Key Total Current Assets vs Property Plant And Equipment Net Analysis

KTCC Stock  USD 4.46  0.03  0.67%   
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 Total Current Assets and its Property Plant And Equipment Net 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 tightly coupled 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.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Key Tronic Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Key Tronic's Total Current Assets and Property Plant And Equipment Net is 0.6. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Key Tronic are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Key Tronic's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 tightly coupled 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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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 tightly coupled 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.
Note that the Key Tronic information on this page should be used as a complementary analysis to other Key Tronic'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Key Tronic's price analysis, check to measure Key Tronic'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 Key Tronic is operating at the current time. Most of Key Tronic's value examination focuses on studying past and present price action to predict the probability of Key Tronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Key Tronic's price. Additionally, you may evaluate how the addition of Key Tronic to your portfolios can decrease your overall portfolio volatility.
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Is Key Tronic'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 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.