Karoon Net Receivables vs Other Current Assets 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 Net Receivables and its Other Current Assets 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.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karoon Energy Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Karoon Energy's Net Receivables and Other Current Assets is -0.2. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets 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 Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Karoon Energy are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Karoon Energy's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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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