36Kr Net Receivables vs Property Plant Equipment Analysis
KRKR Stock | USD 3.16 0.06 1.94% |
36Kr Holdings financial indicator trend analysis is way more than just evaluating 36Kr Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 36Kr Holdings is a good investment. Please check the relationship between 36Kr Holdings Net Receivables and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 36Kr Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in 36Kr Stock, please use our How to Invest in 36Kr Holdings guide.
Net Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 36Kr Holdings Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between 36Kr Holdings' Net Receivables and Property Plant Equipment is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of 36Kr Holdings, assuming nothing else is changed. The correlation between historical values of 36Kr Holdings' Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of 36Kr Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., 36Kr Holdings' Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Property Plant Equipment
Most indicators from 36Kr Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 36Kr Holdings 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 36Kr Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in 36Kr Stock, please use our How to Invest in 36Kr Holdings guide.As of 11/22/2024, Tax Provision is likely to grow to about (39.9 K). In addition to that, Selling General Administrative is likely to drop to about 98.6 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 187.9M | 184.6M | 182.0M | 184.5M | Total Revenue | 316.8M | 322.5M | 340.2M | 383.7M |
36Kr Holdings fundamental ratios Correlations
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36Kr Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
36Kr Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 910.8M | 578.5M | 501.7M | 571.4M | 459.0M | 574.9M | |
Short Long Term Debt Total | 0.0 | 27.6M | 21.9M | 56.3M | 45.7M | 28.0M | |
Other Current Liab | 119.4M | 59.7M | 74.6M | 80.1M | 61.5M | 72.3M | |
Total Current Liabilities | 266.9M | 177.1M | 193.9M | 210.3M | 170.1M | 180.4M | |
Total Stockholder Equity | 637.2M | 380.8M | 299.4M | 338.1M | 252.0M | 158.7M | |
Net Tangible Assets | (485.9M) | 636.9M | 380.4M | 298.6M | 343.4M | 360.6M | |
Property Plant And Equipment Net | 16.0M | 31.3M | 17.0M | 33.3M | 41.8M | 24.4M | |
Current Deferred Revenue | 8.2M | 18.8M | 28.9M | 24.6M | 23.4M | 17.5M | |
Net Debt | (177.4M) | (33.3M) | (75.1M) | (86.2M) | 4.3M | 4.5M | |
Retained Earnings | (1.4B) | (1.6B) | (1.7B) | (1.7B) | (1.8B) | (1.9B) | |
Accounts Payable | 139.3M | 64.6M | 56.3M | 53.5M | 60.4M | 63.6M | |
Cash | 177.4M | 60.8M | 97.0M | 142.5M | 41.5M | 39.4M | |
Non Current Assets Total | 61.6M | 48.1M | 59.2M | 171.9M | 186.5M | 195.8M | |
Non Currrent Assets Other | 356K | 16.3M | 41.4M | (171.9M) | (154.8M) | (147.0M) | |
Cash And Short Term Investments | 263.7M | 209.2M | 216.1M | 184.8M | 117.0M | 152.4M | |
Net Receivables | 543.2M | 304.9M | 183.8M | 198.4M | 139.5M | 186.1M | |
Common Stock Shares Outstanding | 14.7M | 40.8M | 41.0M | 41.8M | 41.7M | 40.1M | |
Short Term Investments | 86.4M | 148.3M | 119.1M | 42.3M | 75.5M | 82.2M | |
Liabilities And Stockholders Equity | 910.8M | 578.5M | 501.7M | 571.4M | 459.0M | 574.9M | |
Non Current Liabilities Total | 147.5M | 12.4M | 586K | 15.7M | 27M | 25.7M | |
Inventory | 40.7M | 15.4M | 39.5M | 100K | 14.3M | 19.7M | |
Other Current Assets | 1.6M | 16.3M | 42.6M | 16.3M | 16.0M | 14.9M | |
Other Stockholder Equity | 2.0B | 2.0B | 2.0B | 2.0B | 2.1B | 1.6B | |
Total Liab | 266.9M | 189.6M | 194.5M | 226.0M | 197.1M | 298.1M | |
Net Invested Capital | 637.2M | 380.8M | 304.4M | 348.1M | 261.9M | 162.7M | |
Long Term Investments | 41.9M | 16.3M | 41.4M | 137.4M | 142.6M | 149.7M | |
Property Plant And Equipment Gross | 16.0M | 31.3M | 17.0M | 33.3M | 54.2M | 56.9M | |
Total Current Assets | 849.2M | 530.5M | 442.5M | 399.4M | 272.5M | 355.6M | |
Accumulated Other Comprehensive Income | (3.1M) | (7.9M) | (9.0M) | (5.9M) | (5.3M) | (5.6M) | |
Net Working Capital | 582.4M | 353.3M | 248.6M | 189.1M | 102.4M | 97.2M | |
Short Term Debt | 0.0 | 15.1M | 21.3M | 41.2M | 18.9M | 19.3M | |
Intangible Assets | 356K | 471K | 808K | 1.2M | 2.1M | 2.2M | |
Property Plant Equipment | 15.5M | 16.0M | 31.3M | 17.0M | 19.5M | 17.7M |
Pair Trading with 36Kr Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 36Kr Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 36Kr Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with 36Kr Stock
Moving against 36Kr Stock
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The ability to find closely correlated positions to 36Kr Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 36Kr Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 36Kr Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 36Kr Holdings to buy it.
The correlation of 36Kr Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 36Kr Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 36Kr Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 36Kr Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 36Kr Stock Analysis
When running 36Kr Holdings' price analysis, check to measure 36Kr Holdings' 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 36Kr Holdings is operating at the current time. Most of 36Kr Holdings' value examination focuses on studying past and present price action to predict the probability of 36Kr Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 36Kr Holdings' price. Additionally, you may evaluate how the addition of 36Kr Holdings to your portfolios can decrease your overall portfolio volatility.