Kiora Total Stockholder Equity vs Long Term Debt Analysis

KPRX Stock  USD 3.37  0.06  1.81%   
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 Total Stockholder Equity and its Long Term Debt 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.

Total Stockholder Equity vs Long Term Debt

Total Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiora Pharmaceuticals Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kiora Pharmaceuticals' Total Stockholder Equity and Long Term Debt is -0.26. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt 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' Total Stockholder Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Kiora Pharmaceuticals are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Kiora Pharmaceuticals' Total Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Kiora Pharmaceuticals has held for over one year. Long-term debt appears on Kiora Pharmaceuticals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kiora Pharmaceuticals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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