Kornit Reconciled Depreciation vs Interest Income 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 Reconciled Depreciation and its Interest Income 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.

Reconciled Depreciation vs Interest Income

Reconciled Depreciation vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Reconciled Depreciation account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kornit Digital's Reconciled Depreciation and Interest Income is 0.83. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Income 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 Reconciled Depreciation and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Kornit Digital are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Reconciled Depreciation i.e., Kornit Digital's Reconciled Depreciation and Interest Income go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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.

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Kornit Stock analysis

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.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Stocks Directory
Find actively traded stocks across global markets
Commodity Directory
Find actively traded commodities issued by global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
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.