Kingfa Cash vs Non Currrent Assets Other Analysis

KINGFA Stock   2,977  98.95  3.44%   
Kingfa Science financial indicator trend analysis is infinitely more than just investigating Kingfa Science Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingfa Science Technology is a good investment. Please check the relationship between Kingfa Science Cash and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingfa Science Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingfa Science Technology Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Kingfa Science's Cash and Non Currrent Assets Other is 0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Kingfa Science Technology, assuming nothing else is changed. The correlation between historical values of Kingfa Science's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Kingfa Science Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Kingfa Science's Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Kingfa Science Technology, which is listed under current asset account on Kingfa Science Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kingfa Science customers. The amounts must be unrestricted with restricted cash listed in a different Kingfa Science account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Kingfa Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingfa Science Technology 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 Kingfa Science Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current year's Tax Provision is expected to grow to about 437.6 M, whereas Selling General Administrative is forecasted to decline to about 130.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense39.5M65.3M56.1M34.5M
Depreciation And Amortization129.7M141.4M183.8M193.0M

Kingfa Science fundamental ratios Correlations

0.00.660.960.970.96-0.070.890.970.010.960.090.190.990.85-0.170.970.540.770.860.990.830.23-0.37-0.23-0.59
0.00.130.12-0.090.090.62-0.010.01-0.170.08-0.52-0.22-0.03-0.140.020.02-0.21-0.220.11-0.03-0.220.140.250.83-0.29
0.660.130.530.720.68-0.010.730.50.030.67-0.26-0.010.660.55-0.070.550.560.450.40.640.530.24-0.37-0.02-0.47
0.960.120.530.870.9-0.060.80.980.080.910.070.230.930.77-0.210.970.460.660.940.960.730.35-0.26-0.09-0.67
0.97-0.090.720.870.94-0.070.910.9-0.050.940.130.150.980.86-0.170.920.590.780.750.970.840.12-0.43-0.32-0.49
0.960.090.680.90.940.030.810.92-0.041.0-0.10.120.930.85-0.020.910.490.80.840.920.830.18-0.44-0.18-0.61
-0.070.62-0.01-0.06-0.070.030.03-0.01-0.870.02-0.36-0.71-0.07-0.22-0.050.020.0-0.2-0.05-0.1-0.250.03-0.050.690.02
0.89-0.010.730.80.910.810.030.82-0.150.810.26-0.120.930.62-0.420.860.650.480.620.90.590.09-0.48-0.1-0.53
0.970.010.50.980.90.92-0.010.82-0.050.930.110.140.950.78-0.170.990.490.730.920.960.770.32-0.35-0.18-0.6
0.01-0.170.030.08-0.05-0.04-0.87-0.15-0.05-0.040.090.78-0.020.180.12-0.09-0.190.10.120.030.170.050.26-0.34-0.16
0.960.080.670.910.941.00.020.810.93-0.04-0.080.120.930.86-0.020.920.480.810.840.920.830.17-0.44-0.19-0.6
0.09-0.52-0.260.070.13-0.1-0.360.260.110.09-0.08-0.010.19-0.04-0.570.120.17-0.07-0.050.16-0.03-0.41-0.04-0.350.11
0.19-0.22-0.010.230.150.12-0.71-0.120.140.780.12-0.010.140.470.270.11-0.170.430.320.220.450.150.28-0.510.03
0.99-0.030.660.930.980.93-0.070.930.95-0.020.930.190.140.82-0.250.970.570.720.810.990.790.19-0.38-0.25-0.56
0.85-0.140.550.770.860.85-0.220.620.780.180.86-0.040.470.820.120.770.330.940.810.830.970.12-0.3-0.44-0.35
-0.170.02-0.07-0.21-0.17-0.02-0.05-0.42-0.170.12-0.02-0.570.27-0.250.12-0.21-0.380.22-0.04-0.230.120.110.01-0.150.17
0.970.020.550.970.920.910.020.860.99-0.090.920.120.110.970.77-0.210.530.690.890.980.750.33-0.35-0.16-0.59
0.54-0.210.560.460.590.490.00.650.49-0.190.480.17-0.170.570.33-0.380.530.330.320.560.460.090.01-0.14-0.57
0.77-0.220.450.660.780.8-0.20.480.730.10.81-0.070.430.720.940.220.690.330.730.730.960.13-0.24-0.55-0.29
0.860.110.40.940.750.84-0.050.620.920.120.84-0.050.320.810.81-0.040.890.320.730.850.780.4-0.2-0.07-0.62
0.99-0.030.640.960.970.92-0.10.90.960.030.920.160.220.990.83-0.230.980.560.730.850.810.25-0.33-0.25-0.57
0.83-0.220.530.730.840.83-0.250.590.770.170.83-0.030.450.790.970.120.750.460.960.780.810.14-0.2-0.5-0.41
0.230.140.240.350.120.180.030.090.320.050.17-0.410.150.190.120.110.330.090.130.40.250.140.070.12-0.25
-0.370.25-0.37-0.26-0.43-0.44-0.05-0.48-0.350.26-0.44-0.040.28-0.38-0.30.01-0.350.01-0.24-0.2-0.33-0.20.070.19-0.03
-0.230.83-0.02-0.09-0.32-0.180.69-0.1-0.18-0.34-0.19-0.35-0.51-0.25-0.44-0.15-0.16-0.14-0.55-0.07-0.25-0.50.120.19-0.22
-0.59-0.29-0.47-0.67-0.49-0.610.02-0.53-0.6-0.16-0.60.110.03-0.56-0.350.17-0.59-0.57-0.29-0.62-0.57-0.41-0.25-0.03-0.22
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Kingfa Science Account Relationship Matchups

Kingfa Science fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.7B8.8B10.1B9.9B10.4B
Short Long Term Debt Total460.8M699.5M460.6M424.3M325.5M441.4M
Other Current Liab70.9M231.5M8.1M121.2M201.5M211.6M
Total Current Liabilities2.3B2.8B4.7B5.4B4.0B4.2B
Total Stockholder Equity3.5B3.5B3.8B4.7B5.9B6.2B
Property Plant And Equipment Net2.2B2.5B2.5B2.5B2.5B2.7B
Net Debt437.9M662.1M333.2M400.4M275.5M227.4M
Retained Earnings749.2M803.1M1.1B1.9B3.1B3.3B
Accounts Payable1.9B2.2B4.3B4.7B3.5B3.6B
Cash22.9M37.4M85.8M24.0M50.0M47.5M
Non Current Assets Total2.3B2.6B2.7B2.7B2.7B2.8B
Non Currrent Assets Other(1K)(540.4M)2K67.1M147.0M154.3M
Cash And Short Term Investments237.8M247.5M300.9M320.4M51.1M48.6M
Net Receivables2.0B2.1B3.2B3.6B4.0B4.2B
Liabilities And Stockholders Equity6.0B6.7B8.8B10.1B9.9B10.4B
Non Current Liabilities Total206.1M325.7M245.2M49.2M37.6M35.7M
Inventory1.1B1.4B2.6B2.9B2.4B2.5B
Other Current Assets309.5M281.4M(2K)668.7M740.7M777.8M
Total Liab2.5B3.2B4.9B5.4B4.1B2.2B
Total Current Assets3.6B4.1B6.1B7.4B7.3B7.6B
Accumulated Other Comprehensive Income(299.9M)(384.3M)(471.4M)127.7M146.9M154.2M
Current Deferred Revenue(325.1M)251.0M147.7M209.0M2.4M2.2M
Short Term Investments214.9M210.1M215.1M296.4M1.1M1.1M
Short Term Debt278.5M431.3M250.3M394.8M310.9M239.5M
Intangible Assets460K202K94K47K71K67.5K
Other Liab23.8M42.9M34.9M19.6M22.5M19.5M
Net Tangible Assets3.5B3.5B3.8B4.7B5.4B2.8B
Other Assets133.8M71.2M147.7M112.1M128.9M80.6M
Long Term Debt156.1M166.0M181.6M243.8M168.8M0.0
Short Long Term Debt269.4M177.6M240.8M382.8M296.4M235.1M
Property Plant Equipment2.2B2.5B2.5B2.5B2.9B1.6B
Long Term Debt Total182.3M282.8M210.3M29.6M26.6M25.3M
Non Current Liabilities Other11.6M11.4M11.3M11.2M12.9M11.1M
Net Invested Capital3.9B4.0B4.3B5.0B6.2B4.7B
Net Working Capital1.3B1.3B1.4B2.0B3.2B2.1B

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Other Information on Investing in Kingfa Stock

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