Kewaunee Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

KEQU Stock  USD 41.05  0.26  0.63%   
Kewaunee Scientific financial indicator trend analysis is infinitely more than just investigating Kewaunee Scientific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kewaunee Scientific is a good investment. Please check the relationship between Kewaunee Scientific Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kewaunee Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Kewaunee Stock please use our How to Invest in Kewaunee Scientific guide.

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kewaunee Scientific Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kewaunee Scientific's Common Stock Shares Outstanding and Total Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Kewaunee Scientific, assuming nothing else is changed. The correlation between historical values of Kewaunee Scientific's Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Kewaunee Scientific are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Kewaunee Scientific's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Kewaunee Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kewaunee Scientific 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 Kewaunee Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Kewaunee Stock please use our How to Invest in Kewaunee Scientific guide.At this time, Kewaunee Scientific's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 9.91 in 2024, despite the fact that Tax Provision is likely to grow to (5.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit24.2M35.6M52.1M54.7M
Total Revenue168.9M219.5M203.8M109.6M

Kewaunee Scientific fundamental ratios Correlations

0.140.250.70.40.52-0.380.170.710.630.360.710.70.910.870.920.840.440.960.990.090.960.83-0.270.160.84
0.140.250.40.050.790.67-0.05-0.20.61-0.07-0.20.20.20.160.090.490.20.220.060.480.180.1-0.18-0.540.15
0.250.250.370.180.590.18-0.120.070.48-0.260.070.380.350.380.190.440.760.330.24-0.380.350.15-0.81-0.520.36
0.70.40.370.650.680.060.440.20.790.410.20.950.780.560.820.720.180.720.730.380.80.31-0.180.080.59
0.40.050.180.650.27-0.330.930.390.550.340.390.530.650.040.460.16-0.10.240.430.40.360.260.090.370.64
0.520.790.590.680.270.410.040.060.890.030.060.580.580.580.470.790.480.610.460.110.570.37-0.38-0.480.52
-0.380.670.180.06-0.330.41-0.33-0.830.09-0.3-0.830.01-0.32-0.19-0.230.070.08-0.21-0.40.18-0.19-0.56-0.04-0.61-0.51
0.17-0.05-0.120.440.930.04-0.330.260.360.420.260.320.41-0.20.26-0.12-0.41-0.010.190.480.090.110.420.510.44
0.71-0.20.070.20.390.06-0.830.260.280.221.00.150.650.490.470.370.290.550.68-0.010.510.88-0.230.310.81
0.630.610.480.790.550.890.090.360.280.350.280.70.710.610.580.720.240.660.590.180.630.52-0.2-0.10.74
0.36-0.07-0.260.410.340.03-0.30.420.220.350.220.450.290.30.430.18-0.450.340.390.320.330.250.480.640.31
0.71-0.20.070.20.390.06-0.830.261.00.280.220.150.650.490.470.370.290.550.68-0.010.510.88-0.230.310.81
0.70.20.380.950.530.580.010.320.150.70.450.150.720.660.850.70.180.760.750.170.830.27-0.180.150.52
0.910.20.350.780.650.58-0.320.410.650.710.290.650.720.710.880.790.450.840.910.180.870.7-0.280.160.84
0.870.160.380.560.040.58-0.19-0.20.490.610.30.490.660.710.770.890.520.950.85-0.220.880.72-0.39-0.030.65
0.920.090.190.820.460.47-0.230.260.470.580.430.470.850.880.770.790.310.910.950.190.960.58-0.140.240.67
0.840.490.440.720.160.790.07-0.120.370.720.180.370.70.790.890.790.60.920.820.070.880.6-0.46-0.230.61
0.440.20.760.18-0.10.480.08-0.410.290.24-0.450.290.180.450.520.310.60.490.41-0.40.470.37-0.83-0.510.34
0.960.220.330.720.240.61-0.21-0.010.550.660.340.550.760.840.950.910.920.490.960.00.970.74-0.340.040.73
0.990.060.240.730.430.46-0.40.190.680.590.390.680.750.910.850.950.820.410.960.090.970.77-0.270.220.8
0.090.48-0.380.380.40.110.180.48-0.010.180.32-0.010.170.18-0.220.190.07-0.40.00.090.08-0.030.340.150.07
0.960.180.350.80.360.57-0.190.090.510.630.330.510.830.870.880.960.880.470.970.970.080.67-0.330.070.72
0.830.10.150.310.260.37-0.560.110.880.520.250.880.270.70.720.580.60.370.740.77-0.030.67-0.230.10.88
-0.27-0.18-0.81-0.180.09-0.38-0.040.42-0.23-0.20.48-0.23-0.18-0.28-0.39-0.14-0.46-0.83-0.34-0.270.34-0.33-0.230.57-0.27
0.16-0.54-0.520.080.37-0.48-0.610.510.31-0.10.640.310.150.16-0.030.24-0.23-0.510.040.220.150.070.10.570.15
0.840.150.360.590.640.52-0.510.440.810.740.310.810.520.840.650.670.610.340.730.80.070.720.88-0.270.15
Click cells to compare fundamentals

Kewaunee Scientific Account Relationship Matchups

Kewaunee Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets83.9M89.4M118.8M118.9M134.8M141.5M
Short Long Term Debt Total13.8M16.1M9.4M12.9M11.0M8.1M
Other Current Liab5.4M6.1M7.8M6.7M7.8M4.2M
Total Current Liabilities27.1M34.2M42.3M40.1M40.8M20.6M
Total Stockholder Equity38.4M41.2M35.7M37.4M54.8M30.7M
Property Plant And Equipment Net25.6M25.3M22.7M25.6M25.1M16.3M
Net Debt9.4M10.9M5.0M4.8M(12.3M)(11.7M)
Retained Earnings37.8M34.1M28.0M28.8M47.5M25.5M
Cash4.4M5.2M4.4M8.1M23.3M24.4M
Non Current Assets Total29.7M28.9M27.2M31.0M37.9M20.7M
Non Currrent Assets Other3.8M2.4M4.1M4.5M5.4M3.6M
Cash And Short Term Investments4.4M5.2M4.4M8.1M23.3M24.4M
Net Receivables28.1M32.9M54.7M46.1M45.1M25.3M
Common Stock Shares Outstanding2.8M2.8M2.8M2.9M2.9M2.9M
Liabilities And Stockholders Equity83.9M89.4M118.8M118.9M134.8M141.5M
Non Current Liabilities Total18.2M13.7M40.3M40.4M37.8M39.7M
Inventory15.3M16.5M23.8M21.9M20.7M21.7M
Other Current Assets5.6M5.9M8.6M11.9M7.8M8.2M
Other Stockholder Equity3.3M3.8M4.4M5.0M3.4M5.3M
Total Liab45.2M47.9M82.6M80.4M78.6M82.5M
Total Current Assets54.2M60.5M91.6M87.9M96.8M101.7M
Short Term Debt6.0M8.2M3.6M5.6M5.3M4.4M
Accounts Payable13.1M16.8M27.3M23.6M23.3M24.4M
Property Plant And Equipment Gross25.6M25.3M22.7M25.6M71.7M75.3M
Accumulated Other Comprehensive Income(9.6M)(3.6M)(3.7M)(3.4M)(3.4M)(3.6M)
Other Liab10.3M5.8M5.1M4.9M5.7M6.2M
Other Assets4.1M3.7M4.5M5.4M6.2M5.8M
Common Stock Total Equity6.8M6.9M6.9M6.9M8.0M7.3M
Common Stock6.9M6.9M7.0M7.1M7.3M7.4M
Property Plant Equipment16.3M25.3M22.7M25.6M29.4M16.4M
Current Deferred Revenue2.5M3.1M3.5M4.1M4.4M4.6M
Net Tangible Assets38.4M41.2M35.7M37.4M43.0M42.0M
Noncontrolling Interest In Consolidated Entity462K603K288K246K221.4K210.3K
Retained Earnings Total Equity43.2M43.6M37.8M34.1M39.3M35.8M
Capital Surpluse3.0M3.1M3.4M3.8M4.4M2.7M

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