Kinsale Net Debt vs Total Current Liabilities Analysis
KNSL Stock | USD 383.62 2.19 0.57% |
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 Net Debt and its Total Current Liabilities 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 tightly coupled with the direction of predictive economic indicators such as signals in state.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinsale Capital Group Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kinsale Capital's Net Debt and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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 Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Kinsale Capital Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Kinsale Capital's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Kinsale Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kinsale Capital Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 tightly coupled 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 Profit | 639.8M | 819.2M | 1.2B | 1.3B | Total Revenue | 639.8M | 819.2M | 1.2B | 1.3B |
Kinsale Capital fundamental ratios Correlations
Click cells to compare fundamentals
Kinsale Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinsale Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 22.1M | 22.9M | 23.1M | 23.1M | 23.3M | 24.2M | |
Total Assets | 1.1B | 1.5B | 2.0B | 2.7B | 3.5B | 3.7B | |
Other Current Liab | (36.3M) | (68.9M) | (82.1M) | (57.0M) | 1.4B | 1.5B | |
Total Current Liabilities | 36.3M | 68.9M | 82.1M | 63.4M | 1.5B | 1.6B | |
Total Stockholder Equity | 405.9M | 576.2M | 699.3M | 745.4M | 1.1B | 1.1B | |
Other Liab | 577K | 4.8M | 15.2M | 162K | 145.8K | 138.5K | |
Net Tangible Assets | 402.3M | 572.7M | 695.8M | 741.9M | 853.2M | 895.9M | |
Net Debt | (83.7M) | (34.5M) | (78.3M) | 39.5M | 57.2M | 60.0M | |
Retained Earnings | 162.9M | 243.3M | 385.9M | 533.1M | 828.2M | 869.7M | |
Accounts Payable | 19.5M | 26.3M | 39.4M | 63.4M | 92.5M | 97.1M | |
Cash | 100.4M | 77.1M | 121.0M | 156.3M | 126.7M | 92.1M | |
Non Current Assets Total | 834.0M | 1.3B | 1.6B | 2.0B | 3.0B | 3.2B | |
Non Currrent Assets Other | (3.4M) | (4.6M) | (2.1M) | (57.0M) | (91.2M) | (95.7M) | |
Other Assets | (680.4M) | (1.0B) | (1.3B) | (1.5B) | 1.0 | 1.05 | |
Cash And Short Term Investments | 829.9M | 1.2B | 1.5B | 2.0B | 2.8B | 3.0B | |
Net Receivables | 107.1M | 141.9M | 194.0M | 326.2M | 391.0M | 410.6M | |
Common Stock Total Equity | 212K | 222K | 228K | 231K | 265.7K | 188.6K | |
Short Term Investments | 729.5M | 1.1B | 1.4B | 1.8B | 197.4M | 187.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.5B | 2.0B | 2.7B | 3.5B | 3.7B | |
Non Current Liabilities Total | 16.7M | 4.6M | 424.5M | 63.4M | 925.0M | 971.2M | |
Other Current Assets | 150.4M | 150.9M | 211.6M | 330.2M | 489.0M | 513.4M | |
Other Stockholder Equity | 229.2M | 291.3M | 295.0M | 347.0M | 353.0M | 235.7M | |
Total Liab | 684.7M | 970.7M | 82.1M | 2.0B | 2.4B | 2.5B | |
Long Term Investments | 807.8M | 1.2B | 1.6B | 2.0B | 3.0B | 3.1B | |
Total Current Assets | 937.0M | 1.3B | 1.7B | 2.3B | 489.0M | 464.5M | |
Accumulated Other Comprehensive Income | 13.5M | 41.4M | 18.1M | (134.9M) | (94.6M) | (89.9M) | |
Common Stock | 212K | 222K | 228K | 231K | 232K | 195.3K | |
Capital Surpluse | 229.2M | 291.3M | 295.0M | 347.0M | 399.1M | 235.1M | |
Property Plant And Equipment Net | 22.6M | 46.2M | 49.3M | 53.5M | 63.4M | 66.6M | |
Retained Earnings Total Equity | 162.9M | 243.3M | 385.9M | 533.1M | 613.1M | 643.7M | |
Non Current Liabilities Other | 655.6M | 909.8M | 1.3B | 1.8B | 2.0B | 2.1B | |
Property Plant Equipment | 22.6M | 46.2M | 49.3M | 53.5M | 61.5M | 64.6M | |
Net Invested Capital | 422.6M | 618.8M | 42.7M | 195.7M | 1.3B | 1.3B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Kinsale Capital Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Kinsale Stock analysis
When running Kinsale Capital's price analysis, check to measure Kinsale Capital'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 Kinsale Capital is operating at the current time. Most of Kinsale Capital's value examination focuses on studying past and present price action to predict the probability of Kinsale Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinsale Capital's price. Additionally, you may evaluate how the addition of Kinsale Capital to your portfolios can decrease your overall portfolio volatility.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is Kinsale Capital'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 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 0.767 | Dividend Share 0.57 | Earnings Share 15.08 | Revenue Per Share 57.828 | Quarterly Revenue Growth 0.417 |
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.