Kirby Other Stockholder Equity vs Accounts Payable Analysis

KEX Stock  USD 123.38  1.51  1.21%   
Kirby financial indicator trend analysis is infinitely more than just investigating Kirby recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirby is a good investment. Please check the relationship between Kirby Other Stockholder Equity and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kirby's Other Stockholder Equity and Accounts Payable is 0.65. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Other Stockholder Equity and Accounts Payable 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 Stockholder Equity of Kirby are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Kirby's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Kirby obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kirby are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Kirby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirby 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 Kirby. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.Selling General Administrative is likely to rise to about 352 M in 2024. Tax Provision is likely to rise to about 74.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit380.0M522.4M700.1M351.2M
Total Revenue2.2B2.8B3.1B3.2B

Kirby fundamental ratios Correlations

0.90.820.880.990.980.90.970.451.0-0.530.480.940.920.960.880.90.710.980.950.31-0.26-0.13-0.730.830.66
0.90.620.710.840.891.00.80.550.9-0.70.560.80.910.960.780.730.80.950.840.3-0.250.02-0.620.670.48
0.820.620.770.850.740.630.870.00.83-0.250.020.750.660.710.710.720.460.760.740.11-0.02-0.27-0.660.750.47
0.880.710.770.870.870.710.840.410.85-0.330.450.930.870.760.890.860.620.860.950.56-0.2-0.19-0.660.960.85
0.990.840.850.870.960.840.990.410.99-0.50.440.930.870.910.880.890.690.950.940.24-0.29-0.21-0.70.840.67
0.980.890.740.870.960.880.950.510.98-0.530.540.930.920.950.870.90.670.980.940.39-0.33-0.11-0.690.790.71
0.91.00.630.710.840.880.80.510.9-0.680.520.790.90.960.780.720.80.940.830.27-0.230.01-0.620.670.47
0.970.80.870.840.990.950.80.340.98-0.420.360.910.830.90.840.90.590.930.90.2-0.24-0.19-0.730.790.63
0.450.550.00.410.410.510.510.340.41-0.650.990.550.550.480.440.340.610.490.560.52-0.460.19-0.130.320.41
1.00.90.830.850.990.980.90.980.41-0.520.440.920.910.970.850.890.690.980.920.27-0.23-0.11-0.740.80.61
-0.53-0.7-0.25-0.33-0.5-0.53-0.68-0.42-0.65-0.52-0.62-0.43-0.61-0.59-0.54-0.27-0.77-0.56-0.52-0.040.490.170.07-0.3-0.21
0.480.560.020.450.440.540.520.360.990.44-0.620.570.560.50.480.370.590.510.60.54-0.490.18-0.140.360.46
0.940.80.750.930.930.930.790.910.550.92-0.430.570.890.860.830.910.710.920.960.51-0.21-0.05-0.740.870.71
0.920.910.660.870.870.920.90.830.550.91-0.610.560.890.910.820.820.820.950.90.46-0.150.02-0.70.830.65
0.960.960.710.760.910.950.960.90.480.97-0.590.50.860.910.790.840.70.990.870.3-0.20.02-0.730.70.52
0.880.780.710.890.880.870.780.840.440.85-0.540.480.830.820.790.760.680.850.950.26-0.46-0.37-0.460.890.85
0.90.730.720.860.890.90.720.90.340.89-0.270.370.910.820.840.760.520.880.880.4-0.1-0.16-0.870.820.69
0.710.80.460.620.690.670.80.590.610.69-0.770.590.710.820.70.680.520.720.730.25-0.27-0.09-0.40.650.4
0.980.950.760.860.950.980.940.930.490.98-0.560.510.920.950.990.850.880.720.930.38-0.21-0.03-0.750.80.63
0.950.840.740.950.940.940.830.90.560.92-0.520.60.960.90.870.950.880.730.930.43-0.36-0.19-0.630.910.81
0.310.30.110.560.240.390.270.20.520.27-0.040.540.510.460.30.260.40.250.380.430.00.27-0.310.410.46
-0.26-0.25-0.02-0.2-0.29-0.33-0.23-0.24-0.46-0.230.49-0.49-0.21-0.15-0.2-0.46-0.1-0.27-0.21-0.360.00.54-0.35-0.13-0.45
-0.130.02-0.27-0.19-0.21-0.110.01-0.190.19-0.110.170.18-0.050.020.02-0.37-0.16-0.09-0.03-0.190.270.54-0.16-0.24-0.33
-0.73-0.62-0.66-0.66-0.7-0.69-0.62-0.73-0.13-0.740.07-0.14-0.74-0.7-0.73-0.46-0.87-0.4-0.75-0.63-0.31-0.35-0.16-0.66-0.34
0.830.670.750.960.840.790.670.790.320.8-0.30.360.870.830.70.890.820.650.80.910.41-0.13-0.24-0.660.83
0.660.480.470.850.670.710.470.630.410.61-0.210.460.710.650.520.850.690.40.630.810.46-0.45-0.33-0.340.83
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Kirby Account Relationship Matchups

Kirby fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.9B5.4B5.6B5.7B6.0B
Short Long Term Debt Total1.5B1.7B1.4B1.3B1.2B1.2B
Other Current Liab237.0M147.7M157.4M138.1M195.6M205.4M
Total Current Liabilities514.1M466.0M543.8M642.2M675.8M709.6M
Total Stockholder Equity3.4B3.1B2.9B3.0B3.2B3.3B
Property Plant And Equipment Net3.9B4.1B3.8B3.8B4.0B4.2B
Net Debt1.5B1.6B1.3B1.2B1.2B1.2B
Retained Earnings2.9B2.6B2.3B2.5B2.7B2.8B
Cash24.7M80.3M34.8M80.6M32.6M23.7M
Non Current Assets Total5.2B4.9B4.4B4.3B4.6B4.8B
Non Currrent Assets Other(530.0M)(551.5M)(526.2M)(563.1M)89.5M93.9M
Cash And Short Term Investments24.7M80.3M34.8M80.6M32.6M34.4M
Net Receivables483.3M600.2M567.9M598.0M578.7M607.7M
Common Stock Shares Outstanding59.9M59.9M60.1M60.3M59.9M58.3M
Liabilities And Stockholders Equity6.1B5.9B5.4B5.6B5.7B6.0B
Non Current Liabilities Total2.2B2.4B2.0B1.9B1.9B2.0B
Inventory351.4M309.7M331.4M461.8M454.4M477.1M
Other Current Assets58.1M57.8M69.8M71.4M69.5M73.0M
Other Stockholder Equity536.9M545.8M559.3M550.7M452.2M256.1M
Total Liab2.7B2.8B2.5B2.5B2.5B2.7B
Total Current Assets917.6M1.0B1.0B1.2B1.1B1.2B
Short Term Debt27.3M65.5M69.7M76.2M74.7M78.5M
Intangible Assets210.7M69.0M60.1M51.5M42.9M40.8M
Other Assets58.2M232.4M48.0M62.8M72.2M73.2M
Accounts Payable206.8M162.5M199.1M278.1M269.4M282.8M
Current Deferred Revenue43.0M45.4M72.8M119.3M134.6M141.3M
Property Plant And Equipment Gross3.9B4.1B5.4B5.5B6.0B6.3B
Accumulated Other Comprehensive Income(37.8M)(61.5M)(26.0M)16.9M35.0M36.8M
Other Liab684.2M738.5M645.4M649.1M746.5M783.8M
Long Term Debt1.4B1.5B1.2B1.1B1.0B728.5M
Treasury Stock(302.0M)(299.2M)(295.2M)(308.6M)(277.7M)(263.9M)
Property Plant Equipment3.8B3.9B3.7B3.8B4.4B4.6B
Net Tangible Assets2.2B2.4B2.3B2.6B2.9B2.0B
Noncontrolling Interest In Consolidated Entity3.0M3.2M2.5M2.3M2.1M3.6M
Retained Earnings Total Equity2.9B2.6B2.3B2.5B2.8B2.0B

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