Kinder Quick Ratio from 2010 to 2024

KMI Stock  USD 28.27  0.20  0.71%   
Kinder Morgan's Quick Ratio is increasing with stable movements from year to year. Quick Ratio is estimated to finish at 0.38 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.27932419
Current Value
0.38
Quarterly Volatility
0.14497074
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kinder Morgan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kinder Morgan's main balance sheet or income statement drivers, such as Tax Provision of 546 M, Interest Expense of 1.1 B or Total Revenue of 10.9 B, as well as many indicators such as Price To Sales Ratio of 1.9, Dividend Yield of 0.0681 or PTB Ratio of 2.0. Kinder financial statements analysis is a perfect complement when working with Kinder Morgan Valuation or Volatility modules.
  
Check out the analysis of Kinder Morgan Correlation against competitors.
For more detail on how to invest in Kinder Stock please use our How to Invest in Kinder Morgan guide.

Latest Kinder Morgan's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Kinder Morgan over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Kinder Morgan's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kinder Morgan's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Kinder Quick Ratio Regression Statistics

Arithmetic Mean0.47
Geometric Mean0.44
Coefficient Of Variation30.95
Mean Deviation0.11
Median0.48
Standard Deviation0.14
Sample Variance0.02
Range0.5622
R-Value0.12
Mean Square Error0.02
R-Squared0.02
Significance0.66
Slope0
Total Sum of Squares0.29

Kinder Quick Ratio History

2024 0.38
2023 0.28
2022 0.46
2019 0.57
2018 0.71
2017 0.37

About Kinder Morgan Financial Statements

Investors use fundamental indicators, such as Kinder Morgan's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Kinder Morgan's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.28  0.38 

Currently Active Assets on Macroaxis

When determining whether Kinder Morgan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinder Morgan'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 Kinder Morgan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinder Morgan Stock:
Check out the analysis of Kinder Morgan Correlation against competitors.
For more detail on how to invest in Kinder Stock please use our How to Invest in Kinder Morgan guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil & Gas Storage & Transportation space 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 Kinder Morgan. If investors know Kinder 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 Kinder Morgan 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
0.181
Dividend Share
1.145
Earnings Share
1.13
Revenue Per Share
6.823
Quarterly Revenue Growth
(0.05)
The market value of Kinder Morgan is measured differently than its book value, which is the value of Kinder that is recorded on the company's balance sheet. Investors also form their own opinion of Kinder Morgan's value that differs from its market value or its book value, called intrinsic value, which is Kinder Morgan'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 Kinder Morgan's market value can be influenced by many factors that don't directly affect Kinder Morgan'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 Kinder Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinder Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinder Morgan'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.