Keg Ev To Free Cash Flow vs Payout Ratio Analysis

KEG-UN Stock

CAD 15.26 0.23 1.53%

Keg Royalties financial indicator trend analysis is infinitely more than just investigating Keg Royalties recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keg Royalties is a good investment. Please check the relationship between Keg Royalties Ev To Free Cash Flow and its Payout Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Keg Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Ev To Free Cash Flow vs Payout Ratio

Ev To Free Cash Flow vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keg Royalties Ev To Free Cash Flow account and Payout Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between Keg Royalties' Ev To Free Cash Flow and Payout Ratio is 0.26. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of The Keg Royalties, assuming nothing else is changed. The correlation between historical values of Keg Royalties' Ev To Free Cash Flow and Payout 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 Ev To Free Cash Flow of The Keg Royalties are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Ev To Free Cash Flow i.e., Keg Royalties' Ev To Free Cash Flow and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Payout Ratio

Payout Ratio is the proportion of The Keg Royalties earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Keg Royalties dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Keg Royalties is paying out more in dividends than it makes in net income.

Most indicators from Keg Royalties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keg Royalties 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 The Keg Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

The current year's Sales General And Administrative To Revenue is expected to grow to 0.02, whereas Selling General Administrative is forecasted to decline to about 462.1 K.

	2021	2022	2023	2024 (projected)
Gross Profit	17.2M	27.1M	34.1M	20.6M
Total Revenue	17.2M	27.1M	34.1M	20.6M

Gross Profit Total Revenue

Keg Royalties fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Cash	Cash And Short Term Investments	Other Stockholder Equity	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Long Term Debt
Total Assets		0.19	0.42	0.41	0.59	-0.5	-0.34	0.94	-0.59	0.54	0.49	0.88	0.4	0.89	0.75	0.77	0.92	-0.17	0.64	0.64	-0.45	0.73	-0.64	-0.61	0.02	-0.18
Short Long Term Debt Total	0.19		-0.54	0.08	-0.22	0.44	0.06	0.18	-0.26	0.07	0.05	0.21	-0.1	0.21	0.09	-0.03	-0.09	-0.14	0.03	0.03	-0.13	-0.19	0.22	0.21	0.89	-1.0
Other Current Liab	0.42	-0.54		0.46	0.17	-0.56	0.02	0.49	-0.01	0.73	0.22	0.4	0.22	0.41	0.6	0.46	0.64	-0.24	0.34	0.34	-0.14	0.6	-0.5	-0.66	-0.7	0.53
Total Current Liabilities	0.41	0.08	0.46		0.23	-0.63	0.45	0.43	0.06	0.62	0.14	0.37	0.23	0.4	0.84	0.12	0.4	-0.15	0.74	0.74	-0.1	0.44	-0.06	-0.18	-0.08	-0.1
Total Stockholder Equity	0.59	-0.22	0.17	0.23		-0.51	-0.14	0.58	-0.09	0.02	0.44	0.33	0.32	0.34	0.34	0.31	0.65	0.44	0.45	0.45	-0.2	0.58	-0.3	-0.01	-0.31	0.22
Net Debt	-0.5	0.44	-0.56	-0.63	-0.51		0.11	-0.41	0.23	-0.27	-0.32	-0.43	-0.25	-0.44	-0.75	-0.44	-0.55	0.06	-0.89	-0.89	0.22	-0.55	0.45	0.48	0.42	-0.43
Accounts Payable	-0.34	0.06	0.02	0.45	-0.14	0.11		-0.25	0.56	0.34	0.06	-0.19	-0.39	-0.17	0.1	-0.5	-0.3	-0.14	-0.1	-0.1	0.14	0.04	0.5	0.46	0.01	-0.09
Non Current Assets Total	0.94	0.18	0.49	0.43	0.58	-0.41	-0.25		-0.39	0.6	0.52	0.78	0.38	0.78	0.72	0.71	0.96	-0.06	0.53	0.53	-0.31	0.75	-0.6	-0.53	-0.12	-0.18
Non Currrent Assets Other	-0.59	-0.26	-0.01	0.06	-0.09	0.23	0.56	-0.39		-0.12	-0.08	-0.53	-0.24	-0.52	-0.32	-0.82	-0.37	0.18	-0.38	-0.38	0.49	-0.09	0.76	0.68	-0.35	0.23
Net Receivables	0.54	0.07	0.73	0.62	0.02	-0.27	0.34	0.6	-0.12		0.37	0.65	-0.01	0.66	0.74	0.41	0.58	-0.53	0.33	0.33	-0.33	0.64	-0.32	-0.52	-0.14	-0.09
Common Stock Shares Outstanding	0.49	0.05	0.22	0.14	0.44	-0.32	0.06	0.52	-0.08	0.37		0.62	-0.51	0.62	0.46	0.34	0.51	-0.34	0.36	0.36	-0.32	0.77	-0.22	-0.08	-0.1	-0.06
Non Current Liabilities Total	0.88	0.21	0.4	0.37	0.33	-0.43	-0.19	0.78	-0.53	0.65	0.62		0.1	1.0	0.74	0.65	0.75	-0.6	0.57	0.57	-0.55	0.81	-0.49	-0.6	0.13	-0.22
Other Current Assets	0.4	-0.1	0.22	0.23	0.32	-0.25	-0.39	0.38	-0.24	-0.01	-0.51	0.1		0.1	0.17	0.28	0.42	0.38	0.23	0.23	0.1	0.02	-0.32	-0.37	-0.17	0.12
Total Liab	0.89	0.21	0.41	0.4	0.34	-0.44	-0.17	0.78	-0.52	0.66	0.62	1.0	0.1		0.76	0.65	0.76	-0.6	0.59	0.59	-0.55	0.81	-0.48	-0.6	0.13	-0.22
Total Current Assets	0.75	0.09	0.6	0.84	0.34	-0.75	0.1	0.72	-0.32	0.74	0.46	0.74	0.17	0.76		0.54	0.71	-0.34	0.87	0.87	-0.37	0.69	-0.44	-0.55	-0.07	-0.1
Short Term Debt	0.77	-0.03	0.46	0.12	0.31	-0.44	-0.5	0.71	-0.82	0.41	0.34	0.65	0.28	0.65	0.54		0.75	-0.15	0.47	0.47	-0.44	0.47	-0.97	-0.84	-0.14	0.05
Intangible Assets	0.92	-0.09	0.64	0.4	0.65	-0.55	-0.3	0.96	-0.37	0.58	0.51	0.75	0.42	0.76	0.71	0.75		-0.04	0.55	0.55	-0.3	0.81	-0.69	-0.62	-0.34	0.09
Retained Earnings	-0.17	-0.14	-0.24	-0.15	0.44	0.06	-0.14	-0.06	0.18	-0.53	-0.34	-0.6	0.38	-0.6	-0.34	-0.15	-0.04		-0.12	-0.12	0.36	-0.39	0.03	0.37	-0.23	0.16
Cash	0.64	0.03	0.34	0.74	0.45	-0.89	-0.1	0.53	-0.38	0.33	0.36	0.57	0.23	0.59	0.87	0.47	0.55	-0.12		1.0	-0.3	0.5	-0.39	-0.42	-0.01	-0.03
Cash And Short Term Investments	0.64	0.03	0.34	0.74	0.45	-0.89	-0.1	0.53	-0.38	0.33	0.36	0.57	0.23	0.59	0.87	0.47	0.55	-0.12	1.0		-0.3	0.5	-0.39	-0.42	-0.01	-0.03
Other Stockholder Equity	-0.45	-0.13	-0.14	-0.1	-0.2	0.22	0.14	-0.31	0.49	-0.33	-0.32	-0.55	0.1	-0.55	-0.37	-0.44	-0.3	0.36	-0.3	-0.3		-0.38	0.35	0.38	-0.2	0.14
Common Stock	0.73	-0.19	0.6	0.44	0.58	-0.55	0.04	0.75	-0.09	0.64	0.77	0.81	0.02	0.81	0.69	0.47	0.81	-0.39	0.5	0.5	-0.38		-0.38	-0.39	-0.36	0.17
Other Liab	-0.64	0.22	-0.5	-0.06	-0.3	0.45	0.5	-0.6	0.76	-0.32	-0.22	-0.49	-0.32	-0.48	-0.44	-0.97	-0.69	0.03	-0.39	-0.39	0.35	-0.38		0.83	0.3	-0.24
Net Tangible Assets	-0.61	0.21	-0.66	-0.18	-0.01	0.48	0.46	-0.53	0.68	-0.52	-0.08	-0.6	-0.37	-0.6	-0.55	-0.84	-0.62	0.37	-0.42	-0.42	0.38	-0.39	0.83		0.24	-0.23
Other Assets	0.02	0.89	-0.7	-0.08	-0.31	0.42	0.01	-0.12	-0.35	-0.14	-0.1	0.13	-0.17	0.13	-0.07	-0.14	-0.34	-0.23	-0.01	-0.01	-0.2	-0.36	0.3	0.24		-0.88
Long Term Debt	-0.18	-1.0	0.53	-0.1	0.22	-0.43	-0.09	-0.18	0.23	-0.09	-0.06	-0.22	0.12	-0.22	-0.1	0.05	0.09	0.16	-0.03	-0.03	0.14	0.17	-0.24	-0.23	-0.88

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Keg Royalties Account Relationship Matchups

Keg Royalties fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	245.0M	251.3M	254.3M	260.8M	261.0M	213.7M
Short Long Term Debt Total	14.0M	14.0M	14.0M	14.0M	13.9M	11.2M
Other Current Liab	2.4M	1.2M	2.4M	3.0M	3.7M	3.8M
Total Current Liabilities	2.7M	1.6M	3.1M	4.7M	4.6M	2.7M
Total Stockholder Equity	101.6M	117.1M	103.1M	95.5M	106.8M	104.5M
Net Debt	11.9M	11.0M	11.6M	10.7M	11.4M	9.9M
Non Current Assets Total	239.6M	246.9M	249.0M	254.0M	292.1M	209.3M
Non Currrent Assets Other	(182.8M)	(188.0M)	(194.3M)	(197.3M)	(203.8M)	59.9M
Net Receivables	3.4M	1.3M	2.9M	3.5M	4.1M	2.7M
Common Stock Shares Outstanding	15.4M	15.8M	16.2M	11.4M	16.8M	13.5M
Liabilities And Stockholders Equity	245.0M	251.3M	254.3M	260.8M	261.0M	213.7M
Non Current Liabilities Total	140.7M	132.5M	148.2M	160.7M	149.5M	95.4M
Total Liab	143.4M	134.2M	151.3M	165.3M	154.2M	98.1M
Total Current Assets	5.4M	4.4M	5.4M	6.8M	7.0M	4.5M
Short Term Debt	71.0M	71.0M	71.0M	71.0M	70.9M	49.0M
Intangible Assets	182.6M	189.9M	192.0M	197.0M	226.5M	179.2M
Retained Earnings	(21.6M)	(6.2M)	(20.2M)	(27.8M)	(16.4M)	(17.3M)
Cash	2.1M	3.0M	2.4M	3.3M	2.5M	2.0M
Cash And Short Term Investments	2.1M	3.0M	2.4M	3.3M	2.5M	2.0M
Other Liab	2.5M	2.5M	2.6M	2.6M	2.3M	2.2M
Net Tangible Assets	(79.4M)	(81.0M)	(72.8M)	(88.9M)	(80.0M)	(84.0M)
Long Term Debt	14.0M	14.0M	14.0M	14.0M	13.9M	15.4M
Current Deferred Revenue	(71.0M)	(71.0M)	(71.0M)	(71.0M)	(70.9M)	(74.5M)
Non Current Liabilities Other	124.3M	116.0M	131.7M	144.0M	132.9M	141.8M
Net Invested Capital	115.6M	131.1M	117.0M	109.4M	120.8M	125.9M
Net Working Capital	2.8M	2.8M	2.3M	2.2M	2.4M	2.0M

Pair Trading with Keg Royalties

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

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

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

Balance Sheet is a snapshot of the financial position of Keg Royalties at a specified time, usually calculated after every quarter, six months, or one year. Keg Royalties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Keg Royalties 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 Keg currently owns. An asset can also be divided into two categories, current and non-current.

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Keg Ev To Free Cash Flow vs Payout Ratio Analysis

Ev To Free Cash Flow vs Payout Ratio

Ev To Free Cash Flow vs Payout Ratio Correlation Analysis

Correlation Coefficient

Ev To Free Cash Flow

Payout Ratio

Keg Royalties fundamental ratios Correlations

Keg Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Keg Royalties fundamental ratios Accounts

Pair Trading with Keg Royalties

Other Information on Investing in Keg Stock

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Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 0.96	Non Current Assets Total
Non Current Assets Total	+ 0.94	Total Assets
Intangible Assets	+ 0.92	Total Assets
Total Liab	+ 0.89	Total Assets

Long Term Debt	- 1.0	Short Long Term Debt Total
Other Liab	- 0.97	Short Term Debt
Cash And Short Term Investments	- 0.89	Net Debt
Cash	- 0.89	Net Debt
Long Term Debt	- 0.88	Other Assets
Net Tangible Assets	- 0.84	Short Term Debt