Knight Long Term Investments vs Current Deferred Revenue Analysis
GUD Stock | CAD 5.86 0.12 2.09% |
Knight Therapeutics financial indicator trend analysis is infinitely more than just investigating Knight Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Knight Therapeutics is a good investment. Please check the relationship between Knight Therapeutics Long Term Investments and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Knight Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Long Term Investments vs Current Deferred Revenue
Long Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knight Therapeutics Long Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Knight Therapeutics' Long Term Investments and Current Deferred Revenue is 0.49. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Knight Therapeutics, assuming nothing else is changed. The correlation between historical values of Knight Therapeutics' Long Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Knight Therapeutics are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Investments i.e., Knight Therapeutics' Long Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Knight Therapeutics balance sheet that represents investments Knight Therapeutics intends to hold for over a year. Knight Therapeutics long term investments may include different instruments such as stocks, bonds, real estate and cash.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Knight Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Knight Therapeutics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Knight Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Knight Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 14th of June 2024, Enterprise Value Over EBITDA is likely to grow to 10.50, though Tax Provision is likely to grow to (4.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 6.6M | 12.5M | 9.4M | Depreciation And Amortization | 47.9M | 62.6M | 72.0M | 75.6M |
Knight Therapeutics fundamental ratios Correlations
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Knight Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Knight Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.0B | 991.9M | 1.1B | 945.5M | 952.1M | |
Total Stockholder Equity | 810.7M | 886.2M | 842.0M | 825.9M | 746.9M | 823.4M | |
Net Debt | (107.1M) | (173.4M) | (45.0M) | 6.0M | 3.1M | 3.3M | |
Cash | 169.3M | 229.6M | 86.0M | 71.7M | 58.8M | 55.8M | |
Cash And Short Term Investments | 430.6M | 411.3M | 163.0M | 191.2M | 172.1M | 163.5M | |
Common Stock Total Equity | 761.5M | 761.8M | 723.8M | 694.4M | 798.5M | 616.3M | |
Common Stock Shares Outstanding | 140.1M | 132.0M | 124.5M | 114.9M | 101.2M | 123.2M | |
Total Current Assets | 698.2M | 554.6M | 307.3M | 395.6M | 365.1M | 556.5M | |
Common Stock | 723.8M | 694.4M | 628.9M | 599.1M | 688.9M | 628.1M | |
Other Current Liab | 225.6M | 15.9M | 11.7M | 15.0M | 1.0M | 993.7K | |
Total Current Liabilities | 350.8M | 114.1M | 105.3M | 141.3M | 114.0M | 96.9M | |
Net Tangible Assets | 1.0B | 549.1M | 652.0M | 416.3M | 374.7M | 569.1M | |
Property Plant And Equipment Net | 29.0M | 26.2M | 29.9M | 22.6M | 17.9M | 14.0M | |
Current Deferred Revenue | 282K | 183K | 39.9M | 14.6M | 16.8M | 8.9M | |
Retained Earnings | 52.2M | 174.5M | 191.6M | 161.8M | 150.9M | 178.6M | |
Accounts Payable | 72.8M | 44.5M | 65.3M | 106.1M | 85.4M | 89.6M | |
Non Current Assets Total | 607.1M | 485.0M | 684.6M | 659.2M | 580.4M | 435.2M | |
Other Assets | 152.0M | 75.5M | 57.1M | 15.6M | 17.9M | 17.0M | |
Net Receivables | 111.7M | 82.0M | 67.4M | 110.2M | 88.7M | 52.7M | |
Short Term Investments | 261.3M | 181.7M | 77.0M | 119.5M | 111.4M | 174.0M | |
Liabilities And Stockholders Equity | 1.3B | 1.0B | 991.9M | 1.1B | 1.2B | 1.0B | |
Inventory | 70.9M | 56.5M | 72.4M | 92.5M | 91.8M | 96.4M | |
Other Current Assets | 85.0M | 4.8M | 4.5M | 1.7M | 2.0M | 1.9M | |
Other Stockholder Equity | 17.2M | 18.8M | 21.9M | 23.8M | 27.3M | 15.8M | |
Total Liab | 390.2M | 153.4M | 149.9M | 229.0M | 198.6M | 130.2M | |
Long Term Investments | 259.7M | 174.8M | 179.0M | 158.0M | 120.0M | 183.4M | |
Property Plant And Equipment Gross | 29.0M | 26.2M | 41.0M | 56.1M | 39.5M | 21.3M | |
Accumulated Other Comprehensive Income | 17.4M | (1.5M) | (376K) | 41.3M | 37.1M | 39.0M | |
Short Term Debt | 52.3M | 53.6M | 28.3M | 20.3M | 18.2M | 17.3M | |
Intangible Assets | 173.4M | 156.5M | 350.3M | 338.8M | 290.0M | 149.3M | |
Property Plant Equipment | 29.0M | 26.2M | 29.9M | 22.6M | 26.0M | 13.4M | |
Other Liab | 4.6M | 29.6M | 36.8M | 31.9M | 36.7M | 38.5M | |
Non Current Liabilities Total | 39.4M | 39.4M | 44.6M | 87.7M | 84.6M | 88.8M | |
Non Currrent Assets Other | 52.7M | 47.3M | 47.9M | 48.2M | 43.4M | 70.6M | |
Long Term Debt Total | 9.8M | 2.5M | 12.7M | 57.4M | 66.1M | 69.4M | |
Capital Surpluse | 16.5M | 18.7M | 21.8M | 23.7M | 27.2M | 18.3M | |
Cash And Equivalents | 5.3M | 2.6M | 9.0M | 302K | 271.8K | 258.2K | |
Net Invested Capital | 866.3M | 938.0M | 877.9M | 895.9M | 808.7M | 732.4M | |
Net Working Capital | 270.7M | 438.0M | 199.7M | 254.3M | 251.1M | 331.3M | |
Capital Stock | 723.8M | 694.4M | 628.9M | 599.1M | 540.0M | 526.4M |
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Balance Sheet is a snapshot of the financial position of Knight Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Knight Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Knight Therapeutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Knight currently owns. An asset can also be divided into two categories, current and non-current.