Keyera Property Plant And Equipment Gross vs Inventory Analysis

KEY Stock  CAD 36.74  0.05  0.14%   
Keyera Corp financial indicator trend analysis is infinitely more than just investigating Keyera Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keyera Corp is a good investment. Please check the relationship between Keyera Corp Property Plant And Equipment Gross and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keyera Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Gross vs Inventory

Property Plant And Equipment Gross vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keyera Corp Property Plant And Equipment Gross account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Keyera Corp's Property Plant And Equipment Gross and Inventory is 0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Inventory in the same time period over historical financial statements of Keyera Corp, assuming nothing else is changed. The correlation between historical values of Keyera Corp's Property Plant And Equipment Gross and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Keyera Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Gross i.e., Keyera Corp's Property Plant And Equipment Gross and Inventory go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Inventory

Most indicators from Keyera Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keyera Corp 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 Keyera Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Keyera Corp's Selling General Administrative is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value Over EBITDA is likely to grow to 13.34, while Tax Provision is likely to drop about 96.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit787.7M917.5M1.1B1.2B
Total Revenue5.0B7.1B7.1B7.4B

Keyera Corp fundamental ratios Correlations

0.820.90.970.850.810.90.270.860.920.870.8-0.170.620.99-0.67-0.23-0.310.850.66-0.18-0.570.790.45-0.710.97
0.820.740.770.990.640.970.220.750.760.990.65-0.150.310.83-0.9-0.3-0.581.00.57-0.39-0.460.980.35-0.780.82
0.90.740.840.770.940.810.080.920.890.810.87-0.030.710.85-0.57-0.28-0.310.760.75-0.05-0.680.740.23-0.780.79
0.970.770.840.790.750.880.310.760.880.820.71-0.210.630.97-0.56-0.13-0.190.80.56-0.15-0.530.720.57-0.560.97
0.850.990.770.790.670.970.240.770.770.980.65-0.180.40.86-0.89-0.38-0.610.990.6-0.37-0.460.970.36-0.770.83
0.810.640.940.750.670.7-0.120.930.840.730.950.080.690.75-0.56-0.13-0.140.670.84-0.07-0.70.660.19-0.780.69
0.90.970.810.880.970.70.270.760.840.990.68-0.190.440.9-0.8-0.25-0.460.980.57-0.27-0.530.940.43-0.710.89
0.270.220.080.310.24-0.120.27-0.11-0.030.19-0.18-0.440.090.35-0.22-0.23-0.250.24-0.190.030.410.260.480.030.4
0.860.750.920.760.770.930.76-0.110.880.810.950.010.570.81-0.69-0.23-0.320.770.84-0.18-0.690.760.13-0.890.75
0.920.760.890.880.770.840.84-0.030.880.830.84-0.030.570.87-0.56-0.13-0.210.790.670.0-0.850.690.16-0.710.82
0.870.990.810.820.980.730.990.190.810.830.73-0.140.390.86-0.86-0.27-0.520.990.63-0.29-0.560.970.33-0.80.84
0.80.650.870.710.650.950.68-0.180.950.840.730.110.490.73-0.630.0-0.110.680.86-0.14-0.690.670.16-0.850.7
-0.17-0.15-0.03-0.21-0.180.08-0.19-0.440.01-0.03-0.140.11-0.13-0.220.170.330.31-0.160.08-0.15-0.14-0.19-0.30.04-0.25
0.620.310.710.630.40.690.440.090.570.570.390.49-0.130.61-0.16-0.38-0.060.340.420.05-0.410.290.21-0.280.53
0.990.830.850.970.860.750.90.350.810.870.860.73-0.220.61-0.68-0.26-0.340.850.61-0.23-0.480.80.52-0.660.99
-0.67-0.9-0.57-0.56-0.89-0.56-0.8-0.22-0.69-0.56-0.86-0.630.17-0.16-0.680.320.61-0.89-0.650.430.25-0.93-0.280.82-0.67
-0.23-0.3-0.28-0.13-0.38-0.13-0.25-0.23-0.23-0.13-0.270.00.33-0.38-0.260.320.85-0.27-0.28-0.04-0.04-0.320.060.32-0.16
-0.31-0.58-0.31-0.19-0.61-0.14-0.46-0.25-0.32-0.21-0.52-0.110.31-0.06-0.340.610.85-0.54-0.310.140.01-0.610.040.57-0.28
0.851.00.760.80.990.670.980.240.770.790.990.68-0.160.340.85-0.89-0.27-0.540.59-0.34-0.490.980.37-0.770.84
0.660.570.750.560.60.840.57-0.190.840.670.630.860.080.420.61-0.65-0.28-0.310.59-0.1-0.50.610.18-0.780.57
-0.18-0.39-0.05-0.15-0.37-0.07-0.270.03-0.180.0-0.29-0.14-0.150.05-0.230.43-0.040.14-0.34-0.1-0.25-0.4-0.460.19-0.26
-0.57-0.46-0.68-0.53-0.46-0.7-0.530.41-0.69-0.85-0.56-0.69-0.14-0.41-0.480.25-0.040.01-0.49-0.5-0.25-0.370.270.54-0.39
0.790.980.740.720.970.660.940.260.760.690.970.67-0.190.290.8-0.93-0.32-0.610.980.61-0.4-0.370.37-0.820.79
0.450.350.230.570.360.190.430.480.130.160.330.16-0.30.210.52-0.280.060.040.370.18-0.460.270.370.010.62
-0.71-0.78-0.78-0.56-0.77-0.78-0.710.03-0.89-0.71-0.8-0.850.04-0.28-0.660.820.320.57-0.77-0.780.190.54-0.820.01-0.6
0.970.820.790.970.830.690.890.40.750.820.840.7-0.250.530.99-0.67-0.16-0.280.840.57-0.26-0.390.790.62-0.6
Click cells to compare fundamentals

Keyera Corp Account Relationship Matchups

Keyera Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B7.6B8.1B8.6B8.8B4.4B
Short Long Term Debt Total3.0B3.4B3.7B3.9B4.5B4.7B
Total Current Liabilities817.0M499.0M913.0M1000.0M795.2M560.9M
Total Stockholder Equity3.1B2.8B2.7B2.8B2.8B1.6B
Net Debt3.0B3.4B3.7B4.1B4.1B4.3B
Accounts Payable463.4M347.9M650.4M717.3M481.4M386.3M
Non Current Assets Total6.9B6.9B7.0B7.5B7.7B8.1B
Non Currrent Assets Other95.9M93.6M87.8M105.2M121.0M84.4M
Net Receivables488.6M447.7M750.4M708.8M688.2M408.1M
Common Stock Shares Outstanding214.2M220.4M221.0M221.3M229.2M176.5M
Liabilities And Stockholders Equity7.5B7.6B8.1B8.6B9.9B10.3B
Total Liab4.5B4.8B5.5B5.7B6.0B6.3B
Total Current Assets656.3M646.9M1.1B1.1B1.1B632.1M
Accumulated Other Comprehensive Income(1.3M)(9.4M)(12.8M)23.0M20.7M21.7M
Short Term Debt174.0M36.1M91.5M60.0M69.0M135.8M
Other Current Liab179.6M115.1M171.0M222.7M19.9M18.9M
Property Plant And Equipment Net6.6B6.7B6.8B7.2B7.5B3.8B
Retained Earnings(18.0M)(379.5M)(479.6M)(577.0M)(602.1M)(572.0M)
Cash9.3M2.9M15.9M(209.4M)20.1M20.6M
Cash And Short Term Investments9.3M2.9M15.9M(209.4M)(188.5M)(179.0M)
Non Current Liabilities Total3.6B4.3B4.6B4.7B5.2B5.5B
Inventory93.7M162.8M280.7M300.9M225.8M149.5M
Other Current Assets7.1M9.9M14.5M17.3M9.8M9.3M
Other Stockholder Equity(1.3M)(9.4M)(12.8M)23.0M20.7M19.7M
Property Plant And Equipment Gross6.6B6.7B9.8B10.6B11.4B12.0B
Intangible Assets80.1M71.3M63.3M59.7M50.4M39.5M
Common Stock Total Equity2.6B2.8B3.1B3.2B3.6B1.9B
Common Stock2.8B3.1B3.2B3.4B3.9B2.1B
Other Liab794.9M905.8M953.5M905.6M1.0B921.3M
Net Tangible Assets2.9B2.6B2.6B2.7B3.1B2.3B
Other Assets114.7M123.2M118.0M137.5M158.1M120.3M
Long Term Debt2.6B3.2B3.5B3.7B3.9B2.6B
Short Long Term Debt0.0137.0M135.5M31.8M186.0M147.3M
Property Plant Equipment6.6B6.7B6.8B7.2B8.3B5.6B
Long Term Debt Total2.8B3.4B3.6B3.8B4.4B2.9B
Capital Lease Obligations248.5M211.9M183.3M209.4M203.5M159.9M
Non Current Liabilities Other5.9M3.7M1.8M5.2M4.6M4.4M
Net Invested Capital5.8B6.0B6.2B6.5B6.9B6.4B
Net Working Capital(160.7M)147.8M186.2M108.1M272.8M140.2M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keyera Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Please note, there is a significant difference between Keyera Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Keyera Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keyera Corp'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.