Kelso Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelso Technologies Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kelso Technologies' Total Current Liabilities and Net Receivables is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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' Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Kelso Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Kelso Technologies' Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Kelso Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kelso Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

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 3rd 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

Click cells to compare fundamentals

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

Pair Trading with Kelso Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kelso Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kelso Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kelso Stock

0.68	BBD-B	Bombardier	Pair Corr
0.67	BCE	BCE Inc Earnings Call This Week	Pair Corr

Moving against Kelso Stock

0.46	ENB	Enbridge	Pair Corr
0.36	DFN-PA	Dividend 15 Split	Pair Corr
0.35	TRP	TC Energy Corp	Pair Corr

The ability to find closely correlated positions to Kelso Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelso Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kelso Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kelso Technologies to buy it.

The correlation of Kelso Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kelso Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelso Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kelso Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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 Total Current Liabilities vs Net Receivables Analysis

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Receivables

Kelso Technologies fundamental ratios Correlations

Kelso Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kelso Technologies fundamental ratios Accounts

Pair Trading with Kelso Technologies

Moving together with Kelso Stock

Moving against Kelso Stock

Other Information on Investing in Kelso Stock

COMMON DESTINATIONS

MAIN CATEGORIES

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