Kiora Intangible Assets vs Property Plant And Equipment Net Analysis

KPRX Stock  USD 3.31  0.11  3.22%   
Kiora Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Kiora Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kiora Pharmaceuticals is a good investment. Please check the relationship between Kiora Pharmaceuticals Intangible Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kiora Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Kiora Stock please use our How to Invest in Kiora Pharmaceuticals guide.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiora Pharmaceuticals Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kiora Pharmaceuticals' Intangible Assets and Property Plant And Equipment Net is 0.66. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Kiora Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Kiora Pharmaceuticals' Intangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Kiora Pharmaceuticals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Kiora Pharmaceuticals' Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Kiora Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kiora Pharmaceuticals 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 Kiora Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Kiora Stock please use our How to Invest in Kiora Pharmaceuticals guide.At this time, Kiora Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 94.8 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (0.02) in 2024.

Kiora Pharmaceuticals fundamental ratios Correlations

-0.490.850.230.930.73-0.68-0.820.310.670.88-0.50.670.430.59-0.880.760.95-0.870.76-0.480.490.47-0.730.610.65
-0.49-0.540.04-0.55-0.260.690.33-0.03-0.52-0.30.76-0.52-0.23-0.220.51-0.34-0.440.55-0.541.0-0.3-0.290.3-0.13-0.21
0.85-0.540.480.820.52-0.62-0.680.630.590.73-0.510.590.40.56-0.840.560.8-0.770.67-0.530.310.65-0.480.50.47
0.230.040.480.18-0.04-0.32-0.010.560.390.080.220.39-0.15-0.15-0.360.250.1-0.140.350.040.340.880.26-0.18-0.24
0.93-0.550.820.180.56-0.69-0.790.30.690.77-0.60.690.470.51-0.970.680.92-0.990.76-0.550.510.42-0.690.430.56
0.73-0.260.52-0.040.56-0.5-0.670.110.530.6-0.330.530.460.62-0.450.740.7-0.480.61-0.240.170.15-0.710.660.7
-0.680.69-0.62-0.32-0.69-0.50.31-0.15-0.96-0.270.52-0.96-0.14-0.130.71-0.58-0.530.69-0.950.67-0.61-0.450.31-0.03-0.08
-0.820.33-0.68-0.01-0.79-0.670.31-0.11-0.35-0.820.45-0.35-0.77-0.860.68-0.57-0.890.7-0.480.32-0.26-0.340.91-0.7-0.91
0.31-0.030.630.560.30.11-0.15-0.110.150.310.090.150.010.14-0.410.150.25-0.290.18-0.02-0.050.370.110.21-0.01
0.67-0.520.590.390.690.53-0.96-0.350.150.24-0.411.00.210.18-0.710.60.51-0.670.98-0.510.650.49-0.350.030.12
0.88-0.30.730.080.770.6-0.27-0.820.310.24-0.380.240.360.61-0.70.640.9-0.70.35-0.30.260.32-0.70.750.74
-0.50.76-0.510.22-0.6-0.330.520.450.09-0.41-0.38-0.41-0.36-0.340.53-0.33-0.520.62-0.460.76-0.26-0.090.44-0.27-0.38
0.67-0.520.590.390.690.53-0.96-0.350.151.00.24-0.410.210.18-0.710.60.51-0.670.98-0.510.650.49-0.350.030.12
0.43-0.230.4-0.150.470.46-0.14-0.770.010.210.36-0.360.210.87-0.340.060.53-0.410.35-0.22-0.030.09-0.670.610.8
0.59-0.220.56-0.150.510.62-0.13-0.860.140.180.61-0.340.180.87-0.370.210.68-0.430.32-0.2-0.030.09-0.820.780.88
-0.880.51-0.84-0.36-0.97-0.450.710.68-0.41-0.71-0.70.53-0.71-0.34-0.37-0.66-0.860.97-0.770.51-0.55-0.540.55-0.28-0.39
0.76-0.340.560.250.680.74-0.58-0.570.150.60.64-0.330.60.060.21-0.660.69-0.620.61-0.340.440.46-0.550.30.42
0.95-0.440.80.10.920.7-0.53-0.890.250.510.9-0.520.510.530.68-0.860.69-0.880.63-0.430.390.37-0.820.630.73
-0.870.55-0.77-0.14-0.99-0.480.690.7-0.29-0.67-0.70.62-0.67-0.41-0.430.97-0.62-0.88-0.740.55-0.5-0.350.63-0.34-0.47
0.76-0.540.670.350.760.61-0.95-0.480.180.980.35-0.460.980.350.32-0.770.610.63-0.74-0.530.610.48-0.460.160.26
-0.481.0-0.530.04-0.55-0.240.670.32-0.02-0.51-0.30.76-0.51-0.22-0.20.51-0.34-0.430.55-0.53-0.3-0.290.28-0.13-0.21
0.49-0.30.310.340.510.17-0.61-0.26-0.050.650.26-0.260.65-0.03-0.03-0.550.440.39-0.50.61-0.30.37-0.3-0.2-0.02
0.47-0.290.650.880.420.15-0.45-0.340.370.490.32-0.090.490.090.09-0.540.460.37-0.350.48-0.290.37-0.050.020.08
-0.730.3-0.480.26-0.69-0.710.310.910.11-0.35-0.70.44-0.35-0.67-0.820.55-0.55-0.820.63-0.460.28-0.3-0.05-0.59-0.83
0.61-0.130.5-0.180.430.66-0.03-0.70.210.030.75-0.270.030.610.78-0.280.30.63-0.340.16-0.13-0.20.02-0.590.88
0.65-0.210.47-0.240.560.7-0.08-0.91-0.010.120.74-0.380.120.80.88-0.390.420.73-0.470.26-0.21-0.020.08-0.830.88
Click cells to compare fundamentals

Kiora Pharmaceuticals Account Relationship Matchups

Kiora Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1M15.2M18.1M18.7M13.7M11.7M
Short Long Term Debt Total83.9K362.1K209.4K105.8K106.9K101.5K
Other Current Liab1.1M1.3M1.2M2.1M1.3M1.3M
Total Current Liabilities1.4M1.8M1.6M3.3M1.6M3.2M
Total Stockholder Equity6.6M7.0M9.2M11.4M6.1M6.4M
Property Plant And Equipment Net16.8K30.6K283.4K172.2K115.0K76.8K
Net Debt(3.7M)(823.6K)(7.6M)(5.9M)(2.3M)(2.5M)
Retained Earnings(100.2M)(108.3M)(124.7M)(134.5M)(147.0M)(154.3M)
Accounts Payable210.3K434.8K160.6K1.0M206.3K195.9K
Cash3.8M1.2M7.9M6.0M2.5M4.7M
Non Current Assets Total5.8M13.3M9.1M11.0M9.0M6.1M
Non Currrent Assets Other114.4K102.1K88.0K82.3K45.0K42.8K
Cash And Short Term Investments3.8M1.2M7.9M6.0M2.5M4.7M
Net Receivables4.9K91.0K529.6K1.4M2.0M2.2M
Common Stock Shares Outstanding79.5K114.8K241.1K732.3K538.0K564.9K
Liabilities And Stockholders Equity10.1M15.2M18.1M18.7M13.7M11.7M
Non Current Liabilities Total2.1M6.4M7.2M4.0M6.0M10.2M
Other Current Assets542.7K449.6K1.2M343.1K233.4K416.6K
Other Stockholder Equity106.7M116.8M135.4M146.0M153.2M93.4M
Total Liab3.5M8.2M8.8M7.3M7.6M12.5M
Total Current Assets4.3M1.8M9.0M7.7M4.7M5.6M
Accumulated Other Comprehensive Income139.5K(802.0)(86.4K)(182.7K)(182.8K)(173.7K)
Short Term Debt83.9K260.6K237.7K211.6K94.1K89.4K
Common Stock40.8K55.6K126.6K18.0K77.1K101.9K
Intangible Assets4.1M9.7M8.7M10.7M8.8M7.9M
Other Liab1.5M2.1M6.1M7.1M8.2M8.6M
Net Tangible Assets7.2M4.9M3.3M9.1M10.4M10.9M
Capital Lease Obligations83.9K83.9K209.4K105.8K106.9K96.0K
Net Invested Capital6.6M7.3M9.2M11.4M6.1M7.5M
Non Current Liabilities Other1.7M5.3M6.5M3.3M5.1M3.8M
Net Working Capital2.9M37.8K7.4M4.4M3.1M2.5M
Property Plant Equipment43.5K16.8K30.6K283.4K325.9K342.2K
Capital Stock40.8K55.6K126.6K18.0K77.1K100.8K

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