Kura Non Current Liabilities Total vs Net Debt Analysis

KRUS Stock  USD 97.01  0.92  0.96%   
Kura Sushi financial indicator trend analysis is infinitely more than just investigating Kura Sushi USA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kura Sushi USA is a good investment. Please check the relationship between Kura Sushi Non Current Liabilities Total and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Sushi USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kura Sushi USA Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kura Sushi's Non Current Liabilities Total and Net Debt is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Kura Sushi USA, assuming nothing else is changed. The correlation between historical values of Kura Sushi's Non Current Liabilities Total and Net Debt 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 Liabilities Total of Kura Sushi USA are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Kura Sushi's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Kura Sushi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kura Sushi USA 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 Kura Sushi USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, Kura Sushi's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 33.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense87K69K62.1K104.3K
Depreciation And Amortization5.6M7.8M9.0M9.5M

Kura Sushi fundamental ratios Correlations

0.990.980.990.99-0.70.851.00.870.83-0.870.90.971.00.760.360.970.990.870.77-0.790.990.810.990.980.78
0.990.970.990.96-0.80.841.00.860.91-0.920.90.911.00.730.240.920.970.870.81-0.781.00.851.00.950.73
0.980.970.990.98-0.680.880.980.840.8-0.890.880.960.980.760.410.960.960.880.77-0.760.970.80.970.970.71
0.990.990.990.98-0.740.880.990.880.86-0.910.910.950.990.780.340.940.970.90.77-0.80.990.850.990.960.75
0.990.960.980.98-0.610.840.980.850.75-0.820.880.990.980.770.430.990.990.850.73-0.770.960.770.960.990.8
-0.7-0.8-0.68-0.74-0.61-0.57-0.75-0.55-0.950.88-0.66-0.51-0.75-0.340.19-0.52-0.69-0.63-0.790.57-0.79-0.71-0.8-0.6-0.34
0.850.840.880.880.84-0.570.840.90.69-0.880.950.850.840.910.510.830.780.990.65-0.820.840.940.840.790.79
1.01.00.980.990.98-0.750.840.860.88-0.890.90.941.00.740.280.940.980.870.8-0.781.00.831.00.970.75
0.870.860.840.880.85-0.550.90.860.7-0.820.890.860.860.950.510.840.820.930.48-0.890.860.910.860.780.82
0.830.910.80.860.75-0.950.690.880.7-0.910.790.660.880.52-0.120.670.810.740.83-0.650.90.80.910.750.52
-0.87-0.92-0.89-0.91-0.820.88-0.88-0.89-0.82-0.91-0.87-0.77-0.89-0.7-0.21-0.76-0.81-0.9-0.760.76-0.92-0.91-0.92-0.78-0.59
0.90.90.880.910.88-0.660.950.90.890.79-0.870.860.90.860.310.850.870.970.77-0.830.90.950.90.840.89
0.970.910.960.950.99-0.510.850.940.860.66-0.770.860.940.80.551.00.960.850.65-0.780.920.750.910.970.81
1.01.00.980.990.98-0.750.841.00.860.88-0.890.90.940.740.280.940.980.870.8-0.781.00.831.00.970.75
0.760.730.760.780.77-0.340.910.740.950.52-0.70.860.80.740.60.780.70.920.38-0.870.730.860.730.70.85
0.360.240.410.340.430.190.510.280.51-0.12-0.210.310.550.280.60.520.30.47-0.11-0.480.250.290.240.360.39
0.970.920.960.940.99-0.520.830.940.840.67-0.760.851.00.940.780.520.960.830.67-0.760.920.730.920.980.81
0.990.970.960.970.99-0.690.780.980.820.81-0.810.870.960.980.70.30.960.810.78-0.760.970.750.970.980.78
0.870.870.880.90.85-0.630.990.870.930.74-0.90.970.850.870.920.470.830.810.66-0.870.870.970.870.80.82
0.770.810.770.770.73-0.790.650.80.480.83-0.760.770.650.80.38-0.110.670.780.66-0.490.810.660.810.770.55
-0.79-0.78-0.76-0.8-0.770.57-0.82-0.78-0.89-0.650.76-0.83-0.78-0.78-0.87-0.48-0.76-0.76-0.87-0.49-0.78-0.83-0.78-0.7-0.78
0.991.00.970.990.96-0.790.841.00.860.9-0.920.90.921.00.730.250.920.970.870.81-0.780.851.00.950.74
0.810.850.80.850.77-0.710.940.830.910.8-0.910.950.750.830.860.290.730.750.970.66-0.830.850.850.710.79
0.991.00.970.990.96-0.80.841.00.860.91-0.920.90.911.00.730.240.920.970.870.81-0.781.00.850.950.73
0.980.950.970.960.99-0.60.790.970.780.75-0.780.840.970.970.70.360.980.980.80.77-0.70.950.710.950.75
0.780.730.710.750.8-0.340.790.750.820.52-0.590.890.810.750.850.390.810.780.820.55-0.780.740.790.730.75
Click cells to compare fundamentals

Kura Sushi Account Relationship Matchups

Kura Sushi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets118.4M177.7M201.4M304.7M350.4M367.9M
Short Long Term Debt Total64.5M73.0M90.8M119.6M137.5M144.4M
Other Current Liab2.9M8.5M11.2M12.6M14.5M15.2M
Total Current Liabilities13.9M20.0M25.3M29.1M33.5M35.2M
Total Stockholder Equity45.7M90.8M93.3M164.6M189.3M198.8M
Other Liab3.5M342K398K483K434.7K413.0K
Net Tangible Assets61.5M45.0M90.8M93.3M107.3M59.9M
Property Plant And Equipment Net101.7M118.0M155.6M210.3M241.9M254.0M
Net Debt55.3M32.5M55.0M49.9M57.3M60.2M
Retained Earnings(14.6M)(24.9M)(25.7M)(24.2M)(21.8M)(20.7M)
Accounts Payable4.9M4.9M5.6M7.2M8.3M4.7M
Cash9.3M40.4M35.8M69.7M80.2M84.2M
Non Current Assets Total103.6M120.2M159.0M215.3M247.6M260.0M
Non Currrent Assets Other1.2M1.3M1.6M1.5M1.7M1.4M
Other Assets2.4M1.2M2.2M1.6M1.9M1.9M
Cash And Short Term Investments9.3M40.4M35.8M78.2M90.0M94.5M
Net Receivables2.1M2.3M2.6M5.2M5.9M6.2M
Common Stock Shares Outstanding8.3M8.5M9.7M10.6M12.2M9.2M
Liabilities And Stockholders Equity118.4M177.7M201.4M304.7M350.4M367.9M
Non Current Liabilities Total58.7M66.8M82.8M110.9M127.5M133.9M
Capital Surpluse20.2M59.4M115.8M119.0M136.8M72.5M
Capital Lease Obligations64.5M73.0M90.8M119.6M137.5M144.4M
Inventory367K733K1.1M1.7M2.0M2.1M
Other Current Assets375K218K230K536K616.4K324.0K
Other Stockholder Equity60.3M115.8M119.0M188.8M217.1M227.9M
Total Liab72.7M86.8M108.1M140.0M161.0M169.1M
Net Invested Capital45.7M90.8M93.3M164.6M189.3M198.8M
Property Plant And Equipment Gross101.7M132.5M175.6M238.2M273.9M287.6M
Total Current Assets14.8M57.5M42.4M89.4M102.8M107.9M
Non Current Liabilities Other342K66.8M82.8M615K707.3K671.9K
Net Working Capital853K37.4M17.1M60.2M69.3M72.7M
Short Term Debt6.1M6.6M8.5M9.3M10.7M11.2M
Intangible Assets696K852K1.7M3.5M4.0M4.2M
Property Plant Equipment31.9M101.7M118.0M75.6M86.9M67.4M

Pair Trading with Kura Sushi

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kura Sushi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kura Sushi will appreciate offsetting losses from the drop in the long position's value.

Moving against Kura Stock

  0.69BTBDW BT Brands WarrantPairCorr
  0.47YUMC Yum China HoldingsPairCorr
  0.46IHG InterContinental HotelsPairCorr
  0.41MCD McDonalds Financial Report 25th of July 2024 PairCorr
The ability to find closely correlated positions to Kura Sushi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kura Sushi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kura Sushi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kura Sushi USA to buy it.
The correlation of Kura Sushi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kura Sushi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kura Sushi USA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kura Sushi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Kura Sushi USA is a strong investment it is important to analyze Kura Sushi'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 Kura Sushi's future performance. For an informed investment choice regarding Kura Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Sushi USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Kura Stock analysis

When running Kura Sushi's price analysis, check to measure Kura Sushi'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 Kura Sushi is operating at the current time. Most of Kura Sushi's value examination focuses on studying past and present price action to predict the probability of Kura Sushi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kura Sushi's price. Additionally, you may evaluate how the addition of Kura Sushi to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Money Managers
Screen money managers from public funds and ETFs managed around the world
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Commodity Directory
Find actively traded commodities issued by global exchanges
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Is Kura Sushi'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 Kura Sushi. If investors know Kura 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 Kura Sushi 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
0.345
Earnings Share
0.2
Revenue Per Share
19.378
Quarterly Revenue Growth
0.304
Return On Assets
(0)
The market value of Kura Sushi USA is measured differently than its book value, which is the value of Kura that is recorded on the company's balance sheet. Investors also form their own opinion of Kura Sushi's value that differs from its market value or its book value, called intrinsic value, which is Kura Sushi'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 Kura Sushi's market value can be influenced by many factors that don't directly affect Kura Sushi'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 Kura Sushi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kura Sushi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kura Sushi'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.