KWESST Accounts Payable vs Total Current Liabilities Analysis

KWESW Stock

0.03 0.02 144.63%

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 Accounts Payable and its Total Current Liabilities 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 state.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KWESST Micro Systems Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.

The correlation between KWESST Micro's Accounts Payable and Total Current Liabilities is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities 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 Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of KWESST Micro Systems are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., KWESST Micro's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

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Accounts Payable

An accounting item on the balance sheet that represents KWESST Micro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of KWESST Micro Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on KWESST Micro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KWESST Micro Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 state.

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)
Interest Expense	512.0K	723.5K	832.1K	873.7K
Depreciation And Amortization	326.5K	952.5K	1.1M	1.2M

Interest Expense Depreciation And Amortization

KWESST Micro fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Short Term Debt	Long Term Debt	Short Term Investments
Total Assets		0.81	0.84	0.76	-0.72	-0.93	0.85	0.85	0.81	0.86	0.9	0.92	0.08	0.76	0.83	0.14	0.88	-0.88	-0.43	-0.47	0.9	0.78	0.91	0.06	0.82	0.73
Other Current Liab	0.81		0.93	0.45	-0.72	-0.92	0.87	0.87	0.99	0.93	0.88	0.96	-0.01	0.61	0.99	-0.01	0.8	-0.81	-0.78	-0.68	0.81	0.75	0.84	-0.02	0.9	0.98
Total Current Liabilities	0.84	0.93		0.36	-0.51	-0.96	0.76	0.76	0.88	1.0	0.8	0.94	0.34	0.73	0.91	0.34	0.9	-0.88	-0.66	-0.81	0.87	0.92	0.91	0.32	0.95	0.83
Total Stockholder Equity	0.76	0.45	0.36		-0.84	-0.53	0.79	0.79	0.54	0.41	0.79	0.62	-0.44	0.5	0.52	-0.34	0.45	-0.52	-0.3	0.16	0.54	0.27	0.49	-0.45	0.29	0.47
Net Debt	-0.72	-0.72	-0.51	-0.84		0.62	-0.93	-0.93	-0.81	-0.53	-0.9	-0.74	0.58	-0.32	-0.74	0.55	-0.42	0.49	0.55	0.11	-0.51	-0.24	-0.5	0.59	-0.46	-0.8
Retained Earnings	-0.93	-0.92	-0.96	-0.53	0.62		-0.82	-0.82	-0.89	-0.98	-0.86	-0.97	-0.21	-0.8	-0.93	-0.25	-0.94	0.94	0.58	0.67	-0.94	-0.89	-0.96	-0.2	-0.91	-0.83
Cash	0.85	0.87	0.76	0.79	-0.93	-0.82		1.0	0.92	0.77	0.99	0.92	-0.29	0.53	0.88	-0.26	0.64	-0.69	-0.71	-0.36	0.69	0.54	0.7	-0.31	0.68	0.89
Cash And Short Term Investments	0.85	0.87	0.76	0.79	-0.93	-0.82	1.0		0.92	0.77	0.99	0.92	-0.29	0.53	0.88	-0.26	0.64	-0.69	-0.71	-0.36	0.69	0.54	0.7	-0.31	0.68	0.89
Common Stock Shares Outstanding	0.81	0.99	0.88	0.54	-0.81	-0.89	0.92	0.92		0.88	0.92	0.95	-0.14	0.57	0.98	-0.14	0.75	-0.78	-0.79	-0.59	0.78	0.68	0.8	-0.15	0.85	0.99
Total Liab	0.86	0.93	1.0	0.41	-0.53	-0.98	0.77	0.77	0.88		0.82	0.96	0.31	0.78	0.92	0.34	0.93	-0.91	-0.66	-0.76	0.9	0.93	0.93	0.3	0.94	0.83
Total Current Assets	0.9	0.88	0.8	0.79	-0.9	-0.86	0.99	0.99	0.92	0.82		0.95	-0.19	0.62	0.89	-0.15	0.72	-0.76	-0.7	-0.4	0.76	0.62	0.76	-0.21	0.72	0.87
Common Stock	0.92	0.96	0.94	0.62	-0.74	-0.97	0.92	0.92	0.95	0.96	0.95		0.04	0.76	0.97	0.08	0.88	-0.9	-0.72	-0.59	0.9	0.82	0.91	0.03	0.87	0.9
Short Long Term Debt Total	0.08	-0.01	0.34	-0.44	0.58	-0.21	-0.29	-0.29	-0.14	0.31	-0.19	0.04		0.31	-0.06	0.98	0.35	-0.25	0.15	-0.58	0.23	0.55	0.27	1.0	0.32	-0.21
Property Plant And Equipment Net	0.76	0.61	0.73	0.5	-0.32	-0.8	0.53	0.53	0.57	0.78	0.62	0.76	0.31		0.7	0.44	0.93	-0.95	-0.45	-0.3	0.93	0.88	0.88	0.3	0.64	0.48
Current Deferred Revenue	0.83	0.99	0.91	0.52	-0.74	-0.93	0.88	0.88	0.98	0.92	0.89	0.97	-0.06	0.7		-0.03	0.84	-0.87	-0.77	-0.58	0.86	0.77	0.88	-0.07	0.87	0.96
Accounts Payable	0.14	-0.01	0.34	-0.34	0.55	-0.25	-0.26	-0.26	-0.14	0.34	-0.15	0.08	0.98	0.44	-0.03		0.43	-0.34	0.16	-0.5	0.32	0.6	0.34	0.98	0.31	-0.22
Non Current Assets Total	0.88	0.8	0.9	0.45	-0.42	-0.94	0.64	0.64	0.75	0.93	0.72	0.88	0.35	0.93	0.84	0.43		-0.99	-0.48	-0.58	0.99	0.96	0.99	0.34	0.87	0.67
Non Currrent Assets Other	-0.88	-0.81	-0.88	-0.52	0.49	0.94	-0.69	-0.69	-0.78	-0.91	-0.76	-0.9	-0.25	-0.95	-0.87	-0.34	-0.99		0.52	0.5	-0.99	-0.93	-0.98	-0.24	-0.82	-0.7
Other Assets	-0.43	-0.78	-0.66	-0.3	0.55	0.58	-0.71	-0.71	-0.79	-0.66	-0.7	-0.72	0.15	-0.45	-0.77	0.16	-0.48	0.52		0.39	-0.49	-0.51	-0.48	0.17	-0.54	-0.79
Net Receivables	-0.47	-0.68	-0.81	0.16	0.11	0.67	-0.36	-0.36	-0.59	-0.76	-0.4	-0.59	-0.58	-0.3	-0.58	-0.5	-0.58	0.5	0.39		-0.5	-0.7	-0.6	-0.58	-0.84	-0.57
Non Current Liabilities Total	0.9	0.81	0.87	0.54	-0.51	-0.94	0.69	0.69	0.78	0.9	0.76	0.9	0.23	0.93	0.86	0.32	0.99	-0.99	-0.49	-0.5		0.92	0.99	0.21	0.85	0.71
Other Current Assets	0.78	0.75	0.92	0.27	-0.24	-0.89	0.54	0.54	0.68	0.93	0.62	0.82	0.55	0.88	0.77	0.6	0.96	-0.93	-0.51	-0.7	0.92		0.93	0.54	0.87	0.6
Other Stockholder Equity	0.91	0.84	0.91	0.49	-0.5	-0.96	0.7	0.7	0.8	0.93	0.76	0.91	0.27	0.88	0.88	0.34	0.99	-0.98	-0.48	-0.6	0.99	0.93		0.26	0.91	0.74
Short Term Debt	0.06	-0.02	0.32	-0.45	0.59	-0.2	-0.31	-0.31	-0.15	0.3	-0.21	0.03	1.0	0.3	-0.07	0.98	0.34	-0.24	0.17	-0.58	0.21	0.54	0.26		0.31	-0.23
Long Term Debt	0.82	0.9	0.95	0.29	-0.46	-0.91	0.68	0.68	0.85	0.94	0.72	0.87	0.32	0.64	0.87	0.31	0.87	-0.82	-0.54	-0.84	0.85	0.87	0.91	0.31		0.81
Short Term Investments	0.73	0.98	0.83	0.47	-0.8	-0.83	0.89	0.89	0.99	0.83	0.87	0.9	-0.21	0.48	0.96	-0.22	0.67	-0.7	-0.79	-0.57	0.71	0.6	0.74	-0.23	0.81

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KWESST Micro Account Relationship Matchups

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KWESST Accounts Payable vs Total Current Liabilities Analysis

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Current Liabilities

KWESST Micro fundamental ratios Correlations

KWESST Micro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for KWESST Stock Analysis

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Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.99	Other Current Liab
Current Deferred Revenue	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Cash

Non Current Liabilities Total	- 0.99	Non Currrent Assets Other
Non Currrent Assets Other	- 0.99	Non Current Assets Total
Other Stockholder Equity	- 0.98	Non Currrent Assets Other
Total Liab	- 0.98	Retained Earnings
Common Stock	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.96	Retained Earnings