KULR Selling And Marketing Expenses vs Operating Income Analysis

KULR Stock  USD 0.72  0.05  6.49%   
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 Selling And Marketing Expenses and its Operating 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.

Selling And Marketing Expenses vs Operating Income

Selling And Marketing Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KULR Technology Group Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between KULR Technology's Selling And Marketing Expenses and Operating Income is -0.87. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating 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 Selling And Marketing Expenses and Operating 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 Selling And Marketing Expenses of KULR Technology Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling And Marketing Expenses i.e., KULR Technology's Selling And Marketing Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling And Marketing Expenses

Operating Income

Operating Income is the amount of profit realized from KULR Technology Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of KULR Technology Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 11/28/2024, 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 Revenue1.1M1.6M6.2M6.5M
Research Development1.7M4.0M6.2M6.5M

KULR Technology fundamental ratios Correlations

0.820.810.790.88-0.670.870.740.750.880.780.710.970.750.680.080.75-0.890.730.760.640.78
0.820.950.360.66-0.780.460.980.980.950.810.890.690.660.86-0.080.96-0.490.910.320.150.78
0.810.950.30.78-0.920.470.960.970.840.930.980.70.780.940.040.97-0.470.750.270.090.89
0.790.360.30.61-0.110.970.210.220.580.290.140.890.410.120.150.21-0.980.450.990.970.29
0.880.660.780.61-0.810.740.640.670.620.90.760.850.770.780.040.71-0.740.40.590.480.87
-0.67-0.78-0.92-0.11-0.81-0.3-0.85-0.86-0.6-0.98-0.97-0.53-0.78-0.980.0-0.90.3-0.46-0.070.08-0.95
0.870.460.470.970.74-0.30.330.350.620.470.330.960.570.280.230.34-0.990.470.970.920.46
0.740.980.960.210.64-0.850.331.00.880.850.940.590.660.92-0.130.99-0.360.840.17-0.010.81
0.750.980.970.220.67-0.860.351.00.880.870.950.60.640.93-0.141.0-0.370.830.180.00.83
0.880.950.840.580.62-0.60.620.880.880.680.730.790.590.69-0.070.85-0.660.960.530.390.66
0.780.810.930.290.9-0.980.470.850.870.680.960.670.820.960.030.9-0.470.510.260.10.96
0.710.890.980.140.76-0.970.330.940.950.730.960.570.740.99-0.030.97-0.330.630.11-0.060.92
0.970.690.70.890.85-0.530.960.590.60.790.670.570.680.530.160.6-0.960.640.870.780.64
0.750.660.780.410.77-0.780.570.660.640.590.820.740.680.70.440.67-0.560.440.370.250.81
0.680.860.940.120.78-0.980.280.920.930.690.960.990.530.7-0.130.96-0.290.570.07-0.090.93
0.08-0.080.040.150.040.00.23-0.13-0.14-0.070.03-0.030.160.44-0.13-0.14-0.18-0.080.160.15-0.02
0.750.960.970.210.71-0.90.340.991.00.850.90.970.60.670.96-0.14-0.370.780.17-0.010.87
-0.89-0.49-0.47-0.98-0.740.3-0.99-0.36-0.37-0.66-0.47-0.33-0.96-0.56-0.29-0.18-0.37-0.51-0.97-0.92-0.46
0.730.910.750.450.4-0.460.470.840.830.960.510.630.640.440.57-0.080.78-0.510.410.270.49
0.760.320.270.990.59-0.070.970.170.180.530.260.110.870.370.070.160.17-0.970.410.980.25
0.640.150.090.970.480.080.92-0.010.00.390.1-0.060.780.25-0.090.15-0.01-0.920.270.980.11
0.780.780.890.290.87-0.950.460.810.830.660.960.920.640.810.93-0.020.87-0.460.490.250.11
Click cells to compare fundamentals

KULR Technology Account Relationship Matchups

KULR Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.8K9.2M19.2M23.6M10.9M8.0M
Other Current Liab582.0526.0K1.2M7.8M3.4M3.5M
Total Current Liabilities1.0M2.9M2.5M9.7M6.9M7.2M
Total Stockholder Equity(797.0K)6.1M16.4M10.5M(2.2M)(2.1M)
Net Tangible Assets(797.0K)6.1M16.1M9.8M11.2M11.8M
Retained Earnings(8.4M)(11.2M)(23.2M)(42.6M)(66.3M)(63.0M)
Accounts Payable348.9K66.5K454.5K1.4M2.8M2.9M
Cash108.9K8.9M14.9M10.3M1.2M1.1M
Non Current Assets Total27.5K57.9K3.5M7.9M7.0M7.3M
Non Currrent Assets Other(27.5K)(57.9K)2.2M132.3K1.4M1.5M
Cash And Short Term Investments108.9K8.9M14.9M10.3M1.2M1.1M
Net Receivables30.1K55.5K136.3K1.5M901.7K946.8K
Common Stock Total Equity8.1K9.0K10.5K11.3K13.0K8.2K
Common Stock Shares Outstanding80.1M82.0M97.7M105.7M117.8M80.5M
Liabilities And Stockholders Equity236.8K9.2M19.2M23.6M10.9M7.9M
Non Current Liabilities Total363.9K142.3K407.9K3.5M6.1M6.5M
Inventory27.1K55.5K191.3K2.0M1.2M1.2M
Other Current Assets19.4K159.2K685.8K2.5M631.4K503.3K
Other Stockholder Equity7.6M17.4M39.5M53.1M64.1M67.3M
Total Liab1.0M3.1M2.9M13.1M13.0M13.7M
Property Plant And Equipment Gross27.5K57.861.2M7.4M8.6M9.0M
Total Current Assets209.3K9.2M15.8M15.7M3.9M5.7M
Short Term Debt669.2K2.3M680.0K447.3K204.4K194.2K
Common Stock8.1K9.0K10.5K11.3K13.4K8.8K
Property Plant Equipment27.5K57.9K1.0M3.2M3.7M3.9M
Property Plant And Equipment Net27.5K57.9K1.0M7.0M4.8M5.1M
Net Debt(108.9K)(6.4M)(14.0M)(10.0M)(842.6K)(884.7K)
Net Invested Capital(797.0K)8.6M16.5M10.5M(1.9M)(1.8M)
Net Working Capital(824.5K)6.2M13.3M6.1M(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

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Moving against KULR Stock

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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 CorrelationCorrelation 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.