KTOS Stock | | | USD 26.41 0.22 0.83% |
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 Net Tangible Assets and its Current Deferred Revenue 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.
Net Tangible Assets vs Current Deferred Revenue
Net Tangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kratos Defense Security Net Tangible Assets account and
Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kratos Defense's Net Tangible Assets and Current Deferred Revenue is -0.02. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue 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 Net Tangible Assets 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 Net Tangible Assets of Kratos Defense Security 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 Net Tangible Assets i.e., Kratos Defense's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 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.
Kratos Defense fundamental ratios Correlations
Click cells to compare fundamentals
Kratos Defense Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kratos Defense fundamental ratios Accounts
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Additional Tools for Kratos Stock Analysis
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