KEI Other Operating Expenses vs Net Income From Continuing Ops Analysis

KEI Stock   4,177  25.90  0.62%   
KEI Industries financial indicator trend analysis is infinitely more than just investigating KEI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KEI Industries is a good investment. Please check the relationship between KEI Industries Other Operating Expenses and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KEI Industries Limited. 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 Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEI Industries Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KEI Industries' Other Operating Expenses and Net Income From Continuing Ops is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of KEI Industries Limited, assuming nothing else is changed. The correlation between historical values of KEI Industries' Other Operating Expenses and Net Income From Continuing Ops 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 Operating Expenses of KEI Industries Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., KEI Industries' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of KEI Industries. It is also known as KEI Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

Most indicators from KEI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KEI Industries 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 KEI Industries Limited. 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 present, KEI Industries' Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense347.1M308.8M355.1M337.4M
Depreciation And Amortization493.5M613.6M552.2M524.6M

KEI Industries fundamental ratios Correlations

-0.40.910.610.970.98-0.750.970.910.930.970.930.970.28-0.320.990.660.910.571.0-0.220.780.90.70.860.39
-0.4-0.330.29-0.58-0.340.89-0.56-0.22-0.61-0.35-0.6-0.26-0.020.73-0.44-0.1-0.590.37-0.40.95-0.03-0.47-0.16-0.520.44
0.91-0.330.660.850.88-0.640.860.890.810.880.80.880.58-0.20.90.810.740.630.91-0.180.680.820.620.730.47
0.610.290.660.430.59-0.050.420.780.320.570.320.730.460.150.560.780.440.990.620.340.80.380.610.460.79
0.97-0.580.850.430.94-0.881.00.810.980.940.980.90.19-0.470.980.530.940.380.97-0.40.690.910.620.90.21
0.98-0.340.880.590.94-0.710.950.890.921.00.920.920.25-0.210.970.620.840.560.97-0.170.750.950.660.810.33
-0.750.89-0.64-0.05-0.88-0.71-0.87-0.53-0.9-0.71-0.9-0.62-0.10.69-0.79-0.3-0.830.02-0.750.77-0.39-0.78-0.39-0.80.17
0.97-0.560.860.421.00.95-0.870.80.990.950.990.880.22-0.450.980.530.90.370.96-0.380.660.940.610.890.19
0.91-0.220.890.780.810.89-0.530.80.720.880.720.940.41-0.120.880.860.790.760.91-0.070.770.760.780.680.57
0.93-0.610.810.320.980.92-0.90.990.720.921.00.820.14-0.490.950.420.880.270.92-0.430.60.930.530.870.09
0.97-0.350.880.570.941.0-0.710.950.880.920.920.910.24-0.210.970.60.830.550.96-0.180.730.950.650.810.3
0.93-0.60.80.320.980.92-0.90.990.721.00.920.810.14-0.480.950.420.870.260.92-0.430.590.940.520.870.08
0.97-0.260.880.730.90.92-0.620.880.940.820.910.810.3-0.260.940.720.90.690.97-0.080.820.790.770.820.57
0.28-0.020.580.460.190.25-0.10.220.410.140.240.140.30.070.240.730.060.450.290.00.160.180.40.120.35
-0.320.73-0.20.15-0.47-0.210.69-0.45-0.12-0.49-0.21-0.48-0.260.07-0.35-0.04-0.530.27-0.340.61-0.03-0.25-0.12-0.530.19
0.99-0.440.90.560.980.97-0.790.980.880.950.970.950.940.24-0.350.620.910.510.99-0.260.760.910.630.860.31
0.66-0.10.810.780.530.62-0.30.530.860.420.60.420.720.73-0.040.620.510.760.67-0.010.560.460.680.40.64
0.91-0.590.740.440.940.84-0.830.90.790.880.830.870.90.06-0.530.910.510.370.92-0.430.730.760.630.880.24
0.570.370.630.990.380.560.020.370.760.270.550.260.690.450.270.510.760.370.570.410.780.360.590.390.79
1.0-0.40.910.620.970.97-0.750.960.910.920.960.920.970.29-0.340.990.670.920.57-0.220.780.880.70.860.4
-0.220.95-0.180.34-0.4-0.170.77-0.38-0.07-0.43-0.18-0.43-0.080.00.61-0.26-0.01-0.430.41-0.220.02-0.32-0.05-0.410.54
0.78-0.030.680.80.690.75-0.390.660.770.60.730.590.820.16-0.030.760.560.730.780.780.020.570.590.750.46
0.9-0.470.820.380.910.95-0.780.940.760.930.950.940.790.18-0.250.910.460.760.360.88-0.320.570.580.780.17
0.7-0.160.620.610.620.66-0.390.610.780.530.650.520.770.4-0.120.630.680.630.590.7-0.050.590.580.550.54
0.86-0.520.730.460.90.81-0.80.890.680.870.810.870.820.12-0.530.860.40.880.390.86-0.410.750.780.550.18
0.390.440.470.790.210.330.170.190.570.090.30.080.570.350.190.310.640.240.790.40.540.460.170.540.18
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KEI Industries Account Relationship Matchups

KEI Industries fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets30.1B35.3B37.7B46.6B53.5B56.2B
Short Long Term Debt Total3.3B3.6B1.6B1.7B1.9B1.8B
Other Current Liab1.2B2.4B2.3B2.8B3.3B3.4B
Total Current Liabilities11.4B13.3B11.2B14.3B16.5B9.8B
Total Stockholder Equity17.7B21.4B25.9B31.5B36.2B38.0B
Property Plant And Equipment Net5.4B5.5B5.8B8.9B10.2B10.7B
Net Debt1.1B(36.4M)(3.2B)(5.0B)(4.5B)(4.3B)
Retained Earnings11.5B15.0B19.5B25.0B28.7B30.2B
Accounts Payable7.4B7.6B7.5B10.1B11.6B12.2B
Cash2.2B3.6B4.8B6.7B7.6B8.0B
Non Current Assets Total5.7B5.7B6.1B9.6B11.0B11.6B
Cash And Short Term Investments2.2B3.6B4.8B7.0B8.0B8.4B
Net Receivables13.7B14.2B14.0B15.3B17.6B18.5B
Short Term Investments10.2M7.1M727.6M300M345M298.4M
Liabilities And Stockholders Equity30.1B35.3B37.7B46.6B53.5B56.2B
Non Current Liabilities Total923.7M588.9M634.4M768.5M691.7M1.1B
Inventory7.6B10.8B11.0B13.4B15.4B16.2B
Other Current Assets862.0M1.1B1.8B1.6B1.8B1.9B
Other Stockholder Equity6.0B6.1B6.1B6.2B7.1B7.5B
Total Liab12.3B13.9B11.8B15.1B17.3B11.3B
Total Current Assets24.4B29.6B31.6B37.0B42.5B44.6B
Accumulated Other Comprehensive Income119.4M80.0M76.2M123.1M110.8M167.3M
Short Term Debt2.8B3.3B1.4B1.4B1.6B3.2B
Common Stock179.7M180.2M180.4M180.5M207.6M159.7M
Non Currrent Assets Other228.6M165.6M256.7M661.9M761.1M799.2M
Other Assets175.0M228.6M200K147.1M169.1M177.6M
Common Stock Shares Outstanding90.6M91.2M90.3M90.4M104.0M89.0M
Intangible Assets17.9M20.7M16.9M15.4M17.7M18.4M
Current Deferred Revenue335.3M2.0B1.9B1.5B1.7B1.8B
Other Liab526.8M419.0M385.7M382.1M439.5M419.9M
Net Tangible Assets7.8B15.0B17.8B21.3B24.5B25.8B
Short Long Term Debt2.5B3.3B1.4B1.3B1.2B1.1B
Property Plant Equipment5.6B5.4B5.5B5.8B6.7B5.0B
Long Term Debt Total673.2M313.5M206.7M219.2M197.2M187.4M
Capital Surpluse5.8B6.0B6.1B6.1B7.0B3.7B
Capital Lease Obligations281.1M240.1M265.7M320.0M368.0M193.5M
Cash And Equivalents1.1B1.8B1.8B4.8B5.5B5.8B
Net Invested Capital20.6B24.7B27.2B32.8B37.7B23.9B

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Other Information on Investing in KEI Stock

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