Kinder Net Income vs Total Operating Expenses 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 Net Income and its Total Operating Expenses 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.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinder Morgan Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Kinder Morgan's Net Income and Total Operating Expenses is 0.08. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses 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 Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Kinder Morgan are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Kinder Morgan's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Kinder Morgan financial statement analysis. It represents the amount of money remaining after all of Kinder Morgan operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Profit | 8.0B | 7.8B | 8.1B | 5.7B | Total Revenue | 16.6B | 19.2B | 15.3B | 10.9B |
Kinder Morgan fundamental ratios Correlations
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Kinder Morgan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinder Morgan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.2B | 72.0B | 70.4B | 70.1B | 71.0B | 52.6B | |
Other Current Liab | 2.6B | 1.4B | 1.6B | 1.8B | 1.5B | 1.7B | |
Total Current Liabilities | 5B | 5.1B | 5.8B | 6.9B | 7.2B | 4.6B | |
Total Stockholder Equity | 33.7B | 31.4B | 30.8B | 30.7B | 30.3B | 18.2B | |
Other Liab | 2.0B | 2.2B | 2B | 2.1B | 2.4B | 1.7B | |
Retained Earnings | (7.7B) | (9.9B) | (10.6B) | (10.6B) | (10.7B) | (10.2B) | |
Accounts Payable | 914M | 837M | 1.3B | 1.4B | 1.4B | 984.0M | |
Cash | 185M | 1.2B | 1.1B | 745M | 83M | 78.9M | |
Other Assets | 2.0B | 10.6B | 6.4B | 11.6B | 13.3B | 14.0B | |
Long Term Debt | 31.9B | 32.1B | 30.7B | 28.4B | 28.1B | 21.7B | |
Net Receivables | 1.4B | 1.3B | 1.6B | 1.8B | 1.6B | 1.2B | |
Short Term Investments | 925M | 119M | 113M | 1M | 1.2M | 1.1M | |
Inventory | 371M | 348M | 562M | 634M | 525M | 295.7M | |
Other Current Assets | 3.1B | 378M | 516M | 584M | 346M | 328.7M | |
Total Liab | 39.3B | 39.4B | 38.5B | 38.0B | 39.3B | 31.4B | |
Property Plant Equipment | 36.4B | 35.8B | 35.7B | 35.6B | 40.9B | 26.1B | |
Intangible Assets | 2.7B | 2.5B | 1.7B | 1.8B | 2.0B | 2.5B | |
Common Stock Shares Outstanding | 2.3B | 2.3B | 2.3B | 2.3B | 2.2B | 1.7B | |
Short Long Term Debt Total | 34.3B | 34.7B | 33.3B | 31.8B | 32.1B | 35.7B | |
Property Plant And Equipment Net | 36.4B | 35.8B | 35.7B | 35.6B | 37.3B | 36.3B | |
Current Deferred Revenue | (914M) | (837M) | (1.3B) | 623M | 785M | 824.3M | |
Net Debt | 34.1B | 33.5B | 32.2B | 31.0B | 32.0B | 34.8B | |
Non Current Assets Total | 70.9B | 68.8B | 66.6B | 66.3B | 68.5B | 69.4B | |
Non Currrent Assets Other | 4.4B | 4.6B | 3.3B | 2.4B | 1.2B | 1.2B | |
Cash And Short Term Investments | 185M | 1.2B | 1.1B | 745M | 83M | 78.9M | |
Good Will | 21.5B | 19.9B | 19.9B | 20.0B | 20.1B | 20.4B | |
Liabilities And Stockholders Equity | 74.2B | 72.0B | 70.4B | 70.1B | 71.0B | 72.9B | |
Non Current Liabilities Total | 34.3B | 34.3B | 32.7B | 31.0B | 32.1B | 36.3B | |
Property Plant And Equipment Gross | 36.4B | 35.8B | 54.4B | 56.0B | 59.4B | 40.8B | |
Total Current Assets | 3.2B | 3.2B | 3.8B | 3.8B | 2.5B | 3.5B | |
Accumulated Other Comprehensive Income | (333M) | (407M) | (411M) | (402M) | (217M) | (227.9M) | |
Short Term Debt | 2.4B | 2.6B | 2.6B | 3.4B | 4.0B | 2.8B | |
Net Tangible Assets | 10.4B | 9.9B | 10.9B | 9.0B | 10.3B | 5.7B | |
Noncontrolling Interest In Consolidated Entity | 344M | 402M | 1.1B | 1.4B | 1.2B | 2.3B | |
Retained Earnings Total Equity | (7.7B) | (9.9B) | (10.6B) | (10.6B) | (9.5B) | (10.0B) | |
Long Term Debt Total | 31.9B | 32.1B | 30.7B | 28.4B | 32.7B | 34.3B | |
Capital Surpluse | 41.7B | 41.8B | 41.8B | 41.7B | 47.9B | 40.0B |
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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.