Kincora Pb Ratio vs Ptb Ratio Analysis

KCC Stock  CAD 0.04  0.01  33.33%   
Kincora Copper financial indicator trend analysis is infinitely more than just investigating Kincora Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kincora Copper is a good investment. Please check the relationship between Kincora Copper Pb Ratio and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kincora Copper. 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.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kincora Copper Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Kincora Copper's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Kincora Copper, assuming nothing else is changed. The correlation between historical values of Kincora Copper's Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Kincora Copper are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Kincora Copper's Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pb Ratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Kincora Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kincora Copper 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 Kincora Copper. 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, Kincora Copper's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 4.4 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (5.20).
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.3M2.0M1.5M1.9M
Other Operating Expenses3.3M2.0M1.6M1.9M

Kincora Copper fundamental ratios Correlations

0.470.990.910.010.360.120.940.290.110.10.40.040.470.310.88-0.830.440.30.370.250.40.43-0.770.920.43
0.470.40.540.48-0.17-0.190.52-0.37-0.19-0.070.08-0.341.0-0.020.47-0.490.140.80.840.780.150.39-0.50.430.39
0.990.40.85-0.010.360.120.910.330.120.080.410.060.40.320.86-0.790.440.240.320.190.40.3-0.760.880.3
0.910.540.850.20.19-0.090.970.27-0.10.190.110.00.540.030.72-0.850.150.410.420.370.110.68-0.580.980.68
0.010.48-0.010.2-0.8-0.950.27-0.04-0.95-0.26-0.69-0.410.48-0.83-0.26-0.21-0.650.530.420.6-0.64-0.070.280.18-0.07
0.36-0.170.360.19-0.80.780.130.180.770.250.810.13-0.170.830.52-0.110.78-0.5-0.35-0.560.760.32-0.490.190.32
0.12-0.190.12-0.09-0.950.78-0.16-0.131.00.250.780.36-0.190.910.430.10.76-0.28-0.14-0.360.750.14-0.48-0.110.14
0.940.520.910.970.270.13-0.160.34-0.170.120.11-0.030.520.00.72-0.860.150.40.420.370.110.51-0.580.980.51
0.29-0.370.330.27-0.040.18-0.130.34-0.130.27-0.12-0.15-0.37-0.15-0.05-0.11-0.17-0.43-0.47-0.41-0.19-0.020.220.4-0.02
0.11-0.190.12-0.1-0.950.771.0-0.17-0.130.250.780.36-0.190.910.420.10.76-0.28-0.15-0.360.750.13-0.47-0.120.13
0.1-0.070.080.19-0.260.250.250.120.270.25-0.1-0.09-0.070.05-0.050.09-0.14-0.16-0.22-0.17-0.180.310.150.140.31
0.40.080.410.11-0.690.810.780.11-0.120.78-0.10.150.080.970.71-0.171.0-0.20.0-0.280.990.11-0.760.10.11
0.04-0.340.060.0-0.410.130.36-0.03-0.150.36-0.090.15-0.340.250.26-0.130.170.130.150.10.130.07-0.260.040.07
0.471.00.40.540.48-0.17-0.190.52-0.37-0.19-0.070.08-0.34-0.020.47-0.490.140.80.840.780.150.39-0.50.430.39
0.31-0.020.320.03-0.830.830.910.0-0.150.910.050.970.25-0.020.63-0.070.95-0.24-0.05-0.320.950.11-0.690.010.11
0.880.470.860.72-0.260.520.430.72-0.050.42-0.050.710.260.470.63-0.730.750.320.460.240.710.43-0.970.690.43
-0.83-0.49-0.79-0.85-0.21-0.110.1-0.86-0.110.10.09-0.17-0.13-0.49-0.07-0.73-0.22-0.45-0.49-0.42-0.19-0.480.63-0.84-0.48
0.440.140.440.15-0.650.780.760.15-0.170.76-0.141.00.170.140.950.75-0.22-0.120.08-0.210.990.14-0.810.130.14
0.30.80.240.410.53-0.5-0.280.4-0.43-0.28-0.16-0.20.130.8-0.240.32-0.45-0.120.980.99-0.130.26-0.360.330.26
0.370.840.320.420.42-0.35-0.140.42-0.47-0.15-0.220.00.150.84-0.050.46-0.490.080.980.960.080.26-0.520.340.26
0.250.780.190.370.6-0.56-0.360.37-0.41-0.36-0.17-0.280.10.78-0.320.24-0.42-0.210.990.96-0.210.23-0.280.30.23
0.40.150.40.11-0.640.760.750.11-0.190.75-0.180.990.130.150.950.71-0.190.99-0.130.08-0.210.1-0.780.090.1
0.430.390.30.68-0.070.320.140.51-0.020.130.310.110.070.390.110.43-0.480.140.260.260.230.1-0.330.591.0
-0.77-0.5-0.76-0.580.28-0.49-0.48-0.580.22-0.470.15-0.76-0.26-0.5-0.69-0.970.63-0.81-0.36-0.52-0.28-0.78-0.33-0.54-0.33
0.920.430.880.980.180.19-0.110.980.4-0.120.140.10.040.430.010.69-0.840.130.330.340.30.090.59-0.540.59
0.430.390.30.68-0.070.320.140.51-0.020.130.310.110.070.390.110.43-0.480.140.260.260.230.11.0-0.330.59
Click cells to compare fundamentals

Kincora Copper Account Relationship Matchups

Kincora Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.3M28.5M16.3M16.1M17.8M26.1M
Total Current Liabilities824K832K681K464K248K235.6K
Total Stockholder Equity53.5M27.7M15.6M15.6M17.5M34.6M
Property Plant And Equipment Net50.6M23.7M10.7M13.5M74K70.3K
Net Debt(2.9M)(4.5M)(4.8M)(2.2M)(1.5M)(1.6M)
Accounts Payable799K765K636K405K202K191.9K
Cash2.9M4.5M4.8M2.2M1.5M2.2M
Non Current Assets Total50.6M23.7M10.9M13.7M16.1M15.2M
Non Currrent Assets Other51.4M50.6M201K175K16.0M11.9M
Cash And Short Term Investments2.9M4.5M4.8M2.2M1.5M2.3M
Net Receivables786K344K521K155K27K25.7K
Liabilities And Stockholders Equity54.3M28.5M16.3M16.1M17.8M26.1M
Other Current Assets786K344K521K155K144K136.8K
Other Stockholder Equity10.7M11.0M14.0M14.4M12.9M12.3M
Total Liab824K832K681K465K248K235.6K
Total Current Assets3.7M4.8M5.4M2.4M1.7M3.0M
Accumulated Other Comprehensive Income10.7M11.0M(247K)(284K)14.0M14.7M
Retained Earnings(129.6M)(161.8M)(184.4M)(186.4M)(187.8M)(178.4M)
Common Stock Shares Outstanding34.7M56.1M327.0M123.4M182.2M191.3M
Common Stock172.4M178.5M186.2M187.9M191.4M178.6M
Net Tangible Assets51.7M53.5M27.7M15.6M14.0M13.3M
Property Plant Equipment51.4M50.6M23.7M10.7M9.7M9.2M
Inventory(786K)(344K)(521K)(155K)(139.5K)(146.5K)
Net Invested Capital53.5M27.7M15.6M15.6M17.5M26.9M
Net Working Capital2.9M4.0M4.7M1.9M1.5M2.9M
Capital Stock172.4M178.5M186.2M187.9M191.4M198.5M

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Additional Tools for Kincora Stock Analysis

When running Kincora Copper's price analysis, check to measure Kincora Copper'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 Kincora Copper is operating at the current time. Most of Kincora Copper's value examination focuses on studying past and present price action to predict the probability of Kincora Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kincora Copper's price. Additionally, you may evaluate how the addition of Kincora Copper to your portfolios can decrease your overall portfolio volatility.