Kneomedia Accounts Payable vs Non Current Assets Total Analysis

KNM Stock   0  0.00  0.00%   
Kneomedia financial indicator trend analysis is infinitely more than just investigating Kneomedia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kneomedia is a good investment. Please check the relationship between Kneomedia Accounts Payable and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kneomedia. 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.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kneomedia Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kneomedia's Accounts Payable and Non Current Assets Total is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Kneomedia, assuming nothing else is changed. The correlation between historical values of Kneomedia's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kneomedia are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Kneomedia's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Kneomedia obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kneomedia are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Kneomedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kneomedia 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 Kneomedia. 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.
Selling General Administrative is likely to gain to about 1.7 M in 2024. Issuance Of Capital Stock is likely to gain to about 1.7 M in 2024

Kneomedia fundamental ratios Correlations

0.090.05-0.020.88-0.18-0.560.180.38-0.46-0.110.420.21-0.01-0.18-0.270.41-0.110.570.840.780.78-0.150.530.33-0.17
0.090.530.8-0.1-0.170.640.160.410.32-0.160.530.340.82-0.170.810.61-0.140.02-0.2-0.25-0.250.23-0.110.63-0.22
0.050.530.79-0.04-0.350.530.070.490.0-0.040.590.340.8-0.350.340.64-0.040.04-0.3-0.39-0.390.190.280.77-0.32
-0.020.80.79-0.12-0.430.750.10.470.25-0.110.660.220.99-0.430.740.74-0.080.13-0.35-0.47-0.470.160.180.81-0.43
0.88-0.1-0.04-0.12-0.26-0.60.360.47-0.38-0.310.50.12-0.13-0.26-0.460.47-0.30.510.680.60.6-0.470.730.36-0.29
-0.18-0.17-0.35-0.43-0.260.070.370.140.37-0.38-0.150.4-0.31.0-0.26-0.29-0.41-0.24-0.23-0.07-0.070.18-0.11-0.390.99
-0.560.640.530.75-0.60.070.180.310.61-0.230.370.250.790.070.720.38-0.21-0.18-0.81-0.85-0.850.29-0.120.460.07
0.180.160.070.10.360.370.180.810.31-0.990.650.660.180.37-0.240.58-1.0-0.07-0.25-0.21-0.21-0.440.610.450.33
0.380.410.490.470.470.140.310.810.3-0.790.940.590.550.14-0.030.88-0.780.21-0.16-0.2-0.2-0.290.760.780.1
-0.460.320.00.25-0.380.370.610.310.3-0.350.2-0.120.30.370.350.16-0.34-0.17-0.63-0.58-0.58-0.26-0.090.090.29
-0.11-0.16-0.04-0.11-0.31-0.38-0.23-0.99-0.79-0.35-0.63-0.62-0.19-0.380.2-0.571.00.070.290.260.260.43-0.58-0.42-0.34
0.420.530.590.660.5-0.150.370.650.940.2-0.630.480.71-0.150.160.97-0.610.34-0.1-0.21-0.21-0.220.770.91-0.18
0.210.340.340.220.120.40.250.660.59-0.12-0.620.480.320.4-0.030.44-0.64-0.14-0.15-0.11-0.110.280.290.450.41
-0.010.820.80.99-0.13-0.30.790.180.550.3-0.190.710.32-0.30.720.76-0.160.12-0.38-0.48-0.480.190.210.83-0.3
-0.18-0.17-0.35-0.43-0.261.00.070.370.140.37-0.38-0.150.4-0.3-0.26-0.29-0.41-0.24-0.23-0.07-0.070.18-0.11-0.390.99
-0.270.810.340.74-0.46-0.260.72-0.24-0.030.350.20.16-0.030.72-0.260.260.23-0.03-0.32-0.38-0.380.37-0.430.33-0.29
0.410.610.640.740.47-0.290.380.580.880.16-0.570.970.440.76-0.290.26-0.540.28-0.08-0.19-0.19-0.240.70.93-0.32
-0.11-0.14-0.04-0.08-0.3-0.41-0.21-1.0-0.78-0.341.0-0.61-0.64-0.16-0.410.23-0.540.110.290.250.250.42-0.56-0.4-0.37
0.570.020.040.130.51-0.24-0.18-0.070.21-0.170.070.34-0.140.12-0.24-0.030.280.110.510.30.30.10.420.33-0.22
0.84-0.2-0.3-0.350.68-0.23-0.81-0.25-0.16-0.630.29-0.1-0.15-0.38-0.23-0.32-0.080.290.510.960.96-0.050.16-0.14-0.21
0.78-0.25-0.39-0.470.6-0.07-0.85-0.21-0.2-0.580.26-0.21-0.11-0.48-0.07-0.38-0.190.250.30.961.0-0.10.06-0.29-0.05
0.78-0.25-0.39-0.470.6-0.07-0.85-0.21-0.2-0.580.26-0.21-0.11-0.48-0.07-0.38-0.190.250.30.961.0-0.10.06-0.29-0.05
-0.150.230.190.16-0.470.180.29-0.44-0.29-0.260.43-0.220.280.190.180.37-0.240.420.1-0.05-0.1-0.1-0.43-0.060.23
0.53-0.110.280.180.73-0.11-0.120.610.76-0.09-0.580.770.290.21-0.11-0.430.7-0.560.420.160.060.06-0.430.58-0.1
0.330.630.770.810.36-0.390.460.450.780.09-0.420.910.450.83-0.390.330.93-0.40.33-0.14-0.29-0.29-0.060.58-0.4
-0.17-0.22-0.32-0.43-0.290.990.070.330.10.29-0.34-0.180.41-0.30.99-0.29-0.32-0.37-0.22-0.21-0.05-0.050.23-0.1-0.4
Click cells to compare fundamentals

Kneomedia Account Relationship Matchups

Kneomedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M952.2K1.5M1.7M1.5M2.1M
Other Current Liab339.4K398.3K218.9K341.4K1.3M1.4M
Total Current Liabilities859.2K1.3M2.0M2.8M3.9M4.1M
Total Stockholder Equity3.8M2.4M2.9M2.7M1.4M2.2M
Property Plant And Equipment Net5.2K9.9K7.3K1.9K2.4K2.3K
Net Debt(1.1M)(6.6K)227.0K1.4M1.8M1.9M
Retained Earnings(18.8M)(21.6M)(24.6M)(26.9M)(28.5M)(29.9M)
Non Current Assets Total817.3K845.7K867.0K938.5K1.3M1.2M
Common Stock Shares Outstanding766.8M953.1M1.2B1.4B1.6B1.7B
Liabilities And Stockholders Equity2.2M952.2K1.5M1.7M1.5M2.1M
Total Liab859.2K1.3M2.0M3.0M4.4M4.6M
Property Plant And Equipment Gross5.2K9.9K7.3K1.9K2.4K2.3K
Short Term Debt49.9K1.0780K1.4M1.4M1.5M
Intangible Assets632.4K656.1K856.3K933.2K1.3M1.2M
Common Stock22.7M24.1M27.7M28.8M29.4M38.8M
Net Receivables245.0K24.3K23.4K696.5K122.6K176.7K
Total Current Assets1.4M106.5K596.7K800.6K187.6K178.2K
Cash1.1M6.6K553.0K54.5K33.2K31.5K
Cash And Short Term Investments1.1M6.6K553.0K54.5K33.2K31.5K
Other Stockholder Equity(3.9M)(2.5M)(3.1M)1.00.90.95
Accumulated Other Comprehensive Income(159.3K)(49.6K)(161.7K)711.1K489.3K513.7K
Current Deferred Revenue49.9K476.2K557.3K282.3K144.8K152.1K
Accounts Payable469.9K408.0K439.1K784.4K1.0M1.1M
Other Current Assets17.8K151.4K20.3K49.7K31.8K30.2K
Property Plant Equipment5.2K9.9K7.3K1.9K1.7K1.6K
Net Tangible Assets3.1M1.8M2.1M1.7M2.0M1.7M
Net Invested Capital3.8M2.4M2.9M3.7M3.3M3.6M
Cash And Equivalents1.1M6.6K553K54.5K49.0K46.6K
Net Working Capital517.8K(1.2M)(1.4M)(2.0M)(3.7M)(3.5M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Kneomedia Stock Analysis

When running Kneomedia's price analysis, check to measure Kneomedia'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 Kneomedia is operating at the current time. Most of Kneomedia's value examination focuses on studying past and present price action to predict the probability of Kneomedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kneomedia's price. Additionally, you may evaluate how the addition of Kneomedia to your portfolios can decrease your overall portfolio volatility.