Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024)
Kinetik Holdings (KNTK) posted quarterly Change in Receivables of -$5.8 million for Q1 2024, down 16.67% year-over-year from -$7.0 million in Q2 2023, and up 60.66% quarter-over-quarter from -$14.9 million in Q4 2023.
Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024) Analysis & Trends
Kinetik Holdings' Change in Receivables history runs 5 years deep, the most recent figure standing at -$5.8 million for Q1 2024.
- In Q1 2024, Change in Receivables fell 16.67% year-over-year to -$5.8 million; the TTM figure through Mar 2024 stood at $11.3 million (up 117.62% YoY), while the FY2023 annual figure was $12.1 million, up 45.65% from the prior year.
- Change in Receivables for Q1 2024 stood at -$5.8 million, up from -$14.9 million in the prior quarter.
- The five-year high for Change in Receivables was $69.4 million in Q1 2021, with the low at -$65.6 million in Q4 2022.
- The 5-year median for Change in Receivables is -$2.5 million (2020), against an average of $6.9 million.
- Peak annual rise in Change in Receivables reached 68589.11% in 2021, while the deepest fall reached 547.07% in 2021.
- Kinetik Holdings' Change in Receivables stood at $6.7 million in 2020, then sank by 547.07% to -$30.1 million in 2021, then slumped by 117.8% to -$65.6 million in 2022, then soared by 77.36% to -$14.9 million in 2023, then jumped by 60.66% to -$5.8 million in 2024.
- Business Quant data shows KNTK's Change in Receivables at -$5.8 million in Q1 2024, -$14.9 million in Q4 2023, and $49.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | -26.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | -117.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | -119.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 194.50 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 138.00 Mn |
| 10 | Kinetik Holdings | 3.97 Bn | 3.94 Bn | 343.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -5.84 Mn |
| Mar 31, 2024 | -5.84 Mn |
| Dec 31, 2023 | -14.85 Mn |
| Dec 31, 2023 | -14.85 Mn |
| Sep 30, 2023 | 49.04 Mn |
| Sep 30, 2023 | 49.04 Mn |
| Jun 30, 2023 | -17.05 Mn |
| Jun 30, 2023 | -17.05 Mn |
| Mar 31, 2023 | -5.01 Mn |
| Mar 31, 2023 | -5.01 Mn |
| Dec 31, 2022 | -65.60 Mn |
| Dec 31, 2022 | -65.60 Mn |
| Sep 30, 2022 | -26.58 Mn |
| Sep 30, 2022 | -26.58 Mn |
| Jun 30, 2022 | 33.07 Mn |
| Jun 30, 2022 | 33.07 Mn |
| Mar 31, 2022 | 67.45 Mn |
| Mar 31, 2022 | 67.45 Mn |
| Dec 31, 2021 | -30.12 Mn |
| Dec 31, 2021 | -30.12 Mn |