Kodiak Accounts Payable vs Non Current Assets Total Analysis

KGS Stock   31.81  0.09  0.28%   
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 Accounts Payable and its Non Current Assets Total 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.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kodiak Gas' Accounts Payable and Non Current Assets Total is 0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total 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' Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kodiak Gas Services, are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Kodiak Gas' Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Kodiak Gas 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 Kodiak Gas Services, 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Expense107.3M170.1M222.5M168.7M
Depreciation And Amortization160.0M174.5M182.9M182.3M

Kodiak Gas fundamental ratios Correlations

0.020.73-0.260.43-0.19-0.710.680.570.040.320.37-0.920.990.20.49-0.920.63-0.80.720.30.60.990.070.460.6
0.020.34-0.52-0.75-0.4-0.680.530.491.00.60.65-0.29-0.08-0.90.48-0.290.41-0.260.310.670.610.05-1.00.760.51
0.730.34-0.06-0.170.09-0.760.380.380.360.250.28-0.630.71-0.320.42-0.630.48-0.330.240.270.580.63-0.290.810.48
-0.26-0.52-0.06-0.10.990.65-0.82-0.93-0.53-0.97-0.970.6-0.110.44-0.910.6-0.870.6-0.55-0.96-0.84-0.310.5-0.13-0.89
0.43-0.75-0.17-0.1-0.20.160.150.17-0.740.0-0.03-0.320.450.810.12-0.320.22-0.380.28-0.09-0.010.450.79-0.610.12
-0.19-0.40.090.99-0.20.52-0.77-0.88-0.41-0.92-0.920.53-0.050.32-0.850.53-0.820.58-0.53-0.91-0.75-0.260.380.03-0.83
-0.71-0.68-0.760.650.160.52-0.85-0.84-0.7-0.76-0.810.86-0.610.54-0.810.86-0.850.7-0.64-0.78-0.94-0.690.62-0.78-0.88
0.680.530.38-0.820.15-0.77-0.850.910.540.810.88-0.910.58-0.250.82-0.910.87-0.920.890.830.870.75-0.450.450.9
0.570.490.38-0.930.17-0.88-0.840.910.50.960.97-0.820.43-0.380.98-0.820.99-0.740.650.950.960.59-0.440.330.99
0.041.00.36-0.53-0.74-0.41-0.70.540.50.610.66-0.31-0.06-0.90.5-0.310.43-0.270.310.680.620.06-0.990.770.53
0.320.60.25-0.970.0-0.92-0.760.810.960.610.99-0.630.16-0.570.97-0.630.93-0.550.480.990.930.34-0.570.280.95
0.370.650.28-0.97-0.03-0.92-0.810.880.970.660.99-0.690.23-0.560.96-0.690.93-0.630.581.00.940.41-0.610.360.96
-0.92-0.29-0.630.6-0.320.530.86-0.91-0.82-0.31-0.63-0.69-0.850.05-0.741.0-0.850.92-0.84-0.63-0.82-0.940.2-0.49-0.84
0.99-0.080.71-0.110.45-0.05-0.610.580.43-0.060.160.23-0.850.310.34-0.850.5-0.750.670.150.460.970.170.420.47
0.2-0.9-0.320.440.810.320.54-0.25-0.38-0.9-0.57-0.560.050.31-0.470.05-0.35-0.10.09-0.62-0.540.230.92-0.62-0.43
0.490.480.42-0.910.12-0.85-0.810.820.980.50.970.96-0.740.34-0.47-0.740.98-0.590.480.950.970.48-0.450.310.98
-0.92-0.29-0.630.6-0.320.530.86-0.91-0.82-0.31-0.63-0.691.0-0.850.05-0.74-0.850.92-0.84-0.63-0.82-0.940.2-0.49-0.84
0.630.410.48-0.870.22-0.82-0.850.870.990.430.930.93-0.850.5-0.350.98-0.85-0.710.60.90.970.63-0.360.340.99
-0.8-0.26-0.330.6-0.380.580.7-0.92-0.74-0.27-0.55-0.630.92-0.75-0.1-0.590.92-0.71-0.98-0.56-0.66-0.880.17-0.34-0.71
0.720.310.24-0.550.28-0.53-0.640.890.650.310.480.58-0.840.670.090.48-0.840.6-0.980.50.570.81-0.220.350.62
0.30.670.27-0.96-0.09-0.91-0.780.830.950.680.991.0-0.630.15-0.620.95-0.630.9-0.560.50.930.33-0.650.350.94
0.60.610.58-0.84-0.01-0.75-0.940.870.960.620.930.94-0.820.46-0.540.97-0.820.97-0.660.570.930.59-0.560.540.99
0.990.050.63-0.310.45-0.26-0.690.750.590.060.340.41-0.940.970.230.48-0.940.63-0.880.810.330.590.050.420.61
0.07-1.0-0.290.50.790.380.62-0.45-0.44-0.99-0.57-0.610.20.170.92-0.450.2-0.360.17-0.22-0.65-0.560.05-0.72-0.46
0.460.760.81-0.13-0.610.03-0.780.450.330.770.280.36-0.490.42-0.620.31-0.490.34-0.340.350.350.540.42-0.720.41
0.60.510.48-0.890.12-0.83-0.880.90.990.530.950.96-0.840.47-0.430.98-0.840.99-0.710.620.940.990.61-0.460.41
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Kodiak Gas Account Relationship Matchups

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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.