Kirklands Non Currrent Assets Other vs Total Assets Analysis

KIRK Stock  USD 2.47  0.07  2.92%   
Kirklands financial indicator trend analysis is infinitely more than just investigating Kirklands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirklands is a good investment. Please check the relationship between Kirklands Non Currrent Assets Other and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirklands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Kirklands Stock please use our How to buy in Kirklands Stock guide.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirklands Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kirklands' Non Currrent Assets Other and Total Assets is -0.52. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Kirklands, assuming nothing else is changed. The correlation between historical values of Kirklands' Non Currrent Assets Other and Total Assets 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 Currrent Assets Other of Kirklands are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Kirklands' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Kirklands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kirklands books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Kirklands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirklands 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 Kirklands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Kirklands Stock please use our How to buy in Kirklands Stock guide.At this time, Kirklands' Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.19 this year, although the value of Tax Provision will most likely fall to about 493.1 K.
 2021 2022 2023 2024 (projected)
Gross Profit188.4M119.8M40.3M38.3M
Total Revenue558.2M498.8M468.7M508.8M

Kirklands fundamental ratios Correlations

-0.030.84-0.180.860.040.41-0.250.660.120.810.690.50.340.82-0.520.090.190.320.940.70.51-0.140.130.680.47
-0.03-0.40.85-0.160.670.21-0.58-0.260.71-0.470.25-0.210.67-0.45-0.010.62-0.670.52-0.33-0.16-0.720.680.69-0.06-0.29
0.84-0.4-0.560.94-0.330.410.220.76-0.140.950.360.6-0.150.93-0.29-0.390.56-0.050.890.680.76-0.5-0.280.680.55
-0.180.85-0.56-0.280.610.21-0.72-0.180.84-0.650.21-0.450.76-0.6-0.120.68-0.870.62-0.43-0.01-0.850.830.63-0.27-0.57
0.86-0.160.94-0.28-0.220.560.020.870.150.830.510.570.090.8-0.4-0.20.320.170.830.750.58-0.32-0.150.710.47
0.040.67-0.330.61-0.220.25-0.64-0.430.48-0.410.1-0.370.7-0.39-0.020.65-0.650.46-0.240.08-0.740.860.99-0.39-0.6
0.410.210.410.210.560.25-0.060.480.530.22-0.06-0.240.210.280.18-0.10.010.520.260.52-0.120.350.22-0.07-0.26
-0.25-0.580.22-0.720.02-0.64-0.06-0.02-0.650.28-0.630.17-0.950.260.64-0.910.85-0.6-0.03-0.320.53-0.72-0.730.030.39
0.66-0.260.76-0.180.87-0.430.48-0.020.230.640.460.410.080.64-0.49-0.180.190.120.680.720.52-0.29-0.360.60.35
0.120.71-0.140.840.150.480.53-0.650.23-0.330.32-0.220.73-0.3-0.240.55-0.720.58-0.130.37-0.620.710.51-0.08-0.48
0.81-0.470.95-0.650.83-0.410.220.280.64-0.330.340.57-0.240.99-0.23-0.420.66-0.090.920.520.84-0.61-0.360.730.65
0.690.250.360.210.510.1-0.06-0.630.460.320.340.550.670.31-0.90.58-0.350.370.560.470.190.020.260.690.4
0.5-0.210.6-0.450.57-0.37-0.240.170.41-0.220.570.55-0.110.47-0.49-0.170.33-0.390.510.30.65-0.65-0.280.790.76
0.340.67-0.150.760.090.70.21-0.950.080.73-0.240.67-0.11-0.22-0.60.9-0.840.670.070.36-0.540.750.790.05-0.32
0.82-0.450.93-0.60.8-0.390.280.260.64-0.30.990.310.47-0.22-0.19-0.410.66-0.020.940.530.82-0.55-0.350.660.61
-0.52-0.01-0.29-0.12-0.4-0.020.180.64-0.49-0.24-0.23-0.9-0.49-0.6-0.19-0.560.42-0.18-0.45-0.55-0.17-0.02-0.17-0.52-0.21
0.090.62-0.390.68-0.20.65-0.1-0.91-0.180.55-0.420.58-0.170.9-0.41-0.56-0.850.55-0.130.02-0.560.680.74-0.08-0.3
0.19-0.670.56-0.870.32-0.650.010.850.19-0.720.66-0.350.33-0.840.660.42-0.85-0.480.44-0.060.82-0.81-0.70.260.62
0.320.52-0.050.620.170.460.52-0.60.120.58-0.090.37-0.390.67-0.02-0.180.55-0.480.150.21-0.360.580.51-0.06-0.23
0.94-0.330.89-0.430.83-0.240.26-0.030.68-0.130.920.560.510.070.94-0.45-0.130.440.150.650.74-0.39-0.160.680.58
0.7-0.160.68-0.010.750.080.52-0.320.720.370.520.470.30.360.53-0.550.02-0.060.210.650.230.090.130.33-0.05
0.51-0.720.76-0.850.58-0.74-0.120.530.52-0.620.840.190.65-0.540.82-0.17-0.560.82-0.360.740.23-0.89-0.70.620.83
-0.140.68-0.50.83-0.320.860.35-0.72-0.290.71-0.610.02-0.650.75-0.55-0.020.68-0.810.58-0.390.09-0.890.84-0.54-0.8
0.130.69-0.280.63-0.150.990.22-0.73-0.360.51-0.360.26-0.280.79-0.35-0.170.74-0.70.51-0.160.13-0.70.84-0.27-0.51
0.68-0.060.68-0.270.71-0.39-0.070.030.6-0.080.730.690.790.050.66-0.52-0.080.26-0.060.680.330.62-0.54-0.270.76
0.47-0.290.55-0.570.47-0.6-0.260.390.35-0.480.650.40.76-0.320.61-0.21-0.30.62-0.230.58-0.050.83-0.8-0.510.76
Click cells to compare fundamentals

Kirklands Account Relationship Matchups

Kirklands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets422.4M389.4M331.2M274.2M289.4M235.4M
Other Current Liab15.6M21.9M13.8M10.1M21.8M18.2M
Total Current Liabilities141.4M138.3M134.6M111.3M109.2M76.6M
Other Liab59.8M8.3M5.6M4.4M5.1M4.8M
Accounts Payable59.5M55.5M62.5M43.7M46.0M33.3M
Cash30.1M100.3M25.0M5.2M3.8M3.6M
Other Assets8.0M5.7M6.9M1.00.90.86
Inventory94.7M62.1M114.0M84.1M74.1M64.2M
Other Current Assets6.7M8.3M10.5M5.1M4.3M4.1M
Total Liab345.5M294.9M250.1M244.5M286.3M152.4M
Common Stock172.9M174.4M175.9M175.5M176.6M157.0M
Property Plant Equipment110.8M82.9M210.7M174.7M200.9M210.9M
Total Stockholder Equity77.0M94.5M81.1M29.8M3.1M3.0M
Non Current Assets Total290.9M218.7M181.6M179.9M203.9M116.7M
Non Currrent Assets Other6.5M5.7M(35.7M)(36.2M)8.6M9.1M
Common Stock Shares Outstanding14.1M14.9M14.6M12.7M12.9M13.5M
Liabilities And Stockholders Equity422.4M389.4M331.2M274.2M289.4M240.2M
Non Current Liabilities Total204.0M156.6M115.4M133.2M177.1M186.0M
Other Stockholder Equity196.7M223.0M(392K)(47.2M)(54.2M)(51.5M)
Property Plant And Equipment Net282.9M213.1M174.7M173.2M156.4M110.2M
Current Deferred Revenue13.1M15.5M17.1M16.0M1.4M1.3M
Net Debt218.8M96.1M127.3M165.9M170.0M178.5M
Retained Earnings(95.9M)(79.5M)(94.7M)(145.7M)(173.4M)(164.8M)
Cash And Short Term Investments30.1M100.3M25.0M5.2M3.8M3.6M
Common Stock Total Equity167.5M169.5M172.9M174.4M200.5M168.3M
Property Plant And Equipment Gross282.9M210.7M174.7M173.2M389.3M408.8M
Total Current Assets131.5M170.7M149.6M94.3M85.5M129.1M
Net Receivables1M3.3M4.7M1.5M3.3M3.1M
Net Tangible Assets130.8M77.0M94.9M81.1M73.0M94.5M
Non Current Liabilities Other204.0M5.6M4.4M3.6M4.5M4.3M
Net Invested Capital77.0M94.9M81.1M44.8M37.1M69.3M
Net Working Capital(9.9M)33.1M15.0M(17.0M)(23.7M)(22.5M)

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When determining whether Kirklands is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kirklands Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kirklands Stock. Highlighted below are key reports to facilitate an investment decision about Kirklands Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirklands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Kirklands Stock please use our How to buy in Kirklands Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Kirklands' price analysis, check to measure Kirklands' 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 Kirklands is operating at the current time. Most of Kirklands' value examination focuses on studying past and present price action to predict the probability of Kirklands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirklands' price. Additionally, you may evaluate how the addition of Kirklands to your portfolios can decrease your overall portfolio volatility.
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Is Kirklands' 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 Kirklands. If investors know Kirklands 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 Kirklands 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
(0.34)
Earnings Share
(2.16)
Revenue Per Share
36.414
Quarterly Revenue Growth
0.021
Return On Assets
(0.05)
The market value of Kirklands is measured differently than its book value, which is the value of Kirklands that is recorded on the company's balance sheet. Investors also form their own opinion of Kirklands' value that differs from its market value or its book value, called intrinsic value, which is Kirklands' 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 Kirklands' market value can be influenced by many factors that don't directly affect Kirklands' 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 Kirklands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirklands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirklands' 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.