Key Ev To Sales vs Payables Turnover Analysis

KTCC Stock  USD 3.18  0.13  3.93%   
Key Tronic financial indicator trend analysis is infinitely more than just investigating Key Tronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Key Tronic is a good investment. Please check the relationship between Key Tronic Ev To Sales and its Payables Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.

Ev To Sales vs Payables Turnover

Ev To Sales vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Key Tronic Ev To Sales account and Payables Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Key Tronic's Ev To Sales and Payables Turnover is 0.03. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Key Tronic, assuming nothing else is changed. The correlation between historical values of Key Tronic's Ev To Sales and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Key Tronic are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Ev To Sales i.e., Key Tronic's Ev To Sales and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Key Tronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Key Tronic 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 Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.At present, Key Tronic's Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit47.5M39.9M45.9M32.0M
Total Revenue588.1M566.9M652.0M684.6M

Key Tronic fundamental ratios Correlations

0.970.860.950.590.70.980.9-0.420.940.61-0.420.970.350.960.90.97-0.490.991.00.430.95-0.25-0.220.750.67
0.970.880.850.490.731.00.82-0.250.950.57-0.250.980.321.00.780.94-0.360.970.960.320.86-0.32-0.320.680.79
0.860.880.810.40.760.870.64-0.070.850.62-0.070.840.180.890.730.81-0.260.890.850.30.79-0.25-0.280.490.59
0.950.850.810.660.660.880.85-0.560.840.66-0.560.880.270.850.970.89-0.520.950.950.571.0-0.16-0.110.710.41
0.590.490.40.660.670.530.66-0.490.510.45-0.490.510.490.470.690.6-0.620.570.60.530.65-0.020.060.850.17
0.70.730.760.660.670.720.53-0.060.720.42-0.060.660.180.720.610.65-0.250.720.680.40.64-0.26-0.280.620.47
0.981.00.870.880.530.720.85-0.340.950.56-0.340.980.340.990.830.96-0.40.980.980.340.89-0.29-0.280.720.76
0.90.820.640.850.660.530.85-0.550.880.42-0.550.820.470.80.890.92-0.740.850.890.440.84-0.010.060.820.61
-0.42-0.25-0.07-0.56-0.49-0.06-0.34-0.55-0.3-0.041.0-0.31-0.35-0.24-0.67-0.390.49-0.39-0.44-0.3-0.56-0.25-0.33-0.550.01
0.940.950.850.840.510.720.950.88-0.30.49-0.30.890.30.930.820.91-0.470.930.920.370.83-0.08-0.050.680.75
0.610.570.620.660.450.420.560.42-0.040.49-0.040.620.080.580.520.55-0.170.640.620.610.66-0.3-0.290.340.15
-0.42-0.25-0.07-0.56-0.49-0.06-0.34-0.551.0-0.3-0.04-0.31-0.35-0.24-0.67-0.390.49-0.39-0.44-0.3-0.56-0.25-0.33-0.550.01
0.970.980.840.880.510.660.980.82-0.310.890.62-0.310.350.980.790.95-0.360.970.980.340.89-0.4-0.390.710.74
0.350.320.180.270.490.180.340.47-0.350.30.08-0.350.350.320.30.43-0.50.310.350.00.270.10.050.730.35
0.961.00.890.850.470.720.990.8-0.240.930.58-0.240.980.320.770.93-0.330.970.960.30.85-0.32-0.330.660.78
0.90.780.730.970.690.610.830.89-0.670.820.52-0.670.790.30.770.85-0.610.890.910.540.96-0.030.050.740.36
0.970.940.810.890.60.650.960.92-0.390.910.55-0.390.950.430.930.85-0.580.950.970.430.9-0.24-0.240.780.71
-0.49-0.36-0.26-0.52-0.62-0.25-0.4-0.740.49-0.47-0.170.49-0.36-0.5-0.33-0.61-0.58-0.43-0.48-0.42-0.48-0.32-0.33-0.61-0.19
0.990.970.890.950.570.720.980.85-0.390.930.64-0.390.970.310.970.890.95-0.430.990.430.95-0.26-0.240.710.65
1.00.960.850.950.60.680.980.89-0.440.920.62-0.440.980.350.960.910.97-0.480.990.440.96-0.27-0.240.750.64
0.430.320.30.570.530.40.340.44-0.30.370.61-0.30.340.00.30.540.43-0.420.430.440.550.070.050.29-0.18
0.950.860.791.00.650.640.890.84-0.560.830.66-0.560.890.270.850.960.9-0.480.950.960.55-0.21-0.160.720.43
-0.25-0.32-0.25-0.16-0.02-0.26-0.29-0.01-0.25-0.08-0.3-0.25-0.40.1-0.32-0.03-0.24-0.32-0.26-0.270.07-0.210.95-0.15-0.31
-0.22-0.32-0.28-0.110.06-0.28-0.280.06-0.33-0.05-0.29-0.33-0.390.05-0.330.05-0.24-0.33-0.24-0.240.05-0.160.95-0.08-0.32
0.750.680.490.710.850.620.720.82-0.550.680.34-0.550.710.730.660.740.78-0.610.710.750.290.72-0.15-0.080.53
0.670.790.590.410.170.470.760.610.010.750.150.010.740.350.780.360.71-0.190.650.64-0.180.43-0.31-0.320.53
Click cells to compare fundamentals

Key Tronic Account Relationship Matchups

Key Tronic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets362.0M406.9M420.1M355.3M408.6M429.1M
Short Long Term Debt Total111.0M119.7M135.7M129.8M149.3M156.8M
Other Current Liab27.5M34.9M22.3M21.7M24.9M26.2M
Total Current Liabilities126.9M163.7M153.1M104.2M119.8M125.8M
Total Stockholder Equity123.2M124.9M130.6M124.0M142.6M74.6M
Property Plant And Equipment Net51.5M42.7M40.9M44.2M50.9M27.3M
Net Debt107.5M118.0M132.1M125.1M143.8M151.0M
Retained Earnings73.9M77.8M83.0M76.9M88.5M92.9M
Cash3.5M1.7M3.6M4.8M4.3M3.7M
Non Current Assets Total62.8M66.9M68.8M66.9M77.0M80.8M
Non Currrent Assets Other1.5M14.1M15.6M5.3M6.1M3.6M
Cash And Short Term Investments3.5M1.7M3.6M4.8M4.3M3.7M
Net Receivables135.1M157.9M180.5M153.8M176.9M185.7M
Common Stock Shares Outstanding11.0M11.1M10.9M10.8M12.4M11.0M
Liabilities And Stockholders Equity362.0M406.9M420.1M355.3M408.6M429.1M
Non Current Liabilities Total111.9M118.4M136.4M127.2M146.3M153.6M
Inventory137.3M155.7M138.9M105.1M120.9M126.9M
Other Current Assets23.3M24.7M27.5M24.7M28.4M29.9M
Other Stockholder Equity500K2.1M(425K)(1K)(900.0)(855.0)
Total Liab238.8M282.0M289.4M231.4M266.1M279.4M
Total Current Assets299.3M340.0M351.3M288.4M331.7M348.2M
Short Term Debt6.4M7.4M13.7M3.1M3.6M3.5M
Accounts Payable92.8M121.4M115.9M79.4M91.3M95.9M
Property Plant And Equipment Gross51.5M42.7M40.9M134.0M154.1M161.8M
Accumulated Other Comprehensive Income2.1M(425K)(97K)(215K)(247.3K)(259.6K)
Common Stock47.2M47.5M47.7M47.3M54.4M45.9M
Other Assets12.8M11.3M24.2M13.9M16.0M8.3M
Long Term Debt98.9M100.3M118.3M116.4M133.8M140.5M
Property Plant Equipment49.3M51.5M42.7M54.8M63.0M66.2M
Current Deferred Revenue11.5M10.1M13.4M6.5M7.5M6.9M
Net Tangible Assets115.6M123.2M124.9M130.6M150.2M115.5M
Non Current Liabilities Other2.4M6.0M7.5M219K197.1K187.2K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Key Tronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Electronic Equipment, Instruments & Components 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 Key Tronic. If investors know Key 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 Key Tronic 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
(0.88)
Earnings Share
(0.19)
Revenue Per Share
50.956
Quarterly Revenue Growth
0.143
Return On Assets
0.0133
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic'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 Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic'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 Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic'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.