K-Bro Other Current Liab vs Total Liab Analysis

KBL Stock

CAD 33.88 0.17 0.50%

K-Bro Linen financial indicator trend analysis is infinitely more than just investigating K Bro Linen recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether K Bro Linen is a good investment. Please check the relationship between K-Bro Linen Other Current Liab and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K Bro Linen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of K Bro Linen Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between K-Bro Linen's Other Current Liab and Total Liab is 0.77. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of K Bro Linen, assuming nothing else is changed. The correlation between historical values of K-Bro Linen's Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of K Bro Linen are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., K-Bro Linen's Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from K-Bro Linen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into K Bro Linen 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 K Bro Linen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, K-Bro Linen's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 1st of March 2025, Enterprise Value Over EBITDA is likely to grow to 8.29, while Selling General Administrative is likely to drop about 98.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	234.4M	114.5M	131.7M	140.2M
Total Revenue	276.6M	320.9M	369.0M	387.5M

Gross Profit Total Revenue

K-Bro Linen fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.7	0.95	0.85	0.99	0.95	-0.75	0.84	-0.49	0.89	0.02	0.95	0.88	0.97	0.62	0.98	-0.5	0.97	0.92	0.97	-0.23	-0.19	0.88	0.87	0.9
Short Long Term Debt Total	0.96		0.8	0.96	0.71	0.93	1.0	-0.85	0.75	-0.55	0.82	0.05	0.95	0.82	1.0	0.65	0.97	-0.42	1.0	0.95	0.95	-0.19	-0.27	0.83	0.78	0.82
Other Current Liab	0.7	0.8		0.7	0.55	0.68	0.8	-0.64	0.6	-0.36	0.7	0.13	0.69	0.64	0.79	0.48	0.69	-0.19	0.77	0.68	0.7	0.02	-0.3	0.75	0.64	0.65
Total Current Liabilities	0.95	0.96	0.7		0.7	0.91	0.95	-0.81	0.8	-0.47	0.77	0.07	0.98	0.8	0.96	0.78	0.97	-0.51	0.98	0.97	0.99	-0.23	-0.12	0.82	0.75	0.79
Total Stockholder Equity	0.85	0.71	0.55	0.7		0.89	0.7	-0.52	0.88	-0.35	0.97	-0.06	0.72	0.93	0.73	0.3	0.78	-0.48	0.73	0.67	0.75	-0.26	-0.17	0.89	0.97	0.97
Property Plant And Equipment Net	0.99	0.93	0.68	0.91	0.89		0.93	-0.72	0.82	-0.48	0.92	-0.06	0.91	0.91	0.94	0.53	0.95	-0.49	0.94	0.89	0.93	-0.27	-0.24	0.86	0.9	0.92
Net Debt	0.95	1.0	0.8	0.95	0.7	0.93		-0.86	0.73	-0.57	0.81	0.01	0.94	0.82	0.99	0.63	0.96	-0.42	0.99	0.95	0.94	-0.2	-0.3	0.82	0.77	0.8
Retained Earnings	-0.75	-0.85	-0.64	-0.81	-0.52	-0.72	-0.86		-0.63	0.64	-0.65	-0.1	-0.78	-0.7	-0.83	-0.46	-0.83	0.33	-0.83	-0.87	-0.79	0.24	0.36	-0.69	-0.64	-0.67
Accounts Payable	0.84	0.75	0.6	0.8	0.88	0.82	0.73	-0.63		-0.35	0.9	0.01	0.82	0.9	0.77	0.56	0.81	-0.52	0.78	0.78	0.83	-0.24	0.04	0.95	0.91	0.91
Cash	-0.49	-0.55	-0.36	-0.47	-0.35	-0.48	-0.57	0.64	-0.35		-0.45	0.29	-0.43	-0.44	-0.54	-0.17	-0.45	-0.03	-0.53	-0.49	-0.45	-0.16	0.47	-0.43	-0.45	-0.46
Non Current Assets Total	0.89	0.82	0.7	0.77	0.97	0.92	0.81	-0.65	0.9	-0.45		-0.06	0.77	0.96	0.83	0.35	0.83	-0.43	0.82	0.75	0.79	-0.22	-0.27	0.95	0.99	0.99
Cash And Short Term Investments	0.02	0.05	0.13	0.07	-0.06	-0.06	0.01	-0.1	0.01	0.29	-0.06		0.05	-0.1	0.05	0.02	0.05	0.0	0.06	0.0	0.11	0.29	0.03	0.09	-0.03	-0.03
Net Receivables	0.95	0.95	0.69	0.98	0.72	0.91	0.94	-0.78	0.82	-0.43	0.77	0.05		0.83	0.95	0.75	0.96	-0.6	0.97	0.96	0.98	-0.32	-0.07	0.83	0.75	0.78
Common Stock Shares Outstanding	0.88	0.82	0.64	0.8	0.93	0.91	0.82	-0.7	0.9	-0.44	0.96	-0.1	0.83		0.83	0.38	0.86	-0.62	0.83	0.79	0.82	-0.42	-0.28	0.94	0.94	0.94
Non Current Liabilities Total	0.97	1.0	0.79	0.96	0.73	0.94	0.99	-0.83	0.77	-0.54	0.83	0.05	0.95	0.83		0.66	0.97	-0.42	1.0	0.95	0.96	-0.17	-0.24	0.84	0.8	0.83
Inventory	0.62	0.65	0.48	0.78	0.3	0.53	0.63	-0.46	0.56	-0.17	0.35	0.02	0.75	0.38	0.66		0.66	-0.34	0.69	0.71	0.74	-0.08	0.34	0.5	0.35	0.39
Other Current Assets	0.98	0.97	0.69	0.97	0.78	0.95	0.96	-0.83	0.81	-0.45	0.83	0.05	0.96	0.86	0.97	0.66		-0.51	0.98	0.96	0.98	-0.29	-0.18	0.84	0.82	0.86
Other Stockholder Equity	-0.5	-0.42	-0.19	-0.51	-0.48	-0.49	-0.42	0.33	-0.52	-0.03	-0.43	0.0	-0.6	-0.62	-0.42	-0.34	-0.51		-0.44	-0.46	-0.52	0.78	0.03	-0.46	-0.38	-0.39
Total Liab	0.97	1.0	0.77	0.98	0.73	0.94	0.99	-0.83	0.78	-0.53	0.82	0.06	0.97	0.83	1.0	0.69	0.98	-0.44		0.96	0.98	-0.19	-0.21	0.85	0.79	0.83
Property Plant And Equipment Gross	0.92	0.95	0.68	0.97	0.67	0.89	0.95	-0.87	0.78	-0.49	0.75	0.0	0.96	0.79	0.95	0.71	0.96	-0.46	0.96		0.96	-0.31	-0.13	0.78	0.74	0.78
Total Current Assets	0.97	0.95	0.7	0.99	0.75	0.93	0.94	-0.79	0.83	-0.45	0.79	0.11	0.98	0.82	0.96	0.74	0.98	-0.52	0.98	0.96		-0.23	-0.08	0.84	0.79	0.83
Intangible Assets	-0.23	-0.19	0.02	-0.23	-0.26	-0.27	-0.2	0.24	-0.24	-0.16	-0.22	0.29	-0.32	-0.42	-0.17	-0.08	-0.29	0.78	-0.19	-0.31	-0.23		0.05	-0.15	-0.17	-0.18
Non Currrent Assets Other	-0.19	-0.27	-0.3	-0.12	-0.17	-0.24	-0.3	0.36	0.04	0.47	-0.27	0.03	-0.07	-0.28	-0.24	0.34	-0.18	0.03	-0.21	-0.13	-0.08	0.05		-0.18	-0.21	-0.2
Good Will	0.88	0.83	0.75	0.82	0.89	0.86	0.82	-0.69	0.95	-0.43	0.95	0.09	0.83	0.94	0.84	0.5	0.84	-0.46	0.85	0.78	0.84	-0.15	-0.18		0.94	0.94
Common Stock Total Equity	0.87	0.78	0.64	0.75	0.97	0.9	0.77	-0.64	0.91	-0.45	0.99	-0.03	0.75	0.94	0.8	0.35	0.82	-0.38	0.79	0.74	0.79	-0.17	-0.21	0.94		1.0
Common Stock	0.9	0.82	0.65	0.79	0.97	0.92	0.8	-0.67	0.91	-0.46	0.99	-0.03	0.78	0.94	0.83	0.39	0.86	-0.39	0.83	0.78	0.83	-0.18	-0.2	0.94	1.0

Click cells to compare fundamentals

K-Bro Linen Account Relationship Matchups

K-Bro Linen fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	323.8M	332.5M	325.8M	364.7M	419.4M	440.4M
Short Long Term Debt Total	86.7M	94.9M	98.8M	123.5M	142.1M	149.2M
Other Current Liab	2.0M	1.8M	3.1M	5.2M	4.7M	2.9M
Total Current Liabilities	38.8M	43.5M	43.5M	57.5M	66.1M	69.4M
Total Stockholder Equity	189.5M	186.4M	176.5M	174.4M	200.6M	126.9M
Property Plant And Equipment Net	208.7M	213.5M	203.2M	206.8M	237.8M	249.7M
Net Debt	84.2M	93.8M	96.2M	117.7M	135.3M	142.1M
Retained Earnings	(19.1M)	(23.2M)	(32.2M)	(27.5M)	(24.8M)	(23.5M)
Accounts Payable	24.6M	30.1M	30.7M	38.2M	43.9M	22.7M
Cash	2.4M	1.1M	2.6M	5.9M	5.3M	3.6M
Non Current Assets Total	257.1M	258.7M	245.7M	265.1M	304.9M	157.9M
Cash And Short Term Investments	2.4M	1.1M	2.6M	5.9M	6.7M	7.1M
Net Receivables	28.5M	36.8M	39.7M	50.3M	57.9M	60.7M
Common Stock Shares Outstanding	10.6M	10.7M	10.7M	10.7M	12.3M	8.9M
Liabilities And Stockholders Equity	323.8M	332.5M	325.8M	364.7M	419.4M	440.4M
Non Current Liabilities Total	95.6M	102.6M	105.7M	132.8M	152.7M	160.3M
Inventory	4.2M	4.5M	6.4M	35.3M	40.6M	42.6M
Other Current Assets	35.8M	35.8M	38.5M	43.4M	50.0M	52.5M
Other Stockholder Equity	2.3M	2.3M	2.3M	(4.3M)	(3.9M)	(3.7M)
Total Liab	134.3M	146.1M	149.2M	190.3M	218.8M	229.8M
Property Plant And Equipment Gross	208.7M	366.1M	378.6M	407.9M	469.1M	492.5M
Total Current Assets	66.7M	73.8M	80.1M	99.6M	114.6M	120.3M
Accumulated Other Comprehensive Income	1.4M	636K	(2.0M)	(167K)	(192.1K)	(201.7K)
Intangible Assets	10.0M	7.0M	4.4M	9.4M	8.5M	10.0M
Non Currrent Assets Other	(281.5M)	(257.1M)	(258.7M)	696K	626.4K	657.7K
Good Will	38.5M	38.2M	37.4M	48.9M	56.2M	29.9M
Common Stock	204.9M	206.7M	208.5M	206.5M	237.4M	149.9M
Other Liab	15.4M	17.2M	16.9M	16.5M	19.0M	13.4M
Net Tangible Assets	140.9M	141.0M	141.2M	134.7M	155.0M	126.5M
Long Term Debt	40.7M	38.0M	45.2M	70.2M	80.8M	45.9M
Short Term Debt	8.3M	9.2M	9.6M	12.0M	10.8M	11.0M
Property Plant Equipment	226.3M	208.7M	213.5M	203.2M	233.7M	169.8M
Long Term Debt Total	101.0M	78.4M	85.7M	89.2M	102.6M	68.1M
Capital Surpluse	2.2M	2.3M	2.3M	2.3M	2.7M	2.3M
Net Invested Capital	230.2M	224.4M	221.7M	244.7M	220.2M	193.5M
Cash And Equivalents	5.3M	2.4M	1.1M	2.6M	2.4M	3.4M
Net Working Capital	27.9M	30.3M	36.6M	42.1M	48.4M	36.9M
Capital Stock	204.9M	206.7M	208.5M	206.5M	237.4M	225.7M

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

0.74

Royal Bank

Pair Corr

Moving against K-Bro Stock

0.8	TD	Toronto Dominion Bank	Pair Corr
0.62	TD-PFD	Toronto Dominion Bank	Pair Corr
0.52	RY-PM	Royal Bank	Pair Corr
0.47	CAE	CAE Inc	Pair Corr
0.4	LOU	Lucero Energy Corp	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in K-Bro Stock

Balance Sheet is a snapshot of the financial position of K Bro Linen at a specified time, usually calculated after every quarter, six months, or one year. K-Bro Linen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of K-Bro Linen 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 K-Bro currently owns. An asset can also be divided into two categories, current and non-current.

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K-Bro Other Current Liab vs Total Liab Analysis

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

Correlation Coefficient

Other Current Liab

Total Liab

K-Bro Linen fundamental ratios Correlations

K-Bro Linen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

K-Bro Linen fundamental ratios Accounts

Pair Trading with K-Bro Linen

Moving together with K-Bro Stock

Moving against K-Bro Stock

Other Information on Investing in K-Bro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.87	Retained Earnings
Retained Earnings	- 0.86	Net Debt
Retained Earnings	- 0.85	Short Long Term Debt Total
Total Liab	- 0.83	Retained Earnings
Other Current Assets	- 0.83	Retained Earnings
Non Current Liabilities Total	- 0.83	Retained Earnings