KDA Total Current Liabilities vs Cash Analysis

KDA Stock

CAD 0.28 0.01 3.70%

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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KDA Group Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have no relationship.

The correlation between KDA's Total Current Liabilities and Cash is 0.08. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of KDA Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., KDA's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on KDA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KDA Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of KDA Group, which is listed under current asset account on KDA Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from KDA customers. The amounts must be unrestricted with restricted cash listed in a different KDA account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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.

Issuance Of Capital Stock is likely to climb to about 1.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.

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	0.75	0.23	-0.9	-0.75	0.79	0.56	0.46	0.74	0.31	0.78	0.73	0.84	0.91	0.77	0.71	0.47	0.31	0.43	0.67	0.58	0.51	-0.62	-0.4	-0.49
Other Current Liab	0.21		0.35	-0.19	-0.32	-0.3	0.06	0.13	-0.13	0.15	0.84	0.3	0.4	0.42	0.38	0.1	0.17	0.14	-0.14	0.0	0.25	0.22	0.04	-0.35	-0.43	-0.11
Total Current Liabilities	0.75	0.35		-0.4	-0.72	-0.37	0.9	0.08	0.31	0.94	0.51	0.95	0.95	0.87	0.73	0.33	0.15	-0.04	0.27	-0.15	0.92	0.07	-0.06	-0.15	-0.31	0.0
Total Stockholder Equity	0.23	-0.19	-0.4		-0.18	-0.28	-0.18	0.63	0.01	-0.41	-0.41	-0.41	-0.33	-0.16	0.2	0.68	0.64	0.77	-0.24	0.84	-0.51	0.48	0.68	-0.45	0.22	-0.35
Net Tangible Assets	-0.9	-0.32	-0.72	-0.18		0.69	-0.78	-0.45	-0.16	-0.7	-0.42	-0.73	-0.78	-0.79	-0.94	-0.67	-0.65	-0.46	-0.34	-0.33	-0.63	-0.38	-0.42	0.6	0.53	0.48
Retained Earnings	-0.75	-0.3	-0.37	-0.28	0.69		-0.34	-0.65	-0.43	-0.37	-0.27	-0.52	-0.31	-0.47	-0.65	-0.65	-0.92	-0.66	-0.27	-0.64	-0.33	-0.84	-0.83	0.94	0.75	0.89
Accounts Payable	0.79	0.06	0.9	-0.18	-0.78	-0.34		0.15	0.27	0.91	0.28	0.86	0.89	0.82	0.78	0.43	0.22	-0.02	0.35	-0.08	0.86	0.09	0.03	-0.15	-0.21	-0.07
Cash	0.56	0.13	0.08	0.63	-0.45	-0.65	0.15		0.25	-0.01	0.02	0.15	-0.01	0.3	0.39	0.75	0.76	0.73	0.01	0.72	-0.09	0.71	0.82	-0.78	-0.27	-0.62
Long Term Debt	0.46	-0.13	0.31	0.01	-0.16	-0.43	0.27	0.25		0.4	-0.05	0.43	0.16	0.28	0.23	0.43	0.34	0.1	-0.16	0.26	0.35	0.56	0.34	-0.31	-0.08	-0.23
Net Receivables	0.74	0.15	0.94	-0.41	-0.7	-0.37	0.91	-0.01	0.4		0.39	0.96	0.9	0.84	0.7	0.26	0.14	-0.16	0.42	-0.22	0.98	0.09	-0.06	-0.12	-0.34	-0.08
Other Current Assets	0.31	0.84	0.51	-0.41	-0.42	-0.27	0.28	0.02	-0.05	0.39		0.55	0.6	0.65	0.48	-0.02	0.07	-0.12	0.26	-0.27	0.49	0.15	-0.12	-0.25	-0.57	-0.12
Total Liab	0.78	0.3	0.95	-0.41	-0.73	-0.52	0.86	0.15	0.43	0.96	0.55		0.89	0.89	0.73	0.31	0.26	-0.05	0.45	-0.14	0.95	0.25	0.07	-0.3	-0.51	-0.23
Short Long Term Debt	0.73	0.4	0.95	-0.33	-0.78	-0.31	0.89	-0.01	0.16	0.9	0.6	0.89		0.88	0.82	0.32	0.14	-0.04	0.31	-0.17	0.88	0.01	-0.12	-0.12	-0.3	0.03
Total Current Assets	0.84	0.42	0.87	-0.16	-0.79	-0.47	0.82	0.3	0.28	0.84	0.65	0.89	0.88		0.85	0.45	0.33	0.06	0.46	-0.03	0.84	0.32	0.12	-0.32	-0.39	-0.2
Short Term Debt	0.91	0.38	0.73	0.2	-0.94	-0.65	0.78	0.39	0.23	0.7	0.48	0.73	0.82	0.85		0.71	0.63	0.4	0.3	0.32	0.67	0.47	0.4	-0.54	-0.41	-0.38
Intangible Assets	0.77	0.1	0.33	0.68	-0.67	-0.65	0.43	0.75	0.43	0.26	-0.02	0.31	0.32	0.45	0.71		0.81	0.78	-0.12	0.79	0.15	0.67	0.77	-0.67	-0.08	-0.43
Common Stock	0.71	0.17	0.15	0.64	-0.65	-0.92	0.22	0.76	0.34	0.14	0.07	0.26	0.14	0.33	0.63	0.81		0.85	0.13	0.85	0.07	0.86	0.93	-0.94	-0.52	-0.85
Property Plant Equipment	0.47	0.14	-0.04	0.77	-0.46	-0.66	-0.02	0.73	0.1	-0.16	-0.12	-0.05	-0.04	0.06	0.4	0.78	0.85		-0.18	0.96	-0.28	0.59	0.83	-0.76	-0.21	-0.58
Other Liab	0.31	-0.14	0.27	-0.24	-0.34	-0.27	0.35	0.01	-0.16	0.42	0.26	0.45	0.31	0.46	0.3	-0.12	0.13	-0.18		-0.25	0.45	0.07	0.04	-0.12	-0.51	-0.39
Other Assets	0.43	0.0	-0.15	0.84	-0.33	-0.64	-0.08	0.72	0.26	-0.22	-0.27	-0.14	-0.17	-0.03	0.32	0.79	0.85	0.96	-0.25		-0.33	0.7	0.88	-0.73	-0.09	-0.58
Good Will	0.67	0.25	0.92	-0.51	-0.63	-0.33	0.86	-0.09	0.35	0.98	0.49	0.95	0.88	0.84	0.67	0.15	0.07	-0.28	0.45	-0.33		0.09	-0.13	-0.08	-0.38	-0.06
Other Stockholder Equity	0.58	0.22	0.07	0.48	-0.38	-0.84	0.09	0.71	0.56	0.09	0.15	0.25	0.01	0.32	0.47	0.67	0.86	0.59	0.07	0.7	0.09		0.86	-0.86	-0.46	-0.79
Common Stock Shares Outstanding	0.51	0.04	-0.06	0.68	-0.42	-0.83	0.03	0.82	0.34	-0.06	-0.12	0.07	-0.12	0.12	0.4	0.77	0.93	0.83	0.04	0.88	-0.13	0.86		-0.9	-0.41	-0.83
Inventory	-0.62	-0.35	-0.15	-0.45	0.6	0.94	-0.15	-0.78	-0.31	-0.12	-0.25	-0.3	-0.12	-0.32	-0.54	-0.67	-0.94	-0.76	-0.12	-0.73	-0.08	-0.86	-0.9		0.7	0.91
Net Invested Capital	-0.4	-0.43	-0.31	0.22	0.53	0.75	-0.21	-0.27	-0.08	-0.34	-0.57	-0.51	-0.3	-0.39	-0.41	-0.08	-0.52	-0.21	-0.51	-0.09	-0.38	-0.46	-0.41	0.7		0.78
Net Debt	-0.49	-0.11	0.0	-0.35	0.48	0.89	-0.07	-0.62	-0.23	-0.08	-0.12	-0.23	0.03	-0.2	-0.38	-0.43	-0.85	-0.58	-0.39	-0.58	-0.06	-0.79	-0.83	0.91	0.78

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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	21.9M	13.4M	19.2M
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	819.2K	778.3K
Total Stockholder Equity	(3.0M)	3.9M	(202.9K)	16.5M	12.5M	13.1M
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)	(23.6M)	(24.8M)
Accounts Payable	1.7M	2.1M	2.7M	1.8M	441.6K	419.5K
Cash	1.8M	1.7M	2.7M	4.6M	1.6M	1.6M
Long Term Debt	530.1K	5.9M	4.6M	684.7K	787.5K	748.1K
Net Receivables	3.7M	3.7M	5.0M	174.7K	10.0K	9.5K
Total Liab	23.6M	18.3M	28.9M	5.4M	1.7M	1.6M
Short Long Term Debt	5.4M	2.7M	8.2M	1.6M	1.8M	1.7M
Total Current Assets	9.8M	5.8M	7.9M	6.7M	2.1M	1.9M
Intangible Assets	2.0M	7.8M	10.2M	12.0M	11.1M	6.4M
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	175.4M	126.7M
Net Invested Capital	2.9M	12.5M	12.6M	18.1M	13.2M	12.8M
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	11.3M	16.1M
Non Current Liabilities Total	13.0M	10.5M	6.4M	1.3M	852.1K	809.5K
Capital Stock	25.1M	29.8M	29.9M	30.3M	32.7M	30.5M
Net Working Capital	(4.3M)	(1.9M)	(14.6M)	2.6M	1.2M	1.3M

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