| KTN Stock | | | CAD 1.08 0.03 2.86% |
Kootenay Silver financial indicator trend analysis is infinitely more than just investigating Kootenay Silver recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kootenay Silver is a good investment. Please check the relationship between Kootenay Silver Ev To Sales and its Capex To Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kootenay Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ev To Sales vs Capex To Depreciation
Ev To Sales vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kootenay Silver Ev To Sales account and
Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kootenay Silver's Ev To Sales and Capex To Depreciation is -0.35. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Kootenay Silver, assuming nothing else is changed. The correlation between historical values of Kootenay Silver's Ev To Sales and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Kootenay Silver are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., Kootenay Silver's Ev To Sales and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Kootenay Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kootenay Silver 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 Kootenay Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2
M in 2024.
Issuance Of Capital Stock is likely to drop to about 3.2
M in 2024
Kootenay Silver fundamental ratios Correlations
Click cells to compare fundamentals
Kootenay Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kootenay Silver fundamental ratios Accounts
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measure Kootenay Silver'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 Kootenay Silver is operating at the current time. Most of Kootenay Silver's value examination focuses on studying past and present price action to
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