| KNW Stock | | | USD 0.24 0.01 4.35% |
Know Labs financial indicator trend analysis is infinitely more than just investigating Know Labs recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Know Labs is a good investment. Please check the relationship between Know Labs Cash and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Know Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Know Stock please use our
How to Invest in Know Labs guide.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Know Labs Cash account and
Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Know Labs' Cash and Total Current Liabilities is 0.26. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Know Labs, assuming nothing else is changed. The correlation between historical values of Know Labs' Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Know Labs are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Know Labs' Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Know Labs, which is listed under current asset account on Know Labs balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Know Labs customers. The amounts must be unrestricted with restricted cash listed in a different Know Labs account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Current Liabilities
Total Current Liabilities is an item on Know Labs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Know Labs 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.
Most indicators from Know Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Know Labs 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 Know Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Know Stock please use our
How to Invest in Know Labs guide.
Selling General Administrative is likely to drop to about 8.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 3.6
M in 2024
Know Labs fundamental ratios Correlations
Click cells to compare fundamentals
Know Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Know Labs fundamental ratios Accounts
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Additional Tools for Know Stock Analysis
When running Know Labs' price analysis, check to
measure Know Labs' 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 Know Labs is operating at the current time. Most of Know Labs' value examination focuses on studying past and present price action to
predict the probability of Know Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know Labs' price. Additionally, you may evaluate how the addition of Know Labs to your portfolios can decrease your overall portfolio volatility.