Kinder Good Will vs Intangible Assets Analysis

KMI Stock  USD 28.49  0.05  0.18%   
Kinder Morgan financial indicator trend analysis is infinitely more than just investigating Kinder Morgan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinder Morgan is a good investment. Please check the relationship between Kinder Morgan Good Will and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinder Morgan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Kinder Stock please use our How to Invest in Kinder Morgan guide.

Good Will vs Intangible Assets

Good Will vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinder Morgan Good Will account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kinder Morgan's Good Will and Intangible Assets is 0.72. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Kinder Morgan, assuming nothing else is changed. The correlation between historical values of Kinder Morgan's Good Will and Intangible 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 Good Will of Kinder Morgan are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Kinder Morgan's Good Will and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Kinder Morgan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinder Morgan 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 Kinder Morgan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Kinder Stock please use our How to Invest in Kinder Morgan guide.As of now, Kinder Morgan's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Kinder Morgan's current Enterprise Value Over EBITDA is estimated to increase to 13.28, while Tax Provision is projected to decrease to under 546 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.0B7.8B8.1B5.7B
Total Revenue16.6B19.2B15.3B10.9B

Kinder Morgan fundamental ratios Correlations

0.690.80.850.88-0.440.840.250.230.730.880.190.780.640.98-0.750.980.810.710.930.94-0.40.930.950.80.25
0.690.540.780.47-0.280.480.37-0.040.830.470.170.350.60.64-0.40.650.730.550.730.68-0.750.70.70.660.37
0.80.540.660.77-0.480.870.430.310.520.92-0.090.830.340.77-0.770.840.550.630.630.72-0.120.610.690.390.43
0.850.780.660.63-0.690.570.250.320.870.680.280.690.370.73-0.520.870.760.880.790.88-0.620.780.840.760.25
0.880.470.770.63-0.370.80.150.270.590.860.020.750.530.9-0.770.880.590.560.780.8-0.150.790.820.550.15
-0.44-0.28-0.48-0.69-0.37-0.24-0.18-0.65-0.48-0.47-0.09-0.60.29-0.280.39-0.54-0.45-0.89-0.38-0.620.13-0.36-0.51-0.26-0.18
0.840.480.870.570.8-0.240.180.260.420.93-0.110.830.570.88-0.720.840.580.430.770.77-0.050.770.790.520.17
0.250.370.430.250.15-0.180.18-0.150.190.23-0.170.150.090.22-0.170.210.170.270.150.17-0.310.060.160.241.0
0.23-0.040.310.320.27-0.650.26-0.150.250.31-0.230.49-0.390.17-0.30.310.130.40.280.40.260.290.34-0.07-0.15
0.730.830.520.870.59-0.480.420.190.250.520.180.510.360.66-0.530.720.640.70.730.7-0.740.720.710.580.19
0.880.470.920.680.86-0.470.930.230.310.520.040.920.450.87-0.810.90.60.630.740.81-0.10.740.80.530.22
0.190.17-0.090.280.02-0.09-0.11-0.17-0.230.180.040.020.360.12-0.110.170.220.240.120.15-0.260.150.170.32-0.17
0.780.350.830.690.75-0.60.830.150.490.510.920.020.230.73-0.660.820.420.670.620.74-0.070.630.710.420.14
0.640.60.340.370.530.290.570.09-0.390.360.450.360.230.71-0.330.520.530.060.670.51-0.360.680.610.70.09
0.980.640.770.730.9-0.280.880.220.170.660.870.120.730.71-0.780.940.770.570.930.88-0.330.930.920.760.21
-0.75-0.4-0.77-0.52-0.770.39-0.72-0.17-0.3-0.53-0.81-0.11-0.66-0.33-0.78-0.76-0.63-0.56-0.65-0.650.11-0.65-0.66-0.33-0.17
0.980.650.840.870.88-0.540.840.210.310.720.90.170.820.520.94-0.760.790.780.880.93-0.350.870.920.730.21
0.810.730.550.760.59-0.450.580.170.130.640.60.220.420.530.77-0.630.790.720.850.85-0.430.830.840.770.16
0.710.550.630.880.56-0.890.430.270.40.70.630.240.670.060.57-0.560.780.720.60.78-0.390.580.70.560.27
0.930.730.630.790.78-0.380.770.150.280.730.740.120.620.670.93-0.650.880.850.60.94-0.411.00.980.810.15
0.940.680.720.880.8-0.620.770.170.40.70.810.150.740.510.88-0.650.930.850.780.94-0.340.940.990.780.16
-0.4-0.75-0.12-0.62-0.150.13-0.05-0.310.26-0.74-0.1-0.26-0.07-0.36-0.330.11-0.35-0.43-0.39-0.41-0.34-0.39-0.35-0.59-0.31
0.930.70.610.780.79-0.360.770.060.290.720.740.150.630.680.93-0.650.870.830.581.00.94-0.390.980.80.06
0.950.70.690.840.82-0.510.790.160.340.710.80.170.710.610.92-0.660.920.840.70.980.99-0.350.980.810.15
0.80.660.390.760.55-0.260.520.24-0.070.580.530.320.420.70.76-0.330.730.770.560.810.78-0.590.80.810.24
0.250.370.430.250.15-0.180.171.0-0.150.190.22-0.170.140.090.21-0.170.210.160.270.150.16-0.310.060.150.24
Click cells to compare fundamentals

Kinder Morgan Account Relationship Matchups

Kinder Morgan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.2B72.0B70.4B70.1B71.0B52.6B
Other Current Liab2.6B1.4B1.6B1.8B1.5B1.7B
Total Current Liabilities5B5.1B5.8B6.9B7.2B4.6B
Total Stockholder Equity33.7B31.4B30.8B30.7B30.3B18.2B
Other Liab2.0B2.2B2B2.1B2.4B1.7B
Retained Earnings(7.7B)(9.9B)(10.6B)(10.6B)(10.7B)(10.2B)
Accounts Payable914M837M1.3B1.4B1.4B984.0M
Cash185M1.2B1.1B745M83M78.9M
Other Assets2.0B10.6B6.4B11.6B13.3B14.0B
Long Term Debt31.9B32.1B30.7B28.4B28.1B21.7B
Net Receivables1.4B1.3B1.6B1.8B1.6B1.2B
Short Term Investments925M119M113M1M1.2M1.1M
Inventory371M348M562M634M525M295.7M
Other Current Assets3.1B378M516M584M346M328.7M
Total Liab39.3B39.4B38.5B38.0B39.3B31.4B
Property Plant Equipment36.4B35.8B35.7B35.6B40.9B26.1B
Intangible Assets2.7B2.5B1.7B1.8B2.0B2.5B
Common Stock Shares Outstanding2.3B2.3B2.3B2.3B2.2B1.7B
Short Long Term Debt Total34.3B34.7B33.3B31.8B32.1B35.7B
Property Plant And Equipment Net36.4B35.8B35.7B35.6B37.3B36.3B
Current Deferred Revenue(914M)(837M)(1.3B)623M785M824.3M
Net Debt34.1B33.5B32.2B31.0B32.0B34.8B
Non Current Assets Total70.9B68.8B66.6B66.3B68.5B69.4B
Non Currrent Assets Other4.4B4.6B3.3B2.4B1.2B1.2B
Cash And Short Term Investments185M1.2B1.1B745M83M78.9M
Good Will21.5B19.9B19.9B20.0B20.1B20.4B
Liabilities And Stockholders Equity74.2B72.0B70.4B70.1B71.0B72.9B
Non Current Liabilities Total34.3B34.3B32.7B31.0B32.1B36.3B
Property Plant And Equipment Gross36.4B35.8B54.4B56.0B59.4B40.8B
Total Current Assets3.2B3.2B3.8B3.8B2.5B3.5B
Accumulated Other Comprehensive Income(333M)(407M)(411M)(402M)(217M)(227.9M)
Short Term Debt2.4B2.6B2.6B3.4B4.0B2.8B
Net Tangible Assets10.4B9.9B10.9B9.0B10.3B5.7B
Noncontrolling Interest In Consolidated Entity344M402M1.1B1.4B1.2B2.3B
Retained Earnings Total Equity(7.7B)(9.9B)(10.6B)(10.6B)(9.5B)(10.0B)
Long Term Debt Total31.9B32.1B30.7B28.4B32.7B34.3B
Capital Surpluse41.7B41.8B41.8B41.7B47.9B40.0B

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinder Morgan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.