KULR Free Cash Flow vs Net Income Analysis

KULR Stock

USD 0.42 0.03 7.69%

KULR Technology financial indicator trend analysis is infinitely more than just investigating KULR Technology Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KULR Technology Group is a good investment. Please check the relationship between KULR Technology Free Cash Flow and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KULR Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KULR Technology Group Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between KULR Technology's Free Cash Flow and Net Income is 0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of KULR Technology Group, assuming nothing else is changed. The correlation between historical values of KULR Technology's Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of KULR Technology Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., KULR Technology's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in KULR Technology Group financial statement analysis. It represents the amount of money remaining after all of KULR Technology Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from KULR Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KULR Technology Group 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 KULR Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, KULR Technology's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to 966.00, while Enterprise Value Over EBITDA is likely to drop (1.10).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	1.1M	1.6M	6.2M	6.5M
Research Development	1.7M	4.0M	6.2M	6.5M

Cost Of Revenue Research Development

KULR Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.82	0.81	0.79	0.88	-0.67	0.87	0.74	0.75	0.88	0.78	0.71	0.97	0.75	0.68	0.08	0.75	-0.89	0.73	0.76	0.64	0.78
Other Current Liab	0.82		0.95	0.36	0.66	-0.78	0.46	0.98	0.98	0.95	0.81	0.89	0.69	0.66	0.86	-0.08	0.96	-0.49	0.91	0.32	0.15	0.78
Total Current Liabilities	0.81	0.95		0.3	0.78	-0.92	0.47	0.96	0.97	0.84	0.93	0.98	0.7	0.78	0.94	0.04	0.97	-0.47	0.75	0.27	0.09	0.89
Total Stockholder Equity	0.79	0.36	0.3		0.61	-0.11	0.97	0.21	0.22	0.58	0.29	0.14	0.89	0.41	0.12	0.15	0.21	-0.98	0.45	0.99	0.97	0.29
Net Tangible Assets	0.88	0.66	0.78	0.61		-0.81	0.74	0.64	0.67	0.62	0.9	0.76	0.85	0.77	0.78	0.04	0.71	-0.74	0.4	0.59	0.48	0.87
Retained Earnings	-0.67	-0.78	-0.92	-0.11	-0.81		-0.3	-0.85	-0.86	-0.6	-0.98	-0.97	-0.53	-0.78	-0.98	0.0	-0.9	0.3	-0.46	-0.07	0.08	-0.95
Cash	0.87	0.46	0.47	0.97	0.74	-0.3		0.33	0.35	0.62	0.47	0.33	0.96	0.57	0.28	0.23	0.34	-0.99	0.47	0.97	0.92	0.46
Net Receivables	0.74	0.98	0.96	0.21	0.64	-0.85	0.33		1.0	0.88	0.85	0.94	0.59	0.66	0.92	-0.13	0.99	-0.36	0.84	0.17	-0.01	0.81
Inventory	0.75	0.98	0.97	0.22	0.67	-0.86	0.35	1.0		0.88	0.87	0.95	0.6	0.64	0.93	-0.14	1.0	-0.37	0.83	0.18	0.0	0.83
Other Current Assets	0.88	0.95	0.84	0.58	0.62	-0.6	0.62	0.88	0.88		0.68	0.73	0.79	0.59	0.69	-0.07	0.85	-0.66	0.96	0.53	0.39	0.66
Other Stockholder Equity	0.78	0.81	0.93	0.29	0.9	-0.98	0.47	0.85	0.87	0.68		0.96	0.67	0.82	0.96	0.03	0.9	-0.47	0.51	0.26	0.1	0.96
Total Liab	0.71	0.89	0.98	0.14	0.76	-0.97	0.33	0.94	0.95	0.73	0.96		0.57	0.74	0.99	-0.03	0.97	-0.33	0.63	0.11	-0.06	0.92
Total Current Assets	0.97	0.69	0.7	0.89	0.85	-0.53	0.96	0.59	0.6	0.79	0.67	0.57		0.68	0.53	0.16	0.6	-0.96	0.64	0.87	0.78	0.64
Common Stock	0.75	0.66	0.78	0.41	0.77	-0.78	0.57	0.66	0.64	0.59	0.82	0.74	0.68		0.7	0.44	0.67	-0.56	0.44	0.37	0.25	0.81
Property Plant Equipment	0.68	0.86	0.94	0.12	0.78	-0.98	0.28	0.92	0.93	0.69	0.96	0.99	0.53	0.7		-0.13	0.96	-0.29	0.57	0.07	-0.09	0.93
Short Long Term Debt Total	0.08	-0.08	0.04	0.15	0.04	0.0	0.23	-0.13	-0.14	-0.07	0.03	-0.03	0.16	0.44	-0.13		-0.14	-0.18	-0.08	0.16	0.15	-0.02
Property Plant And Equipment Net	0.75	0.96	0.97	0.21	0.71	-0.9	0.34	0.99	1.0	0.85	0.9	0.97	0.6	0.67	0.96	-0.14		-0.37	0.78	0.17	-0.01	0.87
Net Debt	-0.89	-0.49	-0.47	-0.98	-0.74	0.3	-0.99	-0.36	-0.37	-0.66	-0.47	-0.33	-0.96	-0.56	-0.29	-0.18	-0.37		-0.51	-0.97	-0.92	-0.46
Current Deferred Revenue	0.73	0.91	0.75	0.45	0.4	-0.46	0.47	0.84	0.83	0.96	0.51	0.63	0.64	0.44	0.57	-0.08	0.78	-0.51		0.41	0.27	0.49
Net Invested Capital	0.76	0.32	0.27	0.99	0.59	-0.07	0.97	0.17	0.18	0.53	0.26	0.11	0.87	0.37	0.07	0.16	0.17	-0.97	0.41		0.98	0.25
Net Working Capital	0.64	0.15	0.09	0.97	0.48	0.08	0.92	-0.01	0.0	0.39	0.1	-0.06	0.78	0.25	-0.09	0.15	-0.01	-0.92	0.27	0.98		0.11
Capital Stock	0.78	0.78	0.89	0.29	0.87	-0.95	0.46	0.81	0.83	0.66	0.96	0.92	0.64	0.81	0.93	-0.02	0.87	-0.46	0.49	0.25	0.11

Click cells to compare fundamentals

KULR Technology Account Relationship Matchups

KULR Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	236.8K	9.2M	19.2M	23.6M	10.9M	8.0M
Other Current Liab	582.0	526.0K	1.2M	7.8M	3.4M	3.5M
Total Current Liabilities	1.0M	2.9M	2.5M	9.7M	6.9M	7.2M
Total Stockholder Equity	(797.0K)	6.1M	16.4M	10.5M	(2.2M)	(2.1M)
Net Tangible Assets	(797.0K)	6.1M	16.1M	9.8M	11.2M	11.8M
Retained Earnings	(8.4M)	(11.2M)	(23.2M)	(42.6M)	(66.3M)	(63.0M)
Accounts Payable	348.9K	66.5K	454.5K	1.4M	2.8M	2.9M
Cash	108.9K	8.9M	14.9M	10.3M	1.2M	1.1M
Non Current Assets Total	27.5K	57.9K	3.5M	7.9M	7.0M	7.3M
Non Currrent Assets Other	(27.5K)	(57.9K)	2.2M	132.3K	1.4M	1.5M
Cash And Short Term Investments	108.9K	8.9M	14.9M	10.3M	1.2M	1.1M
Net Receivables	30.1K	55.5K	136.3K	1.5M	901.7K	946.8K
Common Stock Total Equity	8.1K	9.0K	10.5K	11.3K	13.0K	8.2K
Common Stock Shares Outstanding	80.1M	82.0M	97.7M	105.7M	117.8M	80.5M
Liabilities And Stockholders Equity	236.8K	9.2M	19.2M	23.6M	10.9M	7.9M
Non Current Liabilities Total	363.9K	142.3K	407.9K	3.5M	6.1M	6.5M
Inventory	27.1K	55.5K	191.3K	2.0M	1.2M	1.2M
Other Current Assets	19.4K	159.2K	685.8K	2.5M	631.4K	503.3K
Other Stockholder Equity	7.6M	17.4M	39.5M	53.1M	64.1M	67.3M
Total Liab	1.0M	3.1M	2.9M	13.1M	13.0M	13.7M
Property Plant And Equipment Gross	27.5K	57.86	1.2M	7.4M	8.6M	9.0M
Total Current Assets	209.3K	9.2M	15.8M	15.7M	3.9M	5.7M
Short Term Debt	669.2K	2.3M	680.0K	447.3K	204.4K	194.2K
Common Stock	8.1K	9.0K	10.5K	11.3K	13.4K	8.8K
Property Plant Equipment	27.5K	57.9K	1.0M	3.2M	3.7M	3.9M
Property Plant And Equipment Net	27.5K	57.9K	1.0M	7.0M	4.8M	5.1M
Net Debt	(108.9K)	(6.4M)	(14.0M)	(10.0M)	(842.6K)	(884.7K)
Net Invested Capital	(797.0K)	8.6M	16.5M	10.5M	(1.9M)	(1.8M)
Net Working Capital	(824.5K)	6.2M	13.3M	6.1M	(3.0M)	(2.8M)

Pair Trading with KULR Technology

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 KULR Technology 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 KULR Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with KULR Stock

0.8

EBON

Ebang International

Pair Corr

Moving against KULR Stock

0.75	ENPH	Enphase Energy	Pair Corr
0.64	VRRM	Verra Mobility Corp	Pair Corr
0.52	NTIP	Network 1 Technologies	Pair Corr

The ability to find closely correlated positions to KULR Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KULR Technology 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 KULR Technology - 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 KULR Technology Group to buy it.

The correlation of KULR Technology 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 KULR Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KULR Technology Group 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 KULR Technology 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.

Pair Correlation Correlation Matching

Additional Tools for KULR Stock Analysis

When running KULR Technology's price analysis, check to measure KULR Technology'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 KULR Technology is operating at the current time. Most of KULR Technology's value examination focuses on studying past and present price action to predict the probability of KULR Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KULR Technology's price. Additionally, you may evaluate how the addition of KULR Technology to your portfolios can decrease your overall portfolio volatility.

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