Kornit Non Current Assets Total from 2010 to 2024
KRNT Stock | USD 15.14 0.43 2.76% |
Non Current Assets Total | First Reported 2014-12-31 | Previous Quarter 343.2 M | Current Value 293.3 M | Quarterly Volatility 125.4 M |
Check Kornit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kornit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.4 M, Interest Expense of 16.2 M or Selling General Administrative of 20.4 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 1.12. Kornit financial statements analysis is a perfect complement when working with Kornit Digital Valuation or Volatility modules.
Kornit | Non Current Assets Total |
Latest Kornit Digital's Non Current Assets Total Growth Pattern
Below is the plot of the Non Current Assets Total of Kornit Digital over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Kornit Digital's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kornit Digital's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total | 10 Years Trend |
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Non Current Assets Total |
Timeline |
Kornit Non Current Assets Total Regression Statistics
Arithmetic Mean | 127,857,910 | |
Geometric Mean | 45,024,056 | |
Coefficient Of Variation | 110.56 | |
Mean Deviation | 118,198,959 | |
Median | 74,067,000 | |
Standard Deviation | 141,361,734 | |
Sample Variance | 19983.1T | |
Range | 374.5M | |
R-Value | 0.92 | |
Mean Square Error | 3285.2T | |
R-Squared | 0.85 | |
Slope | 29,096,913 | |
Total Sum of Squares | 279764T |
Kornit Non Current Assets Total History
About Kornit Digital Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Kornit Digital income statement, its balance sheet, and the statement of cash flows. Kornit Digital investors use historical funamental indicators, such as Kornit Digital's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Kornit Digital investors may use each financial statement separately, they are all related. The changes in Kornit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kornit Digital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kornit Digital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kornit Digital. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Non Current Assets Total | 343.2 M | 360.4 M |
Pair Trading with Kornit Digital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kornit Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kornit Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Kornit Stock
0.65 | HI | Hillenbrand Fiscal Year End 20th of November 2024 | PairCorr |
Moving against Kornit Stock
0.75 | EPAC | Enerpac Tool Group Financial Report 19th of June 2024 | PairCorr |
0.69 | FLS | Flowserve | PairCorr |
0.67 | CR | Crane Company | PairCorr |
0.6 | ETN | Eaton PLC | PairCorr |
0.49 | DOV | Dover | PairCorr |
The ability to find closely correlated positions to Kornit Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kornit Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kornit Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kornit Digital to buy it.
The correlation of Kornit Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kornit Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kornit Digital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kornit Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional 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.