Killam Net Income vs Operating Income Analysis

KMP-UN Stock

CAD 18.55 0.19 1.03%

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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Killam Apartment Real Net Income account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Killam Apartment's Net Income and Operating Income is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating Income 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 Income of Killam Apartment Real are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Killam Apartment's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Killam Apartment Real financial statement analysis. It represents the amount of money remaining after all of Killam Apartment Real operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Killam Apartment Real operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Killam Apartment Real is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Revenue	290.9M	328.8M	350.0M	367.5M
Depreciation And Amortization	152.1M	107.8M	669K	635.6K

Total Revenue Depreciation And Amortization

Killam Apartment fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Good Will
Total Assets		0.96	1.0	0.61	0.99	0.98	0.91	-0.38	1.0	-0.38	0.19	0.97	-0.58	-0.37	1.0	0.0	0.91	0.06	0.99	0.15	0.75	0.99	0.69	0.65	0.94	-0.58
Total Current Liabilities	0.96		0.95	0.51	0.96	0.92	0.88	-0.39	0.96	-0.4	0.14	0.93	-0.49	-0.55	0.96	-0.04	0.89	0.27	0.96	0.07	0.69	0.93	0.72	0.6	0.99	-0.49
Total Stockholder Equity	1.0	0.95		0.64	0.98	0.99	0.89	-0.38	1.0	-0.39	0.2	0.95	-0.61	-0.36	0.98	-0.01	0.9	0.02	0.98	0.15	0.7	0.98	0.72	0.64	0.94	-0.61
Property Plant And Equipment Net	0.61	0.51	0.64		0.56	0.7	0.32	-0.07	0.6	-0.07	-0.11	0.53	-0.95	0.15	0.57	0.01	0.33	-0.38	0.56	0.14	0.4	0.57	0.79	0.15	0.52	-0.95
Net Debt	0.99	0.96	0.98	0.56		0.95	0.93	-0.39	0.99	-0.39	0.16	0.98	-0.54	-0.4	1.0	-0.02	0.91	0.12	1.0	0.12	0.8	1.0	0.66	0.64	0.94	-0.54
Retained Earnings	0.98	0.92	0.99	0.7	0.95		0.86	-0.36	0.98	-0.36	0.15	0.91	-0.67	-0.29	0.95	-0.01	0.85	-0.07	0.95	0.17	0.62	0.95	0.76	0.59	0.92	-0.67
Accounts Payable	0.91	0.88	0.89	0.32	0.93	0.86		-0.55	0.91	-0.55	0.16	0.88	-0.31	-0.41	0.92	-0.17	0.9	0.09	0.92	-0.01	0.69	0.92	0.42	0.63	0.84	-0.31
Cash	-0.38	-0.39	-0.38	-0.07	-0.39	-0.36	-0.55		-0.39	1.0	0.04	-0.27	0.06	0.38	-0.37	0.86	-0.4	-0.05	-0.37	0.4	-0.16	-0.36	-0.01	-0.07	-0.34	0.06
Non Current Assets Total	1.0	0.96	1.0	0.6	0.99	0.98	0.91	-0.39		-0.39	0.18	0.97	-0.58	-0.37	1.0	-0.02	0.91	0.06	0.99	0.15	0.75	0.99	0.69	0.65	0.94	-0.58
Cash And Short Term Investments	-0.38	-0.4	-0.39	-0.07	-0.39	-0.36	-0.55	1.0	-0.39		0.03	-0.28	0.06	0.38	-0.38	0.86	-0.41	-0.06	-0.38	0.39	-0.16	-0.37	-0.01	-0.08	-0.35	0.06
Net Receivables	0.19	0.14	0.2	-0.11	0.16	0.15	0.16	0.04	0.18	0.03		0.28	0.08	-0.28	0.17	0.36	0.28	0.21	0.16	0.04	0.21	0.17	-0.18	0.63	0.13	0.08
Common Stock Shares Outstanding	0.97	0.93	0.95	0.53	0.98	0.91	0.88	-0.27	0.97	-0.28	0.28		-0.5	-0.38	0.98	0.11	0.91	0.15	0.98	0.18	0.86	0.98	0.61	0.7	0.91	-0.5
Short Term Investments	-0.58	-0.49	-0.61	-0.95	-0.54	-0.67	-0.31	0.06	-0.58	0.06	0.08	-0.5		-0.14	-0.54	0.03	-0.23	0.36	-0.54	-0.14	-0.39	-0.55	-0.75	-0.07	-0.5	1.0
Other Stockholder Equity	-0.37	-0.55	-0.36	0.15	-0.4	-0.29	-0.41	0.38	-0.37	0.38	-0.28	-0.38	-0.14		-0.38	0.12	-0.49	-0.86	-0.39	0.36	-0.28	-0.33	-0.21	-0.45	-0.52	-0.14
Total Liab	1.0	0.96	0.98	0.57	1.0	0.95	0.92	-0.37	1.0	-0.38	0.17	0.98	-0.54	-0.38		0.0	0.91	0.1	1.0	0.15	0.8	1.0	0.66	0.66	0.94	-0.54
Total Current Assets	0.0	-0.04	-0.01	0.01	-0.02	-0.01	-0.17	0.86	-0.02	0.86	0.36	0.11	0.03	0.12	0.0		0.04	0.1	0.0	0.45	0.15	0.01	0.1	0.44	0.0	0.03
Common Stock	0.91	0.89	0.9	0.33	0.91	0.85	0.9	-0.4	0.91	-0.41	0.28	0.91	-0.23	-0.49	0.91	0.04		0.21	0.91	0.14	0.7	0.91	0.5	0.78	0.87	-0.23
Non Currrent Assets Other	0.06	0.27	0.02	-0.38	0.12	-0.07	0.09	-0.05	0.06	-0.06	0.21	0.15	0.36	-0.86	0.1	0.1	0.21		0.11	-0.21	0.24	0.05	0.03	0.33	0.27	0.36
Short Long Term Debt Total	0.99	0.96	0.98	0.56	1.0	0.95	0.92	-0.37	0.99	-0.38	0.16	0.98	-0.54	-0.39	1.0	0.0	0.91	0.11		0.13	0.8	1.0	0.67	0.65	0.94	-0.54
Other Current Liab	0.15	0.07	0.15	0.14	0.12	0.17	-0.01	0.4	0.15	0.39	0.04	0.18	-0.14	0.36	0.15	0.45	0.14	-0.21	0.13		0.1	0.17	0.26	0.18	0.16	-0.14
Current Deferred Revenue	0.75	0.69	0.7	0.4	0.8	0.62	0.69	-0.16	0.75	-0.16	0.21	0.86	-0.39	-0.28	0.8	0.15	0.7	0.24	0.8	0.1		0.81	0.36	0.63	0.67	-0.39
Non Current Liabilities Total	0.99	0.93	0.98	0.57	1.0	0.95	0.92	-0.36	0.99	-0.37	0.17	0.98	-0.55	-0.33	1.0	0.01	0.91	0.05	1.0	0.17	0.81		0.64	0.66	0.91	-0.55
Inventory	0.69	0.72	0.72	0.79	0.66	0.76	0.42	-0.01	0.69	-0.01	-0.18	0.61	-0.75	-0.21	0.66	0.1	0.5	0.03	0.67	0.26	0.36	0.64		0.24	0.75	-0.75
Other Current Assets	0.65	0.6	0.64	0.15	0.64	0.59	0.63	-0.07	0.65	-0.08	0.63	0.7	-0.07	-0.45	0.66	0.44	0.78	0.33	0.65	0.18	0.63	0.66	0.24		0.6	-0.07
Short Term Debt	0.94	0.99	0.94	0.52	0.94	0.92	0.84	-0.34	0.94	-0.35	0.13	0.91	-0.5	-0.52	0.94	0.0	0.87	0.27	0.94	0.16	0.67	0.91	0.75	0.6		-0.5
Good Will	-0.58	-0.49	-0.61	-0.95	-0.54	-0.67	-0.31	0.06	-0.58	0.06	0.08	-0.5	1.0	-0.14	-0.54	0.03	-0.23	0.36	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.8B	4.6B	4.9B	5.1B	5.3B
Total Current Liabilities	348.0M	308.6M	451.2M	624.0M	500.9M	525.9M
Total Stockholder Equity	1.6B	1.8B	2.1B	2.3B	2.5B	2.6B
Property Plant And Equipment Net	7.1M	8.3M	7.9M	7.9M	5.0B	5.2B
Net Debt	1.5B	1.7B	2.1B	2.2B	2.2B	2.3B
Retained Earnings	592.3M	669.6M	880.2M	921.1M	1.1B	1.2B
Accounts Payable	29.0M	40.0M	53.1M	44.0M	35.3M	37.1M
Cash	12.8M	2.6M	435K	9.2M	14.1M	14.4M
Non Current Assets Total	3.3B	3.8B	4.6B	4.8B	5.0B	5.3B
Cash And Short Term Investments	12.8M	2.6M	435K	9.2M	14.1M	14.4M
Net Receivables	9.0M	6.6M	809K	1.5M	1.4M	2.4M
Common Stock Shares Outstanding	95.9M	104.5M	111.6M	119.7M	121.7M	127.7M
Liabilities And Stockholders Equity	3.4B	3.8B	4.6B	4.9B	5.1B	5.3B
Other Stockholder Equity	(368.8M)	(591.5M)	795K	(920.3M)	732K	768.6K
Total Liab	1.8B	2.0B	2.5B	2.6B	2.6B	2.7B
Total Current Assets	52.1M	26.3M	25.3M	34.5M	41.0M	29.7M
Common Stock	1.0B	1.1B	1.2B	1.4B	1.4B	776.1M
Non Currrent Assets Other	3.3B	(34.6M)	(33.3M)	4.8B	67.8M	64.4M
Short Long Term Debt Total	1.5B	1.7B	2.1B	2.2B	2.2B	2.3B
Other Current Liab	17.7M	19.0M	21.8M	23.9M	25.6M	26.9M
Non Current Liabilities Total	1.4B	1.7B	2.0B	2.0B	2.1B	2.2B
Inventory	12K	9K	212K	4.6M	4.7M	4.9M
Other Current Assets	30.3M	17.2M	17.8M	19.3M	20.8M	12.4M
Short Term Debt	301.4M	249.7M	376.3M	556.1M	440.0M	462.0M
Other Assets	39.6M	43.6M	59.9M	44.1M	50.8M	53.3M
Other Liab	259.1M	259.8M	327.9M	313.2M	360.2M	221.2M
Net Tangible Assets	1.6B	1.8B	2.1B	2.3B	2.6B	1.4B
Long Term Debt	1.2B	1.4B	1.7B	1.6B	1.7B	1.3B
Short Long Term Debt	301.4M	249.7M	376.3M	556.1M	440.0M	366.0M
Property Plant Equipment	3.3B	3.7B	4.5B	4.8B	5.5B	3.1B
Non Current Liabilities Other	78.7M	70.4M	94.5M	63.2M	70.0M	78.2M
Net Invested Capital	3.1B	3.4B	4.2B	4.5B	4.7B	3.8B
Net Working Capital	(295.9M)	(282.3M)	(425.9M)	(589.5M)	(459.9M)	(482.9M)
Capital Stock	1.0B	1.1B	1.2B	1.4B	1.4B	1.3B

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

0.71	AEMC	Alaska Energy Metals	Pair Corr
0.75	CMC	Cielo Waste Solutions	Pair Corr

Moving against Killam Stock

0.91	LQWD	LQwD FinTech Corp	Pair Corr
0.66	ERC	Eros Resources Corp	Pair Corr

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 Correlation Correlation 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.

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Killam Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Killam Apartment fundamental ratios Correlations

Killam Apartment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Killam Apartment fundamental ratios Accounts

Pair Trading with Killam Apartment

Moving together with Killam Stock

Moving against Killam Stock

Other Information on Investing in Killam Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Net Debt
Short Long Term Debt Total	+ 1.0	Net Debt

Good Will	- 0.95	Property Plant And Equipment Net
Short Term Investments	- 0.95	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.86	Other Stockholder Equity
Good Will	- 0.75	Inventory
Inventory	- 0.75	Short Term Investments
Good Will	- 0.67	Retained Earnings