Kwesst Property Plant And Equipment Gross vs Inventory Analysis

KWE Stock  CAD 0.90  0.02  2.17%   
Kwesst Micro financial indicator trend analysis is infinitely more than just investigating Kwesst Micro Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kwesst Micro Systems is a good investment. Please check the relationship between Kwesst Micro Property Plant And Equipment Gross and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kwesst Micro Systems. 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.

Property Plant And Equipment Gross vs Inventory

Property Plant And Equipment Gross vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kwesst Micro Systems Property Plant And Equipment Gross account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kwesst Micro's Property Plant And Equipment Gross and Inventory is -0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Inventory in the same time period over historical financial statements of Kwesst Micro Systems, assuming nothing else is changed. The correlation between historical values of Kwesst Micro's Property Plant And Equipment Gross and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Kwesst Micro Systems are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Gross i.e., Kwesst Micro's Property Plant And Equipment Gross and Inventory go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Gross

Inventory

Most indicators from Kwesst Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kwesst Micro Systems 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 Kwesst Micro Systems. 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.
At this time, Kwesst Micro's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 28.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.77 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.8M13.3M15.3M12.7M
Cost Of Revenue536.7K1.4M1.6M1.0M

Kwesst Micro fundamental ratios Correlations

0.83-0.67-0.840.1-0.460.90.750.58-0.70.630.87-0.450.83-0.970.920.650.81-0.790.810.890.860.760.79-0.6-0.91
0.83-0.86-0.920.59-0.550.760.830.7-0.820.760.59-0.860.73-0.910.560.920.95-0.990.620.660.940.970.97-0.93-0.58
-0.67-0.860.67-0.390.85-0.39-0.47-0.390.57-0.48-0.480.73-0.520.75-0.4-0.74-0.80.83-0.42-0.54-0.8-0.83-0.830.790.4
-0.84-0.920.67-0.560.25-0.88-0.96-0.880.94-0.92-0.650.76-0.660.92-0.59-0.81-0.920.95-0.56-0.72-0.94-0.93-0.940.850.58
0.10.59-0.39-0.56-0.020.260.630.6-0.610.62-0.18-0.90.15-0.28-0.270.740.54-0.65-0.03-0.080.450.660.62-0.830.2
-0.46-0.550.850.25-0.02-0.06-0.020.130.070.03-0.340.39-0.370.48-0.32-0.43-0.480.49-0.32-0.37-0.48-0.48-0.480.440.33
0.90.76-0.39-0.880.26-0.060.90.76-0.790.770.77-0.460.76-0.890.810.630.76-0.750.730.80.80.720.74-0.59-0.81
0.750.83-0.47-0.960.63-0.020.90.92-0.940.930.55-0.740.65-0.820.520.80.84-0.870.560.610.830.850.85-0.81-0.54
0.580.7-0.39-0.880.60.130.760.92-0.940.990.53-0.630.52-0.70.350.670.78-0.750.440.580.780.780.78-0.69-0.35
-0.7-0.820.570.94-0.610.07-0.79-0.94-0.94-0.96-0.510.73-0.590.78-0.46-0.77-0.820.85-0.49-0.57-0.81-0.84-0.840.80.47
0.630.76-0.48-0.920.620.030.770.930.99-0.960.55-0.690.55-0.750.380.720.84-0.810.460.610.830.840.84-0.76-0.37
0.870.59-0.48-0.65-0.18-0.340.770.550.53-0.510.55-0.140.78-0.860.880.40.71-0.560.821.00.780.580.63-0.31-0.84
-0.45-0.860.730.76-0.90.39-0.46-0.74-0.630.73-0.69-0.14-0.430.6-0.07-0.92-0.790.89-0.26-0.24-0.72-0.88-0.860.980.14
0.830.73-0.52-0.660.15-0.370.760.650.52-0.590.550.78-0.43-0.820.770.740.75-0.660.980.80.740.660.7-0.54-0.85
-0.97-0.910.750.92-0.280.48-0.89-0.82-0.70.78-0.75-0.860.6-0.82-0.81-0.76-0.930.9-0.77-0.9-0.96-0.88-0.910.730.8
0.920.56-0.4-0.59-0.27-0.320.810.520.35-0.460.380.88-0.070.77-0.810.350.54-0.490.820.870.620.440.49-0.24-0.98
0.650.92-0.74-0.810.74-0.430.630.80.67-0.770.720.4-0.920.74-0.760.350.88-0.910.610.480.810.910.9-0.95-0.44
0.810.95-0.8-0.920.54-0.480.760.840.78-0.820.840.71-0.790.75-0.930.540.88-0.960.660.770.990.980.99-0.88-0.55
-0.79-0.990.830.95-0.650.49-0.75-0.87-0.750.85-0.81-0.560.89-0.660.9-0.49-0.91-0.96-0.54-0.64-0.95-0.99-0.990.950.51
0.810.62-0.42-0.56-0.03-0.320.730.560.44-0.490.460.82-0.260.98-0.770.820.610.66-0.540.820.650.540.58-0.39-0.89
0.890.66-0.54-0.72-0.08-0.370.80.610.58-0.570.611.0-0.240.8-0.90.870.480.77-0.640.820.830.660.7-0.4-0.83
0.860.94-0.8-0.940.45-0.480.80.830.78-0.810.830.78-0.720.74-0.960.620.810.99-0.950.650.830.960.98-0.83-0.6
0.760.97-0.83-0.930.66-0.480.720.850.78-0.840.840.58-0.880.66-0.880.440.910.98-0.990.540.660.961.0-0.95-0.45
0.790.97-0.83-0.940.62-0.480.740.850.78-0.840.840.63-0.860.7-0.910.490.90.99-0.990.580.70.981.0-0.93-0.5
-0.6-0.930.790.85-0.830.44-0.59-0.81-0.690.8-0.76-0.310.98-0.540.73-0.24-0.95-0.880.95-0.39-0.4-0.83-0.95-0.930.29
-0.91-0.580.40.580.20.33-0.81-0.54-0.350.47-0.37-0.840.14-0.850.8-0.98-0.44-0.550.51-0.89-0.83-0.6-0.45-0.50.29
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Kwesst Micro Account Relationship Matchups

Kwesst Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab42.5K11.1K47.3K4.3M5.0M5.2M
Total Current Liabilities1.1M1.2M6.9M6.4M7.3M7.7M
Net Tangible Assets(233.4K)3.2M2.7M(5.7M)(5.2M)(4.9M)
Retained Earnings(6.1M)(15.4M)(25.9M)(35.2M)(31.7M)(30.1M)
Accounts Payable493.0K620.0K2.3M367.1K422.2K735.5K
Net Receivables480.9K699.3K114.9K68.5K61.7K58.6K
Total Current Assets4.0M4.1M1.5M6.8M7.9M8.3M
Common Stock2.3M9.4M17.2M19.5M22.4M23.5M
Property Plant Equipment252.6K501.7K1.2M1.0M1.2M724.4K

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