Kelso Invested Capital 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 Invested Capital 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.

Invested Capital vs Capex To Depreciation

Invested Capital 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 Invested Capital account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Kelso Technologies' Invested Capital and Capex To Depreciation is -0.06. Overlapping area represents the amount of variation of Invested Capital 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' Invested Capital 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 Invested Capital 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 Invested Capital i.e., Kelso Technologies' Invested Capital and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

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Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Kelso Technologies. There are two different methods for calculating Kelso Technologies invested capital: operating approach and financing approach. Understanding Kelso Technologies invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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.

	2022	2023	2024	2025 (projected)
Gross Profit	4.9M	4.6M	4.7M	3.0M
Total Revenue	10.9M	10.8M	10.7M	7.6M

Gross Profit Total Revenue

Kelso Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Inventory	Other Current Assets
Total Assets		0.59	0.69	0.99	0.8	-0.73	0.01	0.37	0.76	0.8	-0.18	0.6	0.76	0.82	0.4	0.61	0.56	0.29	0.72	0.25	0.98	0.38	0.66	0.46	0.83	0.41
Other Current Liab	0.59		0.53	0.56	0.23	-0.87	0.33	0.38	0.86	0.27	-0.3	0.52	0.86	0.64	0.1	0.15	0.64	0.23	0.53	-0.16	0.66	0.19	0.12	0.28	0.11	-0.23
Total Current Liabilities	0.69	0.53		0.6	0.54	-0.63	-0.19	0.82	0.55	0.47	0.08	0.55	0.55	0.74	0.42	0.32	0.69	0.43	0.99	0.41	0.7	0.09	0.42	-0.03	0.49	0.23
Total Stockholder Equity	0.99	0.56	0.6		0.79	-0.7	0.03	0.28	0.74	0.8	-0.22	0.56	0.74	0.78	0.39	0.61	0.49	0.24	0.63	0.23	0.96	0.39	0.65	0.5	0.84	0.42
Property Plant And Equipment Net	0.8	0.23	0.54	0.79		-0.24	-0.33	0.38	0.27	0.98	-0.18	0.56	0.27	0.46	0.38	0.64	0.27	-0.01	0.57	0.51	0.65	0.66	0.79	0.23	0.9	0.35
Net Debt	-0.73	-0.87	-0.63	-0.7	-0.24		-0.33	-0.39	-0.99	-0.25	0.17	-0.44	-0.99	-0.82	-0.21	-0.26	-0.72	-0.47	-0.64	0.05	-0.84	0.03	-0.22	-0.35	-0.26	-0.02
Retained Earnings	0.01	0.33	-0.19	0.03	-0.33	-0.33		-0.53	0.4	-0.33	-0.1	0.08	0.4	0.15	-0.69	-0.56	0.31	0.25	-0.21	-0.83	0.13	-0.22	-0.64	0.32	-0.28	0.1
Accounts Payable	0.37	0.38	0.82	0.28	0.38	-0.39	-0.53		0.28	0.33	0.03	0.34	0.28	0.37	0.47	0.3	0.45	0.19	0.83	0.68	0.35	0.08	0.42	-0.29	0.26	-0.23
Cash	0.76	0.86	0.55	0.74	0.27	-0.99	0.4	0.28		0.29	-0.18	0.48	1.0	0.8	0.15	0.26	0.71	0.45	0.55	-0.13	0.85	0.05	0.22	0.45	0.28	0.04
Non Current Assets Total	0.8	0.27	0.47	0.8	0.98	-0.25	-0.33	0.33	0.29		-0.15	0.62	0.29	0.42	0.39	0.67	0.27	-0.1	0.51	0.46	0.65	0.75	0.8	0.3	0.89	0.28
Non Currrent Assets Other	-0.18	-0.3	0.08	-0.22	-0.18	0.17	-0.1	0.03	-0.18	-0.15		0.21	-0.18	-0.07	0.0	-0.02	0.31	-0.06	0.05	-0.06	-0.17	0.1	-0.02	0.04	-0.12	0.01
Other Assets	0.6	0.52	0.55	0.56	0.56	-0.44	0.08	0.34	0.48	0.62	0.21		0.48	0.39	0.13	0.3	0.73	0.15	0.55	0.0	0.53	0.72	0.36	0.39	0.44	-0.05
Cash And Short Term Investments	0.76	0.86	0.55	0.74	0.27	-0.99	0.4	0.28	1.0	0.29	-0.18	0.48		0.8	0.15	0.26	0.71	0.45	0.55	-0.13	0.85	0.05	0.22	0.45	0.28	0.04
Net Receivables	0.82	0.64	0.74	0.78	0.46	-0.82	0.15	0.37	0.8	0.42	-0.07	0.39	0.8		0.35	0.46	0.6	0.57	0.73	0.07	0.88	-0.01	0.43	0.26	0.48	0.42
Common Stock Total Equity	0.4	0.1	0.42	0.39	0.38	-0.21	-0.69	0.47	0.15	0.39	0.0	0.13	0.15	0.35		0.75	0.08	0.23	0.44	0.48	0.36	0.14	0.7	0.15	0.43	0.15
Common Stock Shares Outstanding	0.61	0.15	0.32	0.61	0.64	-0.26	-0.56	0.3	0.26	0.67	-0.02	0.3	0.26	0.46	0.75		0.11	0.07	0.35	0.47	0.52	0.43	0.95	0.3	0.65	0.16
Non Current Liabilities Total	0.56	0.64	0.69	0.49	0.27	-0.72	0.31	0.45	0.71	0.27	0.31	0.73	0.71	0.6	0.08	0.11		0.48	0.67	-0.15	0.61	0.21	0.11	0.31	0.21	-0.05
Other Stockholder Equity	0.29	0.23	0.43	0.24	-0.01	-0.47	0.25	0.19	0.45	-0.1	-0.06	0.15	0.45	0.57	0.23	0.07	0.48		0.41	-0.14	0.4	-0.36	-0.03	0.18	0.03	0.29
Total Liab	0.72	0.53	0.99	0.63	0.57	-0.64	-0.21	0.83	0.55	0.51	0.05	0.55	0.55	0.73	0.44	0.35	0.67	0.41		0.45	0.72	0.11	0.46	0.02	0.55	0.24
Property Plant And Equipment Gross	0.25	-0.16	0.41	0.23	0.51	0.05	-0.83	0.68	-0.13	0.46	-0.06	0.0	-0.13	0.07	0.48	0.47	-0.15	-0.14	0.45		0.15	0.15	0.64	-0.39	0.45	0.01
Total Current Assets	0.98	0.66	0.7	0.96	0.65	-0.84	0.13	0.35	0.85	0.65	-0.17	0.53	0.85	0.88	0.36	0.52	0.61	0.4	0.72	0.15		0.2	0.54	0.48	0.72	0.42
Intangible Assets	0.38	0.19	0.09	0.39	0.66	0.03	-0.22	0.08	0.05	0.75	0.1	0.72	0.05	-0.01	0.14	0.43	0.21	-0.36	0.11	0.15	0.2		0.51	0.34	0.46	-0.17
Common Stock	0.66	0.12	0.42	0.65	0.79	-0.22	-0.64	0.42	0.22	0.8	-0.02	0.36	0.22	0.43	0.7	0.95	0.11	-0.03	0.46	0.64	0.54	0.51		0.22	0.76	0.2
Short Long Term Debt Total	0.46	0.28	-0.03	0.5	0.23	-0.35	0.32	-0.29	0.45	0.3	0.04	0.39	0.45	0.26	0.15	0.3	0.31	0.18	0.02	-0.39	0.48	0.34	0.22		0.38	0.19
Inventory	0.83	0.11	0.49	0.84	0.9	-0.26	-0.28	0.26	0.28	0.89	-0.12	0.44	0.28	0.48	0.43	0.65	0.21	0.03	0.55	0.45	0.72	0.46	0.76	0.38		0.58
Other Current Assets	0.41	-0.23	0.23	0.42	0.35	-0.02	0.1	-0.23	0.04	0.28	0.01	-0.05	0.04	0.42	0.15	0.16	-0.05	0.29	0.24	0.01	0.42	-0.17	0.2	0.19	0.58

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Kelso Technologies Account Relationship Matchups

Kelso Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.0M	13.7M	12.1M	9.7M	6.6M	6.1M
Other Current Liab	91.6K	91.8K	3.7K	23.0K	18.7K	17.8K
Total Current Liabilities	958.1K	1.2M	1.3M	983.0K	2.3M	2.4M
Total Stockholder Equity	11.0M	12.1M	10.8M	8.7M	4.2M	5.1M
Property Plant And Equipment Net	4.2M	3.2M	3.3M	3.2M	2.2M	1.5M
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 Payable	814.8K	1.1M	1.2M	933.4K	2.1M	2.2M
Cash	1.0M	3.4M	2.7M	1.4M	153.2K	145.5K
Non Current Assets Total	4.8M	3.8M	3.8M	3.7M	2.2M	1.7M
Non Currrent Assets Other	(4.0M)	(4.8M)	127.6K	67.2K	60.5K	63.5K
Cash And Short Term Investments	1.0M	3.4M	2.7M	1.4M	153.2K	145.5K
Net Receivables	535.7K	807.0K	1.4M	1.1M	1.1M	742.9K
Liabilities And Stockholders Equity	12.0M	13.7M	12.1M	9.7M	6.6M	6.1M
Non Current Liabilities Total	97.5K	463.0K	34.7K	0.0	58.9K	56.0K
Other Stockholder Equity	4.2M	4.7M	4.8M	4.8M	5.6M	6.8M
Total Liab	1.1M	1.7M	1.4M	983.0K	2.3M	2.5M
Property Plant And Equipment Gross	4.2M	6.9M	7.7M	8.3M	8.3M	8.7M
Total Current Assets	7.2M	9.9M	8.3M	6.0M	4.4M	4.4M
Accumulated Other Comprehensive Income	4.7M	4.8M	4.8M	4.8M	5.5M	5.8M
Short Long Term Debt Total	149.3K	287.7K	146.7K	16.6K	19.1K	18.2K
Inventory	5.5M	5.5M	4.1M	3.4M	3.0M	2.6M
Other Current Assets	162.7K	161.5K	92.8K	134.3K	89.7K	157.7K
Net Tangible Assets	11.2M	10.4M	11.6M	10.3M	11.9M	10.3M
Property Plant Equipment	4.2M	3.2M	3.3M	3.2M	2.2M	2.9M
Cash And Equivalents	4.4M	1.0M	3.4M	2.7M	3.1M	2.4M
Net Invested Capital	11.0M	12.1M	10.8M	8.7M	4.2M	7.4M
Net Working Capital	6.3M	8.7M	7.0M	5.0M	2.1M	2.0M
Capital Lease Obligations	149.2K	287.7K	146.7K	16.6K	115.9K	119.1K

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.

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Kelso Invested Capital vs Capex To Depreciation Analysis

Invested Capital vs Capex To Depreciation

Invested Capital vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Invested Capital

Capex To Depreciation

Kelso Technologies fundamental ratios Correlations

Kelso Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kelso Technologies fundamental ratios Accounts

Other Information on Investing in Kelso Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.96	Total Stockholder Equity

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.87	Other Current Liab
Total Current Assets	- 0.84	Net Debt
Property Plant And Equipment Gross	- 0.83	Retained Earnings
Net Receivables	- 0.82	Net Debt