Kodiak Depreciation vs Stock Based Compensation Analysis

KGS Stock

39.80 0.86 2.21%

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 Depreciation and its Stock Based Compensation 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.

Depreciation vs Stock Based Compensation

Depreciation vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Depreciation account and Stock Based Compensation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Kodiak Gas' Depreciation and Stock Based Compensation is 0.94. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation 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' Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Kodiak Gas Services, are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Kodiak Gas' Depreciation and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Depreciation

Depreciation indicates how much of Kodiak Gas Services, value has been used up. For tax purposes Kodiak Gas can deduct the cost of the tangible assets it purchases as business expenses. However, Kodiak Gas Services, must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 Expense	107.3M	170.1M	222.5M	168.7M
Depreciation And Amortization	160.0M	174.5M	182.9M	182.3M

Interest Expense Depreciation And Amortization

Kodiak Gas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.13	0.33	0.27	-0.03	0.34	-0.37	0.32	-0.03	0.13	-0.25	0.04	-0.49	-0.25	0.22	-0.17	-0.49	-0.02	-0.54	0.6	-0.23	0.05	0.18	-0.06	-0.06	0.0
Short Long Term Debt Total	0.13		0.06	-0.52	-0.75	-0.4	-0.68	0.53	0.49	1.0	0.6	0.23	-0.29	-0.43	-0.9	0.48	-0.29	0.41	-0.26	0.31	0.76	0.61	0.21	-1.0	0.33	0.51
Other Current Liab	0.33	0.06		-0.38	0.38	-0.3	-0.76	0.63	0.69	0.08	0.5	0.81	-0.87	-0.22	-0.01	0.69	-0.87	0.78	-0.63	0.49	0.32	0.74	0.96	0.01	-0.32	0.74
Total Current Liabilities	0.27	-0.52	-0.38		-0.1	0.99	0.65	-0.82	-0.93	-0.53	-0.97	-0.83	0.6	0.76	0.44	-0.91	0.6	-0.87	0.6	-0.55	-0.95	-0.84	-0.61	0.5	0.49	-0.89
Total Stockholder Equity	-0.03	-0.75	0.38	-0.1		-0.2	0.16	0.15	0.17	-0.74	0.0	0.43	-0.32	-0.18	0.81	0.12	-0.32	0.22	-0.38	0.28	-0.22	-0.01	0.33	0.79	-0.83	0.13
Other Liab	0.34	-0.4	-0.3	0.99	-0.2		0.52	-0.77	-0.88	-0.41	-0.92	-0.8	0.53	0.77	0.32	-0.85	0.53	-0.82	0.58	-0.53	-0.89	-0.75	-0.53	0.38	0.59	-0.83
Net Tangible Assets	-0.37	-0.68	-0.76	0.65	0.16	0.52		-0.85	-0.84	-0.7	-0.76	-0.77	0.86	0.52	0.54	-0.81	0.86	-0.85	0.7	-0.64	-0.73	-0.94	-0.83	0.62	0.11	-0.88
Property Plant And Equipment Net	0.32	0.53	0.63	-0.82	0.15	-0.77	-0.85		0.91	0.54	0.81	0.88	-0.91	-0.87	-0.26	0.82	-0.91	0.87	-0.92	0.89	0.77	0.87	0.75	-0.45	-0.56	0.9
Current Deferred Revenue	-0.03	0.49	0.69	-0.93	0.17	-0.88	-0.84	0.91		0.5	0.96	0.95	-0.82	-0.7	-0.39	0.98	-0.82	0.99	-0.74	0.65	0.88	0.96	0.85	-0.44	-0.48	0.99
Net Debt	0.13	1.0	0.08	-0.53	-0.74	-0.41	-0.7	0.54	0.5		0.61	0.25	-0.31	-0.43	-0.9	0.5	-0.31	0.43	-0.27	0.31	0.76	0.62	0.23	-0.99	0.32	0.53
Retained Earnings	-0.25	0.6	0.5	-0.97	0.0	-0.92	-0.76	0.81	0.96	0.61		0.85	-0.63	-0.64	-0.57	0.97	-0.63	0.93	-0.55	0.48	0.97	0.93	0.71	-0.57	-0.34	0.95
Accounts Payable	0.04	0.23	0.81	-0.83	0.43	-0.8	-0.77	0.88	0.95	0.25	0.85		-0.89	-0.64	-0.13	0.92	-0.89	0.97	-0.78	0.67	0.7	0.89	0.92	-0.17	-0.63	0.95
Cash	-0.49	-0.29	-0.87	0.6	-0.32	0.53	0.86	-0.91	-0.82	-0.31	-0.63	-0.89		0.65	0.05	-0.74	1.0	-0.85	0.92	-0.84	-0.52	-0.82	-0.9	0.2	0.54	-0.84
Non Current Assets Total	-0.25	-0.43	-0.22	0.76	-0.18	0.77	0.52	-0.87	-0.7	-0.43	-0.64	-0.64	0.65		0.08	-0.55	0.65	-0.6	0.86	-0.9	-0.66	-0.57	-0.37	0.38	0.69	-0.64
Non Currrent Assets Other	0.22	-0.9	-0.01	0.44	0.81	0.32	0.54	-0.26	-0.39	-0.9	-0.57	-0.13	0.05	0.08		-0.47	0.05	-0.35	-0.1	0.09	-0.7	-0.54	-0.16	0.92	-0.55	-0.43
Other Assets	-0.17	0.48	0.69	-0.91	0.12	-0.85	-0.81	0.82	0.98	0.5	0.97	0.92	-0.74	-0.55	-0.47		-0.74	0.98	-0.59	0.48	0.88	0.97	0.85	-0.45	-0.36	0.98
Cash And Short Term Investments	-0.49	-0.29	-0.87	0.6	-0.32	0.53	0.86	-0.91	-0.82	-0.31	-0.63	-0.89	1.0	0.65	0.05	-0.74		-0.85	0.92	-0.84	-0.52	-0.82	-0.9	0.2	0.54	-0.84
Net Receivables	-0.02	0.41	0.78	-0.87	0.22	-0.82	-0.85	0.87	0.99	0.43	0.93	0.97	-0.85	-0.6	-0.35	0.98	-0.85		-0.71	0.6	0.82	0.97	0.92	-0.36	-0.45	0.99
Good Will	-0.54	-0.26	-0.63	0.6	-0.38	0.58	0.7	-0.92	-0.74	-0.27	-0.55	-0.78	0.92	0.86	-0.1	-0.59	0.92	-0.71		-0.98	-0.48	-0.66	-0.67	0.17	0.72	-0.71
Common Stock Shares Outstanding	0.6	0.31	0.49	-0.55	0.28	-0.53	-0.64	0.89	0.65	0.31	0.48	0.67	-0.84	-0.9	0.09	0.48	-0.84	0.6	-0.98		0.45	0.57	0.53	-0.22	-0.68	0.62
Non Current Liabilities Total	-0.23	0.76	0.32	-0.95	-0.22	-0.89	-0.73	0.77	0.88	0.76	0.97	0.7	-0.52	-0.66	-0.7	0.88	-0.52	0.82	-0.48	0.45		0.87	0.54	-0.74	-0.2	0.87
Inventory	0.05	0.61	0.74	-0.84	-0.01	-0.75	-0.94	0.87	0.96	0.62	0.93	0.89	-0.82	-0.57	-0.54	0.97	-0.82	0.97	-0.66	0.57	0.87		0.88	-0.56	-0.26	0.99
Other Current Assets	0.18	0.21	0.96	-0.61	0.33	-0.53	-0.83	0.75	0.85	0.23	0.71	0.92	-0.9	-0.37	-0.16	0.85	-0.9	0.92	-0.67	0.53	0.54	0.88		-0.14	-0.38	0.88
Other Stockholder Equity	-0.06	-1.0	0.01	0.5	0.79	0.38	0.62	-0.45	-0.44	-0.99	-0.57	-0.17	0.2	0.38	0.92	-0.45	0.2	-0.36	0.17	-0.22	-0.74	-0.56	-0.14		-0.38	-0.46
Total Liab	-0.06	0.33	-0.32	0.49	-0.83	0.59	0.11	-0.56	-0.48	0.32	-0.34	-0.63	0.54	0.69	-0.55	-0.36	0.54	-0.45	0.72	-0.68	-0.2	-0.26	-0.38	-0.38		-0.41
Total Current Assets	0.0	0.51	0.74	-0.89	0.13	-0.83	-0.88	0.9	0.99	0.53	0.95	0.95	-0.84	-0.64	-0.43	0.98	-0.84	0.99	-0.71	0.62	0.87	0.99	0.88	-0.46	-0.41

Click cells to compare fundamentals

Kodiak Gas Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Kodiak Stock Analysis

When running Kodiak Gas' price analysis, check to measure Kodiak Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kodiak Gas is operating at the current time. Most of Kodiak Gas' value examination focuses on studying past and present price action to predict the probability of Kodiak Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kodiak Gas' price. Additionally, you may evaluate how the addition of Kodiak Gas to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Kodiak Depreciation vs Stock Based Compensation Analysis

Depreciation vs Stock Based Compensation

Depreciation vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Depreciation

Stock Based Compensation

Kodiak Gas fundamental ratios Correlations

Kodiak Gas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Kodiak Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Other Liab	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Current Deferred Revenue
Total Current Assets	+ 0.99	Current Deferred Revenue
Total Current Assets	+ 0.99	Net Receivables

Other Stockholder Equity	- 1.0	Short Long Term Debt Total
Other Stockholder Equity	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.98	Good Will
Retained Earnings	- 0.97	Total Current Liabilities
Non Current Liabilities Total	- 0.95	Total Current Liabilities
Inventory	- 0.94	Net Tangible Assets