KNOT Total Current Liabilities vs Total Liab Analysis
| KNOP Stock | USD 6.05 0.03 0.49% |
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 Total Current Liabilities and its Total Liab 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.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KNOT Offshore Partners Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between KNOT Offshore's Total Current Liabilities and Total Liab is 0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab 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 Total Current Liabilities and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of KNOT Offshore Partners are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., KNOT Offshore's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on KNOT Offshore balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KNOT Offshore Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 05/29/2024, 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 Expense | 28.1M | 42.6M | 69.6M | 73.0M | Depreciation And Amortization | 98.6M | 106.2M | 110.9M | 71.6M |
KNOT Offshore fundamental ratios Correlations
Click cells to compare fundamentals
KNOT Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KNOT Offshore fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 1.8B | 1.7B | 1.7B | 1.6B | 1.5B | |
| Short Long Term Debt Total | 997.2M | 1.0B | 969.9M | 1.1B | 958.9M | 864.8M | |
| Other Current Liab | 8.8M | 18.3M | 15.2M | 13.1M | 16.9M | 11.7M | |
| Total Current Liabilities | 104.0M | 213.9M | 116.0M | 390.0M | 127.6M | 133.8M | |
| Total Stockholder Equity | 711.7M | 631.1M | 599.1M | 566.3M | 607.5M | 407.1M | |
| Other Liab | 4.0M | 2.5M | 3.4M | 3.6M | 3.2M | 3.1M | |
| Property Plant And Equipment Net | 1.7B | 1.7B | 1.6B | 1.6B | 1.5B | 1.4B | |
| Current Deferred Revenue | 8.4M | 6.9M | 7.7M | 2.2M | 467K | 443.7K | |
| Net Debt | 953.7M | 979.3M | 907.6M | 1.0B | 895.0M | 824.8M | |
| Accounts Payable | 2.7M | 3.8M | 3.9M | 4.3M | 10.2M | 10.8M | |
| Cash | 43.5M | 52.6M | 62.3M | 47.6M | 63.9M | 40.0M | |
| Non Current Assets Total | 1.7B | 1.7B | 1.6B | 1.6B | 1.5B | 1.4B | |
| Non Currrent Assets Other | 4.6M | (1.7B) | 2.5M | (1.6B) | 4.4M | 4.6M | |
| Other Assets | 3.8M | 4.0M | 2.9M | 1.5M | 1.3M | 2.5M | |
| Long Term Debt | 911.9M | 846.2M | 878.5M | 686.6M | 857.8M | 757.2M | |
| Cash And Short Term Investments | 43.5M | 52.6M | 62.3M | 47.6M | 63.9M | 40.0M | |
| Net Receivables | 2.7M | 5.7M | 2.7M | 2.0M | 7.6M | 8.0M | |
| Liabilities And Stockholders Equity | 1.7B | 1.1B | 1.0B | 1.1B | 1.6B | 1.1B | |
| Non Current Liabilities Total | 922.3M | 868.8M | 888.3M | 691.7M | 861.4M | 774.8M | |
| Inventory | 2.3M | 2.7M | 3.3M | 5.8M | 3.7M | 2.3M | |
| Other Current Assets | 3.4M | 5.5M | 5.6M | 15.5M | 14.6M | 15.3M | |
| Other Stockholder Equity | 551.9M | (66.5M) | (73.9M) | (85.9M) | (98.8M) | (93.9M) | |
| Total Liab | 1.0B | 1.1B | 1.0B | 1.1B | 989.0M | 908.6M | |
| Property Plant And Equipment Gross | 1.7B | 1.7B | 1.6B | 1.6B | 2.4B | 1.5B | |
| Total Current Assets | 52.8M | 66.5M | 73.9M | 85.9M | 89.8M | 52.5M | |
| Short Term Debt | 84.0M | 184.8M | 89.2M | 370.5M | 99.9M | 106.8M | |
| Intangible Assets | 1.9M | 1.3M | 681K | 75K | 67.5K | 64.1K | |
| Property Plant Equipment | 1.7B | 1.7B | 1.6B | 1.6B | 1.9B | 1.4B | |
| Common Stock | 622.4M | 608.3M | 588.7M | 567.9M | 523.2M | 553.1M | |
| Net Tangible Assets | 621.1M | 607.6M | 588.6M | 567.9M | 653.1M | 593.5M | |
| Short Long Term Debt | 83.5M | 184.2M | 88.6M | 369.8M | 99.0M | 153.2M | |
| Net Invested Capital | 1.7B | 1.7B | 1.6B | 1.7B | 1.6B | 1.4B | |
| Net Working Capital | (51.2M) | (147.5M) | (42.1M) | (304.1M) | (37.8M) | (39.7M) |
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When running KNOT Offshore's price analysis, check to measure KNOT Offshore'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 KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.
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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 0.078 | Earnings Share (0.93) | Revenue Per Share 8.422 | Quarterly Revenue Growth 0.091 |
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.