Kutcho Total Current Liabilities vs Short Term Investments Analysis

KC Stock  CAD 0.10  0.01  5.26%   
Kutcho Copper financial indicator trend analysis is infinitely more than just investigating Kutcho Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kutcho Copper Corp is a good investment. Please check the relationship between Kutcho Copper Total Current Liabilities and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kutcho Copper Corp. 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.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kutcho Copper Corp Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kutcho Copper's Total Current Liabilities and Short Term Investments is 0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Kutcho Copper Corp, assuming nothing else is changed. The correlation between historical values of Kutcho Copper's Total Current Liabilities and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Kutcho Copper Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Kutcho Copper's Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Kutcho Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kutcho Copper Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Kutcho Copper balance sheet. It contains any investments Kutcho Copper Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Kutcho Copper Corp can easily liquidate in the marketplace.
Most indicators from Kutcho Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kutcho Copper Corp 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 Kutcho Copper Corp. 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.
Enterprise Value is likely to climb to about 18.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 907.1 K in 2024.
 2021 2023 2024 (projected)
Interest Expense3.1M3.8M4.0M
Income Tax Expense3.6M4.1M4.3M

Kutcho Copper fundamental ratios Correlations

0.990.470.270.920.950.18-0.870.450.411.00.690.580.94-0.220.070.910.50.940.350.39-0.120.960.910.89-0.47
0.990.40.330.870.950.27-0.890.40.390.990.680.540.92-0.180.10.940.490.940.250.39-0.160.940.930.85-0.47
0.470.40.190.510.43-0.02-0.310.660.610.450.330.270.37-0.14-0.060.360.590.390.95-0.01-0.130.40.380.41-0.07
0.270.330.19-0.010.230.81-0.360.530.140.26-0.070.350.070.110.320.510.320.33-0.030.09-0.170.070.47-0.07-0.07
0.920.870.51-0.010.88-0.16-0.680.310.380.920.790.580.96-0.29-0.220.680.420.850.490.38-0.120.970.670.99-0.49
0.950.950.430.230.880.14-0.870.450.310.960.640.550.930.0-0.010.860.410.880.320.42-0.10.940.860.86-0.63
0.180.27-0.020.81-0.160.14-0.280.250.20.17-0.070.04-0.080.240.520.50.330.23-0.230.04-0.32-0.070.48-0.21-0.18
-0.87-0.89-0.31-0.36-0.68-0.87-0.28-0.47-0.3-0.87-0.46-0.37-0.80.06-0.15-0.92-0.42-0.82-0.15-0.52-0.13-0.82-0.92-0.630.33
0.450.40.660.530.310.450.25-0.470.270.440.00.610.26-0.040.340.520.420.470.490.080.230.310.530.21-0.15
0.410.390.610.140.380.310.2-0.30.270.360.71-0.060.250.14-0.10.360.960.50.510.190.010.310.380.31-0.07
1.00.990.450.260.920.960.17-0.870.440.360.670.590.95-0.240.070.910.460.930.330.39-0.130.960.910.89-0.47
0.690.680.33-0.070.790.64-0.07-0.460.00.710.670.230.70.01-0.370.470.690.750.310.38-0.080.730.470.79-0.42
0.580.540.270.350.580.550.04-0.370.61-0.060.590.230.55-0.330.170.480.130.640.190.070.00.560.450.57-0.39
0.940.920.370.070.960.93-0.08-0.80.260.250.950.70.55-0.26-0.160.760.30.850.330.42-0.120.990.750.96-0.49
-0.22-0.18-0.140.11-0.290.00.240.06-0.040.14-0.240.01-0.33-0.26-0.15-0.120.2-0.15-0.170.020.08-0.25-0.12-0.31-0.4
0.070.1-0.060.32-0.22-0.010.52-0.150.34-0.10.07-0.370.17-0.16-0.150.350.020.05-0.27-0.49-0.19-0.110.37-0.260.15
0.910.940.360.510.680.860.5-0.920.520.360.910.470.480.76-0.120.350.510.880.150.33-0.110.791.00.63-0.36
0.50.490.590.320.420.410.33-0.420.420.960.460.690.130.30.20.020.510.630.440.180.050.380.520.34-0.14
0.940.940.390.330.850.880.23-0.820.470.50.930.750.640.85-0.150.050.880.630.240.440.040.890.860.82-0.44
0.350.250.95-0.030.490.32-0.23-0.150.490.510.330.310.190.33-0.17-0.270.150.440.240.05-0.120.330.160.41-0.1
0.390.39-0.010.090.380.420.04-0.520.080.190.390.380.070.420.02-0.490.330.180.440.050.510.420.310.37-0.34
-0.12-0.16-0.13-0.17-0.12-0.1-0.32-0.130.230.01-0.13-0.080.0-0.120.08-0.19-0.110.050.04-0.120.51-0.06-0.09-0.130.21
0.960.940.40.070.970.94-0.07-0.820.310.310.960.730.560.99-0.25-0.110.790.380.890.330.42-0.060.780.96-0.48
0.910.930.380.470.670.860.48-0.920.530.380.910.470.450.75-0.120.371.00.520.860.160.31-0.090.780.62-0.34
0.890.850.41-0.070.990.86-0.21-0.630.210.310.890.790.570.96-0.31-0.260.630.340.820.410.37-0.130.960.62-0.5
-0.47-0.47-0.07-0.07-0.49-0.63-0.180.33-0.15-0.07-0.47-0.42-0.39-0.49-0.40.15-0.36-0.14-0.44-0.1-0.340.21-0.48-0.34-0.5
Click cells to compare fundamentals

Kutcho Copper Account Relationship Matchups

Kutcho Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.3M52.1M61.8M70.2M69.4M72.9M
Short Long Term Debt Total18.2M21.5M24.3M28.0M32.2M33.8M
Other Current Liab90K223.8K210.5K918.1K39.2K37.3K
Total Current Liabilities1.8M4.1M637.5K918.1K84.4K80.2K
Total Stockholder Equity12.0M14.9M21.8M44.2M42.4M44.5M
Property Plant And Equipment Net45.7M46.8M59.1M65.3M67.6M71.0M
Net Debt24.0M24.7M(903.4K)(3.8M)(4.4M)(4.2M)
Retained Earnings(35.1M)(38.8M)(49.7M)(32.6M)(36.3M)(34.5M)
Accounts Payable100.2K155.9K427.0K499.9K38.2K36.3K
Cash265.8K3.3M903.4K3.8M901.7K741.1K
Non Current Assets Total46.0M47.3M59.8M65.6M67.8M71.2M
Cash And Short Term Investments283.3K3.5M903.4K3.8M4.4M4.6M
Net Receivables17.9K42.5K407.5K554.2K637.3K669.2K
Common Stock Shares Outstanding67.2M75.8M101.4M124.5M154.9M162.7M
Liabilities And Stockholders Equity46.3M52.1M61.8M70.2M80.8M84.8M
Other Stockholder Equity5.6M1.8M5.9M(1.0)(0.9)(0.85)
Total Liab34.3M37.2M40.0M26.0M27.1M28.4M
Total Current Assets340.6K4.9M2.0M4.7M1.6M1.1M
Accumulated Other Comprehensive Income5.6M4.8M5.9M5.2M6.0M6.3M
Other Current Assets39.5K216.0K645.4K266.0K305.8K276.4K
Common Stock41.4M47.2M65.5M71.6M82.4M86.5M
Non Current Liabilities Total32.5M33.1M39.4M25.1M27.0M22.8M
Net Tangible Assets12.0M14.9M21.8M44.2M50.9M53.4M
Net Invested Capital36.2M42.9M21.8M44.2M42.4M35.4M
Net Working Capital(1.5M)724.0K1.3M3.7M1.5M1.2M
Other Liab9.9M8.8M39.4M25.1M28.8M17.8M
Non Current Liabilities Other9.4M9.7M8.6M39.2M45.1M47.4M
Capital Stock41.4M47.2M65.5M71.6M73.0M62.0M

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