Kelso Days Sales Outstanding vs Capex To Depreciation 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 Days Sales Outstanding and its Capex To Depreciation 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.
Days Sales Outstanding vs Capex To Depreciation
Days Sales Outstanding vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kelso Technologies Days Sales Outstanding account and
Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kelso Technologies' Days Sales Outstanding and Capex To Depreciation is -0.08. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Depreciation 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' Days Sales Outstanding and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Kelso Technologies are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Sales Outstanding i.e., Kelso Technologies' Days Sales Outstanding and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Sales Outstanding
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.
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.
Kelso Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Kelso Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kelso Technologies fundamental ratios Accounts
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.