Kodiak Income Before Tax from 2010 to 2024

KOD Stock  USD 6.43  0.24  3.88%   
Kodiak Sciences' Income Before Tax is decreasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is projected to go to about -247.5 M this year. During the period from 2010 to 2024 Kodiak Sciences Income Before Tax annual values regression line had coefficient of variation of (118.37) and r-squared of  0.69. View All Fundamentals
 
Income Before Tax  
First Reported
2016-12-31
Previous Quarter
-45.1 M
Current Value
-43.9 M
Quarterly Volatility
29.6 M
 
Covid
Check Kodiak Sciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kodiak Sciences' main balance sheet or income statement drivers, such as Net Interest Income of 17.6 M, Interest Income of 17.6 M or Depreciation And Amortization of 19.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.63. Kodiak financial statements analysis is a perfect complement when working with Kodiak Sciences Valuation or Volatility modules.
  
Check out the analysis of Kodiak Sciences Correlation against competitors.
For information on how to trade Kodiak Stock refer to our How to Trade Kodiak Stock guide.

Latest Kodiak Sciences' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Kodiak Sciences over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Kodiak Sciences income statement and is an important metric when analyzing Kodiak Sciences profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Kodiak Sciences' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kodiak Sciences' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Kodiak Income Before Tax Regression Statistics

Arithmetic Mean(98,568,963)
Coefficient Of Variation(118.37)
Mean Deviation99,869,551
Median(27,936,000)
Standard Deviation116,677,064
Sample Variance13613.5T
Range316.7M
R-Value(0.83)
Mean Square Error4478.2T
R-Squared0.69
Significance0.0001
Slope(21,743,040)
Total Sum of Squares190589.5T

Kodiak Income Before Tax History

2024-247.5 M
2023-260.5 M
2022-333.8 M
2021-267 M
2020-133.1 M
2019-47.4 M
2018-41.4 M

About Kodiak Sciences Financial Statements

Kodiak Sciences stakeholders use historical fundamental indicators, such as Kodiak Sciences' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Kodiak Sciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kodiak Sciences' assets and liabilities are reflected in the revenues and expenses on Kodiak Sciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kodiak Sciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-260.5 M-247.5 M

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When determining whether Kodiak Sciences is a strong investment it is important to analyze Kodiak Sciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kodiak Sciences' future performance. For an informed investment choice regarding Kodiak Stock, refer to the following important reports:
Check out the analysis of Kodiak Sciences Correlation against competitors.
For information on how to trade Kodiak Stock refer to our How to Trade Kodiak Stock guide.
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Is Biotechnology 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 Kodiak Sciences. If investors know Kodiak 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 Kodiak Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.64)
Return On Assets
(0.27)
Return On Equity
(0.71)
The market value of Kodiak Sciences is measured differently than its book value, which is the value of Kodiak that is recorded on the company's balance sheet. Investors also form their own opinion of Kodiak Sciences' value that differs from its market value or its book value, called intrinsic value, which is Kodiak Sciences' 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 Kodiak Sciences' market value can be influenced by many factors that don't directly affect Kodiak Sciences' 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 Kodiak Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kodiak Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kodiak Sciences' 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.