Kaiser Net Income vs Depreciation Analysis

KALU Stock  USD 70.21  0.17  0.24%   
Kaiser Aluminum financial indicator trend analysis is infinitely more than just investigating Kaiser Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaiser Aluminum is a good investment. Please check the relationship between Kaiser Aluminum Net Income and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaiser Aluminum Net Income account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kaiser Aluminum's Net Income and Depreciation is -0.02. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Kaiser Aluminum, assuming nothing else is changed. The correlation between historical values of Kaiser Aluminum's Net Income 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 Net Income of Kaiser Aluminum 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 Net Income i.e., Kaiser Aluminum's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Kaiser Aluminum financial statement analysis. It represents the amount of money remaining after all of Kaiser Aluminum operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Kaiser Aluminum value has been used up. For tax purposes Kaiser Aluminum can deduct the cost of the tangible assets it purchases as business expenses. However, Kaiser Aluminum 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 Kaiser Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaiser Aluminum 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 Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.At this time, Kaiser Aluminum's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.4 B in 2025, whereas Selling General Administrative is likely to drop slightly above 108.1 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense48.3M46.9M42.2M44.3M
Depreciation And Amortization106.9M108.6M124.9M131.1M

Kaiser Aluminum fundamental ratios Correlations

0.18-0.010.750.47-0.510.180.10.420.07-0.220.360.19-0.27-0.180.820.170.38-0.01-0.590.27-0.07-0.040.830.010.98
0.180.850.230.76-0.370.830.71-0.070.80.160.860.19-0.030.710.160.850.8-0.08-0.460.890.570.870.17-0.210.21
-0.010.850.260.64-0.50.840.85-0.370.880.190.710.1-0.020.870.260.970.72-0.27-0.510.950.840.760.25-0.250.04
0.750.230.260.73-0.680.380.410.160.36-0.290.34-0.11-0.380.180.830.340.490.16-0.690.470.30.060.830.050.71
0.470.760.640.73-0.550.730.730.030.78-0.220.780.04-0.390.610.510.670.830.22-0.590.810.530.540.51-0.030.45
-0.51-0.37-0.5-0.68-0.55-0.74-0.570.29-0.590.15-0.330.170.33-0.49-0.56-0.63-0.660.50.92-0.65-0.47-0.31-0.570.15-0.48
0.180.830.840.380.73-0.740.85-0.380.88-0.080.71-0.06-0.290.840.220.890.9-0.39-0.710.910.740.720.22-0.220.19
0.10.710.850.410.73-0.570.85-0.510.92-0.340.790.03-0.510.890.360.860.87-0.25-0.470.890.90.440.36-0.180.14
0.42-0.07-0.370.160.030.29-0.38-0.51-0.450.3-0.14-0.040.41-0.520.17-0.35-0.340.43-0.04-0.27-0.580.020.170.180.42
0.070.80.880.360.78-0.590.880.92-0.45-0.150.770.04-0.370.940.280.890.85-0.23-0.530.920.780.610.28-0.240.09
-0.220.160.19-0.29-0.220.15-0.08-0.340.3-0.15-0.260.010.92-0.11-0.220.12-0.37-0.03-0.060.03-0.170.52-0.22-0.13-0.21
0.360.860.710.340.78-0.330.710.79-0.140.77-0.260.34-0.440.630.380.760.88-0.01-0.340.820.620.490.39-0.250.41
0.190.190.1-0.110.040.17-0.060.03-0.040.040.010.34-0.08-0.040.140.110.120.130.230.10.02-0.010.14-0.030.13
-0.27-0.03-0.02-0.38-0.390.33-0.29-0.510.41-0.370.92-0.44-0.08-0.31-0.31-0.11-0.570.00.1-0.19-0.360.38-0.310.07-0.26
-0.180.710.870.180.61-0.490.840.89-0.520.94-0.110.63-0.04-0.310.10.840.73-0.32-0.440.840.830.590.09-0.24-0.14
0.820.160.260.830.51-0.560.220.360.170.28-0.220.380.14-0.310.10.380.38-0.06-0.60.440.27-0.11.0-0.070.84
0.170.850.970.340.67-0.630.890.86-0.350.890.120.760.11-0.110.840.380.79-0.39-0.640.980.810.720.38-0.310.22
0.380.80.720.490.83-0.660.90.87-0.340.85-0.370.880.12-0.570.730.380.79-0.19-0.590.860.670.50.38-0.20.39
-0.01-0.08-0.270.160.220.5-0.39-0.250.43-0.23-0.03-0.010.130.0-0.32-0.06-0.39-0.190.44-0.25-0.28-0.12-0.060.31-0.06
-0.59-0.46-0.51-0.69-0.590.92-0.71-0.47-0.04-0.53-0.06-0.340.230.1-0.44-0.6-0.64-0.590.44-0.67-0.37-0.47-0.610.12-0.58
0.270.890.950.470.81-0.650.910.89-0.270.920.030.820.1-0.190.840.440.980.86-0.25-0.670.790.720.44-0.250.3
-0.070.570.840.30.53-0.470.740.9-0.580.78-0.170.620.02-0.360.830.270.810.67-0.28-0.370.790.370.27-0.24-0.02
-0.040.870.760.060.54-0.310.720.440.020.610.520.49-0.010.380.59-0.10.720.5-0.12-0.470.720.37-0.09-0.11-0.05
0.830.170.250.830.51-0.570.220.360.170.28-0.220.390.14-0.310.091.00.380.38-0.06-0.610.440.27-0.09-0.070.85
0.01-0.21-0.250.05-0.030.15-0.22-0.180.18-0.24-0.13-0.25-0.030.07-0.24-0.07-0.31-0.20.310.12-0.25-0.24-0.11-0.07-0.06
0.980.210.040.710.45-0.480.190.140.420.09-0.210.410.13-0.26-0.140.840.220.39-0.06-0.580.3-0.02-0.050.85-0.06
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Kaiser Aluminum Account Relationship Matchups

Kaiser Aluminum fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding15.9M15.8M15.9M16.1M14.5M13.8M
Total Assets1.9B2.4B2.3B2.3B2.0B1.6B
Short Long Term Debt Total863.7M1.1B1.1B1.1B971.2M1.0B
Other Current Liab67M95.8M93.5M97.7M87.9M149.4M
Total Current Liabilities158.3M456.7M418.7M370M333M290.4M
Total Stockholder Equity732.4M692.5M631.2M652.2M750.0M787.5M
Property Plant And Equipment Net653.7M1.0B1.1B1.1B975.9M590.2M
Net Debt83.4M773.9M1.0B996.7M897.0M941.9M
Retained Earnings158.2M93M13.3M10.1M11.6M12.2M
Accounts Payable86.1M351.4M305.1M252.7M227.4M238.8M
Cash780.3M303.2M57.4M82.4M94.8M112.4M
Non Current Assets Total743.3M1.2B1.2B1.3B1.1B1.0B
Non Currrent Assets Other44.1M89.7M96.1M118.1M106.3M101.0M
Cash And Short Term Investments780.3M303.2M57.4M82.4M94.8M141.1M
Net Receivables160.5M448.9M429.3M396.1M356.5M374.3M
Liabilities And Stockholders Equity1.9B2.4B2.3B2.3B2.0B1.6B
Non Current Liabilities Total974M1.3B1.2B1.2B1.1B1.1B
Inventory152M404.6M525.4M477.2M429.5M253.1M
Other Current Assets28.6M48.7M30.5M34.5M31.1M50.9M
Other Stockholder Equity592.7M603M614.5M628.8M723.1M747.2M
Total Liab1.1B1.7B1.7B1.6B1.5B1.4B
Property Plant And Equipment Gross653.7M1.0B1.1B1.7B1.6B1.7B
Total Current Assets1.1B1.2B1.0B990.2M891.2M580.3M
Accumulated Other Comprehensive Income(18.7M)(3.7M)3.2M13.1M15.1M15.8M
Short Term Debt6.3M11.1M11.2M10.1M11.6M11.0M
Current Deferred Revenue(6.3M)(11.1M)(11.2M)(10.1M)(9.1M)(8.6M)
Other Liab98.7M110.3M196.1M160.4M144.4M137.1M
Other Assets51.8M44.1M108.6M120M108M102.6M
Long Term Debt838.1M1.0B1.0B1.0B1.2B1.3B
Property Plant Equipment622M627.2M1.0B1.0B1.2B619.1M
Intangible Assets26.7M67.7M55.3M50M57.5M32.5M
Net Tangible Assets685.5M686.9M585.5M557.1M501.4M614.8M
Retained Earnings Total Equity172.8M158.2M93M13.3M12.0M11.4M
Long Term Debt Total492.6M838.1M1.0B1.0B1.2B1.3B
Capital Surpluse1.1B1.1B1.1B1.1B1.3B1.1B

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Additional Tools for Kaiser Stock Analysis

When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.