Kornit Short Term Investments vs Common Stock Total Equity Analysis

KRNT Stock  USD 30.54  0.43  1.39%   
Kornit Digital financial indicator trend analysis is infinitely more than just investigating Kornit Digital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kornit Digital is a good investment. Please check the relationship between Kornit Digital Short Term Investments and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. 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 Kornit Stock please use our How to Invest in Kornit Digital guide.

Short Term Investments vs Common Stock Total Equity

Short Term Investments vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kornit Digital Short Term Investments account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kornit Digital's Short Term Investments and Common Stock Total Equity is 0.63. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Kornit Digital, assuming nothing else is changed. The correlation between historical values of Kornit Digital's Short Term Investments and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Kornit Digital are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Term Investments i.e., Kornit Digital's Short Term Investments and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Kornit Digital balance sheet. It contains any investments Kornit Digital undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Kornit Digital can easily liquidate in the marketplace.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Kornit Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kornit Digital 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 Kornit Digital. 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 Kornit Stock please use our How to Invest in Kornit Digital guide.At this time, Kornit Digital's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 29.1 M in 2025, whereas Enterprise Value Multiple is likely to drop (15.35) in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense13.4M236K271.4K257.8K
Depreciation And Amortization13.6M14.7M16.9M17.8M

Kornit Digital fundamental ratios Correlations

0.910.910.820.910.770.910.910.27-0.39-0.480.40.450.890.630.310.880.840.840.880.780.910.960.860.90.87
0.910.990.841.00.661.00.990.25-0.45-0.560.380.520.970.730.230.90.910.960.730.840.880.910.960.990.87
0.910.990.760.990.690.990.990.18-0.34-0.650.260.410.990.810.130.830.950.970.720.880.840.910.971.00.8
0.820.840.760.810.530.790.780.62-0.69-0.070.780.740.690.270.580.950.620.690.740.580.890.810.680.760.99
0.911.00.990.810.661.00.990.22-0.43-0.590.350.50.980.750.20.890.920.970.720.850.870.910.970.990.85
0.770.660.690.530.660.660.63-0.17-0.37-0.320.330.410.670.470.310.580.650.570.780.430.560.670.680.650.55
0.911.00.990.791.00.660.990.2-0.4-0.620.310.470.980.780.150.870.940.980.710.860.860.90.981.00.83
0.910.990.990.780.990.630.990.23-0.33-0.630.280.40.990.790.170.850.930.960.720.90.880.920.960.990.83
0.270.250.180.620.22-0.170.20.23-0.220.220.530.240.11-0.140.340.40.130.160.30.290.40.290.050.170.57
-0.39-0.45-0.34-0.69-0.43-0.37-0.4-0.33-0.22-0.34-0.85-1.0-0.250.15-0.68-0.72-0.1-0.29-0.320.07-0.46-0.36-0.35-0.35-0.64
-0.48-0.56-0.65-0.07-0.59-0.32-0.62-0.630.22-0.340.530.28-0.71-0.960.6-0.23-0.78-0.74-0.25-0.77-0.31-0.5-0.71-0.66-0.14
0.40.380.260.780.350.330.310.280.53-0.850.530.860.16-0.340.830.670.060.140.47-0.030.540.350.190.250.73
0.450.520.410.740.50.410.470.40.24-1.00.280.860.32-0.080.680.770.170.360.370.010.530.420.420.430.7
0.890.970.990.690.980.670.980.990.11-0.25-0.710.160.320.850.070.780.960.970.710.910.820.90.970.990.74
0.630.730.810.270.750.470.780.79-0.140.15-0.96-0.34-0.080.85-0.40.420.890.870.410.860.480.640.850.820.34
0.310.230.130.580.20.310.150.170.34-0.680.60.830.680.07-0.40.49-0.1-0.020.4-0.120.440.280.030.110.55
0.880.90.830.950.890.580.870.850.4-0.72-0.230.670.770.780.420.490.670.790.710.610.920.870.80.840.96
0.840.910.950.620.920.650.940.930.13-0.1-0.780.060.170.960.89-0.10.670.940.70.940.740.810.950.950.66
0.840.960.970.690.970.570.980.960.16-0.29-0.740.140.360.970.87-0.020.790.940.60.890.770.850.980.980.72
0.880.730.720.740.720.780.710.720.3-0.32-0.250.470.370.710.410.40.710.70.60.630.760.790.650.70.76
0.780.840.880.580.850.430.860.90.290.07-0.77-0.030.010.910.86-0.120.610.940.890.630.740.80.840.880.64
0.910.880.840.890.870.560.860.880.4-0.46-0.310.540.530.820.480.440.920.740.770.760.740.890.770.840.94
0.960.910.910.810.910.670.90.920.29-0.36-0.50.350.420.90.640.280.870.810.850.790.80.890.830.90.85
0.860.960.970.680.970.680.980.960.05-0.35-0.710.190.420.970.850.030.80.950.980.650.840.770.830.980.72
0.90.991.00.760.990.651.00.990.17-0.35-0.660.250.430.990.820.110.840.950.980.70.880.840.90.980.8
0.870.870.80.990.850.550.830.830.57-0.64-0.140.730.70.740.340.550.960.660.720.760.640.940.850.720.8
Click cells to compare fundamentals

Kornit Digital Account Relationship Matchups

Kornit Digital fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding42.3M48.6M49.8M49.2M56.5M39.5M
Total Assets629.0M1.0B957.7M865.6M995.4M1.0B
Other Current Liab22.7M34.7M39.8M35.9M41.3M43.4M
Total Current Liabilities89.6M98.1M65.4M50.1M57.6M48.8M
Total Stockholder Equity519.0M919.6M868.8M795.7M915.0M960.8M
Other Liab2.4M1.7M2.7M2.4M2.8M2.4M
Net Tangible Assets330.2M495.3M884.0M829.8M954.2M1.0B
Property Plant And Equipment Net50.3M70.2M87.6M74.7M85.9M90.2M
Current Deferred Revenue27.0M5.4M5.7M2.2M2.5M2.4M
Net Debt(103.1M)(584.6M)(78.6M)(16.0M)(14.4M)(15.1M)
Retained Earnings28.0M43.5M(35.6M)(99.9M)(89.9M)(85.4M)
Accounts Payable32.0M46.4M14.8M6.9M8.0M7.6M
Cash125.8M611.6M104.6M39.6M45.5M43.3M
Non Current Assets Total151.5M265.7M378.8M343.2M394.7M414.4M
Non Currrent Assets Other732K1.2M6.2M8.5M9.8M10.3M
Other Assets5.8M10.8M6.2M1.01.151.09
Cash And Short Term Investments364.3M648.8M400.0M332.5M382.4M212.3M
Net Receivables51.6M49.8M67.4M93.6M107.7M113.1M
Good Will5.6M16.5M25.4M29.2M33.5M35.2M
Short Term Investments238.5M37.3M295.4M292.9M336.8M353.7M
Liabilities And Stockholders Equity629.0M1.0B957.7M865.6M995.4M1.0B
Non Current Liabilities Total20.3M24.6M23.5M19.8M22.8M12.3M
Inventory52.5M63.0M89.4M67.7M77.9M43.9M
Other Current Assets9.2M27.1M22.1M28.5M32.8M34.5M
Other Stockholder Equity488.2M875.4M921.7M902.7M1.0B1.1B
Total Liab110.0M122.7M88.8M69.9M80.4M61.1M
Long Term Investments71.6M149.3M246.0M223.2M256.7M269.5M
Property Plant And Equipment Gross50.3M70.2M87.6M123.3M141.8M148.9M
Total Current Assets477.5M776.5M578.8M522.4M600.7M308.0M
Accumulated Other Comprehensive Income2.7M571K(17.4M)(7.2M)(6.5M)(6.2M)
Intangible Assets7.2M10.1M9.9M7.6M8.8M4.5M
Common Stock105K121K133K134K154.1K103.2K
Property Plant Equipment40.3M50.3M70.2M87.6M100.7M105.8M
Short Term Debt7.9M10.1M5.0M5.1M5.8M5.9M
Non Current Liabilities Other443K1.2M1.2M198K178.2K169.3K
Net Invested Capital519.0M919.6M868.8M795.7M915.0M592.6M
Net Working Capital387.9M678.5M513.5M472.3M543.1M382.1M

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Additional Tools for Kornit Stock Analysis

When running Kornit Digital's price analysis, check to measure Kornit Digital'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 Kornit Digital is operating at the current time. Most of Kornit Digital's value examination focuses on studying past and present price action to predict the probability of Kornit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kornit Digital's price. Additionally, you may evaluate how the addition of Kornit Digital to your portfolios can decrease your overall portfolio volatility.