KWESST Property Plant And Equipment Net vs Non Current Assets Total 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 Property Plant And Equipment Net and its Non Current Assets Total 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.

Property Plant And Equipment Net vs Non Current Assets Total

Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KWESST Micro Systems Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KWESST Micro's Property Plant And Equipment Net and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total 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 Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of KWESST Micro Systems are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., KWESST Micro's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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

0.810.840.76-0.72-0.930.850.850.810.860.90.920.080.760.830.140.88-0.88-0.43-0.470.90.780.910.060.820.73
0.810.930.45-0.72-0.920.870.870.990.930.880.96-0.010.610.99-0.010.8-0.81-0.78-0.680.810.750.84-0.020.90.98
0.840.930.36-0.51-0.960.760.760.881.00.80.940.340.730.910.340.9-0.88-0.66-0.810.870.920.910.320.950.83
0.760.450.36-0.84-0.530.790.790.540.410.790.62-0.440.50.52-0.340.45-0.52-0.30.160.540.270.49-0.450.290.47
-0.72-0.72-0.51-0.840.62-0.93-0.93-0.81-0.53-0.9-0.740.58-0.32-0.740.55-0.420.490.550.11-0.51-0.24-0.50.59-0.46-0.8
-0.93-0.92-0.96-0.530.62-0.82-0.82-0.89-0.98-0.86-0.97-0.21-0.8-0.93-0.25-0.940.940.580.67-0.94-0.89-0.96-0.2-0.91-0.83
0.850.870.760.79-0.93-0.821.00.920.770.990.92-0.290.530.88-0.260.64-0.69-0.71-0.360.690.540.7-0.310.680.89
0.850.870.760.79-0.93-0.821.00.920.770.990.92-0.290.530.88-0.260.64-0.69-0.71-0.360.690.540.7-0.310.680.89
0.810.990.880.54-0.81-0.890.920.920.880.920.95-0.140.570.98-0.140.75-0.78-0.79-0.590.780.680.8-0.150.850.99
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0.90.880.80.79-0.9-0.860.990.990.920.820.95-0.190.620.89-0.150.72-0.76-0.7-0.40.760.620.76-0.210.720.87
0.920.960.940.62-0.74-0.970.920.920.950.960.950.040.760.970.080.88-0.9-0.72-0.590.90.820.910.030.870.9
0.08-0.010.34-0.440.58-0.21-0.29-0.29-0.140.31-0.190.040.31-0.060.980.35-0.250.15-0.580.230.550.271.00.32-0.21
0.760.610.730.5-0.32-0.80.530.530.570.780.620.760.310.70.440.93-0.95-0.45-0.30.930.880.880.30.640.48
0.830.990.910.52-0.74-0.930.880.880.980.920.890.97-0.060.7-0.030.84-0.87-0.77-0.580.860.770.88-0.070.870.96
0.14-0.010.34-0.340.55-0.25-0.26-0.26-0.140.34-0.150.080.980.44-0.030.43-0.340.16-0.50.320.60.340.980.31-0.22
0.880.80.90.45-0.42-0.940.640.640.750.930.720.880.350.930.840.43-0.99-0.48-0.580.990.960.990.340.870.67
-0.88-0.81-0.88-0.520.490.94-0.69-0.69-0.78-0.91-0.76-0.9-0.25-0.95-0.87-0.34-0.990.520.5-0.99-0.93-0.98-0.24-0.82-0.7
-0.43-0.78-0.66-0.30.550.58-0.71-0.71-0.79-0.66-0.7-0.720.15-0.45-0.770.16-0.480.520.39-0.49-0.51-0.480.17-0.54-0.79
-0.47-0.68-0.810.160.110.67-0.36-0.36-0.59-0.76-0.4-0.59-0.58-0.3-0.58-0.5-0.580.50.39-0.5-0.7-0.6-0.58-0.84-0.57
0.90.810.870.54-0.51-0.940.690.690.780.90.760.90.230.930.860.320.99-0.99-0.49-0.50.920.990.210.850.71
0.780.750.920.27-0.24-0.890.540.540.680.930.620.820.550.880.770.60.96-0.93-0.51-0.70.920.930.540.870.6
0.910.840.910.49-0.5-0.960.70.70.80.930.760.910.270.880.880.340.99-0.98-0.48-0.60.990.930.260.910.74
0.06-0.020.32-0.450.59-0.2-0.31-0.31-0.150.3-0.210.031.00.3-0.070.980.34-0.240.17-0.580.210.540.260.31-0.23
0.820.90.950.29-0.46-0.910.680.680.850.940.720.870.320.640.870.310.87-0.82-0.54-0.840.850.870.910.310.81
0.730.980.830.47-0.8-0.830.890.890.990.830.870.9-0.210.480.96-0.220.67-0.7-0.79-0.570.710.60.74-0.230.81
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KWESST Micro Account Relationship Matchups

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