Kandi Other Liab vs Accounts Payable Analysis

KNDI Stock  USD 2.61  0.08  2.97%   
Kandi Technologies financial indicator trend analysis is infinitely more than just investigating Kandi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kandi Technologies is a good investment. Please check the relationship between Kandi Technologies Other Liab and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kandi Technologies Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kandi Technologies' Other Liab and Accounts Payable is -0.28. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kandi Technologies Group, assuming nothing else is changed. The correlation between historical values of Kandi Technologies' Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Kandi Technologies Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Kandi Technologies' Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents Kandi Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kandi Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Kandi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kandi Technologies 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 Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
As of now, Kandi Technologies' Enterprise Value Multiple is increasing as compared to previous years. The Kandi Technologies' current Enterprise Value is estimated to increase to about 290.3 M, while Tax Provision is forecasted to increase to (302.7 K).
 2021 2022 2023 2024 (projected)
Gross Profit16.2M19.5M41.4M43.4M
Total Revenue91.5M117.8M123.6M104.4M

Kandi Technologies fundamental ratios Correlations

0.090.38-0.01-0.160.440.040.450.41-0.250.30.390.560.340.35-0.130.05-0.310.4-0.01-0.050.25-0.060.00.050.24
0.090.160.1-0.140.170.990.110.550.5-0.27-0.28-0.20.150.260.740.830.670.19-0.020.940.760.660.350.14-0.04
0.380.16-0.58-0.320.860.120.890.83-0.710.860.880.510.990.97-0.280.32-0.120.880.450.190.590.190.260.270.79
-0.010.1-0.580.37-0.530.07-0.61-0.420.55-0.61-0.59-0.4-0.67-0.520.29-0.01-0.09-0.53-0.470.02-0.310.01-0.29-0.28-0.58
-0.16-0.14-0.320.37-0.31-0.13-0.28-0.310.22-0.17-0.18-0.12-0.34-0.240.25-0.27-0.08-0.28-0.14-0.3-0.4-0.18-0.14-0.07-0.23
0.440.170.86-0.53-0.310.140.970.88-0.570.690.770.590.860.83-0.220.33-0.060.880.280.190.570.190.110.380.67
0.040.990.120.07-0.130.140.080.520.52-0.28-0.3-0.240.120.220.780.80.770.15-0.040.930.750.660.330.17-0.05
0.450.110.89-0.61-0.280.970.080.88-0.680.80.820.580.890.85-0.320.3-0.110.910.470.110.560.130.270.30.66
0.410.550.83-0.42-0.310.880.520.88-0.380.570.580.420.810.830.020.610.190.870.430.540.840.430.410.320.48
-0.250.5-0.710.550.22-0.570.52-0.68-0.38-0.94-0.9-0.57-0.7-0.590.830.280.54-0.63-0.630.41-0.060.26-0.23-0.06-0.5
0.3-0.270.86-0.61-0.170.69-0.280.80.57-0.940.960.550.850.79-0.61-0.08-0.340.740.63-0.230.26-0.090.30.110.64
0.39-0.280.88-0.59-0.180.77-0.30.820.58-0.90.960.690.870.82-0.58-0.12-0.360.730.45-0.230.22-0.050.130.210.71
0.56-0.20.51-0.4-0.120.59-0.240.580.42-0.570.550.690.50.46-0.48-0.29-0.380.490.27-0.190.1-0.010.080.290.25
0.340.150.99-0.67-0.340.860.120.890.81-0.70.850.870.50.96-0.270.32-0.090.860.440.20.580.190.260.290.83
0.350.260.97-0.52-0.240.830.220.850.83-0.590.790.820.460.96-0.120.44-0.040.780.390.280.550.370.310.160.79
-0.130.74-0.280.290.25-0.220.78-0.320.020.83-0.61-0.58-0.48-0.27-0.120.550.75-0.3-0.470.620.260.51-0.040.02-0.12
0.050.830.32-0.01-0.270.330.80.30.610.28-0.08-0.12-0.290.320.440.550.430.290.090.80.630.70.43-0.120.21
-0.310.67-0.12-0.09-0.08-0.060.77-0.110.190.54-0.34-0.36-0.38-0.09-0.040.750.43-0.13-0.140.680.480.50.170.23-0.12
0.40.190.88-0.53-0.280.880.150.910.87-0.630.740.730.490.860.78-0.30.29-0.130.470.20.70.020.220.470.6
-0.01-0.020.45-0.47-0.140.28-0.040.470.43-0.630.630.450.270.440.39-0.470.09-0.140.47-0.020.280.020.8-0.170.02
-0.050.940.190.02-0.30.190.930.110.540.41-0.23-0.23-0.190.20.280.620.80.680.2-0.020.770.70.330.220.0
0.250.760.59-0.31-0.40.570.750.560.84-0.060.260.220.10.580.550.260.630.480.70.280.770.360.340.470.29
-0.060.660.190.01-0.180.190.660.130.430.26-0.09-0.05-0.010.190.370.510.70.50.020.020.70.360.49-0.180.01
0.00.350.26-0.29-0.140.110.330.270.41-0.230.30.130.080.260.31-0.040.430.170.220.80.330.340.49-0.36-0.15
0.050.140.27-0.28-0.070.380.170.30.32-0.060.110.210.290.290.160.02-0.120.230.47-0.170.220.47-0.18-0.360.28
0.24-0.040.79-0.58-0.230.67-0.050.660.48-0.50.640.710.250.830.79-0.120.21-0.120.60.020.00.290.01-0.150.28
Click cells to compare fundamentals

Kandi Technologies Account Relationship Matchups

Kandi Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.4M11.2M7.0M21.5M12.7M7.4M
Total Current Liabilities131.9M83.8M64.2M81.5M76.7M83.7M
Total Stockholder Equity217.9M403.8M443.2M397.0M404.1M424.3M
Retained Earnings(16.7M)(27.1M)(4.2M)(16.3M)(16.3M)(15.5M)
Common Stock Total Equity52.8K75.4K77.4K77.7K69.9K66.4K
Common Stock Shares Outstanding52.3M56.0M76.1M75.6M79.9M44.1M
Total Liab153.4M91.5M77.0M85.3M88.9M95.6M
Common Stock52.8K75.4K77.4K77.7K87.5K47.2K
Total Assets371.2M495.2M520.2M483.0M495.5M282.8M
Net Debt59.4M(142.0M)(117.9M)(59.4M)(52.1M)(49.5M)
Cash5.5M142.1M129.2M84.1M93.6M98.3M
Cash And Short Term Investments5.5M142.1M184.3M165.3M127.6M134.0M
Liabilities And Stockholders Equity371.2M495.2M520.2M483.0M495.5M282.8M
Other Current Assets5.7M50.9M63.1M154.7M1.9M1.8M
Other Stockholder Equity257.2M439.5M447.1M441.6M457.3M480.2M
Total Current Assets195.6M307.1M342.6M329.3M343.5M360.7M
Short Long Term Debt Total64.9M92.4K11.4M24.7M41.5M48.9M
Net Receivables135.0M94.5M62.1M50.5M149.9M87.5M
Non Current Liabilities Total21.5M7.7M12.8M3.8M12.3M14.3M
Accumulated Other Comprehensive Income(22.7M)(8.8M)251.8K(28.3M)(37.0M)(35.1M)
Property Plant And Equipment Net74.4M105.6M111.7M97.4M104.7M66.1M
Current Deferred Revenue7.9M38.2M11.3M2.1M2.4M2.3M
Accounts Payable72.1M34.3M36.7M35.3M28.7M47.2M
Non Current Assets Total175.6M188.1M177.6M153.7M151.9M141.2M
Non Currrent Assets Other6.0M4.1M11.0M10.6M6.9M8.6M
Other Assets6.7M89.8M2.6M1.8M2.0M1.9M
Short Term Investments47.2M0.055.0M81.2M33.9M31.9M
Inventory27.7M19.7M33.2M40.5M64.2M67.4M
Property Plant And Equipment Gross74.4M105.6M111.7M97.4M157.6M165.4M
Short Term Debt50.5M92.4K9.1M24.7M33.1M30.8M
Intangible Assets19.1M10.8M16.5M10.9M12.9M13.8M
Property Plant Equipment74.4M81.7M111.6M97.2M111.7M61.3M
Other Liab7.1M7.7M10.6M3.3M3.0M5.8M
Net Tangible Assets174.7M367.6M390.7M352.9M405.8M243.4M
Long Term Debt29.4M14.9M2.2M8.4M9.6M14.0M
Good Will28.3M29.7M36.0M33.2M33.1M34.8M
Retained Earnings Total Equity(16.7M)(27.1M)(4.2M)(16.3M)(14.7M)(14.0M)
Capital Surpluse259.7M439.5M449.5M451.4M519.1M282.7M
Deferred Long Term Liab1.4M3.7M2.5M1.4M1.2M2.4M
Long Term Investments128.9M47.2M28.9M157.3K145.0K0.0

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When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' 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 Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Kandi Technologies' price analysis, check to measure Kandi Technologies' 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 Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' 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 Kandi Technologies. If investors know Kandi 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 Kandi Technologies 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
1.137
Revenue Per Share
1.569
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.01)
Return On Equity
0.0042
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' 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 Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' 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 Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' 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.