Kwesst Other Current Liab vs Property Plant And Equipment Net 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 Other Current Liab and its Property Plant And Equipment Net 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.

Other Current Liab vs Property Plant And Equipment Net

Other Current Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kwesst Micro Systems Other Current Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Kwesst Micro's Other Current Liab and Property Plant And Equipment Net is -0.97. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net 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 Other Current Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Kwesst Micro Systems are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Liab i.e., Kwesst Micro's Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expenses10.8M13.3M15.3M12.7M
Cost Of Revenue536.7K1.4M1.6M1.0M

Kwesst Micro fundamental ratios Correlations

0.83-0.67-0.840.1-0.460.90.750.58-0.70.630.87-0.450.83-0.970.920.650.81-0.790.810.890.860.760.79-0.6-0.91
0.83-0.86-0.920.59-0.550.760.830.7-0.820.760.59-0.860.73-0.910.560.920.95-0.990.620.660.940.970.97-0.93-0.58
-0.67-0.860.67-0.390.85-0.39-0.47-0.390.57-0.48-0.480.73-0.520.75-0.4-0.74-0.80.83-0.42-0.54-0.8-0.83-0.830.790.4
-0.84-0.920.67-0.560.25-0.88-0.96-0.880.94-0.92-0.650.76-0.660.92-0.59-0.81-0.920.95-0.56-0.72-0.94-0.93-0.940.850.58
0.10.59-0.39-0.56-0.020.260.630.6-0.610.62-0.18-0.90.15-0.28-0.270.740.54-0.65-0.03-0.080.450.660.62-0.830.2
-0.46-0.550.850.25-0.02-0.06-0.020.130.070.03-0.340.39-0.370.48-0.32-0.43-0.480.49-0.32-0.37-0.48-0.48-0.480.440.33
0.90.76-0.39-0.880.26-0.060.90.76-0.790.770.77-0.460.76-0.890.810.630.76-0.750.730.80.80.720.74-0.59-0.81
0.750.83-0.47-0.960.63-0.020.90.92-0.940.930.55-0.740.65-0.820.520.80.84-0.870.560.610.830.850.85-0.81-0.54
0.580.7-0.39-0.880.60.130.760.92-0.940.990.53-0.630.52-0.70.350.670.78-0.750.440.580.780.780.78-0.69-0.35
-0.7-0.820.570.94-0.610.07-0.79-0.94-0.94-0.96-0.510.73-0.590.78-0.46-0.77-0.820.85-0.49-0.57-0.81-0.84-0.840.80.47
0.630.76-0.48-0.920.620.030.770.930.99-0.960.55-0.690.55-0.750.380.720.84-0.810.460.610.830.840.84-0.76-0.37
0.870.59-0.48-0.65-0.18-0.340.770.550.53-0.510.55-0.140.78-0.860.880.40.71-0.560.821.00.780.580.63-0.31-0.84
-0.45-0.860.730.76-0.90.39-0.46-0.74-0.630.73-0.69-0.14-0.430.6-0.07-0.92-0.790.89-0.26-0.24-0.72-0.88-0.860.980.14
0.830.73-0.52-0.660.15-0.370.760.650.52-0.590.550.78-0.43-0.820.770.740.75-0.660.980.80.740.660.7-0.54-0.85
-0.97-0.910.750.92-0.280.48-0.89-0.82-0.70.78-0.75-0.860.6-0.82-0.81-0.76-0.930.9-0.77-0.9-0.96-0.88-0.910.730.8
0.920.56-0.4-0.59-0.27-0.320.810.520.35-0.460.380.88-0.070.77-0.810.350.54-0.490.820.870.620.440.49-0.24-0.98
0.650.92-0.74-0.810.74-0.430.630.80.67-0.770.720.4-0.920.74-0.760.350.88-0.910.610.480.810.910.9-0.95-0.44
0.810.95-0.8-0.920.54-0.480.760.840.78-0.820.840.71-0.790.75-0.930.540.88-0.960.660.770.990.980.99-0.88-0.55
-0.79-0.990.830.95-0.650.49-0.75-0.87-0.750.85-0.81-0.560.89-0.660.9-0.49-0.91-0.96-0.54-0.64-0.95-0.99-0.990.950.51
0.810.62-0.42-0.56-0.03-0.320.730.560.44-0.490.460.82-0.260.98-0.770.820.610.66-0.540.820.650.540.58-0.39-0.89
0.890.66-0.54-0.72-0.08-0.370.80.610.58-0.570.611.0-0.240.8-0.90.870.480.77-0.640.820.830.660.7-0.4-0.83
0.860.94-0.8-0.940.45-0.480.80.830.78-0.810.830.78-0.720.74-0.960.620.810.99-0.950.650.830.960.98-0.83-0.6
0.760.97-0.83-0.930.66-0.480.720.850.78-0.840.840.58-0.880.66-0.880.440.910.98-0.990.540.660.961.0-0.95-0.45
0.790.97-0.83-0.940.62-0.480.740.850.78-0.840.840.63-0.860.7-0.910.490.90.99-0.990.580.70.981.0-0.93-0.5
-0.6-0.930.790.85-0.830.44-0.59-0.81-0.690.8-0.76-0.310.98-0.540.73-0.24-0.95-0.880.95-0.39-0.4-0.83-0.95-0.930.29
-0.91-0.580.40.580.20.33-0.81-0.54-0.350.47-0.37-0.840.14-0.850.8-0.98-0.44-0.550.51-0.89-0.83-0.6-0.45-0.50.29
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Kwesst Micro Account Relationship Matchups

Kwesst Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab42.5K11.1K47.3K4.3M5.0M5.2M
Total Current Liabilities1.1M1.2M6.9M6.4M7.3M7.7M
Net Tangible Assets(233.4K)3.2M2.7M(5.7M)(5.2M)(4.9M)
Retained Earnings(6.1M)(15.4M)(25.9M)(35.2M)(31.7M)(30.1M)
Accounts Payable493.0K620.0K2.3M367.1K422.2K735.5K
Net Receivables480.9K699.3K114.9K68.5K61.7K58.6K
Total Current Assets4.0M4.1M1.5M6.8M7.9M8.3M
Common Stock2.3M9.4M17.2M19.5M22.4M23.5M
Property Plant Equipment252.6K501.7K1.2M1.0M1.2M724.4K

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