| KTOS Stock | | | USD 27.09 0.14 0.52% |
Kratos Defense financial indicator trend analysis is infinitely more than just investigating Kratos Defense Security recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kratos Defense Security is a good investment. Please check the relationship between Kratos Defense Net Tangible Assets and its Accounts Payable accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kratos Defense Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kratos Defense Security Net Tangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Kratos Defense's Net Tangible Assets and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kratos Defense Security, assuming nothing else is changed. The correlation between historical values of Kratos Defense's Net Tangible Assets and Accounts Payable 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 Tangible Assets of Kratos Defense Security are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Kratos Defense's Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Accounts Payable
An accounting item on the balance sheet that represents Kratos Defense 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 Kratos Defense Security 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.
Most indicators from Kratos Defense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kratos Defense Security 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 Kratos Defense Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Kratos Defense's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 674.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 112.4
M in 2024.
Kratos Defense fundamental ratios Correlations
Click cells to compare fundamentals
Kratos Defense Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kratos Defense fundamental ratios Accounts
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Additional Tools for Kratos Stock Analysis
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