KORE Depreciation And Amortization vs Non Recurring Analysis

KORE Stock  USD 0.81  0.03  3.85%   
KORE Group financial indicator trend analysis is infinitely more than just investigating KORE Group Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KORE Group Holdings is a good investment. Please check the relationship between KORE Group Depreciation And Amortization and its Non Recurring accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KORE Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Depreciation And Amortization vs Non Recurring

Depreciation And Amortization vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KORE Group Holdings Depreciation And Amortization account and Non Recurring. At this time, the significance of the direction appears to have pay attention.
The correlation between KORE Group's Depreciation And Amortization and Non Recurring is -0.8. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Recurring in the same time period over historical financial statements of KORE Group Holdings, assuming nothing else is changed. The correlation between historical values of KORE Group's Depreciation And Amortization and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of KORE Group Holdings are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Depreciation And Amortization i.e., KORE Group's Depreciation And Amortization and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Non Recurring

Most indicators from KORE Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KORE Group Holdings 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 KORE Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, KORE Group's Enterprise Value Multiple is projected to drop based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 689.1 M, whereas Selling General Administrative is forecasted to decline to about 103.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense23.3M31.4M43.2M32.1M
Depreciation And Amortization50.4M54.5M60.7M58.6M

KORE Group fundamental ratios Correlations

-0.22-0.69-0.850.80.63-0.3-0.67-0.220.93-0.79-0.140.89-0.49-0.52-0.14-0.640.97-0.22-0.54-0.320.14-0.21-0.59-0.330.56
-0.22-0.060.07-0.27-0.740.860.40.87-0.470.070.78-0.52-0.34-0.260.780.62-0.25-0.160.320.820.770.760.30.79-0.53
-0.69-0.060.93-0.53-0.620.370.4-0.29-0.750.630.27-0.730.770.440.270.68-0.810.270.240.33-0.320.320.310.41-0.5
-0.850.070.93-0.79-0.690.40.56-0.1-0.890.860.25-0.860.620.50.250.77-0.90.150.540.41-0.130.240.60.44-0.68
0.8-0.27-0.53-0.790.59-0.38-0.46-0.170.81-0.97-0.290.83-0.06-0.22-0.29-0.740.750.3-0.93-0.53-0.160.0-0.95-0.480.85
0.63-0.74-0.62-0.690.59-0.91-0.65-0.510.87-0.52-0.740.89-0.26-0.17-0.74-0.930.72-0.09-0.43-0.84-0.46-0.8-0.47-0.860.75
-0.30.860.370.4-0.38-0.910.370.54-0.620.270.93-0.69-0.05-0.190.930.86-0.42-0.140.350.950.620.850.370.97-0.72
-0.670.40.40.56-0.46-0.650.370.58-0.730.440.02-0.610.490.780.020.42-0.620.590.20.210.370.50.240.2-0.24
-0.220.87-0.29-0.1-0.17-0.510.540.58-0.35-0.020.37-0.33-0.310.030.370.29-0.150.090.190.460.760.580.170.41-0.21
0.93-0.47-0.75-0.890.810.87-0.62-0.73-0.35-0.78-0.430.98-0.44-0.42-0.43-0.860.95-0.17-0.57-0.6-0.14-0.49-0.62-0.620.73
-0.790.070.630.86-0.97-0.520.270.44-0.02-0.780.17-0.780.220.340.170.68-0.74-0.220.860.40.02-0.090.90.37-0.79
-0.140.780.270.25-0.29-0.740.930.020.37-0.430.17-0.56-0.25-0.521.00.8-0.28-0.410.350.960.480.690.360.97-0.72
0.89-0.52-0.73-0.860.830.89-0.69-0.61-0.330.98-0.78-0.56-0.33-0.26-0.56-0.920.93-0.02-0.64-0.71-0.15-0.5-0.68-0.720.82
-0.49-0.340.770.62-0.06-0.26-0.050.49-0.31-0.440.22-0.25-0.330.77-0.250.14-0.570.79-0.3-0.23-0.490.24-0.23-0.130.13
-0.52-0.260.440.5-0.22-0.17-0.190.780.03-0.420.34-0.52-0.260.77-0.52-0.01-0.450.78-0.08-0.36-0.140.06-0.03-0.340.17
-0.140.780.270.25-0.29-0.740.930.020.37-0.430.171.0-0.56-0.25-0.520.8-0.28-0.410.350.960.480.690.360.97-0.72
-0.640.620.680.77-0.74-0.930.860.420.29-0.860.680.8-0.920.14-0.010.8-0.74-0.210.640.90.330.580.680.91-0.92
0.97-0.25-0.81-0.90.750.72-0.42-0.62-0.150.95-0.74-0.280.93-0.57-0.45-0.28-0.74-0.24-0.47-0.420.17-0.35-0.52-0.450.59
-0.22-0.160.270.150.3-0.09-0.140.590.09-0.17-0.22-0.41-0.020.790.78-0.41-0.21-0.24-0.62-0.42-0.220.35-0.57-0.340.52
-0.540.320.240.54-0.93-0.430.350.20.19-0.570.860.35-0.64-0.3-0.080.350.64-0.47-0.620.570.3-0.141.00.49-0.87
-0.320.820.330.41-0.53-0.840.950.210.46-0.60.40.96-0.71-0.23-0.360.960.9-0.42-0.420.570.580.650.580.99-0.86
0.140.77-0.32-0.13-0.16-0.460.620.370.76-0.140.020.48-0.15-0.49-0.140.480.330.17-0.220.30.580.490.270.5-0.36
-0.210.760.320.240.0-0.80.850.50.58-0.49-0.090.69-0.50.240.060.690.58-0.350.35-0.140.650.49-0.110.7-0.28
-0.590.30.310.6-0.95-0.470.370.240.17-0.620.90.36-0.68-0.23-0.030.360.68-0.52-0.571.00.580.27-0.110.5-0.88
-0.330.790.410.44-0.48-0.860.970.20.41-0.620.370.97-0.72-0.13-0.340.970.91-0.45-0.340.490.990.50.70.5-0.83
0.56-0.53-0.5-0.680.850.75-0.72-0.24-0.210.73-0.79-0.720.820.130.17-0.72-0.920.590.52-0.87-0.86-0.36-0.28-0.88-0.83
Click cells to compare fundamentals

KORE Group Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether KORE Group Holdings is a strong investment it is important to analyze KORE Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KORE Group's future performance. For an informed investment choice regarding KORE Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KORE Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for KORE Stock analysis

When running KORE Group's price analysis, check to measure KORE Group'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 KORE Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KORE Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is KORE Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KORE Group. If investors know KORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.99)
Revenue Per Share
3.301
Quarterly Revenue Growth
0.161
Return On Assets
(0.04)
Return On Equity
(1.53)
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KORE Group's market value can be influenced by many factors that don't directly affect KORE Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.