Kingfa Total Liab vs Total Current Assets Analysis

KINGFA Stock   2,725  48.30  1.74%   
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 Total Liab and its Total Current Assets 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.

Total Liab vs Total Current Assets

Total Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingfa Science Technology Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kingfa Science's Total Liab and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets 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 Total Liab and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Kingfa Science Technology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., Kingfa Science's Total Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Selling General Administrative is expected to grow to about 308.5 M. The current year's Tax Provision is expected to grow to about 503.2 M
 2022 2023 2024 2025 (projected)
Interest Expense65.3M56.1M50.5M34.5M
Depreciation And Amortization141.4M183.8M211.4M222.0M

Kingfa Science fundamental ratios Correlations

-0.010.740.960.980.97-0.060.910.97-0.020.970.170.090.990.83-0.30.980.650.870.960.990.810.17-0.43-0.23-0.62
-0.010.090.1-0.090.070.62-0.030.0-0.170.06-0.52-0.21-0.04-0.140.030.0-0.2-0.20.1-0.04-0.220.140.250.83-0.27
0.740.090.630.790.75-0.010.810.6-0.010.74-0.12-0.080.750.57-0.230.650.670.630.620.730.550.18-0.42-0.04-0.52
0.960.10.630.890.92-0.060.830.980.050.920.140.140.940.77-0.320.970.570.771.00.960.740.29-0.33-0.1-0.7
0.98-0.090.790.890.95-0.060.940.91-0.070.950.20.040.990.82-0.310.940.690.890.890.970.80.07-0.47-0.3-0.53
0.970.070.750.920.950.020.850.93-0.071.0-0.010.040.940.84-0.150.930.590.890.930.940.820.13-0.48-0.19-0.64
-0.060.62-0.01-0.06-0.060.020.02-0.01-0.860.01-0.35-0.7-0.07-0.23-0.050.01-0.01-0.19-0.06-0.09-0.250.04-0.050.690.02
0.91-0.030.810.830.940.850.020.84-0.160.850.31-0.180.950.61-0.510.890.740.680.820.920.580.04-0.51-0.1-0.56
0.970.00.60.980.910.93-0.010.84-0.070.940.180.070.950.79-0.280.990.590.820.980.960.770.27-0.4-0.19-0.63
-0.02-0.17-0.010.05-0.07-0.07-0.86-0.16-0.07-0.060.070.78-0.050.160.13-0.11-0.190.050.060.00.150.050.26-0.33-0.14
0.970.060.740.920.951.00.010.850.94-0.060.010.040.940.85-0.160.930.590.890.930.940.820.13-0.49-0.2-0.63
0.17-0.52-0.120.140.2-0.01-0.350.310.180.070.01-0.030.260.0-0.590.20.230.070.110.230.0-0.42-0.08-0.350.07
0.09-0.21-0.080.140.040.04-0.7-0.180.070.780.04-0.030.040.430.30.03-0.220.290.160.110.410.160.3-0.50.06
0.99-0.040.750.940.990.94-0.070.950.95-0.050.940.260.040.79-0.370.970.670.840.930.990.760.13-0.44-0.24-0.59
0.83-0.140.570.770.820.84-0.230.610.790.160.850.00.430.790.040.770.380.920.780.810.970.11-0.33-0.45-0.38
-0.30.03-0.23-0.32-0.31-0.15-0.05-0.51-0.280.13-0.16-0.590.3-0.370.04-0.32-0.470.0-0.27-0.350.050.120.08-0.130.23
0.980.00.650.970.940.930.010.890.99-0.110.930.20.030.970.77-0.320.630.810.970.980.750.27-0.4-0.17-0.62
0.65-0.20.670.570.690.59-0.010.740.59-0.190.590.23-0.220.670.38-0.470.630.520.550.660.490.05-0.09-0.14-0.6
0.87-0.20.630.770.890.89-0.190.680.820.050.890.070.290.840.920.00.810.520.780.850.930.08-0.35-0.54-0.4
0.960.10.621.00.890.93-0.060.820.980.060.930.110.160.930.78-0.270.970.550.780.960.750.3-0.33-0.11-0.7
0.99-0.040.730.960.970.94-0.090.920.960.00.940.230.110.990.81-0.350.980.660.850.960.780.19-0.39-0.24-0.6
0.81-0.220.550.740.80.82-0.250.580.770.150.820.00.410.760.970.050.750.490.930.750.780.12-0.23-0.51-0.44
0.170.140.180.290.070.130.040.040.270.050.13-0.420.160.130.110.120.270.050.080.30.190.120.090.12-0.23
-0.430.25-0.42-0.33-0.47-0.48-0.05-0.51-0.40.26-0.49-0.080.3-0.44-0.330.08-0.4-0.09-0.35-0.33-0.39-0.230.090.190.03
-0.230.83-0.04-0.1-0.3-0.190.69-0.1-0.19-0.33-0.2-0.35-0.5-0.24-0.45-0.13-0.17-0.14-0.54-0.11-0.24-0.510.120.19-0.2
-0.62-0.27-0.52-0.7-0.53-0.640.02-0.56-0.63-0.14-0.630.070.06-0.59-0.380.23-0.62-0.6-0.4-0.7-0.6-0.44-0.230.03-0.2
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Kingfa Science Account Relationship Matchups

Kingfa Science fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.7B8.8B10.1B9.9B11.4B12.0B
Short Long Term Debt Total699.5M460.6M424.3M325.5M374.3M441.4M
Other Current Liab231.5M8.1M121.2M201.5M231.8M243.3M
Total Current Liabilities2.8B4.7B5.4B4.0B4.6B4.9B
Total Stockholder Equity3.5B3.8B4.7B5.9B6.8B7.1B
Property Plant And Equipment Net2.5B2.5B2.5B2.5B2.9B3.1B
Net Debt662.1M333.2M400.4M275.5M247.9M227.4M
Retained Earnings803.1M1.1B1.9B3.1B3.6B3.8B
Accounts Payable2.2B4.3B4.7B3.5B4.0B4.2B
Cash37.4M85.8M24.0M50.0M57.5M54.6M
Non Current Assets Total2.6B2.7B2.7B2.7B3.1B3.2B
Non Currrent Assets Other(540.4M)2K67.1M147.0M132.3M138.9M
Cash And Short Term Investments247.5M300.9M320.4M51.1M58.8M55.8M
Net Receivables2.1B3.2B3.6B4.0B4.6B4.9B
Liabilities And Stockholders Equity6.7B8.8B10.1B9.9B11.4B12.0B
Non Current Liabilities Total325.7M245.2M49.2M37.6M33.9M32.2M
Inventory1.4B2.6B2.9B2.4B2.8B2.9B
Other Current Assets281.4M(2K)668.7M740.7M851.8M894.4M
Total Liab3.2B4.9B5.4B4.1B4.7B4.9B
Total Current Assets4.1B6.1B7.4B7.3B8.3B8.8B
Current Deferred Revenue251.0M147.7M209.0M2.4M2.7M2.6M
Short Term Investments210.1M215.1M296.4M1.1M1.0M964.4K
Short Term Debt431.3M250.3M394.8M310.9M279.8M239.5M
Intangible Assets202K94K47K71K63.9K60.7K
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
Short Long Term Debt177.6M240.8M382.8M296.4M266.7M235.1M
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 Capital4.0B4.3B5.0B6.2B7.1B4.7B
Net Working Capital1.3B1.4B2.0B3.2B3.7B2.1B
Capital Lease Obligations46.1M51.0M41.5M29.1M33.4M39.1M

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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.