Kesselrun Total Current Assets vs Net Debt Analysis

KES Stock

CAD 0.04 0.01 14.29%

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 Total Current Assets and its Net 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kesselrun Resources Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Kesselrun Resources' Total Current Assets and Net Debt is -0.58. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net 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' Total Current Assets and Net 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 Total Current Assets of Kesselrun Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Kesselrun Resources' Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 2025, despite the fact that Tax Provision is likely to grow to (122.3 K).

Kesselrun Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Net Tangible Assets	Property Plant Equipment	Non Currrent Assets Other	Long Term Investments	Other Current Assets	Short Long Term Debt	Short Term Debt	Short Long Term Debt Total
Total Assets		0.83	0.94	1.0	0.98	-0.09	-0.65	-0.4	0.26	0.98	0.28	0.37	0.97	-0.02	0.93	0.31	0.88	0.86	0.99	0.98	0.71	-0.57	0.28	0.11	0.6	-0.7
Other Current Liab	0.83		0.88	0.8	0.86	0.15	-0.67	-0.47	0.01	0.86	0.08	-0.07	0.85	-0.24	0.9	0.08	0.74	0.69	0.83	0.84	0.74	-0.59	-0.22	0.4	0.5	-0.81
Total Current Liabilities	0.94	0.88		0.9	0.95	0.08	-0.66	-0.42	0.11	0.95	0.12	0.17	0.94	-0.1	0.98	0.15	0.78	0.81	0.93	0.94	0.66	-0.71	0.1	0.18	0.54	-0.69
Total Stockholder Equity	1.0	0.8	0.9		0.96	-0.14	-0.63	-0.39	0.31	0.96	0.33	0.44	0.96	0.0	0.89	0.37	0.88	0.84	0.98	0.96	0.72	-0.52	0.34	0.11	0.61	-0.7
Property Plant And Equipment Net	0.98	0.86	0.95	0.96		0.05	-0.73	-0.41	0.12	1.0	0.07	0.25	0.98	-0.02	0.97	0.1	0.86	0.92	0.98	0.99	0.64	-0.62	0.16	0.06	0.51	-0.67
Net Debt	-0.09	0.15	0.08	-0.14	0.05		-0.25	-0.42	-0.98	0.05	-0.56	-0.59	0.09	0.1	0.14	-0.58	-0.04	0.1	-0.02	0.03	0.1	-0.19	-0.37	0.33	0.24	-0.02
Retained Earnings	-0.65	-0.67	-0.66	-0.63	-0.73	-0.25		0.77	0.15	-0.73	0.24	-0.1	-0.79	-0.21	-0.68	0.21	-0.77	-0.59	-0.7	-0.73	-0.49	0.39	0.01	-0.09	-0.26	0.58
Accounts Payable	-0.4	-0.47	-0.42	-0.39	-0.41	-0.42	0.77		0.36	-0.41	-0.01	-0.1	-0.56	-0.17	-0.39	-0.03	-0.58	-0.19	-0.47	-0.43	-0.64	0.18	-0.09	-0.5	-0.5	0.6
Cash	0.26	0.01	0.11	0.31	0.12	-0.98	0.15	0.36		0.12	0.63	0.6	0.08	-0.1	0.04	0.65	0.15	0.03	0.19	0.14	0.01	0.01	0.39	-0.29	-0.1	-0.08
Non Current Assets Total	0.98	0.86	0.95	0.96	1.0	0.05	-0.73	-0.41	0.12		0.07	0.25	0.98	-0.02	0.97	0.1	0.86	0.92	0.98	0.99	0.64	-0.62	0.16	0.06	0.51	-0.67
Cash And Short Term Investments	0.28	0.08	0.12	0.33	0.07	-0.56	0.24	-0.01	0.63	0.07		0.51	0.11	-0.02	0.02	1.0	0.15	-0.15	0.23	0.09	0.4	0.01	0.47	0.28	0.53	-0.24
Net Receivables	0.37	-0.07	0.17	0.44	0.25	-0.59	-0.1	-0.1	0.6	0.25	0.51		0.27	0.03	0.06	0.58	0.41	0.23	0.34	0.31	0.3	0.15	0.89	-0.08	0.16	-0.28
Common Stock Shares Outstanding	0.97	0.85	0.94	0.96	0.98	0.09	-0.79	-0.56	0.08	0.98	0.11	0.27		0.07	0.94	0.15	0.89	0.86	0.98	0.98	0.7	-0.6	0.2	0.13	0.59	-0.7
Other Stockholder Equity	-0.02	-0.24	-0.1	0.0	-0.02	0.1	-0.21	-0.17	-0.1	-0.02	-0.02	0.03	0.07		-0.07	-0.01	0.12	-0.03	-0.03	-0.06	-0.25	0.05	0.23	-0.4	0.16	0.47
Total Liab	0.93	0.9	0.98	0.89	0.97	0.14	-0.68	-0.39	0.04	0.97	0.02	0.06	0.94	-0.07		0.04	0.77	0.86	0.93	0.95	0.61	-0.72	0.0	0.12	0.51	-0.65
Total Current Assets	0.31	0.08	0.15	0.37	0.1	-0.58	0.21	-0.03	0.65	0.1	1.0	0.58	0.15	-0.01	0.04		0.2	-0.11	0.27	0.13	0.42	0.02	0.53	0.26	0.54	-0.26
Common Stock	0.88	0.74	0.78	0.88	0.86	-0.04	-0.77	-0.58	0.15	0.86	0.15	0.41	0.89	0.12	0.77	0.2		0.72	0.88	0.87	0.78	-0.24	0.29	0.13	0.56	-0.69
Non Current Liabilities Total	0.86	0.69	0.81	0.84	0.92	0.1	-0.59	-0.19	0.03	0.92	-0.15	0.23	0.86	-0.03	0.86	-0.11	0.72		0.86	0.92	0.43	-0.55	0.21	-0.14	0.34	-0.46
Net Tangible Assets	0.99	0.83	0.93	0.98	0.98	-0.02	-0.7	-0.47	0.19	0.98	0.23	0.34	0.98	-0.03	0.93	0.27	0.88	0.86		0.99	0.73	-0.57	0.26	0.13	0.62	-0.71
Property Plant Equipment	0.98	0.84	0.94	0.96	0.99	0.03	-0.73	-0.43	0.14	0.99	0.09	0.31	0.98	-0.06	0.95	0.13	0.87	0.92	0.99		0.67	-0.6	0.22	0.07	0.52	-0.69
Non Currrent Assets Other	0.71	0.74	0.66	0.72	0.64	0.1	-0.49	-0.64	0.01	0.64	0.4	0.3	0.7	-0.25	0.61	0.42	0.78	0.43	0.73	0.67		-0.15	0.2	0.66	0.76	-0.88
Long Term Investments	-0.57	-0.59	-0.71	-0.52	-0.62	-0.19	0.39	0.18	0.01	-0.62	0.01	0.15	-0.6	0.05	-0.72	0.02	-0.24	-0.55	-0.57	-0.6	-0.15		0.15	-0.03	-0.23	0.31
Other Current Assets	0.28	-0.22	0.1	0.34	0.16	-0.37	0.01	-0.09	0.39	0.16	0.47	0.89	0.2	0.23	0.0	0.53	0.29	0.21	0.26	0.22	0.2	0.15		-0.1	0.32	-0.03
Short Long Term Debt	0.11	0.4	0.18	0.11	0.06	0.33	-0.09	-0.5	-0.29	0.06	0.28	-0.08	0.13	-0.4	0.12	0.26	0.13	-0.14	0.13	0.07	0.66	-0.03	-0.1		0.49	-0.64
Short Term Debt	0.6	0.5	0.54	0.61	0.51	0.24	-0.26	-0.5	-0.1	0.51	0.53	0.16	0.59	0.16	0.51	0.54	0.56	0.34	0.62	0.52	0.76	-0.23	0.32	0.49		-0.44
Short Long Term Debt Total	-0.7	-0.81	-0.69	-0.7	-0.67	-0.02	0.58	0.6	-0.08	-0.67	-0.24	-0.28	-0.7	0.47	-0.65	-0.26	-0.69	-0.46	-0.71	-0.69	-0.88	0.31	-0.03	-0.64	-0.44

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Kesselrun Resources Account Relationship Matchups

Kesselrun Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.6M	11.8M	11.0M	11.4M	13.1M	13.8M
Other Current Liab	502.5K	423.2K	196.9K	667.4K	767.5K	805.8K
Total Current Liabilities	825.6K	1.1M	795.6K	1.7M	1.9M	2.0M
Total Stockholder Equity	8.8M	10.7M	9.5M	9.2M	10.6M	11.1M
Property Plant And Equipment Net	5.6M	9.3M	10.2M	10.6M	12.2M	12.8M
Net Debt	(671.2K)	(3.0M)	(1.5M)	(311.4K)	(280.3K)	(294.3K)
Retained Earnings	(4.0M)	(4.2M)	(5.4M)	(5.7M)	(5.1M)	(5.4M)
Accounts Payable	2.8K	2.5K	2.0K	2.1K	1.9K	1.8K
Cash	3.1M	1.6M	437.6K	566.6K	651.6K	927.3K
Non Current Assets Total	5.6M	9.3M	10.2M	10.6M	12.2M	12.8M
Cash And Short Term Investments	1.7M	3.8M	2.1M	730.4K	840.0K	1.7M
Net Receivables	128.1K	250.3K	16.6K	7.4K	8.5K	8.1K
Common Stock Shares Outstanding	65.4M	88.0M	93.7M	94.1M	108.2M	113.6M
Liabilities And Stockholders Equity	4.5M	9.6M	11.8M	11.0M	12.6M	13.3M
Other Stockholder Equity	559.8K	625.6K	2.3M	2.9M	2.6M	2.3M
Total Liab	825.6K	1.1M	1.5M	2.2M	2.6M	2.7M
Total Current Assets	4.0M	2.5M	765.7K	820.8K	944.0K	1.7M
Net Tangible Assets	3.1M	3.9M	8.8M	10.7M	12.3M	12.9M
Accumulated Other Comprehensive Income	559.8K	625.6K	2.3M	2.9M	3.3M	3.4M
Property Plant Equipment	2.5M	2.7M	5.6M	9.3M	10.7M	11.3M
Other Current Assets	27.5K	53.6K	149.2K	18.7K	21.5K	20.4K
Short Long Term Debt	107.6K	116.6K	126.2K	136.7K	123.1K	201.1K
Short Term Debt	99.4K	107.6K	116.6K	126.2K	145.2K	126.3K
Short Long Term Debt Total	99.4K	107.6K	116.6K	126.2K	113.6K	104.8K
Short Term Investments	739.2K	459.2K	292.8K	219.4K	197.4K	187.6K
Net Invested Capital	8.9M	10.8M	9.6M	9.3M	10.7M	7.7M
Net Working Capital	3.2M	1.4M	(29.9K)	(873.3K)	(786.0K)	(746.7K)
Capital Stock	6.6M	10.5M	12.0M	12.0M	13.8M	10.2M

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