Keen Other Current Assets vs Net Working Capital Analysis
KVACU Stock | 10.99 0.00 0.00% |
Keen Vision financial indicator trend analysis is infinitely more than just investigating Keen Vision Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keen Vision Acquisition is a good investment. Please check the relationship between Keen Vision Other Current Assets and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keen Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Current Assets vs Net Working Capital
Other Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keen Vision Acquisition Other Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Keen Vision's Other Current Assets and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Keen Vision Acquisition, assuming nothing else is changed. The correlation between historical values of Keen Vision's Other Current Assets and Net Working Capital 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 Current Assets of Keen Vision Acquisition are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Current Assets i.e., Keen Vision's Other Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Working Capital
Most indicators from Keen Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keen Vision Acquisition 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 Keen Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Issuance Of Capital Stock is likely to drop to about 86 M in 2024. Enterprise Value Over EBITDA is likely to drop to about (296.4 K) in 2024
2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 3.1K | 697.0 | 478.7K | 502.6K | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Keen Vision fundamental ratios Correlations
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Keen Vision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Keen Stock Analysis
When running Keen Vision's price analysis, check to measure Keen Vision'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 Keen Vision is operating at the current time. Most of Keen Vision's value examination focuses on studying past and present price action to predict the probability of Keen Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keen Vision's price. Additionally, you may evaluate how the addition of Keen Vision to your portfolios can decrease your overall portfolio volatility.