KWESST Current Deferred Revenue vs Other Stockholder Equity 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 Current Deferred Revenue and its Other Stockholder Equity 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.

Current Deferred Revenue vs Other Stockholder Equity

Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KWESST Micro Systems Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between KWESST Micro's Current Deferred Revenue and Other Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity 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 Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of KWESST Micro Systems are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., KWESST Micro's Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Other Stockholder Equity

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 Expense512.0K723.5K832.1K873.7K
Depreciation And Amortization326.5K952.5K1.1M1.2M

KWESST Micro fundamental ratios Correlations

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KWESST Micro Account Relationship Matchups

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