Kodiak Good Will vs Net Receivables Analysis

KGS Stock   39.72  0.72  1.78%   
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 Good Will and its Net Receivables 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.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Good Will account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Kodiak Gas' Good Will and Net Receivables is -0.71. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables 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' Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Kodiak Gas Services, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Kodiak Gas' Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

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

0.020.91-0.260.43-0.19-0.710.680.570.040.320.72-0.920.990.20.49-0.920.63-0.80.720.30.60.830.070.460.6
0.020.06-0.52-0.75-0.4-0.680.530.491.00.60.23-0.29-0.08-0.90.48-0.290.41-0.260.310.670.610.19-1.00.760.51
0.910.06-0.380.38-0.3-0.760.630.690.080.50.81-0.870.86-0.010.69-0.870.78-0.630.490.460.740.970.010.430.74
-0.26-0.52-0.38-0.10.990.65-0.82-0.93-0.53-0.97-0.830.6-0.110.44-0.910.6-0.870.6-0.55-0.96-0.84-0.60.5-0.13-0.89
0.43-0.750.38-0.1-0.20.160.150.17-0.740.00.43-0.320.450.810.12-0.320.22-0.380.28-0.09-0.010.350.79-0.610.12
-0.19-0.4-0.30.99-0.20.52-0.77-0.88-0.41-0.92-0.80.53-0.050.32-0.850.53-0.820.58-0.53-0.91-0.75-0.530.380.03-0.83
-0.71-0.68-0.760.650.160.52-0.85-0.84-0.7-0.76-0.770.86-0.610.54-0.810.86-0.850.7-0.64-0.78-0.94-0.820.62-0.78-0.88
0.680.530.63-0.820.15-0.77-0.850.910.540.810.88-0.910.58-0.250.82-0.910.87-0.920.890.830.870.75-0.450.450.9
0.570.490.69-0.930.17-0.88-0.840.910.50.960.95-0.820.43-0.380.98-0.820.99-0.740.650.950.960.84-0.440.330.99
0.041.00.08-0.53-0.74-0.41-0.70.540.50.610.25-0.31-0.06-0.90.5-0.310.43-0.270.310.680.620.21-0.990.770.53
0.320.60.5-0.970.0-0.92-0.760.810.960.610.85-0.630.16-0.570.97-0.630.93-0.550.480.990.930.7-0.570.280.95
0.720.230.81-0.830.43-0.8-0.770.880.950.250.85-0.890.6-0.120.92-0.890.97-0.780.670.810.890.92-0.170.20.95
-0.92-0.29-0.870.6-0.320.530.86-0.91-0.82-0.31-0.63-0.89-0.850.05-0.741.0-0.850.92-0.84-0.63-0.82-0.90.2-0.49-0.84
0.99-0.080.86-0.110.45-0.05-0.610.580.43-0.060.160.6-0.850.310.34-0.850.5-0.750.670.150.460.750.170.420.47
0.2-0.9-0.010.440.810.320.54-0.25-0.38-0.9-0.57-0.120.050.31-0.470.05-0.35-0.10.09-0.62-0.54-0.140.92-0.62-0.43
0.490.480.69-0.910.12-0.85-0.810.820.980.50.970.92-0.740.34-0.47-0.740.98-0.590.480.950.970.85-0.450.310.98
-0.92-0.29-0.870.6-0.320.530.86-0.91-0.82-0.31-0.63-0.891.0-0.850.05-0.74-0.850.92-0.84-0.63-0.82-0.90.2-0.49-0.84
0.630.410.78-0.870.22-0.82-0.850.870.990.430.930.97-0.850.5-0.350.98-0.85-0.710.60.90.970.91-0.360.340.99
-0.8-0.26-0.630.6-0.380.580.7-0.92-0.74-0.27-0.55-0.780.92-0.75-0.1-0.590.92-0.71-0.98-0.56-0.66-0.670.17-0.34-0.71
0.720.310.49-0.550.28-0.53-0.640.890.650.310.480.67-0.840.670.090.48-0.840.6-0.980.50.570.53-0.220.350.62
0.30.670.46-0.96-0.09-0.91-0.780.830.950.680.990.81-0.630.15-0.620.95-0.630.9-0.560.50.930.67-0.650.350.94
0.60.610.74-0.84-0.01-0.75-0.940.870.960.620.930.89-0.820.46-0.540.97-0.820.97-0.660.570.930.87-0.560.540.99
0.830.190.97-0.60.35-0.53-0.820.750.840.210.70.92-0.90.75-0.140.85-0.90.91-0.670.530.670.87-0.120.390.88
0.07-1.00.010.50.790.380.62-0.45-0.44-0.99-0.57-0.170.20.170.92-0.450.2-0.360.17-0.22-0.65-0.56-0.12-0.72-0.46
0.460.760.43-0.13-0.610.03-0.780.450.330.770.280.2-0.490.42-0.620.31-0.490.34-0.340.350.350.540.39-0.720.41
0.60.510.74-0.890.12-0.83-0.880.90.990.530.950.95-0.840.47-0.430.98-0.840.99-0.710.620.940.990.88-0.460.41
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Kodiak Gas Account Relationship Matchups

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