KEP Stock | | | USD 9.00 0.28 3.21% |
Korea Electric financial indicator trend analysis is infinitely more than just investigating Korea Electric Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korea Electric Power is a good investment. Please check the relationship between Korea Electric Other Assets and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Other Assets vs Total Current Liabilities
Other Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Korea Electric Power Other Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Korea Electric's Other Assets and Total Current Liabilities is 0.04. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Korea Electric Power, assuming nothing else is changed. The correlation between historical values of Korea Electric's Other Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Korea Electric Power are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Korea Electric's Other Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Assets
Total Current Liabilities
Total Current Liabilities is an item on Korea Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Korea Electric Power 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.
Most indicators from Korea Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korea Electric Power 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 Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Korea Electric's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/01/2024,
Enterprise Value Over EBITDA is likely to grow to 15.35, while
Selling General Administrative is likely to drop slightly above 1.8
T.
Korea Electric fundamental ratios Correlations
Click cells to compare fundamentals
Korea Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Korea Electric fundamental ratios Accounts
Additional Tools for Korea Stock Analysis
When running Korea Electric's price analysis, check to
measure Korea Electric'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 Korea Electric is operating at the current time. Most of Korea Electric's value examination focuses on studying past and present price action to
predict the probability of Korea Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea Electric's price. Additionally, you may evaluate how the addition of Korea Electric to your portfolios can decrease your overall portfolio volatility.