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 Gross Profit and its Depreciation And Amortization 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.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kutcho Copper Corp Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kutcho Copper's Gross Profit and Depreciation And Amortization is 0.87. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization 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 Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Kutcho Copper Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Kutcho Copper's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kutcho Copper Corp minus its cost of goods sold. It is profit before Kutcho Copper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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.
Kutcho Copper fundamental ratios Correlations
Click cells to compare fundamentals
Kutcho Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kutcho Copper fundamental ratios Accounts
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Additional Tools for Kutcho Stock Analysis
When running Kutcho Copper's price analysis, check to
measure Kutcho Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kutcho Copper is operating at the current time. Most of Kutcho Copper's value examination focuses on studying past and present price action to
predict the probability of Kutcho Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kutcho Copper's price. Additionally, you may evaluate how the addition of Kutcho Copper to your portfolios can decrease your overall portfolio volatility.