| 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 Non Current Assets Total and its Short Long Term Debt 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.
Non Current Assets Total vs Short Long Term Debt
Non Current Assets Total vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kesselrun Resources Non Current Assets Total account and
Short Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Kesselrun Resources' Non Current Assets Total and Short Long Term Debt is 0.08. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt 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' Non Current Assets Total and Short Long Term Debt 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 Assets Total of Kesselrun Resources are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Kesselrun Resources' Non Current Assets Total and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
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
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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.