Koppers Non Current Liabilities Total vs Long Term Debt Analysis

KOP Stock  USD 36.51  0.91  2.43%   
Koppers Holdings financial indicator trend analysis is infinitely more than just investigating Koppers Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koppers Holdings is a good investment. Please check the relationship between Koppers Holdings Non Current Liabilities Total and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koppers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Koppers Stock, please use our How to Invest in Koppers Holdings guide.

Non Current Liabilities Total vs Long Term Debt

Non Current Liabilities Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Koppers Holdings Non Current Liabilities Total account and Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Koppers Holdings' Non Current Liabilities Total and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Koppers Holdings, assuming nothing else is changed. The correlation between historical values of Koppers Holdings' Non Current Liabilities Total and Long Term Debt 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 Current Liabilities Total of Koppers Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Koppers Holdings' Non Current Liabilities Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Long Term Debt

Long-term debt is a debt that Koppers Holdings has held for over one year. Long-term debt appears on Koppers Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Koppers Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Koppers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koppers Holdings 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 Koppers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Koppers Stock, please use our How to Invest in Koppers Holdings guide.As of 09/22/2024, Selling General Administrative is likely to drop to about 113.7 M. In addition to that, Discontinued Operations is likely to drop to about (567 K)
 2021 2022 2023 2024 (projected)
Interest Expense40.5M44.8M71M46.7M
Depreciation And Amortization57.7M56.1M57M46.5M

Koppers Holdings fundamental ratios Correlations

0.56-0.450.570.710.930.920.590.91-0.040.790.490.90.590.940.020.98-0.560.890.020.640.970.910.970.130.59
0.56-0.30.290.430.320.340.050.35-0.320.860.670.310.990.550.310.51-0.750.280.320.470.430.310.650.020.86
-0.45-0.3-0.92-0.83-0.45-0.32-0.68-0.47-0.3-0.34-0.51-0.28-0.31-0.55-0.53-0.330.36-0.34-0.53-0.77-0.39-0.34-0.47-0.65-0.3
0.570.29-0.920.960.550.410.780.550.350.330.430.360.270.60.50.45-0.230.410.50.760.510.430.540.580.22
0.710.43-0.830.960.630.510.730.640.290.460.480.470.40.720.420.61-0.330.490.420.740.630.530.690.50.32
0.930.32-0.450.550.630.990.70.960.150.690.360.980.380.88-0.160.95-0.450.98-0.160.550.980.990.870.140.48
0.920.34-0.320.410.510.990.60.930.050.720.331.00.40.85-0.240.96-0.460.99-0.240.470.981.00.860.020.51
0.590.05-0.680.780.730.70.60.740.250.270.260.570.060.540.250.53-0.10.640.250.590.630.610.50.630.14
0.910.35-0.470.550.640.960.930.740.10.70.430.930.410.89-0.140.92-0.550.93-0.140.540.930.930.880.310.51
-0.04-0.32-0.30.350.290.150.050.250.1-0.140.070.06-0.30.07-0.17-0.030.120.08-0.17-0.040.00.12-0.050.23-0.1
0.790.86-0.340.330.460.690.720.270.7-0.140.660.710.90.790.00.8-0.810.690.010.470.740.710.840.010.93
0.490.67-0.510.430.480.360.330.260.430.070.660.290.710.530.450.42-0.630.310.450.510.360.320.610.340.82
0.90.31-0.280.360.470.981.00.570.930.060.710.290.370.83-0.310.95-0.460.99-0.310.430.970.990.83-0.020.49
0.590.99-0.310.270.40.380.40.060.41-0.30.90.710.370.610.240.55-0.810.350.240.490.470.370.690.010.91
0.940.55-0.550.60.720.880.850.540.890.070.790.530.830.610.010.92-0.660.830.010.640.890.850.960.240.61
0.020.31-0.530.50.42-0.16-0.240.25-0.14-0.170.00.45-0.310.240.01-0.140.09-0.231.00.48-0.12-0.240.070.510.12
0.980.51-0.330.450.610.950.960.530.92-0.030.80.420.950.550.92-0.14-0.550.93-0.140.520.980.950.950.030.58
-0.56-0.750.36-0.23-0.33-0.45-0.46-0.1-0.550.12-0.81-0.63-0.46-0.81-0.660.09-0.55-0.440.08-0.39-0.49-0.44-0.66-0.12-0.81
0.890.28-0.340.410.490.980.990.640.930.080.690.310.990.350.83-0.230.93-0.44-0.230.480.960.990.830.050.48
0.020.32-0.530.50.42-0.16-0.240.25-0.14-0.170.010.45-0.310.240.011.0-0.140.08-0.230.48-0.13-0.240.070.510.12
0.640.47-0.770.760.740.550.470.590.54-0.040.470.510.430.490.640.480.52-0.390.480.480.570.470.650.290.38
0.970.43-0.390.510.630.980.980.630.930.00.740.360.970.470.89-0.120.98-0.490.96-0.130.570.970.910.050.51
0.910.31-0.340.430.530.991.00.610.930.120.710.320.990.370.85-0.240.95-0.440.99-0.240.470.970.840.030.5
0.970.65-0.470.540.690.870.860.50.88-0.050.840.610.830.690.960.070.95-0.660.830.070.650.910.840.170.68
0.130.02-0.650.580.50.140.020.630.310.230.010.34-0.020.010.240.510.03-0.120.050.510.290.050.030.170.06
0.590.86-0.30.220.320.480.510.140.51-0.10.930.820.490.910.610.120.58-0.810.480.120.380.510.50.680.06
Click cells to compare fundamentals

Koppers Holdings Account Relationship Matchups

Koppers Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.7B1.7B1.8B1.1B
Total Stockholder Equity147.3M341.7M406.6M399.4M498.9M523.8M
Other Assets51.7M179M26M20.9M18.8M17.9M
Common Stock Shares Outstanding21.1M21.4M21.9M21.3M21.5M19.4M
Liabilities And Stockholders Equity1.6B1.6B1.7B1.7B1.8B1.1B
Other Stockholder Equity131M141.6M145.5M136.3M143.4M104.9M
Total Liab1.4B1.3B1.3B1.3B1.3B980.5M
Short Long Term Debt Total1.0B878.4M875.1M904.5M930.7M666.1M
Other Current Liab94M106.7M90.5M96.1M95.1M86.2M
Other Liab126.1M113.4M113.6M100.4M115.5M125.0M
Property Plant And Equipment Net528.9M511.6M580.3M643.6M722.2M758.3M
Net Debt982.9M839.9M829.6M871.2M864.2M619.5M
Retained Earnings93.8M215.8M300.9M360.2M444M466.2M
Accounts Payable169.9M154.1M171.9M207.4M202.9M136.7M
Cash33M38.5M45.5M33.3M66.5M46.7M
Non Current Assets Total1.0B1.0B1.0B1.1B1.1B638.7M
Non Currrent Assets Other23.9M24.6M11M9.2M7.3M6.9M
Long Term Debt891M765.8M781.5M817.7M835.4M626.4M
Cash And Short Term Investments33M38.5M45.5M33.3M66.5M47.1M
Net Receivables165.8M176.3M182.8M215.7M202.4M176.6M
Good Will296.1M297.8M296M294M294.4M169.3M
Non Current Liabilities Total1.1B960.5M965.4M984.4M1.0B773.5M
Inventory299.1M295.8M313.8M355.7M395.7M240.9M
Other Current Assets21.6M15.4M25M29M34.4M25.9M
Property Plant And Equipment Gross528.9M511.6M580.3M643.6M1.2B1.3B
Total Current Assets519.5M564.5M628.1M636.8M699M503.0M
Accumulated Other Comprehensive Income(77.7M)(15.9M)(40M)(97.3M)(88.8M)(84.4M)
Treasury Stock(90M)(90.9M)(92.5M)(104M)(93.6M)(88.9M)
Short Term Debt32.3M31.3M23.3M20.5M27.9M22.5M
Intangible Assets168.4M149.8M131.5M116.1M102.2M105.5M
Property Plant Equipment415.4M409.1M489.1M643.6M740.1M777.1M
Net Tangible Assets(317.2M)(105.9M)(20.9M)(10.7M)(9.6M)(10.1M)
Noncontrolling Interest In Consolidated Entity5.9M10.8M11.4M4.3M3.8M3.6M
Retained Earnings Total Equity27.2M93.8M215.8M300.9M346.0M363.3M

Pair Trading with Koppers Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Koppers Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Koppers Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Koppers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koppers Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Koppers Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Koppers Holdings to buy it.
The correlation of Koppers Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Koppers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koppers Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Koppers Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Koppers Stock Analysis

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