Keen Cash vs Other Current Assets Analysis
| KVACW Stock | 0.05 0.00 0.00% |
Keen Vision financial indicator trend analysis is infinitely more than just investigating Keen Vision Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keen Vision Acquisition is a good investment. Please check the relationship between Keen Vision Cash and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keen Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash vs Other Current Assets
Cash vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keen Vision Acquisition Cash account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Keen Vision's Cash and Other Current Assets is 0.94. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Keen Vision Acquisition, assuming nothing else is changed. The correlation between historical values of Keen Vision's Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Keen Vision Acquisition are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Keen Vision's Cash and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Keen Vision Acquisition, which is listed under current asset account on Keen Vision Acquisition balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Keen Vision customers. The amounts must be unrestricted with restricted cash listed in a different Keen Vision account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Keen Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keen Vision Acquisition 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 Keen Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Issuance Of Capital Stock is likely to drop to about 86 M in 2024. Enterprise Value Over EBITDA is likely to drop to about (296.4 K) in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 3.1K | 697.0 | 478.7K | 502.6K | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Keen Vision fundamental ratios Correlations
Click cells to compare fundamentals
Keen Vision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Keen Vision's price analysis, check to measure Keen Vision'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 Keen Vision is operating at the current time. Most of Keen Vision's value examination focuses on studying past and present price action to predict the probability of Keen Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keen Vision's price. Additionally, you may evaluate how the addition of Keen Vision to your portfolios can decrease your overall portfolio volatility.