Knife Asset Turnover from 2010 to 2024

KNF Stock   102.65  2.13  2.12%   
Knife River's Asset Turnover is decreasing over the last several years with slightly volatile swings. Asset Turnover is predicted to flatten to 0.83. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Knife River uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.08867445
Current Value
0.83
Quarterly Volatility
0.05351971
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Knife River financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knife River's main balance sheet or income statement drivers, such as Tax Provision of 49.5 M, Interest Income of 25.6 M or Depreciation And Amortization of 118.9 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0 or PTB Ratio of 1.99. Knife financial statements analysis is a perfect complement when working with Knife River Valuation or Volatility modules.
  
Check out the analysis of Knife River Correlation against competitors.
For more detail on how to invest in Knife Stock please use our How to Invest in Knife River guide.

Latest Knife River's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Knife River over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Knife River's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Knife River's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Knife Asset Turnover Regression Statistics

Arithmetic Mean1.01
Geometric Mean1.01
Coefficient Of Variation5.29
Mean Deviation0.02
Median1.02
Standard Deviation0.05
Sample Variance0
Range0.2587
R-Value(0.30)
Mean Square Error0
R-Squared0.09
Significance0.29
Slope(0)
Total Sum of Squares0.04

Knife Asset Turnover History

2024 0.83
2023 1.09
2022 1.01

Other Fundumenentals of Knife River

Knife River Asset Turnover component correlations

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About Knife River Financial Statements

Knife River stakeholders use historical fundamental indicators, such as Knife River's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Knife River investors may analyze each financial statement separately, they are all interrelated. For example, changes in Knife River's assets and liabilities are reflected in the revenues and expenses on Knife River's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Knife River. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.08  1.51 
Asset Turnover 1.09  0.83 

Currently Active Assets on Macroaxis

When determining whether Knife River is a strong investment it is important to analyze Knife River's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Knife River's future performance. For an informed investment choice regarding Knife Stock, refer to the following important reports:
Check out the analysis of Knife River Correlation against competitors.
For more detail on how to invest in Knife Stock please use our How to Invest in Knife River guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Knife River. If investors know Knife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Knife River listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Earnings Share
3.51
Revenue Per Share
51.039
Quarterly Revenue Growth
0.014
Return On Assets
0.0726
The market value of Knife River is measured differently than its book value, which is the value of Knife that is recorded on the company's balance sheet. Investors also form their own opinion of Knife River's value that differs from its market value or its book value, called intrinsic value, which is Knife River's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Knife River's market value can be influenced by many factors that don't directly affect Knife River's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Knife River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knife River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knife River's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.