Kneat Historical Balance Sheet

KSI Stock   5.26  0.01  0.19%   
Trend analysis of Kneat Inc balance sheet accounts such as Total Current Liabilities of 23.2 M provides information on Kneat's total assets, liabilities, and equity, which is the actual value of Kneat Inc to its prevalent stockholders. By breaking down trends over time using Kneat balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Kneat Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kneat Inc is a good buy for the upcoming year.

Kneat Inventory

1.21

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kneat Inc. 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.

About Kneat Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Kneat Inc at a specified time, usually calculated after every quarter, six months, or one year. Kneat Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kneat and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kneat currently owns. An asset can also be divided into two categories, current and non-current.

Kneat Balance Sheet Chart

At this time, Kneat's Net Debt is very stable compared to the past year. As of the 26th of November 2024, Accounts Payable is likely to grow to about 1.5 M, while Property Plant And Equipment Net is likely to drop about 5.7 M.

Total Assets

Total assets refers to the total amount of Kneat assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kneat Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Kneat balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kneat Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Long Term Debt

Long-term debt is a debt that Kneat Inc has held for over one year. Long-term debt appears on Kneat Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kneat Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Kneat's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kneat Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Kneat Inc. 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.
At this time, Kneat's Net Debt is very stable compared to the past year. As of the 26th of November 2024, Accounts Payable is likely to grow to about 1.5 M, while Property Plant And Equipment Net is likely to drop about 5.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.9M7.1M28.2M29.6M
Total Assets51.3M50.4M64.5M67.7M

Kneat balance sheet Correlations

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Click cells to compare fundamentals

Kneat Account Relationship Matchups

Kneat balance sheet Accounts

201920202021202220232024 (projected)
Total Assets14.6M33.8M51.3M50.4M64.5M67.7M
Short Long Term Debt Total1.5M9.5M7.9M7.1M28.2M29.6M
Other Current Liab587.9K1.1M2.8M4.8M6.5M6.8M
Total Current Liabilities2.2M6.0M10.2M17.0M22.1M23.2M
Total Stockholder Equity11.2M19.2M34.2M26.0M14.8M18.1M
Property Plant And Equipment Net1.1M9.5M8.5M7.8M7.2M5.7M
Current Deferred Revenue967.9K3.5M5.8M10.6M13.6M14.3M
Net Debt(2.7M)860.9K(13.7M)(5.2M)12.9M13.6M
Retained Earnings(31.6M)(37.3M)(47.2M)(56.3M)(70.4M)(66.9M)
Accounts Payable196.7K456.5K619.2K1.0M1.4M1.5M
Cash4.2M8.7M21.6M12.3M15.3M8.8M
Non Current Assets Total8.2M20.4M23.1M28.3M36.5M38.3M
Non Currrent Assets Other1.1M1.6M1.2M1.1M1.7M1.7M
Other Assets1.1M1.6M1.2M1.1M1.3M864.0K
Cash And Short Term Investments4.2M8.7M21.6M12.3M15.3M8.8M
Net Receivables1.8M4.3M6.1M8.9M11.6M12.2M
Common Stock Shares Outstanding58.7M65.9M74.1M77.4M77.8M53.4M
Liabilities And Stockholders Equity14.6M33.8M51.3M50.4M64.5M67.7M
Non Current Liabilities Total1.3M8.6M6.9M7.5M27.7M29.1M
Other Current Assets261.9K476.5K500.8K931.9K1.1M1.2M
Other Stockholder Equity2.4M3.2M3.0M3.4M5.2M2.9M
Total Liab3.5M14.6M17.1M24.4M49.7M52.2M
Total Current Assets6.4M13.4M28.1M22.1M28.0M29.4M
Accumulated Other Comprehensive Income383.9K(308.4K)1.3M433.3K169.4K271.9K
Short Term Debt425.6K989.8K994.2K588.5K535.8K506.4K
Intangible Assets6.1M9.3M13.4M19.4M27.6M29.0M
Common Stock40.0M53.7M77.1M78.4M79.8M83.8M
Long Term Debt977.6K0.0555.0K120.5K21.7M22.7M
Long Term Debt Total1.1M8.5M6.9M6.5M7.5M3.9M
Capital Surpluse2.3M2.8M2.8M3.4M4.0M2.4M
Property Plant Equipment1.1M9.5M8.5M7.8M9.0M9.4M
Other Liab238.7K19.8K37.8K949.2K1.1M1.1M
Net Tangible Assets5.1M9.9M20.7M6.6M7.6M8.9M
Net Invested Capital12.0M19.8M34.3M26.0M36.4M25.1M
Capital Stock40.0M53.7M77.1M78.4M79.8M66.1M
Net Working Capital4.2M7.4M18.0M5.2M5.9M7.8M

Pair Trading with Kneat

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 Kneat 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 Kneat will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kneat Stock

  0.66JPM JPMorgan ChasePairCorr
  0.66BOFA Bank of AmericaPairCorr
The ability to find closely correlated positions to Kneat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kneat 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 Kneat - 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 Kneat Inc to buy it.
The correlation of Kneat 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 Kneat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kneat Inc 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 Kneat 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Kneat Stock

Balance Sheet is a snapshot of the financial position of Kneat Inc at a specified time, usually calculated after every quarter, six months, or one year. Kneat Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kneat and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kneat currently owns. An asset can also be divided into two categories, current and non-current.