Kore Retained Earnings vs Net Receivables 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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kore Mining Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Kore Mining's Retained Earnings and Net Receivables is -0.38. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables 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 Kore Mining are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Kore Mining's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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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 Receivables

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 Depreciation	126.0K	192.2K	105.0K	122.0K
Cost Of Revenue	126.0K	192.2K	105.0K	122.0K

Reconciled Depreciation Cost Of Revenue

Kore Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Common Stock	Net Tangible Assets	Other Assets	Long Term Investments	Net Invested Capital	Net Working Capital	Property Plant Equipment
Total Assets		0.78	0.99	0.85	-0.93	-0.54	0.77	0.94	0.84	0.6	0.96	0.7	0.65	-0.25	0.78	0.96	0.32	0.82	0.32	0.77	0.95	0.29	0.05	0.96	0.88	0.82
Total Current Liabilities	0.78		0.69	0.85	-0.57	-0.48	0.97	0.59	0.81	0.43	0.62	0.47	0.67	-0.3	1.0	0.64	0.18	0.67	0.18	0.64	0.71	0.2	-0.02	0.62	0.47	0.82
Total Stockholder Equity	0.99	0.69		0.81	-0.95	-0.53	0.69	0.96	0.8	0.6	0.97	0.71	0.61	-0.23	0.69	0.97	0.34	0.81	0.34	0.76	0.94	0.29	0.06	0.98	0.92	0.78
Property Plant And Equipment Net	0.85	0.85	0.81		-0.62	-0.8	0.82	0.66	0.98	0.72	0.73	0.56	0.9	-0.33	0.85	0.68	0.23	0.88	0.23	0.86	0.9	0.58	-0.35	0.73	0.53	0.97
Net Debt	-0.93	-0.57	-0.95	-0.62		0.27	-0.59	-1.0	-0.58	-0.39	-0.97	-0.62	-0.39	0.2	-0.57	-0.99	-0.41	-0.69	-0.41	-0.57	-0.84	-0.05	-0.26	-0.97	-0.99	-0.59
Retained Earnings	-0.54	-0.48	-0.53	-0.8	0.27		-0.41	-0.33	-0.82	-0.85	-0.45	-0.38	-0.89	0.15	-0.48	-0.34	-0.13	-0.81	-0.13	-0.89	-0.71	-0.93	0.61	-0.47	-0.23	-0.86
Accounts Payable	0.77	0.97	0.69	0.82	-0.59	-0.41		0.6	0.78	0.38	0.62	0.51	0.63	-0.34	0.97	0.66	0.2	0.62	0.2	0.58	0.69	0.11	0.02	0.61	0.48	0.78
Cash	0.94	0.59	0.96	0.66	-1.0	-0.33	0.6		0.62	0.44	0.99	0.62	0.44	-0.21	0.59	1.0	0.43	0.73	0.43	0.62	0.88	0.11	0.2	0.98	0.98	0.64
Non Current Assets Total	0.84	0.81	0.8	0.98	-0.58	-0.82	0.78	0.62		0.74	0.7	0.59	0.88	-0.25	0.81	0.65	0.12	0.84	0.12	0.85	0.87	0.6	-0.36	0.71	0.5	0.95
Non Currrent Assets Other	0.6	0.43	0.6	0.72	-0.39	-0.85	0.38	0.44	0.74		0.5	0.63	0.73	-0.14	0.43	0.45	0.37	0.67	0.37	0.82	0.68	0.83	-0.27	0.56	0.39	0.73
Cash And Short Term Investments	0.96	0.62	0.97	0.73	-0.97	-0.45	0.62	0.99	0.7	0.5		0.59	0.57	-0.23	0.62	0.98	0.42	0.81	0.42	0.7	0.94	0.24	0.05	0.99	0.95	0.72
Net Receivables	0.7	0.47	0.71	0.56	-0.62	-0.38	0.51	0.62	0.59	0.63	0.59		0.43	-0.17	0.47	0.66	0.15	0.44	0.15	0.53	0.6	0.23	0.24	0.63	0.63	0.45
Common Stock Shares Outstanding	0.65	0.67	0.61	0.9	-0.39	-0.89	0.63	0.44	0.88	0.73	0.57	0.43		-0.29	0.67	0.46	0.28	0.83	0.28	0.82	0.81	0.77	-0.64	0.54	0.32	0.9
Other Stockholder Equity	-0.25	-0.3	-0.23	-0.33	0.2	0.15	-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	-0.05	0.09	-0.2	-0.15	-0.27
Total Liab	0.78	1.0	0.69	0.85	-0.57	-0.48	0.97	0.59	0.81	0.43	0.62	0.47	0.67	-0.3		0.64	0.18	0.67	0.18	0.65	0.71	0.2	-0.02	0.62	0.47	0.82
Total Current Assets	0.96	0.64	0.97	0.68	-0.99	-0.34	0.66	1.0	0.65	0.45	0.98	0.66	0.46	-0.22	0.64		0.41	0.73	0.41	0.62	0.88	0.1	0.22	0.98	0.97	0.65
Short Long Term Debt Total	0.32	0.18	0.34	0.23	-0.41	-0.13	0.2	0.43	0.12	0.37	0.42	0.15	0.28	-0.26	0.18	0.41		0.28	1.0	0.19	0.39	0.2	-0.02	0.41	0.41	0.23
Other Current Liab	0.82	0.67	0.81	0.88	-0.69	-0.81	0.62	0.73	0.84	0.67	0.81	0.44	0.83	-0.24	0.67	0.73	0.28		0.28	0.88	0.94	0.61	-0.37	0.82	0.65	0.92
Short Term Debt	0.32	0.18	0.34	0.23	-0.41	-0.13	0.2	0.43	0.12	0.37	0.42	0.15	0.28	-0.26	0.18	0.41	1.0	0.28		0.19	0.39	0.2	-0.02	0.41	0.41	0.23
Common Stock	0.77	0.64	0.76	0.86	-0.57	-0.89	0.58	0.62	0.85	0.82	0.7	0.53	0.82	-0.2	0.65	0.62	0.19	0.88	0.19		0.85	0.73	-0.26	0.72	0.53	0.92
Net Tangible Assets	0.95	0.71	0.94	0.9	-0.84	-0.71	0.69	0.88	0.87	0.68	0.94	0.6	0.81	-0.27	0.71	0.88	0.39	0.94	0.39	0.85		0.5	-0.23	0.93	0.8	0.89
Other Assets	0.29	0.2	0.29	0.58	-0.05	-0.93	0.11	0.11	0.6	0.83	0.24	0.23	0.77	-0.05	0.2	0.1	0.2	0.61	0.2	0.73	0.5		-0.69	0.26	0.03	0.64
Long Term Investments	0.05	-0.02	0.06	-0.35	-0.26	0.61	0.02	0.2	-0.36	-0.27	0.05	0.24	-0.64	0.09	-0.02	0.22	-0.02	-0.37	-0.02	-0.26	-0.23	-0.69		0.11	0.3	-0.37
Net Invested Capital	0.96	0.62	0.98	0.73	-0.97	-0.47	0.61	0.98	0.71	0.56	0.99	0.63	0.54	-0.2	0.62	0.98	0.41	0.82	0.41	0.72	0.93	0.26	0.11		0.96	0.73
Net Working Capital	0.88	0.47	0.92	0.53	-0.99	-0.23	0.48	0.98	0.5	0.39	0.95	0.63	0.32	-0.15	0.47	0.97	0.41	0.65	0.41	0.53	0.8	0.03	0.3	0.96		0.51
Property Plant Equipment	0.82	0.82	0.78	0.97	-0.59	-0.86	0.78	0.64	0.95	0.73	0.72	0.45	0.9	-0.27	0.82	0.65	0.23	0.92	0.23	0.92	0.89	0.64	-0.37	0.73	0.51

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Kore Mining Account Relationship Matchups

Kore Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9M	8.4M	6.2M	3.3M	2.1M	1.7M
Total Current Liabilities	707.4K	1.4M	961.4K	751.2K	841.4K	458.0K
Total Stockholder Equity	4.2M	6.9M	5.3M	2.6M	1.3M	1.2M
Property Plant And Equipment Net	1.4M	3.0M	2.1M	2.0M	1.9M	2.0M
Net Debt	(3.1M)	(4.8M)	(3.4M)	(665.0K)	275.4K	289.1K
Retained Earnings	(8.3M)	(17.5M)	(17.2M)	(21.4M)	(23.0M)	(21.9M)
Accounts Payable	707.4K	1.3M	745.7K	672.9K	527.0K	308.4K
Cash	3.1M	4.9M	3.6M	743.3K	22.2K	21.1K
Non Current Assets Total	1.4M	3.1M	2.3M	2.3M	2.1M	2.2M
Non Currrent Assets Other	38.8K	110.5K	231.0K	239.3K	122.2K	128.3K
Cash And Short Term Investments	3.1M	4.9M	3.6M	743.3K	854.8K	706.2K
Net Receivables	208.4K	94.1K	187.0K	227.8K	16.1K	15.3K
Common Stock Shares Outstanding	117.1M	144.4M	163.2M	126.2M	201.8M	211.9M
Liabilities And Stockholders Equity	4.9M	8.4M	6.2M	3.3M	3.8M	4.0M
Total Liab	707.4K	1.4M	961.4K	751.2K	841.4K	461.4K
Total Current Assets	3.5M	5.3M	3.9M	1.1M	52.1K	49.5K
Other Current Liab	707.4K	1.3M	745.7K	672.9K	773.8K	812.5K
Accumulated Other Comprehensive Income	831.6K	1.2M	2.4M	3.1M	3.6M	3.8M
Common Stock	11.1M	22.2M	18.7M	19.4M	22.3M	11.3M
Net Tangible Assets	4.2M	6.9M	5.3M	2.6M	3.0M	3.2M
Other Assets	38.8K	110.5K	231.0K	239.3K	275.2K	289.0K
Other Current Assets	119.0K	272.1K	125.8K	92.4K	83.2K	138.3K
Net Invested Capital	4.2M	6.9M	5.3M	2.6M	1.6M	1.5M
Net Working Capital	2.8M	3.8M	2.9M	312.4K	(789.3K)	(749.8K)
Property Plant Equipment	1.4M	3.0M	2.1M	2.0M	2.3M	2.0M
Capital Stock	11.1M	22.2M	18.7M	19.4M	22.3M	17.8M

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