Keg Selling General Administrative vs Depreciation And Amortization Analysis
KEG-UN Stock | CAD 15.04 0.09 0.59% |
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 Selling General Administrative and its Depreciation And Amortization 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keg Royalties Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Keg Royalties' Selling General Administrative and Depreciation And Amortization is 0.21. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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' Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of The Keg Royalties are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Keg Royalties' Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 |
Keg Royalties fundamental ratios Correlations
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Keg Royalties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.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.