KNOT Offshore Price To Sales vs. Return On Asset
| KNOP Stock | USD 5.37 0.04 0.74% |
KNOT Offshore Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.47 | 0.2784 |
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| Operating Profit Margin | 0.0821 | 0.0865 |
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For KNOT Offshore profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KNOT Offshore to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KNOT Offshore Partners utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KNOT Offshore's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KNOT Offshore Partners over time as well as its relative position and ranking within its peers.
KNOT |
KNOT Offshore's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Oil & Gas Storage & Transportation 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 KNOT Offshore. If investors know KNOT 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 KNOT Offshore 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 (0.21) | Earnings Share (0.61) | Revenue Per Share 8.478 | Quarterly Revenue Growth 0.027 | Return On Assets 0.0298 |
The market value of KNOT Offshore Partners is measured differently than its book value, which is the value of KNOT that is recorded on the company's balance sheet. Investors also form their own opinion of KNOT Offshore's value that differs from its market value or its book value, called intrinsic value, which is KNOT Offshore'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 KNOT Offshore's market value can be influenced by many factors that don't directly affect KNOT Offshore'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 KNOT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if KNOT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KNOT Offshore'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.
KNOT Offshore Partners Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KNOT Offshore's current stock value. Our valuation model uses many indicators to compare KNOT Offshore value to that of its competitors to determine the firm's financial worth. KNOT Offshore Partners is rated fifth overall in price to sales category among its peers. It is rated below average in return on asset category among its peers reporting about 0.05 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for KNOT Offshore Partners is roughly 21.42 . At this time, KNOT Offshore's Price To Sales Ratio is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value KNOT Offshore by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.KNOT Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
KNOT Offshore |
| = | 0.64 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
KNOT Offshore |
| = | 0.0298 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
KNOT Return On Asset Comparison
KNOT Offshore is currently under evaluation in return on asset category among its peers.
KNOT Offshore Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KNOT Offshore, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KNOT Offshore will eventually generate negative long term returns. The profitability progress is the general direction of KNOT Offshore's change in net profit over the period of time. It can combine multiple indicators of KNOT Offshore, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -406.4 M | -386.1 M | |
| Operating Income | 25.1 M | 23.9 M | |
| Income Before Tax | -38.9 M | -37 M | |
| Total Other Income Expense Net | -64.1 M | -60.9 M | |
| Net Loss | -34.3 M | -32.6 M | |
| Income Tax Expense | -4.6 M | -4.4 M | |
| Net Income Applicable To Common Shares | 54 M | 48.7 M | |
| Net Loss | -23 M | -21.9 M | |
| Interest Income | 2.9 M | 2.9 M | |
| Net Interest Income | -66.9 M | -63.6 M | |
| Change To Netincome | -50 M | -47.5 M | |
| Net Loss | (1.00) | (0.95) | |
| Income Quality | (3.83) | (3.64) | |
| Net Income Per E B T | 0.88 | 0.76 |
KNOT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KNOT Offshore. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of KNOT Offshore position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the KNOT Offshore's important profitability drivers and their relationship over time.
Use KNOT Offshore in pair-trading
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 KNOT Offshore 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 KNOT Offshore will appreciate offsetting losses from the drop in the long position's value.KNOT Offshore Pair Trading
KNOT Offshore Partners Pair Trading Analysis
The ability to find closely correlated positions to KNOT Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOT Offshore 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 KNOT Offshore - 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 KNOT Offshore Partners to buy it.
The correlation of KNOT Offshore 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 KNOT Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOT Offshore Partners 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 KNOT Offshore 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.Use Investing Themes to Complement your KNOT Offshore position
In addition to having KNOT Offshore in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for KNOT Stock Analysis
When running KNOT Offshore's price analysis, check to measure KNOT Offshore'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 KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.