Kingsmen Sale Purchase Of Stock vs Change To Liabilities 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 Sale Purchase Of Stock and its Change To Liabilities 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.

Sale Purchase Of Stock vs Change To Liabilities

Sale Purchase Of Stock vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kingsmen Resources Sale Purchase Of Stock account and Change To Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Kingsmen Resources' Sale Purchase Of Stock and Change To Liabilities is -0.96. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Liabilities 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' Sale Purchase Of Stock and Change To Liabilities 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 Kingsmen Resources are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Sale Purchase Of Stock i.e., Kingsmen Resources' Sale Purchase Of Stock and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Sale Purchase Of Stock

Change To Liabilities

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
Click cells to compare fundamentals

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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