Kiplin Investments vs Capital Expenditures Analysis

KIP Stock

0.27 0.01 3.57%

Kiplin Metals financial indicator trend analysis is infinitely more than just investigating Kiplin Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kiplin Metals is a good investment. Please check the relationship between Kiplin Metals Investments and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kiplin Metals. 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.

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiplin Metals Investments account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.

The correlation between Kiplin Metals' Investments and Capital Expenditures is 0.3. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Kiplin Metals, assuming nothing else is changed. The correlation between historical values of Kiplin Metals' Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Kiplin Metals are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Kiplin Metals' Investments and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Capital Expenditures

Capital Expenditures are funds used by Kiplin Metals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Kiplin Metals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Kiplin Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kiplin Metals 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 Kiplin Metals. 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 17.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 364.1 K in 2024.

Kiplin Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Short Term Investments	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Common Stock	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.55	-0.1	0.96	-0.59	-0.1	-0.33	0.51	0.42	0.78	-0.31	-0.02	-0.51	-0.06	0.41	0.95	0.94	-0.35	-0.07	-0.45	-0.45	0.01	0.18	0.21	0.34	-0.04
Other Current Liab	0.55		0.24	0.42	-0.61	0.48	-0.26	0.45	0.82	0.74	-0.37	-0.51	0.2	0.43	0.45	0.42	0.39	0.04	0.46	0.08	0.08	-0.54	0.57	0.55	0.36	-0.19
Total Current Liabilities	-0.1	0.24		-0.31	0.11	0.51	0.85	-0.19	0.13	0.13	-0.42	-0.64	0.57	0.93	-0.19	-0.06	-0.08	0.36	0.66	0.68	0.68	-0.6	0.54	0.56	0.3	-0.4
Total Stockholder Equity	0.96	0.42	-0.31		-0.56	-0.23	-0.47	0.56	0.31	0.71	-0.22	0.15	-0.64	-0.29	0.48	0.91	0.91	-0.4	-0.23	-0.55	-0.55	0.18	0.01	0.03	0.29	0.14
Net Debt	-0.59	-0.61	0.11	-0.56		0.05	0.37	-0.79	-0.78	-0.66	-0.05	0.15	0.31	0.04	-0.51	-0.45	-0.42	0.35	-0.14	0.32	0.32	0.08	-0.06	-0.02	0.08	-0.06
Retained Earnings	-0.1	0.48	0.51	-0.23	0.05		0.29	-0.25	0.14	0.1	-0.65	-0.54	0.72	0.53	-0.25	-0.03	-0.05	0.34	0.48	0.72	0.72	-0.9	0.92	0.9	0.57	-0.39
Accounts Payable	-0.33	-0.26	0.85	-0.47	0.37	0.29		-0.41	-0.29	-0.26	-0.27	-0.38	0.44	0.67	-0.43	-0.22	-0.22	0.31	0.42	0.64	0.64	-0.34	0.27	0.31	0.14	-0.32
Cash	0.51	0.45	-0.19	0.56	-0.79	-0.25	-0.41		0.65	0.6	-0.01	-0.09	-0.31	-0.11	0.9	0.26	0.25	0.02	0.1	-0.3	-0.3	0.27	-0.18	-0.24	0.09	0.61
Cash And Short Term Investments	0.42	0.82	0.13	0.31	-0.78	0.14	-0.29	0.65		0.65	-0.08	-0.4	0.12	0.38	0.57	0.22	0.2	0.01	0.4	-0.11	-0.11	-0.27	0.25	0.2	0.05	-0.02
Net Receivables	0.78	0.74	0.13	0.71	-0.66	0.1	-0.26	0.6	0.65		-0.18	-0.27	-0.23	0.21	0.5	0.69	0.67	-0.19	0.2	-0.13	-0.13	-0.22	0.32	0.29	0.22	0.01
Common Stock Shares Outstanding	-0.31	-0.37	-0.42	-0.22	-0.05	-0.65	-0.27	-0.01	-0.08	-0.18		0.42	-0.41	-0.42	-0.07	-0.33	-0.33	-0.42	-0.34	-0.4	-0.4	0.54	-0.72	-0.76	-0.97	0.07
Inventory	-0.02	-0.51	-0.64	0.15	0.15	-0.54	-0.38	-0.09	-0.4	-0.27	0.42		-0.71	-0.69	-0.09	0.04	0.07	-0.6	-0.98	-0.34	-0.34	0.68	-0.67	-0.64	-0.38	0.21
Other Stockholder Equity	-0.51	0.2	0.57	-0.64	0.31	0.72	0.44	-0.31	0.12	-0.23	-0.41	-0.71		0.66	-0.18	-0.53	-0.54	0.76	0.71	0.69	0.69	-0.66	0.64	0.61	0.35	-0.18
Total Liab	-0.06	0.43	0.93	-0.29	0.04	0.53	0.67	-0.11	0.38	0.21	-0.42	-0.69	0.66		-0.03	-0.09	-0.11	0.44	0.7	0.63	0.63	-0.62	0.56	0.58	0.31	-0.37
Total Current Assets	0.41	0.45	-0.19	0.48	-0.51	-0.25	-0.43	0.9	0.57	0.5	-0.07	-0.09	-0.18	-0.03		0.13	0.13	0.26	0.12	-0.23	-0.23	0.35	-0.22	-0.26	0.2	0.73
Property Plant And Equipment Net	0.95	0.42	-0.06	0.91	-0.45	-0.03	-0.22	0.26	0.22	0.69	-0.33	0.04	-0.53	-0.09	0.13		1.0	-0.49	-0.14	-0.4	-0.4	-0.1	0.25	0.29	0.33	-0.24
Non Current Assets Total	0.94	0.39	-0.08	0.91	-0.42	-0.05	-0.22	0.25	0.2	0.67	-0.33	0.07	-0.54	-0.11	0.13	1.0		-0.49	-0.17	-0.41	-0.41	-0.08	0.23	0.28	0.33	-0.23
Short Term Investments	-0.35	0.04	0.36	-0.4	0.35	0.34	0.31	0.02	0.01	-0.19	-0.42	-0.6	0.76	0.44	0.26	-0.49	-0.49		0.61	0.46	0.46	-0.17	0.31	0.28	0.49	0.38
Other Current Assets	-0.07	0.46	0.66	-0.23	-0.14	0.48	0.42	0.1	0.4	0.2	-0.34	-0.98	0.71	0.7	0.12	-0.14	-0.17	0.61		0.33	0.33	-0.62	0.56	0.54	0.28	-0.18
Short Long Term Debt Total	-0.45	0.08	0.68	-0.55	0.32	0.72	0.64	-0.3	-0.11	-0.13	-0.4	-0.34	0.69	0.63	-0.23	-0.4	-0.41	0.46	0.33		1.0	-0.55	0.53	0.51	0.35	-0.11
Short Term Debt	-0.45	0.08	0.68	-0.55	0.32	0.72	0.64	-0.3	-0.11	-0.13	-0.4	-0.34	0.69	0.63	-0.23	-0.4	-0.41	0.46	0.33	1.0		-0.55	0.53	0.51	0.35	-0.11
Common Stock	0.01	-0.54	-0.6	0.18	0.08	-0.9	-0.34	0.27	-0.27	-0.22	0.54	0.68	-0.66	-0.62	0.35	-0.1	-0.08	-0.17	-0.62	-0.55	-0.55		-0.91	-0.91	-0.41	0.63
Net Tangible Assets	0.18	0.57	0.54	0.01	-0.06	0.92	0.27	-0.18	0.25	0.32	-0.72	-0.67	0.64	0.56	-0.22	0.25	0.23	0.31	0.56	0.53	0.53	-0.91		0.99	0.65	-0.46
Property Plant Equipment	0.21	0.55	0.56	0.03	-0.02	0.9	0.31	-0.24	0.2	0.29	-0.76	-0.64	0.61	0.58	-0.26	0.29	0.28	0.28	0.54	0.51	0.51	-0.91	0.99		0.67	-0.52
Net Invested Capital	0.34	0.36	0.3	0.29	0.08	0.57	0.14	0.09	0.05	0.22	-0.97	-0.38	0.35	0.31	0.2	0.33	0.33	0.49	0.28	0.35	0.35	-0.41	0.65	0.67		0.11
Net Working Capital	-0.04	-0.19	-0.4	0.14	-0.06	-0.39	-0.32	0.61	-0.02	0.01	0.07	0.21	-0.18	-0.37	0.73	-0.24	-0.23	0.38	-0.18	-0.11	-0.11	0.63	-0.46	-0.52	0.11

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Kiplin Metals Account Relationship Matchups

Kiplin Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8M	615.1K	279.3K	126.6K	1.8M	1.0M
Other Current Liab	9K	10K	8K	12.9K	11.7K	11.1K
Total Current Liabilities	390.7K	112.9K	171.9K	13.8K	39.7K	37.7K
Total Stockholder Equity	1.4M	502.2K	107.5K	112.8K	1.7M	1.8M
Net Debt	(8.3K)	(603.5K)	15.9K	(44.5K)	(40.1K)	(42.1K)
Retained Earnings	(20.6M)	(22.4M)	(22.8M)	(23.1M)	(23.8M)	(22.6M)
Accounts Payable	381.7K	102.9K	113.9K	825.0	24.3K	23.1K
Cash	8.3K	603.5K	34.1K	44.5K	510.9K	536.4K
Cash And Short Term Investments	8.3K	603.5K	34.1K	44.5K	51.2K	48.7K
Net Receivables	1.9K	9.8K	7.3K	8.9K	8.0K	12.1K
Common Stock Shares Outstanding	6.7M	32.9M	47.7M	54.0M	13.4M	8.3M
Liabilities And Stockholders Equity	1.8M	615.1K	279.3K	126.6K	145.6K	138.3K
Total Liab	390.7K	112.9K	171.9K	13.8K	39.7K	37.7K
Total Current Assets	10.2K	613.3K	195.3K	53.5K	1.3M	1.3M
Common Stock	20.5M	21.5M	21.5M	21.8M	25.1M	22.5M
Net Tangible Assets	1.5M	1.4M	502.2K	255.7K	230.1K	218.6K
Net Invested Capital	1.4M	502.2K	157.5K	112.8K	1.7M	1.8M
Net Working Capital	(380.5K)	500.4K	23.5K	39.7K	1.2M	1.3M
Capital Stock	20.5M	21.5M	21.5M	21.8M	24.0M	23.8M

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