We compared the performance of the Kinect skeletal data with the Kinect depth data in capturing different gait parameters during the Timed-up and Go Test (TUG) and Figure of 8 Walk Test (F8W). The gait parameters considered were stride length, stride time, and walking speed for the TUG, and number of steps and completion time for the F8W. A marker-based Vicon motion capture system was used for the ground-truth measurements. Five healthy participants were recruited for the experiment and were asked to perform three trials of each task. Results show that depth data analysis yields stride length and stride time measures with significantly low percentile errors as compared to the skeletal data analysis. However, the skeletal and depth data performed similar with less than 3% of absolute mean percentile error in determining the walking speed for the TUG and both parameters of F8W. The results show potential capabilities of Kinect depth data analysis in computing many gait parameters, whereas, the Kinect skeletal data can also be used for walking speed in TUG and F8W gait parameters.