KNOT Selling General Administrative vs Income Before Tax Analysis

KNOP Stock  USD 5.53  0.07  1.28%   
KNOT Offshore financial indicator trend analysis is infinitely more than just investigating KNOT Offshore Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KNOT Offshore Partners is a good investment. Please check the relationship between KNOT Offshore Selling General Administrative and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNOT Offshore Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KNOT Offshore Partners Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KNOT Offshore's Selling General Administrative and Income Before Tax is 0.44. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of KNOT Offshore Partners, assuming nothing else is changed. The correlation between historical values of KNOT Offshore's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of KNOT Offshore Partners are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., KNOT Offshore's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on KNOT Offshore income statement and is an important metric when analyzing KNOT Offshore Partners profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from KNOT Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KNOT Offshore Partners 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNOT Offshore Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of 05/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop slightly above 5.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense28.1M42.6M69.6M73.0M
Depreciation And Amortization98.6M106.2M110.9M71.6M

KNOT Offshore fundamental ratios Correlations

0.99-0.540.560.46-0.91.0-0.070.990.610.881.0-0.36-0.370.970.880.490.670.940.280.960.760.540.20.990.92
0.99-0.470.620.43-0.860.99-0.11.00.630.870.99-0.39-0.390.960.870.510.670.950.280.960.810.570.181.00.93
-0.54-0.47-0.09-0.340.76-0.540.09-0.46-0.28-0.54-0.540.020.12-0.49-0.54-0.11-0.38-0.43-0.23-0.46-0.28-0.27-0.09-0.42-0.46
0.560.62-0.090.32-0.450.55-0.370.620.330.480.55-0.85-0.330.370.480.340.270.68-0.090.370.870.67-0.110.620.48
0.460.43-0.340.32-0.520.45-0.160.420.330.590.45-0.32-0.270.390.590.420.440.47-0.580.380.460.50.120.420.48
-0.9-0.860.76-0.45-0.52-0.890.22-0.85-0.64-0.92-0.890.310.3-0.84-0.92-0.54-0.69-0.85-0.13-0.82-0.69-0.6-0.08-0.83-0.85
1.00.99-0.540.550.45-0.89-0.050.990.60.871.0-0.35-0.370.970.870.480.660.930.290.970.750.520.210.990.92
-0.07-0.10.09-0.37-0.160.22-0.05-0.09-0.61-0.22-0.050.220.290.02-0.22-0.66-0.5-0.260.250.03-0.43-0.760.27-0.09-0.27
0.991.0-0.460.620.42-0.850.99-0.090.620.850.99-0.4-0.390.960.850.50.660.950.290.960.80.560.191.00.92
0.610.63-0.280.330.33-0.640.6-0.610.620.680.6-0.05-0.360.630.680.860.840.640.040.620.580.84-0.080.630.77
0.880.87-0.540.480.59-0.920.87-0.220.850.680.87-0.31-0.310.851.00.620.760.880.030.840.780.640.070.850.91
1.00.99-0.540.550.45-0.891.0-0.050.990.60.87-0.35-0.370.970.870.480.660.930.30.970.750.520.210.990.92
-0.36-0.390.02-0.85-0.320.31-0.350.22-0.4-0.05-0.31-0.350.17-0.16-0.31-0.26-0.05-0.420.22-0.16-0.59-0.380.19-0.41-0.26
-0.37-0.390.12-0.33-0.270.3-0.370.29-0.39-0.36-0.31-0.370.17-0.34-0.31-0.26-0.39-0.530.11-0.33-0.43-0.390.41-0.39-0.43
0.970.96-0.490.370.39-0.840.970.020.960.630.850.97-0.16-0.340.850.490.690.880.361.00.640.440.260.960.92
0.880.87-0.540.480.59-0.920.87-0.220.850.681.00.87-0.31-0.310.850.620.760.880.030.840.780.640.070.850.91
0.490.51-0.110.340.42-0.540.48-0.660.50.860.620.48-0.26-0.260.490.620.730.57-0.260.490.520.76-0.140.520.65
0.670.67-0.380.270.44-0.690.66-0.50.660.840.760.66-0.05-0.390.690.760.730.680.070.680.590.73-0.090.660.88
0.940.95-0.430.680.47-0.850.93-0.260.950.640.880.93-0.42-0.530.880.880.570.680.120.870.890.660.040.950.9
0.280.28-0.23-0.09-0.58-0.130.290.250.290.040.030.30.220.110.360.03-0.260.070.120.36-0.04-0.230.310.270.2
0.960.96-0.460.370.38-0.820.970.030.960.620.840.97-0.16-0.331.00.840.490.680.870.360.630.430.260.960.91
0.760.81-0.280.870.46-0.690.75-0.430.80.580.780.75-0.59-0.430.640.780.520.590.89-0.040.630.79-0.040.80.77
0.540.57-0.270.670.5-0.60.52-0.760.560.840.640.52-0.38-0.390.440.640.760.730.66-0.230.430.79-0.210.570.66
0.20.18-0.09-0.110.12-0.080.210.270.19-0.080.070.210.190.410.260.07-0.14-0.090.040.310.26-0.04-0.210.190.11
0.991.0-0.420.620.42-0.830.99-0.091.00.630.850.99-0.41-0.390.960.850.520.660.950.270.960.80.570.190.92
0.920.93-0.460.480.48-0.850.92-0.270.920.770.910.92-0.26-0.430.920.910.650.880.90.20.910.770.660.110.92
Click cells to compare fundamentals

KNOT Offshore Account Relationship Matchups

KNOT Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B1.7B1.7B1.6B1.5B
Short Long Term Debt Total997.2M1.0B969.9M1.1B958.9M864.8M
Other Current Liab8.8M18.3M15.2M13.1M16.9M11.7M
Total Current Liabilities104.0M213.9M116.0M390.0M127.6M133.8M
Total Stockholder Equity711.7M631.1M599.1M566.3M607.5M407.1M
Other Liab4.0M2.5M3.4M3.6M3.2M3.1M
Property Plant And Equipment Net1.7B1.7B1.6B1.6B1.5B1.4B
Current Deferred Revenue8.4M6.9M7.7M2.2M467K443.7K
Net Debt953.7M979.3M907.6M1.0B895.0M824.8M
Accounts Payable2.7M3.8M3.9M4.3M10.2M10.8M
Cash43.5M52.6M62.3M47.6M63.9M40.0M
Non Current Assets Total1.7B1.7B1.6B1.6B1.5B1.4B
Non Currrent Assets Other4.6M(1.7B)2.5M(1.6B)4.4M4.6M
Other Assets3.8M4.0M2.9M1.5M1.3M2.5M
Long Term Debt911.9M846.2M878.5M686.6M857.8M757.2M
Cash And Short Term Investments43.5M52.6M62.3M47.6M63.9M40.0M
Net Receivables2.7M5.7M2.7M2.0M7.6M8.0M
Liabilities And Stockholders Equity1.7B1.1B1.0B1.1B1.6B1.1B
Non Current Liabilities Total922.3M868.8M888.3M691.7M861.4M774.8M
Inventory2.3M2.7M3.3M5.8M3.7M2.3M
Other Current Assets3.4M5.5M5.6M15.5M14.6M15.3M
Other Stockholder Equity551.9M(66.5M)(73.9M)(85.9M)(98.8M)(93.9M)
Total Liab1.0B1.1B1.0B1.1B989.0M908.6M
Property Plant And Equipment Gross1.7B1.7B1.6B1.6B2.4B1.5B
Total Current Assets52.8M66.5M73.9M85.9M89.8M52.5M
Short Term Debt84.0M184.8M89.2M370.5M99.9M106.8M
Intangible Assets1.9M1.3M681K75K67.5K64.1K
Property Plant Equipment1.7B1.7B1.6B1.6B1.9B1.4B
Common Stock622.4M608.3M588.7M567.9M523.2M553.1M
Net Tangible Assets621.1M607.6M588.6M567.9M653.1M593.5M
Short Long Term Debt83.5M184.2M88.6M369.8M99.0M153.2M
Net Invested Capital1.7B1.7B1.6B1.7B1.6B1.4B
Net Working Capital(51.2M)(147.5M)(42.1M)(304.1M)(37.8M)(39.7M)

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When determining whether KNOT Offshore Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if KNOT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Knot Offshore Partners Stock. Highlighted below are key reports to facilitate an investment decision about Knot Offshore Partners Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNOT Offshore Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is KNOT Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KNOT Offshore. If investors know KNOT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KNOT Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.104
Earnings Share
(1.19)
Revenue Per Share
8.24
Quarterly Revenue Growth
0.024
The market value of KNOT Offshore Partners is measured differently than its book value, which is the value of KNOT that is recorded on the company's balance sheet. Investors also form their own opinion of KNOT Offshore's value that differs from its market value or its book value, called intrinsic value, which is KNOT Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KNOT Offshore's market value can be influenced by many factors that don't directly affect KNOT Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KNOT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if KNOT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KNOT Offshore's 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.