Knight Transportation Stock Total Debt

KNX Stock  USD 47.07  0.17  0.36%   
Knight Transportation fundamentals help investors to digest information that contributes to Knight Transportation's financial success or failures. It also enables traders to predict the movement of Knight Stock. The fundamental analysis module provides a way to measure Knight Transportation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Knight Transportation stock.
Total Debt To Capitalization is likely to drop to 0.16 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Knight Transportation Company Total Debt Analysis

Knight Transportation's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Knight Transportation Total Debt

    
  2.67 B  
Most of Knight Transportation's fundamental indicators, such as Total Debt, 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, Knight Transportation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Knight Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for Knight Transportation is extremely important. It helps to project a fair market value of Knight Stock properly, considering its historical fundamentals such as Total Debt. Since Knight Transportation'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 Knight Transportation'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 Knight Transportation's interrelated accounts and indicators.
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Knight Total Debt Historical Pattern

Today, most investors in Knight Transportation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Knight Transportation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Knight Transportation total debt as a starting point in their analysis.
   Knight Transportation Total Debt   
       Timeline  
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Knight Short Long Term Debt Total

Short Long Term Debt Total

2.81 Billion

At this time, Knight Transportation's Short and Long Term Debt Total is fairly stable compared to the past year.
Based on the latest financial disclosure, Knight Transportation has a Total Debt of 2.67 B. This is 37.69% higher than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The total debt for all United States stocks is 49.72% higher than that of the company.

Knight Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Knight Transportation's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Knight Transportation could also be used in its relative valuation, which is a method of valuing Knight Transportation by comparing valuation metrics of similar companies.
Knight Transportation is currently under evaluation in total debt category among related companies.

Knight Transportation Institutional Holders

Institutional Holdings refers to the ownership stake in Knight Transportation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Knight Transportation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Knight Transportation's value.
Shares
Geode Capital Management, Llc2023-12-31
2.5 M
Jpmorgan Chase & Co2023-12-31
2.5 M
Alliancebernstein L.p.2023-12-31
1.9 M
Anomaly Capital Management, Lp2023-12-31
1.9 M
Ensign Peak Advisors Inc2023-12-31
1.8 M
Bank Of New York Mellon Corp2023-12-31
1.6 M
Ceredex Value Advisors Llc2023-12-31
1.6 M
Steadfast Capital Management Llc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
1.3 M
Blackrock Inc2023-12-31
16 M
Wellington Management Company Llp2023-12-31
15.7 M

Knight Fundamentals

About Knight Transportation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Knight Transportation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Knight Transportation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Knight Transportation 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.

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When determining whether Knight Transportation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Knight Transportation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Knight Transportation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Knight Transportation Stock:
Check out Knight Transportation Piotroski F Score and Knight Transportation Altman Z Score analysis.
For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Knight Transportation's price analysis, check to measure Knight Transportation'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 Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.
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Is Knight Transportation's industry 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 Knight Transportation. If investors know Knight 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 Knight Transportation 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
(0.69)
Dividend Share
0.58
Earnings Share
0.68
Revenue Per Share
45.416
Quarterly Revenue Growth
0.113
The market value of Knight Transportation is measured differently than its book value, which is the value of Knight that is recorded on the company's balance sheet. Investors also form their own opinion of Knight Transportation's value that differs from its market value or its book value, called intrinsic value, which is Knight Transportation'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 Knight Transportation's market value can be influenced by many factors that don't directly affect Knight Transportation'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 Knight Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knight Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knight Transportation'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.