Knight Other Stockholder Equity vs Total Assets Analysis

GUD Stock  CAD 6.00  0.21  3.63%   
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 Other Stockholder Equity and its Total Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

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

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of Knight Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Knight Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 tightly coupled 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 1st 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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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Knight Therapeutics information on this page should be used as a complementary analysis to other Knight Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Please note, there is a significant difference between Knight Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Knight Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knight Therapeutics' 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.