Killam Current Deferred Revenue vs Accounts Payable Analysis

KMP-UN Stock  CAD 18.36  0.04  0.22%   
Killam Apartment financial indicator trend analysis is infinitely more than just investigating Killam Apartment Real recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Killam Apartment Real is a good investment. Please check the relationship between Killam Apartment Current Deferred Revenue and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Killam Apartment Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Current Deferred Revenue vs Accounts Payable

Current Deferred Revenue vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Killam Apartment Real Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Killam Apartment's Current Deferred Revenue and Accounts Payable is 0.69. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Killam Apartment Real, assuming nothing else is changed. The correlation between historical values of Killam Apartment's Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Killam Apartment Real are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Killam Apartment's Current Deferred Revenue and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Accounts Payable

An accounting item on the balance sheet that represents Killam Apartment 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 Killam Apartment Real 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.
Most indicators from Killam Apartment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Killam Apartment Real 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 Killam Apartment Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Killam Apartment's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 22.17, whereas Selling General Administrative is forecasted to decline to about 14.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue290.9M328.8M350.0M367.5M
Depreciation And Amortization152.1M107.8M669K635.6K

Killam Apartment fundamental ratios Correlations

0.961.00.610.990.980.91-0.381.0-0.380.190.97-0.58-0.371.00.00.910.060.990.150.750.990.690.650.94-0.58
0.960.950.510.960.920.88-0.390.96-0.40.140.93-0.49-0.550.96-0.040.890.270.960.070.690.930.720.60.99-0.49
1.00.950.640.980.990.89-0.381.0-0.390.20.95-0.61-0.360.98-0.010.90.020.980.150.70.980.720.640.94-0.61
0.610.510.640.560.70.32-0.070.6-0.07-0.110.53-0.950.150.570.010.33-0.380.560.140.40.570.790.150.52-0.95
0.990.960.980.560.950.93-0.390.99-0.390.160.98-0.54-0.41.0-0.020.910.121.00.120.81.00.660.640.94-0.54
0.980.920.990.70.950.86-0.360.98-0.360.150.91-0.67-0.290.95-0.010.85-0.070.950.170.620.950.760.590.92-0.67
0.910.880.890.320.930.86-0.550.91-0.550.160.88-0.31-0.410.92-0.170.90.090.92-0.010.690.920.420.630.84-0.31
-0.38-0.39-0.38-0.07-0.39-0.36-0.55-0.391.00.04-0.270.060.38-0.370.86-0.4-0.05-0.370.4-0.16-0.36-0.01-0.07-0.340.06
1.00.961.00.60.990.980.91-0.39-0.390.180.97-0.58-0.371.0-0.020.910.060.990.150.750.990.690.650.94-0.58
-0.38-0.4-0.39-0.07-0.39-0.36-0.551.0-0.390.03-0.280.060.38-0.380.86-0.41-0.06-0.380.39-0.16-0.37-0.01-0.08-0.350.06
0.190.140.2-0.110.160.150.160.040.180.030.280.08-0.280.170.360.280.210.160.040.210.17-0.180.630.130.08
0.970.930.950.530.980.910.88-0.270.97-0.280.28-0.5-0.380.980.110.910.150.980.180.860.980.610.70.91-0.5
-0.58-0.49-0.61-0.95-0.54-0.67-0.310.06-0.580.060.08-0.5-0.14-0.540.03-0.230.36-0.54-0.14-0.39-0.55-0.75-0.07-0.51.0
-0.37-0.55-0.360.15-0.4-0.29-0.410.38-0.370.38-0.28-0.38-0.14-0.380.12-0.49-0.86-0.390.36-0.28-0.33-0.21-0.45-0.52-0.14
1.00.960.980.571.00.950.92-0.371.0-0.380.170.98-0.54-0.380.00.910.11.00.150.81.00.660.660.94-0.54
0.0-0.04-0.010.01-0.02-0.01-0.170.86-0.020.860.360.110.030.120.00.040.10.00.450.150.010.10.440.00.03
0.910.890.90.330.910.850.9-0.40.91-0.410.280.91-0.23-0.490.910.040.210.910.140.70.910.50.780.87-0.23
0.060.270.02-0.380.12-0.070.09-0.050.06-0.060.210.150.36-0.860.10.10.210.11-0.210.240.050.030.330.270.36
0.990.960.980.561.00.950.92-0.370.99-0.380.160.98-0.54-0.391.00.00.910.110.130.81.00.670.650.94-0.54
0.150.070.150.140.120.17-0.010.40.150.390.040.18-0.140.360.150.450.14-0.210.130.10.170.260.180.16-0.14
0.750.690.70.40.80.620.69-0.160.75-0.160.210.86-0.39-0.280.80.150.70.240.80.10.810.360.630.67-0.39
0.990.930.980.571.00.950.92-0.360.99-0.370.170.98-0.55-0.331.00.010.910.051.00.170.810.640.660.91-0.55
0.690.720.720.790.660.760.42-0.010.69-0.01-0.180.61-0.75-0.210.660.10.50.030.670.260.360.640.240.75-0.75
0.650.60.640.150.640.590.63-0.070.65-0.080.630.7-0.07-0.450.660.440.780.330.650.180.630.660.240.6-0.07
0.940.990.940.520.940.920.84-0.340.94-0.350.130.91-0.5-0.520.940.00.870.270.940.160.670.910.750.6-0.5
-0.58-0.49-0.61-0.95-0.54-0.67-0.310.06-0.580.060.08-0.51.0-0.14-0.540.03-0.230.36-0.54-0.14-0.39-0.55-0.75-0.07-0.5
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Killam Apartment Account Relationship Matchups

Killam Apartment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.8B4.6B4.9B5.1B5.3B
Total Current Liabilities348.0M308.6M451.2M624.0M500.9M525.9M
Total Stockholder Equity1.6B1.8B2.1B2.3B2.5B2.6B
Property Plant And Equipment Net7.1M8.3M7.9M7.9M5.0B5.2B
Net Debt1.5B1.7B2.1B2.2B2.2B2.3B
Retained Earnings592.3M669.6M880.2M921.1M1.1B1.2B
Accounts Payable29.0M40.0M53.1M44.0M35.3M37.1M
Cash12.8M2.6M435K9.2M14.1M14.4M
Non Current Assets Total3.3B3.8B4.6B4.8B5.0B5.3B
Cash And Short Term Investments12.8M2.6M435K9.2M14.1M14.4M
Net Receivables9.0M6.6M809K1.5M1.4M2.4M
Common Stock Shares Outstanding95.9M104.5M111.6M119.7M121.7M127.7M
Liabilities And Stockholders Equity3.4B3.8B4.6B4.9B5.1B5.3B
Other Stockholder Equity(368.8M)(591.5M)795K(920.3M)732K768.6K
Total Liab1.8B2.0B2.5B2.6B2.6B2.7B
Total Current Assets52.1M26.3M25.3M34.5M41.0M29.7M
Common Stock1.0B1.1B1.2B1.4B1.4B776.1M
Non Currrent Assets Other3.3B(34.6M)(33.3M)4.8B67.8M64.4M
Short Long Term Debt Total1.5B1.7B2.1B2.2B2.2B2.3B
Other Current Liab17.7M19.0M21.8M23.9M25.6M26.9M
Non Current Liabilities Total1.4B1.7B2.0B2.0B2.1B2.2B
Inventory12K9K212K4.6M4.7M4.9M
Other Current Assets30.3M17.2M17.8M19.3M20.8M12.4M
Short Term Debt301.4M249.7M376.3M556.1M440.0M462.0M
Other Assets39.6M43.6M59.9M44.1M50.8M53.3M
Other Liab259.1M259.8M327.9M313.2M360.2M221.2M
Net Tangible Assets1.6B1.8B2.1B2.3B2.6B1.4B
Long Term Debt1.2B1.4B1.7B1.6B1.7B1.3B
Short Long Term Debt301.4M249.7M376.3M556.1M440.0M366.0M
Property Plant Equipment3.3B3.7B4.5B4.8B5.5B3.1B
Non Current Liabilities Other78.7M70.4M94.5M63.2M70.0M78.2M
Net Invested Capital3.1B3.4B4.2B4.5B4.7B3.8B
Net Working Capital(295.9M)(282.3M)(425.9M)(589.5M)(459.9M)(482.9M)
Capital Stock1.0B1.1B1.2B1.4B1.4B1.3B

Pair Trading with Killam Apartment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Killam Apartment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Killam Apartment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Killam Stock

  0.72AEMC Alaska Energy MetalsPairCorr
  0.75CMC Cielo Waste SolutionsPairCorr

Moving against Killam Stock

  0.91LQWD LQwD FinTech CorpPairCorr
  0.67ERC Eros Resources CorpPairCorr
The ability to find closely correlated positions to Killam Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Killam Apartment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Killam Apartment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Killam Apartment Real to buy it.
The correlation of Killam Apartment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Killam Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Killam Apartment Real moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Killam Apartment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Killam Stock

Balance Sheet is a snapshot of the financial position of Killam Apartment Real at a specified time, usually calculated after every quarter, six months, or one year. Killam Apartment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Killam Apartment 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 Killam currently owns. An asset can also be divided into two categories, current and non-current.