KLA Non Operating Income Net Other vs Gross Profit Analysis

KLAC Stock  USD 706.26  33.31  4.95%   
KLA Tencor financial indicator trend analysis is infinitely more than just investigating KLA Tencor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KLA Tencor is a good investment. Please check the relationship between KLA Tencor Non Operating Income Net Other and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLA Tencor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.

Non Operating Income Net Other vs Gross Profit

Non Operating Income Net Other vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLA Tencor Non Operating Income Net Other account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between KLA Tencor's Non Operating Income Net Other and Gross Profit is 0.82. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of KLA Tencor, assuming nothing else is changed. The correlation between historical values of KLA Tencor's Non Operating Income Net Other and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of KLA Tencor are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., KLA Tencor's Non Operating Income Net Other and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Operating Income Net Other

Gross Profit

Gross profit is a required income statement account that reflects total revenue of KLA Tencor minus its cost of goods sold. It is profit before KLA Tencor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from KLA Tencor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KLA Tencor 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 KLA Tencor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.At present, KLA Tencor's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit5.6B6.3B7.2B7.6B
Total Revenue9.2B10.5B12.1B12.7B

KLA Tencor fundamental ratios Correlations

0.980.380.990.85-0.030.020.960.970.660.990.360.950.980.790.850.970.960.920.96-0.320.960.94-0.23-0.060.85
0.980.280.990.87-0.1-0.010.930.970.650.970.260.941.00.730.780.970.960.930.99-0.320.940.98-0.35-0.080.79
0.380.280.33-0.090.80.330.330.410.450.310.510.090.290.540.670.150.40.020.26-0.130.310.210.370.430.52
0.990.990.330.86-0.05-0.020.930.990.660.980.280.940.990.780.810.970.970.920.99-0.320.950.98-0.33-0.060.8
0.850.87-0.090.86-0.52-0.370.890.790.290.89-0.030.960.860.630.580.940.740.950.84-0.330.880.86-0.52-0.440.66
-0.03-0.10.8-0.05-0.520.55-0.160.060.41-0.090.49-0.33-0.080.110.21-0.260.1-0.37-0.070.07-0.09-0.10.50.680.04
0.02-0.010.33-0.02-0.370.55-0.20.060.72-0.050.82-0.1-0.030.0-0.01-0.070.24-0.060.020.29-0.09-0.080.730.88-0.08
0.960.930.330.930.89-0.16-0.20.90.430.960.20.940.930.770.880.940.850.890.88-0.370.950.87-0.31-0.290.89
0.970.970.410.990.790.060.060.90.70.960.360.890.980.80.830.930.970.870.97-0.330.930.95-0.260.020.81
0.660.650.450.660.290.410.720.430.70.610.760.530.640.490.480.580.820.560.680.020.570.610.280.660.42
0.990.970.310.980.89-0.09-0.050.960.960.610.310.960.970.790.80.980.940.940.95-0.310.980.94-0.27-0.120.81
0.360.260.510.28-0.030.490.820.20.360.760.310.230.240.370.380.250.480.240.250.170.280.150.760.680.3
0.950.940.090.940.96-0.33-0.10.940.890.530.960.230.940.720.690.990.880.990.91-0.290.950.91-0.32-0.210.74
0.981.00.290.990.86-0.08-0.030.930.980.640.970.240.940.740.80.970.960.920.99-0.320.940.98-0.37-0.10.8
0.790.730.540.780.630.110.00.770.80.490.790.370.720.740.720.730.750.680.71-0.370.770.73-0.050.10.67
0.850.780.670.810.580.21-0.010.880.830.480.80.380.690.80.720.730.770.620.76-0.330.780.7-0.07-0.10.94
0.970.970.150.970.94-0.26-0.070.940.930.580.980.250.990.970.730.730.920.990.95-0.310.950.94-0.34-0.170.77
0.960.960.40.970.740.10.240.850.970.820.940.480.880.960.750.770.920.880.96-0.240.910.93-0.130.170.75
0.920.930.020.920.95-0.37-0.060.890.870.560.940.240.990.920.680.620.990.880.91-0.250.910.9-0.32-0.170.68
0.960.990.260.990.84-0.070.020.880.970.680.950.250.910.990.710.760.950.960.91-0.280.90.98-0.38-0.040.76
-0.32-0.32-0.13-0.32-0.330.070.29-0.37-0.330.02-0.310.17-0.29-0.32-0.37-0.33-0.31-0.24-0.25-0.28-0.38-0.310.320.26-0.34
0.960.940.310.950.88-0.09-0.090.950.930.570.980.280.950.940.770.780.950.910.910.9-0.380.9-0.26-0.140.79
0.940.980.210.980.86-0.1-0.080.870.950.610.940.150.910.980.730.70.940.930.90.98-0.310.9-0.47-0.090.7
-0.23-0.350.37-0.33-0.520.50.73-0.31-0.260.28-0.270.76-0.32-0.37-0.05-0.07-0.34-0.13-0.32-0.380.32-0.26-0.470.64-0.14
-0.06-0.080.43-0.06-0.440.680.88-0.290.020.66-0.120.68-0.21-0.10.1-0.1-0.170.17-0.17-0.040.26-0.14-0.090.64-0.17
0.850.790.520.80.660.04-0.080.890.810.420.810.30.740.80.670.940.770.750.680.76-0.340.790.7-0.14-0.17
Click cells to compare fundamentals

KLA Tencor Account Relationship Matchups

KLA Tencor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.3B12.6B14.1B16.2B17.0B
Total Current Liabilities1.7B2.1B2.9B3.7B4.3B4.5B
Total Stockholder Equity2.7B3.4B1.4B2.9B3.4B1.8B
Property Plant And Equipment Net519.8M663.0M849.9M1.0B1.2B1.2B
Net Debt1.5B2.0B5.1B4.0B4.6B4.8B
Retained Earnings654.9M1.3B366.9M848.4M975.7M1.0B
Cash2.0B1.4B1.6B1.9B2.2B2.3B
Non Current Assets Total4.6B4.6B5.4B5.7B6.6B6.9B
Non Currrent Assets Other363.0M444.9M484.6M637.5M733.1M769.7M
Cash And Short Term Investments2.0B2.5B2.7B3.2B3.7B3.9B
Net Receivables1.1B1.3B1.8B1.8B2.0B2.1B
Common Stock Shares Outstanding158.0M155.4M151.6M140.2M161.3M168.3M
Liabilities And Stockholders Equity9.3B10.3B12.6B14.1B16.2B17.0B
Non Current Liabilities Total4.9B4.8B8.3B7.4B8.5B8.9B
Inventory1.3B1.6B2.1B2.9B3.3B3.5B
Other Current Assets324.7M320.9M502.1M498.7M573.5M315.8M
Other Stockholder Equity2.1B2.2B1.1B2.1B2.4B2.5B
Total Liab6.6B6.9B11.2B11.2B12.8B13.5B
Total Current Assets4.7B5.7B7.2B8.4B9.6B10.1B
Short Long Term Debt Total3.5B3.4B6.7B5.9B6.8B7.1B
Other Current Liab836.8M1.2B1.5B2.3B2.6B2.7B
Short Term Debt29.0M20M32.2M34.0M39.1M37.2M
Accounts Payable264.3M342.1M443.3M371.0M426.7M448.0M
Property Plant And Equipment Gross620.6M765.9M1.9B2.4B2.7B2.8B
Accumulated Other Comprehensive Income(79.8M)(75.6M)(27.5M)(36.3M)(32.7M)(34.3M)
Common Stock Total Equity155K153K142K137K123.3K130.0K
Short Term Investments746.1M1.1B1.1B1.3B1.5B1.1B
Common Stock2.1B2.2B1.1B2.1B2.4B2.5B
Other Assets472.1M499.0M715.4M1.1B1.2B1.3B
Property Plant Equipment519.8M663.0M849.9M1.0B1.2B1.2B
Current Deferred Revenue569.7M580.1M882.7M1.1B1.2B1.3B
Good Will2.0B2.0B2.3B2.3B2.6B2.8B
Intangible Assets1.4B1.2B1.2B935.3M1.1B1.1B
Other Liab1.4B1.4B1.4B1.7B1.9B2.0B
Long Term Debt3.5B3.4B6.7B5.9B6.8B7.1B
Net Tangible Assets(771.4M)181.1M(2.1B)(294.4M)(264.9M)(251.7M)
Noncontrolling Interest In Consolidated Entity18.6M15.6M(1.9M)(2.3M)(2.6M)(2.5M)
Retained Earnings Total Equity654.9M1.3B366.9M848.4M763.6M769.1M
Capital Surpluse2.1B2.2B1.1B2.1B2.4B1.4B

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When determining whether KLA Tencor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KLA Tencor'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 Kla Tencor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kla Tencor Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLA Tencor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.
Note that the KLA Tencor information on this page should be used as a complementary analysis to other KLA Tencor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running KLA Tencor's price analysis, check to measure KLA Tencor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KLA Tencor is operating at the current time. Most of KLA Tencor's value examination focuses on studying past and present price action to predict the probability of KLA Tencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KLA Tencor's price. Additionally, you may evaluate how the addition of KLA Tencor to your portfolios can decrease your overall portfolio volatility.
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Is KLA Tencor's industry 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 KLA Tencor. If investors know KLA 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 KLA Tencor 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
(0.38)
Dividend Share
5.35
Earnings Share
19.76
Revenue Per Share
70.755
Quarterly Revenue Growth
(0.17)
The market value of KLA Tencor is measured differently than its book value, which is the value of KLA that is recorded on the company's balance sheet. Investors also form their own opinion of KLA Tencor's value that differs from its market value or its book value, called intrinsic value, which is KLA Tencor'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 KLA Tencor's market value can be influenced by many factors that don't directly affect KLA Tencor'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 KLA Tencor's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLA Tencor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLA Tencor'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.