Knight Historical Balance Sheet

KNX Stock  USD 57.62  1.41  2.51%   
Trend analysis of Knight Transportation balance sheet accounts such as Total Current Liabilities of 1.9 B provides information on Knight Transportation's total assets, liabilities, and equity, which is the actual value of Knight Transportation to its prevalent stockholders. By breaking down trends over time using Knight Transportation 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Knight Transportation 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 Knight Transportation is a good buy for the upcoming year.

Knight Transportation Inventory

412.54 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knight Transportation. 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 Knight Stock please use our How to Invest in Knight Transportation guide.

About Knight Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Knight Transportation at a specified time, usually calculated after every quarter, six months, or one year. Knight Transportation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Knight Transportation 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 Knight currently owns. An asset can also be divided into two categories, current and non-current.

Knight Transportation Balance Sheet Chart

At this time, Knight Transportation's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 160.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 92.4 M in 2024.

Total Assets

Total assets refers to the total amount of Knight Transportation 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 Knight Transportation 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 Knight Transportation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Knight Transportation 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.

Accounts Payable

An accounting item on the balance sheet that represents Knight Transportation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Knight Transportation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on Knight Transportation Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Knight Transportation Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Knight Transportation shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.
Most accounts from Knight Transportation's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Knight Transportation 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 Knight Transportation. 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 Knight Stock please use our How to Invest in Knight Transportation guide.At this time, Knight Transportation's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 160.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 92.4 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.2B2.1B2.7B2.8B
Total Assets10.7B11.0B12.9B13.5B

Knight Transportation balance sheet Correlations

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Click cells to compare fundamentals

Knight Transportation Account Relationship Matchups

Knight Transportation balance sheet Accounts

201920202021202220232024 (projected)
Total Assets8.3B8.5B10.7B11.0B12.9B13.5B
Short Long Term Debt Total1.1B817.1M2.2B2.1B2.7B2.8B
Other Current Liab436.1M424.7M764.6M564.7M865.4M908.7M
Total Current Liabilities993.0M839.7M1.1B894.0M1.8B1.9B
Total Stockholder Equity5.7B5.9B6.5B6.9B7.1B7.4B
Property Plant And Equipment Net3.0B3.1B3.7B4.0B5.1B5.4B
Net Debt935.3M660.4M2.0B1.9B2.2B2.3B
Retained Earnings1.4B1.6B2.2B2.6B2.7B2.8B
Accounts Payable99.2M101.0M224.8M220.8M355.2M372.9M
Cash159.7M156.7M261.0M196.8M465.8M489.1M
Non Current Assets Total7.4B7.5B9.2B9.5B11.2B11.7B
Non Currrent Assets Other(113.9M)(130.7M)(133.9M)(162.5M)152.9M160.5M
Cash And Short Term Investments159.7M156.7M261.0M196.8M466.4M489.7M
Net Receivables548.3M593.0M937.0M858.2M966.7M1.0B
Common Stock Total Equity1.7M1.7M1.7M1.6M1.8M1.9M
Common Stock Shares Outstanding172.1M170.5M167.1M163.2M161.8M92.4M
Liabilities And Stockholders Equity8.3B8.5B10.7B11.0B12.9B13.5B
Non Current Liabilities Total1.6B1.8B3.0B3.1B3.9B4.1B
Inventory154.2M149.7M191.8M341.7M392.9M412.5M
Other Current Assets27.8M173.6M219.0M438.6M276.0M289.8M
Other Stockholder Equity4.3B4.3B4.4B4.4B4.4B4.6B
Total Liab2.6B2.6B4.1B4.0B5.8B6.1B
Property Plant And Equipment Gross3.0B3.1B5.1B5.7B7.2B7.6B
Total Current Assets890.0M923.4M1.4B1.5B1.7B1.8B
Accumulated Other Comprehensive Income(693.1M)0.0(563K)(2.4M)(830K)(871.5K)
Short Term Debt457.8M314.0M85.3M108.4M604.7M634.9M
Common Stock1.7M1.7M1.7M1.6M1.6M886.9K
Other Assets42.2M126.5M192.1M134.8M155.0M162.8M
Long Term Debt279M508.9M1.3B1.5B1.8B1.9B
Property Plant Equipment2.9B3.0B3.7B4.0B4.6B4.9B
Good Will2.9B2.9B3.5B3.5B3.8B4.0B
Intangible Assets1.4B1.4B1.8B1.8B2.1B2.2B
Short Term Investments8.9M9.0M5.9M7.2M530K503.5K
Other Liab983.1M1.0B1.1B1.1B1.3B1.4B
Net Tangible Assets1.4B1.6B1.2B1.6B1.9B2.0B
Noncontrolling Interest In Consolidated Entity2.1M2.2M10.3M10.3M11.8M12.4M
Retained Earnings Total Equity1.4B1.6B2.2B2.6B2.9B3.1B
Long Term Debt Total279M508.9M1.8B1.8B1.6B834.8M

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Additional 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.