Kornit Operating Income vs Non Recurring 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 Operating Income and its Non Recurring 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.

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Operating Income account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kornit Digital's Operating Income and Non Recurring is 0.75. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring 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 Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Kornit Digital are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Kornit Digital's Operating Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Kornit Digital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Kornit Digital is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Recurring

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 Expense	286K	13.4M	15.4M	16.2M
Depreciation And Amortization	7.0M	13.6M	14.7M	15.4M

Interest Expense Depreciation And Amortization

Kornit Digital fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.96	0.96	0.86	0.95	0.76	0.89	0.92	0.35	-0.5	-0.31	0.55	0.55	0.9	0.53	0.51	0.88	0.83	0.8	0.89	0.75	0.9	0.96	0.81	0.9	0.89
Total Assets	0.96		1.0	0.9	1.0	0.64	0.91	0.93	0.36	-0.62	-0.28	0.6	0.67	0.89	0.5	0.51	0.96	0.79	0.84	0.76	0.71	0.93	0.96	0.79	0.92	0.93
Other Current Liab	0.96	1.0		0.89	1.0	0.67	0.91	0.94	0.36	-0.59	-0.32	0.57	0.64	0.9	0.53	0.48	0.95	0.8	0.85	0.77	0.73	0.92	0.97	0.81	0.93	0.91
Total Current Liabilities	0.86	0.9	0.89		0.88	0.5	0.78	0.81	0.64	-0.72	0.01	0.83	0.76	0.72	0.22	0.65	0.95	0.65	0.67	0.72	0.59	0.89	0.82	0.6	0.79	0.99
Total Stockholder Equity	0.95	1.0	1.0	0.88		0.65	0.91	0.93	0.33	-0.61	-0.31	0.57	0.66	0.9	0.52	0.49	0.96	0.79	0.85	0.75	0.71	0.92	0.96	0.8	0.93	0.91
Other Liab	0.76	0.64	0.67	0.5	0.65		0.65	0.62	-0.17	-0.39	-0.29	0.36	0.42	0.66	0.44	0.37	0.55	0.66	0.55	0.77	0.39	0.52	0.65	0.64	0.64	0.51
Net Tangible Assets	0.89	0.91	0.91	0.78	0.91	0.65		0.98	0.22	-0.45	-0.58	0.37	0.51	0.98	0.76	0.25	0.85	0.95	0.97	0.7	0.84	0.83	0.88	0.96	1.0	0.81
Property Plant And Equipment Net	0.92	0.93	0.94	0.81	0.93	0.62	0.98		0.29	-0.42	-0.52	0.39	0.48	0.98	0.72	0.33	0.86	0.92	0.94	0.72	0.88	0.9	0.93	0.93	0.99	0.85
Current Deferred Revenue	0.35	0.36	0.36	0.64	0.33	-0.17	0.22	0.29		-0.21	0.22	0.52	0.24	0.16	-0.13	0.34	0.44	0.2	0.18	0.32	0.38	0.45	0.35	0.1	0.23	0.6
Net Debt	-0.5	-0.62	-0.59	-0.72	-0.61	-0.39	-0.45	-0.42	-0.21		-0.33	-0.86	-1.0	-0.34	0.12	-0.69	-0.78	-0.19	-0.35	-0.35	0.03	-0.53	-0.44	-0.22	-0.46	-0.68
Retained Earnings	-0.31	-0.28	-0.32	0.01	-0.31	-0.29	-0.58	-0.52	0.22	-0.33		0.53	0.29	-0.62	-0.95	0.56	-0.11	-0.71	-0.71	-0.18	-0.7	-0.18	-0.36	-0.77	-0.56	-0.04
Accounts Payable	0.55	0.6	0.57	0.83	0.57	0.36	0.37	0.39	0.52	-0.86	0.53		0.87	0.28	-0.32	0.83	0.75	0.18	0.2	0.51	0.05	0.63	0.46	0.11	0.37	0.79
Cash	0.55	0.67	0.64	0.76	0.66	0.42	0.51	0.48	0.24	-1.0	0.29	0.87		0.4	-0.07	0.69	0.82	0.25	0.4	0.39	0.04	0.58	0.49	0.27	0.51	0.73
Non Current Assets Total	0.9	0.89	0.9	0.72	0.9	0.66	0.98	0.98	0.16	-0.34	-0.62	0.28	0.4		0.79	0.24	0.79	0.94	0.95	0.71	0.87	0.82	0.91	0.96	0.98	0.76
Non Currrent Assets Other	0.53	0.5	0.53	0.22	0.52	0.44	0.76	0.72	-0.13	0.12	-0.95	-0.32	-0.07	0.79		-0.31	0.34	0.83	0.85	0.36	0.81	0.4	0.57	0.89	0.75	0.27
Other Assets	0.51	0.51	0.48	0.65	0.49	0.37	0.25	0.33	0.34	-0.69	0.56	0.83	0.69	0.24	-0.31		0.6	0.06	0.07	0.49	0.01	0.57	0.44	0.05	0.28	0.64
Cash And Short Term Investments	0.88	0.96	0.95	0.95	0.96	0.55	0.85	0.86	0.44	-0.78	-0.11	0.75	0.82	0.79	0.34	0.6		0.68	0.77	0.68	0.58	0.91	0.86	0.68	0.86	0.96
Net Receivables	0.83	0.79	0.8	0.65	0.79	0.66	0.95	0.92	0.2	-0.19	-0.71	0.18	0.25	0.94	0.83	0.06	0.68		0.93	0.72	0.91	0.74	0.8	0.98	0.93	0.69
Good Will	0.8	0.84	0.85	0.67	0.85	0.55	0.97	0.94	0.18	-0.35	-0.71	0.2	0.4	0.95	0.85	0.07	0.77	0.93		0.57	0.86	0.73	0.82	0.97	0.97	0.7
Common Stock Total Equity	0.89	0.76	0.77	0.72	0.75	0.77	0.7	0.72	0.32	-0.35	-0.18	0.51	0.39	0.71	0.36	0.49	0.68	0.72	0.57		0.62	0.74	0.78	0.64	0.69	0.74
Short Term Investments	0.75	0.71	0.73	0.59	0.71	0.39	0.84	0.88	0.38	0.03	-0.7	0.05	0.04	0.87	0.81	0.01	0.58	0.91	0.86	0.62		0.73	0.78	0.89	0.84	0.64
Non Current Liabilities Total	0.9	0.93	0.92	0.89	0.92	0.52	0.83	0.9	0.45	-0.53	-0.18	0.63	0.58	0.82	0.4	0.57	0.91	0.74	0.73	0.74	0.73		0.88	0.7	0.84	0.94
Inventory	0.96	0.96	0.97	0.82	0.96	0.65	0.88	0.93	0.35	-0.44	-0.36	0.46	0.49	0.91	0.57	0.44	0.86	0.8	0.82	0.78	0.78	0.88		0.81	0.91	0.85
Other Current Assets	0.81	0.79	0.81	0.6	0.8	0.64	0.96	0.93	0.1	-0.22	-0.77	0.11	0.27	0.96	0.89	0.05	0.68	0.98	0.97	0.64	0.89	0.7	0.81		0.95	0.64
Other Stockholder Equity	0.9	0.92	0.93	0.79	0.93	0.64	1.0	0.99	0.23	-0.46	-0.56	0.37	0.51	0.98	0.75	0.28	0.86	0.93	0.97	0.69	0.84	0.84	0.91	0.95		0.82
Total Liab	0.89	0.93	0.91	0.99	0.91	0.51	0.81	0.85	0.6	-0.68	-0.04	0.79	0.73	0.76	0.27	0.64	0.96	0.69	0.7	0.74	0.64	0.94	0.85	0.64	0.82

Click cells to compare fundamentals

Kornit Digital Account Relationship Matchups

Kornit Digital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	39.3M	42.3M	48.6M	49.8M	49.2M	39.5M
Total Assets	407.3M	629.0M	1.0B	957.7M	865.6M	462.5M
Other Current Liab	17.4M	26.6M	40.0M	39.8M	35.9M	21.4M
Total Current Liabilities	47.5M	89.6M	98.1M	65.4M	50.1M	48.8M
Total Stockholder Equity	338.3M	519.0M	919.6M	868.8M	795.7M	401.4M
Other Liab	2.4M	1.7M	2.7M	2.4M	2.8M	2.4M
Net Tangible Assets	330.2M	495.3M	884.0M	829.8M	954.2M	1.0B
Property Plant And Equipment Net	40.3M	50.3M	70.2M	87.6M	74.7M	78.4M
Current Deferred Revenue	2.7M	27.0M	5.4M	5.7M	2.2M	2.1M
Net Debt	(17.6M)	(103.1M)	(584.6M)	(78.6M)	(16.0M)	(16.8M)
Retained Earnings	32.7M	28.0M	43.5M	(35.6M)	(99.9M)	(94.9M)
Accounts Payable	23.4M	32.0M	47.6M	14.8M	6.9M	6.6M
Cash	40.7M	125.8M	611.6M	104.6M	39.6M	37.6M
Non Current Assets Total	154.1M	151.5M	265.7M	378.8M	343.2M	360.4M
Non Currrent Assets Other	657K	732K	1.2M	6.2M	8.5M	8.9M
Other Assets	8.4M	5.8M	10.8M	6.2M	1.0	0.95
Cash And Short Term Investments	168.3M	364.3M	648.8M	400.0M	332.5M	212.3M
Net Receivables	40.5M	51.6M	49.8M	67.4M	93.6M	98.3M
Good Will	5.6M	16.5M	25.4M	29.2M	33.5M	35.2M
Short Term Investments	127.6M	238.5M	37.3M	295.4M	292.9M	307.5M
Liabilities And Stockholders Equity	407.3M	629.0M	1.0B	957.7M	865.6M	462.5M
Non Current Liabilities Total	21.6M	20.3M	24.6M	23.5M	19.8M	12.3M
Inventory	37.5M	52.5M	63.0M	89.4M	67.7M	43.9M
Other Current Assets	7.0M	9.2M	14.9M	22.1M	28.5M	30.0M
Other Stockholder Equity	304.6M	488.2M	875.4M	921.7M	902.7M	947.8M
Total Liab	69.0M	110.0M	122.7M	88.8M	69.9M	61.1M
Long Term Investments	95.4M	71.6M	149.3M	246.0M	223.2M	234.4M
Property Plant And Equipment Gross	40.3M	50.3M	70.2M	87.6M	123.3M	129.5M
Total Current Assets	253.3M	477.5M	776.5M	578.8M	522.4M	308.0M
Accumulated Other Comprehensive Income	843K	2.7M	571K	(17.4M)	(7.2M)	(6.8M)
Intangible Assets	2.5M	7.2M	10.1M	9.9M	7.6M	4.5M
Common Stock	105K	121K	133K	134K	154.1K	103.2K
Property Plant Equipment	40.3M	50.3M	70.2M	87.6M	100.7M	105.8M
Non Current Liabilities Other	1.3M	443K	1.2M	1.2M	198K	188.1K
Net Invested Capital	338.3M	519.0M	919.6M	868.8M	795.7M	592.6M
Net Working Capital	207.7M	387.9M	678.5M	513.5M	472.3M	382.1M

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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:

How To Invest In Kornit

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Is Kornit Stock a good investment?

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What is Kornit Digital's Net Worth?

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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

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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.

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Kornit Operating Income vs Non Recurring Analysis

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

Correlation Coefficient

Operating Income

Non Recurring

Kornit Digital fundamental ratios Correlations

Kornit Digital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kornit Digital fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Kornit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Net Tangible Assets
Total Liab	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Property Plant And Equipment Net

Cash	- 1.0	Net Debt
Non Currrent Assets Other	- 0.95	Retained Earnings
Accounts Payable	- 0.86	Net Debt
Cash And Short Term Investments	- 0.78	Net Debt
Other Current Assets	- 0.77	Retained Earnings
Net Debt	- 0.72	Total Current Liabilities