| KDK Stock | | | 0.42 0.01 2.44% |
Kodiak Copper financial indicator trend analysis is infinitely more than just investigating Kodiak Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kodiak Copper Corp is a good investment. Please check the relationship between Kodiak Copper Net Invested Capital and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kodiak 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.
Net Invested Capital vs Total Current Liabilities
Net Invested Capital vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kodiak Copper Corp Net Invested Capital account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kodiak Copper's Net Invested Capital and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Kodiak Copper Corp, assuming nothing else is changed. The correlation between historical values of Kodiak Copper's Net Invested Capital and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Kodiak Copper Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Invested Capital i.e., Kodiak Copper's Net Invested Capital and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Total Current Liabilities
Total Current Liabilities is an item on Kodiak 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 Kodiak 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.
Most indicators from Kodiak Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kodiak 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 Kodiak 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.
Tax Provision is likely to climb to about 952.7
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
Kodiak Copper fundamental ratios Correlations
Click cells to compare fundamentals
Kodiak Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kodiak Copper fundamental ratios Accounts
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Additional Tools for Kodiak Stock Analysis
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measure Kodiak 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 Kodiak Copper is operating at the current time. Most of Kodiak Copper's value examination focuses on studying past and present price action to
predict the probability of Kodiak 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 Kodiak Copper's price. Additionally, you may evaluate how the addition of Kodiak Copper to your portfolios can decrease your overall portfolio volatility.