Kinetik Holdings (KNTK) Asset Writedowns and Impairment (2019 - 2021)

Kinetik Holdings (KNTK) recorded quarterly Asset Writedowns and Impairment of $441000.0 in Q1 2021, down 73.16% quarter-over-quarter from $1.6 million in Q4 2020.

Kinetik Holdings (KNTK) Asset Writedowns and Impairment (2019 - 2021) Analysis & Trends

Kinetik Holdings' Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $441000.0 for Q1 2021.

  • In Q1 2021, Asset Writedowns and Impairment changed N/A year-over-year to $441000.0; the TTM figure through Dec 2021 stood at $441000.0 (down 73.16% YoY), while the FY2021 annual figure was $441000.0, down 73.16% from the prior year.
  • Asset Writedowns and Impairment was $441000.0 for Q1 2021 at Kinetik Holdings, down from $1.6 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.3 billion in Q4 2019 to a low of $441000.0 in Q1 2021.
  • Historically, Asset Writedowns and Impairment has averaged $325.7 million across 3 years, with a median of $5.5 million in 2019.
  • Biggest YoY gain for Asset Writedowns and Impairment was 99.87% in 2020; the steepest drop was 99.87% in 2020.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $1.3 billion in 2019, then slumped by 99.87% to $1.6 million in 2020, then plunged by 73.16% to $441000.0 in 2021.
  • The last three Asset Writedowns and Impairment figures came in at $441000.0 (Q1 2021), $1.6 million (Q4 2020), and $1.3 billion (Q4 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Kinetik Holdings 3.00 Bn 7.51 Bn 221.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2021 441,000.00
Mar 31, 2021 441,000.00
Dec 31, 2020 1.64 Mn
Dec 31, 2020 1.64 Mn
Dec 31, 2019 1.29 Bn
Dec 31, 2019 1.29 Bn
Sep 30, 2019 9.34 Mn
Sep 30, 2019 9.34 Mn