Know Labs Stock Current Ratio

KNW Stock  USD 0.83  0.01  1.22%   
Know Labs fundamentals help investors to digest information that contributes to Know Labs' financial success or failures. It also enables traders to predict the movement of Know Stock. The fundamental analysis module provides a way to measure Know Labs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Know Labs stock.
Last ReportedProjected for Next Year
Current Ratio 1.60  1.68 
Current Ratio is likely to climb to 1.68 in 2024.
  
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Know Labs Company Current Ratio Analysis

Know Labs' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Know Labs Current Ratio

    
  1.82 X  
Most of Know Labs' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Know Labs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Know Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Know Labs is extremely important. It helps to project a fair market value of Know Stock properly, considering its historical fundamentals such as Current Ratio. Since Know Labs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Know Labs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Know Labs' interrelated accounts and indicators.
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Know Current Ratio Historical Pattern

Today, most investors in Know Labs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Know Labs' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Know Labs current ratio as a starting point in their analysis.
   Know Labs Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Know Price To Sales Ratio

Price To Sales Ratio

29.5

At this time, Know Labs' Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Know Labs has a Current Ratio of 1.82 times. This is 35.69% lower than that of the Electronic Equipment, Instruments & Components sector and 53.92% lower than that of the Information Technology industry. The current ratio for all United States stocks is 15.74% higher than that of the company.

Know Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Know Labs' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Know Labs could also be used in its relative valuation, which is a method of valuing Know Labs by comparing valuation metrics of similar companies.
Know Labs is currently under evaluation in current ratio category among its peers.

Know Labs Current Valuation Drivers

We derive many important indicators used in calculating different scores of Know Labs from analyzing Know Labs' financial statements. These drivers represent accounts that assess Know Labs' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Know Labs' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap47.9M73.1M73.9M12.4M11.2M16.4M
Enterprise Value47.9M70.8M63.8M7.3M6.6M6.2M

Know Fundamentals

About Know Labs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Know Labs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Know Labs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Know Labs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Know Stock Analysis

When running Know Labs' price analysis, check to measure Know Labs' 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 Know Labs is operating at the current time. Most of Know Labs' value examination focuses on studying past and present price action to predict the probability of Know Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know Labs' price. Additionally, you may evaluate how the addition of Know Labs to your portfolios can decrease your overall portfolio volatility.