Knights Income Before Tax vs Net Income Analysis

KGH Stock

121.00 1.50 1.26%

Knights Group financial indicator trend analysis is infinitely more than just investigating Knights Group Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Knights Group Holdings is a good investment. Please check the relationship between Knights Group Income Before Tax and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knights Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knights Group Holdings Income Before Tax account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Knights Group's Income Before Tax and Net Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Knights Group Holdings, assuming nothing else is changed. The correlation between historical values of Knights Group's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Knights Group Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Knights Group's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Knights Group income statement and is an important metric when analyzing Knights Group Holdings 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Knights Group Holdings financial statement analysis. It represents the amount of money remaining after all of Knights Group Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Knights Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Knights Group Holdings 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 Knights Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Tax Provision is expected to grow to about 6 M, whereas Discontinued Operations is projected to grow to (940.5 K).

	2022	2023	2024	2025 (projected)
Interest Expense	3.7M	4.9M	5.7M	6.0M
Depreciation And Amortization	11.6M	11.9M	13.7M	14.4M

Interest Expense Depreciation And Amortization

Knights Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.98	0.37	0.64	0.99	0.9	0.94	0.99	-0.79	0.97	0.81	0.92	0.67	1.0	-0.41	0.83	0.67	1.0	0.99	0.97	0.83	0.98	-0.69	0.98	0.99	0.99
Short Long Term Debt Total	0.98		0.23	0.52	0.96	0.89	0.9	0.98	-0.79	1.0	0.82	0.92	0.61	0.98	-0.42	0.9	0.61	0.98	0.97	0.92	0.79	1.0	-0.66	0.97	0.95	0.98
Other Current Liab	0.37	0.23		0.78	0.37	0.18	0.42	0.39	-0.2	0.19	0.15	0.24	0.44	0.38	-0.24	-0.1	0.44	0.33	0.31	0.42	0.35	0.21	-0.33	0.25	0.42	0.35
Total Current Liabilities	0.64	0.52	0.78		0.61	0.54	0.52	0.67	-0.2	0.52	0.43	0.54	0.33	0.65	-0.1	0.14	0.33	0.63	0.62	0.59	0.75	0.51	-0.42	0.58	0.63	0.67
Total Stockholder Equity	0.99	0.96	0.37	0.61		0.88	0.96	0.97	-0.83	0.94	0.81	0.91	0.73	0.99	-0.42	0.84	0.73	0.99	0.99	0.99	0.81	0.96	-0.71	0.96	1.0	0.97
Other Liab	0.9	0.89	0.18	0.54	0.88		0.86	0.88	-0.72	0.9	0.92	0.98	0.49	0.9	-0.2	0.78	0.49	0.9	0.91	0.84	0.82	0.9	-0.73	0.92	0.87	0.9
Net Tangible Assets	0.94	0.9	0.42	0.52	0.96	0.86		0.91	-0.89	0.87	0.8	0.91	0.82	0.94	-0.49	0.8	0.82	0.93	0.92	0.96	0.69	0.91	-0.69	0.91	0.96	0.9
Property Plant And Equipment Net	0.99	0.98	0.39	0.67	0.97	0.88	0.91		-0.75	0.98	0.78	0.91	0.6	0.99	-0.43	0.8	0.6	0.99	0.97	0.93	0.83	0.98	-0.66	0.97	0.97	1.0
Current Deferred Revenue	-0.79	-0.79	-0.2	-0.2	-0.83	-0.72	-0.89	-0.75		-0.76	-0.71	-0.77	-0.73	-0.79	0.53	-0.82	-0.73	-0.79	-0.78	-0.84	-0.38	-0.8	0.65	-0.77	-0.81	-0.74
Net Debt	0.97	1.0	0.19	0.52	0.94	0.9	0.87	0.98	-0.76		0.81	0.92	0.54	0.97	-0.4	0.89	0.54	0.97	0.96	0.89	0.79	0.99	-0.66	0.97	0.93	0.98
Retained Earnings	0.81	0.82	0.15	0.43	0.81	0.92	0.8	0.78	-0.71	0.81		0.95	0.52	0.81	0.04	0.8	0.52	0.83	0.84	0.76	0.75	0.82	-0.87	0.78	0.78	0.8
Accounts Payable	0.92	0.92	0.24	0.54	0.91	0.98	0.91	0.91	-0.77	0.92	0.95		0.58	0.92	-0.23	0.82	0.58	0.93	0.93	0.87	0.81	0.92	-0.76	0.92	0.9	0.92
Cash	0.67	0.61	0.44	0.33	0.73	0.49	0.82	0.6	-0.73	0.54	0.52	0.58		0.66	-0.39	0.61	1.0	0.65	0.64	0.77	0.42	0.61	-0.45	0.59	0.75	0.6
Non Current Assets Total	1.0	0.98	0.38	0.65	0.99	0.9	0.94	0.99	-0.79	0.97	0.81	0.92	0.66		-0.42	0.82	0.66	1.0	0.99	0.96	0.84	0.98	-0.69	0.98	0.99	0.99
Non Currrent Assets Other	-0.41	-0.42	-0.24	-0.1	-0.42	-0.2	-0.49	-0.43	0.53	-0.4	0.04	-0.23	-0.39	-0.42		-0.32	-0.39	-0.38	-0.36	-0.45	-0.05	-0.43	-0.12	-0.45	-0.46	-0.4
Long Term Debt	0.83	0.9	-0.1	0.14	0.84	0.78	0.8	0.8	-0.82	0.89	0.8	0.82	0.61	0.82	-0.32		0.61	0.85	0.84	0.8	0.59	0.9	-0.63	0.83	0.8	0.81
Cash And Short Term Investments	0.67	0.61	0.44	0.33	0.73	0.49	0.82	0.6	-0.73	0.54	0.52	0.58	1.0	0.66	-0.39	0.61		0.65	0.64	0.77	0.42	0.61	-0.45	0.59	0.75	0.6
Net Receivables	1.0	0.98	0.33	0.63	0.99	0.9	0.93	0.99	-0.79	0.97	0.83	0.93	0.65	1.0	-0.38	0.85	0.65		1.0	0.96	0.84	0.98	-0.71	0.98	0.98	0.99
Good Will	0.99	0.97	0.31	0.62	0.99	0.91	0.92	0.97	-0.78	0.96	0.84	0.93	0.64	0.99	-0.36	0.84	0.64	1.0		0.96	0.85	0.97	-0.71	0.97	0.98	0.98
Common Stock Total Equity	0.97	0.92	0.42	0.59	0.99	0.84	0.96	0.93	-0.84	0.89	0.76	0.87	0.77	0.96	-0.45	0.8	0.77	0.96	0.96		0.78	0.92	-0.7	0.93	0.99	0.93
Common Stock Shares Outstanding	0.83	0.79	0.35	0.75	0.81	0.82	0.69	0.83	-0.38	0.79	0.75	0.81	0.42	0.84	-0.05	0.59	0.42	0.84	0.85	0.78		0.79	-0.64	0.82	0.81	0.85
Non Current Liabilities Total	0.98	1.0	0.21	0.51	0.96	0.9	0.91	0.98	-0.8	0.99	0.82	0.92	0.61	0.98	-0.43	0.9	0.61	0.98	0.97	0.92	0.79		-0.66	0.98	0.95	0.98
Inventory	-0.69	-0.66	-0.33	-0.42	-0.71	-0.73	-0.69	-0.66	0.65	-0.66	-0.87	-0.76	-0.45	-0.69	-0.12	-0.63	-0.45	-0.71	-0.71	-0.7	-0.64	-0.66		-0.61	-0.67	-0.66
Other Current Assets	0.98	0.97	0.25	0.58	0.96	0.92	0.91	0.97	-0.77	0.97	0.78	0.92	0.59	0.98	-0.45	0.83	0.59	0.98	0.97	0.93	0.82	0.98	-0.61		0.96	0.98
Other Stockholder Equity	0.99	0.95	0.42	0.63	1.0	0.87	0.96	0.97	-0.81	0.93	0.78	0.9	0.75	0.99	-0.46	0.8	0.75	0.98	0.98	0.99	0.81	0.95	-0.67	0.96		0.97
Total Liab	0.99	0.98	0.35	0.67	0.97	0.9	0.9	1.0	-0.74	0.98	0.8	0.92	0.6	0.99	-0.4	0.81	0.6	0.99	0.98	0.93	0.85	0.98	-0.66	0.98	0.97

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Knights Group Account Relationship Matchups

Knights Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	194.3M	206.3M	212.2M	219.1M	252.0M	144.3M
Short Long Term Debt Total	68.6M	79.7M	78.2M	81.2M	93.4M	54.8M
Other Current Liab	29.7M	12.7M	12.9M	12.0M	13.8M	15.2M
Total Current Liabilities	40.3M	30.7M	32.3M	30.7M	35.3M	26.5M
Total Stockholder Equity	82.7M	85.7M	92.8M	100.3M	115.3M	58.3M
Other Liab	5.1M	5.6M	8.7M	15.1M	17.3M	18.2M
Net Tangible Assets	(7.2M)	6.8M	3.2M	3.5M	4.0M	4.2M
Property Plant And Equipment Net	49.9M	50.9M	48.2M	48.9M	56.3M	28.8M
Current Deferred Revenue	216K	237K	218K	188K	169.2K	160.7K
Net Debt	63.8M	75.6M	74.1M	75.7M	87.1M	49.9M
Retained Earnings	14.2M	11.2M	17.4M	28.3M	32.6M	34.2M
Accounts Payable	3.7M	4.7M	5.5M	5.6M	6.4M	6.7M
Cash	4.8M	4.1M	4.0M	5.5M	6.3M	4.9M
Non Current Assets Total	129.5M	135.0M	138.4M	140.7M	161.8M	92.5M
Non Currrent Assets Other	(47.7M)	(51.8M)	(59.7M)	4.8M	4.4M	4.6M
Long Term Debt	23.7M	32.8M	33.1M	40.1M	46.2M	29.7M
Cash And Short Term Investments	4.8M	4.1M	4.0M	5.5M	6.3M	4.9M
Net Receivables	54.5M	58.5M	62.1M	66.5M	76.5M	41.7M
Good Will	47.7M	51.8M	59.7M	61.8M	71.1M	39.6M
Common Stock Shares Outstanding	83.2M	83.7M	86.5M	88.6M	101.9M	83.0M
Liabilities And Stockholders Equity	194.3M	206.3M	212.2M	219.1M	252.0M	144.3M
Non Current Liabilities Total	71.3M	89.9M	87.1M	88.1M	101.4M	59.3M
Other Current Assets	5.6M	8.7M	7.6M	7.1M	8.2M	5.0M
Other Stockholder Equity	66.3M	68.4M	74.3M	75.3M	86.6M	45.8M
Total Liab	111.6M	120.6M	119.4M	118.8M	136.7M	86.0M
Property Plant And Equipment Gross	49.9M	67.9M	72.0M	72.7M	83.6M	87.7M
Short Long Term Debt	2.3M	355K	189K	468K	421.2K	632.3K
Total Current Assets	64.8M	71.3M	73.8M	79.1M	90.9M	51.9M
Short Term Debt	5.9M	5.7M	6.5M	5.6M	6.5M	3.5M
Intangible Assets	79.5M	82.2M	88.0M	25.1M	28.9M	50.5M
Common Stock	164K	165K	169K	171K	196.7K	157.3K
Property Plant Equipment	3.3M	29.3M	49.9M	50.9M	58.5M	61.5M
Capital Lease Obligations	42.6M	46.5M	44.9M	40.6M	46.7M	31.2M
Net Invested Capital	108.6M	118.8M	126.1M	140.9M	162.0M	94.6M
Net Working Capital	24.5M	40.6M	41.5M	48.4M	55.6M	30.8M
Capital Stock	164K	165K	169K	171K	196.7K	181.0K

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Other Information on Investing in Knights Stock

Balance Sheet is a snapshot of the financial position of Knights Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Knights Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Knights Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Knights currently owns. An asset can also be divided into two categories, current and non-current.

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Knights Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

Knights Group fundamental ratios Correlations

Knights Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Knights Group fundamental ratios Accounts

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Other Information on Investing in Knights Stock

COMMON DESTINATIONS

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Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Property Plant And Equipment Net

Current Deferred Revenue	- 0.89	Net Tangible Assets
Inventory	- 0.87	Retained Earnings
Common Stock Total Equity	- 0.84	Current Deferred Revenue
Current Deferred Revenue	- 0.83	Total Stockholder Equity
Long Term Debt	- 0.82	Current Deferred Revenue
Other Stockholder Equity	- 0.81	Current Deferred Revenue