K Bro Linen Stock Current Liabilities
| KBL Stock | CAD 33.88 0.17 0.50% |
K Bro Linen fundamentals help investors to digest information that contributes to K-Bro Linen's financial success or failures. It also enables traders to predict the movement of K-Bro Stock. The fundamental analysis module provides a way to measure K-Bro Linen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to K-Bro Linen stock.
As of the 1st of March 2025, Total Current Liabilities is likely to grow to about 69.4 M. Also, Non Current Liabilities Total is likely to grow to about 160.3 M. K-Bro | Current Liabilities |
K Bro Linen Company Current Liabilities Analysis
K-Bro Linen's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current K-Bro Linen Current Liabilities | 20.82 M |
Most of K-Bro Linen's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, K Bro Linen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
K-Bro Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for K-Bro Linen is extremely important. It helps to project a fair market value of K-Bro Stock properly, considering its historical fundamentals such as Current Liabilities. Since K-Bro Linen's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of K-Bro Linen's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of K-Bro Linen's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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K-Bro Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, K Bro Linen has a Current Liabilities of 20.82 M. This is 97.66% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The current liabilities for all Canada stocks is 99.74% higher than that of the company.
K-Bro Linen Current Valuation Drivers
We derive many important indicators used in calculating different scores of K-Bro Linen from analyzing K-Bro Linen's financial statements. These drivers represent accounts that assess K-Bro Linen's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of K-Bro Linen's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 441.9M | 411.4M | 362.8M | 291.0M | 261.9M | 195.6M |
K-Bro Fundamentals
| Return On Equity | 0.0976 | ||||
| Return On Asset | 0.049 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 526.27 M | ||||
| Shares Outstanding | 10.46 M | ||||
| Shares Owned By Insiders | 3.24 % | ||||
| Shares Owned By Institutions | 34.19 % | ||||
| Number Of Shares Shorted | 46.22 K | ||||
| Price To Earning | 63.24 X | ||||
| Price To Book | 1.88 X | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 320.88 M | ||||
| Gross Profit | 89.22 M | ||||
| EBITDA | 56.81 M | ||||
| Net Income | 17.61 M | ||||
| Cash And Equivalents | 2.64 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 123.55 M | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.90 X | ||||
| Book Value Per Share | 16.99 X | ||||
| Cash Flow From Operations | 41.01 M | ||||
| Short Ratio | 5.63 X | ||||
| Earnings Per Share | 1.62 X | ||||
| Price To Earnings To Growth | 2.32 X | ||||
| Target Price | 45.83 | ||||
| Number Of Employees | 3.05 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 363.6 M | ||||
| Total Asset | 364.72 M | ||||
| Retained Earnings | (27.52 M) | ||||
| Working Capital | 42.1 M | ||||
| Current Asset | 29.5 M | ||||
| Current Liabilities | 20.82 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.17 % | ||||
| Net Asset | 364.72 M | ||||
| Last Dividend Paid | 1.2 |
About K-Bro Linen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze K Bro Linen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of K-Bro Linen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of K Bro Linen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with K-Bro Linen
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 K-Bro Linen 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 K-Bro Linen will appreciate offsetting losses from the drop in the long position's value.Moving together with K-Bro Stock
Moving against K-Bro Stock
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| 0.52 | RY-PM | Royal Bank | PairCorr |
| 0.47 | CAE | CAE Inc | PairCorr |
| 0.4 | LOU | Lucero Energy Corp | PairCorr |
The ability to find closely correlated positions to K-Bro Linen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K-Bro Linen 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 K-Bro Linen - 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 K Bro Linen to buy it.
The correlation of K-Bro Linen 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 K-Bro Linen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K Bro Linen 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 K-Bro Linen 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.Other Information on Investing in K-Bro Stock
K-Bro Linen financial ratios help investors to determine whether K-Bro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in K-Bro with respect to the benefits of owning K-Bro Linen security.