KNOT Gross Profit Margin vs Net Debt Analysis

KNOP Stock

USD 5.71 0.01 0.18%

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 Gross Profit Margin and its Net Debt 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 closely tied with the direction of predictive economic indicators such as signals in persons.

Gross Profit Margin vs Net Debt

Gross Profit Margin vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KNOT Offshore Partners Gross Profit Margin account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between KNOT Offshore's Gross Profit Margin and Net Debt is -0.05. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Debt 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 Gross Profit Margin and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of KNOT Offshore Partners are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Gross Profit Margin i.e., KNOT Offshore's Gross Profit Margin and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit Margin

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 closely tied with the direction of predictive economic indicators such as signals in persons.

As of 12/11/2024, 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	72.7M	76.3M
Depreciation And Amortization	99.6M	107.4M	110.3M	71.8M

Interest Expense Depreciation And Amortization

KNOT Offshore fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.99	-0.47	0.56	0.46	-0.9	1.0	-0.07	0.99	0.61	0.88	1.0	-0.36	-0.37	0.97	0.88	0.55	0.67	0.92	0.28	0.96	0.76	0.5	0.2	0.99	0.92
Short Long Term Debt Total	0.99		-0.4	0.62	0.43	-0.86	0.99	-0.1	1.0	0.63	0.87	0.99	-0.39	-0.39	0.96	0.87	0.6	0.67	0.93	0.28	0.96	0.81	0.54	0.18	1.0	0.93
Other Current Liab	-0.47	-0.4		0.01	-0.27	0.69	-0.47	0.07	-0.39	-0.26	-0.46	-0.47	-0.1	0.08	-0.44	-0.46	-0.04	-0.36	-0.33	-0.27	-0.41	-0.19	-0.19	-0.12	-0.34	-0.41
Total Current Liabilities	0.56	0.62	0.01		0.32	-0.45	0.55	-0.37	0.62	0.33	0.48	0.55	-0.85	-0.33	0.37	0.48	0.92	0.27	0.65	-0.09	0.37	0.87	0.72	-0.11	0.62	0.48
Total Stockholder Equity	0.46	0.43	-0.27	0.32		-0.52	0.45	-0.16	0.42	0.33	0.59	0.45	-0.32	-0.27	0.39	0.59	0.45	0.44	0.48	-0.58	0.38	0.46	0.46	0.12	0.42	0.48
Other Liab	-0.9	-0.86	0.69	-0.45	-0.52		-0.89	0.22	-0.85	-0.64	-0.92	-0.89	0.31	0.3	-0.84	-0.92	-0.53	-0.69	-0.84	-0.13	-0.82	-0.69	-0.55	-0.08	-0.83	-0.85
Property Plant And Equipment Net	1.0	0.99	-0.47	0.55	0.45	-0.89		-0.05	0.99	0.6	0.87	1.0	-0.35	-0.37	0.97	0.87	0.53	0.66	0.91	0.29	0.97	0.75	0.48	0.21	0.99	0.92
Current Deferred Revenue	-0.07	-0.1	0.07	-0.37	-0.16	0.22	-0.05		-0.09	-0.61	-0.22	-0.05	0.22	0.29	0.02	-0.22	-0.64	-0.5	-0.33	0.25	0.03	-0.43	-0.77	0.27	-0.09	-0.27
Net Debt	0.99	1.0	-0.39	0.62	0.42	-0.85	0.99	-0.09		0.62	0.85	0.99	-0.4	-0.39	0.96	0.85	0.59	0.66	0.93	0.29	0.96	0.8	0.53	0.19	1.0	0.92
Accounts Payable	0.61	0.63	-0.26	0.33	0.33	-0.64	0.6	-0.61	0.62		0.68	0.6	-0.05	-0.36	0.63	0.68	0.55	0.84	0.7	0.04	0.62	0.58	0.78	-0.08	0.63	0.77
Cash	0.88	0.87	-0.46	0.48	0.59	-0.92	0.87	-0.22	0.85	0.68		0.87	-0.31	-0.31	0.85	1.0	0.57	0.76	0.9	0.03	0.84	0.78	0.59	0.07	0.85	0.91
Non Current Assets Total	1.0	0.99	-0.47	0.55	0.45	-0.89	1.0	-0.05	0.99	0.6	0.87		-0.35	-0.37	0.97	0.87	0.53	0.66	0.91	0.3	0.97	0.75	0.48	0.21	0.99	0.92
Non Currrent Assets Other	-0.36	-0.39	-0.1	-0.85	-0.32	0.31	-0.35	0.22	-0.4	-0.05	-0.31	-0.35		0.17	-0.16	-0.31	-0.76	-0.05	-0.38	0.22	-0.16	-0.59	-0.43	0.19	-0.41	-0.26
Other Assets	-0.37	-0.39	0.08	-0.33	-0.27	0.3	-0.37	0.29	-0.39	-0.36	-0.31	-0.37	0.17		-0.34	-0.31	-0.34	-0.39	-0.54	0.11	-0.33	-0.43	-0.38	0.41	-0.39	-0.43
Long Term Debt	0.97	0.96	-0.44	0.37	0.39	-0.84	0.97	0.02	0.96	0.63	0.85	0.97	-0.16	-0.34		0.85	0.38	0.69	0.87	0.36	1.0	0.64	0.37	0.26	0.96	0.92
Cash And Short Term Investments	0.88	0.87	-0.46	0.48	0.59	-0.92	0.87	-0.22	0.85	0.68	1.0	0.87	-0.31	-0.31	0.85		0.57	0.76	0.9	0.03	0.84	0.78	0.59	0.07	0.85	0.91
Net Receivables	0.55	0.6	-0.04	0.92	0.45	-0.53	0.53	-0.64	0.59	0.55	0.57	0.53	-0.76	-0.34	0.38	0.57		0.47	0.71	-0.28	0.37	0.89	0.88	-0.17	0.6	0.56
Good Will	0.67	0.67	-0.36	0.27	0.44	-0.69	0.66	-0.5	0.66	0.84	0.76	0.66	-0.05	-0.39	0.69	0.76	0.47		0.77	0.07	0.68	0.59	0.67	-0.09	0.66	0.88
Common Stock Shares Outstanding	0.92	0.93	-0.33	0.65	0.48	-0.84	0.91	-0.33	0.93	0.7	0.9	0.91	-0.38	-0.54	0.87	0.9	0.71	0.77		0.09	0.86	0.9	0.68	0.01	0.93	0.94
Short Term Investments	0.28	0.28	-0.27	-0.09	-0.58	-0.13	0.29	0.25	0.29	0.04	0.03	0.3	0.22	0.11	0.36	0.03	-0.28	0.07	0.09		0.36	-0.04	-0.24	0.31	0.27	0.2
Non Current Liabilities Total	0.96	0.96	-0.41	0.37	0.38	-0.82	0.97	0.03	0.96	0.62	0.84	0.97	-0.16	-0.33	1.0	0.84	0.37	0.68	0.86	0.36		0.63	0.36	0.26	0.96	0.91
Inventory	0.76	0.81	-0.19	0.87	0.46	-0.69	0.75	-0.43	0.8	0.58	0.78	0.75	-0.59	-0.43	0.64	0.78	0.89	0.59	0.9	-0.04	0.63		0.81	-0.04	0.8	0.77
Other Current Assets	0.5	0.54	-0.19	0.72	0.46	-0.55	0.48	-0.77	0.53	0.78	0.59	0.48	-0.43	-0.38	0.37	0.59	0.88	0.67	0.68	-0.24	0.36	0.81		-0.22	0.53	0.61
Other Stockholder Equity	0.2	0.18	-0.12	-0.11	0.12	-0.08	0.21	0.27	0.19	-0.08	0.07	0.21	0.19	0.41	0.26	0.07	-0.17	-0.09	0.01	0.31	0.26	-0.04	-0.22		0.19	0.11
Total Liab	0.99	1.0	-0.34	0.62	0.42	-0.83	0.99	-0.09	1.0	0.63	0.85	0.99	-0.41	-0.39	0.96	0.85	0.6	0.66	0.93	0.27	0.96	0.8	0.53	0.19		0.92
Property Plant And Equipment Gross	0.92	0.93	-0.41	0.48	0.48	-0.85	0.92	-0.27	0.92	0.77	0.91	0.92	-0.26	-0.43	0.92	0.91	0.56	0.88	0.94	0.2	0.91	0.77	0.61	0.11	0.92

Click cells to compare fundamentals

KNOT Offshore Account Relationship Matchups

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	23.0M	19.1M	16.4M	16.9M	12.5M
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	11.1M	5.2M	5.5M
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	21.5M	16.9M	17.8M
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	185.5M	89.9M	371.2M	99.9M	107.0M
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)

Pair Trading with KNOT Offshore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KNOT Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KNOT Offshore will appreciate offsetting losses from the drop in the long position's value.

Moving together with KNOT Stock

0.85

Safe Bulkers

Pair Corr

Moving against KNOT Stock

0.91	HTCO	Caravelle International Symbol Change	Pair Corr
0.79	SB-PC	Safe Bulkers	Pair Corr
0.78	SB-PD	Safe Bulkers	Pair Corr
0.6	ZIM	ZIM Integrated Shipping	Pair Corr
0.5	CMRE-PB	Costamare	Pair Corr

The ability to find closely correlated positions to KNOT Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOT Offshore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KNOT Offshore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KNOT Offshore Partners to buy it.

The correlation of KNOT Offshore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KNOT Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOT Offshore Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for KNOT Offshore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for KNOT Stock Analysis

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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