Kinetik Total Assets vs Total Current Assets Analysis
KNTK Stock | USD 58.66 0.50 0.85% |
Kinetik Holdings financial indicator trend analysis is infinitely more than just investigating Kinetik Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinetik Holdings is a good investment. Please check the relationship between Kinetik Holdings Total Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinetik Holdings Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kinetik Holdings' Total Assets and Total Current Assets is 0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Kinetik Holdings, assuming nothing else is changed. The correlation between historical values of Kinetik Holdings' Total Assets and Total Current 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 Total Assets of Kinetik Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Kinetik Holdings' Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Kinetik Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kinetik Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Kinetik Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinetik Holdings 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 Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.Selling General Administrative is expected to rise to about 102.8 M this year, although the value of Tax Provision will most likely fall to about 2.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 131.0M | 248.5M | 300.5M | 155.4M | Cost Of Revenue | 477.2M | 801.9M | 796.7M | 500.8M |
Kinetik Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Kinetik Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinetik Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3B | 3.5B | 3.6B | 5.9B | 6.5B | 3.6B | |
Other Current Liab | 83.7M | 61.6M | 135.3M | 161.0M | 179.8M | 97.3M | |
Total Current Liabilities | 184.2M | 137.2M | 240.9M | 227.8M | 250.1M | 145.1M | |
Total Stockholder Equity | 903.5M | 937.0M | 10K | (839.8M) | (530.8M) | (504.3M) | |
Net Debt | 2.2B | 2.4B | 2.4B | 3.4B | 3.6B | 1.8B | |
Retained Earnings | (392.6M) | (391.0M) | (577.3M) | (958.6M) | (723.5M) | (687.3M) | |
Cash | 50.3M | 19.6M | 18.7M | 6.4M | 4.5M | 4.3M | |
Non Current Assets Total | 4.2B | 3.4B | 3.3B | 5.7B | 6.2B | 3.2B | |
Non Currrent Assets Other | 23.6M | 23.6M | 22.3M | (176.4M) | 85.4M | 89.7M | |
Liabilities And Stockholders Equity | 2.4B | 2.5B | 3.6B | 5.9B | 6.5B | 6.8B | |
Non Current Liabilities Total | 2.2B | 2.4B | 2.3B | 3.4B | 3.6B | 1.9B | |
Other Current Assets | 5.4M | 8.5M | 18.6M | 24.5M | 37.1M | 38.9M | |
Total Liab | 2.4B | 2.5B | 2.5B | 3.6B | 3.9B | 2.1B | |
Total Current Assets | 138.2M | 120.4M | 217.5M | 241.9M | 257.3M | 196.8M | |
Other Liab | 167.6M | 208.6M | 135.3M | 44.7M | 51.4M | 48.9M | |
Net Tangible Assets | (353.1M) | 937.0M | (577.2M) | 2.3B | 2.6B | 2.7B | |
Accounts Payable | 15.6M | 13.4M | 12.2M | 17.9M | 34M | 35.7M | |
Other Assets | 5.3M | 1.6B | 1.9B | 2.4B | 122.5M | 116.4M | |
Cash And Short Term Investments | 50.3M | 19.6M | 18.7M | 6.4M | 4.5M | 4.3M | |
Net Receivables | 82.3M | 91.6M | 178.1M | 204.0M | 215.7M | 123.9M | |
Inventory | 154K | 702K | 3.0M | 7.0M | 7.8M | 3.9M | |
Other Stockholder Equity | 1.3B | 1.3B | 577.3M | 118.8M | 192.7M | 183.0M | |
Deferred Long Term Liab | 5.3M | 5.8M | 6.2M | 19.3M | 22.2M | 23.4M | |
Net Invested Capital | 52.7M | 377.5M | 3.3B | 2.5B | 3.0B | 3.2B | |
Long Term Investments | 1.3B | 1.6B | 626.5M | 2.4B | 2.5B | 1.4B | |
Net Working Capital | (2.0M) | 12.8M | (23.4M) | 14.0M | 7.2M | 6.8M | |
Property Plant Equipment | 205.8M | 195.8M | 187.0M | 2.5B | 2.9B | 3.1B | |
Property Plant And Equipment Net | 1.8B | 1.9B | 1.9B | 2.6B | 2.8B | 2.2B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 Kinetik Holdings. If investors know Kinetik 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 Kinetik Holdings 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 0.672 | Dividend Share 3.03 | Earnings Share 2.97 | Revenue Per Share 24.799 | Quarterly Revenue Growth 0.2 |
The market value of Kinetik Holdings is measured differently than its book value, which is the value of Kinetik that is recorded on the company's balance sheet. Investors also form their own opinion of Kinetik Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kinetik Holdings' 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 Kinetik Holdings' market value can be influenced by many factors that don't directly affect Kinetik Holdings' 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 Kinetik Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinetik Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinetik Holdings' 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.