Karora Book Value Per Share vs Pb Ratio Analysis

KRR Stock  CAD 5.35  0.03  0.56%   
Karora Resources financial indicator trend analysis is infinitely more than just investigating Karora Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karora Resources is a good investment. Please check the relationship between Karora Resources Book Value Per Share and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karora Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Pb Ratio

Book Value Per Share vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karora Resources Book Value Per Share account and Pb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Karora Resources' Book Value Per Share and Pb Ratio is -0.59. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Karora Resources, assuming nothing else is changed. The correlation between historical values of Karora Resources' Book Value Per Share and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Karora Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., Karora Resources' Book Value Per Share and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Pb Ratio

Most indicators from Karora Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karora Resources 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 Karora Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Karora Resources' Selling General Administrative is very stable compared to the past year. As of the 25th of May 2024, Tax Provision is likely to grow to about 11.8 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense4.2M5.3M7.6M8.0M
Depreciation And Amortization29.7M54.8M63.0M66.1M

Karora Resources fundamental ratios Correlations

0.480.870.991.0-0.560.060.931.00.92-0.130.930.560.99-0.140.970.990.950.310.910.37-0.470.880.760.960.88
0.480.610.420.42-0.54-0.380.630.430.650.310.640.570.49-0.120.540.340.620.480.60.53-0.560.190.740.490.15
0.870.610.780.85-0.34-0.320.830.850.82-0.180.910.470.89-0.230.950.830.860.710.930.29-0.710.870.80.890.7
0.990.420.780.99-0.610.190.90.990.89-0.080.880.560.96-0.090.920.980.930.170.840.4-0.360.820.70.930.89
1.00.420.850.99-0.530.110.891.00.88-0.160.890.520.98-0.150.960.990.920.290.890.39-0.450.890.710.950.91
-0.56-0.54-0.34-0.61-0.53-0.34-0.75-0.51-0.77-0.26-0.5-0.8-0.55-0.14-0.49-0.47-0.7-0.01-0.43-0.140.07-0.21-0.48-0.43-0.21
0.06-0.38-0.320.190.11-0.340.00.080.00.15-0.290.22-0.010.31-0.120.13-0.02-0.48-0.260.140.68-0.05-0.4-0.160.15
0.930.630.830.90.89-0.750.00.891.0-0.030.910.730.94-0.070.930.860.990.370.920.23-0.450.730.80.890.67
1.00.430.850.991.0-0.510.080.890.87-0.160.90.510.98-0.160.960.990.920.290.890.39-0.460.890.720.960.91
0.920.650.820.890.88-0.770.01.00.87-0.010.90.750.93-0.070.920.850.990.380.910.24-0.440.710.80.870.65
-0.130.31-0.18-0.08-0.16-0.260.15-0.03-0.16-0.01-0.140.0-0.160.57-0.17-0.19-0.01-0.24-0.150.420.36-0.33-0.03-0.2-0.23
0.930.640.910.880.89-0.5-0.290.910.90.9-0.140.550.94-0.220.960.870.940.430.950.29-0.660.80.890.980.75
0.560.570.470.560.52-0.80.220.730.510.750.00.550.57-0.010.550.480.70.330.530.11-0.140.320.540.490.25
0.990.490.890.960.98-0.55-0.010.940.980.93-0.160.940.57-0.180.990.970.970.360.950.31-0.50.890.780.970.86
-0.14-0.12-0.23-0.09-0.15-0.140.31-0.07-0.16-0.070.57-0.22-0.01-0.18-0.2-0.14-0.07-0.19-0.19-0.030.55-0.17-0.25-0.2-0.09
0.970.540.950.920.96-0.49-0.120.930.960.92-0.170.960.550.99-0.20.950.950.490.970.31-0.590.910.810.970.82
0.990.340.830.980.99-0.470.130.860.990.85-0.190.870.480.97-0.140.950.90.270.870.36-0.40.910.670.940.93
0.950.620.860.930.92-0.7-0.020.990.920.99-0.010.940.70.97-0.070.950.90.370.930.28-0.460.780.820.930.73
0.310.480.710.170.29-0.01-0.480.370.290.38-0.240.430.330.36-0.190.490.270.370.540.04-0.570.480.460.360.17
0.910.60.930.840.89-0.43-0.260.920.890.91-0.150.950.530.95-0.190.970.870.930.540.27-0.60.840.830.940.76
0.370.530.290.40.39-0.140.140.230.390.240.420.290.110.31-0.030.310.360.280.040.27-0.10.150.280.30.43
-0.47-0.56-0.71-0.36-0.450.070.68-0.45-0.46-0.440.36-0.66-0.14-0.50.55-0.59-0.4-0.46-0.57-0.6-0.1-0.47-0.76-0.57-0.28
0.880.190.870.820.89-0.21-0.050.730.890.71-0.330.80.320.89-0.170.910.910.780.480.840.15-0.470.590.880.87
0.760.740.80.70.71-0.48-0.40.80.720.8-0.030.890.540.78-0.250.810.670.820.460.830.28-0.760.590.820.51
0.960.490.890.930.95-0.43-0.160.890.960.87-0.20.980.490.97-0.20.970.940.930.360.940.3-0.570.880.820.87
0.880.150.70.890.91-0.210.150.670.910.65-0.230.750.250.86-0.090.820.930.730.170.760.43-0.280.870.510.87
Click cells to compare fundamentals

Karora Resources Account Relationship Matchups

Karora Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets177.8M350.1M436.3M557.1M604.6M634.9M
Other Current Liab24.3M42.2M45.9M51.8M5.9M5.6M
Total Current Liabilities32.2M53.0M71.0M77.8M78.0M81.9M
Total Stockholder Equity92.3M207.2M251.4M348.6M367.7M386.1M
Property Plant And Equipment Net99.0M239.0M300.7M427.0M465.5M488.8M
Net Debt(2.5M)(40.7M)(49.4M)(20.1M)(18.1M)(19.0M)
Retained Earnings(207.5M)(119.5M)(92.3M)(82.6M)(73.6M)(77.3M)
Cash34.7M79.7M91.0M68.8M82.5M86.7M
Non Current Assets Total119.1M240.2M300.9M441.3M473.2M496.9M
Cash And Short Term Investments34.8M82.8M94.6M70.3M80.8M84.9M
Net Receivables7.0M4.3M5.7M8.5M127K120.7K
Common Stock Shares Outstanding119.2M143.4M153.7M168.0M178.3M187.2M
Liabilities And Stockholders Equity177.8M350.1M436.3M557.1M640.7M672.7M
Non Current Liabilities Total53.3M89.9M114.0M130.6M158.9M166.9M
Other Stockholder Equity30.3M31.4M31.5M33.1M29.8M33.6M
Total Liab85.5M142.9M185.0M208.5M237.0M248.8M
Property Plant And Equipment Gross99.0M239.0M379.7M564.4M675.3M709.0M
Total Current Assets58.7M109.9M135.4M115.9M131.5M138.0M
Accumulated Other Comprehensive Income6.1M5.8M2.0M2.6M3.0M3.1M
Short Term Debt599K4.7M6.4M4.2M4.9M3.3M
Short Long Term Debt Total32.1M39.0M41.6M48.7M55.9M58.7M
Non Currrent Assets Other52K1.2M20K13.9M327K310.7K
Accounts Payable7.3M6.1M18.7M21.8M39.2M41.2M
Common Stock Total Equity164.2M196.1M263.4M289.5M332.9M181.4M
Common Stock263.4M289.5M310.1M395.5M454.9M477.6M
Other Assets428K1.2M227K14.3M16.4M17.3M
Capital Surpluse30.3M31.4M31.5M33.1M38.0M32.5M
Property Plant Equipment99.0M239.0M300.7M427.0M491.0M515.6M
Other Liab1.6M21.8M55.7M78.8M90.6M95.1M
Net Tangible Assets92.3M207.2M251.4M348.6M400.9M421.0M
Current Deferred Revenue13.3M4.9M21.5M39.3M45.2M47.4M
Long Term Debt30.8M32.1M29.6M38.6M39.1M26.6M
Long Term Debt Total31.5M34.2M35.2M44.4M51.1M26.5M
Capital Lease Obligations1.2M3.9M9.0M10.0M24.1M25.3M
Inventory15.0M20.8M32.9M32.7M39.5M21.7M
Other Current Assets1.8M2.0M2.3M4.3M5.0M2.9M
Long Term Investments1.6M22.5M19.7M0.07.2M6.0M
Short Long Term Debt4.2M120K3.0M3.0M2.7M3.3M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karora Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Please note, there is a significant difference between Karora Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Karora Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karora Resources' 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.