Kneat Non Currrent Assets Other vs Current Deferred Revenue Analysis

KSI Stock   5.59  0.13  2.27%   
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 Non Currrent Assets Other and its Current Deferred Revenue 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.

Non Currrent Assets Other vs Current Deferred Revenue

Non Currrent Assets Other vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kneat Inc Non Currrent Assets Other account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kneat's Non Currrent Assets Other and Current Deferred Revenue is 0.67. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Current Deferred Revenue 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 Non Currrent Assets Other and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Kneat Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Currrent Assets Other i.e., Kneat's Non Currrent Assets Other and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 29th 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 Expenses15.7M24.4M30.1M31.6M
Cost Of Revenue6.2M9.1M17.6M18.5M

Kneat fundamental ratios Correlations

0.850.910.930.740.450.920.3-0.850.940.830.980.530.730.830.940.770.850.640.780.440.910.980.510.940.91
0.850.920.920.310.140.920.72-0.810.930.530.860.640.440.530.920.61.00.330.890.180.980.820.350.930.77
0.910.921.00.440.130.990.54-0.90.990.640.90.650.510.630.990.730.930.420.930.180.980.90.390.990.89
0.930.921.00.470.161.00.53-0.920.990.660.920.680.540.661.00.760.930.420.940.190.980.910.440.990.91
0.740.310.440.470.760.46-0.36-0.430.50.840.710.080.780.840.490.560.30.770.220.670.390.730.480.480.62
0.450.140.130.160.760.17-0.210.040.240.430.53-0.330.530.440.150.060.140.6-0.070.710.140.330.050.180.14
0.920.920.991.00.460.170.54-0.90.980.650.920.670.520.640.990.750.930.40.940.180.980.90.410.990.89
0.30.720.540.53-0.36-0.210.54-0.40.53-0.180.380.47-0.04-0.180.50.110.73-0.110.63-0.220.640.21-0.050.550.26
-0.85-0.81-0.9-0.92-0.430.04-0.9-0.4-0.88-0.68-0.79-0.84-0.64-0.67-0.94-0.92-0.81-0.48-0.86-0.08-0.89-0.87-0.65-0.93-0.97
0.940.930.990.990.50.240.980.53-0.880.670.930.60.570.670.980.710.940.480.890.280.980.910.360.980.88
0.830.530.640.660.840.430.65-0.18-0.680.670.740.350.691.00.690.770.520.580.490.530.610.90.570.660.79
0.980.860.90.920.710.530.920.38-0.790.930.740.490.720.740.920.70.860.640.770.450.90.920.450.930.86
0.530.640.650.680.08-0.330.670.47-0.840.60.350.490.410.330.710.760.620.20.73-0.410.670.560.640.70.78
0.730.440.510.540.780.530.52-0.04-0.640.570.690.720.410.690.570.730.430.950.280.510.50.690.630.590.74
0.830.530.630.660.840.440.64-0.18-0.670.671.00.740.330.690.690.760.520.580.490.540.60.890.560.650.78
0.940.920.991.00.490.150.990.5-0.940.980.690.920.710.570.690.80.920.450.930.190.980.930.480.990.93
0.770.60.730.760.560.060.750.11-0.920.710.770.70.760.730.760.80.580.530.70.170.690.810.780.770.93
0.851.00.930.930.30.140.930.73-0.810.940.520.860.620.430.520.920.580.330.890.190.980.810.310.940.77
0.640.330.420.420.770.60.4-0.11-0.480.480.580.640.20.950.580.450.530.330.120.580.390.580.450.470.59
0.780.890.930.940.22-0.070.940.63-0.860.890.490.770.730.280.490.930.70.890.12-0.010.930.780.390.920.8
0.440.180.180.190.670.710.18-0.22-0.080.280.530.45-0.410.510.540.190.170.190.58-0.010.190.410.080.190.18
0.910.980.980.980.390.140.980.64-0.890.980.610.90.670.50.60.980.690.980.390.930.190.880.40.980.86
0.980.820.90.910.730.330.90.21-0.870.910.90.920.560.690.890.930.810.810.580.780.410.880.550.910.93
0.510.350.390.440.480.050.41-0.05-0.650.360.570.450.640.630.560.480.780.310.450.390.080.40.550.470.69
0.940.930.990.990.480.180.990.55-0.930.980.660.930.70.590.650.990.770.940.470.920.190.980.910.470.92
0.910.770.890.910.620.140.890.26-0.970.880.790.860.780.740.780.930.930.770.590.80.180.860.930.690.92
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Kneat Account Relationship Matchups

Kneat fundamental ratios 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

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.