Kornit Capital Stock vs Accounts Payable Analysis

KRNT Stock  USD 31.34  0.02  0.06%   
Kornit Digital financial indicator trend analysis is infinitely more than just investigating Kornit Digital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kornit Digital is a good investment. Please check the relationship between Kornit Digital Capital Stock and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. 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.
For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kornit Digital's Capital Stock and Accounts Payable is 0.33. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kornit Digital, assuming nothing else is changed. The correlation between historical values of Kornit Digital's Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Kornit Digital are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., Kornit Digital's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Accounts Payable

An accounting item on the balance sheet that represents Kornit Digital 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 Kornit Digital 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.
Most indicators from Kornit Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kornit Digital 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 Kornit Digital. 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.
For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.At this time, Kornit Digital's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 20.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense286K13.4M236K224.2K
Depreciation And Amortization7.1M13.6M14.7M15.4M

Kornit Digital fundamental ratios Correlations

0.960.970.860.950.760.890.920.35-0.5-0.310.550.550.90.530.510.880.830.80.890.750.90.960.690.90.89
0.960.990.91.00.640.910.930.36-0.62-0.280.60.670.890.50.510.960.790.840.760.710.930.960.680.920.93
0.970.990.840.990.690.910.940.3-0.52-0.380.490.570.920.590.440.910.820.850.770.750.90.980.70.930.87
0.860.90.840.880.50.780.810.64-0.720.010.830.760.720.220.650.950.650.670.720.590.890.820.490.790.99
0.951.00.990.880.650.910.930.33-0.61-0.310.570.660.90.520.490.960.790.850.750.710.920.960.690.930.91
0.760.640.690.50.650.650.62-0.17-0.39-0.290.360.420.660.440.370.550.660.550.770.390.520.650.60.640.51
0.890.910.910.780.910.650.980.22-0.45-0.580.360.510.980.760.250.850.950.970.70.840.830.880.911.00.81
0.920.930.940.810.930.620.980.29-0.42-0.520.390.480.980.720.330.860.920.940.720.880.90.930.830.990.85
0.350.360.30.640.33-0.170.220.29-0.210.220.530.240.16-0.130.340.440.20.180.320.380.450.35-0.010.230.6
-0.5-0.62-0.52-0.72-0.61-0.39-0.45-0.42-0.21-0.33-0.85-1.0-0.340.12-0.69-0.78-0.19-0.35-0.350.03-0.53-0.44-0.2-0.46-0.68
-0.31-0.28-0.380.01-0.31-0.29-0.58-0.520.22-0.330.530.29-0.62-0.950.56-0.11-0.71-0.71-0.18-0.7-0.18-0.36-0.81-0.56-0.04
0.550.60.490.830.570.360.360.390.53-0.850.530.860.28-0.320.830.750.180.190.520.050.630.460.030.370.79
0.550.670.570.760.660.420.510.480.24-1.00.290.860.4-0.070.690.820.250.40.390.040.580.490.250.510.73
0.90.890.920.720.90.660.980.980.16-0.34-0.620.280.40.790.240.790.940.950.710.870.820.910.870.980.76
0.530.50.590.220.520.440.760.72-0.130.12-0.95-0.32-0.070.79-0.310.340.830.850.360.810.40.570.890.750.27
0.510.510.440.650.490.370.250.330.34-0.690.560.830.690.24-0.310.60.060.070.490.010.570.44-0.090.280.64
0.880.960.910.950.960.550.850.860.44-0.78-0.110.750.820.790.340.60.680.770.680.580.910.860.590.860.96
0.830.790.820.650.790.660.950.920.2-0.19-0.710.180.250.940.830.060.680.930.720.910.740.80.930.930.69
0.80.840.850.670.850.550.970.940.18-0.35-0.710.190.40.950.850.070.770.930.570.860.730.820.930.970.7
0.890.760.770.720.750.770.70.720.32-0.35-0.180.520.390.710.360.490.680.720.570.620.740.780.530.690.74
0.750.710.750.590.710.390.840.880.380.03-0.70.050.040.870.810.010.580.910.860.620.730.780.790.840.64
0.90.930.90.890.920.520.830.90.45-0.53-0.180.630.580.820.40.570.910.740.730.740.730.880.580.840.94
0.960.960.980.820.960.650.880.930.35-0.44-0.360.460.490.910.570.440.860.80.820.780.780.880.650.910.85
0.690.680.70.490.690.60.910.83-0.01-0.2-0.810.030.250.870.89-0.090.590.930.930.530.790.580.650.880.52
0.90.920.930.790.930.641.00.990.23-0.46-0.560.370.510.980.750.280.860.930.970.690.840.840.910.880.82
0.890.930.870.990.910.510.810.850.6-0.68-0.040.790.730.760.270.640.960.690.70.740.640.940.850.520.82
Click cells to compare fundamentals

Kornit Digital Account Relationship Matchups

Kornit Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding39.3M42.3M48.6M49.8M49.2M39.5M
Total Assets407.3M629.0M1.0B957.7M865.6M462.5M
Other Current Liab17.4M22.7M34.7M39.8M35.9M20.5M
Total Current Liabilities47.5M89.6M98.1M65.4M50.1M48.8M
Total Stockholder Equity338.3M519.0M919.6M868.8M795.7M401.4M
Other Liab2.4M1.7M2.7M2.4M2.8M2.4M
Net Tangible Assets330.2M495.3M884.0M829.8M954.2M1.0B
Property Plant And Equipment Net40.3M50.3M70.2M87.6M74.7M78.4M
Current Deferred Revenue2.7M27.0M5.4M5.7M2.2M2.1M
Net Debt(17.6M)(103.1M)(584.6M)(78.6M)(16.0M)(16.8M)
Retained Earnings32.7M28.0M43.5M(35.6M)(99.9M)(94.9M)
Accounts Payable23.4M32.0M46.4M14.8M6.9M6.6M
Cash40.7M125.8M611.6M104.6M39.6M37.6M
Non Current Assets Total154.1M151.5M265.7M378.8M343.2M360.4M
Non Currrent Assets Other657K732K1.2M6.2M8.5M8.9M
Other Assets8.4M5.8M10.8M6.2M1.00.95
Cash And Short Term Investments168.3M364.3M648.8M400.0M332.5M212.3M
Net Receivables40.5M51.6M49.8M67.4M93.6M98.3M
Good Will5.6M16.5M25.4M29.2M33.5M35.2M
Short Term Investments127.6M238.5M37.3M295.4M292.9M307.5M
Liabilities And Stockholders Equity407.3M629.0M1.0B957.7M865.6M462.5M
Non Current Liabilities Total21.6M20.3M24.6M23.5M19.8M12.3M
Inventory37.5M52.5M63.0M89.4M67.7M43.9M
Other Current Assets7.0M9.2M27.1M22.1M56.5M59.3M
Other Stockholder Equity304.6M488.2M875.4M921.7M902.7M947.8M
Total Liab69.0M110.0M122.7M88.8M69.9M61.1M
Long Term Investments95.4M71.6M149.3M246.0M223.2M234.4M
Property Plant And Equipment Gross40.3M50.3M70.2M87.6M123.3M129.5M
Total Current Assets253.3M477.5M776.5M578.8M522.4M308.0M
Accumulated Other Comprehensive Income843K2.7M571K(17.4M)(7.2M)(6.8M)
Intangible Assets2.5M7.2M10.1M9.9M7.6M4.5M
Common Stock105K121K133K134K154.1K103.2K
Property Plant Equipment40.3M50.3M70.2M87.6M100.7M105.8M
Non Current Liabilities Other1.3M443K1.2M1.2M198K188.1K
Net Invested Capital338.3M519.0M919.6M868.8M795.7M592.6M
Net Working Capital207.7M387.9M678.5M513.5M472.3M382.1M

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 Kornit Stock Analysis

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