Kontour Free Cash Flow vs Capital Expenditures Analysis
| 688314 Stock | 28.62 0.38 1.35% |
Kontour Medical financial indicator trend analysis is infinitely more than just investigating Kontour Medical Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kontour Medical Tech is a good investment. Please check the relationship between Kontour Medical Free Cash Flow and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kontour Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Free Cash Flow vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kontour Medical Tech Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kontour Medical's Free Cash Flow and Capital Expenditures is -0.68. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Kontour Medical Technology, assuming nothing else is changed. The correlation between historical values of Kontour Medical's Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Kontour Medical Technology are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Kontour Medical's Free Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by Kontour Medical Tech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Kontour Medical operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Kontour Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kontour Medical Tech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Kontour Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of November 29, 2024, Tax Provision is expected to decline to about 13.7 M. In addition to that, Selling General Administrative is expected to decline to about 56.4 M
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 1.8M | 3.4M | 3.2M | 2.2M | Tax Provision | 14.2M | 14.3M | 17.3M | 13.7M |
Kontour Medical fundamental ratios Correlations
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Kontour Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Kontour Stock
Balance Sheet is a snapshot of the financial position of Kontour Medical Tech at a specified time, usually calculated after every quarter, six months, or one year. Kontour Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kontour Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kontour currently owns. An asset can also be divided into two categories, current and non-current.