KDA Accounts Payable vs Retained Earnings Analysis

KDA Stock

CAD 0.27 0.01 3.85%

KDA financial indicator trend analysis is infinitely more than just investigating KDA Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KDA Group is a good investment. Please check the relationship between KDA Accounts Payable and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KDA Group. 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.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KDA Group Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between KDA's Accounts Payable and Retained Earnings is -0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of KDA Group, assuming nothing else is changed. The correlation between historical values of KDA's Accounts Payable and Retained Earnings 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 KDA Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., KDA's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents KDA 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 KDA Group 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from KDA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KDA Group 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 KDA Group. 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.

Tax Provision is likely to climb to about 2.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	8.1M	161.1K	185.3K	176.0K
Total Revenue	28.8M	161.1K	185.3K	176.0K

Gross Profit Total Revenue

KDA fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Good Will	Other Stockholder Equity	Common Stock Shares Outstanding	Inventory	Net Invested Capital	Net Debt
Total Assets		0.21	0.73	0.35	-0.91	-0.76	0.86	0.54	0.59	0.69	0.27	0.75	0.67	0.89	0.93	0.78	0.79	0.59	0.27	0.55	0.55	0.62	0.62	-0.68	-0.3	-0.53
Other Current Liab	0.21		0.37	-0.13	-0.32	-0.3	0.09	0.12	-0.06	0.16	0.84	0.32	0.4	0.46	0.38	0.1	0.17	0.14	-0.14	0.0	0.25	0.22	0.04	-0.35	-0.4	-0.11
Total Current Liabilities	0.73	0.37		-0.31	-0.78	-0.52	0.83	-0.08	0.02	0.93	0.51	0.94	0.96	0.79	0.8	0.25	0.24	0.07	0.26	-0.04	0.89	0.12	0.02	-0.22	-0.37	-0.06
Total Stockholder Equity	0.35	-0.13	-0.31		-0.19	-0.12	0.13	0.9	0.74	-0.37	-0.37	-0.34	-0.32	0.15	0.21	0.83	0.66	0.81	-0.24	0.86	-0.54	0.47	0.66	-0.47	0.32	-0.39
Net Tangible Assets	-0.91	-0.32	-0.78	-0.19		0.68	-0.9	-0.41	-0.33	-0.74	-0.42	-0.79	-0.78	-0.88	-0.94	-0.61	-0.65	-0.46	-0.34	-0.33	-0.62	-0.38	-0.42	0.6	0.47	0.48
Retained Earnings	-0.76	-0.3	-0.52	-0.12	0.68		-0.5	-0.47	-0.49	-0.52	-0.33	-0.69	-0.38	-0.62	-0.63	-0.51	-0.82	-0.51	-0.32	-0.49	-0.46	-0.8	-0.74	0.89	0.71	0.84
Accounts Payable	0.86	0.09	0.83	0.13	-0.9	-0.5		0.23	0.26	0.82	0.21	0.78	0.84	0.81	0.91	0.55	0.49	0.31	0.3	0.23	0.7	0.24	0.24	-0.34	-0.24	-0.25
Cash	0.54	0.12	-0.08	0.9	-0.41	-0.47	0.23		0.78	-0.2	-0.1	-0.07	-0.15	0.35	0.38	0.89	0.87	0.96	-0.11	0.94	-0.37	0.66	0.84	-0.78	-0.05	-0.66
Long Term Debt	0.59	-0.06	0.02	0.74	-0.33	-0.49	0.26	0.78		0.0	-0.21	0.07	-0.09	0.32	0.37	0.86	0.79	0.75	-0.29	0.86	-0.16	0.77	0.77	-0.66	0.08	-0.51
Net Receivables	0.69	0.16	0.93	-0.37	-0.74	-0.52	0.82	-0.2	0.0		0.39	0.95	0.91	0.73	0.74	0.14	0.2	-0.1	0.42	-0.17	0.97	0.12	-0.01	-0.16	-0.41	-0.12
Other Current Assets	0.27	0.84	0.51	-0.37	-0.42	-0.33	0.21	-0.1	-0.21	0.39		0.55	0.6	0.59	0.48	-0.08	0.07	-0.12	0.26	-0.27	0.49	0.15	-0.12	-0.25	-0.58	-0.12
Total Liab	0.75	0.32	0.94	-0.34	-0.79	-0.69	0.78	-0.07	0.07	0.95	0.55		0.9	0.8	0.79	0.21	0.35	0.04	0.45	-0.05	0.93	0.3	0.14	-0.37	-0.58	-0.29
Short Long Term Debt	0.67	0.4	0.96	-0.32	-0.78	-0.38	0.84	-0.15	-0.09	0.91	0.6	0.9		0.81	0.82	0.18	0.15	-0.04	0.31	-0.17	0.88	0.01	-0.11	-0.12	-0.34	0.03
Total Current Assets	0.89	0.46	0.79	0.15	-0.88	-0.62	0.81	0.35	0.32	0.73	0.59	0.8	0.81		0.96	0.58	0.59	0.37	0.4	0.27	0.66	0.46	0.34	-0.51	-0.38	-0.37
Short Term Debt	0.93	0.38	0.8	0.21	-0.94	-0.63	0.91	0.38	0.37	0.74	0.48	0.79	0.82	0.96		0.64	0.63	0.4	0.3	0.32	0.66	0.47	0.4	-0.54	-0.33	-0.38
Intangible Assets	0.78	0.1	0.25	0.83	-0.61	-0.51	0.55	0.89	0.86	0.14	-0.08	0.21	0.18	0.58	0.64		0.87	0.9	-0.16	0.91	-0.05	0.66	0.76	-0.7	0.05	-0.5
Common Stock	0.79	0.17	0.24	0.66	-0.65	-0.82	0.49	0.87	0.79	0.2	0.07	0.35	0.15	0.59	0.63	0.87		0.85	0.13	0.85	0.06	0.86	0.92	-0.94	-0.37	-0.85
Property Plant Equipment	0.59	0.14	0.07	0.81	-0.46	-0.51	0.31	0.96	0.75	-0.1	-0.12	0.04	-0.04	0.37	0.4	0.9	0.85		-0.18	0.96	-0.29	0.59	0.82	-0.76	-0.04	-0.58
Other Liab	0.27	-0.14	0.26	-0.24	-0.34	-0.32	0.3	-0.11	-0.29	0.42	0.26	0.45	0.31	0.4	0.3	-0.16	0.13	-0.18		-0.25	0.45	0.07	0.04	-0.12	-0.53	-0.39
Other Assets	0.55	0.0	-0.04	0.86	-0.33	-0.49	0.23	0.94	0.86	-0.17	-0.27	-0.05	-0.17	0.27	0.32	0.91	0.85	0.96	-0.25		-0.34	0.7	0.86	-0.73	0.07	-0.58
Good Will	0.55	0.25	0.89	-0.54	-0.62	-0.46	0.7	-0.37	-0.16	0.97	0.49	0.93	0.88	0.66	0.66	-0.05	0.06	-0.29	0.45	-0.34		0.08	-0.14	-0.07	-0.46	-0.06
Other Stockholder Equity	0.62	0.22	0.12	0.47	-0.38	-0.8	0.24	0.66	0.77	0.12	0.15	0.3	0.01	0.46	0.47	0.66	0.86	0.59	0.07	0.7	0.08		0.85	-0.86	-0.36	-0.79
Common Stock Shares Outstanding	0.62	0.04	0.02	0.66	-0.42	-0.74	0.24	0.84	0.77	-0.01	-0.12	0.14	-0.11	0.34	0.4	0.76	0.92	0.82	0.04	0.86	-0.14	0.85		-0.89	-0.21	-0.81
Inventory	-0.68	-0.35	-0.22	-0.47	0.6	0.89	-0.34	-0.78	-0.66	-0.16	-0.25	-0.37	-0.12	-0.51	-0.54	-0.7	-0.94	-0.76	-0.12	-0.73	-0.07	-0.86	-0.89		0.57	0.91
Net Invested Capital	-0.3	-0.4	-0.37	0.32	0.47	0.71	-0.24	-0.05	0.08	-0.41	-0.58	-0.58	-0.34	-0.38	-0.33	0.05	-0.37	-0.04	-0.53	0.07	-0.46	-0.36	-0.21	0.57		0.68
Net Debt	-0.53	-0.11	-0.06	-0.39	0.48	0.84	-0.25	-0.66	-0.51	-0.12	-0.12	-0.29	0.03	-0.37	-0.38	-0.5	-0.85	-0.58	-0.39	-0.58	-0.06	-0.79	-0.81	0.91	0.68

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KDA Account Relationship Matchups

KDA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.9M	22.2M	28.7M	21.8M	25.1M	19.6M
Other Current Liab	3.5M	1.7M	1.3M	1.8M	2.0M	2.0M
Total Current Liabilities	10.0M	7.8M	22.4M	4.1M	4.7M	4.5M
Total Stockholder Equity	(3.0M)	3.9M	(202.9K)	16.5M	19.0M	19.9M
Net Tangible Assets	(15.1M)	(11.0M)	(7.8M)	(11.6M)	(10.4M)	(11.0M)
Retained Earnings	(28.6M)	(28.0M)	(32.6M)	(16.8M)	(15.2M)	(15.9M)
Accounts Payable	1.7M	2.1M	2.7M	1.8M	2.0M	2.3M
Cash	1.8M	1.7M	2.7M	4.6M	5.3M	5.6M
Long Term Debt	472.5K	530.1K	5.9M	4.6M	5.3M	5.5M
Net Receivables	3.7M	3.7M	5.0M	458.8K	527.7K	501.3K
Total Liab	23.6M	18.3M	28.9M	5.3M	6.1M	5.8M
Short Long Term Debt	5.4M	2.7M	8.2M	1.6M	1.8M	1.8M
Total Current Assets	9.8M	5.8M	7.9M	6.7M	7.7M	7.4M
Intangible Assets	2.0M	7.8M	10.2M	12.1M	13.9M	14.6M
Common Stock	18.4M	25.1M	29.8M	29.9M	34.4M	36.1M
Property Plant Equipment	605.5K	419.8K	344.0K	1.9M	2.2M	2.3M
Other Liab	519.0K	3.2M	335.8K	274.3K	315.4K	299.6K
Other Assets	283.5K	986.5K	4.3M	7.5M	8.6M	9.0M
Other Stockholder Equity	(1.2M)	(386.5K)	502.3K	(370.4K)	(425.9K)	(447.2K)
Common Stock Shares Outstanding	118.4M	147.4M	148.1M	160.0M	184.0M	117.2M
Net Invested Capital	2.9M	12.5M	12.6M	18.1M	20.8M	12.6M
Net Debt	8.0M	4.1M	6.9M	10.1M	9.1M	7.2M
Non Current Assets Total	13.6M	16.4M	20.8M	15.2M	17.4M	16.8M
Non Current Liabilities Total	13.0M	10.5M	6.4M	1.2M	1.1M	1.0M
Capital Stock	25.1M	29.8M	29.9M	30.3M	34.8M	29.4M
Net Working Capital	(4.3M)	(1.9M)	(14.6M)	2.6M	2.9M	3.1M

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