Knight Return On Tangible Assets from 2010 to 2024
| KNX Stock | USD 47.07 0.17 0.36% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.03118575 | Current Value 0.0296 | Quarterly Volatility 0.03467203 |
Check Knight Transportation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knight main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.9 M, Interest Expense of 133.5 M or Selling General Administrative of 671.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0176 or PTB Ratio of 1.25. Knight financial statements analysis is a perfect complement when working with Knight Transportation Valuation or Volatility modules.
Knight | Return On Tangible Assets |
Latest Knight Transportation's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Knight Transportation over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Knight Transportation's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Knight Transportation's overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
Knight Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.1 | |
| Geometric Mean | 0.09 | |
| Coefficient Of Variation | 35.73 | |
| Mean Deviation | 0.03 | |
| Median | 0.1 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1148 | |
| R-Value | (0.25) | |
| Mean Square Error | 0 | |
| R-Squared | 0.06 | |
| Significance | 0.36 | |
| Slope | (0) | |
| Total Sum of Squares | 0.02 |
Knight Return On Tangible Assets History
About Knight Transportation Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Knight Transportation income statement, its balance sheet, and the statement of cash flows. Knight Transportation investors use historical funamental indicators, such as Knight Transportation's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Knight Transportation investors may use each financial statement separately, they are all related. The changes in Knight Transportation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Knight Transportation's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Knight Transportation Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Knight Transportation. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 |
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Complementary Tools for Knight Stock analysis
When running Knight Transportation's price analysis, check to measure Knight Transportation'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 Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.
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Is Knight Transportation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Knight Transportation. If investors know Knight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Knight Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.58 | Earnings Share 0.68 | Revenue Per Share 45.416 | Quarterly Revenue Growth 0.113 |
The market value of Knight Transportation is measured differently than its book value, which is the value of Knight that is recorded on the company's balance sheet. Investors also form their own opinion of Knight Transportation's value that differs from its market value or its book value, called intrinsic value, which is Knight Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Knight Transportation's market value can be influenced by many factors that don't directly affect Knight Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Knight Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knight Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knight Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.