Kiora Other Stockholder Equity vs Accounts Payable 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 Other Stockholder Equity and its Accounts Payable 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiora Pharmaceuticals Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kiora Pharmaceuticals' Other Stockholder Equity and Accounts Payable is 0.25. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable 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' Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Kiora Pharmaceuticals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Kiora Pharmaceuticals' Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Kiora Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kiora Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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