Kinsale Depreciation vs Other Non Cash Items Analysis

KNSL Stock  USD 470.68  0.71  0.15%   
Kinsale Capital financial indicator trend analysis is infinitely more than just investigating Kinsale Capital Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinsale Capital Group is a good investment. Please check the relationship between Kinsale Capital Depreciation and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinsale Capital Group Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kinsale Capital's Depreciation and Other Non Cash Items is -0.37. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Kinsale Capital Group, assuming nothing else is changed. The correlation between historical values of Kinsale Capital's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Kinsale Capital Group are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Kinsale Capital's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Kinsale Capital Group value has been used up. For tax purposes Kinsale Capital can deduct the cost of the tangible assets it purchases as business expenses. However, Kinsale Capital Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from Kinsale Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinsale Capital Group 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 Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Kinsale Capital's Tax Provision is quite stable compared to the past year. Enterprise Value is expected to rise to about 7.3 B this year, although the value of Selling General Administrative will most likely fall to about 616.5 K.
 2021 2022 2023 2024 (projected)
Gross Profit639.8M819.2M1.2B1.3B
Total Revenue639.8M819.2M1.2B1.3B

Kinsale Capital fundamental ratios Correlations

0.940.79-0.90.710.97-0.70.990.250.930.890.840.90.72-0.550.780.40.870.730.450.760.640.890.80.950.66
0.940.92-0.980.860.99-0.580.960.491.00.990.770.990.86-0.460.920.20.980.620.260.880.680.820.921.00.7
0.790.92-0.930.780.85-0.420.820.720.920.950.660.90.78-0.450.990.180.970.420.230.750.590.680.950.90.68
-0.9-0.98-0.93-0.87-0.960.54-0.92-0.53-0.98-0.99-0.75-0.98-0.880.46-0.93-0.15-0.98-0.58-0.21-0.87-0.68-0.79-0.94-0.98-0.66
0.710.860.78-0.870.82-0.350.710.60.880.890.40.91.0-0.070.78-0.330.860.36-0.270.960.720.480.880.870.49
0.970.990.85-0.960.82-0.640.990.360.980.960.810.970.83-0.480.850.260.930.710.320.850.660.870.870.990.68
-0.7-0.58-0.420.54-0.35-0.64-0.680.12-0.58-0.5-0.73-0.49-0.320.26-0.38-0.43-0.49-0.66-0.45-0.38-0.51-0.68-0.47-0.59-0.34
0.990.960.82-0.920.710.99-0.680.270.950.920.870.920.73-0.570.810.420.890.770.470.770.60.930.810.960.69
0.250.490.72-0.530.60.360.120.270.490.59-0.020.550.58-0.240.72-0.280.64-0.29-0.240.510.50.080.660.480.57
0.931.00.92-0.980.880.98-0.580.950.490.990.760.990.88-0.420.910.170.980.620.230.90.680.80.921.00.68
0.890.990.95-0.990.890.96-0.50.920.590.990.70.990.9-0.420.940.110.990.540.170.90.690.750.940.990.69
0.840.770.66-0.750.40.81-0.730.87-0.020.760.70.670.42-0.520.650.660.690.870.690.470.330.950.610.760.49
0.90.990.9-0.980.90.97-0.490.920.550.990.990.670.92-0.450.90.090.970.550.150.920.70.760.920.990.7
0.720.860.78-0.881.00.83-0.320.730.580.880.90.420.92-0.110.78-0.30.860.39-0.250.950.680.510.880.880.49
-0.55-0.46-0.450.46-0.07-0.480.26-0.57-0.24-0.42-0.42-0.52-0.45-0.11-0.46-0.71-0.47-0.24-0.74-0.19-0.31-0.62-0.29-0.44-0.72
0.780.920.99-0.930.780.85-0.380.810.720.910.940.650.90.78-0.460.170.970.420.230.750.550.680.940.90.68
0.40.20.18-0.15-0.330.26-0.430.42-0.280.170.110.660.09-0.3-0.710.170.150.51.0-0.2-0.120.610.00.180.34
0.870.980.97-0.980.860.93-0.490.890.640.980.990.690.970.86-0.470.970.150.490.210.860.660.730.940.970.72
0.730.620.42-0.580.360.71-0.660.77-0.290.620.540.870.550.39-0.240.420.50.490.520.390.10.860.480.630.23
0.450.260.23-0.21-0.270.32-0.450.47-0.240.230.170.690.15-0.25-0.740.231.00.210.52-0.14-0.070.650.060.240.4
0.760.880.75-0.870.960.85-0.380.770.510.90.90.470.920.95-0.190.75-0.20.860.39-0.140.740.540.790.890.58
0.640.680.59-0.680.720.66-0.510.60.50.680.690.330.70.68-0.310.55-0.120.660.1-0.070.740.40.620.690.63
0.890.820.68-0.790.480.87-0.680.930.080.80.750.950.760.51-0.620.680.610.730.860.650.540.40.660.820.65
0.80.920.95-0.940.880.87-0.470.810.660.920.940.610.920.88-0.290.940.00.940.480.060.790.620.660.910.57
0.951.00.9-0.980.870.99-0.590.960.481.00.990.760.990.88-0.440.90.180.970.630.240.890.690.820.910.69
0.660.70.68-0.660.490.68-0.340.690.570.680.690.490.70.49-0.720.680.340.720.230.40.580.630.650.570.69
Click cells to compare fundamentals

Kinsale Capital Account Relationship Matchups

Kinsale Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding22.1M22.9M23.1M23.1M23.3M24.2M
Total Assets1.1B1.5B2.0B2.7B3.8B4.0B
Other Current Liab(36.3M)(26.3M)(39.4M)(66.3M)(95.7M)(90.9M)
Total Current Liabilities36.3M68.9M82.1M63.4M1.5B1.6B
Total Stockholder Equity405.9M576.2M699.3M745.4M1.1B1.1B
Other Liab577K4.8M15.2M162K145.8K138.5K
Net Tangible Assets402.3M572.7M695.8M741.9M853.2M895.9M
Net Debt(83.7M)(34.5M)(78.3M)39.5M57.2M60.0M
Retained Earnings162.9M243.3M385.9M533.1M828.2M869.7M
Accounts Payable19.5M26.3M39.4M63.4M92.5M97.1M
Cash100.4M77.1M121.0M156.3M126.7M92.1M
Non Current Assets Total834.0M1.3B1.6B2.0B3.6B3.8B
Non Currrent Assets Other(3.4M)(4.6M)(2.1M)(57.0M)3.6B3.8B
Other Assets(680.4M)(1.0B)(1.3B)(1.5B)(391.0M)(410.6M)
Cash And Short Term Investments829.9M1.2B1.5B2.0B126.7M120.4M
Net Receivables107.1M141.9M194.0M326.2M391.0M410.6M
Common Stock Total Equity212K222K228K231K265.7K188.6K
Short Term Investments729.5M1.1B1.4B1.8B197.4M187.5M
Liabilities And Stockholders Equity1.1B1.5B2.0B2.7B3.8B4.0B
Non Current Liabilities Total16.7M4.6M424.5M63.4M921.8M967.9M
Other Current Assets150.4M150.9M211.6M42.9M489.0M513.4M
Other Stockholder Equity229.2M291.3M295.0M347.0M353.0M235.7M
Total Liab684.7M970.7M82.1M2.0B2.7B2.8B
Long Term Investments807.8M1.2B1.6B2.0B3.0B3.1B
Total Current Assets937.0M1.3B1.7B2.3B517.7M983.1M
Accumulated Other Comprehensive Income13.5M41.4M18.1M(134.9M)(94.6M)(89.9M)
Common Stock212K222K228K231K232K195.3K
Property Plant And Equipment Net22.6M46.2M49.3M53.5M63.4M49.7M
Capital Surpluse229.2M291.3M295.0M347.0M399.1M235.1M
Retained Earnings Total Equity162.9M243.3M385.9M533.1M613.1M643.7M
Non Current Liabilities Other655.6M909.8M1.3B1.8B2.0B2.1B
Property Plant Equipment22.6M46.2M49.3M53.5M61.5M64.6M
Net Invested Capital422.6M618.8M42.7M195.7M1.3B1.3B

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When determining whether Kinsale Capital Group is a strong investment it is important to analyze Kinsale Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kinsale Capital's future performance. For an informed investment choice regarding Kinsale Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinsale Capital. If investors know Kinsale will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinsale Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.503
Dividend Share
0.59
Earnings Share
17.51
Revenue Per Share
65.998
Quarterly Revenue Growth
0.33
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.