Knightscope Net Income From Continuing Ops vs Net Income Analysis

KSCP Stock

USD 5.17 0.44 7.84%

Knightscope financial indicator trend analysis is infinitely more than just investigating Knightscope recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Knightscope is a good investment. Please check the relationship between Knightscope Net Income From Continuing Ops and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knightscope. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Knightscope Stock, please use our How to Invest in Knightscope guide.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knightscope Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Knightscope's Net Income From Continuing Ops and Net Income is 0.83. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Knightscope, assuming nothing else is changed. The correlation between historical values of Knightscope's Net Income From Continuing Ops and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Knightscope are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., Knightscope's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Knightscope financial statement analysis. It represents the amount of money remaining after all of Knightscope operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Knightscope's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Knightscope 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 Knightscope. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Knightscope Stock, please use our How to Invest in Knightscope guide.As of 09/20/2024, Tax Provision is likely to grow to 0.00, while Selling General Administrative is likely to drop slightly above 7.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.3M	9.2M	551K	523.5K
Depreciation And Amortization	1.6M	1.7M	2.4M	1.8M

Interest Expense Depreciation And Amortization

Knightscope fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.07	0.92	0.78	0.06	-0.95	0.63	0.94	-0.65	-0.96	0.78	0.61	0.78	-0.31	-0.97	0.98	0.61	0.95	0.76	0.56	-0.66	0.86	-0.25	0.88	0.7	-0.15
Short Long Term Debt Total	0.07		0.37	0.44	-0.66	-0.22	-0.58	0.05	0.19	0.05	0.31	0.37	-0.18	0.84	-0.11	0.04	0.37	-0.17	-0.35	0.58	-0.02	-0.01	-0.56	-0.18	0.49	-0.12
Other Current Liab	0.92	0.37		0.82	-0.03	-0.88	0.46	0.93	-0.36	-0.87	0.91	0.49	0.77	0.01	-0.9	0.86	0.49	0.84	0.68	0.57	-0.47	0.88	-0.53	0.81	0.71	0.05
Total Current Liabilities	0.78	0.44	0.82		-0.46	-0.84	0.27	0.7	-0.5	-0.75	0.82	0.67	0.44	0.01	-0.86	0.79	0.67	0.63	0.43	0.84	-0.69	0.58	-0.11	0.61	0.95	-0.33
Total Stockholder Equity	0.06	-0.66	-0.03	-0.46		0.13	0.67	0.2	0.14	-0.2	-0.06	-0.58	0.46	-0.56	0.04	-0.06	-0.58	0.26	0.59	-0.78	0.27	0.42	-0.25	0.42	-0.58	0.65
Net Tangible Assets	-0.95	-0.22	-0.88	-0.84	0.13		-0.49	-0.81	0.76	0.91	-0.68	-0.78	-0.57	0.25	0.97	-0.94	-0.78	-0.82	-0.63	-0.72	0.82	-0.75	0.21	-0.78	-0.85	0.38
Property Plant And Equipment Net	0.63	-0.58	0.46	0.27	0.67	-0.49		0.67	-0.41	-0.79	0.46	-0.06	0.74	-0.81	-0.62	0.55	-0.06	0.76	0.96	-0.16	-0.39	0.78	-0.03	0.89	0.14	0.26
Current Deferred Revenue	0.94	0.05	0.93	0.7	0.2	-0.81	0.67		-0.37	-0.91	0.9	0.32	0.94	-0.22	-0.88	0.89	0.32	0.96	0.83	0.37	-0.39	0.94	-0.38	0.91	0.53	0.17
Net Debt	-0.65	0.19	-0.36	-0.5	0.14	0.76	-0.41	-0.37		0.63	-0.12	-0.82	-0.15	0.58	0.7	-0.71	-0.82	-0.54	-0.37	-0.59	0.94	-0.3	-0.36	-0.47	-0.65	0.75
Retained Earnings	-0.96	0.05	-0.87	-0.75	-0.2	0.91	-0.79	-0.91	0.63		-0.77	-0.47	-0.78	0.47	0.97	-0.91	-0.47	-0.93	-0.89	-0.43	0.69	-0.91	0.22	-0.97	-0.66	0.06
Accounts Payable	0.78	0.31	0.91	0.82	-0.06	-0.68	0.46	0.9	-0.12	-0.77		0.24	0.8	0.05	-0.78	0.74	0.24	0.77	0.66	0.46	-0.27	0.82	-0.41	0.76	0.62	0.24
Cash	0.61	0.37	0.49	0.67	-0.58	-0.78	-0.06	0.32	-0.82	-0.47	0.24		0.01	-0.01	-0.65	0.68	1.0	0.38	0.03	0.9	-0.83	0.17	0.11	0.23	0.83	-0.83
Non Current Assets Total	0.78	-0.18	0.77	0.44	0.46	-0.57	0.74	0.94	-0.15	-0.78	0.8	0.01		-0.29	-0.69	0.73	0.01	0.91	0.86	0.04	-0.12	0.91	-0.37	0.86	0.21	0.44
Non Currrent Assets Other	-0.31	0.84	0.01	0.01	-0.56	0.25	-0.81	-0.22	0.58	0.47	0.05	-0.01	-0.29		0.34	-0.31	-0.01	-0.44	-0.63	0.22	0.47	-0.32	-0.47	-0.54	0.02	0.12
Other Assets	-0.97	-0.11	-0.9	-0.86	0.04	0.97	-0.62	-0.88	0.7	0.97	-0.78	-0.65	-0.69	0.34		-0.96	-0.65	-0.89	-0.75	-0.64	0.77	-0.83	0.17	-0.88	-0.81	0.24
Long Term Debt	0.98	0.04	0.86	0.79	-0.06	-0.94	0.55	0.89	-0.71	-0.91	0.74	0.68	0.73	-0.31	-0.96		0.68	0.93	0.67	0.64	-0.7	0.76	-0.08	0.8	0.73	-0.28
Cash And Short Term Investments	0.61	0.37	0.49	0.67	-0.58	-0.78	-0.06	0.32	-0.82	-0.47	0.24	1.0	0.01	-0.01	-0.65	0.68		0.38	0.03	0.9	-0.83	0.17	0.11	0.23	0.83	-0.83
Net Receivables	0.95	-0.17	0.84	0.63	0.26	-0.82	0.76	0.96	-0.54	-0.93	0.77	0.38	0.91	-0.44	-0.89	0.93	0.38		0.86	0.34	-0.5	0.89	-0.17	0.92	0.5	0.04
Common Stock Shares Outstanding	0.76	-0.35	0.68	0.43	0.59	-0.63	0.96	0.83	-0.37	-0.89	0.66	0.03	0.86	-0.63	-0.75	0.67	0.03	0.86		-0.02	-0.38	0.93	-0.25	0.97	0.27	0.31
Non Current Liabilities Total	0.56	0.58	0.57	0.84	-0.78	-0.72	-0.16	0.37	-0.59	-0.43	0.46	0.9	0.04	0.22	-0.64	0.64	0.9	0.34	-0.02		-0.71	0.17	0.07	0.2	0.93	-0.71
Capital Lease Obligations	-0.66	-0.02	-0.47	-0.69	0.27	0.82	-0.39	-0.39	0.94	0.69	-0.27	-0.83	-0.12	0.47	0.77	-0.7	-0.83	-0.5	-0.38	-0.71		-0.35	-0.25	-0.52	-0.82	0.73
Inventory	0.86	-0.01	0.88	0.58	0.42	-0.75	0.78	0.94	-0.3	-0.91	0.82	0.17	0.91	-0.32	-0.83	0.76	0.17	0.89	0.93	0.17	-0.35		-0.52	0.96	0.42	0.32
Other Current Assets	-0.25	-0.56	-0.53	-0.11	-0.25	0.21	-0.03	-0.38	-0.36	0.22	-0.41	0.11	-0.37	-0.47	0.17	-0.08	0.11	-0.17	-0.25	0.07	-0.25	-0.52		-0.28	-0.03	-0.55
Other Stockholder Equity	0.88	-0.18	0.81	0.61	0.42	-0.78	0.89	0.91	-0.47	-0.97	0.76	0.23	0.86	-0.54	-0.88	0.8	0.23	0.92	0.97	0.2	-0.52	0.96	-0.28		0.47	0.17
Total Liab	0.7	0.49	0.71	0.95	-0.58	-0.85	0.14	0.53	-0.65	-0.66	0.62	0.83	0.21	0.02	-0.81	0.73	0.83	0.5	0.27	0.93	-0.82	0.42	-0.03	0.47		-0.57
Net Invested Capital	-0.15	-0.12	0.05	-0.33	0.65	0.38	0.26	0.17	0.75	0.06	0.24	-0.83	0.44	0.12	0.24	-0.28	-0.83	0.04	0.31	-0.71	0.73	0.32	-0.55	0.17	-0.57

Click cells to compare fundamentals

Knightscope Account Relationship Matchups

Pair Trading with Knightscope

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 Knightscope 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 Knightscope will appreciate offsetting losses from the drop in the long position's value.

Moving against Knightscope Stock

0.63	NTGR	NETGEAR	Pair Corr
0.44	FKWL	Franklin Wireless Corp Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Knightscope could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Knightscope 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 Knightscope - 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 Knightscope to buy it.

The correlation of Knightscope 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 Knightscope moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Knightscope 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 Knightscope 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.

Pair Correlation Correlation Matching

Additional Tools for Knightscope Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Knightscope Net Income From Continuing Ops vs Net Income Analysis

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Net Income

Knightscope fundamental ratios Correlations

Knightscope Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Knightscope

Moving against Knightscope Stock

Additional Tools for Knightscope Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.98	Total Assets
Other Assets	+ 0.97	Net Tangible Assets
Other Assets	+ 0.97	Retained Earnings
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.96	Property Plant And Equipment Net

Other Stockholder Equity	- 0.97	Retained Earnings
Other Assets	- 0.97	Total Assets
Long Term Debt	- 0.96	Other Assets
Retained Earnings	- 0.96	Total Assets
Net Tangible Assets	- 0.95	Total Assets
Long Term Debt	- 0.94	Net Tangible Assets