Knightscope Non Current Liabilities Total vs Long Term Debt 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 Non Current Liabilities Total and its Long Term Debt 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.

Non Current Liabilities Total vs Long Term Debt

Non Current Liabilities Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Knightscope Non Current Liabilities Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Knightscope's Non Current Liabilities Total and Long Term Debt is 0.64. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Knightscope, assuming nothing else is changed. The correlation between historical values of Knightscope's Non Current Liabilities Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Knightscope are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Knightscope's Non Current Liabilities Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Long Term Debt

Long-term debt is a debt that Knightscope has held for over one year. Long-term debt appears on Knightscope balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Knightscope balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Expense4.3M9.2M551K523.5K
Depreciation And Amortization1.6M1.7M2.4M1.8M

Knightscope fundamental ratios Correlations

0.070.920.780.06-0.950.630.94-0.65-0.960.780.610.78-0.31-0.970.980.610.950.760.56-0.660.86-0.250.880.7-0.15
0.070.370.44-0.66-0.22-0.580.050.190.050.310.37-0.180.84-0.110.040.37-0.17-0.350.58-0.02-0.01-0.56-0.180.49-0.12
0.920.370.82-0.03-0.880.460.93-0.36-0.870.910.490.770.01-0.90.860.490.840.680.57-0.470.88-0.530.810.710.05
0.780.440.82-0.46-0.840.270.7-0.5-0.750.820.670.440.01-0.860.790.670.630.430.84-0.690.58-0.110.610.95-0.33
0.06-0.66-0.03-0.460.130.670.20.14-0.2-0.06-0.580.46-0.560.04-0.06-0.580.260.59-0.780.270.42-0.250.42-0.580.65
-0.95-0.22-0.88-0.840.13-0.49-0.810.760.91-0.68-0.78-0.570.250.97-0.94-0.78-0.82-0.63-0.720.82-0.750.21-0.78-0.850.38
0.63-0.580.460.270.67-0.490.67-0.41-0.790.46-0.060.74-0.81-0.620.55-0.060.760.96-0.16-0.390.78-0.030.890.140.26
0.940.050.930.70.2-0.810.67-0.37-0.910.90.320.94-0.22-0.880.890.320.960.830.37-0.390.94-0.380.910.530.17
-0.650.19-0.36-0.50.140.76-0.41-0.370.63-0.12-0.82-0.150.580.7-0.71-0.82-0.54-0.37-0.590.94-0.3-0.36-0.47-0.650.75
-0.960.05-0.87-0.75-0.20.91-0.79-0.910.63-0.77-0.47-0.780.470.97-0.91-0.47-0.93-0.89-0.430.69-0.910.22-0.97-0.660.06
0.780.310.910.82-0.06-0.680.460.9-0.12-0.770.240.80.05-0.780.740.240.770.660.46-0.270.82-0.410.760.620.24
0.610.370.490.67-0.58-0.78-0.060.32-0.82-0.470.240.01-0.01-0.650.681.00.380.030.9-0.830.170.110.230.83-0.83
0.78-0.180.770.440.46-0.570.740.94-0.15-0.780.80.01-0.29-0.690.730.010.910.860.04-0.120.91-0.370.860.210.44
-0.310.840.010.01-0.560.25-0.81-0.220.580.470.05-0.01-0.290.34-0.31-0.01-0.44-0.630.220.47-0.32-0.47-0.540.020.12
-0.97-0.11-0.9-0.860.040.97-0.62-0.880.70.97-0.78-0.65-0.690.34-0.96-0.65-0.89-0.75-0.640.77-0.830.17-0.88-0.810.24
0.980.040.860.79-0.06-0.940.550.89-0.71-0.910.740.680.73-0.31-0.960.680.930.670.64-0.70.76-0.080.80.73-0.28
0.610.370.490.67-0.58-0.78-0.060.32-0.82-0.470.241.00.01-0.01-0.650.680.380.030.9-0.830.170.110.230.83-0.83
0.95-0.170.840.630.26-0.820.760.96-0.54-0.930.770.380.91-0.44-0.890.930.380.860.34-0.50.89-0.170.920.50.04
0.76-0.350.680.430.59-0.630.960.83-0.37-0.890.660.030.86-0.63-0.750.670.030.86-0.02-0.380.93-0.250.970.270.31
0.560.580.570.84-0.78-0.72-0.160.37-0.59-0.430.460.90.040.22-0.640.640.90.34-0.02-0.710.170.070.20.93-0.71
-0.66-0.02-0.47-0.690.270.82-0.39-0.390.940.69-0.27-0.83-0.120.470.77-0.7-0.83-0.5-0.38-0.71-0.35-0.25-0.52-0.820.73
0.86-0.010.880.580.42-0.750.780.94-0.3-0.910.820.170.91-0.32-0.830.760.170.890.930.17-0.35-0.520.960.420.32
-0.25-0.56-0.53-0.11-0.250.21-0.03-0.38-0.360.22-0.410.11-0.37-0.470.17-0.080.11-0.17-0.250.07-0.25-0.52-0.28-0.03-0.55
0.88-0.180.810.610.42-0.780.890.91-0.47-0.970.760.230.86-0.54-0.880.80.230.920.970.2-0.520.96-0.280.470.17
0.70.490.710.95-0.58-0.850.140.53-0.65-0.660.620.830.210.02-0.810.730.830.50.270.93-0.820.42-0.030.47-0.57
-0.15-0.120.05-0.330.650.380.260.170.750.060.24-0.830.440.120.24-0.28-0.830.040.31-0.710.730.32-0.550.17-0.57
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

  0.63NTGR NETGEARPairCorr
  0.44FKWL Franklin Wireless Corp Earnings Call This WeekPairCorr
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 CorrelationCorrelation 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.