Kodiak Gas Services (KGS) Interest Coverage Ratio (2022 - 2024)
Kodiak Gas Services (KGS) reported Interest Coverage Ratio of 1.04 for Q2 2024, up 23.32% on a YoY basis from 0.84 in Q3 2023, and down 31.36% quarter-over-quarter from 1.51 in Q1 2024.
Kodiak Gas Services (KGS) Interest Coverage Ratio (2022 - 2024) Analysis & Trends
Kodiak Gas Services has reported Interest Coverage Ratio for 3 years, with the latest figure at 1.04 in Q2 2024.
- For the quarter ending Q2 2024, Interest Coverage Ratio rose 23.32% year-over-year to 1.04; the trailing twelve-month figure through Mar 2025 stood at 5.34 (up 323.97% YoY), and the FY2023 full-year result was 1.1, down 18.07% from the prior year.
- Interest Coverage Ratio for Q2 2024 stood at 1.04, down from 1.51 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.54 in Q3 2023, with the low at 0.84 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 1.2 across 3 years, with a median of 1.17 in 2022.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 40.22% — and 2024, when it jumped 72.21%.
- Kodiak Gas Services' Interest Coverage Ratio stood at 0.94 in 2022, then jumped by 59.58% to 1.5 in 2023, then plunged by 30.74% to 1.04 in 2024.
- The last three Interest Coverage Ratio figures came in at 1.04 (Q2 2024), 1.51 (Q1 2024), and 1.5 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 38.03 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | - |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 21.16 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.14 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 5.10 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.04 |
| Mar 31, 2024 | 1.51 |
| Dec 31, 2023 | 1.50 |
| Sep 30, 2023 | 1.54 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.94 |
| Sep 30, 2022 | 1.17 |
| Jun 30, 2022 | 1.41 |