KELLTONTEC | | | 171.50 23.89 16.18% |
Kellton Tech financial indicator trend analysis is infinitely more than just investigating Kellton Tech Solutions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kellton Tech Solutions is a good investment. Please check the relationship between Kellton Tech Net Receivables and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellton Tech Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Receivables vs Total Revenue
Net Receivables vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kellton Tech Solutions Net Receivables account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kellton Tech's Net Receivables and Total Revenue is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Kellton Tech Solutions, assuming nothing else is changed. The correlation between historical values of Kellton Tech's Net Receivables and Total 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 Net Receivables of Kellton Tech Solutions are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Kellton Tech's Net Receivables and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Total Revenue
Total revenue comprises all receipts Kellton Tech Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Kellton Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kellton Tech Solutions 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 Kellton Tech Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
As of the 7th of January 2025,
Selling General Administrative is likely to grow to about 325.3
M. Also,
Tax Provision is likely to grow to about 127.4
M | 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 4.5B | 1.8B | 2.1B | 3.6B | Total Revenue | 9.2B | 9.8B | 11.3B | 11.9B |
Kellton Tech fundamental ratios Correlations
Click cells to compare fundamentals
Kellton Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kellton Tech fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Kellton Stock
Balance Sheet is a snapshot of the
financial position of Kellton Tech Solutions at a specified time, usually calculated after every quarter, six months, or one year. Kellton Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kellton Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kellton currently owns. An asset can also be divided into two categories, current and non-current.