Kontour Non Current Liabilities Total vs Total Stockholder Equity 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 Non Current Liabilities Total and its Total Stockholder Equity 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.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kontour Medical Tech Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kontour Medical's Non Current Liabilities Total and Total Stockholder Equity is 0.39. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Liabilities Total and Total Stockholder Equity 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 Kontour Medical Technology are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Kontour Medical's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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
Click cells to compare fundamentals

Kontour Medical Account Relationship Matchups

Currently Active Assets on Macroaxis

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.