Kore Non Current Assets Total vs Selling General Administrative Analysis

KORE Stock  CAD 0.03  0.01  25.00%   
Kore Mining financial indicator trend analysis is infinitely more than just investigating Kore Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kore Mining is a good investment. Please check the relationship between Kore Mining Non Current Assets Total and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kore Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Assets Total vs Selling General Administrative

Non Current Assets Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kore Mining Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kore Mining's Non Current Assets Total and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Kore Mining, assuming nothing else is changed. The correlation between historical values of Kore Mining's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kore Mining are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Kore Mining's Non Current Assets Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Selling General Administrative

Most indicators from Kore Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kore Mining 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 Kore Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Kore Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 19.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation126.0K192.2K105.0K122.0K
Cost Of Revenue126.0K192.2K105.0K122.0K

Kore Mining fundamental ratios Correlations

0.780.990.85-0.93-0.540.770.940.840.60.960.70.65-0.250.780.960.320.820.320.770.950.290.050.960.880.82
0.780.690.85-0.57-0.480.970.590.810.430.620.470.67-0.31.00.640.180.670.180.640.710.2-0.020.620.470.82
0.990.690.81-0.95-0.530.690.960.80.60.970.710.61-0.230.690.970.340.810.340.760.940.290.060.980.920.78
0.850.850.81-0.62-0.80.820.660.980.720.730.560.9-0.330.850.680.230.880.230.860.90.58-0.350.730.530.97
-0.93-0.57-0.95-0.620.27-0.59-1.0-0.58-0.39-0.97-0.62-0.390.2-0.57-0.99-0.41-0.69-0.41-0.57-0.84-0.05-0.26-0.97-0.99-0.59
-0.54-0.48-0.53-0.80.27-0.41-0.33-0.82-0.85-0.45-0.38-0.890.15-0.48-0.34-0.13-0.81-0.13-0.89-0.71-0.930.61-0.47-0.23-0.86
0.770.970.690.82-0.59-0.410.60.780.380.620.510.63-0.340.970.660.20.620.20.580.690.110.020.610.480.78
0.940.590.960.66-1.0-0.330.60.620.440.990.620.44-0.210.591.00.430.730.430.620.880.110.20.980.980.64
0.840.810.80.98-0.58-0.820.780.620.740.70.590.88-0.250.810.650.120.840.120.850.870.6-0.360.710.50.95
0.60.430.60.72-0.39-0.850.380.440.740.50.630.73-0.140.430.450.370.670.370.820.680.83-0.270.560.390.73
0.960.620.970.73-0.97-0.450.620.990.70.50.590.57-0.230.620.980.420.810.420.70.940.240.050.990.950.72
0.70.470.710.56-0.62-0.380.510.620.590.630.590.43-0.170.470.660.150.440.150.530.60.230.240.630.630.45
0.650.670.610.9-0.39-0.890.630.440.880.730.570.43-0.290.670.460.280.830.280.820.810.77-0.640.540.320.9
-0.25-0.3-0.23-0.330.20.15-0.34-0.21-0.25-0.14-0.23-0.17-0.29-0.3-0.22-0.26-0.24-0.26-0.2-0.27-0.050.09-0.2-0.15-0.27
0.781.00.690.85-0.57-0.480.970.590.810.430.620.470.67-0.30.640.180.670.180.650.710.2-0.020.620.470.82
0.960.640.970.68-0.99-0.340.661.00.650.450.980.660.46-0.220.640.410.730.410.620.880.10.220.980.970.65
0.320.180.340.23-0.41-0.130.20.430.120.370.420.150.28-0.260.180.410.281.00.190.390.2-0.020.410.410.23
0.820.670.810.88-0.69-0.810.620.730.840.670.810.440.83-0.240.670.730.280.280.880.940.61-0.370.820.650.92
0.320.180.340.23-0.41-0.130.20.430.120.370.420.150.28-0.260.180.411.00.280.190.390.2-0.020.410.410.23
0.770.640.760.86-0.57-0.890.580.620.850.820.70.530.82-0.20.650.620.190.880.190.850.73-0.260.720.530.92
0.950.710.940.9-0.84-0.710.690.880.870.680.940.60.81-0.270.710.880.390.940.390.850.5-0.230.930.80.89
0.290.20.290.58-0.05-0.930.110.110.60.830.240.230.77-0.050.20.10.20.610.20.730.5-0.690.260.030.64
0.05-0.020.06-0.35-0.260.610.020.2-0.36-0.270.050.24-0.640.09-0.020.22-0.02-0.37-0.02-0.26-0.23-0.690.110.3-0.37
0.960.620.980.73-0.97-0.470.610.980.710.560.990.630.54-0.20.620.980.410.820.410.720.930.260.110.960.73
0.880.470.920.53-0.99-0.230.480.980.50.390.950.630.32-0.150.470.970.410.650.410.530.80.030.30.960.51
0.820.820.780.97-0.59-0.860.780.640.950.730.720.450.9-0.270.820.650.230.920.230.920.890.64-0.370.730.51
Click cells to compare fundamentals

Kore Mining Account Relationship Matchups

Kore Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9M8.4M6.2M3.3M2.1M1.7M
Total Current Liabilities707.4K1.4M961.4K751.2K841.4K458.0K
Total Stockholder Equity4.2M6.9M5.3M2.6M1.3M1.2M
Property Plant And Equipment Net1.4M3.0M2.1M2.0M1.9M2.0M
Net Debt(3.1M)(4.8M)(3.4M)(665.0K)275.4K289.1K
Retained Earnings(8.3M)(17.5M)(17.2M)(21.4M)(23.0M)(21.9M)
Accounts Payable707.4K1.3M745.7K672.9K527.0K308.4K
Cash3.1M4.9M3.6M743.3K22.2K21.1K
Non Current Assets Total1.4M3.1M2.3M2.3M2.1M2.2M
Non Currrent Assets Other38.8K110.5K231.0K239.3K122.2K128.3K
Cash And Short Term Investments3.1M4.9M3.6M743.3K854.8K706.2K
Net Receivables208.4K94.1K187.0K227.8K16.1K15.3K
Common Stock Shares Outstanding117.1M144.4M163.2M126.2M201.8M211.9M
Liabilities And Stockholders Equity4.9M8.4M6.2M3.3M3.8M4.0M
Total Liab707.4K1.4M961.4K751.2K841.4K461.4K
Total Current Assets3.5M5.3M3.9M1.1M52.1K49.5K
Other Current Liab707.4K1.3M745.7K672.9K773.8K812.5K
Accumulated Other Comprehensive Income831.6K1.2M2.4M3.1M3.6M3.8M
Common Stock11.1M22.2M18.7M19.4M22.3M11.3M
Net Tangible Assets4.2M6.9M5.3M2.6M3.0M3.2M
Other Assets38.8K110.5K231.0K239.3K275.2K289.0K
Other Current Assets119.0K272.1K125.8K92.4K83.2K138.3K
Net Invested Capital4.2M6.9M5.3M2.6M1.6M1.5M
Net Working Capital2.8M3.8M2.9M312.4K(789.3K)(749.8K)
Property Plant Equipment1.4M3.0M2.1M2.0M2.3M2.0M
Capital Stock11.1M22.2M18.7M19.4M22.3M17.8M

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Additional Tools for Kore Stock Analysis

When running Kore Mining's price analysis, check to measure Kore Mining's 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 Kore Mining is operating at the current time. Most of Kore Mining's value examination focuses on studying past and present price action to predict the probability of Kore Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kore Mining's price. Additionally, you may evaluate how the addition of Kore Mining to your portfolios can decrease your overall portfolio volatility.