Kneat Inventory vs Retained Earnings Analysis

KSI Stock

5.26 0.01 0.19%

Kneat financial indicator trend analysis is infinitely more than just investigating Kneat Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kneat Inc is a good investment. Please check the relationship between Kneat Inventory and its Retained Earnings accounts. 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.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kneat Inc Inventory account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Kneat's Inventory and Retained Earnings is -0.48. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Kneat Inc, assuming nothing else is changed. The correlation between historical values of Kneat's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Kneat Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Kneat's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Kneat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 58.7 K, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	15.7M	24.4M	30.1M	31.6M
Cost Of Revenue	6.2M	9.1M	17.6M	18.5M

Total Operating Expenses Cost Of Revenue

Kneat fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.85	0.91	0.93	0.74	0.45	0.92	0.3	-0.85	0.94	0.83	0.98	0.53	0.73	0.83	0.94	0.77	0.85	0.64	0.78	0.44	0.91	0.98	0.51	0.94	0.91
Short Long Term Debt Total	0.85		0.92	0.92	0.31	0.14	0.92	0.72	-0.81	0.93	0.53	0.86	0.64	0.44	0.53	0.92	0.6	1.0	0.33	0.89	0.18	0.98	0.82	0.35	0.93	0.77
Other Current Liab	0.91	0.92		1.0	0.44	0.13	0.99	0.54	-0.9	0.99	0.64	0.9	0.65	0.51	0.63	0.99	0.73	0.93	0.42	0.93	0.18	0.98	0.9	0.39	0.99	0.89
Total Current Liabilities	0.93	0.92	1.0		0.47	0.16	1.0	0.53	-0.92	0.99	0.66	0.92	0.68	0.54	0.66	1.0	0.76	0.93	0.42	0.94	0.19	0.98	0.91	0.44	0.99	0.91
Total Stockholder Equity	0.74	0.31	0.44	0.47		0.76	0.46	-0.36	-0.43	0.5	0.84	0.71	0.08	0.78	0.84	0.49	0.56	0.3	0.77	0.22	0.67	0.39	0.73	0.48	0.48	0.62
Property Plant And Equipment Net	0.45	0.14	0.13	0.16	0.76		0.17	-0.21	0.04	0.24	0.43	0.53	-0.33	0.53	0.44	0.15	0.06	0.14	0.6	-0.07	0.71	0.14	0.33	0.05	0.18	0.14
Current Deferred Revenue	0.92	0.92	0.99	1.0	0.46	0.17		0.54	-0.9	0.98	0.65	0.92	0.67	0.52	0.64	0.99	0.75	0.93	0.4	0.94	0.18	0.98	0.9	0.41	0.99	0.89
Net Debt	0.3	0.72	0.54	0.53	-0.36	-0.21	0.54		-0.4	0.53	-0.18	0.38	0.47	-0.04	-0.18	0.5	0.11	0.73	-0.11	0.63	-0.22	0.64	0.21	-0.05	0.55	0.26
Retained Earnings	-0.85	-0.81	-0.9	-0.92	-0.43	0.04	-0.9	-0.4		-0.88	-0.68	-0.79	-0.84	-0.64	-0.67	-0.94	-0.92	-0.81	-0.48	-0.86	-0.08	-0.89	-0.87	-0.65	-0.93	-0.97
Accounts Payable	0.94	0.93	0.99	0.99	0.5	0.24	0.98	0.53	-0.88		0.67	0.93	0.6	0.57	0.67	0.98	0.71	0.94	0.48	0.89	0.28	0.98	0.91	0.36	0.98	0.88
Cash	0.83	0.53	0.64	0.66	0.84	0.43	0.65	-0.18	-0.68	0.67		0.74	0.35	0.69	1.0	0.69	0.77	0.52	0.58	0.49	0.53	0.61	0.9	0.57	0.66	0.79
Non Current Assets Total	0.98	0.86	0.9	0.92	0.71	0.53	0.92	0.38	-0.79	0.93	0.74		0.49	0.72	0.74	0.92	0.7	0.86	0.64	0.77	0.45	0.9	0.92	0.45	0.93	0.86
Non Currrent Assets Other	0.53	0.64	0.65	0.68	0.08	-0.33	0.67	0.47	-0.84	0.6	0.35	0.49		0.41	0.33	0.71	0.76	0.62	0.2	0.73	-0.41	0.67	0.56	0.64	0.7	0.78
Other Assets	0.73	0.44	0.51	0.54	0.78	0.53	0.52	-0.04	-0.64	0.57	0.69	0.72	0.41		0.69	0.57	0.73	0.43	0.95	0.28	0.51	0.5	0.69	0.63	0.59	0.74
Cash And Short Term Investments	0.83	0.53	0.63	0.66	0.84	0.44	0.64	-0.18	-0.67	0.67	1.0	0.74	0.33	0.69		0.69	0.76	0.52	0.58	0.49	0.54	0.6	0.89	0.56	0.65	0.78
Net Receivables	0.94	0.92	0.99	1.0	0.49	0.15	0.99	0.5	-0.94	0.98	0.69	0.92	0.71	0.57	0.69		0.8	0.92	0.45	0.93	0.19	0.98	0.93	0.48	0.99	0.93
Common Stock Shares Outstanding	0.77	0.6	0.73	0.76	0.56	0.06	0.75	0.11	-0.92	0.71	0.77	0.7	0.76	0.73	0.76	0.8		0.58	0.53	0.7	0.17	0.69	0.81	0.78	0.77	0.93
Non Current Liabilities Total	0.85	1.0	0.93	0.93	0.3	0.14	0.93	0.73	-0.81	0.94	0.52	0.86	0.62	0.43	0.52	0.92	0.58		0.33	0.89	0.19	0.98	0.81	0.31	0.94	0.77
Inventory	0.64	0.33	0.42	0.42	0.77	0.6	0.4	-0.11	-0.48	0.48	0.58	0.64	0.2	0.95	0.58	0.45	0.53	0.33		0.12	0.58	0.39	0.58	0.45	0.47	0.59
Other Current Assets	0.78	0.89	0.93	0.94	0.22	-0.07	0.94	0.63	-0.86	0.89	0.49	0.77	0.73	0.28	0.49	0.93	0.7	0.89	0.12		-0.01	0.93	0.78	0.39	0.92	0.8
Other Stockholder Equity	0.44	0.18	0.18	0.19	0.67	0.71	0.18	-0.22	-0.08	0.28	0.53	0.45	-0.41	0.51	0.54	0.19	0.17	0.19	0.58	-0.01		0.19	0.41	0.08	0.19	0.18
Total Liab	0.91	0.98	0.98	0.98	0.39	0.14	0.98	0.64	-0.89	0.98	0.61	0.9	0.67	0.5	0.6	0.98	0.69	0.98	0.39	0.93	0.19		0.88	0.4	0.98	0.86
Total Current Assets	0.98	0.82	0.9	0.91	0.73	0.33	0.9	0.21	-0.87	0.91	0.9	0.92	0.56	0.69	0.89	0.93	0.81	0.81	0.58	0.78	0.41	0.88		0.55	0.91	0.93
Short Term Debt	0.51	0.35	0.39	0.44	0.48	0.05	0.41	-0.05	-0.65	0.36	0.57	0.45	0.64	0.63	0.56	0.48	0.78	0.31	0.45	0.39	0.08	0.4	0.55		0.47	0.69
Intangible Assets	0.94	0.93	0.99	0.99	0.48	0.18	0.99	0.55	-0.93	0.98	0.66	0.93	0.7	0.59	0.65	0.99	0.77	0.94	0.47	0.92	0.19	0.98	0.91	0.47		0.92
Common Stock	0.91	0.77	0.89	0.91	0.62	0.14	0.89	0.26	-0.97	0.88	0.79	0.86	0.78	0.74	0.78	0.93	0.93	0.77	0.59	0.8	0.18	0.86	0.93	0.69	0.92

Click cells to compare fundamentals

Kneat Account Relationship Matchups

Kneat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	33.8M	51.3M	50.4M	64.5M	67.7M
Short Long Term Debt Total	1.5M	9.5M	7.9M	7.1M	28.2M	29.6M
Other Current Liab	587.9K	1.1M	2.8M	4.8M	6.5M	6.8M
Total Current Liabilities	2.2M	6.0M	10.2M	17.0M	22.1M	23.2M
Total Stockholder Equity	11.2M	19.2M	34.2M	26.0M	14.8M	18.1M
Property Plant And Equipment Net	1.1M	9.5M	8.5M	7.8M	7.2M	5.7M
Current Deferred Revenue	967.9K	3.5M	5.8M	10.6M	13.6M	14.3M
Net Debt	(2.7M)	860.9K	(13.7M)	(5.2M)	12.9M	13.6M
Retained Earnings	(31.6M)	(37.3M)	(47.2M)	(56.3M)	(70.4M)	(66.9M)
Accounts Payable	196.7K	456.5K	619.2K	1.0M	1.4M	1.5M
Cash	4.2M	8.7M	21.6M	12.3M	15.3M	8.8M
Non Current Assets Total	8.2M	20.4M	23.1M	28.3M	36.5M	38.3M
Non Currrent Assets Other	1.1M	1.6M	1.2M	1.1M	1.7M	1.7M
Other Assets	1.1M	1.6M	1.2M	1.1M	1.3M	864.0K
Cash And Short Term Investments	4.2M	8.7M	21.6M	12.3M	15.3M	8.8M
Net Receivables	1.8M	4.3M	6.1M	8.9M	11.6M	12.2M
Common Stock Shares Outstanding	58.7M	65.9M	74.1M	77.4M	77.8M	53.4M
Liabilities And Stockholders Equity	14.6M	33.8M	51.3M	50.4M	64.5M	67.7M
Non Current Liabilities Total	1.3M	8.6M	6.9M	7.5M	27.7M	29.1M
Other Current Assets	261.9K	476.5K	500.8K	931.9K	1.1M	1.2M
Other Stockholder Equity	2.4M	3.2M	3.0M	3.4M	5.2M	2.9M
Total Liab	3.5M	14.6M	17.1M	24.4M	49.7M	52.2M
Total Current Assets	6.4M	13.4M	28.1M	22.1M	28.0M	29.4M
Accumulated Other Comprehensive Income	383.9K	(308.4K)	1.3M	433.3K	169.4K	271.9K
Short Term Debt	425.6K	989.8K	994.2K	588.5K	535.8K	506.4K
Intangible Assets	6.1M	9.3M	13.4M	19.4M	27.6M	29.0M
Common Stock	40.0M	53.7M	77.1M	78.4M	79.8M	83.8M
Long Term Debt	977.6K	0.0	555.0K	120.5K	21.7M	22.7M
Long Term Debt Total	1.1M	8.5M	6.9M	6.5M	7.5M	3.9M
Capital Surpluse	2.3M	2.8M	2.8M	3.4M	4.0M	2.4M
Property Plant Equipment	1.1M	9.5M	8.5M	7.8M	9.0M	9.4M
Other Liab	238.7K	19.8K	37.8K	949.2K	1.1M	1.1M
Net Tangible Assets	5.1M	9.9M	20.7M	6.6M	7.6M	8.9M
Net Invested Capital	12.0M	19.8M	34.3M	26.0M	36.4M	25.1M
Capital Stock	40.0M	53.7M	77.1M	78.4M	79.8M	66.1M
Net Working Capital	4.2M	7.4M	18.0M	5.2M	5.9M	7.8M

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

0.66	JPM	JPMorgan Chase	Pair Corr
0.66	BOFA	Bank of America	Pair Corr

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 Correlation Correlation 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.

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Kneat Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

Kneat fundamental ratios Correlations

Kneat Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kneat fundamental ratios Accounts

Pair Trading with Kneat

Moving together with Kneat Stock

Other Information on Investing in Kneat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Current Deferred Revenue	+ 0.99	Other Current Liab

Common Stock	- 0.97	Retained Earnings
Net Receivables	- 0.94	Retained Earnings
Intangible Assets	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Total Current Liabilities
Retained Earnings	- 0.9	Current Deferred Revenue