Kronos Long Term Debt Total vs Total Current Assets Analysis

KRO Stock  USD 13.31  0.09  0.68%   
Kronos Worldwide financial indicator trend analysis is infinitely more than just investigating Kronos Worldwide recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kronos Worldwide is a good investment. Please check the relationship between Kronos Worldwide Long Term Debt Total and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kronos Worldwide. 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.
To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.

Long Term Debt Total vs Total Current Assets

Long Term Debt Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kronos Worldwide Long Term Debt Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kronos Worldwide's Long Term Debt Total and Total Current Assets is 0.66. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Kronos Worldwide, assuming nothing else is changed. The correlation between historical values of Kronos Worldwide's Long Term Debt Total and Total Current 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 Long Term Debt Total of Kronos Worldwide are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt Total i.e., Kronos Worldwide's Long Term Debt Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

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.
Most indicators from Kronos Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kronos Worldwide 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 Kronos Worldwide. 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.
To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.As of the 17th of May 2024, Selling General Administrative is likely to drop to about 215.5 M. In addition to that, Tax Provision is likely to grow to about (23.4 M)
 2021 2022 2023 2024 (projected)
Gross Profit446.2M391.1M164.9M156.7M
Total Revenue1.9B1.9B1.7B1.6B

Kronos Worldwide fundamental ratios Correlations

0.89-0.440.580.620.820.190.440.70.590.81-0.21-0.80.250.80.67-0.530.110.810.830.610.040.360.790.130.32
0.89-0.410.540.590.47-0.140.360.780.240.74-0.25-0.740.340.520.79-0.47-0.210.530.650.58-0.04-0.060.790.130.23
-0.44-0.41-0.95-0.93-0.330.47-0.28-0.32-0.35-0.250.140.620.17-0.22-0.050.940.51-0.22-0.52-0.890.180.21-0.460.13-0.28
0.580.54-0.950.970.45-0.460.330.340.490.46-0.05-0.73-0.220.320.25-0.97-0.510.330.650.89-0.04-0.10.5-0.180.21
0.620.59-0.930.970.45-0.420.190.370.510.40.02-0.76-0.220.350.33-0.98-0.470.360.670.960.03-0.130.54-0.270.11
0.820.47-0.330.450.450.540.40.370.830.64-0.1-0.620.050.890.31-0.440.470.90.780.450.130.770.550.080.34
0.19-0.140.47-0.46-0.420.540.030.00.30.01-0.080.140.250.55-0.090.410.990.550.08-0.340.090.810.090.20.15
0.440.36-0.280.330.190.40.030.650.080.62-0.63-0.150.550.210.16-0.17-0.020.210.390.25-0.470.140.460.650.76
0.70.78-0.320.340.370.370.00.65-0.070.6-0.53-0.330.790.280.6-0.22-0.070.290.440.47-0.4-0.130.780.480.56
0.590.24-0.350.490.510.830.30.08-0.070.480.24-0.67-0.460.770.14-0.550.260.770.720.460.410.710.24-0.250.01
0.810.74-0.250.460.40.640.010.620.60.48-0.25-0.640.220.580.6-0.33-0.060.580.690.36-0.050.310.590.340.41
-0.21-0.250.14-0.050.02-0.1-0.08-0.63-0.530.24-0.250.07-0.59-0.150.06-0.08-0.07-0.15-0.19-0.040.890.05-0.26-0.87-0.91
-0.8-0.740.62-0.73-0.76-0.620.14-0.15-0.33-0.67-0.640.070.23-0.74-0.380.720.2-0.74-0.74-0.68-0.12-0.19-0.60.08-0.16
0.250.340.17-0.22-0.220.050.250.550.79-0.460.22-0.590.23-0.020.330.340.21-0.01-0.01-0.07-0.51-0.120.410.650.54
0.80.52-0.220.320.350.890.550.210.280.770.58-0.15-0.74-0.020.23-0.330.51.00.680.320.130.740.560.110.29
0.670.79-0.050.250.330.31-0.090.160.60.140.60.06-0.380.330.23-0.21-0.120.260.560.330.21-0.040.39-0.08-0.1
-0.53-0.470.94-0.97-0.98-0.440.41-0.17-0.22-0.55-0.33-0.080.720.34-0.33-0.210.45-0.34-0.63-0.92-0.090.08-0.440.34-0.06
0.11-0.210.51-0.51-0.470.470.99-0.02-0.070.26-0.06-0.070.20.210.5-0.120.450.50.04-0.390.10.80.00.170.11
0.810.53-0.220.330.360.90.550.210.290.770.58-0.15-0.74-0.011.00.26-0.340.50.690.330.130.730.570.110.29
0.830.65-0.520.650.670.780.080.390.440.720.69-0.19-0.74-0.010.680.56-0.630.040.690.660.010.390.40.00.3
0.610.58-0.890.890.960.45-0.340.250.470.460.36-0.04-0.68-0.070.320.33-0.92-0.390.330.66-0.02-0.160.58-0.20.16
0.04-0.040.18-0.040.030.130.09-0.47-0.40.41-0.050.89-0.12-0.510.130.21-0.090.10.130.01-0.020.27-0.09-0.75-0.82
0.36-0.060.21-0.1-0.130.770.810.14-0.130.710.310.05-0.19-0.120.74-0.040.080.80.730.39-0.160.270.070.070.14
0.790.79-0.460.50.540.550.090.460.780.240.59-0.26-0.60.410.560.39-0.440.00.570.40.58-0.090.070.220.37
0.130.130.13-0.18-0.270.080.20.650.48-0.250.34-0.870.080.650.11-0.080.340.170.110.0-0.2-0.750.070.220.88
0.320.23-0.280.210.110.340.150.760.560.010.41-0.91-0.160.540.29-0.1-0.060.110.290.30.16-0.820.140.370.88
Click cells to compare fundamentals

Kronos Worldwide Account Relationship Matchups

Kronos Worldwide fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B2.0B1.9B1.8B1.7B
Total Stockholder Equity816.1M796.5M870.2M957.2M808.3M662.0M
Other Assets133M292M125.4M70.1M63.1M59.9M
Liabilities And Stockholders Equity2.0B2.0B2.0B1.9B1.8B1.7B
Other Stockholder Equity1.4B1.4B1.4B1.4B1.4B1.2B
Total Liab1.1B1.2B1.1B977.2M1.0B1.0B
Short Long Term Debt Total473.9M512.9M470.7M446.4M463.4M372.0M
Other Current Liab125.7M141.8M140.1M144.6M370.8M389.3M
Total Current Liabilities270.6M260.2M288.8M326.7M370.8M271.9M
Other Liab412.9M474.5M388.2M209M240.4M265.3M
Property Plant And Equipment Net519.6M550.7M523.3M506M505.6M537.1M
Current Deferred Revenue25M9M151M(222.6M)(200.3M)(190.3M)
Net Debt83.1M157.6M64.7M118.6M268.7M228.2M
Accounts Payable137.2M111M143.6M177.2M218.7M148.5M
Cash390.8M355.3M406M327.8M194.7M197.7M
Non Current Assets Total746.1M818.4M754.8M692.2M720.6M608.7M
Non Currrent Assets Other5.3M11.2M18.6M18.1M18.5M17.6M
Long Term Debt444M486.7M449.8M424.1M440.9M364.4M
Cash And Short Term Investments390.8M355.3M406M327.8M194.7M198.7M
Net Receivables312.5M309.4M323M379.1M255.1M283.7M
Non Current Liabilities Total879.1M980M853.8M650.5M658.9M796.3M
Inventory503M519M432.3M608.7M564.6M444.0M
Other Current Assets16.5M21M40.6M48.6M43.4M45.6M
Property Plant And Equipment Gross519.6M550.7M1.6B1.5B1.6B1.7B
Total Current Assets1.2B1.2B1.3B1.2B1.1B948.6M
Accumulated Other Comprehensive Income(448.8M)(448.2M)(404.1M)(331.5M)(341.1M)(358.2M)
Short Term Debt1.5M7.7M7.4M5.1M4.9M4.0M
Property Plant Equipment490.6M524.6M503.4M484.5M557.2M530.8M
Retained Earnings(132.5M)(151.8M)(122.1M)(105.4M)(242M)(254.1M)
Net Tangible Assets816.1M796.5M870.2M957.2M861.5M639.6M
Retained Earnings Total Equity(132.5M)(151.8M)(122.1M)(105.4M)(121.2M)(127.3M)
Long Term Debt Total444M486.7M449.8M424.1M487.7M428.4M
Capital Surpluse1.4B1.4B1.4B1.4B1.3B1.1B
Deferred Long Term Liab20.7M24.6M28.1M26.4M30.4M22.2M
Non Current Liabilities Other414.4M468.7M375.9M200M10.5M10.0M

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When determining whether Kronos Worldwide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kronos Worldwide'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 Kronos Worldwide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kronos Worldwide Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kronos Worldwide. 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.
To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Kronos Worldwide'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 Kronos Worldwide. If investors know Kronos 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 Kronos Worldwide 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
(0.42)
Dividend Share
0.76
Earnings Share
(0.23)
Revenue Per Share
14.945
Quarterly Revenue Growth
0.123
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide'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 Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide'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 Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide'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.