Kwesst Cash Per Share vs Average Inventory Analysis

KWE Stock

CAD 0.90 0.02 2.17%

Kwesst Micro financial indicator trend analysis is infinitely more than just investigating Kwesst Micro Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kwesst Micro Systems is a good investment. Please check the relationship between Kwesst Micro Cash Per Share and its Average Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kwesst Micro Systems. 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.

Cash Per Share vs Average Inventory

Cash Per Share vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kwesst Micro Systems Cash Per Share account and Average Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Kwesst Micro's Cash Per Share and Average Inventory is -0.35. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Kwesst Micro Systems, assuming nothing else is changed. The correlation between historical values of Kwesst Micro's Cash Per Share and Average Inventory 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 Per Share of Kwesst Micro Systems are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Cash Per Share i.e., Kwesst Micro's Cash Per Share and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Per Share

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Most indicators from Kwesst Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kwesst Micro Systems 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 Kwesst Micro Systems. 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, Kwesst Micro's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 28.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.77 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	10.8M	13.3M	15.3M	12.7M
Cost Of Revenue	536.7K	1.4M	1.6M	1.0M

Total Operating Expenses Cost Of Revenue

Kwesst Micro fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Other Assets	Other Stockholder Equity	Total Assets	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Other Current Liab		0.83	-0.67	-0.84	0.1	-0.46	0.9	0.75	0.58	-0.7	0.63	0.87	-0.45	0.83	-0.97	0.92	0.65	0.81	-0.79	0.81	0.89	0.86	0.76	0.79	-0.6	-0.91
Total Current Liabilities	0.83		-0.86	-0.92	0.59	-0.55	0.76	0.83	0.7	-0.82	0.76	0.59	-0.86	0.73	-0.91	0.56	0.92	0.95	-0.99	0.62	0.66	0.94	0.97	0.97	-0.93	-0.58
Net Tangible Assets	-0.67	-0.86		0.67	-0.39	0.85	-0.39	-0.47	-0.39	0.57	-0.48	-0.48	0.73	-0.52	0.75	-0.4	-0.74	-0.8	0.83	-0.42	-0.54	-0.8	-0.83	-0.83	0.79	0.4
Retained Earnings	-0.84	-0.92	0.67		-0.56	0.25	-0.88	-0.96	-0.88	0.94	-0.92	-0.65	0.76	-0.66	0.92	-0.59	-0.81	-0.92	0.95	-0.56	-0.72	-0.94	-0.93	-0.94	0.85	0.58
Accounts Payable	0.1	0.59	-0.39	-0.56		-0.02	0.26	0.63	0.6	-0.61	0.62	-0.18	-0.9	0.15	-0.28	-0.27	0.74	0.54	-0.65	-0.03	-0.08	0.45	0.66	0.62	-0.83	0.2
Net Receivables	-0.46	-0.55	0.85	0.25	-0.02		-0.06	-0.02	0.13	0.07	0.03	-0.34	0.39	-0.37	0.48	-0.32	-0.43	-0.48	0.49	-0.32	-0.37	-0.48	-0.48	-0.48	0.44	0.33
Total Current Assets	0.9	0.76	-0.39	-0.88	0.26	-0.06		0.9	0.76	-0.79	0.77	0.77	-0.46	0.76	-0.89	0.81	0.63	0.76	-0.75	0.73	0.8	0.8	0.72	0.74	-0.59	-0.81
Common Stock	0.75	0.83	-0.47	-0.96	0.63	-0.02	0.9		0.92	-0.94	0.93	0.55	-0.74	0.65	-0.82	0.52	0.8	0.84	-0.87	0.56	0.61	0.83	0.85	0.85	-0.81	-0.54
Property Plant Equipment	0.58	0.7	-0.39	-0.88	0.6	0.13	0.76	0.92		-0.94	0.99	0.53	-0.63	0.52	-0.7	0.35	0.67	0.78	-0.75	0.44	0.58	0.78	0.78	0.78	-0.69	-0.35
Other Assets	-0.7	-0.82	0.57	0.94	-0.61	0.07	-0.79	-0.94	-0.94		-0.96	-0.51	0.73	-0.59	0.78	-0.46	-0.77	-0.82	0.85	-0.49	-0.57	-0.81	-0.84	-0.84	0.8	0.47
Other Stockholder Equity	0.63	0.76	-0.48	-0.92	0.62	0.03	0.77	0.93	0.99	-0.96		0.55	-0.69	0.55	-0.75	0.38	0.72	0.84	-0.81	0.46	0.61	0.83	0.84	0.84	-0.76	-0.37
Total Assets	0.87	0.59	-0.48	-0.65	-0.18	-0.34	0.77	0.55	0.53	-0.51	0.55		-0.14	0.78	-0.86	0.88	0.4	0.71	-0.56	0.82	1.0	0.78	0.58	0.63	-0.31	-0.84
Total Stockholder Equity	-0.45	-0.86	0.73	0.76	-0.9	0.39	-0.46	-0.74	-0.63	0.73	-0.69	-0.14		-0.43	0.6	-0.07	-0.92	-0.79	0.89	-0.26	-0.24	-0.72	-0.88	-0.86	0.98	0.14
Other Liab	0.83	0.73	-0.52	-0.66	0.15	-0.37	0.76	0.65	0.52	-0.59	0.55	0.78	-0.43		-0.82	0.77	0.74	0.75	-0.66	0.98	0.8	0.74	0.66	0.7	-0.54	-0.85
Property Plant And Equipment Net	-0.97	-0.91	0.75	0.92	-0.28	0.48	-0.89	-0.82	-0.7	0.78	-0.75	-0.86	0.6	-0.82		-0.81	-0.76	-0.93	0.9	-0.77	-0.9	-0.96	-0.88	-0.91	0.73	0.8
Cash	0.92	0.56	-0.4	-0.59	-0.27	-0.32	0.81	0.52	0.35	-0.46	0.38	0.88	-0.07	0.77	-0.81		0.35	0.54	-0.49	0.82	0.87	0.62	0.44	0.49	-0.24	-0.98
Non Current Assets Total	0.65	0.92	-0.74	-0.81	0.74	-0.43	0.63	0.8	0.67	-0.77	0.72	0.4	-0.92	0.74	-0.76	0.35		0.88	-0.91	0.61	0.48	0.81	0.91	0.9	-0.95	-0.44
Long Term Debt	0.81	0.95	-0.8	-0.92	0.54	-0.48	0.76	0.84	0.78	-0.82	0.84	0.71	-0.79	0.75	-0.93	0.54	0.88		-0.96	0.66	0.77	0.99	0.98	0.99	-0.88	-0.55
Common Stock Shares Outstanding	-0.79	-0.99	0.83	0.95	-0.65	0.49	-0.75	-0.87	-0.75	0.85	-0.81	-0.56	0.89	-0.66	0.9	-0.49	-0.91	-0.96		-0.54	-0.64	-0.95	-0.99	-0.99	0.95	0.51
Non Current Liabilities Total	0.81	0.62	-0.42	-0.56	-0.03	-0.32	0.73	0.56	0.44	-0.49	0.46	0.82	-0.26	0.98	-0.77	0.82	0.61	0.66	-0.54		0.82	0.65	0.54	0.58	-0.39	-0.89
Capital Lease Obligations	0.89	0.66	-0.54	-0.72	-0.08	-0.37	0.8	0.61	0.58	-0.57	0.61	1.0	-0.24	0.8	-0.9	0.87	0.48	0.77	-0.64	0.82		0.83	0.66	0.7	-0.4	-0.83
Inventory	0.86	0.94	-0.8	-0.94	0.45	-0.48	0.8	0.83	0.78	-0.81	0.83	0.78	-0.72	0.74	-0.96	0.62	0.81	0.99	-0.95	0.65	0.83		0.96	0.98	-0.83	-0.6
Other Current Assets	0.76	0.97	-0.83	-0.93	0.66	-0.48	0.72	0.85	0.78	-0.84	0.84	0.58	-0.88	0.66	-0.88	0.44	0.91	0.98	-0.99	0.54	0.66	0.96		1.0	-0.95	-0.45
Total Liab	0.79	0.97	-0.83	-0.94	0.62	-0.48	0.74	0.85	0.78	-0.84	0.84	0.63	-0.86	0.7	-0.91	0.49	0.9	0.99	-0.99	0.58	0.7	0.98	1.0		-0.93	-0.5
Net Invested Capital	-0.6	-0.93	0.79	0.85	-0.83	0.44	-0.59	-0.81	-0.69	0.8	-0.76	-0.31	0.98	-0.54	0.73	-0.24	-0.95	-0.88	0.95	-0.39	-0.4	-0.83	-0.95	-0.93		0.29
Property Plant And Equipment Gross	-0.91	-0.58	0.4	0.58	0.2	0.33	-0.81	-0.54	-0.35	0.47	-0.37	-0.84	0.14	-0.85	0.8	-0.98	-0.44	-0.55	0.51	-0.89	-0.83	-0.6	-0.45	-0.5	0.29

Click cells to compare fundamentals

Kwesst Micro Account Relationship Matchups

Kwesst Micro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	42.5K	11.1K	47.3K	4.3M	5.0M	5.2M
Total Current Liabilities	1.1M	1.2M	6.9M	6.4M	7.3M	7.7M
Net Tangible Assets	(233.4K)	3.2M	2.7M	(5.7M)	(5.2M)	(4.9M)
Retained Earnings	(6.1M)	(15.4M)	(25.9M)	(35.2M)	(31.7M)	(30.1M)
Accounts Payable	493.0K	620.0K	2.3M	367.1K	422.2K	735.5K
Net Receivables	480.9K	699.3K	114.9K	68.5K	61.7K	58.6K
Total Current Assets	4.0M	4.1M	1.5M	6.8M	7.9M	8.3M
Common Stock	2.3M	9.4M	17.2M	19.5M	22.4M	23.5M
Property Plant Equipment	252.6K	501.7K	1.2M	1.0M	1.2M	724.4K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Kwesst Stock Analysis

When running Kwesst Micro's price analysis, check to measure Kwesst Micro'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 Kwesst Micro is operating at the current time. Most of Kwesst Micro's value examination focuses on studying past and present price action to predict the probability of Kwesst Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwesst Micro's price. Additionally, you may evaluate how the addition of Kwesst Micro to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC