Kutcho Average Payables vs Ptb Ratio Analysis

KC Stock  CAD 0.1  0.01  5.00%   
Kutcho Copper financial indicator trend analysis is infinitely more than just investigating Kutcho Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kutcho Copper Corp is a good investment. Please check the relationship between Kutcho Copper Average Payables and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kutcho Copper Corp. 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.

Average Payables vs Ptb Ratio

Average Payables vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kutcho Copper Corp Average Payables account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kutcho Copper's Average Payables and Ptb Ratio is -0.31. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Kutcho Copper Corp, assuming nothing else is changed. The correlation between historical values of Kutcho Copper's Average Payables and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Kutcho Copper Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Average Payables i.e., Kutcho Copper's Average Payables and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Kutcho Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kutcho Copper Corp 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 Kutcho Copper Corp. 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.
Enterprise Value is likely to climb to about 18.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 907.1 K in 2024.
 2021 2023 2024 (projected)
Interest Expense3.1M3.8M4.0M
Income Tax Expense3.6M4.1M4.3M

Kutcho Copper fundamental ratios Correlations

0.990.470.270.920.950.18-0.870.450.411.00.690.580.94-0.220.070.910.50.940.350.39-0.120.960.910.89-0.47
0.990.40.330.870.950.27-0.890.40.390.990.680.540.92-0.180.10.940.490.940.250.39-0.160.940.930.85-0.47
0.470.40.190.510.43-0.02-0.310.660.610.450.330.270.37-0.14-0.060.360.590.390.95-0.01-0.130.40.380.41-0.07
0.270.330.19-0.010.230.81-0.360.530.140.26-0.070.350.070.110.320.510.320.33-0.030.09-0.170.070.47-0.07-0.07
0.920.870.51-0.010.88-0.16-0.680.310.380.920.790.580.96-0.29-0.220.680.420.850.490.38-0.120.970.670.99-0.49
0.950.950.430.230.880.14-0.870.450.310.960.640.550.930.0-0.010.860.410.880.320.42-0.10.940.860.86-0.63
0.180.27-0.020.81-0.160.14-0.280.250.20.17-0.070.04-0.080.240.520.50.330.23-0.230.04-0.32-0.070.48-0.21-0.18
-0.87-0.89-0.31-0.36-0.68-0.87-0.28-0.47-0.3-0.87-0.46-0.37-0.80.06-0.15-0.92-0.42-0.82-0.15-0.52-0.13-0.82-0.92-0.630.33
0.450.40.660.530.310.450.25-0.470.270.440.00.610.26-0.040.340.520.420.470.490.080.230.310.530.21-0.15
0.410.390.610.140.380.310.2-0.30.270.360.71-0.060.250.14-0.10.360.960.50.510.190.010.310.380.31-0.07
1.00.990.450.260.920.960.17-0.870.440.360.670.590.95-0.240.070.910.460.930.330.39-0.130.960.910.89-0.47
0.690.680.33-0.070.790.64-0.07-0.460.00.710.670.230.70.01-0.370.470.690.750.310.38-0.080.730.470.79-0.42
0.580.540.270.350.580.550.04-0.370.61-0.060.590.230.55-0.330.170.480.130.640.190.070.00.560.450.57-0.39
0.940.920.370.070.960.93-0.08-0.80.260.250.950.70.55-0.26-0.160.760.30.850.330.42-0.120.990.750.96-0.49
-0.22-0.18-0.140.11-0.290.00.240.06-0.040.14-0.240.01-0.33-0.26-0.15-0.120.2-0.15-0.170.020.08-0.25-0.12-0.31-0.4
0.070.1-0.060.32-0.22-0.010.52-0.150.34-0.10.07-0.370.17-0.16-0.150.350.020.05-0.27-0.49-0.19-0.110.37-0.260.15
0.910.940.360.510.680.860.5-0.920.520.360.910.470.480.76-0.120.350.510.880.150.33-0.110.791.00.63-0.36
0.50.490.590.320.420.410.33-0.420.420.960.460.690.130.30.20.020.510.630.440.180.050.380.520.34-0.14
0.940.940.390.330.850.880.23-0.820.470.50.930.750.640.85-0.150.050.880.630.240.440.040.890.860.82-0.44
0.350.250.95-0.030.490.32-0.23-0.150.490.510.330.310.190.33-0.17-0.270.150.440.240.05-0.120.330.160.41-0.1
0.390.39-0.010.090.380.420.04-0.520.080.190.390.380.070.420.02-0.490.330.180.440.050.510.420.310.37-0.34
-0.12-0.16-0.13-0.17-0.12-0.1-0.32-0.130.230.01-0.13-0.080.0-0.120.08-0.19-0.110.050.04-0.120.51-0.06-0.09-0.130.21
0.960.940.40.070.970.94-0.07-0.820.310.310.960.730.560.99-0.25-0.110.790.380.890.330.42-0.060.780.96-0.48
0.910.930.380.470.670.860.48-0.920.530.380.910.470.450.75-0.120.371.00.520.860.160.31-0.090.780.62-0.34
0.890.850.41-0.070.990.86-0.21-0.630.210.310.890.790.570.96-0.31-0.260.630.340.820.410.37-0.130.960.62-0.5
-0.47-0.47-0.07-0.07-0.49-0.63-0.180.33-0.15-0.07-0.47-0.42-0.39-0.49-0.40.15-0.36-0.14-0.44-0.1-0.340.21-0.48-0.34-0.5
Click cells to compare fundamentals

Kutcho Copper Account Relationship Matchups

Kutcho Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.3M52.1M61.8M70.2M69.4M72.9M
Short Long Term Debt Total18.2M21.5M24.3M28.0M32.2M33.8M
Other Current Liab90K223.8K210.5K918.1K39.2K37.3K
Total Current Liabilities1.8M4.1M637.5K918.1K84.4K80.2K
Total Stockholder Equity12.0M14.9M21.8M44.2M42.4M44.5M
Property Plant And Equipment Net45.7M46.8M59.1M65.3M67.6M71.0M
Net Debt24.0M24.7M(903.4K)(3.8M)(4.4M)(4.2M)
Retained Earnings(35.1M)(38.8M)(49.7M)(32.6M)(36.3M)(34.5M)
Accounts Payable100.2K155.9K427.0K499.9K38.2K36.3K
Cash265.8K3.3M903.4K3.8M901.7K741.1K
Non Current Assets Total46.0M47.3M59.8M65.6M67.8M71.2M
Cash And Short Term Investments283.3K3.5M903.4K3.8M4.4M4.6M
Net Receivables17.9K42.5K407.5K554.2K637.3K669.2K
Common Stock Shares Outstanding67.2M75.8M101.4M124.5M154.9M162.7M
Liabilities And Stockholders Equity46.3M52.1M61.8M70.2M80.8M84.8M
Other Stockholder Equity5.6M1.8M5.9M(1.0)(0.9)(0.85)
Total Liab34.3M37.2M40.0M26.0M27.1M28.4M
Total Current Assets340.6K4.9M2.0M4.7M1.6M1.1M
Accumulated Other Comprehensive Income5.6M4.8M5.9M5.2M6.0M6.3M
Other Current Assets39.5K216.0K645.4K266.0K305.8K276.4K
Common Stock41.4M47.2M65.5M71.6M82.4M86.5M
Non Current Liabilities Total32.5M33.1M39.4M25.1M27.0M22.8M
Net Tangible Assets12.0M14.9M21.8M44.2M50.9M53.4M
Net Invested Capital36.2M42.9M21.8M44.2M42.4M35.4M
Net Working Capital(1.5M)724.0K1.3M3.7M1.5M1.2M
Other Liab9.9M8.8M39.4M25.1M28.8M17.8M
Non Current Liabilities Other9.4M9.7M8.6M39.2M45.1M47.4M
Capital Stock41.4M47.2M65.5M71.6M73.0M62.0M

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