Knight Net Receivables vs Other Stockholder Equity Analysis

GUD Stock  CAD 5.87  0.14  2.44%   
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 Net Receivables and its Other Stockholder Equity 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.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knight Therapeutics Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Knight Therapeutics' Net Receivables and Other Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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' Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Knight Therapeutics are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Knight Therapeutics' Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Other Stockholder Equity

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 6th 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 Expense3.6M6.6M12.5M9.4M
Depreciation And Amortization47.9M62.6M72.0M75.6M

Knight Therapeutics fundamental ratios Correlations

0.96-0.380.510.640.980.930.870.980.40.610.380.640.580.340.590.790.350.650.380.60.40.830.640.910.58
0.96-0.530.650.760.980.930.920.990.190.370.540.460.340.550.430.660.190.460.480.440.180.750.410.880.43
-0.38-0.53-0.99-0.92-0.44-0.42-0.74-0.50.050.25-0.830.330.29-0.380.450.22-0.130.34-0.620.450.060.080.31-0.340.41
0.510.65-0.990.950.560.530.820.620.02-0.120.81-0.19-0.160.39-0.3-0.070.17-0.190.6-0.30.010.07-0.170.44-0.27
0.640.76-0.920.950.670.670.910.730.12-0.010.87-0.11-0.060.44-0.220.060.25-0.10.78-0.220.120.19-0.060.64-0.2
0.980.98-0.440.560.670.910.870.990.240.470.430.550.460.460.530.750.210.580.380.550.240.840.530.870.54
0.930.93-0.420.530.670.910.860.930.350.50.560.530.450.470.440.690.350.50.530.460.340.740.50.970.42
0.870.92-0.740.820.910.870.860.910.290.310.720.210.250.40.170.380.310.240.670.180.290.480.280.830.12
0.980.99-0.50.620.730.990.930.910.260.460.50.510.430.470.470.70.250.530.450.490.260.790.490.890.46
0.40.190.050.020.120.240.350.290.260.87-0.060.50.84-0.630.320.390.880.530.180.291.00.220.750.440.27
0.610.370.25-0.12-0.010.470.50.310.460.87-0.250.830.99-0.450.740.760.690.87-0.060.720.870.610.980.540.69
0.380.54-0.830.810.870.430.560.720.5-0.06-0.25-0.36-0.320.56-0.43-0.180.11-0.370.88-0.42-0.07-0.02-0.320.55-0.45
0.640.460.33-0.19-0.110.550.530.210.510.50.83-0.360.86-0.10.850.930.430.94-0.310.870.50.80.890.50.9
0.580.340.29-0.16-0.060.460.450.250.430.840.99-0.320.86-0.460.740.780.680.89-0.140.740.840.630.980.490.72
0.340.55-0.380.390.440.460.470.40.47-0.63-0.450.56-0.1-0.46-0.050.15-0.49-0.180.38-0.01-0.630.33-0.360.410.01
0.590.430.45-0.3-0.220.530.440.170.470.320.74-0.430.850.74-0.050.890.070.92-0.360.990.320.830.840.420.94
0.790.660.22-0.070.060.750.690.380.70.390.76-0.180.930.780.150.890.270.92-0.110.90.390.950.850.680.93
0.350.19-0.130.170.250.210.350.310.250.880.690.110.430.68-0.490.070.270.360.270.080.880.10.550.430.08
0.650.460.34-0.19-0.10.580.50.240.530.530.87-0.370.940.89-0.180.920.920.36-0.270.910.520.840.950.490.94
0.380.48-0.620.60.780.380.530.670.450.18-0.060.88-0.31-0.140.38-0.36-0.110.27-0.27-0.370.17-0.01-0.150.62-0.41
0.60.440.45-0.3-0.220.550.460.180.490.290.72-0.420.870.74-0.010.990.90.080.91-0.370.30.840.830.430.92
0.40.180.060.010.120.240.340.290.261.00.87-0.070.50.84-0.630.320.390.880.520.170.30.210.750.430.26
0.830.750.080.070.190.840.740.480.790.220.61-0.020.80.630.330.830.950.10.84-0.010.840.210.730.70.86
0.640.410.31-0.17-0.060.530.50.280.490.750.98-0.320.890.98-0.360.840.850.550.95-0.150.830.750.730.530.82
0.910.88-0.340.440.640.870.970.830.890.440.540.550.50.490.410.420.680.430.490.620.430.430.70.530.39
0.580.430.41-0.27-0.20.540.420.120.460.270.69-0.450.90.720.010.940.930.080.94-0.410.920.260.860.820.39
Click cells to compare fundamentals

Knight Therapeutics Account Relationship Matchups

Knight Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.0B991.9M1.1B945.5M952.1M
Total Stockholder Equity810.7M886.2M842.0M825.9M746.9M823.4M
Net Debt(107.1M)(173.4M)(45.0M)6.0M3.1M3.3M
Cash169.3M229.6M86.0M71.7M58.8M55.8M
Cash And Short Term Investments430.6M411.3M163.0M191.2M172.1M163.5M
Common Stock Total Equity761.5M761.8M723.8M694.4M798.5M616.3M
Common Stock Shares Outstanding140.1M132.0M124.5M114.9M101.2M123.2M
Total Current Assets698.2M554.6M307.3M395.6M365.1M556.5M
Common Stock723.8M694.4M628.9M599.1M688.9M628.1M
Other Current Liab225.6M15.9M11.7M15.0M1.0M993.7K
Total Current Liabilities350.8M114.1M105.3M141.3M114.0M96.9M
Net Tangible Assets1.0B549.1M652.0M416.3M374.7M569.1M
Property Plant And Equipment Net29.0M26.2M29.9M22.6M17.9M14.0M
Current Deferred Revenue282K183K39.9M14.6M16.8M8.9M
Retained Earnings52.2M174.5M191.6M161.8M150.9M178.6M
Accounts Payable72.8M44.5M65.3M106.1M85.4M89.6M
Non Current Assets Total607.1M485.0M684.6M659.2M580.4M435.2M
Other Assets152.0M75.5M57.1M15.6M17.9M17.0M
Net Receivables111.7M82.0M67.4M110.2M88.7M52.7M
Short Term Investments261.3M181.7M77.0M119.5M111.4M174.0M
Liabilities And Stockholders Equity1.3B1.0B991.9M1.1B1.2B1.0B
Inventory70.9M56.5M72.4M92.5M91.8M96.4M
Other Current Assets85.0M4.8M4.5M1.7M2.0M1.9M
Other Stockholder Equity17.2M18.8M21.9M23.8M27.3M15.8M
Total Liab390.2M153.4M149.9M229.0M198.6M130.2M
Long Term Investments259.7M174.8M179.0M158.0M120.0M183.4M
Property Plant And Equipment Gross29.0M26.2M41.0M56.1M39.5M21.3M
Accumulated Other Comprehensive Income17.4M(1.5M)(376K)41.3M37.1M39.0M
Short Term Debt52.3M53.6M28.3M20.3M18.2M17.3M
Intangible Assets173.4M156.5M350.3M338.8M290.0M149.3M
Property Plant Equipment29.0M26.2M29.9M22.6M26.0M13.4M
Other Liab4.6M29.6M36.8M31.9M36.7M38.5M
Non Current Liabilities Total39.4M39.4M44.6M87.7M84.6M88.8M
Non Currrent Assets Other52.7M47.3M47.9M48.2M43.4M70.6M
Long Term Debt Total9.8M2.5M12.7M57.4M66.1M69.4M
Capital Surpluse16.5M18.7M21.8M23.7M27.2M18.3M
Cash And Equivalents5.3M2.6M9.0M302K271.8K258.2K
Net Invested Capital866.3M938.0M877.9M895.9M808.7M732.4M
Net Working Capital270.7M438.0M199.7M254.3M251.1M331.3M
Capital Stock723.8M694.4M628.9M599.1M540.0M526.4M

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Other Information on Investing in Knight Stock

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.