KKR Income Before Tax vs Other Operating Expenses Analysis

KREF Stock  USD 11.89  0.09  0.75%   
KKR Real financial indicator trend analysis is infinitely more than just investigating KKR Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KKR Real Estate is a good investment. Please check the relationship between KKR Real Income Before Tax and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KKR Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KKR Real Estate Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KKR Real's Income Before Tax and Other Operating Expenses is -0.47. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of KKR Real Estate, assuming nothing else is changed. The correlation between historical values of KKR Real's Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of KKR Real Estate are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., KKR Real's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on KKR Real income statement and is an important metric when analyzing KKR Real Estate profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of KKR Real Estate. It is also known as KKR Real overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from KKR Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KKR Real Estate 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 KKR Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The KKR Real's current Enterprise Value is estimated to increase to about 7.2 B, while Selling General Administrative is projected to decrease to roughly 10.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit151.9M163.6M170.4M105.7M
Total Revenue151.9M174.7M181.6M104.9M

KKR Real fundamental ratios Correlations

0.310.90.89-0.470.770.820.750.260.96-0.621.00.760.790.90.530.290.580.730.3-0.30.550.750.840.270.31
0.310.210.180.18-0.090.07-0.33-0.240.090.20.33-0.020.010.240.491.00.04-0.120.910.61-0.060.030.2-0.070.18
0.90.210.99-0.540.890.870.680.470.9-0.760.860.680.870.990.320.190.690.920.26-0.420.660.830.980.480.44
0.890.180.99-0.60.90.840.70.510.9-0.770.850.70.850.980.340.170.710.930.23-0.440.680.80.990.430.4
-0.470.18-0.54-0.6-0.65-0.44-0.55-0.89-0.510.81-0.44-0.79-0.51-0.54-0.360.19-0.88-0.670.220.73-0.7-0.46-0.620.160.11
0.77-0.090.890.9-0.650.830.750.660.82-0.850.720.750.870.860.25-0.110.740.94-0.02-0.630.540.810.870.270.24
0.820.070.870.84-0.440.830.740.390.77-0.820.780.550.990.830.430.050.670.830.06-0.570.530.990.80.370.1
0.75-0.330.680.7-0.550.750.740.360.82-0.730.750.740.760.660.34-0.340.510.74-0.39-0.740.480.70.620.190.04
0.26-0.240.470.51-0.890.660.390.360.3-0.780.210.580.480.440.23-0.260.80.66-0.23-0.690.570.450.55-0.16-0.04
0.960.090.90.9-0.510.820.770.820.3-0.640.940.810.750.910.290.070.560.790.14-0.40.590.70.850.40.39
-0.620.2-0.76-0.770.81-0.85-0.82-0.73-0.78-0.64-0.57-0.71-0.87-0.72-0.360.22-0.88-0.890.240.85-0.73-0.85-0.77-0.150.04
1.00.330.860.85-0.440.720.780.750.210.94-0.570.750.750.850.560.310.530.660.31-0.270.510.720.780.220.27
0.76-0.020.680.7-0.790.750.550.740.580.81-0.710.750.570.670.39-0.040.740.67-0.07-0.570.570.510.66-0.050.07
0.790.010.870.85-0.510.870.990.760.480.75-0.870.750.570.820.44-0.010.710.87-0.01-0.640.550.990.820.320.07
0.90.240.990.98-0.540.860.830.660.440.91-0.720.850.670.820.290.220.670.90.29-0.370.660.780.980.510.48
0.530.490.320.34-0.360.250.430.340.230.29-0.360.560.390.440.290.480.390.170.22-0.160.160.440.29-0.52-0.32
0.291.00.190.170.19-0.110.05-0.34-0.260.070.220.31-0.04-0.010.220.480.02-0.140.910.63-0.060.010.19-0.060.18
0.580.040.690.71-0.880.740.670.510.80.56-0.880.530.740.710.670.390.020.76-0.01-0.70.610.690.730.01-0.18
0.73-0.120.920.93-0.670.940.830.740.660.79-0.890.660.670.870.90.17-0.140.76-0.07-0.680.690.820.930.460.32
0.30.910.260.230.22-0.020.06-0.39-0.230.140.240.31-0.07-0.010.290.220.91-0.01-0.070.690.00.010.260.130.38
-0.30.61-0.42-0.440.73-0.63-0.57-0.74-0.69-0.40.85-0.27-0.57-0.64-0.37-0.160.63-0.7-0.680.69-0.46-0.61-0.42-0.030.32
0.55-0.060.660.68-0.70.540.530.480.570.59-0.730.510.570.550.660.16-0.060.610.690.0-0.460.540.70.340.36
0.750.030.830.8-0.460.810.990.70.450.7-0.850.720.510.990.780.440.010.690.820.01-0.610.540.770.320.04
0.840.20.980.99-0.620.870.80.620.550.85-0.770.780.660.820.980.290.190.730.930.26-0.420.70.770.470.45
0.27-0.070.480.430.160.270.370.19-0.160.4-0.150.22-0.050.320.51-0.52-0.060.010.460.13-0.030.340.320.470.65
0.310.180.440.40.110.240.10.04-0.040.390.040.270.070.070.48-0.320.18-0.180.320.380.320.360.040.450.65
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KKR Real Account Relationship Matchups

KKR Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.0B6.7B7.8B7.5B6.1B
Total Current Liabilities10.0M10.2M14.1M28.1M20.2M19.2M
Total Stockholder Equity1.1B1.0B1.4B1.6B1.4B1.0B
Net Tangible Assets1.1B1.0B1.4B1.6B1.8B988.3M
Retained Earnings(8.6M)(65.7M)(38.2M)(141.5M)(314.4M)(298.7M)
Accounts Payable10.0M10.2M14.1M28.1M20.2M11.7M
Cash67.6M110.8M271.5M239.8M130.9M124.7M
Other Assets4.9B4.8B6.4B7.5B7.3B4.6B
Net Receivables16.3M15.4M15.2M39.0M41.0M43.1M
Common Stock Shares Outstanding57.5M56.1M56.8M67.6M69.2M57.3M
Other Current Assets(83.9M)(126.2M)(365.3M)(359.0M)(360.0M)(342.0M)
Total Liab3.9B3.9B5.3B6.2B6.1B5.1B
Deferred Long Term Liab2.4M2.5M1.7M4.9M5.6M5.9M
Total Current Assets83.9M126.2M286.7M278.8M176.9M141.6M
Common Stock575K556K613K691K693K509.0K
Short Long Term Debt Total4.0B3.9B5.3B6.2B6.1B5.7B
Other Current Liab(10.0M)(10.2M)(14.1M)(143.2M)(20.2M)(19.2M)
Other Liab663K6.2M6.0M7.8M9.0M9.4M
Net Debt3.8B3.8B5.0B5.9B5.9B3.5B
Non Current Assets Total37.5M33.7M35.5M36.8M35.1M33.3M
Non Currrent Assets Other(37.5M)(5.0B)(6.7B)(7.8B)(7.5B)(7.2B)
Long Term Debt3.9B428.5M5.3B480.1M6.1B6.4B
Cash And Short Term Investments67.6M110.8M271.5M239.8M135.9M139.1M
Common Stock Total Equity575K556K613K691K794.7K539.8K
Long Term Debt Total3.9B428.5M480.4M480.1M552.1M524.5M
Liabilities And Stockholders Equity5.1B5.0B6.7B7.8B7.5B6.8B
Non Current Liabilities Total3.9B3.9B5.3B28.1M6.1B6.4B
Capital Surpluse1.2B1.2B1.5B1.8B2.1B1.2B
Other Stockholder Equity1.1B1.1B1.4B1.7B1.7B1.2B
Long Term Investments37.5M33.7M35.5M36.8M35.1M34.8M
Short Term Debt139.1M140.5M141.9M143.2M1.8B1.7B
Retained Earnings Total Equity(8.6M)(65.7M)(38.2M)(141.5M)(127.4M)(121.0M)
Net Invested Capital5.0B4.9B6.7B7.7B7.5B6.0B
Treasury Stock(31.9M)(36.0M)(61.0M)(96.8M)(87.1M)(82.7M)
Non Current Liabilities Other868.3M876.2M1.1B1.9B1.7B1.6B
Current Deferred Revenue(129.0M)(130.3M)(127.7M)(1.8B)(1.6B)(1.5B)

Currently Active Assets on Macroaxis

When determining whether KKR Real Estate is a strong investment it is important to analyze KKR Real's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KKR Real's future performance. For an informed investment choice regarding KKR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KKR Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Mortgage Real Estate Investment Trusts (REITs) 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 KKR Real. If investors know KKR 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 KKR Real 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
(0.64)
Dividend Share
1.18
Earnings Share
(0.29)
Revenue Per Share
0.959
Quarterly Revenue Growth
(0.79)
The market value of KKR Real Estate is measured differently than its book value, which is the value of KKR that is recorded on the company's balance sheet. Investors also form their own opinion of KKR Real's value that differs from its market value or its book value, called intrinsic value, which is KKR Real'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 KKR Real's market value can be influenced by many factors that don't directly affect KKR Real'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 KKR Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if KKR Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KKR Real'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.