Kodiak Gas Services (Kodiak Gas Services) Cash And Cash Equivalents : $9.3 Mil (As of Mar. 2024)

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What is Kodiak Gas Services Cash And Cash Equivalents?

Kodiak Gas Services's quarterly cash and cash equivalents declined from Sep. 2023 ($6.13 Mil) to Dec. 2023 ($5.56 Mil) but then increased from Dec. 2023 ($5.56 Mil) to Mar. 2024 ($9.31 Mil).

Kodiak Gas Services's annual cash and cash equivalents declined from Dec. 2021 ($28.80 Mil) to Dec. 2022 ($20.43 Mil) and declined from Dec. 2022 ($20.43 Mil) to Dec. 2023 ($5.56 Mil).

Kodiak Gas Services Cash And Cash Equivalents Historical Data

The historical data trend for Kodiak Gas Services's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kodiak Gas Services Cash And Cash Equivalents Chart

Kodiak Gas Services Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

28.80

20.43

5.56

Kodiak Gas Services Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial					3.00	41.37	6.13	5.56	9.31

Kodiak Gas Services Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Kodiak Gas Services (NYSE:KGS) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Kodiak Gas Services Cash And Cash Equivalents Related Terms

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Kodiak Gas Services (Kodiak Gas Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kodiak Gas Services Inc (NYSE:KGS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

Q41:Germany

Address

15320 Highway 105 W, Suite 210, Montgomery, TX, USA, 77356

Website

https://www.kodiakgas.com

Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Compression Operations and Other Services. Compression Operations consist of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs our customers, including station construction, maintenance and overhaul and other ancillary time and material-based offerings.

Executives

Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Robert Michael Mckee	director, officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Margaret C Montana	director	910 LOUISIANA STREET, HOUSTON TX 77002
Ewan William Hamilton	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Nirav Kush Shah	director	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Christopher Drumgoole	director	C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Roclawski Cory Anne	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Kelly Michelle Battle	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Jon-al Duplantier	director	C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
John Griggs	officer: See Remarks	C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
William Chad Lenamon	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Randall J Hogan	director	5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Eqt Fund Management S.a R.l.	10 percent owner	51A BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Frontier Topco Partnership, L.p.	10 percent owner	26A, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Teresa Maria Mattamouros	director	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356