Nkarta Cost Of Revenue vs Selling General Administrative Analysis

NKTX Stock  USD 2.87  0.12  4.01%   
Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Cost Of Revenue and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nkarta Inc Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nkarta's Cost Of Revenue and Selling General Administrative is 0.94. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Nkarta Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Nkarta's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Nkarta Inc income statement and represents the costs associated with goods and services Nkarta provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling General Administrative

Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc 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 Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 42.97 in 2024, whereas Selling General Administrative is likely to drop slightly above 20 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.8M2.6M5.9M6.2M
Interest Income370K5.6M13.5M14.2M

Nkarta fundamental ratios Correlations

0.960.90.99-0.940.950.830.27-0.880.710.770.850.960.880.990.60.930.920.650.94-0.860.940.990.720.990.99
0.960.880.93-0.910.890.840.42-0.870.660.60.870.960.710.930.560.890.870.710.9-0.790.960.950.760.930.93
0.90.880.82-0.910.880.910.53-0.930.870.510.910.890.680.830.430.910.950.860.91-0.820.810.930.910.820.83
0.990.930.82-0.910.940.760.16-0.830.630.830.780.950.911.00.610.90.860.530.91-0.820.940.970.61.01.0
-0.94-0.91-0.91-0.91-0.94-0.84-0.30.92-0.83-0.75-0.86-0.96-0.8-0.93-0.61-0.94-0.96-0.68-0.950.93-0.93-0.94-0.74-0.91-0.93
0.950.890.880.94-0.940.90.37-0.950.830.740.910.920.860.930.40.990.880.60.99-0.80.870.960.670.940.94
0.830.840.910.76-0.840.90.73-0.970.910.41.00.80.590.750.190.950.830.810.94-0.670.740.850.850.760.76
0.270.420.530.16-0.30.370.73-0.60.6-0.320.710.28-0.10.14-0.340.50.320.70.46-0.090.230.340.680.160.15
-0.88-0.87-0.93-0.830.92-0.95-0.97-0.6-0.91-0.54-0.98-0.89-0.68-0.82-0.27-0.99-0.88-0.73-0.980.75-0.82-0.92-0.79-0.83-0.83
0.710.660.870.63-0.830.830.910.6-0.910.450.90.690.590.650.220.880.850.790.87-0.750.590.740.820.630.66
0.770.60.510.83-0.750.740.4-0.32-0.540.450.430.710.940.850.710.650.690.170.67-0.80.710.70.240.830.85
0.850.870.910.78-0.860.911.00.71-0.980.90.430.830.610.780.220.960.840.80.95-0.690.770.870.840.780.78
0.960.960.890.95-0.960.920.80.28-0.890.690.710.830.780.950.590.910.890.610.92-0.840.980.970.680.950.95
0.880.710.680.91-0.80.860.59-0.1-0.680.590.940.610.780.920.60.780.790.370.79-0.80.740.840.440.910.92
0.990.930.831.0-0.930.930.750.14-0.820.650.850.780.950.920.660.890.890.560.91-0.870.940.960.621.01.0
0.60.560.430.61-0.610.40.19-0.34-0.270.220.710.220.590.60.660.350.650.360.37-0.80.630.510.380.610.66
0.930.890.910.9-0.940.990.950.5-0.990.880.650.960.910.780.890.350.890.681.0-0.780.860.950.740.90.9
0.920.870.950.86-0.960.880.830.32-0.880.850.690.840.890.790.890.650.890.810.89-0.960.840.910.850.860.89
0.650.710.860.53-0.680.60.810.7-0.730.790.170.80.610.370.560.360.680.810.66-0.670.540.660.990.530.56
0.940.90.910.91-0.950.990.940.46-0.980.870.670.950.920.790.910.371.00.890.66-0.790.880.950.730.910.91
-0.86-0.79-0.82-0.820.93-0.8-0.67-0.090.75-0.75-0.8-0.69-0.84-0.8-0.87-0.8-0.78-0.96-0.67-0.79-0.81-0.82-0.72-0.82-0.87
0.940.960.810.94-0.930.870.740.23-0.820.590.710.770.980.740.940.630.860.840.540.88-0.810.930.610.940.94
0.990.950.930.97-0.940.960.850.34-0.920.740.70.870.970.840.960.510.950.910.660.95-0.820.930.730.970.96
0.720.760.910.6-0.740.670.850.68-0.790.820.240.840.680.440.620.380.740.850.990.73-0.720.610.730.60.63
0.990.930.821.0-0.910.940.760.16-0.830.630.830.780.950.911.00.610.90.860.530.91-0.820.940.970.61.0
0.990.930.831.0-0.930.940.760.15-0.830.660.850.780.950.921.00.660.90.890.560.91-0.870.940.960.631.0
Click cells to compare fundamentals

Nkarta Account Relationship Matchups

Nkarta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.4M337.7M273.9M472.9M378.9M278.9M
Other Current Liab2.1M4.9M6.9M11.8M7.5M6.4M
Total Current Liabilities8.2M7.5M10.5M17.8M23.3M12.7M
Total Stockholder Equity(25.5M)321.2M251.0M372.2M273.3M217.6M
Net Tangible Assets(25.5M)321.2M251.0M372.2M428.0M449.4M
Property Plant And Equipment Net10.2M17.9M24.5M107.7M119.3M125.2M
Net Debt(13.3M)(87.8M)(48.4M)49.7M57.3M60.2M
Retained Earnings(26.7M)(118.0M)(204.1M)(317.9M)(435.4M)(413.7M)
Accounts Payable1.9M1.2M1.1M1.8M3.7M3.8M
Cash20.6M96.7M60.8M37.5M31.0M46.7M
Non Current Assets Total10.9M22.3M33.7M118.1M125.8M132.1M
Non Currrent Assets Other455.1K4.1M7.1M7.7M6.5M4.7M
Other Assets723K9.5M3.6M4.6M5.3M4.1M
Cash And Short Term Investments37.0M315.3M240.2M354.9M248.2M220.6M
Common Stock Shares Outstanding32.5M31.8M32.9M43.6M49.0M35.7M
Short Term Investments16.4M218.2M177.3M314.6M217.1M173.0M
Liabilities And Stockholders Equity48.4M337.7M273.9M472.9M378.9M278.9M
Non Current Liabilities Total65.7M8.9M12.5M82.9M82.3M48.6M
Capital Surpluse1.2M439.2M455.2M690.8M794.4M834.2M
Capital Lease Obligations7.3M8.9M12.5M82.9M88.3M92.8M
Other Current Assets66.5K3.9M7.7M8.5M4.9M4.6M
Other Stockholder Equity1.1M439.2M455.2M690.8M708.7M420.8M
Total Liab73.9M16.4M22.9M100.7M105.6M61.3M
Net Invested Capital(25.5M)321.2M251.0M372.2M273.3M217.6M
Total Current Assets37.5M315.3M240.2M354.9M253.1M221.7M
Accumulated Other Comprehensive Income(2.1K)3K(150K)(679K)8K8.4K
Non Current Liabilities Other89.2K82K10.0M78.7M90.5M95.0M
Net Working Capital29.3M310.0M229.7M338.6M229.7M209.6M
Property Plant Equipment10.2M17.9M12.9M61.9M71.2M74.8M

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