Kinetik Gross Profit Margin vs Total Assets Analysis
| KNTK Stock | USD 39.85 0.19 0.47% |
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 Gross Profit Margin and its Total 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 tightly coupled 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.
Gross Profit Margin vs Total Assets
Gross Profit Margin vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinetik Holdings Gross Profit Margin account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kinetik Holdings' Gross Profit Margin and Total Assets is 0.97. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total 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' Gross Profit Margin and Total 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 Gross Profit Margin of Kinetik Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Gross Profit Margin i.e., Kinetik Holdings' Gross Profit Margin and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit Margin
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.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 tightly coupled 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.At this time, Kinetik Holdings' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 8.86 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 131.0M | 248.5M | 281.0M | 152.3M | 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 | 5.6M | 7.0M | 187.1M | 9.5M | 9.0M | |
| 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 | 32.3M | 85.4M | 57.0M | |
| 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 | 20.7M | 24.5M | 29.3M | 30.7M | |
| 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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Additional Information and Resources on Investing in Kinetik Stock
When determining whether Kinetik Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kinetik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kinetik Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Kinetik Holdings Stock: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 tightly coupled 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 16.095 | Dividend Share 3 | Earnings Share 2.7 | Revenue Per Share 24.211 | Quarterly Revenue Growth 0.215 |
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.