Kodiak Other Operating Expenses vs Net Income From Continuing Ops 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 Other Operating Expenses and its Net Income From Continuing Ops 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.

Other Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodiak Gas Services, Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Kodiak Gas' Other Operating Expenses and Net Income From Continuing Ops is -0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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' Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Kodiak Gas Services, are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Kodiak Gas' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kodiak Gas Services,. It is also known as Kodiak Gas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

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

0.130.330.27-0.030.34-0.370.32-0.030.13-0.250.04-0.49-0.250.22-0.17-0.49-0.02-0.540.6-0.230.050.18-0.06-0.060.0
0.130.06-0.52-0.75-0.4-0.680.530.491.00.60.23-0.29-0.43-0.90.48-0.290.41-0.260.310.760.610.21-1.00.330.51
0.330.06-0.380.38-0.3-0.760.630.690.080.50.81-0.87-0.22-0.010.69-0.870.78-0.630.490.320.740.960.01-0.320.74
0.27-0.52-0.38-0.10.990.65-0.82-0.93-0.53-0.97-0.830.60.760.44-0.910.6-0.870.6-0.55-0.95-0.84-0.610.50.49-0.89
-0.03-0.750.38-0.1-0.20.160.150.17-0.740.00.43-0.32-0.180.810.12-0.320.22-0.380.28-0.22-0.010.330.79-0.830.13
0.34-0.4-0.30.99-0.20.52-0.77-0.88-0.41-0.92-0.80.530.770.32-0.850.53-0.820.58-0.53-0.89-0.75-0.530.380.59-0.83
-0.37-0.68-0.760.650.160.52-0.85-0.84-0.7-0.76-0.770.860.520.54-0.810.86-0.850.7-0.64-0.73-0.94-0.830.620.11-0.88
0.320.530.63-0.820.15-0.77-0.850.910.540.810.88-0.91-0.87-0.260.82-0.910.87-0.920.890.770.870.75-0.45-0.560.9
-0.030.490.69-0.930.17-0.88-0.840.910.50.960.95-0.82-0.7-0.390.98-0.820.99-0.740.650.880.960.85-0.44-0.480.99
0.131.00.08-0.53-0.74-0.41-0.70.540.50.610.25-0.31-0.43-0.90.5-0.310.43-0.270.310.760.620.23-0.990.320.53
-0.250.60.5-0.970.0-0.92-0.760.810.960.610.85-0.63-0.64-0.570.97-0.630.93-0.550.480.970.930.71-0.57-0.340.95
0.040.230.81-0.830.43-0.8-0.770.880.950.250.85-0.89-0.64-0.130.92-0.890.97-0.780.670.70.890.92-0.17-0.630.95
-0.49-0.29-0.870.6-0.320.530.86-0.91-0.82-0.31-0.63-0.890.650.05-0.741.0-0.850.92-0.84-0.52-0.82-0.90.20.54-0.84
-0.25-0.43-0.220.76-0.180.770.52-0.87-0.7-0.43-0.64-0.640.650.08-0.550.65-0.60.86-0.9-0.66-0.57-0.370.380.69-0.64
0.22-0.9-0.010.440.810.320.54-0.26-0.39-0.9-0.57-0.130.050.08-0.470.05-0.35-0.10.09-0.7-0.54-0.160.92-0.55-0.43
-0.170.480.69-0.910.12-0.85-0.810.820.980.50.970.92-0.74-0.55-0.47-0.740.98-0.590.480.880.970.85-0.45-0.360.98
-0.49-0.29-0.870.6-0.320.530.86-0.91-0.82-0.31-0.63-0.891.00.650.05-0.74-0.850.92-0.84-0.52-0.82-0.90.20.54-0.84
-0.020.410.78-0.870.22-0.82-0.850.870.990.430.930.97-0.85-0.6-0.350.98-0.85-0.710.60.820.970.92-0.36-0.450.99
-0.54-0.26-0.630.6-0.380.580.7-0.92-0.74-0.27-0.55-0.780.920.86-0.1-0.590.92-0.71-0.98-0.48-0.66-0.670.170.72-0.71
0.60.310.49-0.550.28-0.53-0.640.890.650.310.480.67-0.84-0.90.090.48-0.840.6-0.980.450.570.53-0.22-0.680.62
-0.230.760.32-0.95-0.22-0.89-0.730.770.880.760.970.7-0.52-0.66-0.70.88-0.520.82-0.480.450.870.54-0.74-0.20.87
0.050.610.74-0.84-0.01-0.75-0.940.870.960.620.930.89-0.82-0.57-0.540.97-0.820.97-0.660.570.870.88-0.56-0.260.99
0.180.210.96-0.610.33-0.53-0.830.750.850.230.710.92-0.9-0.37-0.160.85-0.90.92-0.670.530.540.88-0.14-0.380.88
-0.06-1.00.010.50.790.380.62-0.45-0.44-0.99-0.57-0.170.20.380.92-0.450.2-0.360.17-0.22-0.74-0.56-0.14-0.38-0.46
-0.060.33-0.320.49-0.830.590.11-0.56-0.480.32-0.34-0.630.540.69-0.55-0.360.54-0.450.72-0.68-0.2-0.26-0.38-0.38-0.41
0.00.510.74-0.890.13-0.83-0.880.90.990.530.950.95-0.84-0.64-0.430.98-0.840.99-0.710.620.870.990.88-0.46-0.41
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.