KRUS Stock | | | USD 105.38 0.90 0.85% |
Kura Sushi financial indicator trend analysis is infinitely more than just investigating Kura Sushi USA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kura Sushi USA is a good investment. Please check the relationship between Kura Sushi Common Stock Total Equity and its Capital Lease Obligations accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Sushi USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Common Stock Total Equity vs Capital Lease Obligations
Common Stock Total Equity vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kura Sushi USA Common Stock Total Equity account and
Capital Lease Obligations. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kura Sushi's Common Stock Total Equity and Capital Lease Obligations is 0.87. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Kura Sushi USA, assuming nothing else is changed. The correlation between historical values of Kura Sushi's Common Stock Total Equity and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Kura Sushi USA are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock Total Equity i.e., Kura Sushi's Common Stock Total Equity and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Capital Lease Obligations
Kura Sushi USA capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Kura Sushi asset purchases. For example, Kura Sushi can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Kura Sushi control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Kura Sushi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kura Sushi USA 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 Kura Sushi USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Kura Sushi's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 41
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
Kura Sushi fundamental ratios Correlations
Click cells to compare fundamentals
Kura Sushi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kura Sushi fundamental ratios Accounts
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Additional Tools for Kura Stock Analysis
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measure Kura Sushi's 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 Kura Sushi is operating at the current time. Most of Kura Sushi's value examination focuses on studying past and present price action to
predict the probability of Kura Sushi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kura Sushi's price. Additionally, you may evaluate how the addition of Kura Sushi to your portfolios can decrease your overall portfolio volatility.