KWESST Retained Earnings vs Total Assets Analysis

KWESW Stock   0.01  0.00  0.00%   
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 Retained Earnings and its Total Assets 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 state.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KWESST Micro Systems Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between KWESST Micro's Retained Earnings and Total Assets is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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 Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of KWESST Micro Systems are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., KWESST Micro's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of KWESST Micro assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in KWESST Micro Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 state.
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)
Interest Expense512.0K723.5K832.1K873.7K
Depreciation And Amortization326.5K952.5K1.1M1.2M

KWESST Micro fundamental ratios Correlations

0.810.840.76-0.72-0.930.850.850.810.860.90.920.080.760.830.140.88-0.88-0.43-0.470.90.780.910.060.820.73
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-0.93-0.92-0.96-0.530.62-0.82-0.82-0.89-0.98-0.86-0.97-0.21-0.8-0.93-0.25-0.940.940.580.67-0.94-0.89-0.96-0.2-0.91-0.83
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-0.47-0.68-0.810.160.110.67-0.36-0.36-0.59-0.76-0.4-0.59-0.58-0.3-0.58-0.5-0.580.50.39-0.5-0.7-0.6-0.58-0.84-0.57
0.90.810.870.54-0.51-0.940.690.690.780.90.760.90.230.930.860.320.99-0.99-0.49-0.50.920.990.210.850.71
0.780.750.920.27-0.24-0.890.540.540.680.930.620.820.550.880.770.60.96-0.93-0.51-0.70.920.930.540.870.6
0.910.840.910.49-0.5-0.960.70.70.80.930.760.910.270.880.880.340.99-0.98-0.48-0.60.990.930.260.910.74
0.06-0.020.32-0.450.59-0.2-0.31-0.31-0.150.3-0.210.031.00.3-0.070.980.34-0.240.17-0.580.210.540.260.31-0.23
0.820.90.950.29-0.46-0.910.680.680.850.940.720.870.320.640.870.310.87-0.82-0.54-0.840.850.870.910.310.81
0.730.980.830.47-0.8-0.830.890.890.990.830.870.9-0.210.480.96-0.220.67-0.7-0.79-0.570.710.60.74-0.230.81
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KWESST Micro Account Relationship Matchups

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