| KES Stock | | | CAD 0.04 0.01 12.50% |
Kesselrun Resources financial indicator trend analysis is infinitely more than just investigating Kesselrun Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kesselrun Resources is a good investment. Please check the relationship between Kesselrun Resources Long Term Investments and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kesselrun Resources. 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.
Long Term Investments vs Cash And Short Term Investments
Long Term Investments vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kesselrun Resources Long Term Investments account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Kesselrun Resources' Long Term Investments and Cash And Short Term Investments is 0.02. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Kesselrun Resources, assuming nothing else is changed. The correlation between historical values of Kesselrun Resources' Long Term Investments and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Kesselrun Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Investments i.e., Kesselrun Resources' Long Term Investments and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Kesselrun Resources balance sheet that represents investments Kesselrun Resources intends to hold for over a year. Kesselrun Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Kesselrun Resources balance sheet. This account contains Kesselrun Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kesselrun Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Kesselrun Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kesselrun Resources 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 Kesselrun Resources. 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.
At this time, Kesselrun Resources'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 2.4
M in 2024, whereas
Tax Provision is likely to drop slightly above 63.3
K in 2024.
Kesselrun Resources fundamental ratios Correlations
Click cells to compare fundamentals
Kesselrun Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kesselrun Resources fundamental ratios Accounts
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Additional Tools for Kesselrun Stock Analysis
When running Kesselrun Resources' price analysis, check to
measure Kesselrun Resources' 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 Kesselrun Resources is operating at the current time. Most of Kesselrun Resources' value examination focuses on studying past and present price action to
predict the probability of Kesselrun Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kesselrun Resources' price. Additionally, you may evaluate how the addition of Kesselrun Resources to your portfolios can decrease your overall portfolio volatility.