K92 Non Current Liabilities Total vs Net Debt Analysis

KNT Stock  CAD 9.53  0.21  2.16%   
K92 Mining financial indicator trend analysis is infinitely more than just investigating K92 Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether K92 Mining is a good investment. Please check the relationship between K92 Mining Non Current Liabilities Total and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K92 Mining. 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.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of K92 Mining Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between K92 Mining's Non Current Liabilities Total and Net Debt is -0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of K92 Mining, assuming nothing else is changed. The correlation between historical values of K92 Mining's Non Current Liabilities Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of K92 Mining are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., K92 Mining's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from K92 Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into K92 Mining 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 K92 Mining. 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, K92 Mining's Selling General Administrative is very stable compared to the past year. As of the 13th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Tax Provision is likely to drop about 10.3 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses23.5M26.4M32.7M34.3M
Cost Of Revenue83.3M96.3M111.4M117.0M

K92 Mining fundamental ratios Correlations

0.280.991.00.99-0.940.970.950.990.140.140.960.970.990.910.980.980.980.770.980.630.970.850.810.690.94
0.280.380.260.23-0.420.140.410.250.160.390.390.260.190.410.270.390.330.460.40.390.210.430.440.30.23
0.990.380.980.97-0.930.930.940.980.170.260.950.960.970.90.981.00.970.841.00.680.940.890.850.710.9
1.00.260.980.99-0.930.980.950.990.130.120.960.970.990.910.970.980.980.760.980.620.980.840.80.690.94
0.990.230.970.99-0.90.970.90.990.120.120.920.930.980.910.960.970.950.710.970.560.960.830.790.620.96
-0.94-0.42-0.93-0.93-0.9-0.92-0.99-0.89-0.140.0-0.99-0.93-0.93-0.93-0.91-0.92-0.98-0.71-0.9-0.59-0.9-0.85-0.8-0.62-0.9
0.970.140.930.980.97-0.920.930.960.09-0.060.950.950.980.90.930.920.970.650.920.530.980.760.720.630.95
0.950.410.940.950.9-0.990.930.90.140.051.00.950.940.920.930.940.990.740.920.670.920.840.830.690.89
0.990.250.980.990.99-0.890.960.90.140.180.920.940.980.880.970.970.950.770.980.60.970.830.80.670.94
0.140.160.170.130.12-0.140.090.140.140.230.130.160.130.10.170.180.140.330.170.180.10.340.30.20.07
0.140.390.260.120.120.0-0.060.050.180.230.040.160.090.00.250.290.080.590.30.530.020.380.40.38-0.08
0.960.390.950.960.92-0.990.951.00.920.130.040.960.950.930.940.950.990.740.930.650.930.840.830.680.91
0.970.260.960.970.93-0.930.950.950.940.160.160.960.970.860.960.950.980.820.950.680.950.830.770.780.85
0.990.190.970.990.98-0.930.980.940.980.130.090.950.970.90.970.970.980.740.960.620.970.830.80.690.93
0.910.410.90.910.91-0.930.90.920.880.10.00.930.860.90.840.90.920.590.890.530.880.780.750.580.93
0.980.270.980.970.96-0.910.930.930.970.170.250.940.960.970.840.980.960.840.970.690.920.890.850.690.88
0.980.391.00.980.97-0.920.920.940.970.180.290.950.950.970.90.980.960.830.990.710.920.90.890.710.9
0.980.330.970.980.95-0.980.970.990.950.140.080.990.980.980.920.960.960.760.950.660.950.850.820.70.91
0.770.460.840.760.71-0.710.650.740.770.330.590.740.820.740.590.840.830.760.850.770.70.860.820.80.55
0.980.41.00.980.97-0.90.920.920.980.170.30.930.950.960.890.970.990.950.850.670.940.880.840.720.89
0.630.390.680.620.56-0.590.530.670.60.180.530.650.680.620.530.690.710.660.770.670.590.620.810.880.42
0.970.210.940.980.96-0.90.980.920.970.10.020.930.950.970.880.920.920.950.70.940.590.730.720.720.92
0.850.430.890.840.83-0.850.760.840.830.340.380.840.830.830.780.890.90.850.860.880.620.730.910.570.76
0.810.440.850.80.79-0.80.720.830.80.30.40.830.770.80.750.850.890.820.820.840.810.720.910.670.73
0.690.30.710.690.62-0.620.630.690.670.20.380.680.780.690.580.690.710.70.80.720.880.720.570.670.46
0.940.230.90.940.96-0.90.950.890.940.07-0.080.910.850.930.930.880.90.910.550.890.420.920.760.730.46
Click cells to compare fundamentals

K92 Mining Account Relationship Matchups

K92 Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.0M215.5M273.0M370.7M412.8M433.5M
Other Current Liab10.1M280K425K31.3M1.2M1.1M
Total Current Liabilities22.2M29.7M33.0M48.2M47.9M50.3M
Total Stockholder Equity124.7M181.5M225.1M309.3M350.9M368.4M
Property Plant And Equipment Net78.4M98.6M141.7M194.8M265.3M278.6M
Net Debt(7.2M)(44.1M)(57.2M)(99.8M)(67.9M)(64.5M)
Retained Earnings36.1M78.1M105.3M140.9M174.0M182.7M
Cash21.6M51.5M71.3M109.9M72.7M76.3M
Non Current Assets Total107.8M115.0M151.5M197.4M265.3M278.6M
Other Assets29.7M16.5M11.7M6.9M8.0M10.0M
Cash And Short Term Investments21.6M51.5M71.3M109.9M79.1M83.1M
Net Receivables13.1M26.1M23.2M29.3M27.8M29.2M
Liabilities And Stockholders Equity155.0M215.5M273.0M370.7M412.8M433.5M
Inventory11.5M21.0M25.4M28.5M36.0M37.8M
Other Current Assets1.0M2.0M1.6M5.6M4.5M4.7M
Other Stockholder Equity12.1M20.2M28.0M26.6M31.0M32.5M
Total Liab30.3M34M47.9M61.4M61.9M65.0M
Total Current Assets47.2M100.5M121.5M173.3M147.5M154.9M
Common Stock Shares Outstanding209.6M224.1M226.8M233.3M238.4M131.0M
Accumulated Other Comprehensive Income(125.5K)(299.4K)(580.0K)(257K)(231.3K)(242.9K)
Common Stock77.1M83.5M92.0M142.1M146.2M153.5M
Short Long Term Debt Total14.4M7.4M14.1M10.1M4.8M6.8M
Accounts Payable3.3M7.8M9.8M11.5M13.7M7.3M
Non Current Liabilities Total8.1M4.4M14.9M13.3M14.1M7.9M
Short Term Debt8.8M6.1M4.8M5.3M4.2M3.3M
Other Liab2.5M3.0M5.6M8.5M9.7M10.2M
Net Tangible Assets124.7M181.5M225.1M309.3M355.7M373.5M
Long Term Debt Total5.7M1.3M9.3M4.8M5.5M4.9M
Capital Surpluse12.1M20.2M28.0M26.6M30.6M17.5M
Cash And Equivalents21.6M51.5M71.3M109.9M126.4M132.8M
Property Plant Equipment78.1M98.6M139.8M190.5M219.0M230.0M
Capital Lease Obligations1.2M2.5M14.1M10.1M4.8M5.4M
Net Invested Capital138.0M186.4M225.1M309.3M350.9M204.1M
Net Working Capital25.0M70.9M88.5M125.2M99.6M63.3M
Capital Stock77.1M83.5M92.0M142.1M146.2M109.3M

Pair Trading with K92 Mining

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 K92 Mining 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 K92 Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with K92 Stock

  0.68AG First Majestic SilverPairCorr
  0.62IE Ivanhoe EnergyPairCorr

Moving against K92 Stock

  0.5INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining 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 K92 Mining - 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 K92 Mining to buy it.
The correlation of K92 Mining 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 K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining 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 K92 Mining 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 CorrelationCorrelation Matching

Other Information on Investing in K92 Stock

Balance Sheet is a snapshot of the financial position of K92 Mining at a specified time, usually calculated after every quarter, six months, or one year. K92 Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of K92 Mining 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 K92 currently owns. An asset can also be divided into two categories, current and non-current.