Kornit Ebit vs Total Other Income Expense Net Analysis

KRNT Stock  USD 15.66  0.28  1.82%   
Kornit Digital financial indicator trend analysis is infinitely more than just investigating Kornit Digital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kornit Digital is a good investment. Please check the relationship between Kornit Digital Ebit and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.

Ebit vs Total Other Income Expense Net

Ebit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Ebit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Kornit Digital's Ebit and Total Other Income Expense Net is -0.96. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Kornit Digital, assuming nothing else is changed. The correlation between historical values of Kornit Digital's Ebit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Kornit Digital are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Ebit i.e., Kornit Digital's Ebit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

Total Other Income Expense Net

Most indicators from Kornit Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kornit Digital 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 Kornit Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.At this time, Kornit Digital's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (15.09) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense286K13.4M15.4M16.2M
Depreciation And Amortization7.0M13.6M14.7M15.4M

Kornit Digital fundamental ratios Correlations

0.960.960.860.950.760.890.920.35-0.5-0.310.550.550.90.530.510.880.830.80.890.750.90.960.810.90.89
0.961.00.91.00.640.910.930.36-0.62-0.280.60.670.890.50.510.960.790.840.760.710.930.960.790.920.93
0.961.00.891.00.670.910.940.36-0.59-0.320.570.640.90.530.480.950.80.850.770.730.920.970.810.930.91
0.860.90.890.880.50.780.810.64-0.720.010.830.760.720.220.650.950.650.670.720.590.890.820.60.790.99
0.951.01.00.880.650.910.930.33-0.61-0.310.570.660.90.520.490.960.790.850.750.710.920.960.80.930.91
0.760.640.670.50.650.650.62-0.17-0.39-0.290.360.420.660.440.370.550.660.550.770.390.520.650.640.640.51
0.890.910.910.780.910.650.980.22-0.45-0.580.370.510.980.760.250.850.950.970.70.840.830.880.961.00.81
0.920.930.940.810.930.620.980.29-0.42-0.520.390.480.980.720.330.860.920.940.720.880.90.930.930.990.85
0.350.360.360.640.33-0.170.220.29-0.210.220.520.240.16-0.130.340.440.20.180.320.380.450.350.10.230.6
-0.5-0.62-0.59-0.72-0.61-0.39-0.45-0.42-0.21-0.33-0.86-1.0-0.340.12-0.69-0.78-0.19-0.35-0.350.03-0.53-0.44-0.22-0.46-0.68
-0.31-0.28-0.320.01-0.31-0.29-0.58-0.520.22-0.330.530.29-0.62-0.950.56-0.11-0.71-0.71-0.18-0.7-0.18-0.36-0.77-0.56-0.04
0.550.60.570.830.570.360.370.390.52-0.860.530.870.28-0.320.830.750.180.20.510.050.630.460.110.370.79
0.550.670.640.760.660.420.510.480.24-1.00.290.870.4-0.070.690.820.250.40.390.040.580.490.270.510.73
0.90.890.90.720.90.660.980.980.16-0.34-0.620.280.40.790.240.790.940.950.710.870.820.910.960.980.76
0.530.50.530.220.520.440.760.72-0.130.12-0.95-0.32-0.070.79-0.310.340.830.850.360.810.40.570.890.750.27
0.510.510.480.650.490.370.250.330.34-0.690.560.830.690.24-0.310.60.060.070.490.010.570.440.050.280.64
0.880.960.950.950.960.550.850.860.44-0.78-0.110.750.820.790.340.60.680.770.680.580.910.860.680.860.96
0.830.790.80.650.790.660.950.920.2-0.19-0.710.180.250.940.830.060.680.930.720.910.740.80.980.930.69
0.80.840.850.670.850.550.970.940.18-0.35-0.710.20.40.950.850.070.770.930.570.860.730.820.970.970.7
0.890.760.770.720.750.770.70.720.32-0.35-0.180.510.390.710.360.490.680.720.570.620.740.780.640.690.74
0.750.710.730.590.710.390.840.880.380.03-0.70.050.040.870.810.010.580.910.860.620.730.780.890.840.64
0.90.930.920.890.920.520.830.90.45-0.53-0.180.630.580.820.40.570.910.740.730.740.730.880.70.840.94
0.960.960.970.820.960.650.880.930.35-0.44-0.360.460.490.910.570.440.860.80.820.780.780.880.810.910.85
0.810.790.810.60.80.640.960.930.1-0.22-0.770.110.270.960.890.050.680.980.970.640.890.70.810.950.64
0.90.920.930.790.930.641.00.990.23-0.46-0.560.370.510.980.750.280.860.930.970.690.840.840.910.950.82
0.890.930.910.990.910.510.810.850.6-0.68-0.040.790.730.760.270.640.960.690.70.740.640.940.850.640.82
Click cells to compare fundamentals

Kornit Digital Account Relationship Matchups

Kornit Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding39.3M42.3M48.6M49.8M49.2M39.5M
Total Assets407.3M629.0M1.0B957.7M865.6M462.5M
Other Current Liab17.4M26.6M40.0M39.8M35.9M21.4M
Total Current Liabilities47.5M89.6M98.1M65.4M50.1M48.8M
Total Stockholder Equity338.3M519.0M919.6M868.8M795.7M401.4M
Other Liab2.4M1.7M2.7M2.4M2.8M2.4M
Net Tangible Assets330.2M495.3M884.0M829.8M954.2M1.0B
Property Plant And Equipment Net40.3M50.3M70.2M87.6M74.7M78.4M
Current Deferred Revenue2.7M27.0M5.4M5.7M2.2M2.1M
Net Debt(17.6M)(103.1M)(584.6M)(78.6M)(16.0M)(16.8M)
Retained Earnings32.7M28.0M43.5M(35.6M)(99.9M)(94.9M)
Accounts Payable23.4M32.0M47.6M14.8M6.9M6.6M
Cash40.7M125.8M611.6M104.6M39.6M37.6M
Non Current Assets Total154.1M151.5M265.7M378.8M343.2M360.4M
Non Currrent Assets Other657K732K1.2M6.2M8.5M8.9M
Other Assets8.4M5.8M10.8M6.2M1.00.95
Cash And Short Term Investments168.3M364.3M648.8M400.0M332.5M212.3M
Net Receivables40.5M51.6M49.8M67.4M93.6M98.3M
Good Will5.6M16.5M25.4M29.2M33.5M35.2M
Short Term Investments127.6M238.5M37.3M295.4M292.9M307.5M
Liabilities And Stockholders Equity407.3M629.0M1.0B957.7M865.6M462.5M
Non Current Liabilities Total21.6M20.3M24.6M23.5M19.8M12.3M
Inventory37.5M52.5M63.0M89.4M67.7M43.9M
Other Current Assets7.0M9.2M14.9M22.1M28.5M30.0M
Other Stockholder Equity304.6M488.2M875.4M921.7M902.7M947.8M
Total Liab69.0M110.0M122.7M88.8M69.9M61.1M
Long Term Investments95.4M71.6M149.3M246.0M223.2M234.4M
Property Plant And Equipment Gross40.3M50.3M70.2M87.6M123.3M129.5M
Total Current Assets253.3M477.5M776.5M578.8M522.4M308.0M
Accumulated Other Comprehensive Income843K2.7M571K(17.4M)(7.2M)(6.8M)
Intangible Assets2.5M7.2M10.1M9.9M7.6M4.5M
Common Stock105K121K133K134K154.1K103.2K
Property Plant Equipment40.3M50.3M70.2M87.6M100.7M105.8M
Non Current Liabilities Other1.3M443K1.2M1.2M198K188.1K
Net Invested Capital338.3M519.0M919.6M868.8M795.7M592.6M
Net Working Capital207.7M387.9M678.5M513.5M472.3M382.1M

Kornit Digital Investors Sentiment

The influence of Kornit Digital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kornit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kornit Digital's public news can be used to forecast risks associated with an investment in Kornit. The trend in average sentiment can be used to explain how an investor holding Kornit can time the market purely based on public headlines and social activities around Kornit Digital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kornit Digital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kornit Digital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kornit Digital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kornit Digital.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kornit Digital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kornit Digital's short interest history, or implied volatility extrapolated from Kornit Digital options trading.

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When determining whether Kornit Digital is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kornit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kornit Digital Stock. Highlighted below are key reports to facilitate an investment decision about Kornit Digital Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Kornit Digital's industry 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 Kornit Digital. If investors know Kornit 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 Kornit Digital 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
(0.84)
Earnings Share
(1.31)
Revenue Per Share
4.471
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.05)
The market value of Kornit Digital is measured differently than its book value, which is the value of Kornit that is recorded on the company's balance sheet. Investors also form their own opinion of Kornit Digital's value that differs from its market value or its book value, called intrinsic value, which is Kornit Digital's 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 Kornit Digital's market value can be influenced by many factors that don't directly affect Kornit Digital's 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 Kornit Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kornit Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kornit Digital's 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.