Karoon Cash And Short Term Investments vs Other Current Liab Analysis

KAR Stock   1.41  0.01  0.71%   
Karoon Energy financial indicator trend analysis is infinitely more than just investigating Karoon Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karoon Energy is a good investment. Please check the relationship between Karoon Energy Cash And Short Term Investments and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karoon Energy. 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 And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karoon Energy Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Karoon Energy's Cash And Short Term Investments and Other Current Liab is -0.26. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Karoon Energy, assuming nothing else is changed. The correlation between historical values of Karoon Energy's Cash And Short Term Investments and Other Current Liab 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 And Short Term Investments of Karoon Energy are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Karoon Energy's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Karoon Energy balance sheet. This account contains Karoon Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Karoon Energy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

Most indicators from Karoon Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karoon Energy 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 Karoon Energy. 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, Karoon Energy's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 50.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses306.9M476.8M411.3M431.9M
Total Revenue531.0M842.2M847.0M889.4M

Karoon Energy fundamental ratios Correlations

0.30.780.410.940.75-0.420.86-0.140.980.08-0.31-0.140.86-0.720.820.780.92-0.210.01-0.380.690.930.7-0.120.25
0.30.740.020.280.25-0.080.54-0.250.25-0.18-0.25-0.260.3-0.120.040.030.370.150.23-0.210.110.110.710.430.16
0.780.740.030.790.71-0.530.94-0.320.76-0.21-0.55-0.320.8-0.380.510.450.87-0.270.01-0.560.540.670.90.10.31
0.410.020.030.18-0.120.230.070.380.280.510.440.380.09-0.670.540.220.070.520.590.470.470.260.020.12-0.03
0.940.280.790.180.89-0.430.86-0.390.97-0.21-0.5-0.390.87-0.570.680.810.95-0.36-0.25-0.60.560.930.75-0.10.36
0.750.250.71-0.120.89-0.470.75-0.710.85-0.32-0.52-0.710.83-0.250.410.710.88-0.6-0.53-0.720.390.770.660.020.33
-0.42-0.08-0.530.23-0.43-0.47-0.630.12-0.430.150.530.12-0.660.17-0.53-0.12-0.610.720.10.59-0.74-0.36-0.390.22-0.05
0.860.540.940.070.860.75-0.63-0.240.85-0.17-0.55-0.240.91-0.430.640.530.94-0.39-0.03-0.610.660.790.81-0.090.33
-0.14-0.25-0.320.38-0.39-0.710.12-0.24-0.270.540.31.0-0.35-0.290.21-0.24-0.330.470.650.580.11-0.16-0.32-0.43-0.27
0.980.250.760.280.970.85-0.430.85-0.270.02-0.39-0.270.89-0.620.740.820.95-0.34-0.19-0.470.620.950.68-0.190.26
0.08-0.18-0.210.51-0.21-0.320.15-0.170.540.020.520.54-0.08-0.230.190.02-0.120.220.30.640.20.0-0.34-0.33-0.44
-0.31-0.25-0.550.44-0.5-0.520.53-0.550.3-0.390.520.3-0.480.01-0.15-0.37-0.530.590.410.66-0.18-0.39-0.560.26-0.24
-0.14-0.26-0.320.38-0.39-0.710.12-0.241.0-0.270.540.3-0.35-0.290.21-0.24-0.330.470.650.580.11-0.17-0.32-0.43-0.28
0.860.30.80.090.870.83-0.660.91-0.350.89-0.08-0.48-0.35-0.370.630.560.94-0.53-0.24-0.580.710.840.62-0.20.28
-0.72-0.12-0.38-0.67-0.57-0.250.17-0.43-0.29-0.62-0.230.01-0.29-0.37-0.89-0.65-0.47-0.21-0.460.01-0.58-0.54-0.42-0.01-0.01
0.820.040.510.540.680.41-0.530.640.210.740.19-0.150.210.63-0.890.610.66-0.130.35-0.240.830.690.43-0.120.09
0.780.030.450.220.810.71-0.120.53-0.240.820.02-0.37-0.240.56-0.650.610.68-0.28-0.28-0.40.270.790.45-0.20.2
0.920.370.870.070.950.88-0.610.94-0.330.95-0.12-0.53-0.330.94-0.470.660.68-0.48-0.22-0.620.650.90.77-0.180.29
-0.210.15-0.270.52-0.36-0.60.72-0.390.47-0.340.220.590.47-0.53-0.21-0.13-0.28-0.480.660.66-0.31-0.32-0.150.32-0.21
0.010.230.010.59-0.25-0.530.1-0.030.65-0.190.30.410.65-0.24-0.460.35-0.28-0.220.660.490.26-0.20.030.35-0.07
-0.38-0.21-0.560.47-0.6-0.720.59-0.610.58-0.470.640.660.58-0.580.01-0.24-0.4-0.620.660.49-0.24-0.45-0.440.03-0.23
0.690.110.540.470.560.39-0.740.660.110.620.2-0.180.110.71-0.580.830.270.65-0.310.26-0.240.550.4-0.130.06
0.930.110.670.260.930.77-0.360.79-0.160.950.0-0.39-0.170.84-0.540.690.790.9-0.32-0.2-0.450.550.56-0.320.34
0.70.710.90.020.750.66-0.390.81-0.320.68-0.34-0.56-0.320.62-0.420.430.450.77-0.150.03-0.440.40.560.20.37
-0.120.430.10.12-0.10.020.22-0.09-0.43-0.19-0.330.26-0.43-0.2-0.01-0.12-0.2-0.180.320.350.03-0.13-0.320.20.17
0.250.160.31-0.030.360.33-0.050.33-0.270.26-0.44-0.24-0.280.28-0.010.090.20.29-0.21-0.07-0.230.060.340.370.17
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Karoon Energy Account Relationship Matchups

Karoon Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets579.3M1.4B1.7B1.8B1.9B2.0B
Other Current Liab(22.0M)(35.1M)105.2M71.8M43.2M21.6M
Total Current Liabilities45.9M173.5M359.8M294.7M219.6M230.6M
Total Stockholder Equity523.2M506.5M401.7M711.5M911.9M510.4M
Property Plant And Equipment Net4.1M991.9M1.1B1.2B1.4B1.5B
Net Debt(429.7M)239.3M230.3M301.8M317.8M333.7M
Retained Earnings(494.7M)(551.9M)(696.3M)(474.4M)(192.9M)(202.5M)
Accounts Payable27.2M40.3M88.5M71.8M55.5M58.2M
Cash431.9M177.4M229.3M112.4M170.0M227.0M
Non Current Assets Total125.8M1.1B1.3B1.5B1.7B1.8B
Non Currrent Assets Other120.2M63.6M70.3M143.4M190.5M107.0M
Cash And Short Term Investments431.9M177.4M229.3M112.4M170.0M227.3M
Net Receivables13.7M45.5M81.9M106.8M56.3M59.1M
Liabilities And Stockholders Equity579.3M1.4B1.7B1.8B1.9B2.0B
Total Liab56.1M844.1M1.3B1.1B1.0B1.1B
Property Plant And Equipment Gross63.9M51.3M56.9M92M105.8M202.0M
Total Current Assets453.5M244.9M357.1M251.2M251.7M288.8M
Accumulated Other Comprehensive Income(58.8M)(147.2M)(221.8M)(177.4M)(103.3M)(98.1M)
Common Stock1.1B1.2B1.3B1.4B1.2B715.5M
Property Plant Equipment4.1M744.7M746.3M887.1M1.0B1.1B
Inventory1.6M14.6M28.2M13.1M18.7M19.6M
Other Current Assets7.9M7.4M17.6M18.9M6.8M6.4M
Other Liab17.5M236.0M368.2M292.1M335.9M352.7M
Non Current Liabilities Total10.2M670.6M931.5M782.1M796.6M836.4M
Short Long Term Debt Total2.2M416.7M459.6M414.2M487.8M512.2M
Current Deferred Revenue13.1M56.5M14.0M8.4M16.8M17.9M
Short Term Debt294.8K60.5M63.6M70.9M48.7M31.6M
Net Tangible Assets463.1M339.3M235.3M387.8M349.0M313.5M
Short Term Investments25.0M209K325K400K360K342K
Long Term Investments1.9M1.4M1.3M2.3M2.1M2.0M
Long Term Debt Total1.9M338.6M272.3M228.5M262.8M132.2M
Net Invested Capital523.2M380.3M303.3M501.7M451.5M407.3M

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Additional Tools for Karoon Stock Analysis

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