Kratos Intangible Assets vs Accounts Payable Analysis

KTOS Stock  USD 26.24  1.02  4.04%   
Kratos Defense financial indicator trend analysis is infinitely more than just investigating Kratos Defense Security recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kratos Defense Security is a good investment. Please check the relationship between Kratos Defense Intangible Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kratos Defense Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kratos Defense Security Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kratos Defense's Intangible Assets and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kratos Defense Security, assuming nothing else is changed. The correlation between historical values of Kratos Defense's Intangible Assets 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 Intangible Assets of Kratos Defense Security 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 Intangible Assets i.e., Kratos Defense's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Kratos Defense 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 Kratos Defense Security 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 Kratos Defense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kratos Defense Security 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 Kratos Defense Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Kratos Defense's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 674.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 112.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit225.1M226M268.6M149.0M
Total Revenue811.5M898.3M1.0B582.0M

Kratos Defense fundamental ratios Correlations

0.40.570.850.640.590.08-0.650.760.510.780.540.50.950.610.480.580.870.60.410.910.030.440.82-0.740.6
0.40.360.66-0.29-0.210.87-0.270.69-0.170.39-0.1-0.180.44-0.270.99-0.24-0.010.96-0.250.14-0.190.720.8-0.450.01
0.570.360.620.220.30.29-0.410.420.080.490.250.070.570.240.450.40.420.520.20.4-0.550.170.6-0.380.27
0.850.660.620.340.40.5-0.560.910.060.770.390.060.890.320.690.360.580.810.330.6-0.140.640.92-0.660.23
0.64-0.290.220.340.93-0.51-0.530.240.590.710.80.60.570.94-0.210.880.79-0.090.830.750.220.010.21-0.530.52
0.59-0.210.30.40.93-0.31-0.430.260.330.80.90.340.530.85-0.140.90.64-0.020.950.580.060.140.23-0.440.31
0.080.870.290.5-0.51-0.31-0.020.5-0.630.23-0.2-0.630.19-0.50.83-0.34-0.320.8-0.25-0.28-0.370.680.6-0.17-0.42
-0.65-0.27-0.41-0.56-0.53-0.43-0.02-0.56-0.36-0.6-0.17-0.36-0.76-0.73-0.31-0.44-0.78-0.39-0.35-0.64-0.260.03-0.660.91-0.38
0.760.690.420.910.240.260.5-0.560.10.670.230.090.820.240.730.20.50.820.170.56-0.090.660.88-0.670.27
0.51-0.170.080.060.590.33-0.63-0.360.10.180.291.00.330.58-0.10.340.64-0.060.130.810.29-0.190.09-0.360.91
0.780.390.490.770.710.80.23-0.60.670.180.760.190.770.640.450.710.60.550.750.61-0.090.570.7-0.730.28
0.54-0.10.250.390.80.9-0.2-0.170.230.290.760.290.390.64-0.050.840.450.050.850.490.030.290.19-0.230.28
0.5-0.180.070.060.60.34-0.63-0.360.091.00.190.290.330.58-0.10.350.63-0.060.140.80.29-0.190.09-0.360.91
0.950.440.570.890.570.530.19-0.760.820.330.770.390.330.590.50.510.850.630.380.820.050.420.88-0.820.41
0.61-0.270.240.320.940.85-0.5-0.730.240.580.640.640.580.59-0.210.810.84-0.090.750.730.36-0.190.25-0.620.48
0.480.990.450.69-0.21-0.140.83-0.310.73-0.10.45-0.05-0.10.5-0.21-0.160.070.98-0.210.22-0.280.740.84-0.50.12
0.58-0.240.40.360.880.9-0.34-0.440.20.340.710.840.350.510.81-0.160.67-0.040.80.580.050.00.24-0.420.34
0.87-0.010.420.580.790.64-0.32-0.780.50.640.60.450.630.850.840.070.670.210.470.920.27-0.020.56-0.730.63
0.60.960.520.81-0.09-0.020.8-0.390.82-0.060.550.05-0.060.63-0.090.98-0.040.21-0.090.33-0.260.760.91-0.570.15
0.41-0.250.20.330.830.95-0.25-0.350.170.130.750.850.140.380.75-0.210.80.47-0.090.360.060.140.12-0.350.1
0.910.140.40.60.750.58-0.28-0.640.560.810.610.490.80.820.730.220.580.920.330.360.20.160.58-0.690.81
0.03-0.19-0.55-0.140.220.06-0.37-0.26-0.090.29-0.090.030.290.050.36-0.280.050.27-0.260.060.2-0.33-0.11-0.140.03
0.440.720.170.640.010.140.680.030.66-0.190.570.29-0.190.42-0.190.740.0-0.020.760.140.16-0.330.61-0.29-0.02
0.820.80.60.920.210.230.6-0.660.880.090.70.190.090.880.250.840.240.560.910.120.58-0.110.61-0.790.26
-0.74-0.45-0.38-0.66-0.53-0.44-0.170.91-0.67-0.36-0.73-0.23-0.36-0.82-0.62-0.5-0.42-0.73-0.57-0.35-0.69-0.14-0.29-0.79-0.45
0.60.010.270.230.520.31-0.42-0.380.270.910.280.280.910.410.480.120.340.630.150.10.810.03-0.020.26-0.45
Click cells to compare fundamentals

Kratos Defense Account Relationship Matchups

Kratos Defense fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.6B1.6B1.6B1.6B839.1M
Short Long Term Debt Total343.4M348.5M339.5M301.8M321.4M267.8M
Other Current Liab84.7M99.3M102.5M102.3M114.2M62.6M
Total Current Liabilities182.7M197.6M221.1M234.2M292.5M163.8M
Total Stockholder Equity574.1M925.3M945.1M936.3M976M1.0B
Property Plant And Equipment Net159M186.7M206.8M260.5M289.3M303.8M
Net Debt170M(32.3M)(9.9M)220.5M248.6M176.6M
Retained Earnings(712M)(632.4M)(634.4M)(671.3M)(680.2M)(646.2M)
Accounts Payable53.8M55.4M50.4M57.3M63.1M42.1M
Cash172.6M380.8M349.4M81.3M72.8M88.0M
Non Current Assets Total663.8M798M831.4M968.9M1.0B1.1B
Non Currrent Assets Other9.7M84.4M87.5M95M117.5M123.4M
Cash And Short Term Investments172.6M380.8M349.4M81.3M72.8M94.3M
Net Receivables264.4M272.3M284.7M328.5M329.2M198.9M
Common Stock Shares Outstanding109.2M118.7M124.6M126.7M130.4M136.9M
Liabilities And Stockholders Equity1.2B1.6B1.6B1.6B1.6B839.1M
Non Current Liabilities Total414.2M425.1M408.1M369.8M341.5M294.5M
Other Current Assets11.4M30.5M32.3M47.3M36M37.8M
Other Stockholder Equity1.3B1.6B1.6B1.6B1.7B831.8M
Total Liab596.9M622.7M629.2M604M634M447.2M
Property Plant And Equipment Gross159M143M206.8M260.5M448.7M471.1M
Total Current Assets522.2M764.8M758.1M582.6M594.2M359.7M
Accumulated Other Comprehensive Income(700K)(400K)1.4M600K1.7M1.8M
Short Term Debt9.9M9.8M11.3M12.5M13.4M10.0M
Intangible Assets39.5M43M43.2M55.2M62.4M52.5M
Good Will455.6M483.9M493.9M558.2M569.1M347.5M
Other Liab43.1M85.5M78.7M28.9M33.2M26.6M
Other Assets9.7M129M87.5M95M109.3M114.7M
Long Term Debt295.1M301M296.7M250.2M219.3M292.1M
Property Plant Equipment116.9M186.7M206.8M260.5M299.6M314.6M
Current Deferred Revenue34.3M34M58.1M62.1M101.8M53.7M
Inventory61.1M81.2M91.7M125.5M156.2M164.0M
Retained Earnings Total Equity(712M)(632.4M)(634.4M)(671.3M)(604.2M)(634.4M)
Net Tangible Assets589.1M940.1M408M947.5M1.1B1.1B
Capital Surpluse1.3B1.6B1.6B1.6B1.8B1.3B

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 Kratos Stock Analysis

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