Konfoong Change In Cash vs Depreciation Analysis

300666 Stock

63.77 1.58 2.42%

Konfoong Materials financial indicator trend analysis is infinitely more than just investigating Konfoong Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Konfoong Materials is a good investment. Please check the relationship between Konfoong Materials Change In Cash and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Konfoong Materials International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Konfoong Materials Change In Cash account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Konfoong Materials' Change In Cash and Depreciation is -0.39. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Konfoong Materials International, assuming nothing else is changed. The correlation between historical values of Konfoong Materials' Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Konfoong Materials International are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Konfoong Materials' Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Depreciation

Depreciation indicates how much of Konfoong Materials value has been used up. For tax purposes Konfoong Materials can deduct the cost of the tangible assets it purchases as business expenses. However, Konfoong Materials International must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Konfoong Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Konfoong Materials 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Konfoong Materials International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 83.4 M. The current year's Selling General Administrative is expected to grow to about 176 M

	2022	2023	2024	2025 (projected)
Gross Profit	695.6M	759.7M	873.7M	917.4M
Total Revenue	2.3B	2.6B	3.0B	3.1B

Gross Profit Total Revenue

Konfoong Materials fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.18	0.82	0.99	0.68	0.99	0.99	0.98	0.85	0.99	0.88	0.85	0.92	0.99	0.94	0.99	0.98	0.08	0.96	0.95	0.19	0.99	-0.63	0.79	0.99	0.87
Other Current Liab	0.18		0.08	0.26	0.25	0.28	0.23	-0.02	0.53	0.08	0.3	0.36	-0.13	0.08	-0.1	0.27	0.19	0.03	-0.03	0.27	-0.06	0.29	-0.21	0.21	0.23	0.27
Total Current Liabilities	0.82	0.08		0.77	0.81	0.77	0.84	0.78	0.82	0.8	0.94	0.92	0.72	0.82	0.74	0.83	0.84	0.18	0.88	0.74	0.55	0.82	-0.86	0.9	0.76	0.9
Total Stockholder Equity	0.99	0.26	0.77		0.63	1.0	0.98	0.96	0.87	0.98	0.86	0.84	0.9	0.97	0.9	0.99	0.97	0.03	0.92	0.95	0.1	0.99	-0.58	0.74	1.0	0.86
Other Liab	0.68	0.25	0.81	0.63		0.63	0.75	0.59	0.67	0.65	0.79	0.87	0.61	0.71	0.66	0.72	0.72	0.59	0.75	0.74	0.53	0.7	-0.73	0.82	0.61	0.76
Net Tangible Assets	0.99	0.28	0.77	1.0	0.63		0.98	0.95	0.88	0.98	0.87	0.85	0.89	0.97	0.9	0.99	0.97	0.03	0.91	0.95	0.1	0.99	-0.59	0.74	1.0	0.86
Retained Earnings	0.99	0.23	0.84	0.98	0.75	0.98		0.95	0.87	0.98	0.9	0.89	0.9	0.99	0.92	1.0	0.99	0.14	0.96	0.95	0.25	0.99	-0.68	0.83	0.98	0.9
Accounts Payable	0.98	-0.02	0.78	0.96	0.59	0.95	0.95		0.74	0.99	0.8	0.77	0.96	0.98	0.97	0.95	0.95	0.01	0.96	0.9	0.13	0.94	-0.53	0.71	0.97	0.8
Cash	0.85	0.53	0.82	0.87	0.67	0.88	0.87	0.74		0.8	0.95	0.93	0.64	0.8	0.67	0.88	0.85	0.09	0.75	0.83	0.19	0.9	-0.74	0.77	0.85	0.91
Non Current Assets Total	0.99	0.08	0.8	0.98	0.65	0.98	0.98	0.99	0.8		0.84	0.82	0.96	0.99	0.96	0.98	0.97	0.06	0.97	0.93	0.16	0.97	-0.58	0.75	0.98	0.84
Non Currrent Assets Other	0.88	0.3	0.94	0.86	0.79	0.87	0.9	0.8	0.95	0.84		0.98	0.73	0.86	0.76	0.9	0.9	0.18	0.86	0.84	0.35	0.9	-0.83	0.87	0.84	0.97
Other Assets	0.85	0.36	0.92	0.84	0.87	0.85	0.89	0.77	0.93	0.82	0.98		0.73	0.85	0.76	0.88	0.87	0.33	0.84	0.87	0.32	0.88	-0.79	0.85	0.82	0.94
Long Term Debt	0.92	-0.13	0.72	0.9	0.61	0.89	0.9	0.96	0.64	0.96	0.73	0.73		0.96	1.0	0.89	0.88	0.21	0.94	0.91	0.06	0.88	-0.45	0.63	0.91	0.72
Net Receivables	0.99	0.08	0.82	0.97	0.71	0.97	0.99	0.98	0.8	0.99	0.86	0.85	0.96		0.97	0.98	0.98	0.15	0.98	0.95	0.2	0.97	-0.62	0.79	0.97	0.86
Non Current Liabilities Total	0.94	-0.1	0.74	0.9	0.66	0.9	0.92	0.97	0.67	0.96	0.76	0.76	1.0	0.97		0.91	0.89	0.24	0.95	0.92	0.1	0.89	-0.49	0.67	0.91	0.75
Inventory	0.99	0.27	0.83	0.99	0.72	0.99	1.0	0.95	0.88	0.98	0.9	0.88	0.89	0.98	0.91		0.98	0.11	0.94	0.96	0.22	1.0	-0.66	0.81	0.99	0.88
Other Current Assets	0.98	0.19	0.84	0.97	0.72	0.97	0.99	0.95	0.85	0.97	0.9	0.87	0.88	0.98	0.89	0.98		0.06	0.95	0.91	0.28	0.98	-0.68	0.83	0.96	0.92
Other Stockholder Equity	0.08	0.03	0.18	0.03	0.59	0.03	0.14	0.01	0.09	0.06	0.18	0.33	0.21	0.15	0.24	0.11	0.06		0.19	0.33	0.19	0.09	-0.26	0.26	0.01	0.14
Total Liab	0.96	-0.03	0.88	0.92	0.75	0.91	0.96	0.96	0.75	0.97	0.86	0.84	0.94	0.98	0.95	0.94	0.95	0.19		0.9	0.37	0.94	-0.7	0.84	0.92	0.84
Deferred Long Term Liab	0.95	0.27	0.74	0.95	0.74	0.95	0.95	0.9	0.83	0.93	0.84	0.87	0.91	0.95	0.92	0.96	0.91	0.33	0.9		0.08	0.95	-0.58	0.74	0.94	0.81
Short Long Term Debt	0.19	-0.06	0.55	0.1	0.53	0.1	0.25	0.13	0.19	0.16	0.35	0.32	0.06	0.2	0.1	0.22	0.28	0.19	0.37	0.08		0.22	-0.74	0.69	0.08	0.34
Total Current Assets	0.99	0.29	0.82	0.99	0.7	0.99	0.99	0.94	0.9	0.97	0.9	0.88	0.88	0.97	0.89	1.0	0.98	0.09	0.94	0.95	0.22		-0.68	0.82	0.98	0.89
Non Current Liabilities Other	-0.63	-0.21	-0.86	-0.58	-0.73	-0.59	-0.68	-0.53	-0.74	-0.58	-0.83	-0.79	-0.45	-0.62	-0.49	-0.66	-0.68	-0.26	-0.7	-0.58	-0.74	-0.68		-0.95	-0.55	-0.79
Short Term Debt	0.79	0.21	0.9	0.74	0.82	0.74	0.83	0.71	0.77	0.75	0.87	0.85	0.63	0.79	0.67	0.81	0.83	0.26	0.84	0.74	0.69	0.82	-0.95		0.71	0.84
Intangible Assets	0.99	0.23	0.76	1.0	0.61	1.0	0.98	0.97	0.85	0.98	0.84	0.82	0.91	0.97	0.91	0.99	0.96	0.01	0.92	0.94	0.08	0.98	-0.55	0.71		0.83
Common Stock	0.87	0.27	0.9	0.86	0.76	0.86	0.9	0.8	0.91	0.84	0.97	0.94	0.72	0.86	0.75	0.88	0.92	0.14	0.84	0.81	0.34	0.89	-0.79	0.84	0.83

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Konfoong Materials Account Relationship Matchups

Konfoong Materials fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.4B	2.9B	5.1B	6.3B	7.2B	7.6B
Other Current Liab	16.4M	17.7M	123.0M	799.5K	919.4K	873.4K
Total Current Liabilities	1.1B	840.9M	792.8M	1.3B	1.5B	807.8M
Total Stockholder Equity	1.1B	1.5B	4.0B	4.2B	4.8B	5.0B
Other Liab	63.0M	82.2M	107.3M	69.7M	80.2M	62.7M
Net Tangible Assets	648.3M	967.8M	1.3B	3.6B	4.2B	4.4B
Retained Earnings	391.1M	467.2M	709.6M	777.4M	894.0M	938.7M
Accounts Payable	261.6M	283.5M	420.5M	836.0M	961.4M	1.0B
Cash	406.2M	482.1M	1.3B	958.9M	1.1B	572.1M
Non Current Assets Total	1.2B	1.4B	2.2B	3.4B	3.9B	4.1B
Non Currrent Assets Other	53.5M	64.0M	92.7M	102.0M	117.3M	61.8M
Other Assets	110.7M	126.5M	180.0M	205.6M	236.5M	128.1M
Long Term Debt	110.9M	464.1M	209.2M	750.0M	862.5M	905.6M
Net Receivables	260.6M	384.6M	442.0M	665.3M	765.1M	803.4M
Non Current Liabilities Total	199.2M	594.7M	306.4M	864.5M	994.1M	1.0B
Inventory	502.1M	588.7M	1.1B	1.1B	1.3B	1.3B
Other Current Assets	37.3M	33.0M	60.3M	71.6M	82.3M	86.5M
Other Stockholder Equity	1.8M	1.2M	145.7M	3.1M	3.6M	3.4M
Total Liab	1.3B	1.4B	1.1B	2.1B	2.5B	2.6B
Deferred Long Term Liab	9.8M	10.0M	51.7M	56.1M	64.5M	67.7M
Short Long Term Debt	738.0M	376.4M	151.6M	185.2M	212.9M	359.2M
Total Current Assets	1.2B	1.5B	2.9B	2.9B	3.3B	3.5B
Intangible Assets	105.6M	130.6M	393.1M	436.9M	502.4M	527.6M
Property Plant Equipment	470.4M	677.9M	852.2M	1.2B	1.4B	1.5B
Common Stock Shares Outstanding	224.4M	227.6M	265.6M	265.4M	305.3M	257.6M
Net Invested Capital	1.9B	2.3B	4.4B	5.1B	5.9B	6.2B
Net Working Capital	135.7M	647.4M	2.1B	1.6B	1.8B	1.9B
Capital Stock	224.4M	227.6M	265.6M	265.4M	305.3M	260.4M
Property Plant And Equipment Net	677.9M	852.2M	1.2B	2.1B	2.4B	2.5B
Property Plant And Equipment Gross	976.5M	1.2B	1.2B	2.6B	3.0B	3.1B

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Other Information on Investing in Konfoong Stock

Balance Sheet is a snapshot of the financial position of Konfoong Materials at a specified time, usually calculated after every quarter, six months, or one year. Konfoong Materials Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Konfoong Materials and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Konfoong currently owns. An asset can also be divided into two categories, current and non-current.

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Konfoong Change In Cash vs Depreciation Analysis

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

Correlation Coefficient

Change In Cash

Depreciation

Konfoong Materials fundamental ratios Correlations

Konfoong Materials Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Konfoong Materials fundamental ratios Accounts

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Other Information on Investing in Konfoong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Net Tangible Assets
Inventory	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Current Assets	+ 1.0	Inventory

Short Term Debt	- 0.95	Non Current Liabilities Other
Non Current Liabilities Other	- 0.86	Total Current Liabilities
Non Current Liabilities Other	- 0.83	Non Currrent Assets Other
Common Stock	- 0.79	Non Current Liabilities Other
Non Current Liabilities Other	- 0.79	Other Assets
Non Current Liabilities Other	- 0.74	Short Long Term Debt