Kits Sale Purchase Of Stock vs Other Non Cash Items Analysis
KITS Stock | CAD 8.85 0.15 1.67% |
Kits Eyecare financial indicator trend analysis is infinitely more than just investigating Kits Eyecare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kits Eyecare is a good investment. Please check the relationship between Kits Eyecare Sale Purchase Of Stock and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kits Eyecare. 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.
Sale Purchase Of Stock vs Other Non Cash Items
Sale Purchase Of Stock vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kits Eyecare Sale Purchase Of Stock account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kits Eyecare's Sale Purchase Of Stock and Other Non Cash Items is -0.11. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Kits Eyecare, assuming nothing else is changed. The correlation between historical values of Kits Eyecare's Sale Purchase Of Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Kits Eyecare are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Sale Purchase Of Stock i.e., Kits Eyecare's Sale Purchase Of Stock and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Other Non Cash Items
Most indicators from Kits Eyecare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kits Eyecare 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 Kits Eyecare. 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, Kits Eyecare's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, though Tax Provision is likely to grow to (642.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5M | 1.6M | 1.6M | 1.6M | Interest Income | 67K | 1.5M | 585K | 352.2K |
Kits Eyecare fundamental ratios Correlations
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Kits Eyecare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kits Eyecare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 53.4M | 54.7M | 90.9M | 93.9M | 87.6M | 61.7M | |
Total Current Liabilities | 30.6M | 34.6M | 16.8M | 24.4M | 24.5M | 22.1M | |
Total Stockholder Equity | 6.2M | (573K) | 54.8M | 53.7M | 51.4M | 26.4M | |
Retained Earnings | 53K | (6.5M) | (21.1M) | (25.7M) | (27.9M) | (26.5M) | |
Cash | 3.4M | 2.3M | 20.5M | 18.8M | 16.0M | 10.5M | |
Other Assets | 5K | 210K | 3.6M | 5.1M | 5.9M | 6.2M | |
Cash And Short Term Investments | 3.4M | 2.3M | 20.5M | 18.8M | 16.0M | 10.5M | |
Net Receivables | 845K | 1.1M | 861K | 917K | 1.8M | 980.3K | |
Long Term Debt Total | 14.7M | 19.1M | 19.3M | 15.7M | 18.1M | 12.6M | |
Liabilities And Stockholders Equity | 53.4M | 54.7M | 90.9M | 93.9M | 87.6M | 61.7M | |
Inventory | 2.8M | 5.8M | 13.5M | 16.4M | 15.4M | 8.8M | |
Other Stockholder Equity | (3.4M) | (6.9M) | 1.9M | 2.9M | 3.0M | 3.2M | |
Total Liab | 47.2M | 55.2M | 36.2M | 40.2M | 36.2M | 35.3M | |
Total Current Assets | 7.2M | 10.3M | 35.7M | 37.0M | 34.0M | 21.4M | |
Cash And Equivalents | 3.4M | 2.3M | 20.5M | 18.8M | 21.6M | 22.7M | |
Short Term Debt | 23.3M | 21.5M | 3.6M | 3.7M | 3.7M | 6.4M | |
Property Plant Equipment | 1.1M | 1.6M | 10.9M | 10.0M | 11.5M | 12.1M | |
Accounts Payable | 5.0M | 9.6M | 8.4M | 14.5M | 12.9M | 9.2M | |
Non Current Assets Total | 46.2M | 44.3M | 55.2M | 56.9M | 53.7M | 47.0M | |
Good Will | 37.2M | 36.4M | 36.3M | 38.8M | 37.9M | 34.2M | |
Non Current Liabilities Total | 16.6M | 20.7M | 19.3M | 15.7M | 11.7M | 15.4M | |
Capital Lease Obligations | 675K | 1.0M | 6.9M | 6.3M | 5.7M | 3.8M | |
Net Invested Capital | 29.4M | 20.7M | 70.9M | 66.9M | 61.2M | 45.7M | |
Net Working Capital | (23.4M) | (24.3M) | 18.9M | 12.6M | 9.5M | 9.9M |
Other Information on Investing in Kits Stock
Balance Sheet is a snapshot of the financial position of Kits Eyecare at a specified time, usually calculated after every quarter, six months, or one year. Kits Eyecare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kits Eyecare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kits currently owns. An asset can also be divided into two categories, current and non-current.