KDA Ebit vs Cost Of Revenue 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 Ebit and its Cost Of Revenue 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.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KDA Group Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KDA's Ebit and Cost Of Revenue is -0.28. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue 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 Ebit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of KDA Group are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., KDA's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Cost Of Revenue

Cost of Revenue is found on KDA Group income statement and represents the costs associated with goods and services KDA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit8.1M161.1K185.3K176.0K
Total Revenue28.8M161.1K185.3K176.0K

KDA fundamental ratios Correlations

0.210.730.35-0.91-0.760.860.540.590.690.270.750.670.890.930.780.790.590.270.550.550.620.62-0.68-0.3-0.53
0.210.37-0.13-0.32-0.30.090.12-0.060.160.840.320.40.460.380.10.170.14-0.140.00.250.220.04-0.35-0.4-0.11
0.730.37-0.31-0.78-0.520.83-0.080.020.930.510.940.960.790.80.250.240.070.26-0.040.890.120.02-0.22-0.37-0.06
0.35-0.13-0.31-0.19-0.120.130.90.74-0.37-0.37-0.34-0.320.150.210.830.660.81-0.240.86-0.540.470.66-0.470.32-0.39
-0.91-0.32-0.78-0.190.68-0.9-0.41-0.33-0.74-0.42-0.79-0.78-0.88-0.94-0.61-0.65-0.46-0.34-0.33-0.62-0.38-0.420.60.470.48
-0.76-0.3-0.52-0.120.68-0.5-0.47-0.49-0.52-0.33-0.69-0.38-0.62-0.63-0.51-0.82-0.51-0.32-0.49-0.46-0.8-0.740.890.710.84
0.860.090.830.13-0.9-0.50.230.260.820.210.780.840.810.910.550.490.310.30.230.70.240.24-0.34-0.24-0.25
0.540.12-0.080.9-0.41-0.470.230.78-0.2-0.1-0.07-0.150.350.380.890.870.96-0.110.94-0.370.660.84-0.78-0.05-0.66
0.59-0.060.020.74-0.33-0.490.260.780.0-0.210.07-0.090.320.370.860.790.75-0.290.86-0.160.770.77-0.660.08-0.51
0.690.160.93-0.37-0.74-0.520.82-0.20.00.390.950.910.730.740.140.2-0.10.42-0.170.970.12-0.01-0.16-0.41-0.12
0.270.840.51-0.37-0.42-0.330.21-0.1-0.210.390.550.60.590.48-0.080.07-0.120.26-0.270.490.15-0.12-0.25-0.58-0.12
0.750.320.94-0.34-0.79-0.690.78-0.070.070.950.550.90.80.790.210.350.040.45-0.050.930.30.14-0.37-0.58-0.29
0.670.40.96-0.32-0.78-0.380.84-0.15-0.090.910.60.90.810.820.180.15-0.040.31-0.170.880.01-0.11-0.12-0.340.03
0.890.460.790.15-0.88-0.620.810.350.320.730.590.80.810.960.580.590.370.40.270.660.460.34-0.51-0.38-0.37
0.930.380.80.21-0.94-0.630.910.380.370.740.480.790.820.960.640.630.40.30.320.660.470.4-0.54-0.33-0.38
0.780.10.250.83-0.61-0.510.550.890.860.14-0.080.210.180.580.640.870.9-0.160.91-0.050.660.76-0.70.05-0.5
0.790.170.240.66-0.65-0.820.490.870.790.20.070.350.150.590.630.870.850.130.850.060.860.92-0.94-0.37-0.85
0.590.140.070.81-0.46-0.510.310.960.75-0.1-0.120.04-0.040.370.40.90.85-0.180.96-0.290.590.82-0.76-0.04-0.58
0.27-0.140.26-0.24-0.34-0.320.3-0.11-0.290.420.260.450.310.40.3-0.160.13-0.18-0.250.450.070.04-0.12-0.53-0.39
0.550.0-0.040.86-0.33-0.490.230.940.86-0.17-0.27-0.05-0.170.270.320.910.850.96-0.25-0.340.70.86-0.730.07-0.58
0.550.250.89-0.54-0.62-0.460.7-0.37-0.160.970.490.930.880.660.66-0.050.06-0.290.45-0.340.08-0.14-0.07-0.46-0.06
0.620.220.120.47-0.38-0.80.240.660.770.120.150.30.010.460.470.660.860.590.070.70.080.85-0.86-0.36-0.79
0.620.040.020.66-0.42-0.740.240.840.77-0.01-0.120.14-0.110.340.40.760.920.820.040.86-0.140.85-0.89-0.21-0.81
-0.68-0.35-0.22-0.470.60.89-0.34-0.78-0.66-0.16-0.25-0.37-0.12-0.51-0.54-0.7-0.94-0.76-0.12-0.73-0.07-0.86-0.890.570.91
-0.3-0.4-0.370.320.470.71-0.24-0.050.08-0.41-0.58-0.58-0.34-0.38-0.330.05-0.37-0.04-0.530.07-0.46-0.36-0.210.570.68
-0.53-0.11-0.06-0.390.480.84-0.25-0.66-0.51-0.12-0.12-0.290.03-0.37-0.38-0.5-0.85-0.58-0.39-0.58-0.06-0.79-0.810.910.68
Click cells to compare fundamentals

KDA Account Relationship Matchups

KDA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.9M22.2M28.7M21.8M25.1M19.6M
Other Current Liab3.5M1.7M1.3M1.8M2.0M2.0M
Total Current Liabilities10.0M7.8M22.4M4.1M4.7M4.5M
Total Stockholder Equity(3.0M)3.9M(202.9K)16.5M19.0M19.9M
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 Payable1.7M2.1M2.7M1.8M2.0M2.3M
Cash1.8M1.7M2.7M4.6M5.3M5.6M
Long Term Debt472.5K530.1K5.9M4.6M5.3M5.5M
Net Receivables3.7M3.7M5.0M458.8K527.7K501.3K
Total Liab23.6M18.3M28.9M5.3M6.1M5.8M
Short Long Term Debt5.4M2.7M8.2M1.6M1.8M1.8M
Total Current Assets9.8M5.8M7.9M6.7M7.7M7.4M
Intangible Assets2.0M7.8M10.2M12.1M13.9M14.6M
Common Stock18.4M25.1M29.8M29.9M34.4M36.1M
Property Plant Equipment605.5K419.8K344.0K1.9M2.2M2.3M
Other Liab519.0K3.2M335.8K274.3K315.4K299.6K
Other Assets283.5K986.5K4.3M7.5M8.6M9.0M
Other Stockholder Equity(1.2M)(386.5K)502.3K(370.4K)(425.9K)(447.2K)
Common Stock Shares Outstanding118.4M147.4M148.1M160.0M184.0M117.2M
Net Invested Capital2.9M12.5M12.6M18.1M20.8M12.6M
Net Debt8.0M4.1M6.9M10.1M9.1M7.2M
Non Current Assets Total13.6M16.4M20.8M15.2M17.4M16.8M
Non Current Liabilities Total13.0M10.5M6.4M1.2M1.1M1.0M
Capital Stock25.1M29.8M29.9M30.3M34.8M29.4M
Net Working Capital(4.3M)(1.9M)(14.6M)2.6M2.9M3.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for KDA Stock Analysis

When running KDA's price analysis, check to measure KDA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KDA is operating at the current time. Most of KDA's value examination focuses on studying past and present price action to predict the probability of KDA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KDA's price. Additionally, you may evaluate how the addition of KDA to your portfolios can decrease your overall portfolio volatility.