KNOT Historical Balance Sheet
| KNOP Stock | USD 6.63 0.15 2.21% |
Trend analysis of KNOT Offshore Partners balance sheet accounts such as Total Current Liabilities of 146.8 M provides information on KNOT Offshore's total assets, liabilities, and equity, which is the actual value of KNOT Offshore Partners to its prevalent stockholders. By breaking down trends over time using KNOT Offshore balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining KNOT Offshore Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether KNOT Offshore Partners is a good buy for the upcoming year.
KNOT Offshore Inventory |
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About KNOT Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of KNOT Offshore Partners at a specified time, usually calculated after every quarter, six months, or one year. KNOT Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KNOT Offshore 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 KNOT currently owns. An asset can also be divided into two categories, current and non-current.
KNOT Offshore Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of KNOT Offshore assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in KNOT Offshore Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on KNOT Offshore balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KNOT Offshore Partners 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 accounts from KNOT Offshore's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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. At this time, KNOT Offshore's Short and Long Term Debt is relatively stable compared to the past year.
| 2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 1.1B | 958.9M | 906.0M | 874.2M | Total Assets | 1.7B | 1.6B | 1.6B | 1.5B |
KNOT Offshore balance sheet Correlations
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KNOT Offshore Account Relationship Matchups
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High Negative Relationship
KNOT Offshore balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 1.8B | 1.7B | 1.7B | 1.6B | 1.6B | 1.5B | |
| Short Long Term Debt Total | 1.0B | 969.9M | 1.1B | 958.9M | 906.0M | 874.2M | |
| Other Current Liab | 23.0M | 19.1M | 16.4M | 16.9M | 23.5M | 12.9M | |
| Total Current Liabilities | 213.9M | 116.0M | 390.0M | 127.6M | 287.1M | 146.8M | |
| Total Stockholder Equity | 631.1M | 599.1M | 566.3M | 607.5M | 611.1M | 426.0M | |
| Other Liab | 4.0M | 2.5M | 3.4M | 3.6M | 3.2M | 3.1M | |
| Property Plant And Equipment Net | 1.7B | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | |
| Current Deferred Revenue | 6.9M | 7.7M | 2.2M | 467K | 420.3K | 399.3K | |
| Net Debt | 979.3M | 907.6M | 1.0B | 895.0M | 839.1M | 831.8M | |
| Accounts Payable | 3.8M | 3.9M | 4.3M | 10.2M | 5.8M | 3.9M | |
| Cash | 52.6M | 62.3M | 47.6M | 63.9M | 66.9M | 42.4M | |
| Non Current Assets Total | 1.7B | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | |
| Non Currrent Assets Other | (1.7B) | 2.5M | (1.6B) | 4.4M | 8.1M | 8.6M | |
| Other Assets | 3.8M | 4.0M | 2.9M | 1.5M | 1.3M | 2.5M | |
| Long Term Debt | 846.2M | 878.5M | 686.6M | 857.8M | 986.5M | 757.2M | |
| Cash And Short Term Investments | 52.6M | 62.3M | 47.6M | 63.9M | 66.9M | 42.4M | |
| Net Receivables | 5.7M | 2.7M | 11.1M | 5.2M | 2.2M | 2.5M | |
| Liabilities And Stockholders Equity | 1.1B | 1.0B | 1.1B | 1.6B | 1.6B | 1.2B | |
| Non Current Liabilities Total | 868.8M | 888.3M | 691.7M | 861.4M | 673.9M | 772.4M | |
| Inventory | 2.7M | 3.3M | 5.8M | 3.7M | 3.3M | 2.4M | |
| Other Current Assets | 5.5M | 5.6M | 21.5M | 16.9M | 22.9M | 24.1M | |
| Other Stockholder Equity | 551.9M | (66.5M) | (73.9M) | (85.9M) | (98.8M) | (93.9M) | |
| Total Liab | 1.1B | 1.0B | 1.1B | 989.0M | 961.0M | 919.2M | |
| Property Plant And Equipment Gross | 1.7B | 1.6B | 1.6B | 2.4B | 2.8B | 1.5B | |
| Total Current Assets | 66.5M | 73.9M | 85.9M | 89.8M | 95.4M | 56.3M | |
| Short Term Debt | 185.5M | 89.9M | 371.2M | 99.9M | 257.8M | 270.7M | |
| 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 | 608.3M | 588.7M | 567.9M | 523.2M | 526.8M | 555.2M | |
| Net Tangible Assets | 621.1M | 607.6M | 588.6M | 567.9M | 653.1M | 593.5M | |
| Short Long Term Debt | 184.2M | 88.6M | 369.8M | 99.0M | 113.8M | 153.2M | |
| Net Invested Capital | 1.7B | 1.6B | 1.7B | 1.6B | 1.4B | 1.4B | |
| Net Working Capital | (147.5M) | (42.1M) | (304.1M) | (37.8M) | (34.0M) | (35.7M) |
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 against KNOT Stock
| 0.32 | SMC | Summit Midstream Symbol Change | PairCorr |
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.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.