KTO Operating Cash Flow Per Share vs Roe Analysis

KTO Stock  CAD 0.13  0.01  7.14%   
K2 Gold financial indicator trend analysis is infinitely more than just investigating K2 Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether K2 Gold is a good investment. Please check the relationship between K2 Gold Operating Cash Flow Per Share and its Roe accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K2 Gold. 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.

Operating Cash Flow Per Share vs Roe

Operating Cash Flow Per Share vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of K2 Gold Operating Cash Flow Per Share account and Roe. At this time, the significance of the direction appears to have almost no relationship.
The correlation between K2 Gold's Operating Cash Flow Per Share and Roe is 0.12. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Roe in the same time period over historical financial statements of K2 Gold, assuming nothing else is changed. The correlation between historical values of K2 Gold's Operating Cash Flow Per Share and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of K2 Gold are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Operating Cash Flow Per Share i.e., K2 Gold's Operating Cash Flow Per Share and Roe go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Roe

Most indicators from K2 Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into K2 Gold 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 K2 Gold. 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.
Selling General Administrative is likely to drop to about 889.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 3 M in 2024

K2 Gold fundamental ratios Correlations

0.420.421.00.95-0.35-0.730.350.950.35-0.040.93-0.370.480.360.980.90.890.91-0.640.510.67-0.34-0.340.940.35
0.420.770.410.26-0.56-0.140.560.260.55-0.210.39-0.880.770.550.520.420.450.45-0.250.190.38-0.12-0.120.490.46
0.420.770.410.27-0.55-0.210.560.270.55-0.170.42-0.690.990.550.520.550.530.43-0.260.10.36-0.17-0.170.580.44
1.00.410.410.95-0.34-0.740.340.950.34-0.030.93-0.360.470.350.970.90.890.91-0.640.520.67-0.34-0.340.940.34
0.950.260.270.95-0.03-0.710.031.00.030.00.94-0.20.310.040.910.860.80.94-0.570.470.45-0.29-0.290.850.04
-0.35-0.56-0.55-0.34-0.030.21-1.0-0.03-1.00.15-0.160.55-0.6-1.0-0.36-0.33-0.42-0.10.3-0.22-0.760.210.21-0.45-0.97
-0.73-0.14-0.21-0.74-0.710.21-0.21-0.72-0.210.35-0.850.09-0.27-0.21-0.62-0.86-0.84-0.520.87-0.77-0.620.620.62-0.78-0.23
0.350.560.560.340.03-1.0-0.210.031.0-0.150.16-0.550.61.00.370.340.420.11-0.310.220.76-0.21-0.210.450.97
0.950.260.270.951.0-0.03-0.720.030.030.00.94-0.210.320.040.920.860.810.94-0.570.470.45-0.29-0.290.850.04
0.350.550.550.340.03-1.0-0.211.00.03-0.160.16-0.550.61.00.360.330.420.1-0.310.230.76-0.21-0.210.450.97
-0.04-0.21-0.17-0.030.00.150.35-0.150.0-0.16-0.180.18-0.19-0.13-0.03-0.26-0.220.040.28-0.24-0.20.250.25-0.17-0.12
0.930.390.420.930.94-0.16-0.850.160.940.16-0.18-0.340.470.170.90.940.890.87-0.770.660.57-0.46-0.460.90.14
-0.37-0.88-0.69-0.36-0.20.550.09-0.55-0.21-0.550.18-0.34-0.7-0.55-0.49-0.38-0.43-0.40.22-0.28-0.47-0.03-0.03-0.45-0.48
0.480.770.990.470.31-0.6-0.270.60.320.6-0.190.47-0.70.590.580.60.590.48-0.30.140.43-0.19-0.190.640.49
0.360.550.550.350.04-1.0-0.211.00.041.0-0.130.17-0.550.590.370.330.420.11-0.310.230.77-0.21-0.210.450.98
0.980.520.520.970.91-0.36-0.620.370.920.36-0.030.9-0.490.580.370.860.860.96-0.560.450.64-0.26-0.260.930.34
0.90.420.550.90.86-0.33-0.860.340.860.33-0.260.94-0.380.60.330.860.910.79-0.720.580.61-0.42-0.420.930.32
0.890.450.530.890.8-0.42-0.840.420.810.42-0.220.89-0.430.590.420.860.910.77-0.750.660.72-0.42-0.420.980.4
0.910.450.430.910.94-0.1-0.520.110.940.10.040.87-0.40.480.110.960.790.77-0.430.350.41-0.13-0.130.840.08
-0.64-0.25-0.26-0.64-0.570.30.87-0.31-0.57-0.310.28-0.770.22-0.3-0.31-0.56-0.72-0.75-0.43-0.88-0.660.820.82-0.66-0.24
0.510.190.10.520.47-0.22-0.770.220.470.23-0.240.66-0.280.140.230.450.580.660.35-0.880.58-0.49-0.490.540.22
0.670.380.360.670.45-0.76-0.620.760.450.76-0.20.57-0.470.430.770.640.610.720.41-0.660.58-0.44-0.440.720.76
-0.34-0.12-0.17-0.34-0.290.210.62-0.21-0.29-0.210.25-0.46-0.03-0.19-0.21-0.26-0.42-0.42-0.130.82-0.49-0.441.0-0.35-0.08
-0.34-0.12-0.17-0.34-0.290.210.62-0.21-0.29-0.210.25-0.46-0.03-0.19-0.21-0.26-0.42-0.42-0.130.82-0.49-0.441.0-0.35-0.08
0.940.490.580.940.85-0.45-0.780.450.850.45-0.170.9-0.450.640.450.930.930.980.84-0.660.540.72-0.35-0.350.44
0.350.460.440.340.04-0.97-0.230.970.040.97-0.120.14-0.480.490.980.340.320.40.08-0.240.220.76-0.08-0.080.44
Click cells to compare fundamentals

K2 Gold Account Relationship Matchups

K2 Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1M15.4M14.1M13.0M16.8M17.6M
Total Current Liabilities271.2K317.7K338.4K176.5K297.8K197.2K
Total Stockholder Equity6.8M15.1M13.7M12.8M16.5M17.3M
Property Plant And Equipment Net4.1M7.8M11.1M12.6M16.4M17.2M
Net Debt(2.9M)(7.4M)(2.8M)(273.2K)(155.2K)(162.9K)
Retained Earnings(15.6M)(17.3M)(19.1M)(20.4M)(21.4M)(20.4M)
Cash2.9M7.4M2.9M313.2K195.2K185.4K
Non Current Assets Total4.1M7.8M11.2M12.7M16.5M17.3M
Cash And Short Term Investments2.9M7.4M2.9M313.2K195.2K185.4K
Net Receivables18.3K21.8K18.4K6.3K44.8K27.1K
Common Stock Shares Outstanding32.0M47.2M64.6M64.8M89.9M94.4M
Liabilities And Stockholders Equity7.1M15.4M14.1M13.0M16.8M17.6M
Other Stockholder Equity3.4M4.3M106.5K6.1M5.5M6.2M
Total Liab271.2K357.7K378.4K216.5K297.8K207.4K
Total Current Assets3.0M7.6M2.9M373.4K293.2K278.6K
Accumulated Other Comprehensive Income4.3M5.8M6.1M6.4M7.4M4.5M
Net Tangible Assets3.1M6.8M15.1M13.7M15.8M16.6M
Accounts Payable52.8K267.2K316.2K338.4K389.1K408.6K
Common Stock14.2M18.1M26.5M26.8M30.5M19.7M
Property Plant Equipment2.7M4.1M7.8M11.1M12.8M13.5M
Short Term Investments73.6K78.0K61.4K54.4K62.6K55.5K
Other Current Assets20.7K161.9K47.0K53.9K53.3K55.2K
Non Currrent Assets Other4.1M1.063.4K67.7K66.1K62.8K
Net Invested Capital6.8M15.1M13.8M12.9M16.5M11.1M
Net Working Capital2.7M7.3M2.6M196.8K(4.6K)(4.4K)

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Additional Tools for KTO Stock Analysis

When running K2 Gold's price analysis, check to measure K2 Gold'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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.