| KOSS Stock | | | USD 7.20 0.17 2.31% |
Koss financial indicator trend analysis is infinitely more than just investigating Koss recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koss is a good investment. Please check the relationship between Koss Net Income and its Capital Expenditures accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koss Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Koss Net Income account and
Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Koss' Net Income and Capital Expenditures is 0.06. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Koss Corporation, assuming nothing else is changed. The correlation between historical values of Koss' Net Income and Capital Expenditures 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 Income of Koss Corporation are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Koss' Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Koss financial statement analysis. It represents the amount of money remaining after all of Koss Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Capital Expenditures
Capital Expenditures are funds used by Koss to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Koss operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Koss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koss 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 Koss Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to drop to about 91.2
K in 2024.
Tax Provision is likely to gain to about (69.9
K) in 2024
Koss fundamental ratios Correlations
Click cells to compare fundamentals
Koss Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Koss fundamental ratios Accounts
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Additional Tools for Koss Stock Analysis
When running Koss' price analysis, check to
measure Koss' 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 Koss is operating at the current time. Most of Koss' value examination focuses on studying past and present price action to
predict the probability of Koss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koss' price. Additionally, you may evaluate how the addition of Koss to your portfolios can decrease your overall portfolio volatility.