Kelso Capex To Depreciation vs Dividend Yield Analysis

KLS Stock  CAD 0.16  0.01  5.88%   
Kelso Technologies financial indicator trend analysis is infinitely more than just investigating Kelso Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kelso Technologies is a good investment. Please check the relationship between Kelso Technologies Capex To Depreciation and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelso Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Dividend Yield

Capex To Depreciation vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelso Technologies Capex To Depreciation account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kelso Technologies' Capex To Depreciation and Dividend Yield is -0.47. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Kelso Technologies, assuming nothing else is changed. The correlation between historical values of Kelso Technologies' Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Kelso Technologies are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., Kelso Technologies' Capex To Depreciation and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Dividend Yield

Dividend Yield is Kelso Technologies dividend as a percentage of Kelso Technologies stock price. Kelso Technologies dividend yield is a measure of Kelso Technologies stock productivity, which can be interpreted as interest rate earned on an Kelso Technologies investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Kelso Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kelso Technologies 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 Kelso Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Kelso Technologies' Selling General Administrative is very stable compared to the past year. As of the 2nd of August 2025, Tax Provision is likely to grow to about 248.3 K, while Sales General And Administrative To Revenue is likely to drop 0.41.
 2022 2023 2024 2025 (projected)
Gross Profit4.9M4.6M4.7M3.0M
Total Revenue10.9M10.8M10.7M7.6M

Kelso Technologies fundamental ratios Correlations

0.590.690.990.8-0.730.010.370.760.8-0.180.60.760.820.40.610.560.290.720.250.980.380.660.460.830.41
0.590.530.560.23-0.870.330.380.860.27-0.30.520.860.640.10.150.640.230.53-0.160.660.190.120.280.11-0.23
0.690.530.60.54-0.63-0.190.820.550.470.080.550.550.740.420.320.690.430.990.410.70.090.42-0.030.490.23
0.990.560.60.79-0.70.030.280.740.8-0.220.560.740.780.390.610.490.240.630.230.960.390.650.50.840.42
0.80.230.540.79-0.24-0.330.380.270.98-0.180.560.270.460.380.640.27-0.010.570.510.650.660.790.230.90.35
-0.73-0.87-0.63-0.7-0.24-0.33-0.39-0.99-0.250.17-0.44-0.99-0.82-0.21-0.26-0.72-0.47-0.640.05-0.840.03-0.22-0.35-0.26-0.02
0.010.33-0.190.03-0.33-0.33-0.530.4-0.33-0.10.080.40.15-0.69-0.560.310.25-0.21-0.830.13-0.22-0.640.32-0.280.1
0.370.380.820.280.38-0.39-0.530.280.330.030.340.280.370.470.30.450.190.830.680.350.080.42-0.290.26-0.23
0.760.860.550.740.27-0.990.40.280.29-0.180.481.00.80.150.260.710.450.55-0.130.850.050.220.450.280.04
0.80.270.470.80.98-0.25-0.330.330.29-0.150.620.290.420.390.670.27-0.10.510.460.650.750.80.30.890.28
-0.18-0.30.08-0.22-0.180.17-0.10.03-0.18-0.150.21-0.18-0.070.0-0.020.31-0.060.05-0.06-0.170.1-0.020.04-0.120.01
0.60.520.550.560.56-0.440.080.340.480.620.210.480.390.130.30.730.150.550.00.530.720.360.390.44-0.05
0.760.860.550.740.27-0.990.40.281.00.29-0.180.480.80.150.260.710.450.55-0.130.850.050.220.450.280.04
0.820.640.740.780.46-0.820.150.370.80.42-0.070.390.80.350.460.60.570.730.070.88-0.010.430.260.480.42
0.40.10.420.390.38-0.21-0.690.470.150.390.00.130.150.350.750.080.230.440.480.360.140.70.150.430.15
0.610.150.320.610.64-0.26-0.560.30.260.67-0.020.30.260.460.750.110.070.350.470.520.430.950.30.650.16
0.560.640.690.490.27-0.720.310.450.710.270.310.730.710.60.080.110.480.67-0.150.610.210.110.310.21-0.05
0.290.230.430.24-0.01-0.470.250.190.45-0.1-0.060.150.450.570.230.070.480.41-0.140.4-0.36-0.030.180.030.29
0.720.530.990.630.57-0.64-0.210.830.550.510.050.550.550.730.440.350.670.410.450.720.110.460.020.550.24
0.25-0.160.410.230.510.05-0.830.68-0.130.46-0.060.0-0.130.070.480.47-0.15-0.140.450.150.150.64-0.390.450.01
0.980.660.70.960.65-0.840.130.350.850.65-0.170.530.850.880.360.520.610.40.720.150.20.540.480.720.42
0.380.190.090.390.660.03-0.220.080.050.750.10.720.05-0.010.140.430.21-0.360.110.150.20.510.340.46-0.17
0.660.120.420.650.79-0.22-0.640.420.220.8-0.020.360.220.430.70.950.11-0.030.460.640.540.510.220.760.2
0.460.28-0.030.50.23-0.350.32-0.290.450.30.040.390.450.260.150.30.310.180.02-0.390.480.340.220.380.19
0.830.110.490.840.9-0.26-0.280.260.280.89-0.120.440.280.480.430.650.210.030.550.450.720.460.760.380.58
0.41-0.230.230.420.35-0.020.1-0.230.040.280.01-0.050.040.420.150.16-0.050.290.240.010.42-0.170.20.190.58
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Kelso Technologies Account Relationship Matchups

Kelso Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.0M13.7M12.1M9.7M6.6M6.1M
Other Current Liab91.6K91.8K3.7K23.0K18.7K17.8K
Total Current Liabilities958.1K1.2M1.3M983.0K2.3M2.4M
Total Stockholder Equity11.0M12.1M10.8M8.7M4.2M5.1M
Property Plant And Equipment Net4.2M3.2M3.3M3.2M2.2M1.5M
Net Debt(899.8K)(3.1M)(2.6M)(1.4M)(1.3M)(1.3M)
Retained Earnings(17.1M)(19.8M)(21.2M)(23.3M)(27.9M)(26.5M)
Accounts Payable814.8K1.1M1.2M933.4K2.1M2.2M
Cash1.0M3.4M2.7M1.4M153.2K145.5K
Non Current Assets Total4.8M3.8M3.8M3.7M2.2M1.7M
Non Currrent Assets Other(4.0M)(4.8M)127.6K67.2K60.5K63.5K
Cash And Short Term Investments1.0M3.4M2.7M1.4M153.2K145.5K
Net Receivables535.7K807.0K1.4M1.1M1.1M742.9K
Liabilities And Stockholders Equity12.0M13.7M12.1M9.7M6.6M6.1M
Non Current Liabilities Total97.5K463.0K34.7K0.058.9K56.0K
Other Stockholder Equity4.2M4.7M4.8M4.8M5.6M6.8M
Total Liab1.1M1.7M1.4M983.0K2.3M2.5M
Property Plant And Equipment Gross4.2M6.9M7.7M8.3M8.3M8.7M
Total Current Assets7.2M9.9M8.3M6.0M4.4M4.4M
Accumulated Other Comprehensive Income4.7M4.8M4.8M4.8M5.5M5.8M
Short Long Term Debt Total149.3K287.7K146.7K16.6K19.1K18.2K
Inventory5.5M5.5M4.1M3.4M3.0M2.6M
Other Current Assets162.7K161.5K92.8K134.3K89.7K157.7K
Net Tangible Assets11.2M10.4M11.6M10.3M11.9M10.3M
Property Plant Equipment4.2M3.2M3.3M3.2M2.2M2.9M
Cash And Equivalents4.4M1.0M3.4M2.7M3.1M2.4M
Net Invested Capital11.0M12.1M10.8M8.7M4.2M7.4M
Net Working Capital6.3M8.7M7.0M5.0M2.1M2.0M
Capital Lease Obligations149.2K287.7K146.7K16.6K115.9K119.1K

Other Information on Investing in Kelso Stock

Balance Sheet is a snapshot of the financial position of Kelso Technologies at a specified time, usually calculated after every quarter, six months, or one year. Kelso Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kelso Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kelso currently owns. An asset can also be divided into two categories, current and non-current.