Key Good Will vs Property Plant And Equipment Gross Analysis

KTCC Stock  USD 4.10  0.09  2.24%   
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 Good Will and its Property Plant And Equipment Gross 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.

Good Will vs Property Plant And Equipment Gross

Good Will vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Key Tronic Good Will account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Key Tronic's Good Will and Property Plant And Equipment Gross is -0.25. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Gross 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 Good Will and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Key Tronic are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Good Will i.e., Key Tronic's Good Will and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Gross

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.
 2021 2022 2023 2024 (projected)
Gross Profit43.2M47.5M54.6M31.7M
Total Revenue531.8M588.1M676.4M710.2M

Key Tronic fundamental ratios Correlations

0.990.490.990.920.620.990.91-0.40.950.84-0.40.980.450.980.950.98-0.451.01.00.60.99-0.24-0.220.750.59
0.990.540.960.860.671.00.85-0.290.950.85-0.290.980.41.00.90.95-0.350.990.980.550.96-0.29-0.290.680.65
0.490.540.510.270.820.530.32-0.080.560.28-0.080.420.030.530.520.43-0.210.530.480.170.47-0.01-0.040.320.81
0.990.960.510.920.610.980.91-0.480.930.82-0.480.960.430.950.970.97-0.470.990.990.621.0-0.21-0.180.760.57
0.920.860.270.920.470.880.99-0.480.880.74-0.480.880.520.840.930.94-0.640.890.920.690.92-0.15-0.080.810.44
0.620.670.820.610.470.660.48-0.10.680.36-0.10.580.20.660.60.58-0.240.640.60.320.58-0.23-0.240.581.0
0.991.00.530.980.880.660.87-0.370.950.83-0.370.980.420.990.930.96-0.391.00.990.570.97-0.26-0.250.720.63
0.910.850.320.910.990.480.87-0.540.90.71-0.540.850.520.830.940.93-0.70.880.910.70.91-0.020.050.810.45
-0.4-0.29-0.08-0.48-0.48-0.1-0.37-0.54-0.33-0.051.0-0.32-0.36-0.27-0.6-0.390.5-0.37-0.41-0.34-0.47-0.24-0.32-0.59-0.08
0.950.950.560.930.880.680.950.9-0.330.78-0.330.90.370.940.920.92-0.460.950.930.660.92-0.06-0.030.680.65
0.840.850.280.820.740.360.830.71-0.050.78-0.050.890.40.860.690.82-0.20.850.840.610.83-0.36-0.360.520.33
-0.4-0.29-0.08-0.48-0.48-0.1-0.37-0.541.0-0.33-0.05-0.32-0.36-0.27-0.6-0.390.5-0.37-0.41-0.34-0.47-0.24-0.32-0.59-0.08
0.980.980.420.960.880.580.980.85-0.320.90.89-0.320.450.980.890.96-0.340.980.990.540.97-0.37-0.370.710.55
0.450.40.030.430.520.20.420.52-0.360.370.4-0.360.450.410.430.51-0.490.420.460.320.430.060.010.770.17
0.981.00.530.950.840.660.990.83-0.270.940.86-0.270.980.410.890.94-0.320.990.980.510.95-0.3-0.30.670.63
0.950.90.520.970.930.60.930.94-0.60.920.69-0.60.890.430.890.93-0.570.940.950.60.96-0.09-0.020.80.56
0.980.950.430.970.940.580.960.93-0.390.920.82-0.390.960.510.940.93-0.550.960.980.640.96-0.23-0.230.770.54
-0.45-0.35-0.21-0.47-0.64-0.24-0.39-0.70.5-0.46-0.20.5-0.34-0.49-0.32-0.57-0.55-0.39-0.44-0.53-0.44-0.33-0.34-0.6-0.22
1.00.990.530.990.890.641.00.88-0.370.950.85-0.370.980.420.990.940.96-0.391.00.570.98-0.26-0.240.720.61
1.00.980.480.990.920.60.990.91-0.410.930.84-0.410.990.460.980.950.98-0.441.00.580.99-0.27-0.250.750.57
0.60.550.170.620.690.320.570.7-0.340.660.61-0.340.540.320.510.60.64-0.530.570.580.610.090.070.530.32
0.990.960.471.00.920.580.970.91-0.470.920.83-0.470.970.430.950.960.96-0.440.980.990.61-0.26-0.210.760.54
-0.24-0.29-0.01-0.21-0.15-0.23-0.26-0.02-0.24-0.06-0.36-0.24-0.370.06-0.3-0.09-0.23-0.33-0.26-0.270.09-0.260.95-0.13-0.23
-0.22-0.29-0.04-0.18-0.08-0.24-0.250.05-0.32-0.03-0.36-0.32-0.370.01-0.3-0.02-0.23-0.34-0.24-0.250.07-0.210.95-0.07-0.25
0.750.680.320.760.810.580.720.81-0.590.680.52-0.590.710.770.670.80.77-0.60.720.750.530.76-0.13-0.070.55
0.590.650.810.570.441.00.630.45-0.080.650.33-0.080.550.170.630.560.54-0.220.610.570.320.54-0.23-0.250.55
Click cells to compare fundamentals

Key Tronic Account Relationship Matchups

Key Tronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets301.7M362.0M406.9M420.1M483.1M507.2M
Short Long Term Debt Total80.4M111.0M119.7M135.7M156.1M163.9M
Other Current Liab14.1M21.1M24.8M14.6M13.1M7.3M
Total Current Liabilities112.2M126.9M163.7M153.1M176.0M184.8M
Total Stockholder Equity115.6M123.2M124.9M130.6M150.2M157.7M
Property Plant And Equipment Net46.2M51.5M42.7M40.9M47.1M26.8M
Net Debt79.8M107.5M118.0M132.1M151.9M159.5M
Retained Earnings70.1M73.9M77.8M83.0M95.4M100.2M
Cash553K3.5M1.7M3.6M3.2M3.7M
Non Current Assets Total59.0M62.8M66.9M68.8M79.1M83.0M
Non Currrent Assets Other2.6M1.5M14.1M15.6M17.9M18.8M
Cash And Short Term Investments553K3.5M1.7M3.6M3.2M3.7M
Net Receivables109.9M135.1M157.9M180.6M207.7M218.1M
Common Stock Shares Outstanding10.8M11.0M11.1M10.9M12.6M11.0M
Liabilities And Stockholders Equity301.7M362.0M406.9M420.1M483.1M507.2M
Non Current Liabilities Total74.0M111.9M118.4M136.4M156.9M164.7M
Inventory115.0M137.3M155.7M138.9M159.8M167.8M
Other Current Assets17.3M23.3M24.7M28.2M32.4M34.0M
Other Stockholder Equity500K2.1M(425K)(97K)(87.3K)(82.9K)
Total Liab186.2M238.8M282.0M289.4M332.9M349.5M
Total Current Assets242.8M299.3M340.0M351.3M404.0M424.2M
Short Term Debt7.5M1.5M7.4M7.1M8.2M8.6M
Accounts Payable80.2M92.8M121.4M118.0M135.7M142.5M
Common Stock Total Equity46.2M46.7M46.9M47.2M54.3M45.3M
Property Plant And Equipment Gross49.3M51.5M42.7M40.9M47.1M26.3M
Accumulated Other Comprehensive Income(1.5M)2.1M(425K)(97K)(111.6K)(117.1K)
Common Stock46.9M47.2M47.5M47.7M54.9M45.7M
Other Assets12.8M11.3M24.2M13.9M16.0M8.3M
Long Term Debt63.4M98.9M100.3M118.3M136.0M142.8M
Property Plant Equipment49.3M51.5M42.7M54.8M63.0M66.2M
Current Deferred Revenue10.4M11.5M10.1M13.4M15.4M16.1M
Net Tangible Assets115.6M123.2M124.9M130.6M150.2M115.5M
Retained Earnings Total Equity72.8M65.4M70.1M74.5M85.6M62.4M
Long Term Debt Total29.2M30.4M63.4M7.9M9.1M8.6M
Non Current Liabilities Other875K2.4M6.0M7.5M6.8M12.2M

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Additional Information and Resources on Investing in Key Stock

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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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
0.02
Revenue Per Share
55.41
Quarterly Revenue Growth
0.143
Return On Assets
0.0158
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.