Knot Offshore Partners Stock Fundamentals
| KNOP Stock | USD 6.02 0.08 1.31% |
KNOT Offshore Partners fundamentals help investors to digest information that contributes to KNOT Offshore's financial success or failures. It also enables traders to predict the movement of KNOT Stock. The fundamental analysis module provides a way to measure KNOT Offshore's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to KNOT Offshore stock.
At this time, KNOT Offshore's Interest Expense is relatively stable compared to the past year. As of 11/25/2024, Gross Profit is likely to grow to about 89.7 M, while Total Revenue is likely to drop slightly above 213.7 M. KNOT | Select Account or Indicator |
KNOT Offshore Partners Company Return On Asset Analysis
KNOT Offshore's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current KNOT Offshore Return On Asset | 0.0298 |
Most of KNOT Offshore's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, KNOT Offshore Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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KNOT Total Assets
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Based on the latest financial disclosure, KNOT Offshore Partners has a Return On Asset of 0.0298. This is 105.84% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The return on asset for all United States stocks is 121.29% lower than that of the firm.
KNOT Offshore Partners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining KNOT Offshore's current stock value. Our valuation model uses many indicators to compare KNOT Offshore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KNOT Offshore competition to find correlations between indicators driving KNOT Offshore's intrinsic value. More Info.KNOT Offshore Partners is rated fifth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 9.31 of Return On Asset per Return On Equity. At this time, KNOT Offshore's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value KNOT Offshore by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.KNOT Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KNOT Offshore's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of KNOT Offshore could also be used in its relative valuation, which is a method of valuing KNOT Offshore by comparing valuation metrics of similar companies.KNOT Offshore is currently under evaluation in return on asset category among its peers.
KNOT Offshore ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, KNOT Offshore's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to KNOT Offshore's managers, analysts, and investors.Environmental | Governance | Social |
KNOT Fundamentals
| Return On Equity | 0.0032 | ||||
| Return On Asset | 0.0298 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 1.05 B | ||||
| Shares Outstanding | 34.05 M | ||||
| Shares Owned By Insiders | 28.64 % | ||||
| Shares Owned By Institutions | 28.10 % | ||||
| Number Of Shares Shorted | 364.04 K | ||||
| Price To Earning | 8.08 X | ||||
| Price To Book | 0.36 X | ||||
| Price To Sales | 0.72 X | ||||
| Revenue | 290.72 M | ||||
| Gross Profit | 178.98 M | ||||
| EBITDA | 144.64 M | ||||
| Net Income | (33.57 M) | ||||
| Cash And Equivalents | 88.47 M | ||||
| Cash Per Share | 2.53 X | ||||
| Total Debt | 958.91 M | ||||
| Debt To Equity | 1.47 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 14.67 X | ||||
| Cash Flow From Operations | 131.64 M | ||||
| Short Ratio | 6.02 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Price To Earnings To Growth | 10.45 X | ||||
| Target Price | 12.5 | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 213.12 M | ||||
| Total Asset | 1.6 B | ||||
| Working Capital | (37.8 M) | ||||
| Current Asset | 27.43 M | ||||
| Current Liabilities | 66.69 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 12.03 % | ||||
| Net Asset | 1.6 B | ||||
| Last Dividend Paid | 0.1 |
About KNOT Offshore Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KNOT Offshore Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KNOT Offshore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KNOT Offshore Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 467 K | 443.6 K | |
| Total Revenue | 290.7 M | 213.7 M | |
| Cost Of Revenue | 209.8 M | 124 M | |
| Sales General And Administrative To Revenue | 0.02 | 0.03 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 8.54 | 5.34 | |
| Ebit Per Revenue | 0.09 | 0.08 |
Pair Trading with KNOT Offshore
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 KNOT Offshore 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 KNOT Offshore will appreciate offsetting losses from the drop in the long position's value.Moving together with KNOT Stock
Moving against KNOT Stock
| 0.9 | PXSAP | Pyxis Tankers | PairCorr |
| 0.86 | SB-PC | Safe Bulkers | PairCorr |
| 0.85 | SB-PD | Safe Bulkers | PairCorr |
| 0.44 | KEX | Kirby | PairCorr |
The ability to find closely correlated positions to KNOT Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOT Offshore 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 KNOT Offshore - 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 KNOT Offshore Partners to buy it.
The correlation of KNOT Offshore 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 KNOT Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOT Offshore Partners 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 KNOT Offshore 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.Additional Tools for KNOT Stock Analysis
When running KNOT Offshore's price analysis, check to measure KNOT Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.