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 Direction | Negative |
Relationship Strength | Very 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 Expense | 4.2M | 5.3M | 7.6M | 8.0M | Depreciation And Amortization | 29.7M | 54.8M | 63.0M | 66.1M |
Karora Resources fundamental ratios Correlations
Click cells to compare fundamentals
Karora Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karora Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 177.8M | 350.1M | 436.3M | 557.1M | 604.6M | 634.9M | |
Other Current Liab | 24.3M | 42.2M | 45.9M | 51.8M | 5.9M | 5.6M | |
Total Current Liabilities | 32.2M | 53.0M | 71.0M | 77.8M | 78.0M | 81.9M | |
Total Stockholder Equity | 92.3M | 207.2M | 251.4M | 348.6M | 367.7M | 386.1M | |
Property Plant And Equipment Net | 99.0M | 239.0M | 300.7M | 427.0M | 465.5M | 488.8M | |
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) | |
Cash | 34.7M | 79.7M | 91.0M | 68.8M | 82.5M | 86.7M | |
Non Current Assets Total | 119.1M | 240.2M | 300.9M | 441.3M | 473.2M | 496.9M | |
Cash And Short Term Investments | 34.8M | 82.8M | 94.6M | 70.3M | 80.8M | 84.9M | |
Net Receivables | 7.0M | 4.3M | 5.7M | 8.5M | 127K | 120.7K | |
Common Stock Shares Outstanding | 119.2M | 143.4M | 153.7M | 168.0M | 178.3M | 187.2M | |
Liabilities And Stockholders Equity | 177.8M | 350.1M | 436.3M | 557.1M | 640.7M | 672.7M | |
Non Current Liabilities Total | 53.3M | 89.9M | 114.0M | 130.6M | 158.9M | 166.9M | |
Other Stockholder Equity | 30.3M | 31.4M | 31.5M | 33.1M | 29.8M | 33.6M | |
Total Liab | 85.5M | 142.9M | 185.0M | 208.5M | 237.0M | 248.8M | |
Property Plant And Equipment Gross | 99.0M | 239.0M | 379.7M | 564.4M | 675.3M | 709.0M | |
Total Current Assets | 58.7M | 109.9M | 135.4M | 115.9M | 131.5M | 138.0M | |
Accumulated Other Comprehensive Income | 6.1M | 5.8M | 2.0M | 2.6M | 3.0M | 3.1M | |
Short Term Debt | 599K | 4.7M | 6.4M | 4.2M | 4.9M | 3.3M | |
Short Long Term Debt Total | 32.1M | 39.0M | 41.6M | 48.7M | 55.9M | 58.7M | |
Non Currrent Assets Other | 52K | 1.2M | 20K | 13.9M | 327K | 310.7K | |
Accounts Payable | 7.3M | 6.1M | 18.7M | 21.8M | 39.2M | 41.2M | |
Common Stock Total Equity | 164.2M | 196.1M | 263.4M | 289.5M | 332.9M | 181.4M | |
Common Stock | 263.4M | 289.5M | 310.1M | 395.5M | 454.9M | 477.6M | |
Other Assets | 428K | 1.2M | 227K | 14.3M | 16.4M | 17.3M | |
Capital Surpluse | 30.3M | 31.4M | 31.5M | 33.1M | 38.0M | 32.5M | |
Property Plant Equipment | 99.0M | 239.0M | 300.7M | 427.0M | 491.0M | 515.6M | |
Other Liab | 1.6M | 21.8M | 55.7M | 78.8M | 90.6M | 95.1M | |
Net Tangible Assets | 92.3M | 207.2M | 251.4M | 348.6M | 400.9M | 421.0M | |
Current Deferred Revenue | 13.3M | 4.9M | 21.5M | 39.3M | 45.2M | 47.4M | |
Long Term Debt | 30.8M | 32.1M | 29.6M | 38.6M | 39.1M | 26.6M | |
Long Term Debt Total | 31.5M | 34.2M | 35.2M | 44.4M | 51.1M | 26.5M | |
Capital Lease Obligations | 1.2M | 3.9M | 9.0M | 10.0M | 24.1M | 25.3M | |
Inventory | 15.0M | 20.8M | 32.9M | 32.7M | 39.5M | 21.7M | |
Other Current Assets | 1.8M | 2.0M | 2.3M | 4.3M | 5.0M | 2.9M | |
Long Term Investments | 1.6M | 22.5M | 19.7M | 0.0 | 7.2M | 6.0M | |
Short Long Term Debt | 4.2M | 120K | 3.0M | 3.0M | 2.7M | 3.3M |
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Try AI Portfolio ArchitectCheck 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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