Kodiak Other Assets vs Other Current Liab Analysis
KGS Stock | 40.44 0.62 1.56% |
Kodiak Gas financial indicator trend analysis is infinitely more than just investigating Kodiak Gas Services, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kodiak Gas Services, is a good investment. Please check the relationship between Kodiak Gas Other Assets and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kodiak Gas Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Other Assets vs Other Current Liab
Other Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kodiak Gas' Other Assets and Other Current Liab is 0.69. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Kodiak Gas Services,, assuming nothing else is changed. The correlation between historical values of Kodiak Gas' Other Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Kodiak Gas Services, are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Kodiak Gas' Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Other Current Liab
Most indicators from Kodiak Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kodiak Gas Services, 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 Kodiak Gas Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Kodiak Gas' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 291.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 54.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 107.3M | 170.1M | 222.5M | 168.7M | Depreciation And Amortization | 160.0M | 174.5M | 182.9M | 182.3M |
Kodiak Gas fundamental ratios Correlations
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Kodiak Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Kodiak Stock Analysis
When running Kodiak Gas' price analysis, check to measure Kodiak Gas' 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 Kodiak Gas is operating at the current time. Most of Kodiak Gas' value examination focuses on studying past and present price action to predict the probability of Kodiak Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kodiak Gas' price. Additionally, you may evaluate how the addition of Kodiak Gas to your portfolios can decrease your overall portfolio volatility.