BKTI Total Current Assets vs Non Current Assets Total Analysis

BKTI Stock  USD 28.19  0.19  0.68%   
BK Technologies financial indicator trend analysis is way more than just evaluating BK Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BK Technologies is a good investment. Please check the relationship between BK Technologies Total Current Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BK Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in BKTI Stock please use our How to Invest in BK Technologies guide.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BK Technologies Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BK Technologies' Total Current Assets and Non Current Assets Total is 0.46. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of BK Technologies, assuming nothing else is changed. The correlation between historical values of BK Technologies' Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BK Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., BK Technologies' Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from BK Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BK Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BK Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in BKTI Stock please use our How to Invest in BK Technologies guide.As of now, BK Technologies' Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit16.3M9.8M22.2M14.7M
Total Revenue45.4M51.0M74.1M77.8M

BK Technologies fundamental ratios Correlations

0.520.80.440.50.840.360.1-0.240.780.68-0.170.88-0.470.440.560.440.790.410.440.880.330.45-0.19-0.22-0.25
0.520.230.9-0.180.570.69-0.67-0.280.440.22-0.270.66-0.010.750.8-0.020.410.890.750.60.90.880.34-0.370.07
0.80.230.250.70.80.180.38-0.120.750.83-0.030.68-0.840.170.380.540.590.220.390.670.090.26-0.67-0.38-0.47
0.440.90.25-0.30.590.81-0.78-0.410.440.21-0.330.68-0.040.80.83-0.050.330.990.810.520.930.990.33-0.40.09
0.5-0.180.7-0.30.33-0.250.730.160.360.720.170.22-0.74-0.410.120.550.5-0.34-0.020.48-0.28-0.32-0.76-0.2-0.27
0.840.570.80.590.330.62-0.06-0.410.910.71-0.420.87-0.660.670.620.50.670.610.690.640.460.59-0.31-0.41-0.38
0.360.690.180.81-0.250.62-0.67-0.830.550.34-0.750.61-0.180.740.810.240.450.830.780.290.830.80.15-0.480.13
0.1-0.670.38-0.780.73-0.06-0.670.340.050.290.29-0.19-0.47-0.68-0.540.40.03-0.8-0.57-0.05-0.82-0.75-0.720.23-0.35
-0.24-0.28-0.12-0.410.16-0.41-0.830.34-0.43-0.340.82-0.410.18-0.38-0.52-0.41-0.39-0.41-0.41-0.07-0.45-0.450.030.32-0.19
0.780.440.750.440.360.910.550.05-0.430.62-0.510.76-0.60.570.540.580.570.470.570.460.330.44-0.31-0.33-0.23
0.680.220.830.210.720.710.340.29-0.340.62-0.280.55-0.860.10.530.650.820.180.520.620.230.18-0.68-0.66-0.35
-0.17-0.27-0.03-0.330.17-0.42-0.750.290.82-0.51-0.28-0.340.17-0.43-0.46-0.51-0.39-0.37-0.430.09-0.45-0.330.010.3-0.15
0.880.660.680.680.220.870.61-0.19-0.410.760.55-0.34-0.420.620.630.450.670.650.550.780.540.71-0.08-0.2-0.27
-0.47-0.01-0.84-0.04-0.74-0.66-0.18-0.470.18-0.6-0.860.17-0.420.02-0.28-0.68-0.48-0.05-0.36-0.360.01-0.050.890.490.5
0.440.750.170.8-0.410.670.74-0.68-0.380.570.1-0.430.620.020.58-0.020.310.880.760.320.720.790.43-0.31-0.05
0.560.80.380.830.120.620.81-0.54-0.520.540.53-0.460.63-0.280.580.220.630.80.850.640.890.770.08-0.620.23
0.44-0.020.54-0.050.550.50.240.4-0.410.580.65-0.510.45-0.68-0.020.220.55-0.050.210.22-0.01-0.03-0.59-0.34-0.13
0.790.410.590.330.50.670.450.03-0.390.570.82-0.390.67-0.480.310.630.550.310.530.760.430.29-0.22-0.53-0.18
0.410.890.220.99-0.340.610.83-0.8-0.410.470.18-0.370.65-0.050.880.8-0.050.310.850.450.920.960.35-0.430.06
0.440.750.390.81-0.020.690.78-0.57-0.410.570.52-0.430.55-0.360.760.850.210.530.850.450.840.740.05-0.81-0.02
0.880.60.670.520.480.640.29-0.05-0.070.460.620.090.78-0.360.320.640.220.760.450.450.460.51-0.09-0.27-0.17
0.330.90.090.93-0.280.460.83-0.82-0.450.330.23-0.450.540.010.720.89-0.010.430.920.840.460.880.37-0.530.2
0.450.880.260.99-0.320.590.8-0.75-0.450.440.18-0.330.71-0.050.790.77-0.030.290.960.740.510.880.31-0.320.07
-0.190.34-0.670.33-0.76-0.310.15-0.720.03-0.31-0.680.01-0.080.890.430.08-0.59-0.220.350.05-0.090.370.310.250.49
-0.22-0.37-0.38-0.4-0.2-0.41-0.480.230.32-0.33-0.660.3-0.20.49-0.31-0.62-0.34-0.53-0.43-0.81-0.27-0.53-0.320.250.06
-0.250.07-0.470.09-0.27-0.380.13-0.35-0.19-0.23-0.35-0.15-0.270.5-0.050.23-0.13-0.180.06-0.02-0.170.20.070.490.06
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BK Technologies Account Relationship Matchups

BK Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.9M37.5M50.4M48.8M50.2M31.2M
Other Current Liab3.3M3.0M3.1M2.4M2.4M2.7M
Total Current Liabilities9.4M9.5M12.2M23.0M20.4M21.4M
Total Stockholder Equity23.3M22.5M32.6M20.1M21.3M27.1M
Property Plant And Equipment Net6.8M6.5M7.0M6.9M6.9M5.2M
Net Debt(1.3M)(3.3M)(5.5M)6.8M4.9M5.1M
Retained Earnings(6.0M)(6.8M)(8.8M)(22.0M)(24.2M)(23.0M)
Cash4.7M6.8M10.6M1.9M3.5M5.8M
Non Current Assets Total14.1M12.9M13.0M12.6M13.0M10.0M
Non Currrent Assets Other197K112K98K143K422K400.9K
Cash And Short Term Investments4.7M6.8M10.6M1.9M3.5M5.7M
Net Receivables4.0M6.5M8.2M10.6M7.9M4.7M
Common Stock Shares Outstanding2.5M2.5M3.0M3.4M3.4M2.1M
Liabilities And Stockholders Equity37.9M37.5M50.4M48.8M50.2M31.2M
Non Current Liabilities Total5.3M5.5M5.6M5.7M8.4M4.7M
Inventory13.5M9.4M17.0M22.1M24.0M25.1M
Other Current Assets1.7M1.9M1.6M1.6M1.9M1.8M
Other Stockholder Equity21.0M20.9M30.5M31.1M43.2M24.9M
Total Liab14.7M15.0M17.8M28.7M28.8M30.3M
Property Plant And Equipment Gross6.8M6.5M7.0M6.9M20.0M21.0M
Total Current Assets23.9M24.6M37.4M36.2M37.2M29.5M
Accounts Payable5.3M5.1M5.9M12.9M9.8M10.3M
Common Stock Total Equity8.3M8.4M8.4M11.1M12.7M8.1M
Common Stock8.4M8.4M11.0M11.1M2.3M2.2M
Other Assets4.6M9.3K4.2M4.3M4.9M4.4M
Property Plant Equipment4.0M3.6M7.0M4.9M5.6M5.9M
Other Liab2.4M2.6M2.7M3.6M4.2M4.4M
Current Deferred Revenue369K757K1.0M1.0M1.1M1.2M
Net Tangible Assets23.3M22.5M32.6M20.1M18.1M22.9M
Retained Earnings Total Equity(2.4M)(6.0M)(6.8M)(22.0M)(19.8M)(18.8M)
Capital Surpluse25.9M26.1M26.3M36.5M41.9M28.9M
Deferred Long Term Liab1.6M2.4M2.6M3.6M4.2M4.4M
Treasury Stock(810K)(4.1M)(5.1M)(5.4M)(4.9M)(4.6M)
Deferred Long Term Asset Charges3.3M3.5M4.4M4.3M4.9M4.1M
Long Term Investments2.6M2.0M1.8M1.5M742K704.9K

Currently Active Assets on Macroaxis

When determining whether BK Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BK Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bk Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bk Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BK Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in BKTI Stock please use our How to Invest in BK Technologies guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BK Technologies. If investors know BKTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BK Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.667
Earnings Share
0.78
Revenue Per Share
21.429
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0514
The market value of BK Technologies is measured differently than its book value, which is the value of BKTI that is recorded on the company's balance sheet. Investors also form their own opinion of BK Technologies' value that differs from its market value or its book value, called intrinsic value, which is BK Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BK Technologies' market value can be influenced by many factors that don't directly affect BK Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BK Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if BK Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BK Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.