KEP Stock | | | USD 7.42 0.04 0.54% |
Korea Electric financial indicator trend analysis is infinitely more than just investigating Korea Electric Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korea Electric Power is a good investment. Please check the relationship between Korea Electric Other Current Assets and its Non Currrent Assets Other accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Other Current Assets vs Non Currrent Assets Other
Other Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Korea Electric Power Other Current Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Korea Electric's Other Current Assets and Non Currrent Assets Other is 0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Korea Electric Power, assuming nothing else is changed. The correlation between historical values of Korea Electric's Other Current Assets and Non Currrent Assets Other 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 Korea Electric Power are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Korea Electric's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Korea Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korea Electric Power 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 Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Korea Electric's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/15/2024,
Enterprise Value Over EBITDA is likely to grow to 16.33, while
Selling General Administrative is likely to drop slightly above 1.8
T.
Korea Electric fundamental ratios Correlations
Click cells to compare fundamentals
Korea Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Korea Electric fundamental ratios Accounts
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