KINGFA Stock | | | 3,112 135.30 4.55% |
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 Retained Earnings and its Other Stockholder Equity 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.
Retained Earnings vs Other Stockholder Equity
Retained Earnings vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingfa Science Technology Retained Earnings account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kingfa Science's Retained Earnings and Other Stockholder Equity is 0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other 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 Retained Earnings of Kingfa Science Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Kingfa Science's Retained Earnings and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Other Stockholder Equity
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.
Kingfa Science fundamental ratios Correlations
Click cells to compare fundamentals
Kingfa Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingfa Science fundamental ratios Accounts
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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.