Knights Operating Income vs Reconciled Depreciation 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 Operating Income and its Reconciled Depreciation 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.

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

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

The correlation between Knights Group's Operating Income and Reconciled Depreciation is 0.9. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation 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 Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Knights Group Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Knights Group's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Knights Group Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Knights Group Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

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 Operating Income vs Reconciled Depreciation Analysis

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Operating Income

Reconciled Depreciation

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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COMPANY

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