Kodiak Other Current Liab vs Total Assets 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 Other Current Liab and its Total Assets 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 Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kodiak Gas' Other Current Liab and Total Assets is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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 Current Liab and Total Assets 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 Current Liab of Kodiak Gas Services, are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Kodiak Gas' Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Assets

Total assets refers to the total amount of Kodiak Gas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kodiak Gas Services, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, 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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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.