Black Operating Income vs Gross Profit Analysis

BKI
 Stock
  

USD 65.86  0.16  0.24%   

Black Knight financial indicator trend analysis is way more than just evaluating Black Knight prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Knight is a good investment. Please check the relationship between Black Knight Operating Income and its Gross Profit accounts. Continue to Trending Equities.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Knight Operating Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Knight's Operating Income and Gross Profit is 0.86. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Black Knight, assuming nothing else is changed. The correlation between historical values of Black Knight's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Black Knight are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Black Knight's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Black Knight operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Black Knight is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Black Knight minus its cost of goods sold. It is profit before Black Knight operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.
Most indicators from Black Knight fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Knight 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. Continue to Trending Equities.Black Knight Issuance Repayment of Debt Securities is most likely to in the upcoming years. The last year's value of Issuance Repayment of Debt Securities was reported at 198.6 Million. The current Enterprise Value over EBITDA is estimated to increase to 24.23, while Net Loss Income from Discontinued Operations is projected to decrease to roughly 715.8 K.
 2019 2020 2021 2022 (projected)
Interest Expense63.5 M62.9 M83.6 M75.86 M
Gross Profit1.18 B1.24 B1.48 B1.42 B

Black Knight fundamental ratios Correlations

0.980.410.210.41-0.58-0.430.02-0.420.90.860.280.510.510.080.780.020.890.80.82-0.130.87
0.980.420.30.42-0.5-0.460.01-0.450.930.830.290.510.510.050.8-0.020.90.860.83-0.160.85
0.410.420.571.0-0.070.53-0.410.540.520.790.980.950.950.860.810.830.70.240.56-0.770.76
0.210.30.570.540.57-0.05-0.7-0.030.570.330.50.480.480.190.360.170.390.470.5-0.610.42
0.410.421.00.54-0.10.54-0.380.550.510.790.990.950.950.880.820.850.70.220.55-0.760.76
-0.58-0.5-0.070.57-0.10.04-0.40.06-0.28-0.51-0.04-0.19-0.19-0.18-0.47-0.15-0.43-0.27-0.38-0.06-0.48
-0.43-0.460.53-0.050.540.04-0.151.0-0.420.050.650.440.440.860.120.89-0.12-0.62-0.23-0.5-0.02
0.020.01-0.41-0.7-0.38-0.4-0.15-0.19-0.29-0.12-0.41-0.23-0.23-0.28-0.05-0.29-0.04-0.1-0.370.73-0.32
-0.42-0.450.54-0.030.550.061.0-0.19-0.410.060.660.440.440.860.120.89-0.12-0.61-0.22-0.52-0.01
0.90.930.520.570.51-0.28-0.42-0.29-0.410.810.380.570.570.10.780.040.870.920.91-0.390.88
0.860.830.790.330.79-0.510.05-0.120.060.810.70.840.840.550.940.490.950.610.79-0.460.97
0.280.290.980.50.99-0.040.65-0.410.660.380.70.90.90.920.730.90.610.10.46-0.760.67
0.510.510.950.480.95-0.190.44-0.230.440.570.840.91.00.810.880.770.740.330.57-0.710.79
0.510.510.950.480.95-0.190.44-0.230.440.570.840.91.00.810.880.770.740.330.57-0.710.79
0.080.050.860.190.88-0.180.86-0.280.860.10.550.920.810.810.581.00.38-0.180.25-0.720.5
0.780.80.810.360.82-0.470.12-0.050.120.780.940.730.880.880.580.530.930.640.75-0.530.9
0.02-0.020.830.170.85-0.150.89-0.290.890.040.490.90.770.771.00.530.31-0.240.2-0.710.44
0.890.90.70.390.7-0.43-0.12-0.04-0.120.870.950.610.740.740.380.930.310.740.8-0.320.91
0.80.860.240.470.22-0.27-0.62-0.1-0.610.920.610.10.330.33-0.180.64-0.240.740.81-0.20.67
0.820.830.560.50.55-0.38-0.23-0.37-0.220.910.790.460.570.570.250.750.20.80.81-0.50.89
-0.13-0.16-0.77-0.61-0.76-0.06-0.50.73-0.52-0.39-0.46-0.76-0.71-0.71-0.72-0.53-0.71-0.32-0.2-0.5-0.56
0.870.850.760.420.76-0.48-0.02-0.32-0.010.880.970.670.790.790.50.90.440.910.670.89-0.56
Click cells to compare fundamentals

Black Knight Account Relationship Matchups

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Pair Trading with Black Knight

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 Black Knight 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 Black Knight will appreciate offsetting losses from the drop in the long position's value.

Moving against Black Knight

0.59CTLPCantalope Fiscal Year End 1st of September 2022 PairCorr
The ability to find closely correlated positions to Black Knight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Knight 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 Black Knight - 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 Black Knight to buy it.
The correlation of Black Knight is a statistical measure of how it moves in relation to other equities. 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 Black Knight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Knight 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 Black Knight 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
Continue to Trending Equities. Note that the Black Knight information on this page should be used as a complementary analysis to other Black Knight's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Black Knight'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 Black Knight. If investors know Black 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 Black Knight 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 YOY
0.04
Market Capitalization
10.3 B
Quarterly Revenue Growth YOY
0.092
Return On Assets
0.0352
Return On Equity
0.17
The market value of Black Knight is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Knight's value that differs from its market value or its book value, called intrinsic value, which is Black Knight'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 Black Knight's market value can be influenced by many factors that don't directly affect Black Knight'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 Black Knight's value and its price as these two are different measures arrived at by different means. Investors typically determine Black Knight value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Knight'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.