Kinaxis Ev To Sales vs Free Cash Flow Yield Analysis

KXS Stock

CAD 177.20 5.54 3.23%

Kinaxis financial indicator trend analysis is infinitely more than just investigating Kinaxis recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinaxis is a good investment. Please check the relationship between Kinaxis Ev To Sales and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinaxis. 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 Free Cash Flow Yield

Ev To Sales vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinaxis Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Kinaxis' Ev To Sales and Free Cash Flow Yield is -0.46. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Kinaxis, assuming nothing else is changed. The correlation between historical values of Kinaxis' Ev To Sales and Free Cash Flow Yield 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 Kinaxis are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., Kinaxis' Ev To Sales and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Kinaxis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinaxis 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 Kinaxis. 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, Kinaxis' Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 3.3 B, while Tax Provision is likely to drop about 6.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	164.0M	235.8M	258.9M	130.1M
Total Revenue	250.7M	366.9M	427.0M	448.3M

Gross Profit Total Revenue

Kinaxis fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.63	0.91	0.99	0.96	-0.62	0.96	0.97	0.79	0.97	0.98	0.89	0.87	0.99	0.65	-0.04	0.97	0.88	0.87	0.9	0.92	0.97	0.67	0.09	0.95	0.92
Other Current Liab	0.63		0.64	0.64	0.72	-0.19	0.67	0.65	0.42	0.71	0.67	0.78	0.52	0.62	0.63	0.11	0.61	0.71	0.62	0.61	0.68	0.46	0.81	-0.45	0.45	0.61
Total Current Liabilities	0.91	0.64		0.88	0.9	-0.66	0.89	0.86	0.86	0.88	0.89	0.78	0.94	0.89	0.58	-0.19	0.83	0.97	0.96	0.98	0.82	0.87	0.62	0.14	0.91	0.99
Total Stockholder Equity	0.99	0.64	0.88		0.93	-0.66	0.98	0.95	0.8	0.94	0.95	0.88	0.88	0.97	0.68	-0.07	0.97	0.85	0.81	0.9	0.9	0.96	0.63	0.09	0.94	0.91
Property Plant And Equipment Net	0.96	0.72	0.9	0.93		-0.54	0.9	0.97	0.76	0.97	0.94	0.91	0.82	0.93	0.6	0.08	0.9	0.93	0.9	0.86	0.9	0.9	0.79	-0.02	0.89	0.89
Net Debt	-0.62	-0.19	-0.66	-0.66	-0.54		-0.74	-0.54	-0.94	-0.45	-0.47	-0.34	-0.84	-0.55	-0.54	0.6	-0.54	-0.65	-0.49	-0.75	-0.36	-0.64	-0.02	-0.46	-0.78	-0.7
Retained Earnings	0.96	0.67	0.89	0.98	0.9	-0.74		0.89	0.86	0.89	0.91	0.85	0.91	0.93	0.72	-0.21	0.93	0.86	0.78	0.92	0.83	0.91	0.55	0.07	0.94	0.91
Accounts Payable	0.97	0.65	0.86	0.95	0.97	-0.54	0.89		0.73	0.97	0.94	0.9	0.8	0.94	0.62	0.09	0.95	0.85	0.85	0.84	0.92	0.93	0.78	0.01	0.88	0.86
Cash	0.79	0.42	0.86	0.8	0.76	-0.94	0.86	0.73		0.68	0.68	0.56	0.95	0.72	0.61	-0.44	0.69	0.86	0.75	0.9	0.57	0.78	0.33	0.34	0.89	0.88
Non Current Assets Total	0.97	0.71	0.88	0.94	0.97	-0.45	0.89	0.97	0.68		0.98	0.93	0.77	0.96	0.59	0.11	0.94	0.87	0.88	0.83	0.97	0.92	0.8	-0.03	0.87	0.87
Non Currrent Assets Other	0.98	0.67	0.89	0.95	0.94	-0.47	0.91	0.94	0.68	0.98		0.93	0.79	0.99	0.57	0.06	0.96	0.85	0.88	0.86	0.95	0.94	0.71	0.0	0.9	0.89
Other Assets	0.89	0.78	0.78	0.88	0.91	-0.34	0.85	0.9	0.56	0.93	0.93		0.69	0.89	0.53	0.12	0.91	0.78	0.79	0.75	0.87	0.82	0.78	-0.33	0.77	0.76
Cash And Short Term Investments	0.87	0.52	0.94	0.88	0.82	-0.84	0.91	0.8	0.95	0.77	0.79	0.69		0.83	0.63	-0.33	0.8	0.89	0.84	0.98	0.68	0.85	0.45	0.26	0.93	0.96
Net Receivables	0.99	0.62	0.89	0.97	0.93	-0.55	0.93	0.94	0.72	0.96	0.99	0.89	0.83		0.62	0.0	0.96	0.85	0.86	0.88	0.94	0.96	0.66	0.08	0.92	0.91
Common Stock Shares Outstanding	0.65	0.63	0.58	0.68	0.6	-0.54	0.72	0.62	0.61	0.59	0.57	0.53	0.63	0.62		-0.22	0.65	0.58	0.51	0.63	0.58	0.54	0.47	0.13	0.55	0.61
Inventory	-0.04	0.11	-0.19	-0.07	0.08	0.6	-0.21	0.09	-0.44	0.11	0.06	0.12	-0.33	0.0	-0.22		-0.03	-0.13	-0.05	-0.24	0.13	-0.05	0.49	-0.24	-0.22	-0.21
Other Current Assets	0.97	0.61	0.83	0.97	0.9	-0.54	0.93	0.95	0.69	0.94	0.96	0.91	0.8	0.96	0.65	-0.03		0.77	0.79	0.83	0.92	0.95	0.65	0.01	0.89	0.85
Other Stockholder Equity	0.88	0.71	0.97	0.85	0.93	-0.65	0.86	0.85	0.86	0.87	0.85	0.78	0.89	0.85	0.58	-0.13	0.77		0.93	0.93	0.79	0.81	0.68	0.08	0.87	0.95
Total Liab	0.87	0.62	0.96	0.81	0.9	-0.49	0.78	0.85	0.75	0.88	0.88	0.79	0.84	0.86	0.51	-0.05	0.79	0.93		0.9	0.82	0.82	0.71	0.09	0.83	0.93
Total Current Assets	0.9	0.61	0.98	0.9	0.86	-0.75	0.92	0.84	0.9	0.83	0.86	0.75	0.98	0.88	0.63	-0.24	0.83	0.93	0.9		0.77	0.87	0.55	0.2	0.92	0.99
Intangible Assets	0.92	0.68	0.82	0.9	0.9	-0.36	0.83	0.92	0.57	0.97	0.95	0.87	0.68	0.94	0.58	0.13	0.92	0.79	0.82	0.77		0.89	0.77	0.01	0.79	0.82
Common Stock	0.97	0.46	0.87	0.96	0.9	-0.64	0.91	0.93	0.78	0.92	0.94	0.82	0.85	0.96	0.54	-0.05	0.95	0.81	0.82	0.87	0.89		0.55	0.22	0.97	0.89
Short Long Term Debt Total	0.67	0.81	0.62	0.63	0.79	-0.02	0.55	0.78	0.33	0.8	0.71	0.78	0.45	0.66	0.47	0.49	0.65	0.68	0.71	0.55	0.77	0.55		-0.32	0.45	0.59
Other Liab	0.09	-0.45	0.14	0.09	-0.02	-0.46	0.07	0.01	0.34	-0.03	0.0	-0.33	0.26	0.08	0.13	-0.24	0.01	0.08	0.09	0.2	0.01	0.22	-0.32		0.26	0.2
Net Tangible Assets	0.95	0.45	0.91	0.94	0.89	-0.78	0.94	0.88	0.89	0.87	0.9	0.77	0.93	0.92	0.55	-0.22	0.89	0.87	0.83	0.92	0.79	0.97	0.45	0.26		0.93
Current Deferred Revenue	0.92	0.61	0.99	0.91	0.89	-0.7	0.91	0.86	0.88	0.87	0.89	0.76	0.96	0.91	0.61	-0.21	0.85	0.95	0.93	0.99	0.82	0.89	0.59	0.2	0.93

Click cells to compare fundamentals

Kinaxis Account Relationship Matchups

Kinaxis fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	350.7M	428.4M	520.3M	648.3M	692.0M	726.6M
Other Current Liab	16.5M	27.1M	33.5M	39.1M	28.0M	20.2M
Total Current Liabilities	106.7M	131.9M	145.8M	190.0M	183.1M	106.1M
Total Stockholder Equity	230.1M	281.8M	321.2M	401.4M	454.8M	477.6M
Property Plant And Equipment Net	34.4M	46.5M	105.7M	105.4M	87.4M	91.8M
Net Debt	(173.2M)	(166.3M)	(147.5M)	(118.4M)	(123.1M)	(129.2M)
Retained Earnings	59.1M	72.8M	71.7M	91.7M	101.8M	106.9M
Accounts Payable	4.3M	5.9M	10.6M	10.4M	11.7M	12.3M
Cash	182.3M	183.0M	203.2M	175.3M	174.8M	142.1M
Non Current Assets Total	50.3M	122.0M	187.4M	251.1M	227.6M	239.0M
Non Currrent Assets Other	15.7M	20.2M	24.9M	43.1M	41.1M	43.1M
Other Assets	16.6M	22.5M	30.9M	28.4M	32.6M	34.2M
Cash And Short Term Investments	212.6M	213.1M	233.4M	225.8M	293.0M	170.9M
Net Receivables	81.3M	84.0M	89.2M	157.7M	156.6M	164.4M
Common Stock Shares Outstanding	27.0M	28.1M	27.2M	28.6M	28.3M	28.7M
Liabilities And Stockholders Equity	350.7M	428.4M	520.3M	648.3M	692.0M	726.6M
Other Current Assets	7.9M	12.2M	11.2M	13.7M	19.5M	20.4M
Other Stockholder Equity	30.4M	35.8M	54.7M	65.1M	44.3M	28.4M
Total Liab	120.6M	146.7M	199.1M	246.8M	237.2M	135.4M
Total Current Assets	300.5M	306.4M	332.9M	397.1M	464.4M	247.0M
Intangible Assets	1.5M	13.0M	10.8M	28.3M	23.4M	24.6M
Common Stock	141.0M	173.1M	195.4M	244.7M	307.3M	322.7M
Short Long Term Debt Total	9.1M	16.6M	55.8M	57.0M	51.8M	35.2M
Other Liab	7.1M	2.7M	9K	6.9M	6.2M	5.0M
Net Tangible Assets	228.7M	227.8M	269.7M	298.9M	343.7M	360.9M
Current Deferred Revenue	83.7M	94.3M	99.2M	133.5M	137.6M	85.0M
Common Stock Total Equity	108.3M	125.0M	141.0M	173.1M	199.1M	114.4M
Non Current Liabilities Total	13.9M	14.8M	53.2M	56.8M	54.1M	32.0M
Property Plant And Equipment Gross	34.4M	46.5M	152.6M	152.1M	146.0M	153.3M
Accumulated Other Comprehensive Income	(348K)	(20K)	(597K)	(156K)	1.4M	1.4M
Short Term Debt	2.3M	4.6M	2.5M	7.0M	5.8M	3.8M
Property Plant Equipment	32.9M	45.6M	104.9M	105.4M	121.2M	127.3M
Capital Surpluse	30.4M	35.8M	54.7M	65.1M	74.9M	78.6M
Long Term Debt Total	6.8M	12.1M	53.2M	50.0M	57.5M	60.3M
Cash And Equivalents	182.3M	183.0M	203.2M	175.3M	201.6M	181.7M
Short Term Investments	30.3M	30.2M	30.2M	50.5M	118.1M	124.0M
Net Invested Capital	230.1M	281.8M	321.2M	401.4M	454.8M	314.1M
Net Working Capital	193.7M	174.5M	187.1M	207.1M	281.3M	205.8M
Capital Lease Obligations	9.1M	16.6M	55.8M	57.0M	51.8M	36.5M

Pair Trading with Kinaxis

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

Moving against Kinaxis Stock

0.72

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Pair Corr

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

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

Other Information on Investing in Kinaxis Stock

Balance Sheet is a snapshot of the financial position of Kinaxis at a specified time, usually calculated after every quarter, six months, or one year. Kinaxis Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kinaxis and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kinaxis currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Kinaxis Ev To Sales vs Free Cash Flow Yield Analysis

Ev To Sales vs Free Cash Flow Yield

Ev To Sales vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ev To Sales

Free Cash Flow Yield

Kinaxis fundamental ratios Correlations

Kinaxis Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kinaxis fundamental ratios Accounts

Pair Trading with Kinaxis

Moving against Kinaxis Stock

Other Information on Investing in Kinaxis Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Non Currrent Assets Other
Current Deferred Revenue	+ 0.99	Total Current Assets
Non Currrent Assets Other	+ 0.98	Total Assets

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.84	Net Debt
Net Tangible Assets	- 0.78	Net Debt
Total Current Assets	- 0.75	Net Debt
Retained Earnings	- 0.74	Net Debt
Current Deferred Revenue	- 0.7	Net Debt