0.10.130.38-0.06-0.250.380.350.34
0.90.580.380.540.950.910.560.920.760.890.020.910.90.020.860.530.23-0.860.880.58-0.060.970.710.580.61
0.790.430.250.340.890.820.40.850.80.8-0.090.880.79-0.010.760.330.06-0.770.760.39-0.250.970.540.440.47
0.880.890.580.880.810.830.90.820.380.860.430.660.87-0.280.860.90.62-0.860.890.910.380.710.540.90.9
0.760.860.620.850.710.720.860.740.330.750.40.550.78-0.480.740.830.56-0.80.760.870.350.580.440.91.0
0.780.850.610.850.740.740.850.760.350.770.390.570.8-0.460.760.820.56-0.820.780.860.340.610.470.91.0
Click cells to compare fundamentals

Kroger Account Relationship Matchups

Kroger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.2B48.6B49.1B49.5B50.5B53.0B
Short Long Term Debt Total21.2B20.6B20.4B20.4B19.2B9.7B
Other Current Liab4.1B5.7B8.0B8.1B4.8B2.9B
Total Current Liabilities14.1B15.4B16.3B16.6B16.1B8.1B
Total Stockholder Equity8.6B9.6B9.4B10.0B11.6B12.2B
Property Plant And Equipment Net28.6B29.2B30.5B31.4B31.9B33.5B
Net Debt20.8B18.9B18.6B19.6B17.4B9.3B
Retained Earnings21.0B23.0B24.1B25.6B26.9B28.3B
Cash399M1.7B1.8B828M1.9B2.0B
Non Current Assets Total34.3B36.2B36.9B37.0B37.6B39.4B
Non Currrent Assets Other1.5B2.9B2.4B(301M)71M67.5M
Cash And Short Term Investments1.6B2.8B2.9B2.1B3.1B3.3B
Net Receivables1.7B1.8B1.8B2.2B2.1B2.2B
Common Stock Shares Outstanding805M781M754M727M725M1.2B
Liabilities And Stockholders Equity45.2B48.6B49.1B49.5B50.5B53.0B
Non Current Liabilities Total22.5B23.7B23.3B22.9B22.8B24.0B
Inventory7.1B7.1B6.8B7.6B7.1B4.5B
Other Current Assets522M876M660M735M609M570.6M
Other Stockholder Equity(13.7B)(14.8B)(16.1B)(16.9B)(16.8B)(15.9B)
Total Liab36.6B39.1B39.7B39.5B38.9B40.8B
Total Current Assets10.9B12.5B12.2B12.6B12.9B6.9B
Short Term Debt2.5B1.6B1.2B1.5B868M987.5M
Accounts Payable6.3B6.7B7.1B7.1B10.4B10.9B
Property Plant And Equipment Gross28.7B29.2B30.5B31.4B63.4B66.6B
Accumulated Other Comprehensive Income(640M)(630M)(467M)(632M)(489M)(513.5M)
Good Will2.9B3.1B3.1B2.9B3.4B2.5B
Other Liab3.8B4.7B4.1B3.9B4.5B3.0B
Other Assets1.5B2.9B2.4B1.8B2.0B2.1B
Long Term Debt11.3B12.5B12.8B12.6B10.2B10.1B
Treasury Stock(16.6B)(17.0B)(18.2B)(19.7B)(17.7B)(16.9B)
Intangible Assets1.1B997M942M899M809.1M1.4B
Property Plant Equipment21.9B29.2B30.5B31.4B36.1B18.2B
Current Deferred Revenue1.6B1.6B1.2B1.4B1.6B1.7B
Short Term Investments1.2B1.1B1.1B1.2B1.2B896.2M
Net Tangible Assets4.5B5.5B5.4B6.2B7.2B4.2B
Long Term Debt Total12.1B12.5B12.8B12.1B13.9B11.5B

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When determining whether Kroger Company is a strong investment it is important to analyze Kroger's 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 Kroger's future performance. For an informed investment choice regarding Kroger Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kroger Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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Is Kroger'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 Kroger. If investors know Kroger 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 Kroger 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
(0.88)
Dividend Share
1.13
Earnings Share
2.96
Revenue Per Share
208.968
Quarterly Revenue Growth
(0.01)
The market value of Kroger Company is measured differently than its book value, which is the value of Kroger that is recorded on the company's balance sheet. Investors also form their own opinion of Kroger's value that differs from its market value or its book value, called intrinsic value, which is Kroger'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 Kroger's market value can be influenced by many factors that don't directly affect Kroger'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 Kroger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kroger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kroger'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.