Kodiak Gas Services (KGS) Interest Coverage Ratio (2022 - 2024)

Kodiak Gas Services (KGS) has reported Interest Coverage Ratio for 3 consecutive years, with 1.04 the latest figure, recorded 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 Jun 2024 stood at 1.37 (up 45.91% YoY), and the FY2023 full-year result was 1.1, down 18.07% from the prior year.
• Interest Coverage Ratio retreated to 1.04 in Q2 2024 per KGS's latest filing, from 1.51 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 1.54 in Q3 2023 and bottomed 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.
• The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio plunged 40.22% in 2023, then surged 72.21% in 2024.
• Over 3 years, Interest Coverage Ratio stood at 0.94 in 2022, then soared by 59.58% to 1.5 in 2023, then slumped by 30.74% to 1.04 in 2024.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.04, 1.51, and 1.5 for Q2 2024, Q1 2024, and Q4 2023 respectively.