Kneat Inc Stock Cash And Equivalents
| KSI Stock | 5.59 0.13 2.27% |
Kneat Inc fundamentals help investors to digest information that contributes to Kneat's financial success or failures. It also enables traders to predict the movement of Kneat Stock. The fundamental analysis module provides a way to measure Kneat'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 Kneat stock.
Kneat | Cash And Equivalents |
Kneat Inc Company Cash And Equivalents Analysis
Kneat's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Kneat Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Kneat is extremely important. It helps to project a fair market value of Kneat Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Kneat's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kneat's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kneat's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Kneat Inc has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Health Care Technology sector and about the same as Health Care (which currently averages 0.0) industry. The cash and equivalents for all Canada stocks is 100.0% higher than that of the company.
Kneat Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kneat's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kneat could also be used in its relative valuation, which is a method of valuing Kneat by comparing valuation metrics of similar companies.Kneat is currently under evaluation in cash and equivalents category among its peers.
Kneat Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kneat from analyzing Kneat's financial statements. These drivers represent accounts that assess Kneat's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kneat's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 160.8M | 185.9M | 293.5M | 206.8M | 237.4M | 249.3M | |
| Enterprise Value | 158.1M | 186.7M | 279.8M | 201.6M | 250.3M | 262.8M |
Kneat Fundamentals
| Return On Equity | -0.33 | ||||
| Return On Asset | -0.0687 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 521.11 M | ||||
| Shares Outstanding | 93.62 M | ||||
| Shares Owned By Insiders | 23.81 % | ||||
| Shares Owned By Institutions | 12.98 % | ||||
| Number Of Shares Shorted | 45.55 K | ||||
| Price To Book | 16.94 X | ||||
| Price To Sales | 11.63 X | ||||
| Revenue | 34.22 M | ||||
| Gross Profit | 14.65 M | ||||
| EBITDA | (6.14 M) | ||||
| Net Income | (14.12 M) | ||||
| Total Debt | 28.17 M | ||||
| Book Value Per Share | 0.36 X | ||||
| Cash Flow From Operations | (1.28 M) | ||||
| Short Ratio | 0.62 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 5.88 | ||||
| Number Of Employees | 293 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 523.36 M | ||||
| Total Asset | 64.5 M | ||||
| Retained Earnings | (70.45 M) | ||||
| Working Capital | 5.94 M | ||||
| Net Asset | 64.5 M |
About Kneat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kneat Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kneat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kneat Inc 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.
Other Information on Investing in Kneat Stock
Kneat financial ratios help investors to determine whether Kneat Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kneat with respect to the benefits of owning Kneat security.