Knowles Cash Conversion Cycle vs End Period Cash Flow Analysis
| KN Stock | USD 18.93 0.35 1.88% |
Knowles Cor financial indicator trend analysis is infinitely more than just investigating Knowles Cor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Knowles Cor is a good investment. Please check the relationship between Knowles Cor Cash Conversion Cycle and its End Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knowles Cor. 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. To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
Cash Conversion Cycle vs End Period Cash Flow
Cash Conversion Cycle vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knowles Cor Cash Conversion Cycle account and End Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Knowles Cor's Cash Conversion Cycle and End Period Cash Flow is 0.36. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Knowles Cor, assuming nothing else is changed. The correlation between historical values of Knowles Cor's Cash Conversion Cycle and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of Knowles Cor are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Cash Conversion Cycle i.e., Knowles Cor's Cash Conversion Cycle and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash Conversion Cycle
End Period Cash Flow
Most indicators from Knowles Cor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Knowles Cor 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 Knowles Cor. 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. To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 141.6 M. Also, Discontinued Operations is likely to grow to about 241.5 K
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 14.2M | 3.9M | 7.4M | 7.0M | Depreciation And Amortization | 62.5M | 53.9M | 46.5M | 66.7M |
Knowles Cor fundamental ratios Correlations
Click cells to compare fundamentals
Knowles Cor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Knowles Cor fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 1.7B | 1.7B | 1.2B | 1.5B | 1.7B | |
| Other Current Liab | 4.6M | 46.4M | 59.5M | 44.3M | 56.4M | 37.0M | |
| Total Current Liabilities | 151.5M | 297.3M | 166.2M | 99.1M | 164.6M | 194.0M | |
| Total Stockholder Equity | 1.3B | 1.3B | 1.5B | 992.9M | 1.0B | 1.2B | |
| Other Liab | 25.8M | 35.4M | 21.2M | 38.3M | 44.0M | 35.9M | |
| Net Tangible Assets | 312M | 333.5M | 435.6M | 444M | 510.6M | 536.1M | |
| Retained Earnings | (175.1M) | (168.5M) | (18.1M) | (448.2M) | (375.8M) | (357.0M) | |
| Accounts Payable | 87.7M | 70.3M | 90.9M | 41.4M | 51.3M | 75.0M | |
| Cash | 78.4M | 147.8M | 68.9M | 48.2M | 87.3M | 74.1M | |
| Other Assets | 24.5M | 56M | 94.5M | 91M | 104.7M | 53.0M | |
| Net Receivables | 159.6M | 131.4M | 146.6M | 134.7M | 135.3M | 123.8M | |
| Good Will | 909.9M | 910M | 941.3M | 471M | 540.7M | 875.0M | |
| Retained Earnings Total Equity | (175.1M) | (168.5M) | (18.1M) | (448.2M) | (403.4M) | (383.2M) | |
| Common Stock Shares Outstanding | 93.4M | 92.9M | 94.7M | 91.7M | 91.6M | 98.0M | |
| Inventory | 141.8M | 130.1M | 153.1M | 169.5M | 196.4M | 147.6M | |
| Other Current Assets | 8.6M | 18.1M | 22.4M | 10M | 9.8M | 11.7M | |
| Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | |
| Total Liab | 366.1M | 351.4M | 272.1M | 191M | 428.7M | 410.5M | |
| Deferred Long Term Liab | 2.2M | 2M | 600K | 900K | 810K | 769.5K | |
| Total Current Assets | 388.4M | 419.6M | 380.3M | 362.4M | 428.8M | 409.7M | |
| Accumulated Other Comprehensive Income | (112M) | (100.5M) | (100.4M) | (122.1M) | (129.8M) | (123.3M) | |
| Short Term Debt | 9.3M | 177.9M | 14.1M | 10.9M | 53.8M | 32.6M | |
| Intangible Assets | 91.7M | 78.7M | 97.3M | 85.1M | 189.4M | 176.0M | |
| Property Plant Equipment | 206.5M | 191.5M | 200.8M | 161.8M | 145.6M | 177.2M | |
| Short Long Term Debt Total | 191.2M | 194M | 96.1M | 60.6M | 286.7M | 206.6M | |
| Property Plant And Equipment Net | 240.1M | 214.8M | 218.2M | 174.4M | 188.5M | 192.1M | |
| Net Debt | 112.8M | 46.2M | 27.2M | 12.4M | 199.4M | 128.0M | |
| Non Current Assets Total | 1.3B | 1.2B | 1.4B | 821.5M | 1.0B | 1.0B | |
| Non Currrent Assets Other | 24.5M | 31.8M | 94.5M | 83.8M | 114.7M | 120.4M | |
| Cash And Short Term Investments | 78.4M | 147.8M | 68.9M | 48.2M | 87.3M | 84.0M | |
| Liabilities And Stockholders Equity | 1.7B | 1.7B | 1.7B | 1.2B | 1.5B | 1.3B | |
| Non Current Liabilities Total | 214.6M | 54.1M | 105.9M | 91.9M | 264.1M | 212.6M | |
| Property Plant And Equipment Gross | 240.1M | 214.8M | 218.2M | 174.4M | 668.1M | 701.5M | |
| Current Deferred Revenue | 49.9M | 47.4M | 58.9M | 900K | 10.4M | 9.9M | |
| Long Term Debt Total | 156.8M | 5.5M | 70M | 45M | 40.5M | 38.5M |
Pair Trading with Knowles Cor
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 Knowles Cor 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 Knowles Cor will appreciate offsetting losses from the drop in the long position's value.Moving together with Knowles Stock
Moving against Knowles Stock
| 0.54 | PG | Procter Gamble | PairCorr |
| 0.53 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.46 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.43 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
The ability to find closely correlated positions to Knowles Cor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Knowles Cor 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 Knowles Cor - 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 Knowles Cor to buy it.
The correlation of Knowles Cor 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 Knowles Cor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Knowles Cor 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 Knowles Cor 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knowles Cor. 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. To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electronic Equipment, Instruments & Components 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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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 (0.98) | Earnings Share 0.51 | Revenue Per Share 8.96 | Quarterly Revenue Growth 0.318 | Return On Assets 0.0329 |
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.