Kiora Enterprise Value vs Tangible Asset Value Analysis

KPRX Stock  USD 0.51  0.04  7.27%   
Kiora Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Kiora Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kiora Pharmaceuticals is a good investment. Please check the relationship between Kiora Pharmaceuticals Enterprise Value and its Tangible Asset Value accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kiora Pharmaceuticals. 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.
For more information on how to buy Kiora Stock please use our How to Invest in Kiora Pharmaceuticals guide.

Enterprise Value vs Tangible Asset Value

Enterprise Value vs Tangible Asset Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kiora Pharmaceuticals Enterprise Value account and Tangible Asset Value. At this time, the significance of the direction appears to have no relationship.
The correlation between Kiora Pharmaceuticals' Enterprise Value and Tangible Asset Value is 0.0. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Tangible Asset Value in the same time period over historical financial statements of Kiora Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Kiora Pharmaceuticals' Enterprise Value and Tangible Asset Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Kiora Pharmaceuticals are associated (or correlated) with its Tangible Asset Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Asset Value has no effect on the direction of Enterprise Value i.e., Kiora Pharmaceuticals' Enterprise Value and Tangible Asset Value go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as Kiora Pharmaceuticals theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Kiora Pharmaceuticals debt, but would also pocket its cash. Enterprise Value is more accurate representation of Kiora Pharmaceuticals value than its market capitalization because it takes into account all of Kiora Pharmaceuticals existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.
Most indicators from Kiora Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kiora Pharmaceuticals 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 Kiora Pharmaceuticals. 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.
For more information on how to buy Kiora Stock please use our How to Invest in Kiora Pharmaceuticals guide.At this time, Kiora Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 94.8 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (0.02) in 2024.

Kiora Pharmaceuticals fundamental ratios Correlations

-0.490.870.230.930.73-0.68-0.820.310.670.88-0.50.670.430.26-0.880.820.95-0.870.76-0.520.490.47-0.730.610.65
-0.49-0.540.04-0.55-0.260.690.33-0.03-0.52-0.30.76-0.52-0.23-0.160.51-0.42-0.440.55-0.541.0-0.3-0.290.3-0.13-0.21
0.87-0.540.450.820.57-0.62-0.70.620.60.75-0.510.60.420.24-0.840.730.82-0.770.68-0.550.30.62-0.510.540.5
0.230.040.450.18-0.04-0.32-0.010.560.390.080.220.39-0.15-0.13-0.360.420.1-0.140.350.050.340.880.26-0.18-0.24
0.93-0.550.820.180.56-0.69-0.790.30.690.77-0.60.690.470.33-0.970.80.92-0.990.76-0.570.510.42-0.690.430.56
0.73-0.260.57-0.040.56-0.5-0.670.110.530.6-0.330.530.460.25-0.450.480.7-0.480.61-0.270.170.15-0.710.660.7
-0.680.69-0.62-0.32-0.69-0.50.31-0.15-0.96-0.270.51-0.96-0.140.090.71-0.57-0.530.69-0.950.67-0.61-0.450.31-0.03-0.08
-0.820.33-0.7-0.01-0.79-0.670.31-0.11-0.35-0.820.45-0.35-0.77-0.720.68-0.61-0.890.7-0.480.36-0.26-0.340.91-0.7-0.91
0.31-0.030.620.560.30.11-0.15-0.110.150.310.090.150.01-0.15-0.410.320.25-0.290.18-0.03-0.050.370.110.21-0.01
0.67-0.520.60.390.690.53-0.96-0.350.150.24-0.411.00.21-0.02-0.710.560.51-0.670.98-0.50.650.49-0.350.030.12
0.88-0.30.750.080.770.6-0.27-0.820.310.24-0.380.240.360.3-0.70.760.9-0.70.35-0.350.260.32-0.70.750.74
-0.50.76-0.510.22-0.6-0.330.510.450.09-0.41-0.38-0.41-0.36-0.270.53-0.38-0.520.62-0.460.77-0.26-0.090.45-0.27-0.38
0.67-0.520.60.390.690.53-0.96-0.350.151.00.24-0.410.21-0.02-0.710.560.51-0.670.98-0.50.650.49-0.350.030.12
0.43-0.230.42-0.150.470.46-0.14-0.770.010.210.36-0.360.210.89-0.340.030.54-0.410.35-0.23-0.030.09-0.670.610.8
0.26-0.160.24-0.130.330.250.09-0.72-0.15-0.020.3-0.27-0.020.89-0.210.040.42-0.260.1-0.170.020.14-0.610.430.74
-0.880.51-0.84-0.36-0.97-0.450.710.68-0.41-0.71-0.70.53-0.71-0.34-0.21-0.83-0.860.97-0.770.53-0.55-0.540.55-0.28-0.39
0.82-0.420.730.420.80.48-0.57-0.610.320.560.76-0.380.560.030.04-0.830.76-0.760.57-0.450.520.64-0.490.250.35
0.95-0.440.820.10.920.7-0.53-0.890.250.510.9-0.520.510.540.42-0.860.76-0.880.63-0.470.390.37-0.820.620.73
-0.870.55-0.77-0.14-0.99-0.480.690.7-0.29-0.67-0.70.62-0.67-0.41-0.260.97-0.76-0.88-0.740.57-0.5-0.350.63-0.34-0.47
0.76-0.540.680.350.760.61-0.95-0.480.180.980.35-0.460.980.350.1-0.770.570.63-0.74-0.530.610.48-0.460.160.26
-0.521.0-0.550.05-0.57-0.270.670.36-0.03-0.5-0.350.77-0.5-0.23-0.170.53-0.45-0.470.57-0.53-0.29-0.290.31-0.18-0.25
0.49-0.30.30.340.510.17-0.61-0.26-0.050.650.26-0.260.65-0.030.02-0.550.520.39-0.50.61-0.290.37-0.3-0.2-0.02
0.47-0.290.620.880.420.15-0.45-0.340.370.490.32-0.090.490.090.14-0.540.640.37-0.350.48-0.290.37-0.050.020.08
-0.730.3-0.510.26-0.69-0.710.310.910.11-0.35-0.70.45-0.35-0.67-0.610.55-0.49-0.820.63-0.460.31-0.3-0.05-0.59-0.83
0.61-0.130.54-0.180.430.66-0.03-0.70.210.030.75-0.270.030.610.43-0.280.250.62-0.340.16-0.18-0.20.02-0.590.88
0.65-0.210.5-0.240.560.7-0.08-0.91-0.010.120.74-0.380.120.80.74-0.390.350.73-0.470.26-0.25-0.020.08-0.830.88
Click cells to compare fundamentals

Kiora Pharmaceuticals Account Relationship Matchups

Kiora Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1M15.2M18.1M18.7M13.7M11.7M
Short Long Term Debt Total83.9K362.1K209.4K105.8K106.9K101.5K
Other Current Liab1.1M1.3M1.3M2.2M1.4M1.3M
Total Current Liabilities1.4M1.8M1.6M3.3M1.6M3.2M
Total Stockholder Equity6.6M7.0M9.2M11.4M6.1M6.4M
Property Plant And Equipment Net16.8K30.6K283.4K172.2K115.0K76.8K
Net Debt(3.7M)(823.6K)(7.6M)(5.9M)(2.3M)(2.5M)
Retained Earnings(100.2M)(108.3M)(124.7M)(134.5M)(147.0M)(154.3M)
Accounts Payable210.3K434.8K160.6K1.0M206.3K195.9K
Cash3.8M1.2M7.9M6.0M2.5M4.7M
Non Current Assets Total5.8M13.3M9.1M11.0M9.0M6.1M
Non Currrent Assets Other114.4K102.1K88.0K82.3K40.8K38.7K
Cash And Short Term Investments3.8M1.2M7.9M6.0M2.5M4.7M
Net Receivables4.9K91.0K529.6K1.4M2.0M2.2M
Common Stock Shares Outstanding79.5K114.8K241.1K732.3K4.8M5.1M
Liabilities And Stockholders Equity10.1M15.2M18.1M18.7M13.7M11.7M
Non Current Liabilities Total2.1M6.4M7.2M4.0M6.0M10.2M
Other Current Assets542.7K533.5K606.5K343.1K233.4K368.7K
Other Stockholder Equity106.7M115.3M133.9M146.0M153.2M93.1M
Total Liab3.5M8.2M8.8M7.3M7.6M12.5M
Total Current Assets4.3M1.8M9.0M7.7M4.7M5.6M
Accumulated Other Comprehensive Income139.5K(802.0)(86.4K)(182.7K)(182.8K)(173.7K)
Short Term Debt83.9K48.3K118.8K105.8K47.1K44.7K
Common Stock40.8K55.6K126.6K18.0K77.1K101.9K
Intangible Assets4.1M9.7M8.7M10.7M8.8M7.9M
Other Liab1.5M2.1M6.1M7.1M8.2M8.6M
Net Tangible Assets7.2M4.9M3.3M9.1M10.4M10.9M
Capital Lease Obligations83.9K83.9K209.4K105.8K106.9K96.0K
Net Invested Capital6.6M7.3M9.2M11.4M6.1M7.5M
Non Current Liabilities Other1.7M5.3M6.5M3.3M5.1M3.8M
Net Working Capital2.9M37.8K7.4M4.4M3.1M2.5M
Property Plant Equipment43.5K16.8K30.6K283.4K325.9K342.2K
Capital Stock40.8K55.6K126.6K18.0K77.1K100.8K

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When determining whether Kiora Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kiora Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kiora Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kiora Pharmaceuticals Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kiora Pharmaceuticals. 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.
For more information on how to buy Kiora Stock please use our How to Invest in Kiora Pharmaceuticals guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Kiora Pharmaceuticals' 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 Kiora Pharmaceuticals. If investors know Kiora 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 Kiora Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
0.002
Return On Assets
(0.34)
Return On Equity
(1.43)
The market value of Kiora Pharmaceuticals is measured differently than its book value, which is the value of Kiora that is recorded on the company's balance sheet. Investors also form their own opinion of Kiora Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Kiora Pharmaceuticals' 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 Kiora Pharmaceuticals' market value can be influenced by many factors that don't directly affect Kiora Pharmaceuticals' 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 Kiora Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kiora Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kiora Pharmaceuticals' 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.