Knowles Cor Stock Probability Of Bankruptcy

KN Stock  USD 19.23  0.51  2.58%   
Knowles Cor's odds of distress is less than 4% at this time. It is unlikely to undergo any financial distress in the next 24 months. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Knowles balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Knowles Cor Piotroski F Score and Knowles Cor Altman Z Score analysis.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
  
As of the 18th of December 2024, Market Cap is likely to grow to about 2 B. Also, Enterprise Value is likely to grow to about 2.1 B

Knowles Cor Company odds of distress Analysis

Knowles Cor's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Knowles Cor Probability Of Bankruptcy

    
  Less than 4%  
Most of Knowles Cor's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Knowles Cor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Knowles Cor probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Knowles Cor odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Knowles Cor financial health.
Is Electronic Equipment, Instruments & Components space 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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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
(0.98)
Earnings Share
0.51
Revenue Per Share
8.96
Quarterly Revenue Growth
0.318
Return On Assets
0.0329
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.

Knowles Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Knowles Cor is extremely important. It helps to project a fair market value of Knowles Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Knowles Cor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Knowles Cor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Knowles Cor's interrelated accounts and indicators.
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Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Knowles Cor has a Probability Of Bankruptcy of 4.0%. This is 90.11% lower than that of the Electronic Equipment, Instruments & Components sector and 90.28% lower than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 89.96% higher than that of the company.

Knowles Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Knowles Cor's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Knowles Cor could also be used in its relative valuation, which is a method of valuing Knowles Cor by comparing valuation metrics of similar companies.
Knowles Cor is currently under evaluation in probability of bankruptcy category among its peers.

Knowles Cor Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets0.02970.0017520.0869(0.36)0.04950.052
Asset Turnover0.530.520.460.50.650.59
Net Debt112.8M46.2M27.2M12.4M199.4M128.0M
Total Current Liabilities151.5M297.3M166.2M99.1M164.6M194.0M
Non Current Liabilities Total214.6M54.1M105.9M91.9M264.1M212.6M
Total Assets1.7B1.7B1.7B1.2B1.5B1.7B
Total Current Assets388.4M419.6M380.3M362.4M428.8M409.7M
Total Cash From Operating Activities123.9M128.1M182.1M86.3M122.7M102.2M

Knowles Cor ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Knowles Cor's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Knowles Cor's managers, analysts, and investors.
Environmental
Governance
Social

Knowles Fundamentals

About Knowles Cor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Knowles Cor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Knowles Cor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Knowles Cor based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Knowles Cor

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

Moving together with Knowles Stock

  0.77EBON Ebang InternationalPairCorr
  0.82EHGO Eshallgo Class APairCorr

Moving against Knowles Stock

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  0.78WBX Wallbox NVPairCorr
  0.77CDW CDW CorpPairCorr
  0.65INFN Infinera Sell-off TrendPairCorr
  0.6JNPR Juniper NetworksPairCorr
The ability to find closely correlated positions to Knowles Cor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Knowles Cor 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 Knowles Cor - 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 Knowles Cor to buy it.
The correlation of Knowles Cor 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 Knowles Cor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Knowles Cor 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 Knowles Cor 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
Check out Knowles Cor Piotroski F Score and Knowles Cor Altman Z Score analysis.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Electronic Equipment, Instruments & Components space 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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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
(0.98)
Earnings Share
0.51
Revenue Per Share
8.96
Quarterly Revenue Growth
0.318
Return On Assets
0.0329
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.