Kiplin Retained Earnings vs Net Working Capital Analysis
KIP Stock | 0.26 0.02 8.33% |
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 Retained Earnings and its Net Working Capital 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.
Retained Earnings vs Net Working Capital
Retained Earnings vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiplin Metals Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kiplin Metals' Retained Earnings and Net Working Capital is -0.39. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Kiplin Metals are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Kiplin Metals' Retained Earnings and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Working Capital
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
Click cells to compare fundamentals
Kiplin Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Kiplin Stock Analysis
When running Kiplin Metals' price analysis, check to measure Kiplin Metals' 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 Kiplin Metals is operating at the current time. Most of Kiplin Metals' value examination focuses on studying past and present price action to predict the probability of Kiplin Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kiplin Metals' price. Additionally, you may evaluate how the addition of Kiplin Metals to your portfolios can decrease your overall portfolio volatility.