Kingsmen Common Stock Shares Outstanding vs Other Assets Analysis

KNG Stock  CAD 1.10  0.01  0.90%   
Kingsmen Resources financial indicator trend analysis is infinitely more than just investigating Kingsmen Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsmen Resources is a good investment. Please check the relationship between Kingsmen Resources Common Stock Shares Outstanding and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsmen 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 producer price index.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsmen Resources Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kingsmen Resources' Common Stock Shares Outstanding and Other Assets is 0.37. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Kingsmen Resources, assuming nothing else is changed. The correlation between historical values of Kingsmen Resources' Common Stock Shares Outstanding and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Kingsmen Resources are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Kingsmen Resources' Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from Kingsmen Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsmen 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 Kingsmen 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 producer price index.
Selling General Administrative is likely to climb to about 698 K in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 516.1 K in 2025.
 2022 2023 2024 2025 (projected)
Interest Income21.4K57.3K38.3K20.2K
Net Interest Income21.4K57.3K38.3K20.2K

Kingsmen Resources fundamental ratios Correlations

0.161.00.970.19-0.120.580.310.080.160.570.010.930.13-0.050.110.80.04-0.01-0.24-0.09-0.16-0.060.04
0.160.14-0.030.860.10.52-0.01-0.21.00.540.1-0.140.320.85-0.03-0.090.94-0.760.230.670.56-0.870.94
1.00.140.970.18-0.120.570.310.090.140.560.010.940.12-0.060.110.810.020.0-0.25-0.11-0.17-0.050.02
0.97-0.030.970.02-0.10.420.360.04-0.030.41-0.080.98-0.05-0.230.010.86-0.160.11-0.33-0.3-0.330.14-0.16
0.190.860.180.020.320.520.27-0.430.860.56-0.18-0.090.080.78-0.260.10.82-0.620.180.530.41-0.870.82
-0.120.1-0.12-0.10.320.040.85-0.890.10.1-0.89-0.13-0.720.05-0.850.38-0.140.11-0.26-0.22-0.240.12-0.14
0.580.520.570.420.520.040.2-0.040.521.00.120.260.30.430.110.280.46-0.260.380.580.54-0.440.46
0.31-0.010.310.360.270.850.2-0.85-0.010.25-0.910.32-0.74-0.08-0.830.77-0.270.18-0.38-0.39-0.410.23-0.27
0.08-0.20.090.04-0.43-0.89-0.04-0.85-0.2-0.10.930.110.78-0.210.96-0.40.010.130.180.210.22-0.010.01
0.161.00.14-0.030.860.10.52-0.01-0.20.540.1-0.140.320.85-0.03-0.090.94-0.760.230.670.56-0.870.94
0.570.540.560.410.560.11.00.25-0.10.540.070.250.270.460.060.30.47-0.270.360.580.53-0.450.47
0.010.10.01-0.08-0.18-0.890.12-0.910.930.10.07-0.070.90.140.95-0.550.33-0.180.450.520.53-0.290.33
0.93-0.140.940.98-0.09-0.130.260.320.11-0.140.25-0.07-0.03-0.330.060.85-0.260.18-0.45-0.42-0.450.22-0.26
0.130.320.12-0.050.08-0.720.3-0.740.780.320.270.9-0.030.40.91-0.430.51-0.380.370.60.55-0.460.51
-0.050.85-0.06-0.230.780.050.43-0.08-0.210.850.460.14-0.330.40.0-0.270.91-0.90.50.730.68-0.830.91
0.11-0.030.110.01-0.26-0.850.11-0.830.96-0.030.060.950.060.910.0-0.410.18-0.010.250.380.36-0.160.18
0.8-0.090.810.860.10.380.280.77-0.4-0.090.3-0.550.85-0.43-0.27-0.41-0.310.22-0.52-0.49-0.540.27-0.31
0.040.940.02-0.160.82-0.140.46-0.270.010.940.470.33-0.260.510.910.18-0.31-0.820.430.790.7-0.961.0
-0.01-0.760.00.11-0.620.11-0.260.180.13-0.76-0.27-0.180.18-0.38-0.9-0.010.22-0.82-0.36-0.5-0.480.72-0.82
-0.240.23-0.25-0.330.18-0.260.38-0.380.180.230.360.45-0.450.370.50.25-0.520.43-0.360.790.89-0.40.43
-0.090.67-0.11-0.30.53-0.220.58-0.390.210.670.580.52-0.420.60.730.38-0.490.79-0.50.790.98-0.740.79
-0.160.56-0.17-0.330.41-0.240.54-0.410.220.560.530.53-0.450.550.680.36-0.540.7-0.480.890.98-0.630.7
-0.06-0.87-0.050.14-0.870.12-0.440.23-0.01-0.87-0.45-0.290.22-0.46-0.83-0.160.27-0.960.72-0.4-0.74-0.63-0.96
0.040.940.02-0.160.82-0.140.46-0.270.010.940.470.33-0.260.510.910.18-0.311.0-0.820.430.790.7-0.96
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Kingsmen Resources Account Relationship Matchups

Kingsmen Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets818.0K908.8K940.6K1.3M1.8M1.1M
Total Current Liabilities13.9K7.7K50.2K63.1K80.1K84.1K
Total Stockholder Equity804.1K901.1K890.4K1.2M1.7M1.0M
Net Tangible Assets564.5K715.7K804.1K901.1K811.0K929.0K
Retained Earnings(20.0M)(20.2M)(20.2M)(2.5M)(3.3M)(3.5M)
Accounts Payable13.1K2.4K3.4K6.0K5.4K5.2K
Cash806.4K891.8K800.6K908.9K1.3M761.7K
Total Liab13.9K7.7K50.2K63.1K80.1K84.1K
Total Current Assets818.0K908.8K816.7K940.7K1.3M792.2K
Net Invested Capital804.1K901.1K890.4K1.2M1.7M966.6K
Net Working Capital804.1K901.1K766.5K877.6K1.3M842.5K

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