Kontour Net Invested Capital vs Common Stock Shares Outstanding 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 Net Invested Capital and its Common Stock Shares Outstanding 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.

Net Invested Capital vs Common Stock Shares Outstanding

Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kontour Medical Tech Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Kontour Medical's Net Invested Capital and Common Stock Shares Outstanding is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding 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 Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Kontour Medical Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Kontour Medical's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 30, 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 Income1.8M3.4M3.2M2.2M
Tax Provision14.2M14.3M17.3M13.7M

Kontour Medical fundamental ratios Correlations

-0.880.981.00.990.990.990.970.930.940.990.40.87-0.960.981.00.960.990.920.90.97-0.180.97-0.910.98
-0.88-0.89-0.87-0.92-0.91-0.8-0.96-0.97-0.78-0.93-0.73-0.950.98-0.93-0.88-0.88-0.8-0.75-0.97-0.76-0.17-0.840.78-0.84
0.98-0.890.980.980.990.960.970.950.970.960.40.87-0.951.00.980.980.960.880.890.94-0.160.94-0.910.94
1.0-0.870.980.980.990.990.970.920.940.980.390.86-0.950.981.00.950.990.920.890.98-0.190.98-0.90.98
0.99-0.920.980.980.980.950.990.970.930.990.50.86-0.960.980.990.980.950.930.940.93-0.130.94-0.910.95
0.99-0.910.990.990.980.970.980.940.940.980.430.9-0.970.990.990.960.970.860.910.95-0.10.95-0.880.95
0.99-0.80.960.990.950.970.920.860.930.950.270.8-0.90.950.990.921.00.920.831.0-0.270.98-0.890.98
0.97-0.960.970.970.990.980.920.990.90.990.580.92-0.990.990.970.970.920.880.970.9-0.020.93-0.880.93
0.93-0.970.950.920.970.940.860.990.880.960.660.9-0.970.970.920.960.850.830.970.820.060.86-0.850.86
0.94-0.780.970.940.930.940.930.90.880.90.240.76-0.860.950.940.970.940.870.790.92-0.320.88-0.920.89
0.99-0.930.960.980.990.980.950.990.960.90.530.89-0.980.970.990.950.950.920.950.93-0.080.95-0.890.96
0.4-0.730.40.390.50.430.270.580.660.240.530.56-0.580.470.390.440.250.310.760.210.690.29-0.220.29
0.87-0.950.870.860.860.90.80.920.90.760.890.56-0.960.90.860.830.80.670.870.770.080.87-0.780.85
-0.960.98-0.95-0.95-0.96-0.97-0.9-0.99-0.97-0.86-0.98-0.58-0.96-0.97-0.95-0.93-0.9-0.83-0.95-0.88-0.01-0.930.86-0.93
0.98-0.931.00.980.980.990.950.990.970.950.970.470.9-0.970.980.980.940.870.920.92-0.10.93-0.90.93
1.0-0.880.981.00.990.990.990.970.920.940.990.390.86-0.950.980.960.990.920.90.98-0.190.97-0.910.98
0.96-0.880.980.950.980.960.920.970.960.970.950.440.83-0.930.980.960.920.90.90.89-0.170.89-0.920.9
0.99-0.80.960.990.950.971.00.920.850.940.950.250.8-0.90.940.990.920.920.821.0-0.290.98-0.90.98
0.92-0.750.880.920.930.860.920.880.830.870.920.310.67-0.830.870.920.90.920.810.91-0.390.91-0.920.93
0.9-0.970.890.890.940.910.830.970.970.790.950.760.87-0.950.920.90.90.820.810.790.20.82-0.750.83
0.97-0.760.940.980.930.951.00.90.820.920.930.210.77-0.880.920.980.891.00.910.79-0.320.97-0.880.97
-0.18-0.17-0.16-0.19-0.13-0.1-0.27-0.020.06-0.32-0.080.690.08-0.01-0.1-0.19-0.17-0.29-0.390.2-0.32-0.290.48-0.31
0.97-0.840.940.980.940.950.980.930.860.880.950.290.87-0.930.930.970.890.980.910.820.97-0.29-0.921.0
-0.910.78-0.91-0.9-0.91-0.88-0.89-0.88-0.85-0.92-0.89-0.22-0.780.86-0.9-0.91-0.92-0.9-0.92-0.75-0.880.48-0.92-0.93
0.98-0.840.940.980.950.950.980.930.860.890.960.290.85-0.930.930.980.90.980.930.830.97-0.311.0-0.93
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Kontour Medical Account Relationship Matchups

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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.