Kornit Research Development vs Income Before Tax 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 Research Development and its Income Before Tax 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.
Research Development vs Income Before Tax
Research Development vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Research Development account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kornit Digital's Research Development and Income Before Tax is -0.62. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax 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 Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Kornit Digital are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., Kornit Digital's Research Development and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Research Development
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Kornit Digital income statement and is an important metric when analyzing Kornit Digital profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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 |
Kornit Digital fundamental ratios Correlations
Click cells to compare fundamentals
Kornit Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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.